Nishimachi Foundation
EIN: 510257671 · Wilmington, DE
| Metric | Value |
|---|---|
| Total Revenue | $252K |
| Total Expenses | $153K |
| Net Assets | $284K |
Is Nishimachi Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Nishimachi Foundation
Nishimachi Foundation (EIN: 510257671) is a nonprofit organization based in Wilmington, DE. The organization reported total revenue of $252K and total assets of $96K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nishimachi Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nishimachi Foundation is a small nonprofit that has been operating for 43 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $236K |
| Total Expenses | $153K |
| Surplus / Deficit | +$83K |
| Total Assets | $284K |
| Net Assets | $284K |
| Operating Margin | 35.2% |
| Months of Reserves | 22.3 months |
Financial Health Grade: A
In 2023, Nishimachi Foundation reported a surplus of $83K with revenue exceeding expenses, holds 22.3 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Nishimachi Foundation's revenue has grown at a compound annual growth rate (CAGR) of 8.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -16.3% | -66.9% | +41.3% |
| 2022 | +11.9% | +8494.0% | -47.3% |
| 2021 | +246.0% | -90.2% | +183.0% |
| 2020 | +116.3% | -33.7% | +15.6% |
| 2019 | -46.1% | +40.7% | -29.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1983 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Nishimachi Foundation 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 Nishimachi Foundation 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 surplus of $83K, with revenue exceeding expenses.
Frequently Asked Questions about Nishimachi Foundation
Is Nishimachi Foundation a legitimate charity?
Nishimachi Foundation (EIN: 510257671) is a registered tax-exempt nonprofit based in Delaware. It has 13 years of IRS 990 filings on record. Total revenue: $252K. No red flags identified. Financial health grade: A.
How does Nishimachi Foundation spend its money?
Nishimachi Foundation reported $252K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Nishimachi Foundation tax-deductible?
Nishimachi Foundation is registered as a tax-exempt nonprofit (EIN: 510257671). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Nishimachi Foundation located?
Nishimachi Foundation is headquartered in Wilmington, Delaware and files with the IRS under EIN 510257671.
How many years of IRS 990 filings does Nishimachi Foundation have?
Nishimachi Foundation has 13 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 $252K in total revenue.
Filing History
IRS 990 filing history for Nishimachi Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Nishimachi Foundation's revenue has grown by 169.8%, moving from $87K to $236K. Total assets increased by 349.8% over the same period, from $63K to $284K. Total functional expenses rose by 5.2%, from $146K to $153K. In its most recent filing year (2023), Nishimachi Foundation reported a surplus of $83K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $236K | $153K | $284K | $0 | — | View 990 |
| 2022 | $282K | $462K | $201K | $0 | — | — |
| 2021 | $252K | $5K | $381K | $0 | — | View 990 |
| 2020 | $73K | $55K | $135K | $0 | — | View 990 |
| 2019 | $34K | $82K | $117K | $0 | — | View 990 |
| 2018 | $62K | $59K | $165K | $0 | — | View 990 |
| 2017 | $62K | $51K | $162K | $0 | — | View 990 |
| 2016 | $79K | $7K | $150K | $0 | — | View 990 |
| 2015 | $46K | $61K | $78K | $0 | — | View 990 |
| 2014 | $101K | $81K | $93K | $0 | — | View 990 |
| 2013 | $73K | $72K | $72K | $0 | — | View 990 |
| 2012 | $40K | $32K | $71K | $0 | — | View 990 |
| 2011 | $87K | $146K | $63K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $236K, expenses of $153K, and assets of $284K (revenue -16.3% year-over-year).
- 2022: Revenue of $282K, expenses of $462K, and assets of $201K (revenue +11.9% year-over-year).
- 2021: Revenue of $252K, expenses of $5K, and assets of $381K (revenue +246.0% year-over-year).
- 2020: Revenue of $73K, expenses of $55K, and assets of $135K (revenue +116.3% year-over-year).
- 2019: Revenue of $34K, expenses of $82K, and assets of $117K (revenue -46.1% year-over-year).
- 2018: Revenue of $62K, expenses of $59K, and assets of $165K (revenue +1.0% year-over-year).
- 2017: Revenue of $62K, expenses of $51K, and assets of $162K (revenue -21.5% year-over-year).
- 2016: Revenue of $79K, expenses of $7K, and assets of $150K (revenue +72.0% year-over-year).
- 2015: Revenue of $46K, expenses of $61K, and assets of $78K (revenue -54.7% year-over-year).
- 2014: Revenue of $101K, expenses of $81K, and assets of $93K (revenue +39.2% year-over-year).
- 2013: Revenue of $73K, expenses of $72K, and assets of $72K (revenue +83.7% year-over-year).
- 2012: Revenue of $40K, expenses of $32K, and assets of $71K (revenue -54.8% year-over-year).
- 2011: Revenue of $87K, expenses of $146K, and assets of $63K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nishimachi Foundation:
Data Sources and Methodology
This transparency report for Nishimachi 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.