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NELLIE MAE EDUCATION FOUNDATION, INC.
NELLIE MAE EDUCATION FOUNDATION, INC.
QUINCY, MA, US
•
501(c)(3)
•
EIN
04-2755323
•
WWW.NMEFOUNDATION.ORG
•
Women Led
BIPOC Led
NELLIE MAE EDUCATION FOUNDATION, INC.
QUINCY, MA, US
•
501(c)(3)
•
EIN
04-2755323
•
WWW.NMEFOUNDATION.ORG
•
Women Led
BIPOC Led
Overview
Programs
990s
Income Statement
Balance Sheet
How to Apply
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People
Board & Team
Financials
Financial Trends
Funding
Funders
Grants Received
Grantmaking
Giving Insights
Grantees
Grants Given
Overlap
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Income Statement
Fiscal Year Start:
Jan 1
Revenues in
2024
$40,949,471
Other
85%
Investments
15%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in
2024
$29,994,105
Grants
70%
Other
10%
Salaries & Benefits
9%
Fees to Service Providers
8%
Offices, Occupancy & IT
2%
Depreciation
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$200,000
$0
-100%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$4,477,333
$6,098,810
+36%
Other
$16,738,406
$34,850,661
+108%
Total Revenues
$21,415,739
$40,949,471
+91%
Expenses
2023
2024
Change
Grants
$14,645,178
$21,134,532
+44%
Benefits to Members
$0
$0
-
Salaries & Benefits
$4,442,734
$2,646,687
-40%
Fees to Service Providers
$2,906,954
$2,444,800
-16%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$579,756
$589,495
+2%
Interest
$0
$0
-
Depreciation
$211,180
$198,281
-6%
Other
$304,523
$2,980,310
+879%
Total Expenses
$23,090,325
$29,994,105
+30%
Net income
2023
2024
Change
Net income
-$1,674,586
+$10,955,366
-754%
Functional Expenses
Summary
2023
2024
Change
Program
$18,742,913
$25,558,135
+36%
Admin
$4,347,412
$4,435,970
+2%
Fundraising
$0
$0
-
Total Expenses
$23,090,325
$29,994,105
+30%
Income Statement
