Nest Community Learning Center EIN 81-2868983 Form 990 (PDF) Claim this org

Nest Community Learning Center

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Nourishes and educates low-income children in safe spaces to improve their school success. For fiscal year 2024 it reported $316K in revenue, $356K in expenses, and $116K in net assets.Pt I

Founded
2016
Type
Public charity (501(c)(3)) · Food & Agriculture
Location
Loveland, OH
Website
nestclc.org
Filings
5 on file (2020–2024)
Revenue
$316KFY2024
Expenses
$356K
Net assets
$116K
People
11
Filings
5
Updates
0
More identity details & actions ⌄
EIN  81-2868983 Public charity (501(c)(3)) Loveland, OH Founded 2016
Form 990 (PDF)
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Size
$100K–1M
What they do
Nourishes and educates low-income children in safe spaces to improve their school success.
Leadership
Evangeline Devol · Executive Director Through May 2025 · $45K
Money in and out
$316K revenue, $356K expenses
Bottom line
73% program efficiency
Where the money goes · FY2024
Total revenue
$316K
Pt VIII · Ln 12
Total expenses
$356K
Pt IX · Ln 25
Net assets
$116K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$39K
Where spending went · Part IX cols B–D
Program services $0.73 Management & general $0.23 Fundraising $0.04
Program efficiency
73%
of spending reaches programs▼ -3% vs prior filing year
Operating runway
3.1mo
months of highly liquid reserves at operating expense rate▲ +244% vs prior filing year
Surplus margin
-12%
revenue over expenses, this year▼ -173% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$316K
FY2024▼ -48%
Expenses
$356K
FY2024▼ -30%
Total assets
$121K
FY2024▼ -25%
Total liabilities
$5K
FY2024▼ -2%
Total revenue
$316K
Pt VIII · Ln 12
Total expenses
$356K
Pt IX · Ln 25
Net assets
$116K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$39K
Total assetsPt X · Ln 16$121K
Program-expense ratioPt IX · col B73%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410
Mission & Programs · Part III

Where the work happens

3 program services account for $260K of program spending, described in the organization's own filed words · FY2024.
01

NEST CLC provides free AFTER-SCHOOL programming Monday through Thursday including the following activities: Academic tutoring; Homework help; Wifi access, access to Chromebooks and printers; Books; School supplies; Organized physical activities outdoors to aid in cognitive memory retention; Fresh fruit and other nutritionally sound…

$190Kprogram expense
02

Summer Camp Program

Summer activities are essential to maintain and build relationships and trust among the children and families. This program runs for eight weeks during the summer - program components include: Serving fresh fruit and a nutritionally sound lunch; Organized physical activities (e.g.

$55Kprogram expense
03

NEST's Early Learners Program (ELP) specifically serves children three years old to five years old, the most academically vulnerable in our at-risk child population. The Early Learners Program's entire focus is early academic intervention and mastering school readiness skills.

$16Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CNest Community Learning Center
EINHdr · item D81-2868983
Principal addressHdr · item CLoveland, OH
WebsiteHdr · item Jnestclc.org
Year of formationHdr · item L2016
State of legal domicileHdr · item MOH
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFood & Agriculture (K30)
Ruling yearIRS BMFSep 2016

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b10
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 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director Through May 2025
$45,000Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
President
$0Pt VII · Sec A

Evangeline Devol’s $45K as Executive Director Through May 2025 is at the 46th percentile of top reported officer pay among 1173 $100K–1M food & agriculture 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 · 1 named individual · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Evangeline Devol$45,000$60,000$60,000$52,501$40,000$42,500

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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Statement of Revenue

Part VIII
Contributions & grants$293K · 93%
Other revenue$22K · 7%
Contributions & grants93%$293K
Other revenue7%$22K
Investment income$965
Total revenueLn 12$316K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.73 Management & general $0.23 Fundraising $0.04
Program services73%$260K
Management & general23%$81K
Fundraising4%$15K
Total functional expensesLn 25$356K

Balance Sheet

Part X · end of year
CashLn 1$91K
Total assetsLn 16$121K
Total liabilitiesLn 26$5K
Total net assetsLn 32$116K
Months of cash on handcomputed3.1

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $91K · Operating expenses/yr $356K
3.1 months
Where the money goes
Program services
Program services $260K · Total expenses $356K
73%
Management & General
Management & general $81K · Total expenses $356K
23%
Fundraising
Fundraising $15K · Total expenses $356K
4%
Cost to raise $1
Fundraising expense (3-yr avg) $16K · Solicited contributions (3-yr avg) $421K
$0.04 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $293K · Total revenue $316K
93%
Government reliance
Government grants $0 · Total revenue $316K
0%
Earned-income share
Program service revenue $0 · Total revenue $316K
0%
Investment reliance
Investment income $965 · Total revenue $316K
+0.3%
Program self-sufficiency
Program service revenue $0 · Total expenses $356K
0%
Growth & trend
Revenue growth (YoY)
This year $316K · Prior year $611K
-48%
Revenue CAGR
FY2019 $456K · FY2024 $316K
-7%
Net-asset trend (YoY)
End of year $116K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $316K · Expenses $356K
-12%
Liabilities-to-Assets
Total liabilities — · Total assets $121K
Net-asset ratio
Net assets $116K · Total assets $121K
96%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $121K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Evangeline Devol · Reported title Executive Director through May 2025 · Highest reported compensation $45K · Total expenses $356K
13%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $228K · Total expenses $356K
64%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 73%
Overhead ratio 23%
Fundraising cost ratio 5%
Revenue growth -48%

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 · funders on record
Grants received · FY2024
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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$611K revenue · ⤓ 990 PDF
FY2023$360K revenue · ⤓ 990 PDF
FY2022$313K revenue · ⤓ 990 PDF
FY2021$288K revenue · ⤓ 990 PDF
FY2020$456K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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