Nursing Education Alumni Association Inc
Nursing Education Alumni Association Inc. shows consistent volunteer-driven operations but faces a decade-long trend of declining assets due to expenses often exceeding revenue.
EIN: 133994898 · Old Greenwich, CT · NTEE: B84Z · Updated: 2026-03-28
Is Nursing Education Alumni Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Nursing Education Alumni Association Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Nursing Education Alumni Association Inc
Nursing Education Alumni Association Inc (EIN: 133994898) is a nonprofit organization based in Old Greenwich, CT, classified under NTEE code B84Z. The organization reported total revenue of $87K and total assets of $124K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nursing Education Alumni Association Inc'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 Nursing Education Alumni Association 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: 90%
- fundraising: 0%
According to IRS 990 filings, Nursing Education Alumni Association Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is consistently reported as 0%, indicating a volunteer-led organization. This is highly commendable for an organization of its size, as it ensures that all funds are directed towards its mission rather than administrative salaries.
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 Nursing Education Alumni Association Inc's IRS 990 filings:
- Consistent trend of expenses exceeding revenue in recent years, leading to asset depletion.
- Significant decline in total assets over the past decade (from $233,006 in 2015 to $85,346 in 2023).
Strengths
The following positive indicators were identified for Nursing Education Alumni Association Inc:
- Zero officer compensation, indicating a volunteer-driven model and high efficiency.
- Consistently reports zero liabilities, demonstrating strong financial management and no debt.
- Clear program focus as a Nursing School Alumni Association (NTEE B84Z).
- Long filing history (13 filings) indicates consistent operation and transparency.
Frequently Asked Questions about Nursing Education Alumni Association Inc
Is Nursing Education Alumni Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Nursing Education Alumni Association Inc (EIN: 133994898) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Nursing Education Alumni Association Inc spend its money?
Nursing Education Alumni Association Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Nursing Education Alumni Association Inc tax-deductible?
Nursing Education Alumni Association Inc is registered as a tax-exempt nonprofit (EIN: 133994898). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Nursing Education Alumni Association Inc. financially sustainable given its trend of expenses exceeding revenue?
While the organization has maintained zero liabilities and zero officer compensation, its assets have declined from $233,006 in 2015 to $85,346 in 2023, largely due to expenses frequently exceeding revenue. This trend, if continued, could impact long-term sustainability, despite current financial health.
How does the lack of officer compensation impact the organization's efficiency?
The consistent reporting of 0% officer compensation significantly boosts the organization's efficiency, as it means all revenue and assets are available for program delivery and operational costs, rather than executive salaries. This is a strong indicator of a volunteer-driven model.
What is the primary reason for the decline in assets over the past decade?
The primary reason for the decline in assets, from $233,006 in 2015 to $85,346 in 2023, appears to be the consistent pattern of expenses exceeding revenue in many fiscal periods, such as $20,540 expenses vs. $14,876 revenue in 2023 and $39,078 expenses vs. $16,245 revenue in 2022.
Filing History
IRS 990 filing history for Nursing Education Alumni Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Nursing Education Alumni Association Inc's revenue has declined by 54.6%, moving from $33K to $15K. Total assets decreased by 53% over the same period, from $182K to $85K. Total functional expenses fell by 18.7%, from $25K to $21K. In its most recent filing year (2023), Nursing Education Alumni Association Inc reported a deficit of $6K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $15K | $21K | $85K | $0 | — | — |
| 2022 | $16K | $39K | $91K | $0 | — | — |
| 2021 | $23K | $31K | $114K | $0 | — | — |
| 2020 | $15K | $29K | $122K | $0 | — | View 990 |
| 2019 | $26K | $33K | $146K | $0 | — | View 990 |
| 2018 | $31K | $27K | $153K | $0 | — | View 990 |
| 2017 | $26K | $108K | $149K | $0 | — | View 990 |
| 2016 | $35K | $37K | $231K | $0 | — | View 990 |
| 2015 | $36K | $25K | $233K | $0 | — | View 990 |
| 2014 | $38K | $24K | $221K | $0 | — | View 990 |
| 2013 | $45K | $30K | $207K | $0 | — | View 990 |
| 2012 | $27K | $17K | $192K | $0 | — | View 990 |
| 2011 | $33K | $25K | $182K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $15K, expenses of $21K, and assets of $85K (revenue -8.4% year-over-year).
- 2022: Revenue of $16K, expenses of $39K, and assets of $91K (revenue -29.9% year-over-year).
- 2021: Revenue of $23K, expenses of $31K, and assets of $114K (revenue +59.1% year-over-year).
- 2020: Revenue of $15K, expenses of $29K, and assets of $122K (revenue -43.4% year-over-year).
- 2019: Revenue of $26K, expenses of $33K, and assets of $146K (revenue -17.2% year-over-year).
- 2018: Revenue of $31K, expenses of $27K, and assets of $153K (revenue +19.2% year-over-year).
- 2017: Revenue of $26K, expenses of $108K, and assets of $149K (revenue -25.2% year-over-year).
- 2016: Revenue of $35K, expenses of $37K, and assets of $231K (revenue -3.6% year-over-year).
- 2015: Revenue of $36K, expenses of $25K, and assets of $233K (revenue -5.8% year-over-year).
- 2014: Revenue of $38K, expenses of $24K, and assets of $221K (revenue -14.2% year-over-year).
- 2013: Revenue of $45K, expenses of $30K, and assets of $207K (revenue +68.2% year-over-year).
- 2012: Revenue of $27K, expenses of $17K, and assets of $192K (revenue -18.8% year-over-year).
- 2011: Revenue of $33K, expenses of $25K, and assets of $182K.
Data Sources and Methodology
This transparency report for Nursing Education Alumni Association 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.