Jonathan M Nelson Family Foundation
Only null% goes to programs Strong reserves Declining revenue
Jonathan M Nelson Family Foundation is a 501(c)(3) organization based in Providence, Rhode Island, registered in 1999, with $9,396,755 in FY2023 revenue. CharityIndex grades it C+.
50 Kennedy Plaza 18th Floor, Providence, RI, 02903 EIN 05-0504814 Since 1999
Revenue (FY2023)
$9.4M
▼ 74.1% vs prior year
Philanthropy median: $168K
Expenses (FY2023)
$5.9M
Net assets
$174.2M
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 Jonathan M Nelson Family Foundation— 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 rating356 mo reserves · +37% 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 Jonathan M Nelson Family Foundation: 356 mo reserves · +37% 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 Jonathan M Nelson Family 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 Jonathan M Nelson Family Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 50 Kennedy Plaza 18th Floor, Providence, RI, 02903
- City
- Providence
- State
- Rhode Island
- Subcategory
- Private Foundations
- Phone
- …
Financial trends
Revenue declined from $26.5M (FY2020) to $9.4M (FY2023) across 4 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $0Net assets $174.2M
Operating margin
37.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$174.2M
Total liabilities
$0
Net assets
$174.2M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $9,396,755▼74.1% | $5,874,911▼25.8% | $174,217,203▼3.2% | $174,217,203▼3.2% | 990PF |
| 2022 | $36,284,929▼55.6% | $7,915,050▲248% | $180,007,191▲15.3% | $180,007,191▲15.3% | 990PF |
| 2021 | $81,812,729▲209% | $2,277,081▼59.8% | $156,185,249▲73.2% | $156,185,249▲73.2% | 990PF |
| 2020 | $26,450,466 | $5,671,193 | $90,197,114 | $90,197,114 | 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.
Leadership & compensation (FY2023)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| David K Duffell | Trustee | 0 | — |
| Jane S Nelson | Trustee | 0 | — |
| Jonathan M Nelson | Director | 0 | — |
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Frequently asked questions
- Is Jonathan M Nelson Family Foundation a legitimate nonprofit?
- Yes. Jonathan M Nelson Family Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 05-0504814, based in Providence, Rhode Island. Donations are tax-deductible.
- What is Jonathan M Nelson Family Foundation's EIN?
- Jonathan M Nelson Family Foundation's Employer Identification Number (EIN) is 05-0504814.
- How much revenue does Jonathan M Nelson Family Foundation report?
- Jonathan M Nelson Family Foundation reported $9,396,755 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Jonathan M Nelson Family Foundation have?
- CharityIndex grades Jonathan M Nelson Family Foundation C+, based on financial health (reserves and operating margin).
- How much does Jonathan M Nelson Family Foundation's highest-paid employee make?
- The highest reported compensation on Jonathan M Nelson Family Foundation's latest Form 990 is $0, paid to David K Duffell (Trustee).
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Data for Jonathan M Nelson Family Foundation (EIN 05-0504814) 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.