NAICS 923110: Administration of education programs
NAICS 923110 is the industry code for administration of education programs. Use it on loan applications, tax forms and registrations. Lenders price it on the business's own numbers rather than an industry program.
What 923110 covers
This code covers government administration of education programs, such as state education departments, school district central offices and boards of education.
Included in this code
- State departments of education
- School boards
- School district central offices
- Education regulatory agencies
Not this code
- Schools: see 611110 Elementary and secondary schools
- Educational support services: see 611710 Educational support services
Businesses that use 923110
Financing for this trade
Agencies under 923110 are funded by appropriations and pay for buildings and equipment through bonds and lease purchase agreements rather than business loans. Companies that sell to education program administrators, such as curriculum publishers, edtech firms and consultants, use their own industry code and typically finance contracts with receivables lines, government contract factoring and SBA 7(a) loans.
Apply for funding with AIIs 923110 the right code for a school district administration or education department?
Yes, if the establishment administers education programs, such as a state education department or school district central office. Schools themselves use 611110 or another 61 code. Private educational consultants use 611710. Small businesses almost never use a 92 code, since sector 92 describes government itself rather than the companies that serve it.
Does 923110 have an SBA size standard?
No. Code 923110 covers government agencies, which are not businesses, so SBA does not set a size standard for it. A company that sells to education program administrators is measured by the size standard of its own industry code, and that is the code to use on SBA loan applications and small business set aside bids.
How do businesses that sell to education program administrators finance contracts?
Vendors to education program administrators, such as curriculum publishers, edtech firms and consultants, usually use a line of credit or invoice factoring backed by government receivables, since agencies often pay on 30 to 60 day terms. Equipment loans and SBA 7(a) loans fund growth. Lenders look at the contract, the agency's payment record, bonding where required and the vendor's performance history.
What does NAICS 923110 cover?
Administration of education programs. Industry level code in NAICS 2022, under 92 Public administration, 923 Administration of human resource programs, 9231 Administration of human resource programs, 92311 Administration of education programs.
What financing do NAICS 923110 businesses use?
Term loans, lines of credit, SBA loans and working capital are the usual products. Start an application and the AI matches the deal to lenders that fund this code.
Where do I put NAICS 923110?
On the SBA loan application, on federal Schedule C or Form 1120, on SAM.gov and state registrations, and on most lender applications. A business can report more than one code; use this one if it describes what produces most of your revenue.