National Association Of Educational Procurement Inc
NAEP shows consistent financial growth and zero officer compensation, indicating strong fiscal health and transparency.
EIN: 113161518 · Oklahoma City, OK · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.5M |
| Total Expenses | $1.9M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $3,531,632. |
| Net Assets | $1.3M |
| Transparency Score | 90/100 |
Is National Association Of Educational Procurement Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
National Association Of Educational Procurement Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About National Association Of Educational Procurement Inc
National Association Of Educational Procurement Inc (EIN: 113161518) is a nonprofit organization based in Oklahoma City, OK. The organization reported total revenue of $3.5M and total assets of $3.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of National Association Of Educational Procurement Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
National Association Of Educational Procurement Inc is a mid-size nonprofit that has been operating for 32 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.6M |
| Total Expenses | $1.9M |
| Surplus / Deficit | +$684K |
| Total Assets | $2.0M |
| Total Liabilities | $727K |
| Net Assets | $1.3M |
| Operating Margin | 26.1% |
| Debt-to-Asset Ratio | 36.1% |
| Months of Reserves | 12.4 months |
Financial Health Grade: A
In 2023, National Association Of Educational Procurement Inc reported a surplus of $684K with revenue exceeding expenses, holds 12.4 months of operating reserves (strong position), has a debt-to-asset ratio of 36.1% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), National Association Of Educational Procurement Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +21.9% | -3.7% | +89.0% |
| 2022 | +63.5% | +22.3% | -19.2% |
| 2021 | +2.2% | +18.1% | -32.9% |
| 2020 | -33.9% | -29.7% | +11.0% |
| 2019 | -10.8% | +1.5% | -2.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
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 National Association Of Educational Procurement Inc with a Mission Score of 90 out of 100 (Excellent). 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, National Association Of Educational Procurement Inc 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 $684K, with revenue exceeding expenses.
- Debt-to-asset ratio: 36.1%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, which is highly unusual for an organization of its size with latest revenue of $3,531,632. This suggests either a fully volunteer-led executive team or that executive salaries are categorized differently, potentially under program or administrative expenses, though the direct 'Officer Comp' line item is zero.
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 National Association Of Educational Procurement Inc's IRS 990 filings:
- Unusually low or zero reported officer compensation, which may obscure actual executive remuneration if categorized elsewhere.
Strengths
The following positive indicators were identified for National Association Of Educational Procurement Inc:
- Consistent reporting of 0% officer compensation, indicating a strong commitment to mission-focused spending or volunteer leadership.
- Significant asset growth from $1,064,289 in 2022 to $2,011,817 in 2023, demonstrating financial health.
- Positive net income in recent years (e.g., $2,627,401 revenue vs. $1,942,963 expenses in 2023), indicating effective financial management.
Frequently Asked Questions about National Association Of Educational Procurement Inc
Is National Association Of Educational Procurement Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, National Association Of Educational Procurement Inc (EIN: 113161518) some concerns. Mission Score: 90/100. 1 red flag identified, 3 strengths noted.
How does National Association Of Educational Procurement Inc spend its money?
National Association Of Educational Procurement Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to National Association Of Educational Procurement Inc tax-deductible?
National Association Of Educational Procurement Inc is registered as a tax-exempt nonprofit (EIN: 113161518). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the National Association Of Educational Procurement Inc CEO make?
National Association Of Educational Procurement Inc's highest-compensated officer earns $3,531,632. annually. The organization reported $3.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of National Association Of Educational Procurement Inc's spending goes to programs?
National Association Of Educational Procurement Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is National Association Of Educational Procurement Inc located?
National Association Of Educational Procurement Inc is headquartered in Oklahoma City, Oklahoma and files with the IRS under EIN 113161518.
How many years of IRS 990 filings does National Association Of Educational Procurement Inc have?
National Association Of Educational Procurement Inc 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 $3.5M in total revenue.
How does NAEP manage to operate with 0% reported officer compensation?
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization of NAEP's size. This could indicate that executive leadership is entirely volunteer-based, or that compensation for key management personnel is reported under other expense categories, such as program or administrative expenses, rather than directly as 'Officer Compensation'.
