Civic Intelligence

Nami Scholarship Foundation

EIN 94-3192729 • 501(c)3 • Washington, DC

Pub. 78 Eligible

Profile

NAMI Scholarship Foundation awards scholarships to college students majoring in Meat Science, Food Science and Culinary Science

1150 Connecticut Ave NWWashington, DC 20036

n/A

Siviq Scores

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

Liabilities / Assets

18th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

19th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

1st percentile

-353%

Higher net margin than 1% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

52nd percentile

4.8%

Faster asset growth than 52% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

2nd percentile

-71%

Faster revenue growth than 2% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets18th percentile

Assets

Down

$0

Down $1,052,571 (-100%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$0

Down $1,052,571 (-100%) from 2023

Operations
Liabilities / Revenue19th percentileNet Margin1st percentile

Revenue

Down

$3,884

Down $13,487 (-78%) from 2023

Expenses

Up

$146,380

Up $67,704 (+86%) from 2023

Net Income

Down

-$142,496

Down $81,191 (-132%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth52nd percentile

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

$1.5M$1.0M$500K$0Assets 2011: $395,636Liabilities 2011: $02011Assets 2012: $395,877Liabilities 2012: $02012Assets 2013: $483,957Liabilities 2013: $02013Assets 2014: $542,643Liabilities 2014: $0Net Assets 2014: $542,6432014Assets 2015: $591,182Liabilities 2015: $0Net Assets 2015: $591,1822015Assets 2016: $600,859Liabilities 2016: $0Net Assets 2016: $600,8592016Assets 2017: $698,833Liabilities 2017: $0Net Assets 2017: $698,8332017Assets 2018: $808,766Liabilities 2018: $0Net Assets 2018: $808,7662018Assets 2019: $869,653Liabilities 2019: $0Net Assets 2019: $869,6532019Assets 2020: $936,335Liabilities 2020: $0Net Assets 2020: $936,3352020Assets 2021: $1,205,024Liabilities 2021: $0Net Assets 2021: $1,205,0242021Assets 2022: $1,004,483Liabilities 2022: $0Net Assets 2022: $1,004,4832022Assets 2023: $1,052,571Liabilities 2023: $0Net Assets 2023: $1,052,5712023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2024

Assets$0
Liabilities$0
Net Assets$0
Open 2024 Filing

Operations Trend

Revenue Growth2nd percentile

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

$400K$200K$0-$200KRevenue 2011: $40,696Expenses 2011: $19,122Net Income 2011: $21,5742011Revenue 2012: $14,823Expenses 2012: $27,505Net Income 2012: -$12,6822012Revenue 2013: $73,832Expenses 2013: $22,460Net Income 2013: $51,3722013Revenue 2014: $12,677Expenses 2014: $16,016Net Income 2014: -$3,3392014Revenue 2015: $56,945Expenses 2015: $28,059Net Income 2015: $28,8862015Revenue 2016: $40,186Expenses 2016: $27,706Net Income 2016: $12,4802016Revenue 2017: $87,384Expenses 2017: $39,248Net Income 2017: $48,1362017Revenue 2018: $233,155Expenses 2018: $123,222Net Income 2018: $109,9332018Revenue 2019: $186,777Expenses 2019: $125,890Net Income 2019: $60,8872019Revenue 2020: $205,901Expenses 2020: $139,220Net Income 2020: $66,6812020Revenue 2021: $382,776Expenses 2021: $114,087Net Income 2021: $268,6892021Revenue 2022: $60,231Expenses 2022: $103,457Net Income 2022: -$43,2262022Revenue 2023: $17,371Expenses 2023: $78,676Net Income 2023: -$61,3052023Revenue 2024: $3,884Expenses 2024: $146,380Net Income 2024: -$142,4962024

Highlighted filing

2024

Revenue$3,884
Expenses$146,380
Net Income-$142,496
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$3,884
Expenses
$146,380
Net income
-$142,496
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.15$0.14
2023Detailed filing. Detailed filing data is available for this year.$1.05$0.00$1.05$0.02$0.08$0.06
2022Detailed filing. Detailed filing data is available for this year.$1.00$0.00$1.00$0.06$0.10$0.04
2021Detailed filing. Detailed filing data is available for this year.$1.21$0.00$1.21$0.38$0.11$0.27
2020Detailed filing. Detailed filing data is available for this year.$0.94$0.00$0.94$0.21$0.14$0.07
2019Detailed filing. Detailed filing data is available for this year.$0.87$0.00$0.87$0.19$0.13$0.06
2018Detailed filing. Detailed filing data is available for this year.$0.81$0.00$0.81$0.23$0.12$0.11
2017Summary only. Only limited summary data is available for this year.$0.70$0.00$0.70$0.09$0.04$0.05
2016Summary only. Only limited summary data is available for this year.$0.60$0.00$0.60$0.04$0.03$0.01
2015Summary only. Only limited summary data is available for this year.$0.59$0.00$0.59$0.06$0.03$0.03
2014Summary only. Only limited summary data is available for this year.$0.54$0.00$0.54$0.01$0.02$0.00
2013Summary only. Only limited summary data is available for this year.$0.48$0.00$0.07$0.02$0.05
2012Summary only. Only limited summary data is available for this year.$0.40$0.00$0.01$0.03$0.01
2011Summary only. Only limited summary data is available for this year.$0.40$0.00$0.04$0.02$0.02
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Apr 30, 2024
Signed
Apr 6, 2024
Return Version
2023v5.0
Gross Receipts
$3,884
Mission and Program Overview

