Nus America Inc

Nonprofit profile at a glance

EIN
912172361
IRS 990 coverage
2014–2024
Forms available
Form 990 2024
Location
San Mateo, CA, USA
Phone
4153350743
Rating
68
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Single Organization Support

Official website

Reported finances

Revenue
$690,844
Expenses
$690,844
Assets
$659,838
Liabilities
$565,701

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

Leadership & pay

5 people listed

Executive titles in this filing

  • YEOW MENG CHEE (President & CEO)
  • SIAN WEE TAN (President & CEO)

People named in this filing

  • YEOW MENG CHEE (President & CEO)
  • CHEE KEONG TEE (CFO)
  • SIAN WEE TAN (President & CEO)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

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

Overview

Mission

Industrial internships for students

What it reported doing in 2024

NUS Overseas Colleges Silicon Valley: NUS Overseas Colleges Silicon Valley(NCSV) aims to cultivate dynamic and resourceful entrepreneurs by immersing a selected group of NUS students in the entrepreneurial and academic environment in Silicon Valley. Students will return with a paradigm shift in mindset, motivated to promote the entrepreneurial spirit among NUS students and create an entrepreneurial hub in Singapore. This program is designed for students to spend one year as interns in technology-based startups. At the same time, students will, concurrently, attend entrepreneurship and discipline-based courses offered by Stanford University, other institutions in Silicon Valley as well as courses provided by NUS. NUS has signed a Memorandum of Understanding with Stanford Centre for Professional Development (SCPD) to develop collaboration between the 2 Institutions. As part of this agreement, NCSV students will take entrepreneurship courses together with the regular Stanford students. Credits gained from these courses will be transferred to NUS for partial fulfillment of NUS degree requirements. The agreement also provides for Joint course development and research collaboration in entrepreneurship. There are 2 intakes per year. All full time NUS undergraduates preferably in their 4th or 5th semesters who have obtained 80 Modular Credits (MCs) by January or July are eligible to apply. They will spend 12 months in Silicon Valley before returning to NUS to complete the rest of their Bachelor degree requirements. The program is intended to be academically and financially neutral for the students.

Operating model

Revenue model
Affiliate-supported. 78% of the money available for current operations came from contributions from related organizations.
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 a large share of available resources goes toward mission work. Some filing-based governance responses are negative or unanswered and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 61
  • Transparency & Controls: 92
  • Accountability: 70
  • Sustainability: 39
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 69.4%; rating input score 69
  • Program expense ratio: 69.4%; rating input score 69
  • Fundraising efficiency: Limited

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: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 2 of 7 controls in place; rating input score 29
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 0%; rating input score 36; 36th percentile among comparable filings
  • Total-asset coverage ratio: 0.96; rating input score 41; 41st percentile among comparable filings
  • Liabilities to assets ratio: 0.86; rating input score 8; 8th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: -7% per year; rating input score 0; 6th percentile among comparable filings
  • Revenue growth: -6.8% per year; rating input score 0; 4th percentile among comparable filings
  • Asset growth: -2.3% per year; rating input score 0; 11th percentile among comparable filings

Details

  • Where the money goes: 69.4% of revenue deployed · 69.4% of spending went to programs
  • Governance: 2 of 2 board members independent · 2 of 7 filing controls reported
  • Programs: 3 filed program accomplishments · $480K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 22 of 22 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 10 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • 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 — Accountability: Governance controls: 4 of 6 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 36/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 41/100.
  • High — Sustainability: Liabilities to assets ratio scored 8/100.