Form 990 for tax year 2024

Totals

Total revenue

$3,264,632

Total expenses

$4,970,330

Contributions and grants received

$2,617,401

Grants paid

$1,979,023

Program service revenue

$788,066

Investment income

$345,790

Other revenue

-$486,625

Total assets, end of year

$23,507,894

Total liabilities, end of year

$6,264,060

Net assets or fund balances, end of year

$17,243,834

Program services expenses (Part IX)

$3,319,014

Management and general expenses

$1,080,568

Fundraising expenses

$570,748

Program service expenses (Part III)

$3,319,014

Program services were 66.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Mission and programs · 2024

• SCHOLARSHIP PROGRAMS: NACME ADMINISTERS ONE OF THE NATION'S LARGEST PRIVATELY FUNDED SCHOLARSHIP PORTFOLIOS DEDICATED TO CULTIVATING THE NEXT GENERATION OF ENGINEERING AND TECHNOLOGY TALENT. THE PROGRAMS ARE STRUCTURED TO RECOGNIZE AND REWARD STRONG ACADEMIC PERFORMANCE, PERSISTENCE, AND DEMONSTRATED POTENTIAL FOR EXCELLENCE IN RIGOROUS TECHNICAL DISCIPLINES. THROUGH THESE SCHOLARSHIPS, NACME CONNECTS CORPORATE PARTNERS WITH A HIGHLY CAPABLE PIPELINE OF ENGINEERING AND COMPUTER SCIENCE STUDENTS WHO ARE PREPARED TO CONTRIBUTE TO INNOVATION AND INDUSTRY ADVANCEMENT. THE INITIATIVES ARE DESIGNED TO ELEVATE ACADEMIC SUCCESS, SUPPORT DEGREE COMPLETION, AND STRENGTHEN CAREER READINESS WHILE REINFORCING A CULTURE OF HIGH EXPECTATIONS AND ACHIEVEMENT ON CAMPUS. SCHOLARSHIPS PROVIDE FINANCIAL ASSISTANCE TO SCHOLARS, COMPLEMENTED BY A COMPREHENSIVE SUITE OF ACADEMIC, LEADERSHIP, AND PROFESSIONAL DEVELOPMENT RESOURCES. IN ADDITION, NACME'S SEARCHLIGHT CAREER CENTER SERVES AS A TALENT GATEWAY, FEATURING PROFILES OF SCHOLARS WHO ARE ACTIVELY PURSUING INTERNSHIPS AND EARLY-CAREER OPPORTUNITIES IN ENGINEERING AND TECHNOLOGY FIELDS.NACME STRENGTHENS PATHWAYS FROM ACADEMIC ACHIEVEMENT TO CAREERS BY CONNECTING SCHOLARS WITH INTERNSHIPS, CO-OPS, AND FULL-TIME OPPORTUNITIES ACROSS ENGINEERING AND TECHNOLOGY SECTORS. THROUGH SUSTAINED ENGAGEMENT WITH CORPORATE PARTNERS, NACME SUPPORTS WORKFORCE READINESS WHILE PROVIDING EMPLOYERS ACCESS TO A HIGH-PERFORMING, CAREER-READY TALENT PIPELINE.INFORMATION DISSEMINATION: NACME CONDUCTS MARKETING, COMMUNICATIONS, AND OUTREACH ACTIVITIES TO INFORM AND ENGAGE KEY STAKEHOLDERS, INCLUDING UNIVERSITIES, CORPORATE PARTNERS, PUBLIC SECTOR ENTITIES, AND PHILANTHROPIC ORGANIZATIONS. THE ORGANIZATION USES DIGITAL PLATFORMS, PUBLICATIONS, CONVENINGS, AND MULTIMEDIA CHANNELS TO SHARE INFORMATION ABOUT PROGRAMS, OUTCOMES, AND EFFECTIVE PRACTICES RELATED TO ENGINEERING AND TECHNOLOGY EDUCATION.THESE ACTIVITIES SUPPORT AWARENESS OF NACME'S SCHOLARSHIP PROGRAMS, CAREER READINESS INITIATIVES, AND RESEARCH EFFORTS, AND PROVIDE DATA-INFORMED RESOURCES THAT ASSIST STAKEHOLDERS IN STRENGTHENING TALENT DEVELOPMENT AND WORKFORCE INITIATIVES.RESEARCH AND PROGRAM EVALUATION: NACME CONDUCTS RIGOROUS RESEARCH AND EVALUATION TO ENSURE ITS PROGRAMS DELIVER MEASURABLE IMPACT AND REMAIN ALIGNED WITH WORKFORCE NEEDS. THROUGH DATA ANALYTICS, EXTERNAL EVALUATIONS, AND STAKEHOLDER CONVENINGS, NACME IDENTIFIES THE FACTORS THAT DRIVE PERSISTENCE, DEGREE ATTAINMENT, AND CAREER SUCCESS IN TECHNICAL FIELDS. INSIGHTS INFORM CONTINUOUS IMPROVEMENT ACROSS SCHOLARSHIPS, ACCELERATOR EXPERIENCES, AND CAREER READINESS INITIATIVES. FINDINGS ARE SHARED THROUGH STUDIES, BRIEFS, IMPACT REPORTS, AND DASHBOARDS TO SUPPORT EFFECTIVE PRACTICE, INSTITUTIONAL INNOVATION, AND WORKFORCE STRATEGY.ENGINEERING PUBLIC POLICY: NACME ENGAGES IN PUBLIC POLICY AND STAKEHOLDER EDUCATION ACTIVITIES TO INFORM DISCUSSIONS RELATED TO ENGINEERING AND TECHNOLOGY EDUCATION AND WORKFORCE DEVELOPMENT. THE ORGANIZATION CONVENES STAKEHOLDERS AND DEVELOPS POLICY BRIEFS, REPORTS, AND RELATED MATERIALS THAT EXAMINE ISSUES SUCH AS DEGREE ATTAINMENT, AFFORDABILITY, WORKFORCE READINESS, AND INSTITUTIONAL CAPACITY. THESE ACTIVITIES PROVIDE RESEARCH-BASED INSIGHTS AND RECOMMENDATIONS TO EDUCATORS, EMPLOYERS, AND POLICYMAKERS AND SUPPORT EFFORTS TO STRENGTHEN PATHWAYS TO ENGINEERING AND TECHNOLOGY CAREERS.

  Expenses $3,319,014 · Grants $1,979,023 · Revenue $788,066

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

• UNIVERSITY OF GEORGIA

  $48,000

  SCHOLARSHIP & PROGRAM

• LOUISIANA STATE UNIVERSITY

  $33,375

  SCHOLARSHIP

• UNIVERSITY OF WASHINGTON

  $31,500

  SCHOLARSHIP

• KETTERING UNIVERSITY

  $29,625

  SCHOLARSHIP

• LEHIGH UNIVERSITY

  $27,750

  SCHOLARSHIP

• UNIVERSITY OF CALIFORNIA SAN DIEGO

  $27,750

  SCHOLARSHIP

• RUTGERS THE STATE UNIVERSITY OF NEW JERSEY

  $27,125

  SCHOLARSHIP

• NEW JERSEY INSTITUTE OF TECHNOLOGY

  $25,875

  SCHOLARSHIP

• UNIVERSITY OF CALIFORNIA DAVIS

  $25,875

  SCHOLARSHIP

• KANSAS STATE UNIVERSITY

  $25,500

  SCHOLARSHIP

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type

form_990

Tax year

2024

Filed

14 July 2026

IRS schema version

2024v5.5

Source object

202621959349300407

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.