Nonprofit · EIN 54-1223334
NATIONAL ASSOC OF ELEMENTARY SCHOOL PRINCIPALS FOUNDATION
Tax-exempt · ALEXANDRIA, VA 22314
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $173,046 | $336,168 | -$163,122 | $795,777 | $59,661 | $736,116 |
| June 30, 2024 | 990 | $382,002 | $315,145 | $66,857 | $971,155 | $70,491 | $900,664 |
| June 30, 2023 | 990 | $353,924 | $566,887 | -$212,963 | $1,054,062 | $245,437 | $808,625 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $160,360
- Program service revenue
- $2,325
- Investment income
- $9,594
- Royalties
- $767
- Other revenue
- $767
Expenses
- Grants and similar amounts paid
- $62,911
- Other salaries and wages
- $16,793
- Salaries, compensation and benefits (total)
- $18,258
- Professional fundraising fees
- $0
- Accounting fees
- $8,295
- Travel
- $6,462
- Program services (functional)
- $293,123
- Management and general (functional)
- $43,045
Balance sheet and other
- Total assets, start of year
- $971,155
- Total assets, end of year
- $795,777
- Total liabilities, end of year
- $59,661
- Net assets, end of year
- $736,116
- Publicly traded securities
- $376,373
- Net assets without donor restrictions
- $443,580
- Net assets with donor restrictions
- $292,536
- Gross receipts
- $173,046
- Employees
- 0
- Volunteers
- 3
- Year formed
- 1981
- State of legal domicile
- DC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| L EARL FRANKS | PRESIDENT Trustee or director, Officer | 5 | $0 | $316,913 | $62,900 |
| LIZA CARABALLO-SUAREZ EDD | VICE PRESIDENT (UNTIL OF 7/24) Trustee or director, Officer | 1 | $0 | $0 | $0 |
| KEVIN ARMSTRONG EDD | SEC (UNTIL 7/24)/VP (AS OF 8/24) Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ANN-MARIE GLEASON | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| APRIL KNIGHT | TREAS (UNTIL 7/24)/SEC (AS OF 8/24) Trustee or director, Officer | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 5 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| L EARL FRANKS | PRESIDENT Trustee or director, Officer | 5 | $0 | $308,520 | $55,238 |
| LIZA CARABALLO-SUAREZ EDD | SEC. (UNTIL 7/23)/VP (AS OF 8/23) Trustee or director, Officer | 1 | $0 | $0 | $0 |
| DAVE STECKLER | VICE PRESIDENT (UNTIL 7/23) Trustee or director, Officer | 1 | $0 | $0 | $0 |
| KEVIN ARMSTRONG EDD | TRES. (UNT 7/23)/SEC. (AS OF 8/23) Trustee or director, Officer | 1 | $0 | $0 | $0 |
| APRIL KNIGHT | TREASURER (AS OF 8/23) Trustee or director, Officer | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 5 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| L EARL FRANKS | PRESIDENT Trustee or director, Officer | 5 | $0 | $302,915 | $51,268 |
| DAVE STECKLER | SEC. (UNTIL 7/22)/VP (AS OF 8/22) Trustee or director, Officer | 1 | $0 | $0 | $0 |
| PAUL WENGER | VICE PRESIDENT (UNTIL 7/22) Trustee or director, Officer | 2 | $0 | $0 | $0 |
| KEVIN ARMSTRONG EDD | TREASURER (AS OF 8/22) Trustee or director | 1 | $0 | $0 | $0 |
| LIZA CARABALLO-SUAREZ EDD | TREAS. (UNT. 7/22)/SEC. (AS OF 8/22) Trustee or director, Officer | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1615 DUKE ST, ALEXANDRIA, VA 22314-3406
- In care of
- % ERNEST MANNINO
- Principal officer (990 for 2024)
- DR L EARL FRANKS, 1615 DUKE STREET, ALEXANDRIA, VA 22314
- Signed the 990
- DR L EARL FRANKS, PRESIDENT
- Phone
- (703) 684-3345
- Return prepared by
- COHNREZNICK ADVISORY LLC
Mission
THE NAESP FOUNDATION ADVANCES EXCELLENCE, INNOVATION, AND EQUITY IN SCHOOLS BY ENDOWING LEADERSHIP AND LEARNING FOR PRINCIPALS FOR THE BENEFIT OF CHILDREN.
