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Nonprofit · EIN 54-1223334

NATIONAL ASSOC OF ELEMENTARY SCHOOL PRINCIPALS FOUNDATION

Tax-exempt · ALEXANDRIA, VA 22314

Financials

$354K$567K2022$382K$315K2023$173K$336K2024
Revenue Expenses · by fiscal year end
Financials of NATIONAL ASSOC OF ELEMENTARY SCHOOL PRINCIPALS FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$173,046$336,168-$163,122$795,777$59,661$736,116
June 30, 2024990$382,002$315,145$66,857$971,155$70,491$900,664
June 30, 2023990$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.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
L EARL FRANKSPRESIDENT
Trustee or director, Officer
5$0$316,913$62,900
LIZA CARABALLO-SUAREZ EDDVICE PRESIDENT (UNTIL OF 7/24)
Trustee or director, Officer
1$0$0$0
KEVIN ARMSTRONG EDDSEC (UNTIL 7/24)/VP (AS OF 8/24)
Trustee or director, Officer
1$0$0$0
ANN-MARIE GLEASONTREASURER
Trustee or director, Officer
1$0$0$0
APRIL KNIGHTTREAS (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
NameTitleHours / weekCompensationFrom related orgsOther / benefits
L EARL FRANKSPRESIDENT
Trustee or director, Officer
5$0$308,520$55,238
LIZA CARABALLO-SUAREZ EDDSEC. (UNTIL 7/23)/VP (AS OF 8/23)
Trustee or director, Officer
1$0$0$0
DAVE STECKLERVICE PRESIDENT (UNTIL 7/23)
Trustee or director, Officer
1$0$0$0
KEVIN ARMSTRONG EDDTRES. (UNT 7/23)/SEC. (AS OF 8/23)
Trustee or director, Officer
1$0$0$0
APRIL KNIGHTTREASURER (AS OF 8/23)
Trustee or director, Officer
1$0$0$0
990 for the year ended June 30, 2023: 5 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
L EARL FRANKSPRESIDENT
Trustee or director, Officer
5$0$302,915$51,268
DAVE STECKLERSEC. (UNTIL 7/22)/VP (AS OF 8/22)
Trustee or director, Officer
1$0$0$0
PAUL WENGERVICE PRESIDENT (UNTIL 7/22)
Trustee or director, Officer
2$0$0$0
KEVIN ARMSTRONG EDDTREASURER (AS OF 8/22)
Trustee or director
1$0$0$0
LIZA CARABALLO-SUAREZ EDDTREAS. (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.

990 for the year ended June 30, 2025

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 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
Assets (IRS master file)
$795,777
Income (IRS master file)
$173,046

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$173,046$336,168$795,777IRS
990June 2024$382,002$315,145$971,155IRS
990June 2023$353,924$566,887$1,054,062XML
990June 2022$773,858$348,093$1,175,517IRS
990June 2021–––IRS
990June 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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