Foundation of the National Automatic Merchandising Assoc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
TO STRENGTHEN AND ADVANCE THE CONVENIENCE SERVICES INDUSTRY THROUGH STRATEGIC SUPPORT OF ADVOCACY, EDUCATION AND RESEARCH INITIATIVES.
- Income
- $346,092
- Spending
- $275,743
- Spent on programs
- 56%
- Reserves
- 40.4 months of spending
- Largest source of income
- donations and private grants, 87%
- Employees
- 0
- Volunteers
- 19
- Highest pay
- $799,646, president & ceo
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 93 out of 100.
Reserves
35 of 35Spendable reserves would cover 40.4 months of spending.
Debt
20 of 20It owes 11% of what it owns.
Living within its means
15 of 15Income exceeded spending by 20% of income.
Income trend
15 of 15Income rose 68% on the year before.
Spending floor
8 of 1556% of spending went to programs and raising each dollar of donations cost 26 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 85 out of 100.
Independent board
25 of 2515 of 15 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $154,938 spent. VOICE: THE NAMA FOUNDATION PROVIDES INFORMATION AND INSIGHTS FOR USE IN EDUCATING THE GENERAL PUBLIC AND GOVERNMENT OFFICIALS, POSITIVELY SHAPING PERCEPTION OF THE INDUSTRY AND ITS INTEREST.EDUCATION AND RESEARCH: THE EDUCATION AND RESEARCH FUNCTION ALLOWS THE FOUNDATION TO BE THE PREMIER KNOWLEDGE SOURCE FOR INDUSTRY MEMBERS.MEETINGS AND EVENTS: THE MEETINGS AND EVENTS FUNCTION ALLOW PARTICIPANTS TO BUILD RELATIONSHIPS WITH INDUSTRY PEERS THROUGH DYNAMIC, GROWTH-ORIENTED AND ESSENTIAL BUSINESS FORUMS.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since June 1982.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.