National Institute for State Credit Union Examination
Nonprofit profile at a glance
- EIN
- 541205520
- IRS 990-EZ coverage
- 2010–2024
- Forms available
- Form 990-EZ 2024
- Location
- Arlington, VA, USA
- Phone
- 7035288351
- Rating
- 97
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Credit Unions
Reported finances
- Revenue
- $176,480
- Expenses
- $189,223
- Assets
- $408,623
- Liabilities
- $105,520
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- BRIAN KNIGHT (PRESIDENT)
People named in this filing
- JAY BIENVENU (CHAIRMAN)
- DOUG FERRARO (SECRETARY/TREASURER)
- TOM FITE (TRUSTEE)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To sponsor educational programs concerning state credit union supervision and related topics.
What it reported doing in 2024
The educational activities are targeted toward the continued professional development of state credit union examiners.
Operating model
- Revenue model
- Donor-supported. 97% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 94% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 100
- Sustainability: 42
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 98.7%; rating input score 99
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -7.2%; rating input score 19; 19th percentile among comparable filings
- Total-asset coverage ratio: 2.16; rating input score 82; 82nd percentile among comparable filings
- Liabilities to assets ratio: 0.26; rating input score 16; 16th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 2.8% per year; rating input score 100; 39th percentile among comparable filings
- Revenue growth: 0.4% per year; rating input score 100; 23rd percentile among comparable filings
- Asset growth: 5.8% per year; rating input score 100; 48th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 98.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $187K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- 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.
- High — Sustainability: Operating margin scored 19/100.
- High — Sustainability: Liabilities to assets ratio scored 16/100.