Nussen Family Foundation C/o William Nussen Trustee is a 501(c)(3) organization based in Brooklyn, New York, registered in 1997, with $14,736 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$15K
▲ 109.5% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$6,370
Net assets
$38K
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 Nussen Family Foundation C/o William Nussen Trustee— 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 Nussen Family Foundation C/o William Nussen Trustee: 72 mo reserves · +57% 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 Nussen Family Foundation C/o William Nussen Trustee— 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 Nussen Family Foundation C/o William Nussen Trustee: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $23K (FY2013) to $15K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
56.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$38K
Total liabilities
$0
Net assets
$38K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $14,736▲110% | $6,370▲30.9% | $38,392▲27.6% | $38,392▲18.3% | 990PF |
| 2023 | $7,033▲187% | $4,866▲4.1% | $30,081▼30.2% | $32,449▼29.9% | 990PF |
| 2022 | $2,448▼30.2% | $4,676▲534% | $43,107▼4.9% | $46,300▲2.2% | 990PF |
| 2021 | $3,507▲115% | $737▲25.6% | $45,306▲6.5% | $45,306▲6.5% | 990PF |
| 2020 | $1,629▼14.4% | $587▼1.7% | $42,534▲2.6% | $42,534▲2.6% | 990PF |
| 2019 | $1,903▼29.3% | $597▼1.3% | $41,438▲3.3% | $41,438▲3.3% | 990PF |
| 2018 | $2,693▲18.4% | $605▲8.8% | $40,132▲5.5% | $40,132▲5.5% | 990PF |
| 2017 | $2,274▲33.2% | $556▲11.9% | $38,044▲4.7% | $38,044▲4.7% | 990PF |
| 2016 | $1,707▲38.3% | $497▲0.6% | $36,326▲3.4% | $36,326▲3.4% | 990PF |
| 2015 | $1,234▼84.5% | $494▼97.6% | $35,115▲2.2% | $35,115▲2.2% | 990PF |
| 2014 | $7,959▼65.1% | $20,326▼92.7% | $34,375▼26.5% | $34,375▼26.5% | 990PF |
| 2013 | $22,837 | $279,265▲127% | $46,742▼84.5% | $46,742▼85.4% | 990PF |
| 2012 | — | $123,207 | $302,237 | $320,801 | 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 Nussen Family Foundation C/o William Nussen Trustee (EIN 11-3370425) 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.