National Association Of Social Workers Inc
National Association Of Social Workers Inc maintains substantial assets despite minor recent operating deficit.
EIN: 135643515 · Washington, DC · Updated: 2026-03-28
Is National Association Of Social Workers 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 Social Workers Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About National Association Of Social Workers Inc
National Association Of Social Workers Inc (EIN: 135643515) is a nonprofit organization based in Washington, DC. The organization reported total revenue of $38.2M and total assets of $103.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of National Association Of Social Workers Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
National Association Of Social Workers Inc is a large nonprofit that has been operating for 48 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $37.9M |
| Total Expenses | $38.2M |
| Surplus / Deficit | $-269,130 |
| Total Assets | $113.6M |
| Total Liabilities | $32.3M |
| Net Assets | $81.3M |
| Operating Margin | -0.7% |
| Debt-to-Asset Ratio | 28.4% |
| Months of Reserves | 35.7 months |
Financial Health Grade: B
In 2023, National Association Of Social Workers Inc reported a deficit of $269K with expenses exceeding revenue, holds 35.7 months of operating reserves (strong position), has a debt-to-asset ratio of 28.4% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), National Association Of Social Workers Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -8.5% | +8.4% | +20.6% |
| 2022 | +16.7% | +5.8% | -0.5% |
| 2021 | +9.5% | -3.1% | +19.7% |
| 2020 | -6.0% | -9.2% | -2.0% |
| 2019 | -6.7% | -5.2% | -3.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1978 |
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 Social Workers Inc with a Mission Score of 75 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, National Association Of Social Workers Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $269K, with expenses exceeding revenue.
- Debt-to-asset ratio: 28.4%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% for officer compensation, which either indicates that no officers receive compensation or that their compensation is reported under a different category, requiring further scrutiny for a complete understanding of executive pay relative to the organization's multi-million dollar revenue and asset base.
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 Social Workers Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, potentially obscuring executive pay details if compensation exists but is categorized elsewhere.
Strengths
The following positive indicators were identified for National Association Of Social Workers Inc:
- Strong asset base: Assets of $113,605,476 significantly exceed liabilities of $32,284,460 (202306).
- Significant growth: Revenue has grown substantially from approximately $15 million in 2014-2016 to over $37 million in 2023.
- Operational scale: Consistently manages multi-million dollar operations, indicating established infrastructure and reach.
Frequently Asked Questions about National Association Of Social Workers Inc
Is National Association Of Social Workers Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, National Association Of Social Workers Inc (EIN: 135643515) some concerns. Mission Score: 75/100. 1 red flag identified, 3 strengths noted.
How does National Association Of Social Workers Inc spend its money?
National Association Of Social Workers Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to National Association Of Social Workers Inc tax-deductible?
National Association Of Social Workers Inc is registered as a tax-exempt nonprofit (EIN: 135643515). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is National Association Of Social Workers Inc financially stable?
Yes, the organization appears financially stable, with assets of $113,605,476 significantly exceeding liabilities of $32,284,460 in the latest filing (202306), providing a strong financial cushion.
What is the trend in the organization's revenue and expenses?
Revenue and expenses have generally been in the $30-40 million range in recent years (2017-2023), showing a significant increase from the $15-17 million range observed in 2014-2016, indicating substantial growth.
How transparent is National Association Of Social Workers Inc regarding executive compensation?
The filings consistently report 0% for officer compensation, which, while seemingly transparent, could also mean executive compensation is not reported under this specific line item, warranting further investigation for full clarity.
Filing History
IRS 990 filing history for National Association Of Social Workers Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), National Association Of Social Workers Inc's revenue has grown by 106.1%, moving from $18.4M to $37.9M. Total assets increased by 46.2% over the same period, from $77.7M to $113.6M. Total functional expenses rose by 115.6%, from $17.7M to $38.2M. In its most recent filing year (2023), National Association Of Social Workers Inc reported a deficit of $269K, with expenses exceeding revenue. The organization holds $32.3M in liabilities against $113.6M in assets (debt-to-asset ratio: 28.4%), resulting in net assets of $81.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $37.9M | $38.2M | $113.6M | $32.3M | — | — |
| 2022 | $41.4M | $35.2M | $94.2M | $18.6M | — | View 990 |
| 2021 | $35.5M | $33.3M | $94.6M | $22.6M | — | View 990 |
| 2020 | $32.4M | $34.3M | $79.1M | $17.8M | — | — |
| 2019 | $34.5M | $37.8M | $80.7M | $19.1M | — | View 990 |
| 2018 | $36.9M | $39.9M | $83.7M | $21.2M | — | View 990 |
| 2017 | $36.5M | $39.0M | $86.2M | $21.9M | — | View 990 |
| 2016 | $17.7M | $19.2M | $72.2M | $16.8M | — | View 990 |
| 2015 | $15.3M | $18.0M | $73.0M | $15.4M | — | View 990 |
| 2014 | $15.6M | $17.1M | $73.7M | $12.5M | — | View 990 |
| 2013 | $16.6M | $16.9M | $73.2M | $12.8M | — | View 990 |
| 2012 | $17.4M | $16.2M | $77.5M | $16.5M | — | View 990 |
| 2011 | $18.4M | $17.7M | $77.7M | $15.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $37.9M, expenses of $38.2M, and assets of $113.6M (revenue -8.5% year-over-year).
- 2022: Revenue of $41.4M, expenses of $35.2M, and assets of $94.2M (revenue +16.7% year-over-year).
- 2021: Revenue of $35.5M, expenses of $33.3M, and assets of $94.6M (revenue +9.5% year-over-year).
- 2020: Revenue of $32.4M, expenses of $34.3M, and assets of $79.1M (revenue -6.0% year-over-year).
- 2019: Revenue of $34.5M, expenses of $37.8M, and assets of $80.7M (revenue -6.7% year-over-year).
- 2018: Revenue of $36.9M, expenses of $39.9M, and assets of $83.7M (revenue +1.3% year-over-year).
- 2017: Revenue of $36.5M, expenses of $39.0M, and assets of $86.2M (revenue +105.8% year-over-year).
- 2016: Revenue of $17.7M, expenses of $19.2M, and assets of $72.2M (revenue +15.9% year-over-year).
- 2015: Revenue of $15.3M, expenses of $18.0M, and assets of $73.0M (revenue -2.0% year-over-year).
- 2014: Revenue of $15.6M, expenses of $17.1M, and assets of $73.7M (revenue -6.2% year-over-year).
- 2013: Revenue of $16.6M, expenses of $16.9M, and assets of $73.2M (revenue -4.3% year-over-year).
- 2012: Revenue of $17.4M, expenses of $16.2M, and assets of $77.5M (revenue -5.6% year-over-year).
- 2011: Revenue of $18.4M, expenses of $17.7M, and assets of $77.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for National Association Of Social Workers Inc:
Data Sources and Methodology
This transparency report for National Association Of Social Workers 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.