Fred And Donna Nives Foundation
Fred And Donna Nives Foundation maintains substantial assets and low operational expenses, with no reported officer compensation.
EIN: 137390002 · New York, NY · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $14.0M |
| Total Expenses | $389K |
| Program Spending | 90% |
| Net Assets | $35.7M |
| Transparency Score | 85/100 |
Is Fred And Donna Nives Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Fred And Donna Nives Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Fred And Donna Nives Foundation
Fred And Donna Nives Foundation (EIN: 137390002) is a nonprofit organization based in New York, NY, classified under NTEE code T22. The organization reported total revenue of $14.0M and total assets of $40.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fred And Donna Nives Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fred And Donna Nives Foundation is a large nonprofit that has been operating for 22 years, with 9 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.5M |
| Total Expenses | $389K |
| Surplus / Deficit | +$6.1M |
| Total Assets | $35.8M |
| Total Liabilities | $46K |
| Net Assets | $35.7M |
| Operating Margin | 94.0% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 1101.6 months |
Financial Health Grade: A
In 2023, Fred And Donna Nives Foundation reported a surplus of $6.1M with revenue exceeding expenses, holds 1101.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -70.0% | +18.9% | +36.8% |
| 2022 | +317.7% | +149.2% | +262.1% |
| 2021 | +212405.2% | -16.7% | +534.2% |
| 2019 | -99.7% | -37.0% | -72.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Fred And Donna Nives Foundation with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Fred And Donna Nives Foundation allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $6.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the foundation's leadership either serves on a volunteer basis or is compensated through other means not reported as officer compensation, which is highly favorable for minimizing administrative overhead.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Fred And Donna Nives Foundation's IRS 990 filings:
- Lack of detailed expense breakdown in public filings to differentiate program grants from administrative costs.
Strengths
The following positive indicators were identified for Fred And Donna Nives Foundation:
- Strong asset growth, from $3,999,166 in 2011 to $40,371,286 currently.
- Consistently low operational expenses relative to revenue and assets.
- No reported officer compensation, indicating minimal administrative burden from executive salaries.
- Consistent IRS 990 filing history, demonstrating transparency.
Frequently Asked Questions about Fred And Donna Nives Foundation
Is Fred And Donna Nives Foundation a legitimate charity?
Fred And Donna Nives Foundation (EIN: 137390002) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 9 years of IRS 990 filings on record. Total revenue: $14.0M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Fred And Donna Nives Foundation spend its money?
Fred And Donna Nives Foundation directs 90% of its spending to programs and services. Fundraising costs 2%. This exceeds the 65% industry benchmark.
Are donations to Fred And Donna Nives Foundation tax-deductible?
Fred And Donna Nives Foundation is registered as a tax-exempt nonprofit (EIN: 137390002). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Fred And Donna Nives Foundation's spending goes to programs?
Fred And Donna Nives Foundation directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Fred And Donna Nives Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Fred And Donna Nives Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Fred And Donna Nives Foundation located?
Fred And Donna Nives Foundation is headquartered in New York, New York and files with the IRS under EIN 137390002. It is classified under NTEE code T22.
How many years of IRS 990 filings does Fred And Donna Nives Foundation have?
Fred And Donna Nives Foundation has 9 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $14.0M in total revenue.
What is the primary purpose of the Fred And Donna Nives Foundation?
Based on the NTEE code T22 (Private Grantmaking Foundations) and the financial data showing low operational expenses relative to revenue and assets, the foundation primarily functions as a grant-making entity, distributing funds to other charitable organizations or causes.
How does the foundation manage its significant assets?
The foundation has consistently grown its assets from approximately $4 million in 2011 to over $40 million currently, suggesting effective investment and asset management strategies. The low expenses indicate that a large portion of its revenue is likely reinvested or held for future grantmaking.
Is the foundation financially stable?
Yes, with current assets of $40,371,286 and a history of substantial revenue generation, the Fred And Donna Nives Foundation appears to be very financially stable.
Filing History
IRS 990 filing history for Fred And Donna Nives Foundation showing financial trends over 9 years of public records:
Total assets increased by 794% over the same period, from $4.0M to $35.8M. Total functional expenses fell by 7.8%, from $422K to $389K. In its most recent filing year (2023), Fred And Donna Nives Foundation reported a surplus of $6.1M, with revenue exceeding expenses. The organization holds $46K in liabilities against $35.8M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $35.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.5M | $389K | $35.8M | $46K | — | — |
| 2022 | $21.7M | $328K | $26.1M | $28K | — | View 990 |
| 2021 | $5.2M | $131K | $7.2M | $14K | — | View 990 |
| 2019 | $2K | $158K | $1.1M | $3K | — | View 990 |
| 2015 | $859K | $251K | $4.2M | $3K | — | View 990 |
| 2014 | $-196,744 | $248K | $3.6M | $1 | — | View 990 |
| 2013 | $216K | $201K | $4.0M | $0 | — | View 990 |
| 2012 | $77K | $53K | $4.0M | $0 | — | View 990 |
| 2011 | $-19,695 | $422K | $4.0M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.5M, expenses of $389K, and assets of $35.8M (revenue -70.0% year-over-year).
- 2022: Revenue of $21.7M, expenses of $328K, and assets of $26.1M (revenue +317.7% year-over-year).
- 2021: Revenue of $5.2M, expenses of $131K, and assets of $7.2M (revenue +212405.2% year-over-year).
- 2019: Revenue of $2K, expenses of $158K, and assets of $1.1M (revenue -99.7% year-over-year).
- 2015: Revenue of $859K, expenses of $251K, and assets of $4.2M.
- 2014: Revenue of $-196,744, expenses of $248K, and assets of $3.6M (revenue -191.2% year-over-year).
- 2013: Revenue of $216K, expenses of $201K, and assets of $4.0M (revenue +179.4% year-over-year).
- 2012: Revenue of $77K, expenses of $53K, and assets of $4.0M.
- 2011: Revenue of $-19,695, expenses of $422K, and assets of $4.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fred And Donna Nives Foundation:
Data Sources and Methodology
This transparency report for Fred And Donna Nives Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.