Nasf Foundation
Nasf Foundation: Consistent Revenue, Fluctuating Expenses, and No Compensation Reported
EIN: 221800571 · Washington, DC · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $558K |
| Total Expenses | $534K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $1.9M |
| Transparency Score | 65/100 |
Is Nasf Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Nasf Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Nasf Foundation
Nasf Foundation (EIN: 221800571) is a nonprofit organization based in Washington, DC. The organization reported total revenue of $558K and total assets of $2.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nasf Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nasf Foundation is a small nonprofit that has been operating for 62 years, with 13 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 7.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $584K |
| Total Expenses | $534K |
| Surplus / Deficit | +$50K |
| Total Assets | $1.9M |
| Total Liabilities | $4K |
| Net Assets | $1.9M |
| Operating Margin | 8.6% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 43.8 months |
Financial Health Grade: A
In 2023, Nasf Foundation reported a surplus of $50K with revenue exceeding expenses, holds 43.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 13 years of filings (2010–2023), Nasf Foundation's revenue has grown at a compound annual growth rate (CAGR) of 7.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.1% | +4.2% | +9.6% |
| 2022 | -5.0% | -19.1% | -10.0% |
| 2021 | +45.9% | +32.5% | +9.3% |
| 2020 | -44.1% | -21.3% | +0.8% |
| 2019 | +6.6% | -0.9% | +14.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1964 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Nasf Foundation with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Nasf Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $50K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.2%.
Executive Compensation Analysis
The Nasf Foundation consistently reports $0 in compensation across all available filings (2016-2023), which is highly unusual for an organization with annual revenues exceeding $500,000 and expenses often above $500,000, suggesting potential undisclosed compensation or an entirely volunteer-run mode
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Nasf Foundation's IRS 990 filings:
- Consistent reporting of 0% compensation across all years (2016-2023) despite significant financial activity, raising questions about how leadership is compensated or if services are entirely pro-bono without clear disclosure.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data makes it difficult to fully assess financial efficiency and resource allocation.
Strengths
The following positive indicators were identified for Nasf Foundation:
- Consistent revenue generation, generally above $500,000 annually, indicating stable donor support or funding streams.
- Assets consistently exceed liabilities, demonstrating financial stability and a healthy balance sheet.
- Low liabilities, with the lowest reported at $4,158 in 2023, suggesting good financial management and minimal debt.
Frequently Asked Questions about Nasf Foundation
Is Nasf Foundation a legitimate charity?
Nasf Foundation (EIN: 221800571) is a registered tax-exempt nonprofit based in Washington DC. Our AI analysis gives it a Mission Score of 65/100. It has 13 years of IRS 990 filings on record. Total revenue: $558K. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Nasf Foundation spend its money?
Nasf Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Nasf Foundation tax-deductible?
Nasf Foundation is registered as a tax-exempt nonprofit (EIN: 221800571). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Nasf Foundation CEO make?
Nasf Foundation's highest-compensated officer earns $0 annually. The organization reported $558K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Nasf Foundation's spending goes to programs?
Nasf Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Nasf Foundation located?
Nasf Foundation is headquartered in Washington, Washington DC and files with the IRS under EIN 221800571.
How many years of IRS 990 filings does Nasf Foundation have?
Nasf Foundation has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $558K in total revenue.
What does Nasf Foundation do?
Nasf Foundation is a nonprofit organization in the Unknown sector, located in Washington, District of Columbia. It is classified under NTEE code Unknown.
How much revenue does Nasf Foundation have?
Nasf Foundation reported total revenue of $557,719. Based on 13 IRS 990 filings on record.
What are Nasf Foundation's total assets?
Nasf Foundation holds total assets of $2,091,217 as reported in IRS 990 filings.
Where is Nasf Foundation located?
Nasf Foundation is based in Washington, District of Columbia.
What is Nasf Foundation's EIN?
Nasf Foundation's Employer Identification Number (EIN) is 221800571. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Nasf Foundation?
Nasf Foundation is classified under NTEE code Unknown (Unknown).
Is Nasf Foundation a registered 501(c)(3)?
Nasf Foundation appears in IRS records (EIN: 221800571). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Nasf Foundation file IRS Form 990?
Yes, Nasf Foundation has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Nasf Foundation's revenue in 2023?
In the 202312 filing period, Nasf Foundation reported total revenue of $583,998, total expenses of $533,811, and net assets of $1,949,925.
Is Nasf Foundation's revenue growing or declining?
Nasf Foundation's revenue is growing. Revenue went from $530,487 (202212) to $583,998 (202312), a +10.1% change. Based on 13 filings on record.
What is Nasf Foundation's most recent 990 filing?
The most recent IRS Form 990 filing for Nasf Foundation covers tax period 202312. It shows revenue of $583,998, expenses of $533,811, total assets of $1,949,925, and liabilities of $4,158.
How much does Nasf Foundation spend on programs vs administration?
Based on IRS 990 analysis, Nasf Foundation allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Nasf Foundation a trustworthy charity?
