To activate more capital, data, and impact in the nonprofit sector through results-based giving.

501(c)(3) charity; gifts are tax-deductible.
51¢ of each $1 spent went to programs.
$200K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2025 · 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
1 of 6
filings with a surplus
Average deficit $355K a year · 26% of revenue · last 6 filings
Concern: a surplus in 1 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
51%
of spending
Worth a look: 51% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$200K
to officers and key staff · 9% of spending
Looks good: pay to officers and key staff is 9% of spending; 15% or less.
Pt VII · Sec A
4 mo
of spending, in cash
Looks good: 3.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $75K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$748K
109% of total assets
Concern: liabilities are 109% of assets; over 80%.
Pt X · Ln 26
Independent board members
3
of 5 voting members
Looks good: 3 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$16K
-58% vs prior year
Spent
$2.2M
To programs
51%
Net assets
−$63K
By yearFY2020–FY2025
Revenue
$16K
FY2025▼ -58%
Tap a bar for its year
Revenue by fiscal year
FY2020$8.1M
FY2021$5K
FY2022$120K
FY2023$64K
FY2024$38K
FY2025$16K
Expenses
$2.2M
FY2025▲ +84%
Tap a bar for its year
Expenses by fiscal year
FY2020$485K
FY2021$710K
FY2022$1.7M
FY2023$4.2M
FY2024$1.2M
FY2025$2.2M
Net assets
−$63K
FY2025▼ -103%
Tap a bar for its year
Net assets by fiscal year
FY2020$9.7M
FY2021$9.0M
FY2022$7.4M
FY2023$3.3M
FY2024$2.1M
FY2025−$63K

From the FY2025 Form 990 · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 2020.

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

Where the money goes

51 cents of each dollar spent went to programs.

Program services 51% · $1.1M Management & general 49% · $1.1M

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

5 people listed on the 990; $200K paid to officers and key staff.

Part VII, Section A · reportable compensation
$100,000Pt VII · Sec A
Director
$100,000Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A

Catarina Schwab’s $100K as President is at the 97th percentile of top reported officer pay among 202 <$100K human services 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 · 2 named individuals · Part VII

NameFY2025FY2024FY2023
Catarina Schwab$100,000$10,000$10,000
Lindsay Beck$100,000$10,000$10,000

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 Npx Charitable 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 15aNo

Programs and updates

Drives more money, data, and impact into nonprofits using results-based giving.

Questions for Npx Charitable INC

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Provided by the organization

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1 program · $1.1M · in their own filed words · FY2025
01

The organization's mission is to activate more capital, data and impact in the nonprofit sector through results-based giving. NPX holds and manages donor impact funds for a wide range of donors, including: philanthropists; foundations; family offices; community foundations; corporations & corporate foundations-philanthropic advisors…

$1.1Mprogram 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 · FY2022
Total grants receivedfrom 1 funder$75K
Grants paid · 23 grants · $8.5M · 2021–2025
Mission Asset FundCA · FY2025$286,220
Bridge HouseCO · FY2025$160,800
Bridge HouseCO · FY2024$549,400
Mission Asset FundCA · FY2024$328,200
Activate Work INCCO · FY2024$93,600
10000 DegreesCA · FY2024$11,000
CrosspurposeCO · FY2023$1,235,000
The Savings CollaborativeCO · FY2023$1,096,550
10000 DegreesCA · FY2023$792,210
Bridge HouseCO · FY2023$670,000
Activate Work INCCO · FY2023$104,000
Mission Asset FundCA · FY2023$101,320
10000 DegreesCA · FY2022$820,230
Bridge HouseCO · FY2022$321,600
Mission Asset FundCA · FY2022$142,760
See all 23 grants →

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$16K
Ln 12
Investment incomeLn 3$16K
Money outPt IX
$2.2M
Ln 25
Programscol B$1.1M
Managementcol C$1.1M
Owns and owesPt X
−$63K
net assets · Ln 32
Cash and savingsLn 1–2$685K
Total assetsLn 16$685K
LiabilitiesLn 26$748K
PeoplePt VI, VII
5
listed · VII A
PaidVII A2
Voting boardVI 1a5
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Investment incomeLn 3$16K
Total revenueLn 12$16K
Assets in detailPt X, end of year
CashLn 1$685K
SavingsLn 2$0
Cash and savings togetherLn 1–2$685K
Total assetsLn 16$685K
LiabilitiesLn 26$748K
Net assetsLn 32−$63K
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
LineStart FY25End FY25
Cash and savingsLn 1–2$2.3M$685K
Total assetsLn 16$2.3M$685K
LiabilitiesLn 26$150K$748K
Net assetsLn 32$2.1M−$63K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$1.1M$1.1M
Legal feesLn 11b$254$254
Accounting feesLn 11c$16K$16K
Other fees for servicesLn 11g$318K$318K
Office expensesLn 13$3K$3K
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$750K$750K
Total functional expensesLn 25$2.2M$1.1M$1.1M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $16K$2.2M−$2.2M−$63K 990 PDF
FY2024 $38K$1.2M−$1.2M$2.1M 990 PDF
FY2023 $64K$4.2M−$4.2M$3.3M 990 PDF
FY2022 $120K$1.7M−$1.5M$7.4M 990 PDF
FY2021 $5K$710K−$705K$9.0M 990 PDF
FY2020 $8.1M$485K$7.6M$9.7M 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 FY2025 990 (6 parts)
Part I · Summary $16,038 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,945$0
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $36,051$16,038
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $37,996$16,038
I-13 Grants and similar amounts paidPrior year $1,142,760$1,123,020
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $57,114$1,088,790
I-18 Total expensesPrior year $1,199,874$2,211,810
I-19 Revenue less expensesPrior year −$1,161,878−$2,195,772
Part VI · Governance 3 of 5 board members independent, 1 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members3
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 $16,038 across 2 lines filed
VIII-3 Investment incomeExcluded from tax $16,038$16,038
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $16,038$16,038
Part IX · Statement of functional expenses $2,211,810 across 7 lines filed
IX-1 Grants to domestic organizationsPrograms $1,123,020$1,123,020
IX-11b Legal feesManagement $254$254
IX-11c Accounting feesManagement $15,715$15,715
IX-11g Other fees for servicesManagement $318,000$318,000
IX-13 Office expensesManagement $3,292$3,292
IX-23 InsuranceManagement $1,858$1,858
IX-24 Other expenses (24a–d)Management $749,671$749,671
IX-25 Total functional expensesPrograms $1,123,020 · Management $1,088,790 · Fundraising $0$2,211,810
Part X · Balance sheet $685,002 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $45,348$685,002
X-2 Savings and temporary cash investmentsStart of year $2,237,515$0
X-16 Total assetsStart of year $2,282,863$685,002
X-25 Other liabilitiesStart of year $150,000$747,911
X-26 Total liabilitiesStart of year $150,000$747,911
X-27 Net assets without donor restrictionsStart of year −$17,867−$62,909
X-28 Net assets with donor restrictionsStart of year $2,150,730$0
X-32 Total net assets or fund balancesStart of year $2,132,863−$62,909
X-33 Total liabilities and net assetsStart of year $2,282,863$685,002
Part XI · Reconciliation of net assets −$62,909 net assets at year end
XI-1 Total revenue$16,038
XI-2 Total expenses$2,211,810
XI-3 Revenue less expenses−$2,195,772
XI-4 Net assets at start of year$2,132,863
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$62,909

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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