National Spectrum Consortium Inc is a 501(c)(6) organization based in Washington, District of Columbia, registered in 2022, with $212,726,410 in FY2024 revenue. CharityIndex grades it B, and it directs about 100% of spending to programs.
Revenue (FY2024)
$212.7M
▲ 567.6% vs prior year
Science & Tech median: $288K
Expenses (FY2024)
$212.0M
Net assets
$6.4M
Employees
3
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For National Spectrum Consortium Inc: 100% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For National Spectrum Consortium Inc: 0 mo reserves · +0% margin earns a C on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For National Spectrum Consortium Inc: 4 of 6 checks met earns a B on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For National Spectrum Consortium Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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The national spectrum consortium (nsc) is a mission-driven nonprofit focused on advanced wireless technology development in the u.s. nsc achieves this vision by facilitating high-value r&d and prototyping projects designed to solve spectrum challenges that cut across multiple industry sectors, fields of research, and government agency responsibilities. nsc is uniquely able to focus the resources of industry, academia, and government on us wireless leadership through its ota contract vehicle and diverse membership organization of over 300 companies and research groups to benefit these members and the entire wireless ecosystem
Each ota subcontractor provides a pro-rated fee to support nsc programs, including working groups and member events. through working groups and member events, we help nsc members better understand the problems the government would like to solve, and the government learns about the state of the art from our wide array of consortium member innovators.
The dod funds nsc management of ota project subawards, including solicitation of new awards, amending/updating subward agreements, financial management, contract and security compliance, and subaward closeout. in 2025, nsc oversaw the solicitation of six new request for prototype proposals (rpps) resulting in 14 new awards.
Revenue grew from $2.3M (FY2022) to $212.7M (FY2024) across 3 reported years.
Financial snapshot
Operating margin
0.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$34.9M
Total liabilities
$28.5M
Net assets
$6.4M
Salaries & benefits
$941K
0% of expenses
Board members
11
11 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $212,726,410▲568% | $212,035,375▲583% | $6,408,860▲12.1% | $34,924,537▲203% | 990 |
| 2023 | $31,866,056▲1274% | $31,067,062▲1110% | $5,717,825▲16.2% | $11,539,744▲119% | 990 |
| 2022 | $2,318,655 | $2,566,771 | $4,918,831 | $5,280,316 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Highest-paid: Joseph Kochan — $400,000 (0.19% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Joseph Kochan | Executive Director, Secretary | 40 | $400,000 |
| John Jadhon | Coo & General Counsel | 20 | $192,000 |
| Nancy Jemison | Treasurer | 5 | $82,699 |
| Apurva Mody | Director | 1 | — |
| Art King | Director | 1 | — |
| Chris Christou | Director | 1 | — |
| Jeffrey Evans | Vice Chair | 5 | — |
| Kamran Mahbobi | Director As of 06/01/25 | 1 | — |
| Ken Riordan | Director Thru 06/01/25 | 1 | — |
| Lingjia Liu | Director | 1 | — |
| Lizy Paul | Director As of 01/01/25 | 1 | — |
| Salvador D'itri | Chair | 5 | — |
| Shaun Mccarthy | Director As of 01/01/25 | 1 | — |
| Sheryl Genco | Director | 1 | — |
| Walt Magnussen | Director | 1 | — |
| Contractor | Services | Paid |
|---|---|---|
| Techximius DBA Tech(x) | Request For Prototype Proposal Payments | $29,000,000 |
| Andruil | Request For Prototype Proposal Payments | $23,500,000 |
| Bluehalo Labs LLC | Request For Prototype Proposal Payments | $20,854,874 |
| L3harris Technologies Inc | Request For Prototype Proposal Payments | $20,145,398 |
| Peraton Labs | Request For Prototype Proposal Payments | $16,374,469 |
Explore more
Data for National Spectrum Consortium Inc (EIN 88-1444289) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.