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Virginia · Nonprofit

National Scholarship Providers Association

National Scholarship Providers Association (Virginia) receives grants from 9 organizations whose IRS filings report $3,063,551 to it, the largest being Michael & Susan Dell Foundation ($2,163,921). 6 of them have funded it in more than one year.

Revenue FY2024
$1.9M
Funders on record
9
Grants received
$3.1M
Net assets
$2.9M
6/9 repeat funderspeak grant-dependency 57%
01What it does

What National Scholarship Providers Association does

Mission

The mission of the National Scholarship Providers Association (NSPA) is to empower scholarship providers with the knowledge, skills, and resources needed to enhance the impact of scholarships. NSPA fosters a professional community that supports postsecondary success through networking, professional development, and access to best-in-class tools and resources.

As stated on its FY2024 Form 990.

Programs

  1. In 2024, NSPA supported scholarship professionals through a robust suite of member services, educational programming, and networking opportunities. The association served over 2,500 scholarship administrators representing 750 member organizations across North America and beyond. NSPA delivered 161 educational sessions through its annual in-person conference and year-round virtual webinars. More than 600 professionals attended the in-person conference, and over 3,600 participants engaged in the online learning events. Additionally, NSPA facilitated 110 mentor matches through its member mentoring program, fostering professional development and peer support across the scholarship provider community.

    $893,771 spent$673,408 earned by the program
    62% of program spending
  2. In 2024, NSPA expanded The Exchange, a first-of-its-kind national database of verified scholarship programs, developed with foundational support from the Michael & Susan Dell Foundation. The Exchange provides critical infrastructure for the scholarship field, enabling providers to benchmark programs, analyze trends, and make data-informed decisions. By the end of 2024, the Exchange included over 22,000 verified scholarship opportunities made available to students through NSPA's data partners, significantly improving access and visibility. Continued on Schedule O. In 2024, NSPA also launched a state-level partnership model beginning with Florida, resulting in the state's first comprehensive scholarship landscape report and the development of a Florida-specific database for residents. This replicable model is designed to be scaled nationwide to improve local and regional access to scholarships, while also contributing to national insights and best practices.

    $548,531 spent$120,813 earned by the program
    38% of program spending

The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $1,442,302.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($739k) Expenses 100 ($665k) Net assets 100 ($247k)2018 Revenue 109 ($806k) Expenses 102 ($677k) Net assets 152 ($377k)2019 Revenue 155 ($1.1M) Expenses 167 ($1.1M) Net assets 167 ($413k)2020 Revenue 160 ($1.2M) Expenses 160 ($1.1M) Net assets 215 ($531k)2021 Revenue 233 ($1.7M) Expenses 167 ($1.1M) Net assets 462 ($1.1M)2022 Revenue 276 ($2.0M) Expenses 284 ($1.9M) Net assets 523 ($1.3M)2023 Revenue 259 ($1.9M) Expenses 292 ($1.9M) Net assets 510 ($1.3M)2024 Revenue 252 ($1.9M) Expenses 241 ($1.6M) Net assets 1168 ($2.9M)
'17'18'19'20'21'22'23'24
Revenue (252)Expenses (241)Net assets (1168)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $1.3M to $3.3M (+147%).

$273k
$401k
$487k
$576k
$1.2M
$1.3M
$1.3M
$3.3M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 5%. Grants only. Government contracts and fees sit inside program revenue.

57% of National Scholarship Providers Association’s revenue is contributions — about as donation-reliant as the typical peer (81% for the typical peer).

This organization
Typical peer · 11,793 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 8 reported years ran a deficit.

$74k
’17
$129k
’18
$36k
’19
$119k
’20
$613k
’21
$150k
’22
−$32k
’23
$264k
’24
12
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Jackie Bright

Executive Director

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed1715151617161717
Joined·+1+1+2+3+3+3+2
No longer listed·3112422
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 2 funders to 3 funders, grant income rose $15k → $401k.

From the IRS filings of National Scholarship Providers Association’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

National Scholarship Providers Association leans on a few funders — its largest provides 71% of grant income and the top three 98%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

71%
largest funder
98%
top three
~2
effective funders

Largest funder’s share by year: 2017 99% · 2018 100% · 2020 83% · 2021 98% · 2022 99% · 2023 50% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

0% of National Scholarship Providers Association's funders are still giving 3 years after their first grant; 67% give in more than one year at all.

first grant+1y+2y+3y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

National Scholarship Providers Association draws 100% of its grant income from funders outside Virginia, across 8 states in all.

NY
MA
OR
IN
CO
VA
TX
FL

In-state vs out-of-state, by year

’17
’18
’20
’21
’22
’23
Virginia out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

National Scholarship Providers Association holds deeper cash reserves than three-quarters of the 11,263 human services nonprofits its size.

Operating margin14% · above the median
Months of reserve11.5mo · top quartile
Revenue growth (annualized)14% · above the median

this organization peer median middle 50% of peers· 11,263 human services nonprofits $1M–$10M, FY2024

Organizations like National Scholarship Providers Association

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Virginia

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

90% of spending goes to programs.

Program 90%Management 9%Fundraising 1%

Governance

16
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Public support

98%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 17 states

ME
WA
IL
NY
MA
OR
NV
PA
CT
CA
CO
VA
NM
DC
MS
GA
FL

Screen this organization

A dated, signed PDF of the compliance screen for National Scholarship Providers Association: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds National Scholarship Providers Association?
National Scholarship Providers Association (Virginia) receives grants from 9 organizations whose IRS filings report $3,063,551 to it, the largest being Michael & Susan Dell Foundation ($2,163,921). 6 of them have funded it in more than one year.
How many funders does National Scholarship Providers Association have?
IRS filings report 9 organizations giving $3,063,551 in grants to National Scholarship Providers Association, 6 of which have funded it in more than one year.
Who is the largest funder of National Scholarship Providers Association?
Michael & Susan Dell Foundation is the largest funder on record, with $2,163,921 in grants. The full list of funders is on this page.
How can an organization like National Scholarship Providers Association find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 9 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing