Ncta Education Foundation Inc

Nonprofit profile at a glance

EIN
521653760
IRS 990 coverage
2014–2024
Forms available
Form 990 2024, Form 990-EZ 2023
Location
Washington, DC, USA
Phone
2022222390
Rating
56
Verdict
MIXED
Rating confidence
Moderate
Sector
Public Utilities

Official website

Reported finances

Revenue
$3,863,454
Expenses
$713,376
Assets
$3,235,635
Liabilities
$76,417

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

Leadership & pay

21 people listed

Executive titles in this filing

  • MICHAEL K POWELL (PRESIDENT & CEO)

Highest reported compensation

  • MICHAEL K POWELL (PRESIDENT & CEO): $6,804,412 total reported compensation
  • NILDA GUMBS (CHIEF OF STAFF): $662,542 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 ncta education foundation invests in people and programs that strengthen leadership, innovation, and opportunity across the connectivity, media, and entertainment industries. Through grants, research, scholarships, and partnerships, the foundation builds pathways that prepare emerging and established professionals to lead with purpose, drive performance, and shape a more dynamic, future-ready workforce.

What it reported doing in 2024

Grants and scholarships: the foundation awards grants and student scholarships that support leadership development, workforce readiness, and career advancement. Funded initiatives include internships, mentorship programs, executive training, and professional development experiences that equip rising and mid-career professionals to lead effectively and sustainably.industry research/creative and leadership partnerships program: the foundation supports independent studies that assess workforce trends, leadership gaps, and opportunities for growth. These insights guide industry stakeholders in developing strategies to attract, retain, and elevate talent while fostering environments that reward creativity and collaboration. The foundation partners with organizations cultivating creative, technical, and executive talent. These collaborations expand access to career pathways, promote authentic storytelling, and inspire innovation at every level of the industry.

Operating model

Revenue model
Donor-supported. 98% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 56% for direct work, and 44% for grants.

The verdict

MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.

Rating breakdown

  • Financial Efficiency: 26
  • Transparency & Controls: 69
  • Accountability: 87
  • Sustainability: 80
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 10%; rating input score 10
  • Program expense ratio: 45%; rating input score 45
  • Fundraising efficiency: $13.49 raised per $1 spent on fundraising; rating input score 47; 47th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 93.8%; rating input score 94; 20th percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 94.4%; rating input score 94; 25th percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • 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: 81.5%; rating input score 98; 98th percentile among comparable filings
  • Total-asset coverage ratio: 4.54; rating input score 82; 82nd percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 79; 79th percentile among comparable filings
  • Officer compensation ratio: 90.1%; rating input score 0; 0th percentile among comparable filings

Growth

  • Program expense growth: -11.9% per year; rating input score 0; 2nd percentile among comparable filings
  • Revenue growth: 6.3% per year; rating input score 100; 50th percentile among comparable filings
  • Asset growth: 47.1% per year; rating input score 100; 97th percentile among comparable filings

Details

  • Where the money goes: 10% of revenue deployed · 45% of spending went to programs
  • Governance: 17 of 18 board members independent · 7 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $321K in reported program spending
  • Leadership: top reported pay $6.8M · 21 people listed · 0 of 6 pay-setting controls reported
  • Highest-paid contractors: 2 contractors listed · $436K reported
  • Consistency: 27 of 28 current checks pass · 1 finding to review
  • Schedules: 8 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 6 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Related organizations: 5 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.

Key Signals

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

  • High — Financial Efficiency: Mission deployment rate scored 10/100.
  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 45/100.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 47/100.
  • High — Growth: Program expense growth scored 0/100.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • High — Sustainability: Officer compensation ratio scored 0/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.