Nada Foundation
- Assets
- $20.7m
- Revenue
- $6.0m
- Investments
- $10.4m
- Employees
- 0
- Location
- Tysons, VA
- Founding
- 12/1976
- Data as of
- 12/2021
- EIN
- 54-1008060
Organization Overview
Nada Foundation is located in Tysons, VA. The organization was established in 1976. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nada Foundation 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, Nada Foundation generated $6.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 23.5% each year . All expenses for the organization totaled $1.4m during the year ending 12/2021. While expenses have increased by 1.9% 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, Nada Foundation has awarded 18 individual grants totaling $723,510. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
OPERATES EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PROVIDES EMERGENCY RELIEF FOR DEALERSHIP EMPLOYEES IMPACTED BY DISASTERS.
THE FOUNDATION PROVIDES ASSISTANCE FOR CANINE COMPANIONS FOR INDEPENDENCE AND OTHER WORTHY CAUSES.
THE AMBASSADOR PROGRAM WAS ESTABLISHED IN 1993 TO GIVE GRANTS TO WORTHY HOSPITALS, ORGANIZATIONS, SCHOOLS, COLLEGES, AND UNIVERSITIES.
WORKFORCE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Trustee | Trustee | 1 | $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 | $701,412 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $701,412 |
| Total Program Service Revenue | $0 |
| Investment income | $330,116 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $4,941,850 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,973,378 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $100,000 |
| Grants and other assistance to domestic individuals. | $1,179,350 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $19,354 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $54,668 |
| Fees for services: Other | $0 |
| Advertising and promotion | $9,000 |
| Office expenses | $15,236 |
| Information technology | $778 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $8,585 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $7,006 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,401,977 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $757,146 |
| Pledges and grants receivable | $5,750 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $44,046 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $9,513,586 |
| Investments—other securities | $10,415,802 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $20,736,330 |
| Accounts payable and accrued expenses | $45,561 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $8,313 |
| Total liabilities | $53,874 |
| Net assets without donor restrictions | $18,984,656 |
| Net assets with donor restrictions | $1,697,800 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $20,736,330 |
Grants Awarded
Over the last fiscal year, Nada Foundation has awarded $200,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Santa Rosa, CA PURPOSE: general support | $100,000 |
Midland, MI PURPOSE: GENERAL SUPPORT | $100,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Nada Foundation has recieved totaling $124,900.
| Awarding Organization | Amount |
|---|---|
The Community Foundation For Greater Atlanta Inc Atlanta, GA PURPOSE: PHILANTHROPY/VOLUNTARISM | $100,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $24,900 |
Endowment Analysis
| Beg. Balance | $11,794,485 |
| Earnings | $1,693,440 |
| Admin Expense | $55,632 |
| Net Contributions | $85,632 |
| Other Expense | $27,633 |
| Ending Balance | $13,490,292 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
International Planned Parenthood Federation - Worldwide Inc Washington, DC | $12,892,390 | $8,172,775 |
International Initiative For Impact Evaluation Inc Washington, DC | $36,732,624 | $4,478,166 |
Durham Realty Inc Durham, NC | $66,578,409 | $21,835,955 |
Kanuga Endowment Inc Hendersonville, NC | $0 | $539,404 |
United Jewish Charities Of Greater Charlotte Inc Charlotte, NC | $8,151,447 | $4,750,352 |
Washington Lawyers Committee For Civil Rights & Urban Affairs Washington, DC | $6,938,100 | $7,098,758 |
Dismas Charities Properties Inc Louisville, KY | $71,077,691 | $7,449,643 |
Adira Foundation Richmond, VA | $46,085 | $190,912 |
American Institute Of Certified Public Accountants Foundation Durham, NC | $13,346,405 | $1,363,179 |
Tudor Place Foundation Inc Washington, DC | $3,166,856 | $2,256,203 |
The Beirne Carter Foundation Richmond, VA | $25,189,504 | $3,003,577 |
The Triad Health Project Greensboro, NC | $661,078 | $1,457,249 |