Nam Endowment Fund FY2021 filing

Tax-deductible

Houston, TX501(c)(3)Since 2000Foundations & GrantmakersEIN 76-0654244Revenue $547K in FY2021

On file with the IRSnamonline.org15555 Kuykendahl Rd, 77090-3607 · Houston, TXTax-exempt since Jan 2001Publicly supported charity — 170(b)(1)(A)(vi)

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To ensure the future services of Northwest Assistance Ministries by providing a permanent source of income from endowed funds.

501(c)(3) charity; gifts are tax-deductible.
83¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · 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
6 of 6
filings with a surplus
Average surplus $331K a year · 60% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
83%
of spending
Looks good: 83% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Named funders
3
named funders · $10K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
14
of 14 voting members
Looks good: 14 of 14 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$547K
+83% vs prior year
Spent
$145K
To programs
83%
Net assets
$3.3M
By yearFY2020–FY2025
Revenue
$547K
FY2021▲ +83%
Tap a bar for its year
Revenue by fiscal year
FY2020$299K
FY2021$547K
FY2022$317K
FY2023$361K
FY2024$1.1M
FY2025$684K
Expenses
$145K
FY2021▲ +25%
Tap a bar for its year
Expenses by fiscal year
FY2020$116K
FY2021$145K
FY2022$222K
FY2023$224K
FY2024$225K
FY2025$415K
Net assets
$3.3M
FY2021▲ +23%
Tap a bar for its year
Net assets by fiscal year
FY2020$2.7M
FY2021$3.3M
FY2022$2.8M
FY2023$3.3M
FY2024$4.7M
FY2025$5.0M

From the FY2021 Form 990 (year ending September 2021) · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 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 Jan 2001.

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

Where the money goes

83 cents of each dollar spent went to programs.

Program services 83% · $121K Management & general 17% · $24K

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.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Member-At-La
$0Pt VII · Sec A
$0Pt VII · Sec A
Member-At-La
$0Pt VII · Sec A
Member-At-La
$0Pt VII · Sec A
Member-At-La
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
See Nam Endowment Fund executive salaries →

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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 15aNo

Programs and updates

Invests endowed funds to permanently support future services.

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Provided by the organization

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1 program · $121K · in their own filed words · FY2020
01

Fundraising and investments for distribution to northwest assistance ministries.

$121Kprogram 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 · FY2023
Total grants receivedfrom 3 funders$10K
See all 3 funders →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$547K
Ln 12
Investment incomeLn 3$325K
Gifts and grantsLn 1h$223K
Money outPt IX
$145K
Ln 25
Programscol B$121K
Managementcol C$24K
Owns and owesPt X
$3.3M
net assets · Ln 32
Total assetsLn 16$3.3M
LiabilitiesLn 26$0
PeoplePt VI, VII
17
listed · VII A
PaidVII A0
Voting boardVI 1a14
IndependentVI 1b14
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$223K
Investment incomeLn 3$325K
Gains on assetsLn 7$253K
Total revenueLn 12$547K
Assets in detailPt X, end of year
InvestmentsLn 11–13$3.3M
Total assetsLn 16$3.3M
LiabilitiesLn 26$0
Net assetsLn 32$3.3M
OperationsPt I, VI
EmployeesI 50
VolunteersI 613
Fiscal year endsHeaderSeptember
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 FY21End FY21
InvestmentsLn 11–13$2.6M$3.3M
Total assetsLn 16$2.7M$3.3M
LiabilitiesLn 26$0$0
Net assetsLn 32$2.7M$3.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Investment management feesLn 11f$24K$24K
Payments to affiliatesLn 21$121K$121K
Total functional expensesLn 25$145K$121K$24K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $684K$415K$270K$5.0M 990 PDF
FY2024 $1.1M$225K$896K$4.7M 990 PDF
FY2023 $361K$224K$137K$3.3M 990 PDF
FY2022 $317K$222K$95K$2.8M 990 PDF
FY2021 Viewing $547K$145K$402K$3.3M 990 PDF
FY2020 $299K$116K$183K$2.7M 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 FY2021 990 (6 parts)
Part I · Summary $547,332 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $204,848$222,505
I-9 Program service revenue$0
I-10 Investment incomePrior year $94,366$324,827
I-11 Other revenue$0
I-12 Total revenuePrior year $299,214$547,332
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $116,198$144,995
I-18 Total expensesPrior year $116,198$144,995
I-19 Revenue less expensesPrior year $183,016$402,337
Part VI · Governance 14 of 14 board members independent, 1 to look at
VI-1a Voting members of the governing body14
VI-1b Independent voting members14
VI-15a Process for setting top official's payNo
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
Part VIII · Statement of revenue $547,332 across 5 lines filed
VIII-1f All other contributions, gifts and grants$222,505
VIII-1h Total contributions, gifts and grants$222,505
VIII-3 Investment incomeRelated to mission $71,707$71,707
VIII-7 Net gain or loss on sales of assetsRelated to mission $253,120$253,120
VIII-12 Total revenueRelated to mission $324,827$547,332
Part IX · Statement of functional expenses $144,995 across 2 lines filed
IX-11f Investment management feesManagement $24,383$24,383
IX-21 Payments to affiliatesPrograms $120,612$120,612
IX-25 Total functional expensesPrograms $120,612 · Management $24,383 · Fundraising $0$144,995
Part X · Balance sheet $3,332,615 assets, 8 lines filed
X-4 Accounts receivableStart of year $152,605$3,724
X-11 Publicly traded securitiesStart of year $2,553,082$3,328,891
X-16 Total assetsStart of year $2,705,687$3,332,615
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $1,470,680$1,667,842
X-28 Net assets with donor restrictionsStart of year $1,235,007$1,664,773
X-32 Total net assets or fund balancesStart of year $2,705,687$3,332,615
X-33 Total liabilities and net assetsStart of year $2,705,687$3,332,615
Part XI · Reconciliation of net assets $3,332,615 net assets at year end
XI-1 Total revenue$547,332
XI-2 Total expenses$144,995
XI-3 Revenue less expenses$402,337
XI-4 Net assets at start of year$2,705,687
XI-5 Net unrealized gains (losses) on investments$224,591
XI-10 Net assets at end of year$3,332,615

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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