National Automatic Merchandising Foundation
Nonprofit profile at a glance
- EIN
- 363169508
- IRS 990 coverage
- 2013–2024
- Forms available
- Form 990 2024
- Location
- Arlingtion, VA, USA
- Phone
- 6307100263
- Rating
- 59
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $346,092
- Expenses
- $275,743
- Assets
- $1,239,912
- Liabilities
- $140,172
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
22 people listed
Executive titles in this filing
- CARLA BALAKGIE (PRESIDENT & CEO)
- JENNIFER BULCAO (EXECUTIVE DIRECTOR)
Highest reported compensation
- CARLA BALAKGIE (PRESIDENT & CEO): $799,646 total reported compensation
- ROBERT OWENS (CHIEF FINANCIAL OFFICER): $347,418 total reported compensation
- JENNIFER BULCAO (EXECUTIVE DIRECTOR): $170,789 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To strengthen and advance the convenience services industry through strategic support of advocacy, education and research initiatives.
What it reported doing in 2024
Voice: the nama foundation provides information and insights for use in educating the general public and government officials, positively shaping perception of the industry and its interest.education and research: the education and research function allows the foundation to be the premier knowledge source for industry members.meetings and events: the meetings and events function allow participants to build relationships with industry peers through dynamic, growth-oriented and essential business forums.
Operating model
- Revenue model
- Donor-supported. 74% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.
Rating breakdown
- Financial Efficiency: 49
- Transparency & Controls: 65
- Accountability: 86
- Sustainability: 61
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 50.8%; rating input score 51
- Program expense ratio: 56.2%; rating input score 56
- Fundraising efficiency: $3.84 raised per $1 spent on fundraising; rating input score 17; 17th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 6 of 9 controls in place; rating input score 67
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 20.3%; rating input score 74; 74th percentile among comparable filings
- Total-asset coverage ratio: 4.5; rating input score 77; 77th percentile among comparable filings
- Liabilities to assets ratio: 0.11; rating input score 25; 25th percentile among comparable filings
- Officer compensation ratio: 49.8%; rating input score 4; 4th percentile among comparable filings
Growth
- Program expense growth: -13.5% per year; rating input score 0; 8th percentile among comparable filings
- Revenue growth: -18.6% per year; rating input score 0; 3rd percentile among comparable filings
- Asset growth: -9.8% per year; rating input score 0; 6th percentile among comparable filings
Details
- Where the money goes: 50.8% of revenue deployed · 56.2% of spending went to programs
- Governance: 15 of 15 board members independent · 6 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $155K in reported program spending
- Leadership: top reported pay $800K · 22 people listed · 0 of 6 pay-setting controls reported
- Consistency: 22 of 22 current checks pass
- Schedules: 7 filed schedules · includes major donors and executive pay
- Filing history: 11 filing years from 2013 to 2024
- Contacts: How to reach this organization
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Mission deployment rate scored 51/100.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- Review — Financial Efficiency: Program expense ratio scored 56/100.
- High — Financial Efficiency: Fundraising efficiency scored 17/100.
- Review — Accountability: Governance controls: 3 of 9 not reported.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 4/100.
- High — Sustainability: Liabilities to assets ratio scored 25/100.