National Society of Tax Professionals

Nonprofit profile at a glance

EIN
911289294
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Vancouver, WA, USA
Phone
3606958309
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$1,038,685
Expenses
$1,035,689
Assets
$866,950
Liabilities
$626,349

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

Leadership & pay

9 people listed

Executive titles in this filing

  • KEITH E HUEBEL (PRESIDENT)

Highest reported compensation

  • SUMMER HODGES (EXECUTIVE DI): $108,183 total reported compensation
  • NINA TROSS (TREASURER): $55,850 total reported compensation
  • PAUL LA MONACA (VICE PRESIDE): $43,895 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 provide continuing education, information & resources to tax professionals throughout the year. The organization believes that tax preparation, consulting, planning, etc represents an industry of its own. Therefore, it strives to: provide a strong national and professional membership organization that speaks for the rights and interests of individual tax professionals; establish an identity with the taxpaying public; educate the general public with respect to the educational and professional skills demanded of today's profession; elevate the acceptance and prestige of tax professionals; promote high standards of competence and ethics within the profession; promote mutual respect and communication between the IRS and tax professionals; and sponsor eductional programs to enhance professional ability and knowledge.

What it reported doing in 2024

The three most significant activities are: 1)providing live local and regional seminars which are developed and presented across the united states to make the training as beneficial and convenient as possible. Nstp's seminars provide opportunities to meet with the organization's officers, board of directors and fellow tax professionals. 2) providing training materials, live webinars and on-demand webinars which are produced to update members' tax knoweldge regarding current legislation which better assists attendee's clients. This provides members with required continuing education credits. Quarterly & weekly publications are provided to members with relevant tax articles and the latest tax law changes. These are provided electronically and in print format. 3)providing a tax helpline to members which provides responses and answers to member tax inquiries as they relate to their clients.

Operating model

Revenue model
Earned-program. 96% of the money available for current operations came from fees and other program revenue.
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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 89
  • Transparency & Controls: 66
  • Accountability: 78
  • Sustainability: 31
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 99.7%; rating input score 100
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 85.7%; rating input score 86; 20th percentile among comparable filings
  • Governance controls: 6 of 9 controls in place; rating input score 67
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • 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: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 0.3%; rating input score 37; 37th percentile among comparable filings
  • Total-asset coverage ratio: 0.84; rating input score 37; 37th percentile among comparable filings
  • Liabilities to assets ratio: 0.72; rating input score 10; 10th percentile among comparable filings
  • Officer compensation ratio: 22%; rating input score 12; 12th percentile among comparable filings

Growth

  • Program expense growth: 21.6% per year; rating input score 100; 84th percentile among comparable filings
  • Revenue growth: 1% per year; rating input score 100; 19th percentile among comparable filings
  • Asset growth: 1.6% per year; rating input score 100; 24th percentile among comparable filings

Details

  • Where the money goes: 99.7% of revenue deployed · 100% of spending went to programs
  • Governance: 6 of 7 board members independent · 6 of 9 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $108K · 9 people listed · 1 of 6 pay-setting controls reported
  • Consistency: 30 of 30 current checks pass
  • Schedules: 5 filed schedules · includes executive pay
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 7 filed money-flow records
  • 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 — Accountability: Governance controls: 2 of 8 not reported.
  • Moderate — Sustainability: Operating margin scored 37/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 37/100.
  • High — Sustainability: Liabilities to assets ratio scored 10/100.
  • High — Sustainability: Officer compensation ratio scored 12/100.