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Nonprofiteer
← THE NATHANIEL FOUNDATION INC

Form 990 for tax year 2024

Filed by THE NATHANIEL FOUNDATION INC.

Totals

Total revenue
$4,413,842
Total expenses
$3,891,395
Contributions and grants received
$4,142,788
Grants paid
$2,417,825
Program service revenue
$0
Investment income
$124,426
Other revenue
$146,628
Total assets, end of year
$4,260,489
Total liabilities, end of year
$1,250,000
Net assets or fund balances, end of year
$3,010,489
Program services expenses (Part IX)
$3,568,474
Management and general expenses
$322,921
Fundraising expenses
$0
Program service expenses (Part III)
$3,568,474

Program services were 91.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $4,142,788

  • 1g · Noncash contributions included above

    $3,778,175

  • 3 · Investment income

    total $40,503 · related or exempt $40,503

  • 7a · Gross sales of assets other than inventory

    securities $3,235,896

  • 7b · Less cost or other basis and sales expenses

    securities $3,151,973

  • 7c · Gain or loss

    securities $83,923

  • 7d · Net gain or loss

    total $83,923 · related or exempt $83,923

  • 8a · Fundraising events: gross income

    $180,547

  • 8b · Fundraising events: direct expenses

    $38,722

  • 8c · Net income from fundraising events

    total $141,825 · excluded $141,825

  • 11a · Other revenue: EDUCATION CLASSES

    total $4,803 · related or exempt $4,803

  • 11e · Other revenue, total

    $4,803

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $2,417,825 · program services $2,417,825

  • 7 · Other salaries and wages

    total $714,462 · program services $542,991 · management and general $171,471

  • 12 · Advertising and promotion

    total $12,618 · program services $9,590 · management and general $3,028

  • 13 · Office expenses

    total $60,627 · program services $46,077 · management and general $14,550

  • 14 · Information technology

    total $10,307 · program services $7,833 · management and general $2,474

  • 17 · Travel

    total $2,001 · program services $1,521 · management and general $480

  • 20 · Interest

    total $103,516 · program services $78,672 · management and general $24,844

  • 22 · Depreciation, depletion and amortization

    total $86,565 · program services $65,789 · management and general $20,776

  • 23 · Insurance

    total $33,858 · program services $25,732 · management and general $8,126

  • 24a · Other expenses: HONORARIUM

    total $154,095 · program services $154,095

  • 24b · Other expenses: BUILDING MAINTENANCE

    total $114,938 · program services $87,353 · management and general $27,585

  • 24c · Other expenses: RENT EXPENSE

    total $61,721 · program services $46,908 · management and general $14,813

  • 24d · Other expenses: UTILITIES

    total $59,055 · program services $44,882 · management and general $14,173

  • 24e · All other expenses

    total $59,807 · program services $39,206 · management and general $20,601

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $334,668 · end of year $356,567

  • 10a · Land, buildings and equipment: cost or other basis

    $3,954,138

  • 10b · Land, buildings and equipment: accumulated depreciation

    $2,188,140

  • 10c · Land, buildings and equipment, net

    beginning of year $1,841,292 · end of year $1,765,998

  • 11 · Investments: publicly traded securities

    beginning of year $1,511,723 · end of year $2,137,924

  • 25 · Other liabilities

    beginning of year $1,226,674 · end of year $1,250,000

  • 27 · Net assets without donor restrictions

    beginning of year $2,461,009 · end of year $3,010,489

Listed in Part VII

  • PAUL JAY SARVADI

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.8

  • VICKI DENISE SARVADI

    TRUSTEE

    Total calculated
    $0
    Hours/week
    4

  • MICHAEL C RIDDLE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • BRON BARKLEY

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.4

  • RICHARD RAWSON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.4

  • DAWN RAWSON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.4

  • CYNTHIA HEATON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • JOHN PAUL BARKLEY

    TRUSTEE

    Total calculated
    $0
    Hours/week
    10

  • DIANA ALEXANDER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.3

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2024
Filed
6 November 2025
IRS schema version
2024v5.2
Source object
202503159349304495

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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