Ndn Fund INC: Nonprofit Profile, Financials & Form 990 (EIN 83-2763481)

Revenue by fiscal year
FY2020	$344K
FY2021	$217K
FY2022	$1.9M
FY2023	$1.7M
FY2024	$337K

Expenses by fiscal year
FY2020	$94K
FY2021	$223K
FY2022	$604K
FY2023	$1.3M
FY2024	$1.8M

Net assets by fiscal year
FY2020	$358K
FY2021	$352K
FY2022	$1.6M
FY2023	$1.9M
FY2024	$405K

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 2019.

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

Where the money goes

93 cents of each dollar spent went to programs.

93%

Program services 93% · $1.7M Management & general 6% · $107K Fundraising 1% · $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

6 people listed on the 990.

Part VII, Section A · reportable compensation

Princess Daazhraii Johnson

Chair

$0Pt VII · Sec A

Melina Laboucan-Massimo

Vice Chair

$0Pt VII · Sec A

Judith Le Blanc

Secretary

$0Pt VII · Sec A

Chrystel Cornelius

Treasurer

$0Pt VII · Sec A

Cindy Logsdon

Board Member

$0Pt VII · Sec A

Kimberly Pate

Managing Director

$0Pt VII · Sec A

See Ndn Fund INC 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 15aYes

Programs and updates

Finances Indigenous-led projects to scale investment and shift decision-making power.

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Provided by the organization

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1 program · $1.7M · in their own filed words · FY2024

01

To increase access to capital and put resources into native change-makers, community developers and sovereign nations.

$1.7Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid

Grants received · FY2023

Ndn Collective INCFY2023$1.2M

Northwest Area FoundationFY2023$250K

Total grants receivedfrom 2 funders$1.4M

Grants paid · 1 grant · $50K · 2020–2020

Ndn Collective INCSD · FY2020$50,000

By the numbers

The FY2024 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$337K

Ln 12

Investment incomeLn 3$307K

Gifts and grantsLn 1h$29K

Other incomeLn 4–11$1K

Money outPt IX

$1.8M

Ln 25

Programscol B$1.7M

Managementcol C$107K

Fundraisingcol D$24K

Owns and owesPt X

$405K

net assets · Ln 32

Cash and savingsLn 1–2$3.2M

Total assetsLn 16$11.9M

LiabilitiesLn 26$11.5M

PeoplePt VI, VII

6

listed · VII A

PaidVII A0

Voting boardVI 1a5

IndependentVI 1b5

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$29K

Investment incomeLn 3$307K

Other incomeLn 4–11$1K

Total revenueLn 12$337K

Assets in detailPt X, end of year

CashLn 1$2.5M

SavingsLn 2$757K

Cash and savings togetherLn 1–2$3.2M

InvestmentsLn 11–13$220

Other assetsLn 15$321K

Total assetsLn 16$11.9M

LiabilitiesLn 26$11.5M

Net assetsLn 32$405K

OperationsPt I, VI

EmployeesI 50

VolunteersI 60

Fiscal year endsHeaderDecember

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

Line	Start FY24	End FY24
Cash and savingsLn 1–2	$5.2M	$3.2M
InvestmentsLn 11–13		$220
Total assetsLn 16	$11.7M	$11.9M
LiabilitiesLn 26	$9.7M	$11.5M
Net assetsLn 32	$1.9M	$405K

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Pay of current officers, directors and key staffLn 5	$232K	$189K	$32K	$11K
Other salaries and wagesLn 7	$408K	$408K
Other employee benefitsLn 9	$217K	$201K	$11K	$5K
Legal feesLn 11b	$43K	$43K
Accounting feesLn 11c	$6K		$6K
Other fees for servicesLn 11g	$449K	$424K	$24K	$685
Advertising and promotionLn 12	$4K	$4K
Office expensesLn 13	$2K	$1K	$749	$242
Information technologyLn 14	$10K	$10K
OccupancyLn 16	$14K	$8K	$4K	$1K
TravelLn 17	$71K	$71K
Conferences, conventions and meetingsLn 19	$16K	$16K
InterestLn 20	$134K	$134K
InsuranceLn 23	$52K	$30K	$16K	$5K
Other expenses (24a–d)Ln 24	$106K	$101K	$4K	$1K
All other expensesLn 24e	$37K	$29K	$8K	$341
Total functional expensesLn 25	$1.8M	$1.7M	$107K	$24K

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2024 Latest Viewing	$337K	$1.8M	−$1.5M	$405K	990 PDF
FY2023	$1.7M	$1.3M	$407K	$1.9M	990 PDF
FY2022	$1.9M	$604K	$1.3M	$1.6M	990 PDF
FY2021	$217K	$223K	−$6K	$352K	990 PDF
FY2020	$344K	$94K	$250K	$358K	990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations

