Frank C & Christel W Nichols Ch Fd is a 501(c)(3) organization based in Boston, Massachusetts, registered in 1985, with $193,607 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$194K
▼ 48.3% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$297K
Net assets
$4.5M
Employees
—
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. Not scored for Frank C & Christel W Nichols Ch Fd— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). 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 Frank C & Christel W Nichols Ch Fd: 180 mo reserves · -53% margin earns a F 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. Not scored for Frank C & Christel W Nichols Ch Fd— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). 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 Frank C & Christel W Nichols Ch Fd: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $102K (FY2020) to $194K (FY2024) across 5 reported years.
Financial snapshot
Operating margin
-53.2%
Spent more than it raised in the latest fiscal year.
Total assets
$4.5M
Total liabilities
$0
Net assets
$4.5M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $193,607▼48.3% | $296,623▼32.9% | $4,459,086▼2.2% | $4,459,086▼2.2% | 990PF |
| 2023 | $374,428▲121% | $441,887▲51.0% | $4,558,110▼2.9% | $4,558,110▼2.9% | 990PF |
| 2022 | $169,386▼49.4% | $292,632▼7.6% | $4,694,492▼4.5% | $4,694,492▼4.5% | 990PF |
| 2021 | $334,836▲228% | $316,625▲4.1% | $4,913,528▲0.4% | $4,913,528▲0.4% | 990PF |
| 2020 | $102,004 | $304,236 | $4,895,317 | $4,895,317 | 990PF |
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.
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Data for Frank C & Christel W Nichols Ch Fd (EIN 04-6007299) 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.