The National Smart Set Inc

Nonprofit profile at a glance

EIN
851432182
IRS 990 coverage
2020–2024
Forms available
Form 990 2024
Location
Washington, DC, USA
Rating
71
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Human Service Organizations

Official website

Reported finances

Revenue
$913,454
Expenses
$904,782
Assets
$1,477,492
Liabilities
$13,000

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

Leadership & pay

8 people listed

Executive titles in this filing

  • NANCY CROOKS (PRESIDENT)
  • JENITA MCDANIEL (VICE PRESIDENT)

People named in this filing

  • NANCY CROOKS (PRESIDENT)
  • JENITA MCDANIEL (VICE PRESIDENT)
  • SIRA WILLIAMS (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. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Our mission is to bring together accomplished women who share cultural, social, and charitable activities through education and services to our community. Our mission outreach is focus on national and supporting local initiatives.

What it reported doing in 2024

The organizations National Conclave served as the primary vehicle for advancing its mission through comprehensive programming, including educational workshops, leadership development seminars, and networking opportunities directly aligned with organizational objectives. The event provided financial support mechanisms for member initiatives and facilitated knowledge transfer through structured outreach programs. Participants engaged in professional development activities, mentorship opportunities, and collaborative projects that strengthened both individual member capabilities and the organizations collective community impact through strategic educational and financial support initiatives.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 89% 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. A relatively small share of voting board members are independent and the filing does not identify recipients for some grant dollars.

Rating breakdown

  • Financial Efficiency: 84
  • Transparency & Controls: 74
  • Accountability: 36
  • Sustainability: 53
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 94%; rating input score 94
  • Program expense ratio: 94.7%; rating input score 95
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 91.7%; rating input score 92; 12th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 52.4%; rating input score 52; 30th percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 5th percentile among comparable filings
  • Governance controls: 6 of 7 controls in place; rating input score 86
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 0.9%; rating input score 39; 39th percentile among comparable filings
  • Total-asset coverage ratio: 1.63; rating input score 58; 58th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 70; 70th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: 59.2% per year; rating input score 100; 97th percentile among comparable filings
  • Revenue growth: 52.4% per year; rating input score 100; 97th percentile among comparable filings
  • Asset growth: 49% per year; rating input score 100; 96th percentile among comparable filings

Details

  • Where the money goes: 94% of revenue deployed · 94.7% of spending went to programs
  • Governance: 0 of 7 board members independent · 6 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $857K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 20 of 21 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules · includes grants
  • Filing history: 5 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: 2 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 — Accountability: Independent voting board scored 0/100.
  • Review — Transparency & Controls: Grant itemization coverage scored 52/100.
  • Moderate — Sustainability: Operating margin scored 39/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Review — Sustainability: Total-asset coverage ratio scored 58/100.