Nest, INC. Is an irs section 501(c)(3) organization that identifies and collaborates with responsible artisian business through the provision of customized capacity building programs to enable each enterprise to become profitable and have a significant positive social impact. Nest has searched globally to identify a network of existing artisanal workshops that have strong leadership, are scalable and can transform their communities in one of three ways: alleviate poverty, empower women, and promote peace. Through their participatory model, Nest works with the artisans to provide the services they need to both preserve and enhance artistic traditions and increase their ability to meet the capacity and quality demands of the exporting marketplace.

501(c)(3) charity; gifts are tax-deductible.
86¢ of each $1 spent went to programs.
$620K 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

FY2020 · 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $536K a year · 11% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
86%
of spending
Looks good: 86% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$620K
to officers and key staff · 16% of spending
Fine: pay to officers and key staff is 16% of spending; 15% to 20%.
Pt VII · Sec A
13 mo
of spending, in cash
Looks good: 12.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
5
named funders · $579K
Looks good: 5 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$604K
13% of total assets
Looks good: liabilities are 13% of assets; 50% or less.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$4.7M
Spent
$3.9M
To programs
86%
Net assets
$4.1M
By yearFY2020–FY2024
Revenue
$4.7M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$4.7M
FY2021$4.8M
FY2022$5.5M
FY2023$5.7M
FY2024$3.4M
Expenses
$3.9M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$3.9M
FY2021$3.9M
FY2022$5.2M
FY2023$5.4M
FY2024$2.9M
Net assets
$4.1M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$4.1M
FY2021$4.6M
FY2022$4.8M
FY2023$5.1M
FY2024$5.6M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 2007.

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

Where the money goes

86 cents of each dollar spent went to programs.

Program services 86% · $3.3M Management & general 5% · $208K Fundraising 9% · $352K

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

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Who runs it and what they're paid

17 people listed on the 990; $620K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$153,149Pt VII · Sec A
Chief Operating Officer
$149,424Pt VII · Sec A
Chief Strategy & Partnersh
$140,903Pt VII · Sec A
Chief Programs Officer
$127,000Pt VII · Sec A
Chief Market. Officer New Hire 8/20
$42,517Pt VII · Sec A
Treasurer-New Hire 12/20
$6,607Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Rebecca Van Bergen’s $243K as Executive Director is at the 86th percentile of top reported officer pay among 1168 $1–10M international 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 · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Rebecca Van Bergen$243,147$175,304$165,039$155,632$153,149
Christopher Van Bergen$174,552$171,220$163,304$154,343$149,424
Ashia Dearwester$144,624$156,006$150,996$142,948$140,903
Lindsey Struck$138,875$135,843$124,166——
Benita Singh————$127,000
Marika Shiga$121,802$110,827———
Amanda Lee$118,738$114,660———
Isabelle Kayal—$114,586———

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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Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Helps artisan businesses grow profitably and create positive social impact.

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3 programs · $3.3M · in their own filed words · FY2020
01

Program Revenue

Developing world artisansthe provision of consulting services in furtherance of the interests of developing world ARTISANS.THROUGH this effort, nest works with commercial businesses that are seeking to incorporate developing world artisan production and support within their business models.

$1.8Mprogram expense
02

Guildproviding artisan and handcraft businesses in developing countries around the world training and capacity building resources, including both digital and on-site programming, as well as building out global sector solutions that address the most pressing and difficult challenges that artisan businesses in the developing world face.

$976Kprogram expense
03

Research and advocacynest advances data collection and research for the developing world artisan and handcraft sector. Nest advocates and raises awareness for the work of handcraft businesses, recognizing the importance of craft as a cornerstone of cultural identity and economic opportunity in the developing world.