See the full FY2024 990 (6 parts)

Part I · Summary $337,231 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $1,460,591$28,895

I-9 Program service revenuePrior year $0$0

I-10 Investment incomePrior year $256,502$307,250

I-11 Other revenuePrior year $10,476$1,086

I-12 Total revenuePrior year $1,727,569$337,231

I-13 Grants and similar amounts paidPrior year $0$0

I-14 Benefits paid to membersPrior year $0$0

I-15 Salaries and benefitsPrior year $704,366$857,003

I-16a Professional fundraising feesPrior year $0$0

I-17 Other expensesPrior year $615,796$945,595

I-18 Total expensesPrior year $1,320,162$1,802,598

I-19 Revenue less expensesPrior year $407,407−$1,465,367

Part VI · Governance 5 of 5 board members independent, no flags

VI-1a Voting members of the governing body5

VI-1b Independent voting members5

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

VI-15a Process for setting top official's payYes

Part VIII · Statement of revenue $337,231 across 4 lines filed

Lines not itemized here account for $1,086 of total revenue; see the IRS return.

VIII-1f All other contributions, gifts and grants$28,895

VIII-1h Total contributions, gifts and grants$28,895

VIII-3 Investment incomeRelated to mission $300,798 · Excluded from tax $6,452$307,250

VIII-12 Total revenueRelated to mission $300,798 · Unrelated business $0 · Excluded from tax $7,538$337,231

Part IX · Statement of functional expenses $1,802,598 across 16 lines filed

IX-5 Pay of current officers, directors and key staffPrograms $189,130 · Management $32,111 · Fundraising $10,704$231,945

IX-7 Other salaries and wagesPrograms $408,246$408,246

IX-9 Other employee benefitsPrograms $200,740 · Management $11,480 · Fundraising $4,592$216,812

IX-11b Legal feesPrograms $43,353$43,353

IX-11c Accounting feesManagement $6,225$6,225

IX-11g Other fees for servicesPrograms $424,414 · Management $24,337 · Fundraising $685$449,436

IX-12 Advertising and promotionPrograms $4,491$4,491

IX-13 Office expensesPrograms $1,431 · Management $749 · Fundraising $242$2,422

IX-14 Information technologyPrograms $9,949$9,949

IX-16 OccupancyPrograms $7,976 · Management $4,191 · Fundraising $1,352$13,519

IX-17 TravelPrograms $71,370$71,370

IX-19 Conferences, conventions and meetingsPrograms $16,371$16,371

IX-20 InterestPrograms $133,500$133,500

IX-23 InsurancePrograms $30,441 · Management $15,994 · Fundraising $5,159$51,594

IX-24 Other expenses (24a–d)Programs $101,004 · Management $3,906 · Fundraising $1,260$106,170

IX-24e All other expensesPrograms $29,121 · Management $7,733 · Fundraising $341$37,195

IX-25 Total functional expensesPrograms $1,671,537 · Management $106,726 · Fundraising $24,335$1,802,598

Part X · Balance sheet $11,860,279 assets, 14 lines filed

Asset lines not itemized here account for $8,273,467; see the IRS return.

X-1 Cash, non-interest-bearingStart of year $5,113,806$2,451,075

X-2 Savings and temporary cash investmentsStart of year $101,685$757,093

X-4 Accounts receivableStart of year $606,711$7,561

X-9 Prepaid expenses and deferred chargesStart of year $131,046$49,536

X-11 Publicly traded securities$220

X-15 Other assetsStart of year $186,572$321,327

X-16 Total assetsStart of year $11,660,154$11,860,279

X-17 Accounts payable and accrued expensesStart of year $1,203,892$1,722,399

X-24 Unsecured notes and loans payableStart of year $8,541,667$9,733,333

X-26 Total liabilitiesStart of year $9,745,559$11,455,732

X-27 Net assets without donor restrictionsStart of year $1,614,595$401,371

X-28 Net assets with donor restrictionsStart of year $300,000$3,176

X-32 Total net assets or fund balancesStart of year $1,914,595$404,547

X-33 Total liabilities and net assetsStart of year $11,660,154$11,860,279

Part XI · Reconciliation of net assets $404,547 net assets at year end

XI-1 Total revenue$337,231

XI-2 Total expenses$1,802,598

XI-3 Revenue less expenses−$1,465,367

XI-4 Net assets at start of year$1,914,595

XI-5 Net unrealized gains (losses) on investments$187

XI-9 Other changes in net assets−$44,868

XI-10 Net assets at end of year$404,547

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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Ndn Fund INC

Before you give

Is it real?

Where the money goes

Who runs it and what they're paid

Questions the 990 asks

Programs and updates

Questions for Ndn Fund INC

Funders

Grants

By the numbers

Filing history

Schedules filed Part IV