National Association Of Locum Tenens Organizations Nalto
NALTO shows consistent revenue growth and asset accumulation with no reported officer compensation.
EIN: 10630044 · Altamonte Spg, FL · NTEE: S41 · Updated: 2026-03-28
About National Association Of Locum Tenens Organizations Nalto
National Association Of Locum Tenens Organizations Nalto (EIN: 10630044) is a nonprofit organization based in Altamonte Spg, FL, classified under NTEE code S41. The organization reported total revenue of $703K and total assets of $739K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of National Association Of Locum Tenens Organizations Nalto's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates National Association Of Locum Tenens Organizations Nalto 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, National Association Of Locum Tenens Organizations Nalto allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
NALTO consistently reports 0% officer compensation across all available filings, suggesting that its leadership is either entirely volunteer-based or compensated through non-officer categories, which is highly unusual for an organization of its growing size and revenue (latest revenue $589,138).
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 Locum Tenens Organizations Nalto's IRS 990 filings:
- Lack of detailed expense breakdown (program vs. admin vs. fundraising) in summary data makes precise efficiency assessment difficult.
Strengths
The following positive indicators were identified for National Association Of Locum Tenens Organizations Nalto:
- Consistent revenue growth, from $216,520 in 2021 to $589,138 in 2023.
- Healthy asset accumulation, reaching $713,162 in 2023.
- Consistent positive net income (revenue exceeding expenses) in recent years.
- 0% reported officer compensation across all filings, indicating a lean executive cost structure.
- Strong financial stability with assets significantly exceeding liabilities.
Frequently Asked Questions about National Association Of Locum Tenens Organizations Nalto
Is NALTO a good charity?
Based on the provided financial data, NALTO appears to be a financially healthy and well-managed organization. It demonstrates consistent revenue growth, maintains a positive net income, and has significantly increased its assets over time. The reported 0% officer compensation is a notable positive, suggesting a strong commitment to directing funds towards its mission rather than executive salaries.
How has NALTO's revenue changed over time?
NALTO has experienced substantial revenue growth, particularly in recent years. Revenue increased from $216,520 in 2021 to $589,138 in 2023, indicating a strong upward trend in its financial capacity and activities.
What is NALTO's financial stability?
NALTO exhibits strong financial stability. Its assets have consistently grown, reaching $713,162 in 2023, while maintaining a healthy surplus of revenue over expenses. Liabilities are also well-managed relative to assets, indicating a robust financial position.
Filing History
IRS 990 filing history for National Association Of Locum Tenens Organizations Nalto showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), National Association Of Locum Tenens Organizations Nalto's revenue has grown by 299%, moving from $148K to $589K. Total assets increased by 426.6% over the same period, from $135K to $713K. Total functional expenses rose by 175.6%, from $175K to $481K. In its most recent filing year (2023), National Association Of Locum Tenens Organizations Nalto reported a surplus of $108K, with revenue exceeding expenses. The organization holds $318K in liabilities against $713K in assets (debt-to-asset ratio: 44.6%), resulting in net assets of $395K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $589K | $481K | $713K | $318K | — | View 990 |
| 2022 | $456K | $397K | $513K | $225K | — | View 990 |
| 2021 | $217K | $190K | $433K | $205K | — | — |
| 2020 | $255K | $169K | $276K | $74K | — | — |
| 2019 | $299K | $246K | $206K | $90K | — | View 990 |
| 2018 | $285K | $278K | $89K | $26K | — | View 990 |
| 2017 | $229K | $277K | $94K | $37K | — | View 990 |
| 2016 | $209K | $210K | $173K | $69K | — | View 990 |
| 2015 | $210K | $237K | $137K | $32K | — | View 990 |
| 2014 | $197K | $143K | $195K | $62K | — | View 990 |
| 2013 | $148K | $175K | $135K | $56K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $589K, expenses of $481K, and assets of $713K (revenue +29.1% year-over-year).
- 2022: Revenue of $456K, expenses of $397K, and assets of $513K (revenue +110.7% year-over-year).
- 2021: Revenue of $217K, expenses of $190K, and assets of $433K (revenue -15.2% year-over-year).
- 2020: Revenue of $255K, expenses of $169K, and assets of $276K (revenue -14.5% year-over-year).
- 2019: Revenue of $299K, expenses of $246K, and assets of $206K (revenue +5.0% year-over-year).
- 2018: Revenue of $285K, expenses of $278K, and assets of $89K (revenue +24.1% year-over-year).
- 2017: Revenue of $229K, expenses of $277K, and assets of $94K (revenue +9.7% year-over-year).
- 2016: Revenue of $209K, expenses of $210K, and assets of $173K (revenue -0.4% year-over-year).
- 2015: Revenue of $210K, expenses of $237K, and assets of $137K (revenue +6.7% year-over-year).
- 2014: Revenue of $197K, expenses of $143K, and assets of $195K (revenue +33.2% year-over-year).
- 2013: Revenue of $148K, expenses of $175K, and assets of $135K.
Data Sources and Methodology
This transparency report for National Association Of Locum Tenens Organizations Nalto 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.