National Association Of Investment Cos
NAIC: Strong Financial Growth, Program Focus, and Transparency
EIN: 222072345 · Washington, DC · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $5.9M |
| Total Expenses | $5.4M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $239,816, |
| Net Assets | $4.6M |
| Transparency Score | 85/100 |
Is National Association Of Investment Cos Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
National Association Of Investment Cos directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About National Association Of Investment Cos
National Association Of Investment Cos (EIN: 222072345) is a nonprofit organization based in Washington, DC. The organization reported total revenue of $5.9M and total assets of $5.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of National Association Of Investment Cos's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
National Association Of Investment Cos is a mid-size nonprofit that has been operating for 53 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 17.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.0M |
| Total Expenses | $5.4M |
| Surplus / Deficit | +$584K |
| Total Assets | $4.9M |
| Total Liabilities | $240K |
| Net Assets | $4.6M |
| Operating Margin | 9.8% |
| Debt-to-Asset Ratio | 4.9% |
| Months of Reserves | 10.8 months |
Financial Health Grade: A
In 2023, National Association Of Investment Cos reported a surplus of $584K with revenue exceeding expenses, holds 10.8 months of operating reserves (strong position), has a debt-to-asset ratio of 4.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), National Association Of Investment Cos's revenue has grown at a compound annual growth rate (CAGR) of 17.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.9% | +25.0% | +19.2% |
| 2022 | +18.3% | +19.4% | +24.8% |
| 2021 | +7.1% | +5.0% | +33.6% |
| 2020 | +30.8% | +23.1% | +40.4% |
| 2019 | +38.9% | +43.4% | +28.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1973 |
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 Investment Cos with a Mission Score of 85 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: 80%
- fundraising: 10%
According to IRS 990 filings, National Association Of Investment Cos allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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 $584K, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.9%.
Executive Compensation Analysis
Executive compensation appears reasonable given the organization's size and growth, with the highest reported compensation in 2023 being $239,816, which is a modest portion of total expenses.
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.
Strengths
The following positive indicators were identified for National Association Of Investment Cos:
- Consistent revenue growth over the past several years, from $1,995,646 in 2017 to $5,960,816 in 2023.
- Strong program spending, with approximately 80% of expenses dedicated to programs.
- Healthy asset growth, indicating good financial management and sustainability.
- Low fundraising costs, suggesting efficient donor acquisition and retention.
Frequently Asked Questions about National Association Of Investment Cos
Is National Association Of Investment Cos a legitimate charity?
National Association Of Investment Cos (EIN: 222072345) is a registered tax-exempt nonprofit based in Washington DC. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $5.9M. No red flags identified. 4 strengths noted. Financial health grade: A.
How does National Association Of Investment Cos spend its money?
National Association Of Investment Cos directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to National Association Of Investment Cos tax-deductible?
National Association Of Investment Cos is registered as a tax-exempt nonprofit (EIN: 222072345). 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 Investment Cos CEO make?
National Association Of Investment Cos's highest-compensated officer earns $239,816, annually. The organization reported $5.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of National Association Of Investment Cos's spending goes to programs?
National Association Of Investment Cos directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is National Association Of Investment Cos located?
National Association Of Investment Cos is headquartered in Washington, Washington DC and files with the IRS under EIN 222072345.
How many years of IRS 990 filings does National Association Of Investment Cos have?
National Association Of Investment Cos 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 $5.9M in total revenue.
What does National Association Of Investment Cos do?
National Association Of Investment Cos 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 National Association Of Investment Cos have?
National Association Of Investment Cos reported total revenue of $5,917,717. Based on 13 IRS 990 filings on record.
What are National Association Of Investment Cos's total assets?
National Association Of Investment Cos holds total assets of $5,070,961 as reported in IRS 990 filings.
Where is National Association Of Investment Cos located?
National Association Of Investment Cos is based in Washington, District of Columbia.
What is National Association Of Investment Cos's EIN?
National Association Of Investment Cos's Employer Identification Number (EIN) is 222072345. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is National Association Of Investment Cos?
National Association Of Investment Cos is classified under NTEE code Unknown (Unknown).
Is National Association Of Investment Cos a registered 501(c)(3)?
National Association Of Investment Cos appears in IRS records (EIN: 222072345). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does National Association Of Investment Cos file IRS Form 990?
Yes, National Association Of Investment Cos has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was National Association Of Investment Cos's revenue in 2023?
In the 202312 filing period, National Association Of Investment Cos reported total revenue of $5,960,816, total expenses of $5,376,951, and net assets of $4,858,506.
Is National Association Of Investment Cos's revenue growing or declining?
National Association Of Investment Cos's revenue is growing. Revenue went from $5,187,229 (202212) to $5,960,816 (202312), a +14.9% change. Based on 13 filings on record.
What is National Association Of Investment Cos's most recent 990 filing?
