Nicolas Fund For Education
EIN: 454887611 · Bellevue, WA · NTEE: B82
| Metric | Value |
|---|---|
| Total Revenue | $795K |
| Total Expenses | $1.4M |
| Net Assets | $1.4M |
Is Nicolas Fund For Education Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Nicolas Fund For Education
Nicolas Fund For Education (EIN: 454887611) is a nonprofit organization based in Bellevue, WA, classified under NTEE code B82. The organization reported total revenue of $795K and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nicolas Fund For Education's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nicolas Fund For Education is a small nonprofit that has been operating for 13 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 19.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $624K |
| Total Expenses | $1.4M |
| Surplus / Deficit | $-740,474 |
| Total Assets | $1.5M |
| Total Liabilities | $4K |
| Net Assets | $1.4M |
| Operating Margin | -118.7% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 12.8 months |
Financial Health Grade: B
In 2023, Nicolas Fund For Education reported a deficit of $740K with expenses exceeding revenue, holds 12.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 11 years of filings (2013–2023), Nicolas Fund For Education's revenue has grown at a compound annual growth rate (CAGR) of 19.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -60.7% | +65.0% | -33.3% |
| 2022 | +28.0% | +120.3% | +44.4% |
| 2021 | +87.6% | -6.8% | +129.4% |
| 2020 | +4.7% | +1.6% | +66.6% |
| 2019 | +66.7% | -14.6% | +146.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Nicolas Fund For Education has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Nicolas Fund For Education with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $740K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.3%.
Frequently Asked Questions about Nicolas Fund For Education
Is Nicolas Fund For Education a legitimate charity?
Based on AI analysis of IRS 990 filings, Nicolas Fund For Education (EIN: 454887611) insufficient data. 0 red flags identified, 0 strengths noted.
How does Nicolas Fund For Education spend its money?
Detailed spending breakdown data is not yet available for Nicolas Fund For Education. Check back for updated IRS 990 analysis.
Are donations to Nicolas Fund For Education tax-deductible?
Nicolas Fund For Education is registered as a tax-exempt nonprofit (EIN: 454887611). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Nicolas Fund For Education located?
Nicolas Fund For Education is headquartered in Bellevue, Washington and files with the IRS under EIN 454887611. It is classified under NTEE code B82.
How many years of IRS 990 filings does Nicolas Fund For Education have?
Nicolas Fund For Education has 11 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 $795K in total revenue.
Filing History
IRS 990 filing history for Nicolas Fund For Education showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Nicolas Fund For Education's revenue has grown by 510.5%, moving from $102K to $624K. Total assets increased by 2016.8% over the same period, from $69K to $1.5M. Total functional expenses rose by 3956.8%, from $34K to $1.4M. In its most recent filing year (2023), Nicolas Fund For Education reported a deficit of $740K, with expenses exceeding revenue. The organization holds $4K in liabilities against $1.5M in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $624K | $1.4M | $1.5M | $4K | — | — |
| 2022 | $1.6M | $827K | $2.2M | $15 | — | — |
| 2021 | $1.2M | $375K | $1.5M | $602 | — | View 990 |
| 2020 | $662K | $403K | $656K | $3K | — | — |
| 2019 | $632K | $396K | $394K | $0 | — | View 990 |
| 2018 | $379K | $464K | $160K | $2K | — | View 990 |
| 2017 | $381K | $350K | $243K | $0 | — | View 990 |
| 2016 | $313K | $278K | $212K | $0 | — | View 990 |
| 2015 | $253K | $210K | $176K | $0 | — | View 990 |
| 2014 | $175K | $110K | $133K | $0 | — | View 990 |
| 2013 | $102K | $34K | $69K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $624K, expenses of $1.4M, and assets of $1.5M (revenue -60.7% year-over-year).
- 2022: Revenue of $1.6M, expenses of $827K, and assets of $2.2M (revenue +28.0% year-over-year).
- 2021: Revenue of $1.2M, expenses of $375K, and assets of $1.5M (revenue +87.6% year-over-year).
- 2020: Revenue of $662K, expenses of $403K, and assets of $656K (revenue +4.7% year-over-year).
- 2019: Revenue of $632K, expenses of $396K, and assets of $394K (revenue +66.7% year-over-year).
- 2018: Revenue of $379K, expenses of $464K, and assets of $160K (revenue -0.5% year-over-year).
- 2017: Revenue of $381K, expenses of $350K, and assets of $243K (revenue +21.7% year-over-year).
- 2016: Revenue of $313K, expenses of $278K, and assets of $212K (revenue +23.9% year-over-year).
- 2015: Revenue of $253K, expenses of $210K, and assets of $176K (revenue +44.4% year-over-year).
- 2014: Revenue of $175K, expenses of $110K, and assets of $133K (revenue +71.3% year-over-year).
- 2013: Revenue of $102K, expenses of $34K, and assets of $69K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nicolas Fund For Education:
Data Sources and Methodology
This transparency report for Nicolas Fund For Education 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.