What is the primary driver of NAEP's revenue fluctuations?
NAEP's revenue has fluctuated significantly, from a low of $1,289,047 in 2020 to a high of $2,627,401 in 2023. Without detailed program service revenue breakdowns, it's difficult to pinpoint the exact drivers, but as an association, membership dues, conference fees, and educational program revenues are likely key factors, which can be sensitive to economic conditions or changes in member engagement.
Is NAEP financially stable given its asset growth?
Yes, NAEP appears financially stable. Its assets have shown significant growth, particularly from $1,064,289 in 2022 to $2,011,817 in 2023, while liabilities have increased at a slower pace. This indicates a healthy accumulation of net assets and a strong balance sheet.
Filing History
IRS 990 filing history for National Association Of Educational Procurement Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), National Association Of Educational Procurement Inc's revenue has grown by 45.1%, moving from $1.8M to $2.6M. Total assets increased by 57.5% over the same period, from $1.3M to $2.0M. Total functional expenses rose by 12.3%, from $1.7M to $1.9M. In its most recent filing year (2023), National Association Of Educational Procurement Inc reported a surplus of $684K, with revenue exceeding expenses. The organization holds $727K in liabilities against $2.0M in assets (debt-to-asset ratio: 36.1%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.6M | $1.9M | $2.0M | $727K | — | — |
| 2022 | $2.2M | $2.0M | $1.1M | $520K | — | View 990 |
| 2021 | $1.3M | $1.7M | $1.3M | $803K | — | View 990 |
| 2020 | $1.3M | $1.4M | $2.0M | $1.0M | — | — |
| 2019 | $2.0M | $2.0M | $1.8M | $834K | — | View 990 |
| 2018 | $2.2M | $2.0M | $1.8M | $961K | — | View 990 |
| 2017 | $1.9M | $2.1M | $2.0M | $1.2M | — | View 990 |
| 2016 | $2.0M | $2.0M | $1.7M | $782K | — | View 990 |
| 2015 | $2.0M | $2.0M | $1.7M | $862K | — | View 990 |
| 2014 | $2.1M | $1.9M | $1.9M | $889K | — | View 990 |
| 2013 | $1.9M | $1.8M | $1.7M | $904K | — | View 990 |
| 2012 | $1.9M | $1.8M | $1.6M | $1.0M | — | View 990 |
| 2011 | $1.8M | $1.7M | $1.3M | $882K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.6M, expenses of $1.9M, and assets of $2.0M (revenue +21.9% year-over-year).
- 2022: Revenue of $2.2M, expenses of $2.0M, and assets of $1.1M (revenue +63.5% year-over-year).
- 2021: Revenue of $1.3M, expenses of $1.7M, and assets of $1.3M (revenue +2.2% year-over-year).
- 2020: Revenue of $1.3M, expenses of $1.4M, and assets of $2.0M (revenue -33.9% year-over-year).
- 2019: Revenue of $2.0M, expenses of $2.0M, and assets of $1.8M (revenue -10.8% year-over-year).
- 2018: Revenue of $2.2M, expenses of $2.0M, and assets of $1.8M (revenue +18.0% year-over-year).
- 2017: Revenue of $1.9M, expenses of $2.1M, and assets of $2.0M (revenue -8.1% year-over-year).
- 2016: Revenue of $2.0M, expenses of $2.0M, and assets of $1.7M (revenue +1.9% year-over-year).
- 2015: Revenue of $2.0M, expenses of $2.0M, and assets of $1.7M (revenue -6.3% year-over-year).
- 2014: Revenue of $2.1M, expenses of $1.9M, and assets of $1.9M (revenue +8.9% year-over-year).
- 2013: Revenue of $1.9M, expenses of $1.8M, and assets of $1.7M (revenue +2.7% year-over-year).
- 2012: Revenue of $1.9M, expenses of $1.8M, and assets of $1.6M (revenue +4.3% year-over-year).
- 2011: Revenue of $1.8M, expenses of $1.7M, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for National Association Of Educational Procurement Inc:
Data Sources and Methodology
This transparency report for National Association Of Educational Procurement Inc 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.