National Weather Assoc Foundation

Nonprofit profile at a glance

EIN
814218870
IRS 990-EZ coverage
2017–2024
Forms available
Form 990-EZ 2024, Form 990-N 2016
Location
Norman, OK, USA
Phone
4057015167
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Educational Services and Schools - Other

Reported finances

Revenue
$24,241
Expenses
$16,164
Assets
$191,698

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

Leadership & pay

9 people listed

Executive titles in this filing

  • NATE JOHNSON (PRESIDENT)

People named in this filing

  • NATE JOHNSON (PRESIDENT)
  • GAIL HARTFIELD (VICE PRESIDE)
  • TODD LERICOS (TREASURER)

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

National weather association foundation's purpose is to collect and disperse funds that will support college and university students pursuing careers in meteorology, as well as educators and organizations engaged in offering education on weather related topics.

What it reported doing in 2024

Annual meeting event - in connection to the national weather association annual meeting, an event, weatherready fest, will be hosted. Weatherready fest provides an opportunity for kids and adults alike to experience weather first-hand and learn how to prepare for nature's worst disasters. Weatherready fest will include games, expert panels/speakers, as well as vehicles and equipment used by emergency managers and weather broadcasters.

Operating model

Revenue model
Donor-supported. 85% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 77% of its reported program spending out as grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 82
  • Transparency & Controls: 82
  • Sustainability: 73
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 71.5%; rating input score 72
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 33.3%; rating input score 83; 83rd percentile among comparable filings
  • Total-asset coverage ratio: 11.86; rating input score 93; 93rd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -12% per year; rating input score 0; 25th percentile among comparable filings
  • Revenue growth: -22.2% per year; rating input score 0; 13th percentile among comparable filings
  • Asset growth: 7.8% per year; rating input score 100; 67th percentile among comparable filings

Details

  • Where the money goes: 71.5% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $16K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 7 filing years from 2017 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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 — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.