Program accomplishments
- OVERSEAS SCHOOL PROGRAM FOCUSES ON ELEMENTARY AND SECONDARY EDUCATION AND HELPING TO ENSURE THAT AMERICAN-SPONSORED OVERSEAS SCHOOLS STAY ABREAST OF NEW ACADEMIC AND TECHNOLOGICAL OPPORTUNITIES OFFERED TO CHILDREN AND YOUTH IN THE U.S.Expenses $173,596 · grants $62,911 · revenue $2,325
- THROUGH FUNDING PROVIDED BY THE WALLACE FOUNDATION, NAESP FOUNDATION IS COMPLETING PROJECTS IN REGARD TO THE KEY PRACTICES OF PRINCIPAL LEADERSHIP, WITH A SPECIAL FOCUS ON EARLY CAREER PRINCIPALS AND SOCIAL EMOTIONAL LEARNING. THESE PROJECTS INCLUDE: SESSIONS AT NAESP'S ANNUAL CONFERENCE; A CAPITOL HILL BRIEFING ON STRENGTHENING PRINCIPAL PREPARATION PROGRAMS; A WEBINAR ON EFFECTIVE PRINCIPAL PRACTICES FOR ASPIRING AND EARLY CAREER PRINCIPALS; A MAGAZINE ARTICLE AND A SPECIAL SUPPLEMENT IN NAESP'S PRINCIPAL MAGAZINE; DIGITAL DISSEMINATION OF WALLACE RESEARCH; AND NAESP STAFF PARTICIPATION IN THE WALLACE PROFESSIONAL LEARNING COMMUNITY MEETINGS. THESE ACTIVITIES WERE COMPLETED BY NAESP STAFF, AND WITH COLLABORATION WITH FREELANCERS AND YGS MEDIA AGENCY.Expenses $119,527
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 54-1223334
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type I
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2019
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S11)
- Assets (IRS master file)
- $795,777
- Income (IRS master file)
- $173,046
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $173,046 | $336,168 | $795,777 | IRS |
| 990 | June 2024 | $382,002 | $315,145 | $971,155 | IRS |
| 990 | June 2023 | $353,924 | $566,887 | $1,054,062 | XML |
| 990 | June 2022 | $773,858 | $348,093 | $1,175,517 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 54-1223334).
Questions about NATIONAL ASSOC OF ELEMENTARY SCHOOL PRINCIPALS FOUNDATION
- What is the EIN of NATIONAL ASSOC OF ELEMENTARY SCHOOL PRINCIPALS FOUNDATION?
- The employer identification number (EIN) of NATIONAL ASSOC OF ELEMENTARY SCHOOL PRINCIPALS FOUNDATION is 54-1223334.
- Is NATIONAL ASSOC OF ELEMENTARY SCHOOL PRINCIPALS FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to NATIONAL ASSOC OF ELEMENTARY SCHOOL PRINCIPALS FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does NATIONAL ASSOC OF ELEMENTARY SCHOOL PRINCIPALS FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of NATIONAL ASSOC OF ELEMENTARY SCHOOL PRINCIPALS FOUNDATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NATIONAL ASSOC OF ELEMENTARY SCHOOL PRINCIPALS FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of NATIONAL ASSOC OF ELEMENTARY SCHOOL PRINCIPALS FOUNDATION?
- The 990 for the year ended June 30, 2025 names DR L EARL FRANKS.
- Who are the officers and directors of NATIONAL ASSOC OF ELEMENTARY SCHOOL PRINCIPALS FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does NATIONAL ASSOC OF ELEMENTARY SCHOOL PRINCIPALS FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $173,046, expenses of $336,168 and total assets of $795,777 at year end.
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