Nursetrust INC EIN 82-4829675

Nursetrust INC

EIN  82-4829675 Public charity (501(c)(3)) Lexington, KY Founded 2018
Form 990 (PDF) Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Nursetrust INC claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Empowers nursing leaders to grow, collaborate, and transform healthcare.
Leadership
Kathy Davis · President
Money in and out
$291K revenue, $277K expenses
Bottom line
72% program efficiency

Empowers nursing leaders to grow, collaborate, and transform healthcare. For fiscal year 2025 it reported $291K in revenue, $277K in expenses, and $165K in net assets.Pt I

Where the money goes · FY2025
Total revenue
$291K
Pt VIII · Ln 12
Total expenses
$277K
Pt IX · Ln 25
Net assets
$165K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $14K
Where spending went · Part IX cols B–D
Program services $0.72 Management & general $0.28
Program efficiency
72%
of spending reaches programs▲ +3% vs prior filing year
Operating runway
8.1mo
months of highly liquid reserves at operating expense rate▲ +45% vs prior filing year
Surplus margin
+5%
revenue over expenses, this year▼ -52% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$291K
FY2025▼ -14%
Expenses
$277K
FY2025▼ -9%
Total assets
$216K
FY2025▲ +10%
Total liabilities
$51K
FY2025▲ +12%
Total revenue
$291K
Pt VIII · Ln 12
Total expenses
$277K
Pt IX · Ln 25
Net assets
$165K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$14K
Total assetsPt X · Ln 16$216K
Program-expense ratioPt IX · col B72%
Voting members of governing bodyPt I · Ln 316
Independent voting membersPt I · Ln 416
Mission & Programs · Part III

Where the work happens

2 program services account for $199K of program spending, described in the organization's own filed words · FY2025.
01

Membership Programming and Events

Amplify the voices of nurse leaders and proivde professional development through its fellowshp program, trusted conversations and annual summit.

$143Kprogram expense
02

Fellowship Program

The organization administers a fellowship that develops a pipeline of nurse leaders in order for nursing to be full partners in decision making related to the health of our population and our health care system. The fellowship program continued into 2025 reaching a total of 59 fellows and 108 mentors.

$56Kprogram expense

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CNursetrust INC
EINHdr · item D82-4829675
Principal addressHdr · item CLexington, KY
WebsiteHdr · item Jwww.nursetrust.org
Year of formationHdr · item L2018
State of legal domicileHdr · item MKY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHealth Care (E90)
Ruling yearIRS BMFApr 2018

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a16
Independent voting membersPt VI · Ln 1b16
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
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
President
$0Pt VII · Sec A
Past President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Nursetrust INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Statement of Revenue

Part VIII
Contributions & grants$157K · 54%
Program service revenue$134K · 46%
Contributions & grants54%$157K
Program service revenue46%$134K
Investment income$252
Other revenue$3
Total revenueLn 12$291K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.72 Management & general $0.28
Program services72%$199K
Management & general28%$78K
Total functional expensesLn 25$277K

Balance Sheet

Part X · end of year
CashLn 1$188K
Total assetsLn 16$216K
Total liabilitiesLn 26$51K
Total net assetsLn 32$165K
Months of cash on handcomputed8.1

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $188K · Operating expenses/yr $277K
8.1 months
Where the money goes
Program services
Program services $199K · Total expenses $277K
72%
Management & General
Management & general $78K · Total expenses $277K
28%
Fundraising
Fundraising $0 · Total expenses $277K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $800 · Solicited contributions (3-yr avg) $188K
$0.00 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $157K · Total revenue $291K
54%
Government reliance
Government grants — · Total revenue $291K
Earned-income share
Program service revenue $134K · Total revenue $291K
46%
Investment reliance
Investment income $252 · Total revenue $291K
0%
Program self-sufficiency
Program service revenue $134K · Total expenses $277K
48%
Growth & trend
Revenue growth (YoY)
This year $291K · Prior year $339K
-14%
Net-asset trend (YoY)
End of year $165K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $291K · Expenses $277K
+5%
Liabilities-to-Assets
Total liabilities — · Total assets $216K
Net-asset ratio
Net assets $165K · Total assets $216K
77%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $216K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Kathy Davis · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $277K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $277K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 72%
Overhead ratio 28%
Revenue growth -14%

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
Total grants receivedfrom 2 funders$76K

Similar Organizations

Closest in mission — by what they do
See all organizations like Nursetrust INC →

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$291K revenue · viewing · ⤓ 990 PDF
FY2024$339K revenue · ⤓ 990 PDF
FY2023$313K revenue · ⤓ 990 PDF
FY2022$129K revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.