Civic Intelligence

National Business Education Association

EIN 52-0886073 • 501(c)3 • Reston, VA

Profile

To promote business education for both vocational and non-vocational students and serve as a unifying agency among regional chapters.

1908 Association Drive Suite BReston, VA 20191

www.nbea.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

27th percentile

0.00x

Higher debt load relative to assets than 27% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

23rd percentile

0.00x

Higher debt load relative to revenue than 23% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

34th percentile

-2.1%

Higher net margin than 34% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

87th percentile

$179,154

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 8.4% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

67th percentile

11%

Faster asset growth than 67% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

45th percentile

4.3%

Faster revenue growth than 45% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$978,199

Up $94,338 (+11%) from 2023

Liabilities

Flat

$3,634

Flat from 2023

Net Assets

Up

$974,565

Up $94,338 (+11%) from 2023

Revenue

Up

$2,140,494

Up $87,613 (+4.3%) from 2023

Expenses

Up

$2,185,110

Up $10,154 (+0.5%) from 2023

Net Income

Up

-$44,616

Up $77,459 (+63%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0-$1.0MAssets 2011: $2,442,806Liabilities 2011: $400,836Net Assets 2011: $2,041,9702011Assets 2012: $2,257,672Liabilities 2012: $385,463Net Assets 2012: $1,872,2092012Assets 2013: $2,167,888Liabilities 2013: $400,708Net Assets 2013: $1,767,1802013Assets 2014: $2,020,922Liabilities 2014: $364,824Net Assets 2014: $1,656,0982014Assets 2015: $1,701,247Liabilities 2015: $390,403Net Assets 2015: $1,310,8442015Assets 2016: $1,256,659Liabilities 2016: $406,226Net Assets 2016: $850,4332016Assets 2017: $986,255Liabilities 2017: $310,336Net Assets 2017: $675,9192017Assets 2018: $566,469Liabilities 2018: $265,511Net Assets 2018: $300,9582018Assets 2019: $240,614Liabilities 2019: $364,072Net Assets 2019: -$123,4582019Assets 2020: $1,260,392Liabilities 2020: $269,250Net Assets 2020: $991,1422020Assets 2021: $1,035,874Liabilities 2021: $46,134Net Assets 2021: $989,7402021Assets 2022: $890,983Liabilities 2022: $3,634Net Assets 2022: $887,3492022Assets 2023: $883,861Liabilities 2023: $3,634Net Assets 2023: $880,2272023Assets 2024: $978,199Liabilities 2024: $3,634Net Assets 2024: $974,5652024

Highlighted filing

2024

Assets$978,199
Liabilities$3,634
Net Assets$974,565

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $1,139,318Expenses 2011: $1,336,127Net Income 2011: -$196,8092011Revenue 2012: $1,081,448Expenses 2012: $1,218,739Net Income 2012: -$137,2912012Revenue 2013: $992,671Expenses 2013: $1,199,991Net Income 2013: -$207,3202013Revenue 2014: $948,505Expenses 2014: $1,192,210Net Income 2014: -$243,7052014Revenue 2015: $862,513Expenses 2015: $1,194,467Net Income 2015: -$331,9542015Revenue 2016: $861,923Expenses 2016: $1,216,801Net Income 2016: -$354,8782016Revenue 2017: $824,692Expenses 2017: $1,154,100Net Income 2017: -$329,4082017Revenue 2018: $725,035Expenses 2018: $1,123,031Net Income 2018: -$397,9962018Revenue 2019: $659,214Expenses 2019: $1,083,630Net Income 2019: -$424,4162019Revenue 2020: $2,149,124Expenses 2020: $957,524Net Income 2020: $1,191,6002020Revenue 2021: $472,041Expenses 2021: $765,198Net Income 2021: -$293,1572021Revenue 2022: $664,331Expenses 2022: $627,145Net Income 2022: $37,1862022Revenue 2023: $2,052,881Expenses 2023: $2,174,956Net Income 2023: -$122,0752023Revenue 2024: $2,140,494Expenses 2024: $2,185,110Net Income 2024: -$44,6162024

