Civic Intelligence

National Scholarship Providers Association

990 • Fiscal year 2016 • EIN 36-4280502

Jan 01, 2016 to Dec 31, 2016 • Filed on Apr 16, 2017

2222 14th StreetBoulder, CO 80302

(303) 442-2524

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

61st percentile

0.09x

Higher debt load relative to assets than 61% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

48th percentile

0.03x

Higher debt load relative to revenue than 48% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

15th percentile

-19%

Higher net margin than 15% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

90th percentile

$113,994

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 21.4% of source-year revenue.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

6th percentile

-31%

Faster asset growth than 6% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

55th percentile

5.3%

Faster revenue growth than 55% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Down

$191,458

Down $84,223 (-31%) from 2015

Net Assets

Down

$173,347

Down $100,089 (-37%) from 2015

Liabilities

Up

$18,111

Up $15,866 (+707%) from 2015

Revenue

Up

$533,217

Up $26,974 (+5.3%) from 2015

Expenses

Up

$633,306

Up $62,494 (+11%) from 2015

Net Income

Down

-$100,089

Down $35,520 (-55%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $200,488Liabilities 2010: $7,533Net Assets 2010: $192,9552010Assets 2011: $172,542Liabilities 2011: $10,795Net Assets 2011: $161,7472011Assets 2012: $183,723Liabilities 2012: $8,747Net Assets 2012: $174,9762012Assets 2013: $175,467Liabilities 2013: $14,248Net Assets 2013: $161,2192013Assets 2014: $350,061Liabilities 2014: $12,056Net Assets 2014: $338,0052014Assets 2015: $275,681Liabilities 2015: $2,245Net Assets 2015: $273,4362015Assets 2016: $191,458Liabilities 2016: $18,111Net Assets 2016: $173,3472016Assets 2017: $273,490Liabilities 2017: $26,030Net Assets 2017: $247,4602017Assets 2018: $400,989Liabilities 2018: $24,099Net Assets 2018: $376,8902018Assets 2019: $487,407Liabilities 2019: $74,806Net Assets 2019: $412,6012019Assets 2020: $575,697Liabilities 2020: $44,576Net Assets 2020: $531,1212020Assets 2021: $1,208,860Liabilities 2021: $64,933Net Assets 2021: $1,143,9272021Assets 2022: $1,346,059Liabilities 2022: $52,091Net Assets 2022: $1,293,9682022Assets 2023: $1,335,318Liabilities 2023: $73,473Net Assets 2023: $1,261,8452023Assets 2024: $3,303,094Liabilities 2024: $413,308Net Assets 2024: $2,889,7862024

Highlighted filing

2016

Assets$191,458
Liabilities$18,111
Net Assets$173,347

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $307,6572010Expenses 2011: $363,1822011Expenses 2012: $478,3822012Revenue 2013: $445,676Expenses 2013: $459,433Net Income 2013: -$13,7572013Revenue 2014: $665,807Expenses 2014: $489,021Net Income 2014: $176,7862014Revenue 2015: $506,243Expenses 2015: $570,812Net Income 2015: -$64,5692015Revenue 2016: $533,217Expenses 2016: $633,306Net Income 2016: -$100,0892016Revenue 2017: $738,987Expenses 2017: $664,874Net Income 2017: $74,1132017Revenue 2018: $805,981Expenses 2018: $676,551Net Income 2018: $129,4302018Revenue 2019: $1,145,091Expenses 2019: $1,109,380Net Income 2019: $35,7112019Revenue 2020: $1,179,908Expenses 2020: $1,061,388Net Income 2020: $118,5202020Revenue 2021: $1,719,995Expenses 2021: $1,107,189Net Income 2021: $612,8062021Revenue 2022: $2,040,039Expenses 2022: $1,889,998Net Income 2022: $150,0412022Revenue 2023: $1,911,560Expenses 2023: $1,943,683Net Income 2023: -$32,1232023Revenue 2024: $1,864,176Expenses 2024: $1,600,467Net Income 2024: $263,7092024

