- Revenue 2024
- $20,586,275
- Expenses 2024
- $20,485,769
Program services were 74.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 03
- NTEE code
- B190
- Classification
- 1000
- Street
- 169 MADISON AVE 2797
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Mission and programs · 2024
Mission
NAF SOLVES SOME OF THE BIGGEST CHALLENGES FACING EDUCATION AND THE ECONOMY BY BRINGING EDUCATION, BUSINESS, AND COMMUNITY LEADERS TOGETHER TO TRANSFORM THE HIGH SCHOOL EXPERIENCE.
-
THE ACADEMY OF FINANCE, WHICH OPERATES 127 ACADEMIES, CONNECTS HIGH SCHOOL STUDENTS WITH THE WORLD OF FINANCIAL SERVICES AND PERSONAL FINANCE, OFFERING A CURRICULUM THAT COVERS BANKING AND CREDIT, FINANCIAL PLANNING, GLOBAL FINANCE SECURITIES, INSURANCE, ACCOUNTING, AND ECONOMICS. THE ACADEMY OF FINANCE CURRICULUM AND CERTIFICATION IS VALIDATED BY THE COUNCIL FOR ECONOMIC EDUCATION.
Expenses $3,060,126 · Grants $136,944 · Revenue $476,073
-
THE ACADEMY OF INFORMATION TECHNOLOGY, WHICH OPERATES 87 ACADEMIES, PREPARES STUDENTS FOR CAREER OPPORTUNITIES IN COMPUTER NETWORKING, SYSTEMS, DATABASE DESIGN, DIGITAL VIDEO PRODUCTION, GRAPHIC DESIGN, AND PROGRAMMING. IN ADDITION, JUNIPER NETWORKS HAS AGREED UPON A PROGRAM OF STUDY, LINKED TO NAF ASSESSMENTS, WHICH WILL QUALIFY STUDENTS FOR ITS PROFESSIONAL TRAINING PROGRAM AND EARN A JUNIPER CERTIFICATE. ACADEMIES MAY ALSO USE COMPUTER SCIENCE CURRICULUM FROM PROJECT LEAD THE WAY, INC. (PLTW) AND SELECT COURSES FROM CISCO.
Expenses $2,096,307 · Grants $93,812 · Revenue $326,129
-
THE ACADEMY OF SCIENCE, TECHNOLOGY, ENGINEERING & MATHEMATICS (STEM) WHICH OPERATES 83 ACADEMIES, ANSWERS AN ACUTE NEED FOR ENGINEERS IN THIS COUNTRY BY EDUCATING HIGH SCHOOL STUDENTS IN THE PRINCIPLES OF ENGINEERING, PROVIDING CONTENT IN THE FIELDS OF ELECTRONICS, BIOTECH, AEROSPACE, CIVIL ENGINEERING, AND ARCHITECTURE. ACADEMIES USE CURRICULUM FROM PROJECT LEAD THE WAY, INC. (PLTW), THE STEM ACADEMY, OR PAXTON/PATTERSON. THEY ALSO BENEFIT FROM SUPPORT PROVIDED BY NATIONAL ACTION COUNCIL FOR MINORITIES IN ENGINEERING (NACME).
Expenses $1,999,925 · Grants $89,499 · Revenue $311,134
-
THE ACADEMY OF HEALTH SCIENCES, WHICH OPERATES 79 ACADEMIES, ADDRESSES THE CRITICAL ACHIEVEMENT GAP IN STEM FIELDS AND DEVELOPS A PIPELINE OF STUDENTS PREPARED TO PURSUE HEALTH-RELATED DEGREES AND PROFESSIONS IN ONE OF THE FASTEST GROWING SECTORS OF THE ECONOMY. COURSES INCLUDE CONTENT ON BIOTECHNOLOGY, ANATOMY, PHYSIOLOGY, AND GLOBAL HEALTH. ACADEMIES MAY USE BIOMEDICAL CURRICULUM FROM PROJECT LEAD THE WAY INC. (PLTW) OR THE HEALTH SCIENCES CAREERS CURRICULUM FROM PAXTON-PATTERSON. HOSAFUTURE HEALTH PROFESSIONALS ALSO PROVIDES OPPORTUNITIES FOR STUDENTS TO BUILD COLLEGE AND CAREER-READINESS SKILLS. THE NATIONAL CONSORTIUM FOR HEALTH SCIENCE EDUCATION PROVIDES AN ONLINE MODULE FOR WORK-BASED LEARNING.
