Helen A Nigro Foundation
Only null% goes to programs Strong reserves Declining revenue
Helen A Nigro Foundation is a 501(c)(3) organization based in Newburyport, Massachusetts, registered in 2003, with $35,147 in FY2024 revenue. CharityIndex grades it F.
Co Nigro Pettepit Lucas 1 Inn, Newburyport, MA, 01950 EIN 30-6052351 Since 2003
Revenue (FY2024)
$35K
▲ 26.8% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$65K
Net assets
$789K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—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 Helen A Nigro Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating146 mo reserves · -84% 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 Helen A Nigro Foundation: 146 mo reserves · -84% margin earns a F 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 Helen A Nigro Foundation— 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 Helen A Nigro Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Co Nigro Pettepit Lucas 1 Inn, Newburyport, MA, 01950
- City
- Newburyport
- State
- Massachusetts
- Subcategory
- Private Foundations
Financial trends
Revenue declined from $64K (FY2014) to $35K (FY2024) across 10 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $789K
Operating margin
-83.9%
Spent more than it raised in the latest fiscal year.
Total assets
$789K
Total liabilities
$0
Net assets
$789K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $35,147▲26.8% | $64,652▼3.5% | $788,999▼3.6% | $788,999▼3.6% | 990PF |
| 2023 | $27,719▼44.2% | $66,973▲1.5% | $818,864▼4.7% | $818,864▼4.7% | 990PF |
| 2022 | $49,647▼69.3% | $66,002▲35.1% | $859,600▼1.0% | $859,600▼1.0% | 990PF |
| 2021 | $161,878▼41.3% | $48,843▼6.5% | $868,421▲5.3% | $868,421▲5.3% | 990PF |
| 2020 | $275,598▲325% | $52,248▲17.9% | $824,432▲37.3% | $824,432▲37.3% | 990PF |
| 2019 | $64,840▲12.0% | $44,326▲48.7% | $600,599▲11.1% | $600,599▲11.1% | 990PF |
| 2017 | $57,899▼7.7% | $29,815▼21.0% | $540,356▲5.5% | $540,356▲5.5% | 990PF |
| 2016 | $62,754▼16.8% | $37,745▲12.9% | $512,272▲5.1% | $512,272▲5.1% | 990PF |
| 2015 | $75,463▲17.7% | $33,446▲5.3% | $487,263▲9.4% | $487,263▲9.4% | 990PF |
| 2014 | $64,107 | $31,772▲209% | $445,246▲59.4% | $445,246▲59.4% | 990PF |
| 2010 | — | $10,293 | $279,248 | $279,248 | 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 Helen A Nigro Foundation a legitimate nonprofit?
- Yes. Helen A Nigro Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 30-6052351, based in Newburyport, Massachusetts. Donations are tax-deductible.
- What is Helen A Nigro Foundation's EIN?
- Helen A Nigro Foundation's Employer Identification Number (EIN) is 30-6052351.
- How much revenue does Helen A Nigro Foundation report?
- Helen A Nigro Foundation reported $35,147 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Helen A Nigro Foundation have?
- CharityIndex grades Helen A Nigro Foundation F, based on financial health (reserves and operating margin).
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Data for Helen A Nigro Foundation (EIN 30-6052351) 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.