Nw3c INC FY2024 filing

Tax-deductible

Richmond, VA501(c)(3)Since 1986EIN 54-1393537Revenue $12.7M in FY2024

On file with the IRSnw3c.org4901 Dickens Rd Ste 110, 23230-1952 · Richmond, VATax-exempt since May 1987Publicly supported charity — 170(b)(1)(A)(vi)

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Nw3c assists law enforcement in the prevention, investigation and prosecution of white collar crime.

501(c)(3) charity; gifts are tax-deductible.
77¢ of each $1 spent went to programs.
$1.3M 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

FY2024 · 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 6
filings with a surplus
Average surplus $253K a year · 2% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
77%
of spending
Looks good: 77% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.3M
to officers and key staff · 11% of spending
Looks good: pay to officers and key staff is 11% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
1 mo
of spending, in cash
Fine: 1.2 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $71K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$1.3M
47% of total assets
Looks good: liabilities are 47% of assets; 50% or less.
Pt X · Ln 26
Independent board members
12
of 12 voting members
Looks good: 12 of 12 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$12.7M
-3% vs prior year
Spent
$12.2M
To programs
77%
Net assets
$1.5M
By yearFY2020–FY2025
Revenue
$12.7M
FY2024▼ -3%
Tap a bar for its year
Revenue by fiscal year
FY2020$9.3M
FY2021$9.6M
FY2022$10.5M
FY2023$13.1M
FY2024$12.7M
FY2025$11.5M
Expenses
$12.2M
FY2024▼ -6%
Tap a bar for its year
Expenses by fiscal year
FY2020$9.4M
FY2021$9.4M
FY2022$10.6M
FY2023$12.9M
FY2024$12.2M
FY2025$10.7M
Net assets
$1.5M
FY2024▲ +67%
Tap a bar for its year
Net assets by fiscal year
FY2020$608K
FY2021$819K
FY2022$739K
FY2023$894K
FY2024$1.5M
FY2025$2.2M

From the FY2024 Form 990 (year ending June 2024) · figures checked against the IRS filing · see the original

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You’re viewing the FY2024 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 May 1987.

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

Where the money goes

77 cents of each dollar spent went to programs.

Program services 77% · $9.3M Management & general 23% · $2.8M

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

21 people listed on the 990; $1.3M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
President & Chief Executive Officer
$216,075Pt VII · Sec A
Executive VP & COO
$176,680Pt VII · Sec A
Vice President
$170,382Pt VII · Sec A
VP & Chief Counsel
$167,319Pt VII · Sec A
Associate Vice President
$151,935Pt VII · Sec A
Vice President
$142,023Pt VII · Sec A
Vice President
$140,601Pt VII · Sec A
Chief Financial Officer
$138,614Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Glen Gainer$271,563$216,075$216,263$209,559$205,962$205,256
Steve Debrota$238,257$167,319$166,148———
Charles Cohen$236,149$170,382$176,440$163,884$145,922—
Eric Huber—————$186,650
Kenneth Brooks$186,247$176,680$176,558———
Kenneth W Brooks———$171,443$167,702$176,291
Justin Fitzsimmons$160,535—————
Tyler Wotring—$151,935—$127,805——

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 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Helps police prevent, investigate, and prosecute white collar crime.

Questions for Nw3c INC

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Provided by the organization

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1 program · $9.3M · in their own filed words · FY2023
01

The organization responds to a high demand for services utilizing funds derived from federal agencies such as the department of justice's bureau of justice assistance, office of juvenile justice and delinquency prevention, and the bureau of justice statistics, as well as non-federal funding sources.