Highlighted filing

2016

Revenue$533,217
Expenses$633,306
Net Income-$100,089
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Apr 16, 2017
Return Version
2016v3.0
Gross Receipts
$533,217
Mission and Program Overview

Mission

To advance the collective impact of scholarship providers and the scholarships they award.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$242,149$165,399▼ $76,750
Accounts Receivable$29,944$15,440▼ $14,504
Prepaid Expenses and Deferred Charges$1,742$6,736▲ $4,994
Land, Buildings, and Equipment, Net$1,846$3,883▲ $2,037
Cash and Non-Interest-Bearing Accounts-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$275,681$191,458▼ $84,223
Other Assets Total-$0-
Liabilities
Deferred Revenue$180$13,230▲ $13,050
Accounts Payable and Accrued Expenses$2,065$4,881▲ $2,816
Total Liabilities$2,245$18,111▲ $15,866
Net Assets / Fund Balance
Unrestricted Net Assets$126,415$137,129▲ $10,714
Temporarily Rstr Net Assets$147,021$36,218▼ $110,803
Total Net Assets Fund Balance$273,436$173,347▼ $100,089
Total Liabilities and Net Assets / Fund Balance$275,681$191,458▼ $84,223

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$8,427$8,427
Equipment$3,883$2,178$6,061
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Amy WeinsteinExecutive DirectorFT$104,868$9,126$113,994

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$337,245
Program Service Revenue
$182,563
Investment Income
$280
Other Revenue
$13,129
All Other Contributions
$133,118
Change in Net Assets
$-100,089

Audited Revenue Reconciliation

Revenue per Audited Statements
$533,217
Revenue Not Reported on Form 990
$275
Total Revenue per Audited Statements
$533,492
Total Revenue per Form 990
$533,217
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$396,329
Salaries, Compensation, and Employee Benefits$236,977
Total Fundraising Expense$26,067
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$142,426$6,868$3,659$152,953
Other Salaries and Wages$97,291$5,341$3,209$105,841
Current Officers, Directors, Trustees, and Key Employees$78,651$15,730$10,487$104,868
Conferences and Meetings$104,309--$104,309
Travel$34,433$2,321$1,277$38,031
Information Technology$21,840$2,584$1,422$25,846
Occupancy$21,345$2,526$1,387$25,258
Fees for Services Accounting$15,570$3,583$2,205$21,358
Payroll Taxes$12,480$1,495$971$14,946
Office Expenses$8,323$985$542$9,850
Other Employee Benefits$6,986$836$544$8,366
Insurance$3,894--$3,894
Pension Plan Contributions$2,468$296$192$2,956
Other Expenses$2,275$314$172$2,761
Depreciation Depletion-$1,586-$1,586
Fees for Services Legal-$210-$210
Total Functional Expenses$562,564$44,675$26,067$633,306

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$633,581
Expenses per Audited Statements$633,306
Total Expenses per Form 990$633,306
Expenses Not Reported on Form 990$275
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

Reviewed and accepted by the audit committee and full board of directors prior to filing.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Reviewed with each director annually for compliance by Executive Director.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Executive Director, who is also key employee - Reviewed annually by Executive Committee of Board of Directors and adjustments are based on merit, comparison to entities of similar size and complexity and annual budget constraints.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Furnished upon receipt of valid written request and a nominal fee to cover the costs of copying, handling and postage.

Filing and Contact Details

Filer

Filer Name
National Scholarship Providers
EIN
36-4280502
Phone
3034422524
Address
2222 14th Street, Boulder, CO 80302

Signing Officer

Name
Amy Weinstein
Title
Exec.Director
Signed
2017-04-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Larry Sparkman
Formed
1999
Legal Domicile
Il
Voting Board Members
15
Independent Board Members
15
Employees
6
Volunteers
20

Preparer

Firm
Davis & Co CPAs PC
Address
9457 S University Blvd 410, Highlands Ranch, CO 80126
Preparer
James M Davis
Phone
3037916800
Supplemental Narrative

Additional Explanations

Client Note 1

Client Note 1 - Notice Re: Excess Contributors WorksheetYou are required by the IRS to keep this form in your records in case you are ever audited. However, it is not considered an actual part of your tax return. Therefore, you should keep it separately in your files, and not provide it to anyone who asks for a copy of your Form 990.

