Power of A Nickel Inc is a 501(c)(3) organization based in Sanibel, Florida, registered in 2014, with $239,454 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$239K
▲ 35.7% vs prior year
Health median: $840K
Expenses (FY2023)
$235K
Net assets
$359K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 Power of A Nickel 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 Power of A Nickel Inc: 18 mo reserves · +2% margin earns a A 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 Power of A Nickel 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 Power of A Nickel Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $231K (FY2016) to $239K (FY2023) across 8 reported years.
Financial snapshot
Operating margin
2.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$359K
Total liabilities
$0
Net assets
$359K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $239,454▲35.7% | $234,625▲285% | $358,746▲1.3% | $358,746▲1.3% | 990 |
| 2022 | $176,481▲184% | $60,920▲201% | $354,157▲48.4% | $354,157▲48.4% | 990EZ |
| 2021 | $62,168▲15.4% | $20,266▼73.3% | $238,596▲21.3% | $238,596▲21.3% | 990EZ |
| 2020 | $53,878▼82.8% | $75,981▼75.2% | $196,694▼10.1% | $196,694▼10.1% | 990EZ |
| 2019 | $312,795▲79.5% | $306,512▲44.2% | $218,797▲3.0% | $218,797▲3.0% | 990 |
| 2018 | $174,244▼19.9% | $212,580▲91.6% | $212,514▼15.3% | $212,514▼15.3% | 990 |
| 2017 | $217,576▼5.9% | $110,934▼36.0% | $250,850▲74.0% | $250,850▲74.0% | 990 |
| 2016 | $231,284 | $173,415 | $144,208 | $144,208 | 990 |
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.
1 grant to Power of A Nickel Inc totaling $50K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| National Philanthropic Tr | Health | 2021 | $50,000 |
Explore more
Data for Power of A Nickel Inc (EIN 46-4799446) 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.