The Foundation of the National Academy of Television Arts and Sciences
Nonprofit profile at a glance
- EIN
- 753046415
- IRS 990-EZ coverage
- 2015–2024
- Forms available
- Form 990-EZ 2024
- Location
- New York, NY, USA
- Phone
- 2125868424
- Rating
- 97
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Scholarships, Student Financial Aid Services, Awards
Reported finances
- Revenue
- $75,208
- Expenses
- $89,039
- Assets
- $182,479
- Liabilities
- $127,348
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- DOUGLAS W MUMMERT (PRESIDENT & CHAIRMAN)
People named in this filing
- DOUGLAS W MUMMERT (PRESIDENT & CHAIRMAN)
- JANICE SELINGER (VICE-CHAIR)
- ROBERT HAMMER (SECRETARY)
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
To promote education in the field of television communication and furnish scholarships to students pursuing studies in such field.
What it reported doing in 2024
The foundation of the national academy of television arts and sciences (natas foundation) was established to support and expand the educational and cultural initiatives of the national academy of television arts and sciences (natas).the foundation's oldest and largest program involves the awarding of seven major scholarships to high school seniors who intend to pursue a baccalaureate degree in communication with emphasis on any aspect of the television industry. The program seeks to identify those individuals who demonstrate exceptional talent as producers of creative video programming as well as outstanding academic achievement and potential for success in a highly competitive profession. The scholarship program, for over 20 years, has awarded scholarships to dozens of highly talented and diverse students who have attended such prestigious universities as columbia, stanford, nyu, usc, northwestern, penn state, Texas, Missouri, Iowa, Alabama, miami (Ohio), Arizona state, and Florida.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 91% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 100
- Sustainability: 38
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 99.8%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -18.4%; rating input score 24; 24th percentile among comparable filings
- Total-asset coverage ratio: 2.05; rating input score 66; 66th percentile among comparable filings
- Liabilities to assets ratio: 0.7; rating input score 7; 7th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 11.6% per year; rating input score 100; 74th percentile among comparable filings
- Revenue growth: 6.1% per year; rating input score 100; 74th percentile among comparable filings
- Asset growth: 2.6% per year; rating input score 100; 49th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 99.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $89K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 9 filing years from 2015 to 2024
- Contacts: How to reach this organization
- 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 — Sustainability: Operating margin scored 24/100.
- High — Sustainability: Liabilities to assets ratio scored 7/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.