National Association of Corporate Directors
1100 Wilson Blvd Ste 2500, Arlington, VA · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $47,685,789 | $47,887,816 | $36,758,805 |
| FY2024 | $47,020,166 | $45,583,705 | $32,802,774 |
| FY2023 | $44,806,719 | $42,017,959 | $28,739,608 |
| FY2022 | $38,350,875 | $37,682,259 | $22,061,664 |
| FY2021 | $38,154,231 | $29,883,329 | $24,417,278 |
| FY2020 | $29,674,430 | $31,818,071 | $18,398,574 |
| FY2019 | $37,947,871 | $37,027,047 | $19,488,060 |
| FY2018 | $34,830,818 | $33,807,170 | $16,797,888 |
| FY2017 | $31,948,355 | $29,283,390 | $16,647,875 |
| FY2016 | $28,482,014 | $26,603,219 | $13,661,239 |
| FY2015 | $27,173,545 | $24,252,583 | $11,996,260 |
| FY2014 | $22,896,295 | $21,146,092 | $9,366,006 |
| FY2013 | $19,829,866 | $18,851,353 | $7,399,783 |
| FY2012 | $17,018,460 | $16,266,605 | $6,338,102 |
Form 990 filings
The returns filed by National Association of Corporate Directors (EIN 52-2314113), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $0 | 0% |
| Program service revenue | $46,000,116 | 96% |
| Other revenue | $1,685,673 | 4% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $37,073,306 | 77% |
| Management & general | $10,814,510 | 23% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 96% of total revenue in FY2025.
- Program services accounted for 77% of functional expenses, management & general 23%, and fundraising 0%.
- 77% of functional expenses went to program services in FY2025. That is higher than 29.2% of 185 Public & Societal Benefit organizations nationwide (too few in VA for a state comparison).
- Net assets covered about 9.2 months of expenses at the end of the reporting year. That puts it in the 43rd percentile among 200 Public & Societal Benefit organizations in VA.
- Total revenue was higher than 97.5% of 201 Public & Societal Benefit organizations in VA.
- Total revenue rose from $17,018,460 in FY2012 to $47,685,789 in FY2025. Revenue increased in 12 and decreased in 1 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 2 of 14 reported years (FY2020, FY2025).
- Net assets grew from $6,338,102 to $36,758,805 between FY2012 and FY2025.
- Listed in the IRS Publication 78 data as a central organization with a group exemption; its subordinate units may also be eligible.
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
WE EMPOWER DIRECTORS AND TRANSFORM BOARDS TO BE FUTURE READY.
IRS status
| Ruling year | 2002 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | W03 — Public & Societal Benefit (in VA) |
| Donations | Listed in the IRS Publication 78 data as a central organization with a group exemption; its subordinate units may also be eligible. |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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