National Public Education Support Fund

Nonprofit profile at a glance

EIN
263015634
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Washington, DC, USA
Phone
2026848260
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
Government and Public Administration

Official website

Reported finances

Revenue
$3,273,374
Expenses
$3,956,913
Assets
$4,725,868
Liabilities
$258,941

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

13 people listed

Executive titles in this filing

  • FRANK GETTRIDGE (PRESIDENT & CEO)
  • JENNIFER CLEGHORN (VICE PRESIDENT, STRATEGY AND PROGRAMS)

Highest reported compensation

  • FRANK GETTRIDGE (PRESIDENT & CEO): $307,173 total reported compensation
  • JENNIFER CLEGHORN (VICE PRESIDENT, STRATEGY AND PROGRAMS): $202,210 total reported compensation
  • KELLY SHIOHIRA (GSOLEN NETWORK LEAD): $165,639 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The philanthropic collaborative for education strengthens, convenes, and catalyzes networks of philanthropy to advance the equitable and just education and systemic policies and practices that create the conditions every learner needs to achieve, thrive, and succeed in a global diverse society.

What it reported doing in 2024

Education funder strategy group: npesf manages the education funder strategy group (efsg), which is a membership forum for leading state, regional and national foundations focused on united states policy across the continuum from early childhood, k-12, and post-secondary education. The learning goals for this philanthropic community are to help: 1) raise educational attainment for all students with the deeper learning outcomes and skills that will prepare them for life, work, and citizenship; 2) close gaps to increase educational equity for under-served communities by improving the conditions and resources that enable students to learn and thrive, with a particular concern for addressing racialized and class-based disparities in learning opportunities and outcomes; 3) build public confidence and commitment to public education as a public good; and 4) accelerate systemic change in the education ecosystem to dramatically improve learning and life outcomes for all students.

Operating model

Revenue model
Donor-supported. 95% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 88% 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

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 total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 85
  • Transparency & Controls: 76
  • Accountability: 100
  • Sustainability: 25
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 92.4%; rating input score 92
  • Program expense ratio: 76.2%; rating input score 76
  • Fundraising efficiency: $61.76 raised per $1 spent on fundraising; rating input score 81; 81st percentile among comparable filings

Transparency & Controls

  • Consistency checks: 93.3%; rating input score 93; 17th percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 96.9%; rating input score 97; 32nd percentile among comparable filings
  • 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: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -20.9%; rating input score 6; 6th percentile among comparable filings
  • Total-asset coverage ratio: 1.19; rating input score 43; 43rd percentile among comparable filings
  • Liabilities to assets ratio: 0.05; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 19.7%; rating input score 13; 13th percentile among comparable filings

Growth

  • Program expense growth: 3.2% per year; rating input score 100; 28th percentile among comparable filings
  • Revenue growth: 7.3% per year; rating input score 100; 56th percentile among comparable filings
  • Asset growth: 15.6% per year; rating input score 100; 76th percentile among comparable filings

Details

  • Where the money goes: 92.4% of revenue deployed · 76.2% of spending went to programs
  • Governance: 9 of 9 board members independent · 9 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $3M in reported program spending
  • Leadership: top reported pay $307K · 13 people listed · 2 of 6 pay-setting controls reported
  • Highest-paid contractors: 4 contractors listed · $807K reported
  • Consistency: 33 of 34 current checks pass · 1 finding to review
  • Schedules: 7 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 15 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 6 filed money-flow records
  • Related organizations: 2 filed related-organization links
  • 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 6/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 43/100.
  • High — Sustainability: Officer compensation ratio scored 13/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.