Nells Foundation
- Assets
- $19.4m
- Revenue
- $1.7m
- Investments
- $6.7m
- Employees
- 0
- Location
- Newport Beach, CA
- Founding
- Data as of
- 06/2023
- EIN
- 84-3379995
Organization Overview
Nells Foundation is located in Newport Beach, CA. According to its NTEE Classification (C99) the organization is classified as: Environment N.E.C., under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nells 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 06/2023, Nells Foundation generated $1.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (24.1%) each year. All expenses for the organization totaled $637.3k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE QUALITY, PUBLIC PROGRAMS THAT SUPPORT STEWARDSHIP IN THE AREAS OF NATURE, THE ARTS, AND HEALTH & WELLNESS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James E Downey President | 0 | $0 | |
Gino Bianchi Vice President | 0 | $0 | |
Brent Anderson Sec/treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,670,000 |
| Interest on Savings | $14,800 |
| 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 | $1,684,800 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $4,304 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $53,195 |
| Depreciation | $66,128 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $486,446 |
| Total operating and administrative expenses | $637,287 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $637,287 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $233,619 |
| Savings and temporary cash investments | $795,077 |
| 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 | $2,318,355 |
| Net Land, buildings, and equipment | $11,644,910 |
| Other assets | $46,823 |
| Total assets | $19,381,101 |
| 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 |