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Nonprofit · EIN 11-2741490

NATIONAL ASSOCIATION OF SCHOLARS INC

Also known as IOWA ASSOCIATION OF SCHOLARS

Tax-exempt · NEW YORK, NY 10018

Financials

$3M$2.7M2023$4M$2.9M2024$2.8M$3.2M2025
Revenue Expenses · by fiscal year end
Financials of NATIONAL ASSOCIATION OF SCHOLARS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$2,760,404$3,222,848-$462,444$6,797,430$512,934$6,284,496
December 31, 2024990$3,980,655$2,949,924$1,030,731$6,618,947$475,732$6,143,215
December 31, 2023990$2,967,555$2,739,804$227,751$5,284,823$373,659$4,911,164
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$2,586,245
Membership dues
$196,982
Program service revenue
$0
Investment income
$172,849
Net gain from sales of assets
-$16,237
Other revenue
$1,310

Expenses

Grants and similar amounts paid
$211,400
Compensation of officers, directors and key employees
$274,818
Salaries, compensation and benefits (total)
$2,013,737
Professional fundraising fees
$57,207
Legal fees
$5,420
Accounting fees
$16,520
Occupancy
$100,253
Travel
$82,626
Depreciation
$3,381
Program services (functional)
$2,814,442
Management and general (functional)
$351,199
Fundraising (functional)
$57,207

Balance sheet and other

Total assets, start of year
$6,618,947
Total assets, end of year
$6,797,430
Total liabilities, end of year
$512,934
Net assets, end of year
$6,284,496
Land, buildings and equipment
$131,868
Net assets without donor restrictions
$5,977,781
Net assets with donor restrictions
$306,715
Gross receipts
$3,553,868
Employees
0
Volunteers
0
Year formed
1987
State of legal domicile
NY