Based on AI analysis of IRS 990 data, Nasf Foundation shows mixed signals. Mission Score: 65/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Nasf Foundation?
The following concerns were identified: Consistent reporting of 0% compensation across all years (2016-2023) despite significant financial activity, raising questions about how leadership is compensated or if services are entirely pro-bono without clear disclosure.. Lack of detailed expense breakdown (program, admin, fundraising) in the provided data makes it difficult to fully assess financial efficiency and resource allocation.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Nasf Foundation's strengths?
Positive indicators for Nasf Foundation include: Consistent revenue generation, generally above $500,000 annually, indicating stable donor support or funding streams.. Assets consistently exceed liabilities, demonstrating financial stability and a healthy balance sheet.. Low liabilities, with the lowest reported at $4,158 in 2023, suggesting good financial management and minimal debt.. These findings are derived from AI analysis of the organization's financial filings.
How does Nasf Foundation compensate executives?
The Nasf Foundation consistently reports $0 in compensation across all available filings (2016-2023), which is highly unusual for an organization with annual revenues exceeding $500,000 and expenses often above $500,000, suggesting potential undisclosed compensation or an entirely volunteer-run mode Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Nasf Foundation?
- The organization consistently reports 0% compensation across all available filings, which is unusual for an entity with significant revenue and expenses. - Detailed breakdowns of program, administrative, and fundraising expenses are not readily available in the provided data, making a precise spending breakdown difficult. - The 'l' field, representing liabilities, shows fluctuations but no clear trend, ranging from $4,158 in 2023 to $118,028 in 2017. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
Given the consistent reporting of $0 compensation, how does the Nasf Foundation attract and retain the necessary talent to manage its operations and programs, especially with annual expenses often exceeding $500,000?
The consistent reporting of $0 compensation suggests either an entirely volunteer-run model, which would be exceptional for an organization of this size, or that compensation is being reported under a different category or through an affiliated entity not immediately apparent in the provided data. Without further detail, it's difficult to ascertain the sustainability of this model for attracting and retaining skilled personnel.
Filing History
IRS 990 filing history for Nasf Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2010–2023), Nasf Foundation's revenue has grown by 152.7%, moving from $231K to $584K. Total assets increased by 109.3% over the same period, from $932K to $1.9M. Total functional expenses rose by 134.5%, from $228K to $534K. In its most recent filing year (2023), Nasf Foundation reported a surplus of $50K, with revenue exceeding expenses. The organization holds $4K in liabilities against $1.9M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $1.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $584K | $534K | $1.9M | $4K | — | — |
| 2022 | $530K | $512K | $1.8M | $92K | — | View 990 |
| 2021 | $559K | $633K | $2.0M | $75K | — | View 990 |
| 2020 | $383K | $478K | $1.8M | $39K | — | — |
| 2019 | $685K | $607K | $1.8M | $26K | — | View 990 |
| 2018 | $643K | $613K | $1.6M | $53K | — | View 990 |
| 2017 | $650K | $636K | $1.7M | $118K | — | View 990 |
| 2016 | $606K | $760K | $1.6M | $86K | — | View 990 |
| 2015 | $554K | $499K | $1.6M | $75K | — | View 990 |
| 2014 | $442K | $397K | $1.5M | $17K | — | View 990 |
| 2013 | $493K | $364K | $1.5M | $29K | — | View 990 |
| 2012 | $364K | $289K | $1.2M | $8K | — | View 990 |
| 2010 | $231K | $228K | $932K | $19K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $584K, expenses of $534K, and assets of $1.9M (revenue +10.1% year-over-year).
- 2022: Revenue of $530K, expenses of $512K, and assets of $1.8M (revenue -5.0% year-over-year).
- 2021: Revenue of $559K, expenses of $633K, and assets of $2.0M (revenue +45.9% year-over-year).
- 2020: Revenue of $383K, expenses of $478K, and assets of $1.8M (revenue -44.1% year-over-year).
- 2019: Revenue of $685K, expenses of $607K, and assets of $1.8M (revenue +6.6% year-over-year).
- 2018: Revenue of $643K, expenses of $613K, and assets of $1.6M (revenue -1.0% year-over-year).
- 2017: Revenue of $650K, expenses of $636K, and assets of $1.7M (revenue +7.2% year-over-year).
- 2016: Revenue of $606K, expenses of $760K, and assets of $1.6M (revenue +9.3% year-over-year).
- 2015: Revenue of $554K, expenses of $499K, and assets of $1.6M (revenue +25.4% year-over-year).
- 2014: Revenue of $442K, expenses of $397K, and assets of $1.5M (revenue -10.3% year-over-year).
- 2013: Revenue of $493K, expenses of $364K, and assets of $1.5M (revenue +35.4% year-over-year).
- 2012: Revenue of $364K, expenses of $289K, and assets of $1.2M (revenue +57.5% year-over-year).
- 2010: Revenue of $231K, expenses of $228K, and assets of $932K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nasf Foundation:
Data Sources and Methodology
This transparency report for Nasf Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.