Expenses $8,120,178 · Grants $363,386 · Revenue $1,263,281
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Officers and directors · 2024
As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
GREGORY J HAYES
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 4
-
SANFORD I WEILL
CHAIRMAN EMERITUS
- Total calculated
- $0
- Hours/week
- 4
-
KENNETH I CHENAULT
VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 4
-
ROBERT F SMITH
VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 4
-
EUGENE A LUDWIG
SECRETARY
- Total calculated
- $0
- Hours/week
- 4
-
JEFFREY A BRILL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
URSULA M BURNS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
LYNNE M DOUGHTIE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
ALEX GORSKY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
ERIN MCSWEENEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
JENNIFER MORGAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
NICOLA PALMER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
THOMAS PENNY III
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
MARC REED
DIRECTOR, THRU 5/8/24
- Total calculated
- $0
- Hours/week
- 4
-
LARRY RENFRO
DIRECTOR, THRU 5/8/24
- Total calculated
- $0
- Hours/week
- 4
-
JAMES D ROBINSON III
DIRECTOR, THRU 3/18/24
- Total calculated
- $0
- Hours/week
- 4
-
JOSEPH J RUSSO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
DAVID L STEWARD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
SANDY TORCHIA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
JOSEPH M TUCCI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
MARC WEILL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
DANTAYA WILIAMS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
MATTHEW ZIELINSKI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
LISA PAULETTE DUGHI
CHIEF EXECUTIVE OFFICER
- Total calculated
- $491,421
- From this org
- $452,616
- From related orgs
- $0
- Other
- $38,805
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $446,016
- Bonus
- $0
- Other
- $6,600
- Deferred
- $27,600
- Nontaxable benefits
- $11,205
- Filer's total
- $491,421
-
COLLEEN M DEVERY
CHIEF STRATEGY OFFICER
- Total calculated
- $271,742
- From this org
- $218,957
- From related orgs
- $0
- Other
- $52,785
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $209,857
- Bonus
- $2,500
- Other
- $6,600
- Deferred
- $19,105
- Nontaxable benefits
- $33,680
- Filer's total
- $271,742
The first 25 listed. 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. Earlier years are each on their own filing page.
Filings
-
2024
- Revenue
- $20,586,275
- Expenses
- $20,485,769
- Contributions
- $18,199,677
- Grants paid
- $683,641
-
2023
- Revenue
- $20,349,887
- Expenses
- $25,166,675
- Contributions
- $17,537,676
- Grants paid
- $1,181,638
-
2022
- Revenue
- $13,558,397
- Expenses
- $24,565,644
- Contributions
- $11,626,385
- Grants paid
- $1,358,783
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Other returns filed
-
2021 · 990
- Revenue
- $18,819,868
- Expenses
- $23,124,545
- Assets (EOY)
- $28,094,768
-
2020 · 990
- Revenue
- $25,149,718
- Expenses
- $19,588,246
- Assets (EOY)
- $32,321,948
-
2019 · 990
- Revenue
- $26,802,503
- Expenses
- $23,550,264
- Assets (EOY)
- $26,121,624
-
2018 · 990
- Revenue
- $19,364,208
- Expenses
- $19,727,291
- Assets (EOY)
- $21,065,224
-
2017 · 990
- Revenue
- $23,084,494
- Expenses
- $19,066,788
- Assets (EOY)
- $23,483,503
-
2016 · 990
- Revenue
- $11,962,443
- Expenses
- $15,972,694
- Assets (EOY)
- $18,507,294
-
2014 · 990
- Revenue
- $10,064,785
- Expenses
- $14,374,394
- Assets (EOY)
- $21,129,251
-
2013 · 990
- Revenue
- $19,293,708
- Expenses
- $13,465,179
- Assets (EOY)
- $25,023,537
-
2012 · 990
- Revenue
- not reported
- Expenses
- $12,679,574
- Assets (EOY)
- $19,269,110
-
2011 · 990
- Revenue
- not reported
- Expenses
- $13,407,365
- Assets (EOY)
- $10,467,092
Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.
Grants made
-
FRIENDSHIP PUBLIC CHARTER SCHOOL INC
$200,000
2022 TECHNOLOGY LAB EQUIPMENT / RAYTHEON GRANT
-
$200,000
2022 TECHNOLOGY LAB EQUIPMENT/RAYTHEON GRANT
-
$150,000
2024 HARTFORD SUBGRANT THROUGH READYCT
-
$150,000
2023 SUBGRANT TO IMPLEMENT NAF MODEL WITH HARTFORD PUBLIC SCHOOLS
-
$150,000
2022 SUB-GRANT SPONSORED BY RAYTHEON GRANT
-
$118,250
2022 TECHNOLOGY LAB EQUIPMENT/RAYTHEON GRANT
-
NORTH CAROLINA STATE UNIVERSITY
$100,000
2023 NAF FUTURE READY SCHOLARS PROGRAM
-
NORTH CAROLINA STATE UNIVERSITY
$99,973
2022 TRIO PROGRAM SUMMER COLLEGE EXPERIENCE IN STEM
-
2024 SUBGRANT FOR ACADEMY DEVELOPMENT
-
2022 FUND II STEM SUB-GRANT
The 10 largest by cash amount. The API serves every itemized grant.
Grants received
-
2023 COMMUNITY & HUMAN SERVICES
-
2024 COMMUNITY & HUMAN SERVICES
-
2022 COMMUNITY & HUMAN SERVICES
-
AMERICAN ONLINE GIVING FOUNDATION INC
$2,572,209
2023 GENERAL SUPPORT
-
DONOR ADVISED CHARITABLE GIVING
$1,010,000
2023 EDUCATION
-
DONOR ADVISED CHARITABLE GIVING
$1,006,000
2022 EDUCATION
-
$1,000,000
2023 OPERATIONS
-
DONOR ADVISED CHARITABLE GIVING
$1,000,000
2024 EDUCATION
-
2024 TECHNOLOGY & EQUIPMENT
-
2022 PROGRAM DEVELOPMENT/EVALUATION
The 10 largest by cash amount. The API serves every itemized grant.
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Listed as of 13 October 2026, under deductibility PC.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 13 October 2026 and read 23 October 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.