National Seniors Policy Center

Nonprofit profile at a glance

EIN
823304242
IRS 990 coverage
2022–2024
Forms available
Form 990 2024, Form 990-N 2021
Location
Washington, DC, USA
Phone
3016315444
Rating
70
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Alliance/Advocacy

Reported finances

Revenue
$7,092,939
Expenses
$7,163,440
Assets
$255,296
Liabilities
$874,748

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

Leadership & pay

5 people listed

Executive titles in this filing

  • DAN PERRIN (PRESIDENT/DIRECTOR)

Highest reported compensation

  • DAN PERRIN (PRESIDENT/DIRECTOR): $129,796 total reported compensation
  • ERIN TOMASELLO (TREASURER): $56,149 total reported compensation
  • ANTHONY PFISTER (DIRECTOR): $24,000 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 research, educate, and promote long term free market solutions in today's public policy concerns in order to leave the world better for future generations.

What it reported doing in 2024

Nspc's public advocacy program focused primarily on the following areas in 2024 as part of their mission to advance the public knowledge and understanding about the effect of policies, programs, and actions on american seniors.- legislative and policy education nspc monitored 2024 social security program changes, including the 3.2% cola increase, wage base adjustment, and the social security fairness act. Staff engaged congress through direct outreach and grassroots contact to highlight risks to social security from political polarization, fiscal instability, and federal debt-ceiling negotiations.- direct mail outreach nspc mailed 8,483,755 educational and fund raising letters nationwide to inform citizens about social security's future and encourage them to take action. Citizens submitted 1,029,518 signed petitions delivered to congress, urging the protection of benefits and the passage of related legislation. - digital and social media engagement nspc expanded its online presence through the seniors center brand, publishing 174 news posts, growing facebook followers to 20,880, and increasing group membership to 14,100 members. Collectively, these platforms reached nearly 100,000 people, generating 191,907 views and 68,612 interactions in 2024.- debt default clock initiative nspc supported the debt default clock, an educational tool warning of u.s. Government default risks and the implications for social security benefits. This project advanced nspc's mission to promote sustainable fiscal policy and safeguard retirement security. Nspc sees a federal government default in the near term as the single greatest threat to social security and working legislatively and with the executive branch to mitigate the risks of a u.s. Government default.

Operating model

Revenue model
Donor-supported. 100% 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

SUPPORTED - The filed numbers largely add up and most voting board members are independent. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 56
  • Transparency & Controls: 92
  • Accountability: 76
  • Sustainability: 22
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 61.7%; rating input score 62
  • Program expense ratio: 61.1%; rating input score 61
  • Fundraising efficiency: $3.56 raised per $1 spent on fundraising; rating input score 11; 11th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 66.7%; rating input score 67; 11th 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: -1%; rating input score 29; 29th percentile among comparable filings
  • Total-asset coverage ratio: 0.04; rating input score 1; 1st percentile among comparable filings
  • Liabilities to assets ratio: 3.43; rating input score 1; 1st percentile among comparable filings
  • Officer compensation ratio: 3.1%; rating input score 68; 68th percentile among comparable filings

Growth

  • Program expense growth: 46.4% per year; rating input score 100; 97th percentile among comparable filings
  • Revenue growth: 51.6% per year; rating input score 100; 98th percentile among comparable filings
  • Asset growth: -26.9% per year; rating input score 0; 0th percentile among comparable filings

Details

  • Where the money goes: 61.7% of revenue deployed · 61.1% of spending went to programs
  • Governance: 2 of 3 board members independent · 8 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $4.4M in reported program spending
  • Leadership: top reported pay $130K · 5 people listed
  • Consistency: 27 of 27 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • 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 — Financial Efficiency: Fundraising efficiency scored 11/100.
  • High — Sustainability: Operating margin scored 29/100.
  • High — Sustainability: Total-asset coverage ratio scored 1/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Accountability: Governance controls: Other executive compensation review process not reported.
  • High — Sustainability: Liabilities to assets ratio scored 1/100.