The most recent IRS Form 990 filing for National Association Of Investment Cos covers tax period 202312. It shows revenue of $5,960,816, expenses of $5,376,951, total assets of $4,858,506, and liabilities of $239,816.
How much does National Association Of Investment Cos spend on programs vs administration?
Based on IRS 990 analysis, National Association Of Investment Cos allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is National Association Of Investment Cos a trustworthy charity?
Based on AI analysis of IRS 990 data, National Association Of Investment Cos appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 4 strengths noted.
What are National Association Of Investment Cos's strengths?
Positive indicators for National Association Of Investment Cos include: Consistent revenue growth over the past several years, from $1,995,646 in 2017 to $5,960,816 in 2023.. Strong program spending, with approximately 80% of expenses dedicated to programs.. Healthy asset growth, indicating good financial management and sustainability.. Low fundraising costs, suggesting efficient donor acquisition and retention.. These findings are derived from AI analysis of the organization's financial filings.
How does National Association Of Investment Cos compensate executives?
Executive compensation appears reasonable given the organization's size and growth, with the highest reported compensation in 2023 being $239,816, which is a modest portion of total expenses. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How has NAIC managed to achieve such consistent and significant revenue growth year-over-year?
NAIC's consistent revenue growth, nearly tripling from 2017 to 2023, suggests successful strategic initiatives, potentially including expanded membership, new program offerings, or effective advocacy efforts within the investment community.
What specific programs or initiatives are driving the high percentage of program spending?
While the data indicates a high percentage of program spending (around 80%), further investigation into NAIC's specific programs, such as educational initiatives, networking events, or policy advocacy, would be necessary to understand the impact of these expenditures.
Filing History
IRS 990 filing history for National Association Of Investment Cos showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), National Association Of Investment Cos's revenue has grown by 624.4%, moving from $823K to $6.0M. Total assets increased by 2327.9% over the same period, from $200K to $4.9M. Total functional expenses rose by 458.4%, from $963K to $5.4M. In its most recent filing year (2023), National Association Of Investment Cos reported a surplus of $584K, with revenue exceeding expenses. The organization holds $240K in liabilities against $4.9M in assets (debt-to-asset ratio: 4.9%), resulting in net assets of $4.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.0M | $5.4M | $4.9M | $240K | — | — |
| 2022 | $5.2M | $4.3M | $4.1M | $166K | — | View 990 |
| 2021 | $4.4M | $3.6M | $3.3M | $140K | — | View 990 |
| 2020 | $4.1M | $3.4M | $2.4M | $114K | — | — |
| 2019 | $3.1M | $2.8M | $1.7M | $75K | — | View 990 |
| 2018 | $2.3M | $1.9M | $1.4M | $30K | — | View 990 |
| 2017 | $2.0M | $1.9M | $1.1M | $42K | — | View 990 |
| 2016 | $2.0M | $1.7M | $973K | $41K | — | View 990 |
| 2015 | $1.9M | $1.7M | $665K | $47K | — | View 990 |
| 2014 | $1.3M | $1.0M | $560K | $119K | — | View 990 |
| 2013 | $1.1M | $798K | $297K | $148K | — | View 990 |
| 2012 | $1.1M | $1.3M | $224K | $333K | — | View 990 |
| 2011 | $823K | $963K | $200K | $72K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.0M, expenses of $5.4M, and assets of $4.9M (revenue +14.9% year-over-year).
- 2022: Revenue of $5.2M, expenses of $4.3M, and assets of $4.1M (revenue +18.3% year-over-year).
- 2021: Revenue of $4.4M, expenses of $3.6M, and assets of $3.3M (revenue +7.1% year-over-year).
- 2020: Revenue of $4.1M, expenses of $3.4M, and assets of $2.4M (revenue +30.8% year-over-year).
- 2019: Revenue of $3.1M, expenses of $2.8M, and assets of $1.7M (revenue +38.9% year-over-year).
- 2018: Revenue of $2.3M, expenses of $1.9M, and assets of $1.4M (revenue +12.9% year-over-year).
- 2017: Revenue of $2.0M, expenses of $1.9M, and assets of $1.1M (revenue +0.0% year-over-year).
- 2016: Revenue of $2.0M, expenses of $1.7M, and assets of $973K (revenue +5.5% year-over-year).
- 2015: Revenue of $1.9M, expenses of $1.7M, and assets of $665K (revenue +42.8% year-over-year).
- 2014: Revenue of $1.3M, expenses of $1.0M, and assets of $560K (revenue +25.5% year-over-year).
- 2013: Revenue of $1.1M, expenses of $798K, and assets of $297K (revenue -0.7% year-over-year).
- 2012: Revenue of $1.1M, expenses of $1.3M, and assets of $224K (revenue +29.2% year-over-year).
- 2011: Revenue of $823K, expenses of $963K, and assets of $200K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for National Association Of Investment Cos:
Data Sources and Methodology
This transparency report for National Association Of Investment Cos 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.