George M and Jo Elyn Nyman Charitable Tr
Only null% goes to programs Strong reserves Growing revenue
George M and Jo Elyn Nyman Charitable Tr is a 501(c)(3) organization based in Birmingham, Michigan, registered in 2019, with $2,029,074 in FY2024 revenue. CharityIndex grades it C+.
115 W Brown St, Birmingham, MI, 48009 EIN 81-7061598 Since 2019
Revenue (FY2024)
$2.0M
▲ 8.6% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$344K
Net assets
$1.8M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
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 George M and Jo Elyn Nyman Charitable Tr— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating63 mo reserves · +83% margin
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 George M and Jo Elyn Nyman Charitable Tr: 63 mo reserves · +83% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 George M and Jo Elyn Nyman Charitable Tr— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
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 George M and Jo Elyn Nyman Charitable Tr: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 115 W Brown St, Birmingham, MI, 48009
- City
- Birmingham
- State
- Michigan
- Subcategory
- Private Foundations
Financial trends
Revenue grew from $605K (FY2018) to $2.0M (FY2024) across 7 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $1.8M
Operating margin
83.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.8M
Total liabilities
$0
Net assets
$1.8M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,029,074▲8.6% | $343,500▲15.7% | $1,810,534▲42.6% | $1,810,534▲42.6% | 990PF |
| 2023 | $1,868,787▲624% | $296,850▲52.5% | $1,269,536▲89.4% | $1,269,536▲89.4% | 990PF |
| 2022 | $258,244▼18.9% | $194,600▼3.9% | $670,161▲10.5% | $670,161▲10.5% | 990PF |
| 2021 | $318,255▼36.5% | $202,551▲22.4% | $606,517▲23.6% | $606,517▲23.6% | 990PF |
| 2020 | $501,561▲115% | $165,500▼14.8% | $490,813▼22.5% | $490,813▼22.5% | 990PF |
| 2019 | $233,704▼61.4% | $194,200▲59.3% | $633,584▲6.6% | $633,584▲6.6% | 990PF |
| 2018 | $605,224 | $121,900 | $594,080 | $594,080 | 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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Frequently asked questions
- Is George M and Jo Elyn Nyman Charitable Tr a legitimate nonprofit?
- Yes. George M and Jo Elyn Nyman Charitable Tr is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 81-7061598, based in Birmingham, Michigan. Donations are tax-deductible.
- What is George M and Jo Elyn Nyman Charitable Tr's EIN?
- George M and Jo Elyn Nyman Charitable Tr's Employer Identification Number (EIN) is 81-7061598.
- How much revenue does George M and Jo Elyn Nyman Charitable Tr report?
- George M and Jo Elyn Nyman Charitable Tr reported $2,029,074 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does George M and Jo Elyn Nyman Charitable Tr have?
- CharityIndex grades George M and Jo Elyn Nyman Charitable Tr C+, based on financial health (reserves and operating margin).
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Data for George M and Jo Elyn Nyman Charitable Tr (EIN 81-7061598) 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.