Financial Statement Notes

Part X : FIN48 Footnote

The Association is exempt from federal and state income taxes and believes it has complied with all necessary requirements to maintain its status..

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IRS990/Form990PartVIISectionAGrp/PersonNm0Jennifer Hazelton
IRS990/Form990PartVIISectionAGrp/PersonNm1Jane Thompson
IRS990/Form990PartVIISectionAGrp/PersonNm2Joe Wilcox
IRS990/Form990PartVIISectionAGrp/PersonNm3Maria Falvo
IRS990/Form990PartVIISectionAGrp/PersonNm4Tricia Tate
IRS990/Form990PartVIISectionAGrp/PersonNm5Cecilia Marshall
IRS990/Form990PartVIISectionAGrp/PersonNm6Oscar Sweeten-Lopez
IRS990/Form990PartVIISectionAGrp/PersonNm7David Levy
IRS990/Form990PartVIISectionAGrp/PersonNm8Micheal Maher
IRS990/Form990PartVIISectionAGrp/PersonNm9Julie Kim
IRS990/Form990PartVIISectionAGrp/PersonNm10Larry Sparkman
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IRS990/Form990PartVIISectionAGrp/PersonNm14Beth Barnette Knight
IRS990/Form990PartVIISectionAGrp/PersonNm15Amy Weinstein
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IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6President Elect
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10President
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
IRS990/Form990PartVIISectionAGrp/TitleTxt15Executive Dir.
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IRS990/MissionDesc0To advance the collective impact of scholarship providers and the scholarships they award.
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IRS990/PrincipalOfficerNm0Larry Sparkman
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IRS990/ProgramServiceRevenueGrp/Desc0Conference registrations
IRS990/ProgramServiceRevenueGrp/Desc1Exhibit booths & other fe
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt111483
IRS990/ProgSrvcAccomActy2Grp/Desc0Industry projects - Since 2009 the Organization has received grants from several key national foundations to, amongst other things, build a Toolkit to help organizations create and enhance scholarship programs, to conduct strategic planning, and most recently, for capacity building and impact growth to better serve scholarship providers based on strategic plans. Further implement the strategic plan.
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IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0197510
IRS990/RoyaltiesGrp/TotalAmt00
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IRS990/SavingsAndTempCashInvstGrp/BOYAmt0242149
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0165399
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0337245
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0300213
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0482080

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.30$0.41$2.89$1.86$1.60$0.26
2023Detailed filing. Detailed filing data is available for this year.$1.34$0.07$1.26$1.91$1.94$0.03
2022Detailed filing. Detailed filing data is available for this year.$1.35$0.05$1.29$2.04$1.89$0.15
2021Detailed filing. Detailed filing data is available for this year.$1.21$0.06$1.14$1.72$1.11$0.61
2020Detailed filing. Detailed filing data is available for this year.$0.58$0.04$0.53$1.18$1.06$0.12
2019Detailed filing. Detailed filing data is available for this year.$0.49$0.07$0.41$1.15$1.11$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.40$0.02$0.38$0.81$0.68$0.13
2017Detailed filing. Detailed filing data is available for this year.$0.27$0.03$0.25$0.74$0.66$0.07
2016Detailed filing. Detailed filing data is available for this year.$0.19$0.02$0.17$0.53$0.63$0.10
2015Detailed filing. Detailed filing data is available for this year.$0.28$0.00$0.27$0.51$0.57$0.06
2014Detailed filing. Detailed filing data is available for this year.$0.35$0.01$0.34$0.67$0.49$0.18
2013Detailed filing. Detailed filing data is available for this year.$0.18$0.01$0.16$0.45$0.46$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.18$0.01$0.17$0.48
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.17$0.01$0.16$0.36
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.20$0.01$0.19$0.31