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 December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
PETER WOODPRESIDENT
Officer
40$303,561
CHRISTOPHER GONZALEZDEVELOPMENT DIRECTOR
Highest-paid employee
40$109,953
PETRU KOKORACONTROLLER
Highest-paid employee
40$108,228
DANIEL ASIAMEMBER
Trustee or director
0.5$0
STEPHEN BALCHMEMBER
Trustee or director
0.5$0
JAY BERGMANMEMBER & SECRETARY
Trustee or director, Officer
2$0
WARD CONNERLYMEMBER
Trustee or director
0$0
GEORGE W DENT JRMEMBER
Trustee or director
0.5$0
DAVID GORDONMEMBER
Trustee or director
0$0
GAIL L HERIOTMEMBER
Trustee or director
0$0
THOMAS KLINGENSTEINMEMBER
Trustee or director
0.5$0
WIGHT MARTINDALEMEMBER
Trustee or director
0$0
RICHARD VEDDERMEMBER & TREASURER
Trustee or director, Officer
1$0
BRADLEY CS WATSONMEMBER
Trustee or director
0.5$0
AMY WAXMEMBER
Trustee or director
0$0
6 more people on this return
NameTitleHours / weekCompensation
ALBERT KEITH WHITAKERMEMBER & CHAIRMAN
Trustee or director, Officer
1$0
JOSHUA KATZMEMBER
Trustee or director
1$0
ADAM KISSELMEMBER
Trustee or director
0.5$0
ALEXANDER RILEYMEMBER
Trustee or director
0.5$0
ELIZABETH WEISSMEMBER
Trustee or director
0$0
WILFRED MCCLAYMEMBER
Trustee or director, Officer
2$0
990 for the year ended December 31, 2024: 18 people
NameTitleHours / weekCompensationOther / benefits
PETER WOODPRESIDENT
Officer
40$282,069$17,661
DANIEL ASIAMEMBER
Trustee or director
0$0$0
STEPHEN BALCHMEMBER
Trustee or director
0$0$0
JAY BERGMANMEMBER & SECRETARY
Trustee or director, Officer
0$0$0
WARD CONNERLYMEMBER
Trustee or director
0$0$0
GEORGE W DENT JRMEMBER
Trustee or director
0$0$0
DAVID GORDONMEMBER
Trustee or director
0$0$0
GAIL L HERIOTMEMBER
Trustee or director
0$0$0
THOMAS KLINGENSTEINMEMBER
Trustee or director
0$0$0
WIGHT MARTINDALEMEMBER
Trustee or director
0$0$0
RICHARD VEDDERMEMBER & TREASURER
Trustee or director, Officer
0$0$0
BRADLEY CS WATSONMEMBER
Trustee or director
0$0$0
AMY WAXMEMBER
Trustee or director
0$0$0
ALBERT KEITH WHITAKERMEMBER & CHAIRMAN
Trustee or director, Officer
0$0$0
JOSHUA KATZMEMBER
Trustee or director
0$0$0
ADAM KISSELMEMBER
Trustee or director
0$0$0
ALEXANDER RILEYMEMBER
Trustee or director
0$0$0
ELIZABETH WEISSMEMBER
Trustee or director
0$0$0
990 for the year ended December 31, 2023: 16 people
NameTitleHours / weekCompensationOther / benefits
PETER WOODPRESIDENT
Officer
40$279,334$16,727
DANIEL ASIAMEMBER
Trustee or director
0$0$0
STEPHEN BALCHMEMBER
Trustee or director
0$0$0
JAY BERGMANMEMBER & SECRETARY 10-2022
Trustee or director
0$0$0
PETER BERKOWITZMEMBER
Trustee or director
0$0$0
WARD CONNERLYMEMBER
Trustee or director
0$0$0
GEORGE W DENT JRMEMBER
Trustee or director
0$0$0
DAVID GORDONMEMBER
Trustee or director
0$0$0
GAIL L HERIOTMEMBER
Trustee or director
0$0$0
THOMAS KLINGENSTEINMEMBER & TREASURER
Trustee or director, Officer
0$0$0
WIGHT MARTINDALEMEMBER
Trustee or director
0$0$0
RICHARD VEDDERMEMBER
Trustee or director
0$0$0
BRADLEY CS WATSONMEMBER
Trustee or director
0$0$0
AMY WAXMEMBER
Trustee or director
0$0$0
ALBERT KEITH WHITAKERMEMBER & CHAIRMAN
Trustee or director, Officer
0$0$0
BRUCE GILLEYMEMBER
Trustee or director
0$0$0

Address and contacts

Address (IRS master file)
13 W 36TH STREET 4TH FLOOR, NEW YORK, NY 10018-7138
Mailing address (990-N for 2009)
600 North Jackson Street, Mount Pleasant IA 52641
Principal officer (990 for 2025)
PETER WOOD, 13 W 36TH STREET 4TH FLOOR, NEW YORK, NY 10018
Principal officer (990-N for 2009)
Dr Don Racheter, 600 North Jackson Street, Mount Pleasant IA 52641
Signed the 990
PETER WOOD, PRESIDENT
Phone
(917) 551-6770
Return prepared by
ROSENBLOOM & BUTLER CPAS PC

Mission

THE NATIONAL ASSOCIATION OF SCHOLARS IS A NETWORK OF SCHOLARS AND OTHERS COMMITTED TO UPHOLDING THE STANDARDS OF A LIBERAL ARTS EDUCATION THAT FOSTERS INTELLECTUAL FREEDOM, INVESTIGATE RELEVANT ISSUES, AND PROMOTE HIGHER EDUCATION.