Highlighted filing

2024

Revenue$2,140,494
Expenses$2,185,110
Net Income-$44,616

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.98$0.00$0.97$2.14$2.19$0.04
2023Detailed filing. Detailed filing data is available for this year.$0.88$0.00$0.88$2.05$2.17$0.12
2022Detailed filing. Detailed filing data is available for this year.$0.89$0.00$0.89$0.66$0.63$0.04
2021Detailed filing. Detailed filing data is available for this year.$1.04$0.05$0.99$0.47$0.77$0.29
2020Detailed filing. Detailed filing data is available for this year.$1.26$0.27$0.99$2.15$0.96$1.19
2019Detailed filing. Detailed filing data is available for this year.$0.24$0.36$0.12$0.66$1.08$0.42
2018Detailed filing. Detailed filing data is available for this year.$0.57$0.27$0.30$0.73$1.12$0.40
2017Detailed filing. Detailed filing data is available for this year.$0.99$0.31$0.68$0.82$1.15$0.33
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.26$0.41$0.85$0.86$1.22$0.35
2015Detailed filing. Detailed filing data is available for this year.$1.70$0.39$1.31$0.86$1.19$0.33
2014Detailed filing. Detailed filing data is available for this year.$2.02$0.36$1.66$0.95$1.19$0.24
2013Summary only. Only limited summary data is available for this year.$2.17$0.40$1.77$0.99$1.20$0.21
2012Summary only. Only limited summary data is available for this year.$2.26$0.39$1.87$1.08$1.22$0.14
2011Summary only. Only limited summary data is available for this year.$2.44$0.40$2.04$1.14$1.34$0.20
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 15, 2025
Return Version
2023v6.0
Gross Receipts
$2,143,989
Mission and Program Overview

Mission

To promote business education for both vocational and non-vocational students and serve as a unifying agency among regional chapters.

To promote business education for students and serve as a unifying agency among regional chapters.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$822,390$849,001▲ $26,611
Cash and Non-Interest-Bearing Accounts$27,804$109,199▲ $81,395
Savings and Temporary Cash Investments$19,025$0▼ $19,025
Inventories for Sale or Use$6,326$17,929▲ $11,603
Land, Buildings, and Equipment, Net$8,316$2,070▼ $6,246
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Intangible Assets$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$883,861$978,199▲ $94,338
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$3,634$3,634→ $0
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$3,634$3,634→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$844,610$938,948▲ $94,338
Net Assets With Donor Restrictions$35,617$35,617→ $0
Total Net Assets Fund Balance$880,227$974,565▲ $94,338
Total Liabilities and Net Assets / Fund Balance$883,861$978,199▲ $94,338

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,070$17,375$19,445

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$35,617---$35,617
2022$35,617---$35,617
2021$33,834$1,783--$35,617
2020$83,834--$50,000$33,834
2019$83,834---$83,834
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Joe McClaryExecutive DirectorFT$160,000$19,154$179,154

Board Members and Trustees

NameTitle
DeLayne HavlovicPast President
Barbara HaglerPresident
Lori HaufPresident Elect
Cheryl WiedmaierBoard Member
Chris Liebelt-GarciaBoard Member
Cindy DurkeeBoard Member
Elizabeth DiamoneBoard Member
Glenith MoncusBoard Member
Pamela BraceyBoard Member
Sherrell WheelerBoard Member
Thomas MaysBoard Member
Dennis KrejciSecretary/Treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Discover Education incEducation Dev.4350 Congress St, Charlotte, NC 28209$1,455,000
Revenue and Support