Mission

NAMI Scholarship Foundation awards scholarships to college students majoring in Meat Science, Food Science and Culinary Science

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,052,571$0▼ $1,052,571
Investments in Publicly Traded Securities$993,488$0▼ $993,488
Pledges and Grants Receivable$30,200$0▼ $30,200
Savings and Temporary Cash Investments$28,883$0▼ $28,883
Total Assets$1,052,571$0▼ $1,052,571
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,052,571$0▼ $1,052,571
Total Liabilities and Net Assets / Fund Balance$1,052,571$0▼ $1,052,571

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$1,052,571$2,500▲ $56,664$26,380$965,355
2022$1,004,483$14,550▲ $112,214$1,176$1,052,571
2021$1,205,024$26,950▼ $156,295$1,196$1,004,483
2020$936,335$60,500▲ $259,375$1,186$1,205,024
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Al AlmanzaChairman of the Board
Susan BackusPresident
Kirby Childs PhDVice Chairman of the Board
Brad HamiltonDirector
Christopher J JenkinsDirector
Don SchnabelDirector
Donald ThomasDirector
Edwin BoteroDirector
Jonathan AmidelDirector
Kevin SheehanDirector
Louis EniDirector
Meredith HealanDirector
Scott RichDirector
Shane MacKenzieDirector
Steven MaxeyDirector
Suzanne Strassburger ReidyDirector
Mark DoppSecretary/Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,500
Program Service Revenue
$0
Investment Income
$1,384
Other Revenue
$0
All Other Contributions
$2,500
Change in Net Assets
$-142,496
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$120,000
Other Expenses$26,380
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$120,000--$120,000
Other Expenses$0$680$0$680
Total Functional Expenses$145,700$680$0$146,380
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Nami Scholarship Foundation
EIN
94-3192729
Phone
2025874200
Address
1150 CONNECTICUT AVE NW, WASHINGTON, DC 20036

Signing Officer

Name
Susan Backus
Title
President
Phone
2025874200
Signed
2024-04-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Susan Backus
Formed
1995
Legal Domicile
Dc
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Firm
Grigsby Finance and Tax Services
Address
8050 Hansom Drive, Oakland, CA 94605
Preparer
Mittie Grigsby
Phone
5106384878
Supplemental Narrative

Additional Explanations

Pt VI, Line 8B

“The Foundation Has No Committees”

Pt VI, Line 11B

“The President Reviews 990 Forms with Officers and Directors”

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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/OtherRevenueMiscGrp/Desc0OH Contribution
IRS990/OtherRevenueMiscGrp/ExclusionAmt00
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt00
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt00
IRS990/OtherRevenueTotalAmt00
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt030200
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0Susan Backus
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt014550
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt077500
IRS990/PYInvestmentIncomeAmt02821
IRS990/PYOtherExpensesAmt01176
IRS990/PYOtherRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-61305
IRS990/PYTotalExpensesAmt078676
IRS990/PYTotalRevenueAmt017371
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-142496
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt03884
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01052571
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt028883
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt03884
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt014550
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt026950
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt060500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt072850
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0178734
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01384
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt02821
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01020
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt08313
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01187
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt014725
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.92390
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.91660
IRS990ScheduleA/PublicSupportTotal170Amt0178734
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt03884
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt014550
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt026950
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt060500
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt072850
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0178734
IRS990ScheduleA/TotalSupportAmt0193459
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt01052571
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt02500
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0965355
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt0120000
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt056664
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt026380
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt01004483
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt014550
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt01052571
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt077500
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0112214
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt01176
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt01205024
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt026950
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt01004483
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt070000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-156295
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt01196
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0936335
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt060500
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt01205024
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt050000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0259375
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt01186
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0true
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0120000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Scholarship Awards
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt023
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleN/AssetsDistributedInd0true
IRS990ScheduleN/AttorneyGeneralNotifiedInd0true
IRS990ScheduleN/BondsOutstandingInd0false
IRS990ScheduleN/DirectorOfSuccessorInd0false
IRS990ScheduleN/EmployeeOfSuccessorInd0false
IRS990ScheduleN/LiabilitiesPaidInd0false
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0Investment Portfolio
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02024-04-30
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt0982177
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt0501(c)(3)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0FVM
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/PersonNm0Foundation of Meat and Poultry Res
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt01150 Connecticut Ave NW
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0Washington
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd0DC
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd020036
IRS990ScheduleN/OwnerOfSuccessorInd0false
IRS990ScheduleN/ReceiveCompensationInd0false
IRS990ScheduleN/RequiredToNotifyAGInd0true
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Foundation Has No Committees
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The President Reviews 990 Forms with Officers and Directors
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0true
IRS990/TotalAssetsBOYAmt01052571
IRS990/TotalAssetsEOYAmt00
IRS990/TotalAssetsGrp/BOYAmt01052571
IRS990/TotalAssetsGrp/EOYAmt00
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt02500
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0680
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0145700
IRS990/TotalFunctionalExpensesGrp/TotalAmt0146380
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01052571
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt00

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