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Education : Youth Education Programs and Services

NAF

NAF helps solve some of the biggest challenges in education and our economy by transforming the high school experience.

three stars

89.01

218 West 40th Street 5th Floor
New York, NY 10018
tel: (212) 635-2400   Web Site
EIN: 13-3480246

Board Leadership
Sanford I. Weill
Chair

CEO
JD Hoye
President

 
 
  Score
(out of 100)
Rating
Overall Score & Rating 89.01 three stars
  Financial 84.47 three stars
  Accountability & Transparency 100.00 four stars
This rating was published 03/01/2018 and includes data from FY2016, the most recent 990 received at that time.

NAF is a national network of education, business, and community leaders who work together to ensure high school students are college, career, and future ready. NAF's educational design ignites students' passion for learning and gives businesses the opportunity to shape America's future workforce by transforming the learning environment to include STEM infused industry-specific curricula and work-based learning experiences, including internships. Since 1982, NAF has been partnering with existing high schools in high-need communities to enhance school systems at a low cost by implementing NAF academies - small learning communities within traditional high schools. NAF has grown from one NAF Academy of Finance in New York City to hundreds of academies across the country focusing on growing industries including finance, hospitality & tourism, information technology, engineering, and health sciences.

NAF is a national network of education, business, and community leaders who work together to ensure high school students are college, career, and future ready. NAF's educational design ignites students' passion for learning and gives businesses the opportunity to shape America's future workforce by transforming the learning environment to include STEM infused industry-specific curricula and work-based learning experiences, including internships. Since 1982, NAF has been partnering with existing high schools in high-need communities to enhance school systems at a low cost by implementing NAF academies - small learning communities within traditional high schools. NAF has grown from one NAF Academy of Finance in New York City to hundreds of academies across the country focusing on growing industries including finance, hospitality & tourism, information technology, engineering, and health sciences.

Financial

three stars

84.47

Accountability & Transparency

four stars

100.00

This rating was published 03/01/2018 and includes data from FY2016, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
75.7%
  Administrative Expenses 17.2%
  Fundraising Expenses 7.0%
  Fundraising Efficiency $0.10
  Working Capital Ratio (years) 1.03
  Program Expenses Growth 4.6%
  Liabilities to Assets 11.8%
All data for Financial Performance Metrics calculations was provided by NAF on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by NAF on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
NAF (NY) 89.01 three stars
Society for Science & the Public (DC) 96.45 four stars
Project Lead The Way (IN) 86.60 three stars
Silicon Valley Education Foundation (CA) 87.14 three stars
National Math + Science Initiative (TX) 89.50 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $7,245,694
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $1,543,161
   Related Organizations $0
   Government Grants $0
Total Contributions $8,788,855
   Program Service Revenue $2,970,744
Total Primary Revenue $11,759,599
   Other Revenue $202,844
TOTAL REVENUE $11,962,443
   
EXPENSES  
   Program Expenses $11,925,415
   Administrative Expenses $2,793,687
   Fundraising Expenses $1,253,592
TOTAL FUNCTIONAL EXPENSES $15,972,694
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-4,010,251
   
Net Assets $16,307,311

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Academy of Finance $3,008,724 25.2%
Academy of Information Technology $2,593,230 21.7%
Academy of Engineering $2,005,323 16.8%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2016-12 03/01/2018 89.01 three stars
2015-12 02/01/2017 92.07 four stars
2014-12 09/01/2016 90.90 four stars
2014-12 06/01/2016 86.31 three stars
 
CN 2.0
2014-12 02/01/2016 79.51 two stars
2013-12 05/01/2015 90.14 four stars
2012-12 02/01/2014 91.18 four stars
2011-12 02/01/2013 83.01 three stars
2010-12 02/01/2012 84.13 three stars
2009-12 09/20/2011 89.63 three stars
 
CN 1.0
2009-12 06/01/2011 81.72 three stars
2008-12 07/01/2010 92.54 four stars
2007-12 12/17/2008 93.14 four stars
2006-12 04/01/2008 97.17 four stars
2005-12 07/01/2007 68.98 one star
2004-12 01/01/2006 83.90 three stars
2003-12 11/01/2004 97.58 four stars
2002-12 10/01/2003 97.52 four stars
2001-12 10/15/2002 98.74 four stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 13-3480246
Name in IRS Master File NAF
NTEE Code B19
NTEE Classification Nonmonetary Support N.E.C.
NTEE Type Educational Institutions and Related Activities
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (59) Other school related activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date February, 1989
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
  • December, 2012

The data displayed in this profile is provided by the IRS for free in the form of Publication 78 and the Business Master File (BMF).

Compensation % of Expenses Paid to Title
$520,435 3.25% Jondel Hoye President

Highly Rated

Charity Name & State Overall Score Overall Rating
NAF (NY) 89.01 three stars
MATHCOUNTS (VA) 89.42 three stars
Society for Science & the Public (DC) 96.45 four stars
ORT America (NY) 90.27 four stars
National Math + Science Initiative (TX) 89.50 three stars

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This charity has an official representative registered with Charity Navigator.

Official Charity Response

Due to the timing of gifts pledged at the end of 2016, but not received until 2017, NAF received a lower score in the financial category (fundraising efficiency and program expenses), resulting in a 3-star rating. We scored 89.02 just below the 90-point threshold. This is a great disappointment after two consecutive years at 4 stars, but based upon the unaudited 2017 financials we are confident NAF is expected to attain CN’s optimum level of Financial Health and return to our 4-star rating.

Charity Contact Info

NAF
218 West 40th Street
5th Floor
New York, NY 10018
tel: (212) 635-2400
fax: (212) 635-2409
EIN: 13-3480246

Visit Web Site

Board Leadership

Sanford I. Weill
Chair

CEO

JD Hoye
President

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