990 for the year ended December 31, 2025

Program accomplishments

  • JOURNALS & REPORTSPUBLISHED A QUARTERLY JOURNAL, ACADEMIC QUESTIONS, WHICH EXPLORES THE VICES AND VIRTUES OF THE CONTEMPORARY UNIVERSITY. ISSUES ARE OFTEN THEMED AND INCLUDE SCHOLARLY ARTICLES, BOOK REVIEWS, POETRY, AND ITEMS OF ACADEMIC INTEREST. A SUBSCRIPTION TO ACADEMIC QUESTIONS IS INCLUDED IN NAS MEMBERSHIP. PUBLISH STUDIES THAT EXAMINE CURRICULA AND OTHER ASPECTS OF HIGHER EDUCATION POLICY AND PRACTICE. THESE STUDIES DOCUMENT TRENDS IN CONTEMPORARY ACADEMIA. THEY AIM TO STIMULATE IMPROVEMENTS TO THE QUALITY OF EDUCATION IN OUR COLLEGES AND UNIVERSITIES.
    Expenses $2,678,300 · grants $211,400
  • ADVOCACY, COMMENTARY AND MEETINGSNATIONAL ASSOCIATION OF SCHOLARS ADVOCATES FOR HIGHER EDUCATION REFORM AND FREEDOM OF SPEECH AND CONSCIENCE. WE ENGAGE PUBLIC SUPPORT FOR WORTHY REFORMS. IN OUR WRITING WE ADVOCATE PUBLICLY FOR THE INTELLECTUAL FREEDOM OF FACULTY MEMBERS, ADMINISTRATORS, STUDENTS, AND INVITED CAMPUS SPEAKERS. OUR WEBSITE PRESENTS DAILY OPINION AND COMMENTARY ON DEVELOPMENTS AND TRENDS IN HIGHER EDUCATION. A HIGH-TRAFFIC DESTINATION LINKED BY MAJOR ONLINE PUBLICATIONS, NAS.ORG PUBLISHES SUBSTANTIAL OP-ED STYLE ARTICLES BY GUEST AUTHORS AND NAS STAFF, ALONG WITH DEBATES AND VIDEOS.NAS HOLDS NATIONAL AND REGIONAL MEETINGS THAT FOCUS ON IMPORTANT ISSUES AND PUBLIC POLICY DEBATES IN HIGHER EDUCATION TODAY. AT THESE MEETINGS AND CONFERENCES, THOSE CONCERNED ABOUT HIGHER EDUCATION CONVENE TO DISCUSS ISSUES OF THE MOMENT, PROPOSE REFORMS, AND RECOGNIZE INDIVIDUAL ACHIEVEMENTS.
    Expenses $136,142

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
11-2741490
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Group exemption
Exempt since
1991
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B40C)
Group exemption
3305 (42 member organizations)
Assets (IRS master file)
$6,797,430
Income (IRS master file)
$3,553,868

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$2,760,404$3,222,848$6,797,430XML
990December 2024$3,980,655$2,949,924$6,618,947XML
990December 2023$2,967,555$2,739,804$5,284,823XML
990December 2022$2,633,316$2,501,741$4,510,008IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990-N for 2009
Officer: Dr Don Racheter
December 31, 2009≤ $50,000 receipts––e-Postcard

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 11-2741490).

Questions about NATIONAL ASSOCIATION OF SCHOLARS INC

What is the EIN of NATIONAL ASSOCIATION OF SCHOLARS INC?
The employer identification number (EIN) of NATIONAL ASSOCIATION OF SCHOLARS INC is 11-2741490.
Is NATIONAL ASSOCIATION OF SCHOLARS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1991.
Are donations to NATIONAL ASSOCIATION OF SCHOLARS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Group exemption).
Which annual return does NATIONAL ASSOCIATION OF SCHOLARS INC 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 ASSOCIATION OF SCHOLARS INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NATIONAL ASSOCIATION OF SCHOLARS INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of NATIONAL ASSOCIATION OF SCHOLARS INC?
The 990 for the year ended December 31, 2025 names PETER WOOD.
Who are the officers and directors of NATIONAL ASSOCIATION OF SCHOLARS INC?
The 990 for the year ended December 31, 2025 lists 21 people; 3 received compensation from the organization, the highest $303,561 (PETER WOOD, PRESIDENT).
How much revenue does NATIONAL ASSOCIATION OF SCHOLARS INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $2,760,404, expenses of $3,222,848 and total assets of $6,797,430 at year end.

Organizations in its group exemption (42)

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