Nobelity Project FY2023 filing

Austin, TX · Public charity (501(c)(3)) · Education

✓ Tax-deductible
Revenue
$392K
-49% vs prior year
Spent
$626K
To programs
88%
Net assets
$874K
By yearFY2020–FY2024
Revenue
$392K
FY2023▼ -49%
Revenue by fiscal year
FY2020$1.1M
FY2021$298K
FY2022$771K
FY2023$392K
FY2024$417K
Expenses
$626K
FY2023▼ -21%
Expenses by fiscal year
FY2020$656K
FY2021$648K
FY2022$792K
FY2023$626K
FY2024$610K
Net assets
$874K
FY2023▼ -21%
Net assets by fiscal year
FY2020$1.5M
FY2021$1.1M
FY2022$1.1M
FY2023$874K
FY2024$681K

From the FY2023 Form 990 · see the original

You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Legal name (IRS)Hdr · item CNobelity Project
EINHdr · item D20-3795033
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFNov 2006
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CAustin, TX
NTEE classificationIRS BMFEducation (B990)
WebsiteHdr · item Jwww.nobelity.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.88 Management & general $0.07 Fundraising $0.05
Program services88%$548K
Management & general7%$45K
Fundraising5%$33K
Total functional expensesLn 25$626K

Financial health

Is it on solid ground?

Program efficiency
88%
of spending reaches programs
Operating runway
18.0mo
months of highly liquid reserves at operating expense rate
Surplus margin
-60%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Total assets
$953K
FY2023▼ -18%
Total assets by fiscal year
FY2020$1.5M
FY2021$1.3M
FY2022$1.2M
FY2023$953K
FY2024$733K
Total liabilities
$79K
FY2023▲ +36%
Total liabilities by fiscal year
FY2020$40K
FY2021$154K
FY2022$58K
FY2023$79K
FY2024$52K
Revenue less expensesPt I · Ln 19−$234K
Total assetsPt X · Ln 16$953K
Program-expense ratioPt IX · col B88%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46

Balance Sheet

Part X · end of year
CashLn 1$938K
Total assetsLn 16$953K
Total liabilitiesLn 26$79K
Total net assetsLn 32$874K
Months of cash on handcomputed18.0

Statement of Revenue

Part VIII
Contributions & grants$386K · 98%
Investment income$6K · 2%
Contributions & grants98%$386K
Investment income2%$6K
Total revenueLn 12$392K

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $938K · Operating expenses/yr $626K
18.0 months
Where the money goes
Program services
Program services $548K · Total expenses $626K
88%
Management & General
Management & general $45K · Total expenses $626K
7%
Fundraising
Fundraising $33K · Total expenses $626K
5%
Cost to raise $1
Fundraising expense (3-yr avg) $58K · Solicited contributions (3-yr avg) $477K
$0.12 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $386K · Total revenue $392K
98%
Government reliance
Government grants — · Total revenue $392K
—
Earned-income share
Program service revenue $0 · Total revenue $392K
0%
Investment reliance
Investment income $6K · Total revenue $392K
+2%
Program self-sufficiency
Program service revenue $0 · Total expenses $626K
0%
Growth & trend
Revenue growth (YoY)
This year $392K · Prior year $771K
-49%
Net-asset trend (YoY)
End of year $874K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $392K · Expenses $626K
-60%
Liabilities-to-Assets
Total liabilities — · Total assets $953K
—
Net-asset ratio
Net assets $874K · Total assets $953K
92%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $953K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Christy Pipkin · Reported title Executive Director · Highest reported compensation $96K · Total expenses $626K
15%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $166K · Total expenses $626K
27%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 88%——
Overhead ratio 7%——
Fundraising cost ratio 9%——
Revenue growth -49%——
Accounting fee ratio 2%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$96,336Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
President Pro Tem
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A

Christy Pipkin’s $87K as Executive Director is at the 76th percentile of top reported officer pay among 1612 $100K–1M education 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

NameFY2024FY2023FY2022FY2021FY2020
Christy Pipkin$87,468$96,336$93,758$88,534$70,898

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.

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Governance & Policies

Part VI
  • 6Voting board membersPt VI · Ln 1a
  • 6Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13Yes
  • Document retention policyPt VI · Ln 14Yes
  • Top official’s pay independently reviewedPt VI · Ln 15aYes
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Provide resources and support to help families navigate and overcome childhood cancer.

Provided by the organization

This section is blank until Nobelity Project claims this page.

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Mission & Programs · Part III

Where the work happens

3 program services account for $548K of program spending, described in the organization's own filed words · FY2023.
01

Kenya

Completed 8 new classroom infastructure projects plus 2 library buildings, 2 Jr. Secondary science and computer labs, 3 preschools, 2 dining halls, plus library and text for an additional 10 schools.

$475Kprogram expense
02

Austin, TX

Education partners at Cap City Kids (school supplies), Bookspring (early reader progra) and Paramount Theater (conservation film screening) served thousands of local area students Continued support of Central Texas Food Bank afterschool programs through Kids Cafe. UIL Film awards presented to high schools across the state.

$63Kprogram expense
03

Roatan

Funded teacher training for reading literacy program on Roatan Island for the 4th year. Provided bi-lingual Grace and the Moon book for all schools on the island.

$10Kprogram expense

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Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2024
See all 6 funders →

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2024 Latest $417K$610K+6% 990 PDF
FY2023 Viewing $392K$626K-49% 990 PDF
FY2022 $771K$792K+159% 990 PDF
FY2021 $298K$648K-73% 990 PDF
FY2020 $1.1M$656K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

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