Nailba Charitable Foundation EIN 56-2448850 Form 990 (PDF) Claim this org

Nailba Charitable Foundation FY2022 filing

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Grants funds to charities helping those in need, especially children, and encourages member volunteerism. For fiscal year 2022 it reported $163K in revenue, $227K in expenses, and $256K in net assets.Pt I

Type
Supporting organization · Foundations & Grantmakers
Location
Washington, DC
Website
www.nailbacharitablefoundation.org
Filings
5 on file (2020–2022)
Revenue
$163KFY2022
Expenses
$227K
Net assets
$256K
People
16
Filings
5
Updates
0
More identity details & actions ⌄
EIN  56-2448850 Supporting organization Washington, DC
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Grants funds to charities helping those in need, especially children, and encourages member volunteerism.
Leadership
Robin S Landers · President
Money in and out
$163K revenue, $227K expenses
Bottom line
-40% net inflow
Money in and out · FY2022
Total revenue
$163K
Pt VIII · Ln 12
Total expenses
$227K
Pt IX · Ln 25
Net assets
$256K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$64K
Where spending went · Part IX cols B–D
Program services $0.78 Management & general $0.22
Net inflow
-40%
revenue over expenses, this year
Pass-through gifts
112%
of revenue from contributions
Program spending
78%
of expenses reach stated programs

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$163K
FY2022▼ -45%
Expenses
$227K
FY2022▼ -9%
Total assets
$315K
FY2022▼ -11%
Total liabilities
$60K
FY2022▲ +65%
Total revenue
$163K
Pt VIII · Ln 12
Total expenses
$227K
Pt IX · Ln 25
Net assets
$256K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$64K
Total assetsPt X · Ln 16$315K
Program-expense ratioPt IX · col B78%
Voting members of governing bodyPt I · Ln 315
Independent voting membersPt I · Ln 415
Mission & Programs · Part III

Where the work happens

1 program service account for $176K of program spending, described in the organization's own filed words · FY2022.
01

Grant funds provided to organizations with great purpose and little economic resources that serve to enhance the quality of life for those in need of help with a special emphasis on children.

$176Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CNailba Charitable Foundation
EINHdr · item D56-2448850
Principal addressHdr · item CWashington, DC
Year of formationHdr · item Lpending
State of legal domicileHdr · item MDC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T30)
Ruling yearIRS BMFSep 2006

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a15
Independent voting membersPt VI · Ln 1b15
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Secretary/Treasurer
$0Pt VII · Sec A
Nailba Chair
$0Pt VII · Sec A
Nailba Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Nailba Charitable Foundation executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants$181K · 112%
Investment income$2K · 2%
Contributions & grants112%$181K
Investment income2%$2K
Total revenueLn 12$163K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.78 Management & general $0.22
Program services78%$176K
Management & general22%$51K
Total functional expensesLn 25$227K

Balance Sheet

Part X · end of year
CashLn 1$282K
Total assetsLn 16$315K
Total liabilitiesLn 26$60K
Total net assetsLn 32$256K
Months of cash on handcomputed14.9

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $282K · Operating expenses (Pt IX) $227K · Less non-cash grants $46K · Cash operating expenses/yr $181K
18.7 months
Where the money goes
Program services
Program services $176K · Total expenses $227K
78%
Management & General
Management & general $51K · Total expenses $227K
22%
Fundraising
Fundraising $0 · Total expenses $227K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $206K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $181K · Total revenue $163K
112%
Government reliance
Government grants — · Total revenue $163K
Earned-income share
Program service revenue $0 · Total revenue $163K
0%
Investment reliance
Investment income $2K · Total revenue $163K
+2%
Program self-sufficiency
Program service revenue $0 · Total expenses $227K
0%
Growth & trend
Revenue growth (YoY)
This year $163K · Prior year $298K
-45%
Net-asset trend (YoY)
End of year $256K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $163K · Expenses $227K
-40%
Liabilities-to-Assets
Total liabilities — · Total assets $315K
Net-asset ratio
Net assets $256K · Total assets $315K
81%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $315K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Robin S Landers · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $227K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $227K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 78%
Overhead ratio 22%
Fundraising cost ratio 0%
Revenue growth -45%
Accounting fee ratio 4%

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.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$54
Grants paid · 72 grants · $765K · 2020–2024
Youre Not AloneMN · FY2024$20,000
Woody FoundationVA · FY2024$15,000
Foster Together Mn INCMN · FY2024$7,250
Rainbows for KidsMO · FY2024$6,000
Bridge to BasicsMN · FY2024$6,000
Wishes & MoreMN · FY2023$20,000
On Eagles Wings MinistriesTX · FY2023$20,000
Action 169MN · FY2023$20,000
Kaitlyns Kloset - MnMN · FY2023$18,000
Jewish Relief AgencyPA · FY2023$18,000
Time on the WaterMN · FY2023$12,000
Scholars' Hope FoundationCA · FY2023$10,000
See all 72 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$271K revenue · ⤓ 990 PDF
FY2023$334K revenue · ⤓ 990 PDF
FY2022$163K revenue · viewing · ⤓ 990 PDF
FY2021$298K revenue · ⤓ 990 PDF
FY2020$140K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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