National Association of Social Workers

What it reported doing in 2024

Policy/program: preparing and disseminating issue briefs on a wide range of topics including substance use, ptsd, elder abuse, adverse childhood experiences, aging, and social work and law enforcement; and continuing to provide updates to the field on topics including the cms physician fee schedule, medicaid and medicare, telehealth flexibilities, the budget reconciliation bill; and the affordable care act; garnering wo stipends ($10,000) from the america public health association champion of change program. Completing and disseminating practice standards on school social work and clinical social work; presenting at national conferences; continuing to participate in national reimbursement coding meetings for health care providers; and providing technical assistance to social workers through "hour of private practice' conference calls and other means preparing and disseminating a blueprint of public policy priorities for the 119th congress; attending the democratic national convention for meetings with policy makers about the mental health and substance use crises and the need for a more diverse mental health workforce; working with congressional champions to introduce a social work month resolution; creating action alerts that led to thousands of messages being sent to congress on issues including telehealth flexibilities and the improving access to mental health act,; and sending a letter to the secretary of veterans affairs expressing nasw's concerns about workforce reductions at the veterans administration creating a 'stronger together' website with resources on the policies of the trump administration; a mobilizing against hate website with resources to help social workers address the rise in hate speech and violence; and revamping our social justice website, highlighting our social justice priorities, and including information and issue briefs on gerrymandering and voting rights holding the largest conference to date in chicago, with over 1,800 people attending in-person and over 400 more attending virtually, and convening a fall virtual forum on "mental health matters: working with children, youth, and families" which was attended by close to 400 professionals and featured plenaries and sessions on student mental health, youth suicide, gun violence, child welfare, social media, and artificial intelligence, just to name a few.

Financial Efficiency

• Mission deployment rate: Limited
• Program expense ratio: Limited
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
• Pay-setting controls: 4 of 6 controls in place; rating input score 67
  • Compensation committee: Pass
  • Independent consultant: Missing
  • Other Form 990s reviewed: Pass
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Yes; rating input score 100

Accountability

• Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
• Governance controls: 8 of 9 controls in place; rating input score 89
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: -4.2%; rating input score 18; 18th percentile among comparable filings
• Total-asset coverage ratio: 2.65; rating input score 71; 71st percentile among comparable filings
• Liabilities to assets ratio: 0.27; rating input score 49; 49th percentile among comparable filings
• Officer compensation ratio: 5%; rating input score 51; 51st percentile among comparable filings

Growth

• Program expense growth: Limited
• Revenue growth: 6.7% per year; rating input score 100; 57th percentile among comparable filings
• Asset growth: 2.6% per year; rating input score 100; 21st percentile among comparable filings