Nexus Trust

Organization Overview

Nexus Trust is located in Plymouth, MN. The organization was established in 2002. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nexus Trust 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 06/2022, Nexus Trust generated $293.7k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $247.8k during the year ending 06/2022. While expenses have increased by 2.2% per year over the past 5 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE SUPPORT AND FURTHER THE EXEMPT PURPOSE OF NEXUS-WOODBOURNE FAMILY HEALING

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE TRUST WAS FORMED AS A SUPPORTING ORGANIZATION FOR THE PURPOSE OF RECEIVING CONTRIBUTIONS MADE TO SUPPORT THE CLIENTS SERVED BY NEXUS-WOODBOURNE FAMILY HEALING, A 501(C)(3)ORGANIZATION. CONTRIBUTIONS WILL BE USED EXCLUSIVELY FOR THE PURPOSES OF CARRYING ON THE ACTIVITIES OF NEXUS-WOODBOURNE FAMILY HEALING.


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Board, Officers & Key Employees

Name (title)Compensation
Michelle Murray
CEO & President
$0
Scott Mcguire
CFO
$0
Cale Christensen
Trustee
$0
Kevin Johnson
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$244,819
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$244,819
Total Program Service Revenue$0
Investment income $9,229
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $39,687
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $293,735

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