$9.3Mprogram 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
AequitasFY2024$71K
Total grants receivedfrom 1 funder$71K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$12.7M
Ln 12
Gifts and grantsLn 1h$10.5M
Fees for servicesLn 2g$2.2M
Investment incomeLn 3$468
Money outPt IX
$12.2M
Ln 25
Programscol B$9.3M
Managementcol C$2.8M
Owns and owesPt X
$1.5M
net assets · Ln 32
Cash and savingsLn 1–2$1.2M
Total assetsLn 16$2.8M
LiabilitiesLn 26$1.3M
PeoplePt VI, VII
21
listed · VII A
PaidVII A8
Voting boardVI 1a12
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$10.5M
Government grantsLn 1e$10.5M
Fees for servicesLn 2g$2.2M
Investment incomeLn 3$468
Other incomeLn 4–11$9
Total revenueLn 12$12.7M
Assets in detailPt X, end of year
CashLn 1$1.1M
SavingsLn 2$165K
Cash and savings togetherLn 1–2$1.2M
Land, buildings, equipmentLn 10c$52K
Other assetsLn 15$201K
Total assetsLn 16$2.8M
LiabilitiesLn 26$1.3M
Net assetsLn 32$1.5M
OperationsPt I, VI
EmployeesI 566
VolunteersI 613
Fiscal year endsHeaderJune
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 FY24End FY24
Cash and savingsLn 1–2$977K$1.2M
Land, buildings, equipmentLn 10c$122K$52K
Total assetsLn 16$2.2M$2.8M
LiabilitiesLn 26$1.3M$1.3M
Net assetsLn 32$894K$1.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$688K$518K$170K
Other salaries and wagesLn 7$5.2M$4.0M$1.3M
Pension plan contributionsLn 8$230K$173K$57K
Other employee benefitsLn 9$1.1M$842K$279K
Payroll taxesLn 10$434K$327K$107K
Legal feesLn 11b$24K$12K$12K
Accounting feesLn 11c$79K$79K
Other fees for servicesLn 11g$2.5M$2.4M$174K
Office expensesLn 13$128K$43K$85K
Information technologyLn 14$410K$281K$129K
OccupancyLn 16$186K$186K
TravelLn 17$678K$599K$79K
Conferences, conventions and meetingsLn 19$91K$81K$10K
InterestLn 20$8K$3K$5K
Depreciation, depletion and amortizationLn 22$70K$70K
InsuranceLn 23$47K$10K$37K
Other expenses (24a–d)Ln 24$151K$104K$48K
All other expensesLn 24e$22K$11K$10K
Total functional expensesLn 25$12.2M$9.3M$2.8M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $11.5M$10.7M$736K$2.2M 990 PDF
FY2024 Viewing $12.7M$12.2M$596K$1.5M 990 PDF
FY2023 $13.1M$12.9M$155K$894K 990 PDF
FY2022 $10.5M$10.6M−$79K$739K 990 PDF
FY2021 $9.6M$9.4M$211K$819K 990 PDF
FY2020 $9.3M$9.4M−$100K$608K 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
See the full FY2024 990 (6 parts)
Part I · Summary $12,747,200 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $11,859,079$10,506,138
I-9 Program service revenuePrior year $1,210,088$2,240,585
I-10 Investment incomePrior year $30,832$468
I-11 Other revenuePrior year $105$9
I-12 Total revenuePrior year $13,100,104$12,747,200
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 $8,069,880$7,713,278
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $4,875,271$4,437,910
I-18 Total expensesPrior year $12,945,151$12,151,188
I-19 Revenue less expensesPrior year $154,953$596,012
Part VI · Governance 12 of 12 board members independent, no flags
VI-1a Voting members of the governing body12
VI-1b Independent voting members12
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
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $12,747,200 across 7 lines filed
VIII-1e Government grants$10,481,138
VIII-1f All other contributions, gifts and grants$25,000
VIII-1h Total contributions, gifts and grants$10,506,138
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $2,240,585$2,240,585
VIII-3 Investment incomeExcluded from tax $468$468
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $9$9
VIII-12 Total revenueRelated to mission $2,240,585 · Unrelated business $0 · Excluded from tax $477$12,747,200
Part IX · Statement of functional expenses $12,151,188 across 18 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $518,475 · Management $169,660$688,135
IX-7 Other salaries and wagesPrograms $3,950,109 · Management $1,289,943$5,240,052
IX-8 Pension plan contributionsPrograms $172,810 · Management $57,223$230,033
IX-9 Other employee benefitsPrograms $842,096 · Management $278,846$1,120,942
IX-10 Payroll taxesPrograms $327,250 · Management $106,866$434,116
IX-11b Legal feesPrograms $12,082 · Management $12,082$24,164
IX-11c Accounting feesManagement $78,540$78,540
IX-11g Other fees for servicesPrograms $2,370,916 · Management $174,467$2,545,383
IX-13 Office expensesPrograms $42,906 · Management $84,722$127,628
IX-14 Information technologyPrograms $280,851 · Management $129,242$410,093
IX-16 OccupancyManagement $186,093$186,093
IX-17 TravelPrograms $599,140 · Management $78,572$677,712
IX-19 Conferences, conventions and meetingsPrograms $80,507 · Management $10,094$90,601
IX-20 InterestPrograms $2,825 · Management $4,908$7,733
IX-22 Depreciation, depletion and amortizationManagement $69,956$69,956
IX-23 InsurancePrograms $10,438 · Management $36,590$47,028
IX-24 Other expenses (24a–d)Programs $103,766 · Management $47,637$151,403
IX-24e All other expensesPrograms $11,443 · Management $10,133$21,576
IX-25 Total functional expensesPrograms $9,325,614 · Management $2,825,574 · Fundraising $0$12,151,188
Part X · Balance sheet $2,804,414 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $812,071$1,051,552
X-2 Savings and temporary cash investmentsStart of year $164,466$164,934
X-3 Pledges and grants receivableStart of year $441,775$793,272
X-4 Accounts receivableStart of year $299,348$442,415
X-9 Prepaid expenses and deferred chargesStart of year $110,484$99,354
X-10c Land, buildings and equipment, netStart of year $122,195$52,239
X-15 Other assetsStart of year $288,947$200,648
X-16 Total assetsStart of year $2,239,286$2,804,414
X-17 Accounts payable and accrued expensesStart of year $477,644$489,490
X-19 Deferred revenueStart of year $518,993$572,393
X-25 Other liabilitiesStart of year $348,390$252,260
X-26 Total liabilitiesStart of year $1,345,027$1,314,143
X-27 Net assets without donor restrictionsStart of year $894,259$1,490,271
X-32 Total net assets or fund balancesStart of year $894,259$1,490,271
X-33 Total liabilities and net assetsStart of year $2,239,286$2,804,414
Part XI · Reconciliation of net assets $1,490,271 net assets at year end
XI-1 Total revenue$12,747,200
XI-2 Total expenses$12,151,188
XI-3 Revenue less expenses$596,012
XI-4 Net assets at start of year$894,259
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,490,271

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

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