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NATIONAL ASSOCIATION FOR TRUSTED EXCHANGE

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Tax-exempt status may be revoked

NATIONAL ASSOCIATION FOR TRUSTED EXCHANGE

EIN 46-2661901

What they do

IN 2017 NATES THREE LARGEST PROGRAMS BY EXPENSE WERE:1 - IN 2017 NATE CONTINUED to OPERATE ITS FLAGSHIP COMMUNITY OFFERING, THE NATE BLUE BUTTON for CONSUMERS (NBB4C) TRUST BUNDLE. A TRUST BUNDLE is A MECHANISM THAT SIMPLIFIES THE SECURE EXCHANGE of ELECTRONIC HEALTH INFORMATION AMONGST PARTICIPANTS and THOSE WHO SUBSCRIBE to THE BUNDLE.2 - NATE LED THE COMMUNITY of PARTICIPANTS and MEMBERS IN THE ON-GOING OPEN STANDARD DEVELOPMENT PROCESS LED BY HL7 INCLUDING PROVIDING LEADERSHIP of THE CONSUMER CENTERED DATA EXCHANGE TRACK AT MULTIPLE VENUES. THIS INCLUDES WORK to CORRELATE THE GLOBAL STANDARDS BEING ESTABLISHED ACROSS THE HEALTH IT ECO-SYSTEM and NATES TRUSTHARBOR CONCEPT INITIALLY PROTOTYPED IN 2016. THE TRUSTHARBOR DESCRIBES A MECHANISM BY WHICH A SECONDARY MARKET of APP ENDORSERS ARE ABLE to SECURELY APPLY THEIR ENDORSEMENTS to APPS IN A DISCOVERABLE FASHION SUCH THAT RELYING PARTIES MAY VERIFY THAT A GIVEN CONSUMER APPLICATION HAS THE ENDORSEMENTS REQUIRED BY THE DISCLOSER to PE

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Stop and check first

This record may have an IRS status problem. Do not give until you verify it.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkThere may be a problem with its nonprofit status. Check before giving.

Money report from 2017The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders5 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

48.87%of revenue went to mission work42.0% of expenses · Program services
$116.42spent for every $100 of revenueSpending was higher than revenue this year.
$0.03in assets for every $1 spent this yearSome assets cannot be spent right away.
100.0%of its money came from giftsOther money may come from services or investments.

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  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $8,513 this year. Ask whether that was planned or caused by a one-time event.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2017

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$51,830
Mission workProgram services$25,33048.87% of revenue42.0% of expenses
ManagementOffice and general costs0.00% of revenue0.0% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Total expenses$60,343116.42% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2017CurrentExpense mix: 42.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 116.42% of revenue
2016Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 96.92% of revenue

Money in and money out

Revenue$51,830
Expenses$60,343
Annual shortfall $8,513 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$25,330 · 42.0% of expenses
See all reported dollar amounts
Revenue$51,830
Expenses$60,343
Assets$2,069
Contributions$51,830
Mission work (program services)$25,330
People

Leadership and board

Tax year 2017

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (5)

AARON SEIBCEO

CHAD PETERSONVICE-CHAIR

PAUL CARTLANDCHAIR

ROBERT COTHRENSECRETARY

TERESA RIVERATREASURER

About this charity

Location
21213 SENECA CROSSING DRIVE, GERMANTOWN, MD 20876
County
Montgomery
In care of
AARON SEIB
Primary officer
AARON SEIB, CEO

How to reach them

Filing and classification

Latest tax year
2017
Tax period began
January 1, 2017
Return type
990EZ
Tax preparer
RAFFA PC
Revocation date
May 15, 2021

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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