Neal C Nichols Foundation Inc is a 501(c)(3) organization based in Falls Church, Virginia, registered in 2007, with $3,456,502 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$3.5M
▲ 228.5% vs prior year
Public Benefit median: $140K
Expenses (FY2024)
$499K
Net assets
$12.8M
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 Neal C Nichols Foundation Inc— 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 Neal C Nichols Foundation Inc: 308 mo reserves · +86% margin earns a B+ 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 Neal C Nichols Foundation Inc— 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 Neal C Nichols Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $828K (FY2015) to $3.5M (FY2024) across 10 reported years.
Financial snapshot
Operating margin
85.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$12.8M
Total liabilities
$0
Net assets
$12.8M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $3,456,502▲228% | $498,546▼71.9% | $12,813,309▲30.0% | $12,813,309▲30.0% | 990PF |
| 2023 | $1,052,282▲651% | $1,775,285▲66.7% | $9,855,353▼6.8% | $9,855,353▼6.8% | 990PF |
| 2022 | $140,173▼96.7% | $1,065,006▲21.4% | $10,578,356▼8.0% | $10,578,356▼8.0% | 990PF |
| 2021 | $4,263,085▲264% | $877,060▲47.0% | $11,503,189▲41.7% | $11,503,189▲41.7% | 990PF |
| 2020 | $1,171,868▼73.7% | $596,802▲6.0% | $8,117,164▲7.6% | $8,117,164▲7.6% | 990PF |
| 2019 | $4,462,030▲139% | $562,875▲216% | $7,542,098▲107% | $7,542,098▲107% | 990PF |
| 2018 | $1,864,497▲353% | $178,077▲56.9% | $3,642,943▲86.2% | $3,642,943▲86.2% | 990PF |
| 2017 | $411,205▲93.7% | $113,520▲39.8% | $1,956,523▲17.9% | $1,956,523▲17.9% | 990PF |
| 2016 | $212,344▼74.3% | $81,178▲0.6% | $1,658,838▲8.6% | $1,658,838▲8.6% | 990PF |
| 2015 | $827,546 | $80,667▲366% | $1,527,672▲235% | $1,527,672▲235% | 990PF |
| 2010 | — | $17,305 | $455,881 | $455,881 | 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 Neal C Nichols Foundation Inc (EIN 20-5813748) 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.