Lynda and Tom C Nichols Foundation is a 501(c)(3) organization based in Dallas, Texas, registered in 2018, with $22,513 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$23K
▲ 107.9% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$28K
Net assets
$510K
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 Lynda and Tom C Nichols Foundation— 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 Lynda and Tom C Nichols Foundation: 216 mo reserves · -26% margin earns a D 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 Lynda and Tom C Nichols Foundation— 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 Lynda and Tom C Nichols Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $550K (FY2017) to $23K (FY2024) across 8 reported years.
Financial snapshot
Operating margin
-25.9%
Spent more than it raised in the latest fiscal year.
Total assets
$510K
Total liabilities
$0
Net assets
$510K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $22,513▲108% | $28,347▲314% | $509,787▼1.1% | $509,787▼1.1% | 990PF |
| 2023 | $10,831▼56.8% | $6,848▼65.9% | $515,621▲0.8% | $515,621▲0.8% | 990PF |
| 2022 | $25,047▲409% | $20,068▼0.2% | $511,638▲1.0% | $511,638▲1.0% | 990PF |
| 2021 | $4,924▼51.1% | $20,103▼30.6% | $506,659▼2.9% | $506,659▼2.9% | 990PF |
| 2020 | $10,079▼37.4% | $28,984▲190% | $521,838▼3.5% | $521,838▼3.5% | 990PF |
| 2019 | $16,111▲17.3% | $10,000▼65.3% | $540,743▲1.1% | $540,743▲1.1% | 990PF |
| 2018 | $13,733▼97.5% | $28,844 | $534,679▼2.7% | $534,679▼2.7% | 990PF |
| 2017 | $549,790 | $0 | $549,790 | $549,790 | 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 Lynda and Tom C Nichols Foundation (EIN 82-3543489) 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.