Provide funds for nursing education

501(c)(3) charity; gifts are tax-deductible.
55¢ of each $1 spent went to programs.
$64K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $429K a year · 52% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
55%
of spending
Worth a look: 55% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$64K
to officers and key staff · 21% of spending
Worth a look: pay to officers and key staff is 21% of spending; over 20%.
Pt VII · Sec A
27 mo
of spending, in cash
Plus $3.5M in investments, Pt X · Ln 11–13
Looks good: 27.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $51K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$23K
0.6% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
18
of 18 voting members
Looks good: 18 of 18 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$381K
Spent
$298K
To programs
55%
Net assets
$4.2M
By yearFY2021–FY2025
Revenue
$381K
FY2021
Tap a bar for its year
Revenue by fiscal year
FY2021$381K
FY2022$397K
FY2023$385K
FY2024$541K
FY2025$2.5M
Expenses
$298K
FY2021
Tap a bar for its year
Expenses by fiscal year
FY2021$298K
FY2022$352K
FY2023$408K
FY2024$453K
FY2025$507K
Net assets
$4.2M
FY2021
Tap a bar for its year
Net assets by fiscal year
FY2021$4.2M
FY2022$3.9M
FY2023$3.7M
FY2024$4.1M
FY2025$4.3M

From the FY2021 Form 990 (year ending August 2021) · see the original

Give Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 1954.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

55 cents of each dollar spent went to programs.

Program services 55% · $165K Management & general 45% · $133K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

19 people listed on the 990; $64K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Exec. Administrator
$63,817Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Jerelyn Weiss’s $86K as Executive Director is at the 71st percentile of top reported officer pay among 1979 $100K–1M health care nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Jerelyn Weiss$86,061$86,061$86,061$86,061$63,817

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Nurses Educational Funds INC executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Funds nursing education to support future healthcare professionals.

Questions for Nurses Educational Funds INC

Tap to ask. Nurses Educational Funds INC sees how many people are interested.

Your first name shows with your question. Nurses Educational Funds INC answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $165K · in their own filed words · FY2020
01

Scholarships are given for advanced nursing degrees

$165Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 3 funders →
Grants paid · 4 grants · $900K · 2020–2023
Unitemized GrantFY2023$300,000
Unitemized GrantFY2022$251,000
Unitemized GrantFY2021$200,000
Unitemized GrantFY2020$149,000

