The Nelson Family Foundation
- Assets
- $0.0
- Revenue
- $45.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Edmond, OK
- Founding
- 11/2008
- Data as of
- 12/2018
- EIN
- 26-1794986
Organization Overview
The Nelson Family Foundation is located in Edmond, OK. The organization was established in 2008. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations.
For the year ending 12/2018, Nelson Family Foundation generated $45.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (25.1%) each year. All expenses for the organization totaled $47.7k during the year ending 12/2018. As we would expect to see with falling revenues, expenses have declined by (19.3%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary Nelson President | 10 | $4,546 | |
Diana Nelson Secetary/treasurer | 1 | $0 | |
Nicole Nelson Vice President | 10 | $4,546 | |
Matthew Nelson Executive Director | 10 | $4,546 | |
Lindsay Nelson Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $45,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $45,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $13,639 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $4,113 |
| Interest | $0 |
| Taxes | $104 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $17,856 |
| Contributions, gifts, grants paid | $29,848 |
| Total expenses and disbursements | $47,704 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Total assets | $0 |
| 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, The Nelson Family Foundation has awarded $29,848 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
111 PROJECT PURPOSE: GENERAL FUND | $10,000 |
LYNN WHEELER MINISTRIES PURPOSE: GENERAL FUND | $5,098 |
ALLIED ARTS PURPOSE: GENERAL FUND | $2,500 |
NORTH CHURCH PURPOSE: GENERAL FUND | $1,000 |
WHITEBEAD PUBLIC SCHOOLS PURPOSE: SCHOOL SUPPLIES | $500 |
HOPE IS ALIVE MINISTRIES PURPOSE: GENERAL FUNDS | $5,000 |