Nirsa Foundation EIN 93-1090612

Nirsa Foundation FY2022 filing

EIN  93-1090612 Public charity (501(c)(3)) Corvallis, OR
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →
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 Nirsa Foundation claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Supports college sports with scholarships, research, and development.
Leadership
Lexi Chaput · President & Director (part-Year)
Money in and out
$179K revenue, $224K expenses
Bottom line
70% program efficiency

Supports college sports with scholarships, research, and development. For fiscal year 2022 it reported $179K in revenue, $224K in expenses, and $1.8M in net assets.Pt I

Where the money goes · FY2022
Total revenue
$179K
Pt VIII · Ln 12
Total expenses
$224K
Pt IX · Ln 25
Net assets
$1.8M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$46K
Where spending went · Part IX cols B–D
Program services $0.70 Management & general $0.29 Fundraising $0.01
Program efficiency
70%
of spending reaches programs
Operating runway
96.8mo
months of highly liquid reserves at operating expense rate
Surplus margin
-26%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$179K
FY2022▼ -66%
Expenses
$224K
FY2022▲ +12%
Total assets
$1.8M
FY2022▼ -15%
Total liabilities
$8K
FY2022▼ -42%
Total revenue
$179K
Pt VIII · Ln 12
Total expenses
$224K
Pt IX · Ln 25
Net assets
$1.8M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$46K
Total assetsPt X · Ln 16$1.8M
Program-expense ratioPt IX · col B70%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 411
Mission & Programs · Part III

Where the work happens

3 program services account for $147K of program spending, described in the organization's own filed words · FY2022.
01

During 2022, the nirsa foundation provided grants for students and professionals to attend nirsa educational events (annual conference or institutes) and grants to nirsa to fund research that advances the profession of collegiate recreation.

$119Kprogram expense
02

During 2022, the nirsa foundation provided a grant to hire a third party contractor to assess an organization-wide EQUITY/DIVERSITY/INCLUSION climate study.

$27Kprogram expense
03

During 2022, the nirsa foundation provided grants for professionals to cover their annual membership dues.

$512program expense

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CNirsa Foundation
EINHdr · item D93-1090612
Principal addressHdr · item CCorvallis, OR
WebsiteHdr · item Jwww.nirsa.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MOR
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFRecreation & Sports (N40Z)
Ruling yearIRS BMFJul 1996

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a11
Independent voting membersPt VI · Ln 1b11
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
President & Director (part-Year)
$0Pt VII · Sec A
Pres.-Elect, Pres. (part-Yr) & Dir.
$0Pt VII · Sec A
Pres.-Elect (part-Year) & Director
$0Pt VII · Sec A
Director (part-Year)
$0Pt VII · Sec A
Director (part-Year)
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
See Nirsa Foundation executive salaries →

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

Statement of Revenue

Part VIII
Contributions & grants$162K · 91%
Investment income$18K · 10%
Contributions & grants91%$162K
Investment income10%$18K
Total revenueLn 12$179K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.70 Management & general $0.29 Fundraising $0.01
Program services70%$157K
Management & general29%$65K
Fundraising1%$2K
Total functional expensesLn 25$224K

Balance Sheet

Part X · end of year
CashLn 1$233K
Total assetsLn 16$1.8M
Total liabilitiesLn 26$8K
Total net assetsLn 32$1.8M
Months of cash on handcomputed12.5

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.8M · Operating expenses/yr $224K
96.8 months
Where the money goes
Program services
Program services $157K · Total expenses $224K
70%
Management & General
Management & general $65K · Total expenses $224K
29%
Fundraising
Fundraising $2K · Total expenses $224K
1%
Cost to raise $1
Fundraising expense (3-yr avg) $1K · Solicited contributions (3-yr avg) $143K
$0.01 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $162K · Total revenue $179K
91%
Government reliance
Government grants — · Total revenue $179K
Earned-income share
Program service revenue $0 · Total revenue $179K
0%
Investment reliance
Investment income $18K · Total revenue $179K
+10%
Program self-sufficiency
Program service revenue $0 · Total expenses $224K
0%
Growth & trend
Revenue growth (YoY)
This year $179K · Prior year $522K
-66%
Net-asset trend (YoY)
End of year $1.8M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $179K · Expenses $224K
-26%
Liabilities-to-Assets
Total liabilities — · Total assets $1.8M
Net-asset ratio
Net assets $1.8M · Total assets $1.8M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $1.6M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.8M
87%
People & payroll
Highest Reported Total Compensation
Individual Lexi Chaput · Reported title PRESIDENT & DIRECTOR (PART-YEAR) · Highest reported compensation $0 · Total expenses $224K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $224K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 70%
Overhead ratio 29%
Fundraising cost ratio 1%
Revenue growth -66%
Investment management fee ratio 1%
Accounting fee ratio 0%

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 · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$250
Grants paid · 16 grants · $673K · 2020–2024
Unitemized GrantFY2024$51,801
Unitemized GrantFY2024$1,680
Unitemized GrantFY2024$500
Unitemized GrantFY2023$57,530
Unitemized GrantFY2023$1,304
Unitemized GrantFY2022$30,109
Unitemized GrantFY2022$512
Unitemized GrantFY2021$22,597
Unitemized GrantFY2021$10,998
Unitemized GrantFY2020$32,954
Unitemized GrantFY2020$18,105

Similar Organizations

Closest in mission — by what they do
See all organizations like Nirsa Foundation →

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
FY2024 (Latest)$156K revenue · ⤓ 990 PDF
FY2023$-665 revenue · ⤓ 990 PDF
FY2022$179K revenue · viewing · ⤓ 990 PDF
FY2021$522K revenue · ⤓ 990 PDF
FY2020$193K 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) · FY2022IRS
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.

Pay it forward
Keep 990 Scout free for the next person.

Better charities, better world. There is no paywall here and nothing to unlock: what you pay covers the next person's lookup.

Card, Apple Pay or Google Pay through Stripe. One time.