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$381K
Ln 12
Investment incomeLn 3$191K
Gifts and grantsLn 1h$190K
Money outPt IX
$298K
Ln 25
Programscol B$165K
Managementcol C$133K
Owns and owesPt X
$4.2M
net assets · Ln 32
Cash and savingsLn 1–2$673K
Total assetsLn 16$4.2M
LiabilitiesLn 26$23K
PeoplePt VI, VII
19
listed · VII A
PaidVII A1
Voting boardVI 1a18
IndependentVI 1b18
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$190K
Investment incomeLn 3$191K
Gains on assetsLn 7$112K
Total revenueLn 12$381K
Assets in detailPt X, end of year
SavingsLn 2$673K
Cash and savings togetherLn 1–2$673K
InvestmentsLn 11–13$3.5M
Land, buildings, equipmentLn 10c$7K
Total assetsLn 16$4.2M
LiabilitiesLn 26$23K
Net assetsLn 32$4.2M
OperationsPt I, VI
EmployeesI 51
VolunteersI 60
Fiscal year endsHeaderAugust
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$658K$673K
InvestmentsLn 11–13$2.8M$3.5M
Land, buildings, equipmentLn 10c$0$7K
Total assetsLn 16$3.5M$4.2M
LiabilitiesLn 26$17K$23K
Net assetsLn 32$3.4M$4.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$165K$165K
Other salaries and wagesLn 7$64K$0$64K$0
Other employee benefitsLn 9$0$0$0$0
Payroll taxesLn 10$5K$0$5K$0
Accounting feesLn 11c$20K$0$20K$0
Office expensesLn 13$6K$0$6K$0
Information technologyLn 14$16K$0$16K$0
Depreciation, depletion and amortizationLn 22$3K$0$3K$0
InsuranceLn 23$2K$0$2K$0
Other expenses (24a–d)Ln 24$13K$0$13K$0
All other expensesLn 24e$4K$0$4K$0
Total functional expensesLn 25$298K$165K$133K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $2.5M$507K$2.0M$4.3M 990 PDF
FY2024 $541K$453K$87K$4.1M 990 PDF
FY2023 $385K$408K−$23K$3.7M 990 PDF
FY2022 $397K$352K$45K$3.9M 990 PDF
FY2021 Viewing $381K$298K$83K$4.2M 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $381,032 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $126,997$190,119
I-9 Program service revenue$0
I-10 Investment incomePrior year $361,581$190,913
I-11 Other revenue$0
I-12 Total revenuePrior year $488,578$381,032
I-13 Grants and similar amounts paidPrior year $149,000$165,000
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $68,127$69,010
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $65,237$63,704
I-18 Total expensesPrior year $282,364$297,714
I-19 Revenue less expensesPrior year $206,214$83,318
Part VI · Governance 18 of 18 board members independent, 1 to look at
VI-1a Voting members of the governing body18
VI-1b Independent voting members18
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $381,032 across 5 lines filed
VIII-1f All other contributions, gifts and grants$190,119
VIII-1h Total contributions, gifts and grants$190,119
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $0$79,151
VIII-7 Net gain or loss on sales of assetsRelated to mission $111,762 · Unrelated business $0 · Excluded from tax $0$111,762
VIII-12 Total revenueRelated to mission $190,913 · Unrelated business $0 · Excluded from tax $0$381,032
Part IX · Statement of functional expenses $297,714 across 11 lines filed
IX-2 Grants to domestic individualsPrograms $165,000$165,000
IX-7 Other salaries and wagesPrograms $0 · Management $63,817 · Fundraising $0$63,817
IX-9 Other employee benefitsPrograms $0 · Management $0 · Fundraising $0$0
IX-10 Payroll taxesPrograms $0 · Management $5,193 · Fundraising $0$5,193
IX-11c Accounting feesPrograms $0 · Management $20,451 · Fundraising $0$20,451
IX-13 Office expensesPrograms $0 · Management $5,835 · Fundraising $0$5,835
IX-14 Information technologyPrograms $0 · Management $15,783 · Fundraising $0$15,783
IX-22 Depreciation, depletion and amortizationPrograms $0 · Management $3,056 · Fundraising $0$3,056
IX-23 InsurancePrograms $0 · Management $1,987 · Fundraising $0$1,987
IX-24 Other expenses (24a–d)Programs $0 · Management $12,654 · Fundraising $0$12,654
IX-24e All other expensesPrograms $0 · Management $3,938 · Fundraising $0$3,938
IX-25 Total functional expensesPrograms $165,000 · Management $132,714 · Fundraising $0$297,714
Part X · Balance sheet $4,187,260 assets, 11 lines filed
X-2 Savings and temporary cash investmentsStart of year $658,206$673,054
X-9 Prepaid expenses and deferred chargesStart of year $12,906$3,203
X-10c Land, buildings and equipment, netStart of year $0$6,944
X-11 Publicly traded securitiesStart of year $2,779,285$3,504,058
X-14 Intangible assetsStart of year $1$1
X-16 Total assetsStart of year $3,450,398$4,187,260
X-17 Accounts payable and accrued expensesStart of year $16,550$12,600
X-19 Deferred revenue$10,725
X-26 Total liabilitiesStart of year $16,550$23,325
X-32 Total net assets or fund balancesStart of year $3,433,848$4,163,935
X-33 Total liabilities and net assetsStart of year $3,450,398$4,187,260
Part XI · Reconciliation of net assets $4,163,935 net assets at year end
XI-1 Total revenue$381,032
XI-2 Total expenses$297,714
XI-3 Revenue less expenses$83,318
XI-4 Net assets at start of year$3,433,848
XI-5 Net unrealized gains (losses) on investments$646,769
XI-10 Net assets at end of year$4,163,935

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.