Notley invests in nonprofits and social impact companies that are ready to scale. From capital to coaching and from operations to mentorship, we tailor our support to the individual needs of each organization in our family. As part of our commitment to diversity, we actively seek out and support promising ventures run by women and minorities.

501(c)(3) charity; gifts are tax-deductible.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78

Before you give

FY2024 · Form 990-PFIndependent: 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-PF
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 5
filings with a surplus
Average deficit $206K a year · 8% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Named funders
3
named funders · $58K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$65K
3% of total assets
Looks good: liabilities are 3% of assets; 50% or less.
Pt X · Ln 26
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.0M
+13% vs prior year
Spent
$1.1M
Net assets
$1.9M
By yearFY2020–FY2024
Revenue
$1.0M
FY2024▲ +13%
Tap a bar for its year
Revenue by fiscal year
FY2020$4.5M
FY2021$4.6M
FY2022$2.2M
FY2023$902K
FY2024$1.0M
Expenses
$1.1M
FY2024▼ -20%
Tap a bar for its year
Expenses by fiscal year
FY2020$4.7M
FY2021$3.6M
FY2022$3.4M
FY2023$1.4M
FY2024$1.1M
Net assets
$1.9M
FY2024▼ -11%
Tap a bar for its year
Net assets by fiscal year
FY2020$2.4M
FY2021$3.7M
FY2022$2.6M
FY2023$2.1M
FY2024$1.9M

From the FY2024 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 2016.

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

Who runs it and what they're paid

11 people listed on the 990-PF.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2024 filing did not itemize Part VII
Founder
$0Pt VII · Sec A
CFO/Founder
$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
$0Pt VII · Sec A
See Notley Foundation executive salaries →

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Programs and updates

Invests in and supports scalable nonprofits and social impact companies with tailored capital and coaching.

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Provided by the organization

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3 programs · $2.1M · in their own filed words · FY2020
01

Notley partners is a community of business leaders catalyzing impact and economic opportunity through social innovation. Partners connect with other socially conscious and connected leaders committed to using their company for good.

$1.7Mprogram expense
02

Notley tide supports central texas nonprofits focused on racial justice. It provides resources to expand and sustain cultural impact. Notley tide facilitates dei training and seeks to activate community members on their role in racial equity and justice.

$290Kprogram expense
03

The notley fellowship is a 2-YEAR program for purposeful leaders committed to taking on and learning more about challenges in the social sector. The notley fellowship is designed to prepare and engage our community's rising leaders in the for-profit sector to get involved and engaged with today's most pressing social issues.

$77Kprogram 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 · FY2023
Total grants receivedfrom 3 funders$58K
See all 3 funders →
Grants paid · 30 grants · $808K · 2020–2023
Individual RecipientFY2022$5,000
Seedling FoundationFY2022$1,350
Texas Advocacy Project INCTX · FY2022$1,200
PhilanthropitchTX · FY2021$100,000
Notley ImpactTX · FY2021$85,000
Beam Founders NetworkTX · FY2021$40,055
Individual RecipientFY2021$12,000
Seedling FoundationFY2021$2,000
Homefront FundTX · FY2020$115,000
PhilanthropitchTX · FY2020$55,000
University of Texas at AustinFY2020$40,900
See all 30 grants →

By the numbers

The FY2024 990-PF, line by line.

1The main four
Money in
$1.0M
Other income$724K
Gifts and grants$294K
Money out
$1.1M
Owns and owes
$1.9M
net assets
Total assets$1.9M
Liabilities$65K
People
11
listed
Paid0
2In more detail
Revenue in detail
Gifts and grants$294K
Other income$724K
Total revenue$1.0M
Assets in detailEnd of year
Total assets$1.9M
Liabilities$65K
Net assets$1.9M
Operations
Employees42
Volunteers0
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $1.0M$1.1M−$120K$1.9M 990 PDF
FY2023 $902K$1.4M−$518K$2.1M 990 PDF
FY2022 $2.2M$3.4M−$1.2M$2.6M 990 PDF
FY2021 $4.6M$3.6M$1.1M$3.7M 990 PDF
FY2020 $4.5M$4.7M−$207K$2.4M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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