National Association Of Security Co Inc
National Association Of Security Co Inc maintains stable finances with consistent asset growth and no reported officer compensation.
EIN: 133005663 · Washington, DC · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $747K |
| Total Expenses | $686K |
| Program Spending | 85% |
| Net Assets | $851K |
| Transparency Score | 85/100 |
Is National Association Of Security Co 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 Security Co Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About National Association Of Security Co Inc
National Association Of Security Co Inc (EIN: 133005663) is a nonprofit organization based in Washington, DC. The organization reported total revenue of $747K and total assets of $840K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of National Association Of Security Co Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
National Association Of Security Co Inc is a small nonprofit that has been operating for 44 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $685K |
| Total Expenses | $686K |
| Surplus / Deficit | $-1,116 |
| Total Assets | $899K |
| Total Liabilities | $47K |
| Net Assets | $851K |
| Operating Margin | -0.2% |
| Debt-to-Asset Ratio | 5.3% |
| Months of Reserves | 15.7 months |
Financial Health Grade: B
In 2023, National Association Of Security Co Inc reported a deficit of $1K with expenses exceeding revenue, holds 15.7 months of operating reserves (strong position), has a debt-to-asset ratio of 5.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), National Association Of Security Co Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.4% | +0.5% | -0.4% |
| 2022 | +22.8% | +37.6% | +0.4% |
| 2021 | -15.4% | -10.9% | +4.4% |
| 2020 | +3.4% | -8.9% | +13.8% |
| 2019 | -1.2% | -4.2% | +2.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1982 |
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 Security Co Inc 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: 85%
- fundraising: 5%
According to IRS 990 filings, National Association Of Security Co 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 deficit of $1K, with expenses exceeding revenue.
- Debt-to-asset ratio: 5.3%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership may be entirely volunteer-based or compensated through other means not classified as officer compensation, which is highly unusual for an organization of this size and suggests a very lean operational structure.
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 Security Co Inc's IRS 990 filings:
- Lack of detailed functional expense breakdown (program, admin, fundraising) in provided data, limiting full spending efficiency analysis.
- Unusually consistent 0% officer compensation, which while positive, could warrant further inquiry into how leadership is supported or structured.
Strengths
The following positive indicators were identified for National Association Of Security Co Inc:
- Consistent asset growth, from $539,794 in 2014 to $898,698 in 2023, indicating financial stability.
- Very low liabilities, with a maximum of $50,917 in 2022, suggesting minimal debt and strong financial health.
- No reported officer compensation across all filings, potentially indicating a highly efficient, volunteer-led, or lean executive structure.
- Revenue generally tracks expenses closely, demonstrating responsible financial management and avoiding significant deficits.
- Consistent filing of IRS Form 990s, indicating good regulatory compliance and transparency.
Frequently Asked Questions about National Association Of Security Co Inc
Is National Association Of Security Co Inc a legitimate charity?
National Association Of Security Co Inc (EIN: 133005663) 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: $747K. 2 red flags identified. 5 strengths noted. Financial health grade: B.
How does National Association Of Security Co Inc spend its money?
National Association Of Security Co Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to National Association Of Security Co Inc tax-deductible?
National Association Of Security Co Inc is registered as a tax-exempt nonprofit (EIN: 133005663). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of National Association Of Security Co Inc's spending goes to programs?
National Association Of Security Co Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is National Association Of Security Co Inc located?
National Association Of Security Co Inc is headquartered in Washington, Washington DC and files with the IRS under EIN 133005663.
How many years of IRS 990 filings does National Association Of Security Co Inc have?
National Association Of Security Co 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 $747K in total revenue.
Is National Association Of Security Co Inc a good charity?
Based on the available data, the organization appears to be financially stable with consistent asset growth and very low liabilities. The absence of reported officer compensation suggests a highly efficient or volunteer-driven leadership model. However, without detailed functional expense breakdowns, it's challenging to fully assess program efficiency.
How does the organization manage to operate without officer compensation?
The consistent reporting of 0% officer compensation across all filings suggests that the organization's leadership may be entirely volunteer-based, or that compensation is structured in a way that does not fall under the 'officer compensation' category on the 990 form. This is a significant indicator of potential operational efficiency.
What is the trend in the organization's assets and liabilities?
Assets have shown a consistent upward trend, growing from $539,794 in 2014 to $898,698 in 2023. Liabilities have remained very low, ranging from $0 to $50,917, indicating a strong financial position with minimal debt.
Filing History
IRS 990 filing history for National Association Of Security Co Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), National Association Of Security Co Inc's revenue has grown by 58.4%, moving from $432K to $685K. Total assets increased by 214.5% over the same period, from $286K to $899K. Total functional expenses rose by 45.7%, from $471K to $686K. In its most recent filing year (2023), National Association Of Security Co Inc reported a deficit of $1K, with expenses exceeding revenue. The organization holds $47K in liabilities against $899K in assets (debt-to-asset ratio: 5.3%), resulting in net assets of $851K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $685K | $686K | $899K | $47K | — | — |
| 2022 | $675K | $682K | $902K | $51K | — | — |
| 2021 | $550K | $496K | $899K | $345 | — | View 990 |
| 2020 | $650K | $556K | $861K | $10K | — | — |
| 2019 | $629K | $611K | $756K | $-155 | — | View 990 |
| 2018 | $637K | $637K | $740K | $2K | — | View 990 |
| 2017 | $591K | $568K | $741K | $2K | — | View 990 |
| 2016 | $584K | $530K | $725K | $8K | — | View 990 |
| 2015 | $587K | $464K | $666K | $3K | — | View 990 |
| 2014 | $471K | $384K | $540K | $0 | — | View 990 |
| 2013 | $491K | $375K | $453K | $0 | — | View 990 |
| 2012 | $410K | $357K | $337K | $0 | — | View 990 |
| 2011 | $432K | $471K | $286K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $685K, expenses of $686K, and assets of $899K (revenue +1.4% year-over-year).
- 2022: Revenue of $675K, expenses of $682K, and assets of $902K (revenue +22.8% year-over-year).
- 2021: Revenue of $550K, expenses of $496K, and assets of $899K (revenue -15.4% year-over-year).
- 2020: Revenue of $650K, expenses of $556K, and assets of $861K (revenue +3.4% year-over-year).
- 2019: Revenue of $629K, expenses of $611K, and assets of $756K (revenue -1.2% year-over-year).
- 2018: Revenue of $637K, expenses of $637K, and assets of $740K (revenue +7.8% year-over-year).
- 2017: Revenue of $591K, expenses of $568K, and assets of $741K (revenue +1.2% year-over-year).
- 2016: Revenue of $584K, expenses of $530K, and assets of $725K (revenue -0.6% year-over-year).
- 2015: Revenue of $587K, expenses of $464K, and assets of $666K (revenue +24.6% year-over-year).
- 2014: Revenue of $471K, expenses of $384K, and assets of $540K (revenue -4.0% year-over-year).
- 2013: Revenue of $491K, expenses of $375K, and assets of $453K (revenue +19.8% year-over-year).
- 2012: Revenue of $410K, expenses of $357K, and assets of $337K (revenue -5.2% year-over-year).
- 2011: Revenue of $432K, expenses of $471K, and assets of $286K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for National Association Of Security Co Inc:
Data Sources and Methodology
This transparency report for National Association Of Security Co 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.