Revenue Composition

Contributions and Grants
$1,567,442
Program Service Revenue
$509,304
Investment Income
$7,683
Other Revenue
$56,065
All Other Contributions
$67,442
Change in Net Assets
$-44,616
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,837,578
Salaries, Compensation, and Employee Benefits$347,532
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$161,239$17,915-$179,154
Conferences and Meetings$135,161--$135,161
Other Salaries and Wages$115,415$12,824-$128,239
Other Expenses$22,100$14,733-$36,833
Fees for Services Accounting-$24,874-$24,874
Payroll Taxes$20,072$2,230-$22,302
Travel$16,909--$16,909
Insurance$4,701$7,052-$11,753
Other Employee Benefits$10,112$1,125-$11,237
Office Expenses$6,269$3,127-$9,396
Pension Plan Contributions$5,940$660-$6,600
Depreciation Depletion$5,621$625-$6,246
Occupancy$5,420$602-$6,022
Fees for Service Investment Mgmnt Fees-$5,658-$5,658
Fees for Services Legal-$2,750-$2,750
Total Functional Expenses$2,042,119$142,991$0$2,185,110
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Liabilities$3,634
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
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
No
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, SECTION A, LINE 6:

The organization has multiple types of membership including: (a) professional - individual professional members are entitled to the services and all publications of the national association and have the right to vote, hold office, and serve on committees. (b) student - student members are entitled to the services and all publications of the national association. Student members do not have the right to vote. (c) retired professional - any member who has retired from full-time teaching or administration and who has maintained continuous membership for a period of ten years shall be entitled to the services and all publications of the national association and have the right to vote, and serve on committees. (d) life - past-presidents of the national association are presented with a life membership upon the completion of their term as immediate past president of the national association. Life members are entitled to the services and all publications of the national association and have the right to vote, hold office, and serve on committees. (e) associate - libraries and other organizations are classified as associate members. Associate members are entitled to the services and all publications of the national association.

FORM 990, PART VI, SECTION A, LINE 7A:

Professional, retired professional, and life members have the right to vote on matters before the membership as well as elect members of the governing body.

FORM 990, PART VI, SECTION B, LINE 11B:

The organization reviews the 990 internally which is subsequently provided to the governing body.

FORM 990, PART VI, SECTION B, LINE 12C:

Executive director assumes responsibility for monitoring and enforcing compliance with the conflict of interest policy as it applies to the board of directors. Restrictions, if needed, are determined on a case by case basis.

FORM 990, PART VI, SECTION B, LINE 15:

Compensation for the executive director is reviewed and approved by the board of directors. The organization maintains written substantiation of the board's deliberation and decision. This process was last undertaken during fiscal year 2020 in conjunction with the executive director's employment contract. The organization does not have any key employees.

FORM 990, PART VI, SECTION C, LINE 19:

The association makes its governing documents, policies, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
National Business Education Association
EIN
52-0886073
In Care Of
% THE ORGANIZATION
Phone
7038608300
Address
1908 Association Drive Suite B, Reston, VA 20191

Signing Officer

Name
Joe Mcclary
Title
Executive Director
Phone
7038608300
Signed
2025-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joe Mcclary
Formed
1969
Legal Domicile
Dc
Voting Board Members
12
Independent Board Members
12
Employees
3
Volunteers
12

Preparer

Firm
Withumsmithbrown Pc
Address
1835 MARKET STREET SUITE 1710, PHILADELPHIA, PA 19103-2945
Preparer
Brian Page
Phone
2155462140
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINES 2A & 2B:

The audit of the organization's financial statements is in progress and not yet finalized. At the time of this filing, the audit was incomplete and had not been issued. Thus, this return relies on unaduited numbers.

Financial Statement Notes

PART V, LINE 4:

Scholarship fund: contributions provided for scholarships to advance research studies in business education.

Raw XML AppendixShowing 400 of 628 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/PersonNm3Lori Hauf
IRS990/Form990PartVIISectionAGrp/PersonNm4Sherrell Wheeler
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IRS990/Form990PartVIISectionAGrp/PersonNm6Pamela Bracey
IRS990/Form990PartVIISectionAGrp/PersonNm7Barbara Hagler
IRS990/Form990PartVIISectionAGrp/PersonNm8Cindy Durkee
IRS990/Form990PartVIISectionAGrp/PersonNm9Glenith Moncus
IRS990/Form990PartVIISectionAGrp/PersonNm10Dennis Krejci
IRS990/Form990PartVIISectionAGrp/PersonNm11Elizabeth Diamone
IRS990/Form990PartVIISectionAGrp/PersonNm12Cheryl Wiedmaier
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