Nespola Charitable Foundation 749 C6900
Nespola Charitable Foundation maintains stable assets and zero officer compensation over a decade.
EIN: 137152742 · Wilmington, DE · NTEE: T20Z · Updated: 2026-03-28
Is Nespola Charitable Foundation 749 C6900 Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Nespola Charitable Foundation 749 C6900 directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Nespola Charitable Foundation 749 C6900
Nespola Charitable Foundation 749 C6900 (EIN: 137152742) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T20Z. The organization reported total revenue of $817K and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nespola Charitable Foundation 749 C6900's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nespola Charitable Foundation 749 C6900 is a small nonprofit that has been operating for 28 years, with 10 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 2.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $147K |
| Total Expenses | $139K |
| Surplus / Deficit | +$9K |
| Total Assets | $1.9M |
| Total Liabilities | $1 |
| Net Assets | $1.9M |
| Operating Margin | 5.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 167.0 months |
Financial Health Grade: A
In 2024, Nespola Charitable Foundation 749 C6900 reported a surplus of $9K with revenue exceeding expenses, holds 167.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2012–2024), Nespola Charitable Foundation 749 C6900's revenue has grown at a compound annual growth rate (CAGR) of 2.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +79.3% | -11.2% | +0.6% |
| 2023 | -63.0% | +11.3% | -3.9% |
| 2022 | +24.2% | +6.6% | +5.0% |
| 2021 | +53.8% | +3.8% | +2.5% |
| 2020 | +14.4% | +2.1% | +2.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
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 Nespola Charitable Foundation 749 C6900 with a Mission Score of 90 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Nespola Charitable Foundation 749 C6900 allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $9K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officer salaries are paid, which is highly commendable for an organization of its size with nearly $2 million in assets.
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.
Strengths
The following positive indicators were identified for Nespola Charitable Foundation 749 C6900:
- Consistent asset growth, from $1,439,710 in 201203 to $1,929,126 in 202403.
- Zero officer compensation reported across all filings, indicating high efficiency in directing funds.
- Minimal liabilities ($0 or $1) across all periods, suggesting strong financial health and low debt.
- Stable expense management, with annual expenses generally within a predictable range ($94,648 - $156,092).
Frequently Asked Questions about Nespola Charitable Foundation 749 C6900
Is Nespola Charitable Foundation 749 C6900 a legitimate charity?
Based on AI analysis of IRS 990 filings, Nespola Charitable Foundation 749 C6900 (EIN: 137152742) appears legitimate. Mission Score: 90/100. 0 red flags identified, 4 strengths noted.
How does Nespola Charitable Foundation 749 C6900 spend its money?
Nespola Charitable Foundation 749 C6900 directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Nespola Charitable Foundation 749 C6900 tax-deductible?
Nespola Charitable Foundation 749 C6900 is registered as a tax-exempt nonprofit (EIN: 137152742). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Nespola Charitable Foundation a good charity?
Based on the provided financial data, the Nespola Charitable Foundation appears to be a well-managed and financially sound organization. Its consistent asset growth, minimal liabilities, and zero officer compensation are strong positive indicators of responsible stewardship.
How has the foundation's revenue trended over time?
The foundation's revenue has fluctuated, with a high of $323,379 in 201503 and a recent high of $147,283 in 202403. It has generally been sufficient to cover expenses, though some years show expenses exceeding revenue (e.g., 202303, 202003).
What is the organization's asset growth like?
The organization has shown consistent asset growth, increasing from $1,439,710 in 201203 to $1,929,126 in 202403, demonstrating long-term financial stability and accumulation of resources.
Filing History
IRS 990 filing history for Nespola Charitable Foundation 749 C6900 showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2024), Nespola Charitable Foundation 749 C6900's revenue has grown by 32.7%, moving from $111K to $147K. Total assets increased by 34% over the same period, from $1.4M to $1.9M. Total functional expenses rose by 46.5%, from $95K to $139K. In its most recent filing year (2024), Nespola Charitable Foundation 749 C6900 reported a surplus of $9K, with revenue exceeding expenses. The organization holds $1 in liabilities against $1.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $147K | $139K | $1.9M | $1 | — | — |
| 2023 | $82K | $156K | $1.9M | $1 | — | View 990 |
| 2022 | $222K | $140K | $2.0M | $1 | — | View 990 |
| 2021 | $179K | $132K | $1.9M | $1 | — | — |
| 2020 | $116K | $127K | $1.9M | $1 | — | View 990 |
| 2016 | $102K | $124K | $1.8M | $0 | — | View 990 |
| 2015 | $323K | $116K | $1.8M | $0 | — | View 990 |
| 2014 | $234K | $107K | $1.6M | $0 | — | View 990 |
| 2013 | $160K | $96K | $1.5M | $0 | — | View 990 |
| 2012 | $111K | $95K | $1.4M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $147K, expenses of $139K, and assets of $1.9M (revenue +79.3% year-over-year).
- 2023: Revenue of $82K, expenses of $156K, and assets of $1.9M (revenue -63.0% year-over-year).
- 2022: Revenue of $222K, expenses of $140K, and assets of $2.0M (revenue +24.2% year-over-year).
- 2021: Revenue of $179K, expenses of $132K, and assets of $1.9M (revenue +53.8% year-over-year).
- 2020: Revenue of $116K, expenses of $127K, and assets of $1.9M (revenue +14.4% year-over-year).
- 2016: Revenue of $102K, expenses of $124K, and assets of $1.8M (revenue -68.5% year-over-year).
- 2015: Revenue of $323K, expenses of $116K, and assets of $1.8M (revenue +38.5% year-over-year).
- 2014: Revenue of $234K, expenses of $107K, and assets of $1.6M (revenue +46.3% year-over-year).
- 2013: Revenue of $160K, expenses of $96K, and assets of $1.5M (revenue +43.9% year-over-year).
- 2012: Revenue of $111K, expenses of $95K, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nespola Charitable Foundation 749 C6900:
Data Sources and Methodology
This transparency report for Nespola Charitable Foundation 749 C6900 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.