Nurses on Boards Coalition

Madison, WI · Public charity (501(c)(3))

✓ Tax-deductible
Revenue
$405K
-11% vs prior year
Spent
$483K
To programs
82%
Net assets
$95K
By yearFY2020–FY2024
Revenue
$405K
FY2024▼ -11%
Revenue by fiscal year
FY2020$353K
FY2021$411K
FY2022$421K
FY2023$456K
FY2024$405K
Expenses
$483K
FY2024▲ +1%
Expenses by fiscal year
FY2020$332K
FY2021$346K
FY2022$417K
FY2023$477K
FY2024$483K
Net assets
$95K
FY2024▼ -45%
Net assets by fiscal year
FY2020$126K
FY2021$190K
FY2022$195K
FY2023$173K
FY2024$95K

From the FY2024 Form 990 · see the original

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Legal name (IRS)Hdr · item CNurses on Boards Coalition
EINHdr · item D82-1962611
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFMar 2018
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CMadison, WI
NTEE classificationIRS BMFNonprofit
WebsiteHdr · item Jnursesonboardscoalition.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.82 Management & general $0.13 Fundraising $0.05
Program services82%$394K
Management & general13%$65K
Fundraising5%$24K
Total functional expensesLn 25$483K

Financial health

Is it on solid ground?

Program efficiency
82%
of spending reaches programs▲ +78% vs prior filing year
Operating runway
1.0mo
months of highly liquid reserves at operating expense rate▼ -69% vs prior filing year
Surplus margin
-19%
revenue over expenses, this year▼ -307% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total assets
$113K
FY2024▼ -48%
Total assets by fiscal year
FY2020$182K
FY2021$211K
FY2022$216K
FY2023$217K
FY2024$113K
Total liabilities
$18K
FY2024▼ -59%
Total liabilities by fiscal year
FY2020$56K
FY2021$21K
FY2022$22K
FY2023$44K
FY2024$18K
Revenue less expensesPt I · Ln 19−$78K
Total assetsPt X · Ln 16$113K
Program-expense ratioPt IX · col B82%
Voting members of governing bodyPt I · Ln 342
Independent voting membersPt I · Ln 442

Balance Sheet

Part X · end of year
CashLn 1$42K
Total assetsLn 16$113K
Total liabilitiesLn 26$18K
Total net assetsLn 32$95K
Months of cash on handcomputed1.0

Statement of Revenue

Part VIII
Contributions & grants$346K · 85%
Program service revenue$55K · 14%
Investment income$4K · 1%
Contributions & grants85%$346K
Program service revenue14%$55K
Investment income1%$4K
Total revenueLn 12$405K

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $42K · Operating expenses/yr $483K
1.0 months
Where the money goes
Program services
Program services $394K · Total expenses $483K
82%
Management & General
Management & general $65K · Total expenses $483K
13%
Fundraising
Fundraising $24K · Total expenses $483K
5%
Cost to raise $1
Fundraising expense (3-yr avg) $57K · Solicited contributions (3-yr avg) $369K
$0.16 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $346K · Total revenue $405K
85%
Government reliance
Government grants — · Total revenue $405K
—
Earned-income share
Program service revenue $55K · Total revenue $405K
14%
Investment reliance
Investment income $4K · Total revenue $405K
+1.0%
Program self-sufficiency
Program service revenue $55K · Total expenses $483K
11%
Growth & trend
Revenue growth (YoY)
This year $405K · Prior year $456K
-11%
Revenue CAGR
FY2020 $353K · FY2024 $405K
+3%
Net-asset trend (YoY)
End of year $95K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $405K · Expenses $483K
-19%
Liabilities-to-Assets
Total liabilities — · Total assets $113K
—
Net-asset ratio
Net assets $95K · Total assets $113K
84%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $113K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Laurie Benson · Reported title EXECUTIVE DIRECTOR (THRU DECEMBER) · Highest reported compensation $156K · Total expenses $483K
32%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $345K · Total expenses $483K
72%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 82%——
Overhead ratio 13%——
Fundraising cost ratio 7%——
Revenue growth -11%——
Accounting fee ratio 5%——

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.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director (thru December)
$156,193Pt VII · Sec A
Chief Executive Officer (from November)
$20,865Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary (thru May)
$0Pt VII · Sec A
Secretary (from June)
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Laurie Benson$156,193$158,516$154,746$151,799$141,765
James Cole Edmonson$20,865————

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.

See Nurses on Boards Coalition executive salaries →

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Governance & Policies

Part VI
  • 42Voting board membersPt VI · Ln 1a
  • 42Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13Yes
  • Document retention policyPt VI · Ln 14Yes
  • Top official’s pay independently reviewedPt VI · Ln 15aYes
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Places nurses on decision-making boards to improve community health and health systems.

Provided by the organization

This section is blank until Nurses on Boards Coalition claims this page.

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Mission & Programs · Part III

Where the work happens

1 program service account for $394K of program spending, described in the organization's own filed words · FY2024.
01

The coalition's program services include supporting nurses in becoming board-ready by educating and training them to learn about the expectations around serving on a board, leverage connections to find a board to serve on, and educating decision makers about the benefit of adding nurses to boards to improve healthcare systems at the…

$394Kprogram expense

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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
Total grants receivedfrom 5 funders$71K
See all 5 funders →

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2024 Latest Viewing $405K$483K-11% 990 PDF
FY2023 $456K$477K+8% 990 PDF
FY2022 $421K$417K+2% 990 PDF
FY2021 $411K$346K+16% 990 PDF
FY2020 $353K$332K 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

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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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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