$541Kprogram expense

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 5 funders →

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$4.7M
Ln 12
Gifts and grantsLn 1h$3.6M
Fees for servicesLn 2g$1.1M
Investment incomeLn 3$14K
Money outPt IX
$3.9M
Ln 25
Programscol B$3.3M
Managementcol C$208K
Fundraisingcol D$352K
Owns and owesPt X
$4.1M
net assets · Ln 32
Cash and savingsLn 1–2$4.1M
Total assetsLn 16$4.7M
LiabilitiesLn 26$604K
PeoplePt VI, VII
17
listed · VII A
PaidVII A6
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$3.6M
Fundraising eventsLn 1c$50K
Fees for servicesLn 2g$1.1M
Investment incomeLn 3$14K
Total revenueLn 12$4.7M
Assets in detailPt X, end of year
CashLn 1$4.1M
Cash and savings togetherLn 1–2$4.1M
Land, buildings, equipmentLn 10c$3K
Other assetsLn 15$325K
Total assetsLn 16$4.7M
LiabilitiesLn 26$604K
Net assetsLn 32$4.1M
OperationsPt I, VI
EmployeesI 522
VolunteersI 6225
Fiscal year endsHeaderDecember
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 FY20End FY20
Cash and savingsLn 1–2$3.1M$4.1M
Land, buildings, equipmentLn 10c$4K$3K
Total assetsLn 16$3.6M$4.7M
LiabilitiesLn 26$290K$604K
Net assetsLn 32$3.3M$4.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$620K$497K$22K$101K
Other salaries and wagesLn 7$1.1M$937K$57K$124K
Pension plan contributionsLn 8$163K$136K$6K$22K
Other employee benefitsLn 9$233K$172K$35K$26K
Payroll taxesLn 10$133K$113K$5K$15K
Other fees for servicesLn 11g$72K$62K$9K
Advertising and promotionLn 12$24K$11K$14K
Office expensesLn 13$121K$38K$48K$35K
TravelLn 17$21K$7K$11K$3K
Depreciation, depletion and amortizationLn 22$1K$1K
InsuranceLn 23$8K$8K
Other expenses (24a–d)Ln 24$1.4M$1.3M$6K$12K
Total functional expensesLn 25$3.9M$3.3M$208K$352K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $3.4M$2.9M$524K$5.6M 990 PDF
FY2023 $5.7M$5.4M$243K$5.1M 990 PDF
FY2022 $5.5M$5.2M$226K$4.8M 990 PDF
FY2021 $4.8M$3.9M$886K$4.6M 990 PDF
FY2020 Viewing $4.7M$3.9M$801K$4.1M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $4,666,979 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,779,561$3,613,522
I-9 Program service revenuePrior year $1,237,776$1,063,966
I-10 Investment incomePrior year $48,797$14,086
I-11 Other revenuePrior year $5,235−$24,595
I-12 Total revenuePrior year $3,071,369$4,666,979
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $2,220,743$2,266,589
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $638,366$1,599,480
I-18 Total expensesPrior year $2,859,109$3,866,069
I-19 Revenue less expensesPrior year $212,260$800,910
Part VI · Governance 11 of 11 board members independent, 1 to look at
VI-1a Voting members of the governing body11
VI-1b Independent voting members11
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $4,666,979 across 7 lines filed
Lines not itemized here account for −$24,595 of total revenue; see the IRS return.
VIII-1c Fundraising events$50,073
VIII-1f All other contributions, gifts and grants$3,563,449
VIII-1h Total contributions, gifts and grants$3,613,522
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,063,966$1,063,966
VIII-3 Investment incomeExcluded from tax $14,086$14,086
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $1,039,371 · Unrelated business $0 · Excluded from tax $14,086$4,666,979
Part IX · Statement of functional expenses $3,866,069 across 12 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $496,773 · Management $21,549 · Fundraising $101,278$619,600
IX-7 Other salaries and wagesPrograms $936,622 · Management $57,112 · Fundraising $123,790$1,117,524
IX-8 Pension plan contributionsPrograms $135,642 · Management $5,848 · Fundraising $21,710$163,200
IX-9 Other employee benefitsPrograms $171,756 · Management $34,934 · Fundraising $26,381$233,071
IX-10 Payroll taxesPrograms $113,181 · Management $4,958 · Fundraising $15,055$133,194
IX-11g Other fees for servicesPrograms $62,448 · Management $9,078$71,526
IX-12 Advertising and promotionPrograms $10,591 · Fundraising $13,545$24,136
IX-13 Office expensesPrograms $37,998 · Management $48,094 · Fundraising $35,099$121,191
IX-17 TravelPrograms $6,996 · Management $11,027 · Fundraising $2,654$20,677
IX-22 Depreciation, depletion and amortizationManagement $1,310$1,310
IX-23 InsuranceManagement $8,426$8,426
IX-24 Other expenses (24a–d)Programs $1,334,394 · Management $5,722 · Fundraising $12,098$1,352,214
IX-25 Total functional expensesPrograms $3,306,401 · Management $208,058 · Fundraising $351,610$3,866,069
Part X · Balance sheet $4,675,369 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $3,097,357$4,051,737
X-3 Pledges and grants receivableStart of year $158,881$295,904
X-10c Land, buildings and equipment, netStart of year $4,374$3,064
X-15 Other assetsStart of year $300,215$324,664
X-16 Total assetsStart of year $3,560,827$4,675,369
X-17 Accounts payable and accrued expensesStart of year $73,408$110,593
X-19 Deferred revenueStart of year $216,543$171,630
X-25 Other liabilitiesStart of year $0$321,360
X-26 Total liabilitiesStart of year $289,951$603,583
X-27 Net assets without donor restrictionsStart of year $1,952,025$2,547,425
X-28 Net assets with donor restrictionsStart of year $1,318,851$1,524,361
X-32 Total net assets or fund balancesStart of year $3,270,876$4,071,786
X-33 Total liabilities and net assetsStart of year $3,560,827$4,675,369
Part XI · Reconciliation of net assets $4,071,786 net assets at year end
XI-1 Total revenue$4,666,979
XI-2 Total expenses$3,866,069
XI-3 Revenue less expenses$800,910
XI-4 Net assets at start of year$3,270,876
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$4,071,786

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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