Nlt Foundation Inc
- Assets
- $3.2m
- Revenue
- $428.7k
- Investments
- $3.1m
- Employees
- 0
- Location
- Cincinnati, OH
- Founding
- 06/1997
- Data as of
- 12/2021
- EIN
- 04-3361704
Organization Overview
Nlt Foundation Inc is located in Cincinnati, OH. The organization was established in 1997. According to its NTEE Classification (J32) the organization is classified as: Goodwill Industries, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nlt Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Nlt Foundation Inc generated $428.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $287.3k during the year ending 12/2021. While expenses have increased by 6.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Nlt Foundation Inc has awarded 167 individual grants totaling $1,112,306. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas W Taft President | 0.5 | $0 | |
Perin Mahler Trustee | 0.5 | $0 | |
Dudley S Taft Sr Treasurer | 0.5 | $0 | |
Lucy Rosborough Clerk | 0.5 | $0 | |
Ken Mahler Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $126,626 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $302,110 |
| Capital Gain Net Income | $302,110 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $428,736 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,977 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $20,772 |
| Total operating and administrative expenses | $47,130 |
| Contributions, gifts, grants paid | $240,150 |
| Total expenses and disbursements | $287,280 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $90,131 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $451 |
| Total assets | $3,200,570 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Nlt Foundation Inc has awarded $240,150 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
Cincinnati, OH PURPOSE: ENVIRONMENT | $30,000 |
Long Beach, CA PURPOSE: GEOGRAPHIC | $15,000 |
Dorchester, MA PURPOSE: ARTS/ARTS EDUCATION | $15,000 |
Anaheim, CA PURPOSE: ARTS/ARTS EDUCATION | $15,000 |
Cincinnati, OH PURPOSE: ARTS/ARTS EDUCATION | $12,500 |
Cincinnati, OH PURPOSE: ARTS/ARTS EDUCATION | $12,500 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Nlt Foundation Inc has recieved totaling $50,000.
| Awarding Organization | Amount |
|---|---|
Carol Ann And Ralph V Haile Jr Foundation Cincinnati, OH PURPOSE: URBAN PARTNERSHIP PROJECT | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Goodwill Industries Of Kentucky Inc Louisville, KY | $178,094,287 | $90,756,692 |
Goodwill Keystone Area Harrisburg, PA | $79,763,177 | $71,312,062 |
Goodwill Of Southwestern Pennsylvania Pittsburgh, PA | $27,873,379 | $51,263,693 |
Goodwill Industries Of Central Ohio Inc Columbus, OH | $26,248,903 | $59,867,109 |
Goodwill Easter Seals Miami Valley Dayton, OH | $85,565,204 | $56,204,309 |
Goodwill Industries Of Greater Cleveland And E Central Ohio Inc Canton, OH | $50,804,352 | $48,226,709 |
Goodwill Industries Of Greater Grand Rapids Inc Grandville, MI | $30,878,541 | $44,038,234 |
Goodwill Industries Of Michiana Inc South Bend, IN | $71,477,410 | $47,236,458 |
Ohio Valley Goodwill Industries Rehabilitation Center Inc Cincinnati, OH | $77,402,898 | $38,772,866 |
Goodwill Industries Of Northwest Ohio Inc Toledo, OH | $14,791,040 | $32,136,608 |
Goodwill Industries Of Mid-Michigan Inc Flint, MI | $9,350,796 | $30,637,361 |
Goodwill Industries Of Akron Inc Akron, OH | $23,172,815 | $25,945,292 |