Totals
- Total revenue
- $5,462,310
- Total expenses
- $5,236,787
- Contributions and grants received
- $4,095,279
- Grants paid
- $0
- Program service revenue
- $1,324,074
- Investment income
- $44,218
- Other revenue
- -$1,261
- Total assets, end of year
- $6,170,653
- Total liabilities, end of year
- $1,328,575
- Net assets or fund balances, end of year
- $4,842,078
- Program services expenses (Part IX)
- $4,176,789
- Management and general expenses
- $511,443
- Fundraising expenses
- $548,555
- Program service expenses (Part III)
- $4,176,789
Program services were 79.8% 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.
-
1c · Fundraising events
$245,020
-
1e · Government grants (contributions)
$364,147
-
1f · All other contributions, gifts and grants
$3,486,112
-
2a · Program service revenue: PROGRAM REVENUES
total $1,305,492 · related or exempt $1,305,492
-
2b · Program service revenue: OTHER PROGRAM REVENUE
total $18,582 · related or exempt $18,582
-
3 · Investment income
total $44,218 · excluded $44,218
-
8a · Fundraising events: gross income
$34,457
-
8a · Fundraising events: contributions included on line 1c
$245,020
-
8b · Fundraising events: direct expenses
$35,955
-
8c · Net income from fundraising events
total -$1,498 · excluded -$1,498
-
10a · Gross sales of inventory
$1,510
-
10b · Cost of goods sold
$1,273
-
10c · Net income from sales of inventory
total $237 · related or exempt $237
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $714,534 · program services $423,002 · management and general $162,000 · fundraising $129,532
-
7 · Other salaries and wages
total $2,209,543 · program services $1,881,749 · management and general $48,860 · fundraising $278,934
-
8 · Pension plan contributions
total $170,215 · program services $142,328 · management and general $4,510 · fundraising $23,377
-
9 · Other employee benefits
total $226,813 · program services $176,070 · management and general $14,596 · fundraising $36,147
-
10 · Payroll taxes
total $194,992 · program services $154,013 · management and general $13,502 · fundraising $27,477
-
11g · Fees: other
total $197,059 · program services $155,567 · management and general $24,362 · fundraising $17,130
-
12 · Advertising and promotion
total $4,838 · program services $2,207 · fundraising $2,631
-
13 · Office expenses
total $146,663 · management and general $146,663
-
17 · Travel
total $45,098 · program services $15,676 · fundraising $29,422
-
23 · Insurance
total $19,252 · management and general $19,252
-
24a · Other expenses: SITE COSTS
total $1,226,177 · program services $1,226,177
-
24b · Other expenses: OTHER COSTS
total $40,207 · management and general $40,166 · fundraising $41
-
24c · Other expenses: SERVICE CHARGES
total $23,868 · management and general $20,004 · fundraising $3,864
-
24d · Other expenses: STATE FILING FEES
total $17,528 · management and general $17,528
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $5,218,744 · end of year $4,630,289
-
3 · Pledges and grants receivable
beginning of year $57,129 · end of year $504,134
-
10a · Land, buildings and equipment: cost or other basis
$0
-
10b · Land, buildings and equipment: accumulated depreciation
$0
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $0
-
11 · Investments: publicly traded securities
end of year $1,005,625
-
15 · Other assets
beginning of year $21,036 · end of year $30,605
-
17 · Accounts payable and accrued expenses
beginning of year $44,818 · end of year $117,395
-
19 · Deferred revenue
beginning of year $271,389 · end of year $211,180
-
25 · Other liabilities
beginning of year $364,147 · end of year $1,000,000
-
27 · Net assets without donor restrictions
beginning of year $2,923,896 · end of year $3,222,864
-
28 · Net assets with donor restrictions
beginning of year $1,692,659 · end of year $1,619,214
Mission and programs · 2022
Mission
NEST, INC. IS A NONPROFIT 501(C)(3) BUILDING A NEW HANDWORKER ECONOMY TO GENERATE GLOBAL WORKFORCE INCLUSIVITY, IMPROVE WOMEN'S WELLBEING BEYOND FACTORIES, AND PRESERVE CULTURAL TRADITIONS OF CRAFT.
Activities or mission (Part I)
NEST, INC. IS AN IRS SECTION 501(C)(3) ORGANIZATION THAT IDENTIFIES AND COLLABORATES WITH RESPONSIBLE ARTISIAN BUSINESS THROUGH THE PROVISION OF CUSTOMIZED CAPACITY BUILDING PROGRAMS TO ENABLE EACH ENTERPRISE TO BECOME PROFITABLE AND HAVE A SIGNIFICANT POSITIVE SOCIAL IMPACT. NEST HAS SEARCHED GLOBALLY TO IDENTIFY A NETWORK OF EXISTING ARTISANAL WORKSHOPS THAT HAVE STRONG LEADERSHIP, ARE SCALABLE AND CAN TRANSFORM THEIR COMMUNITIES IN ONE OF THREE WAYS: ALLEVIATE POVERTY, EMPOWER WOMEN, AND PROMOTE PEACE. THROUGH THEIR PARTICIPATORY MODEL, NEST WORKS WITH THE ARTISANS TO PROVIDE THE SERVICES THEY NEED TO BOTH PRESERVE AND ENHANCE ARTISTIC TRADITIONS AND INCREASE THEIR ABILITY TO MEET THE CAPACITY AND QUALITY DEMANDS OF THE EXPORTING MARKETPLACE.
-
GUILDPROVIDING ARTISAN AND HANDCRAFT BUSINESSES IN DEVELOPING COUNTRIES AROUND THE WORLD TRAINING AND CAPACITY BUILDING RESOURCES, INCLUDING BOTH DIGITAL AND ON-SITE PROGRAMMING, AS WELL AS BUILDING OUT GLOBAL SECTOR SOLUTIONS THAT ADDRESS THE MOST PRESSING AND DIFFICULT CHALLENGES THAT ARTISAN BUSINESSES IN THE DEVELOPING WORLD FACE. NEST IS HELPING ARTISAN BUSINESSES REACH NEW MARKETS IN ORDER TO ENHANCE SOCIAL IMPACT.
Expenses $2,044,984 · Revenue $104,664
-
HARDWORKER SECTOR CONSULTINGTHE PROVISION OF CONSULTING SERVICES IN FURTHERANCE OF THE INTERESTS OF DEVELOPING WORLD ARTISANS. THROUGH THIS EFFORT, NEST WORKS WITH COMMERCIAL BUSINESSES THAT ARE SEEKING TO INCORPORATE DEVELOPING WORLD ARTISAN PRODUCTION AND SUPPORT WITHIN THEIR BUSINESS MODELS. THIS INCLUDES SOURCING STRATEGY, ETHICAL COMPLIANCE TRAINING AND ASSESSMENT, EMPLOYEE ENGAGEMENT ACTIVITIES AND POLICY REVIEW.
Expenses $1,154,316 · Revenue $1,157,147
-
RESEARCH AND ADVOCACYNEST ADVANCES DATA COLLECTION AND RESEARCH FOR THE DEVELOPING WORLD ARTISAN AND HANDCRAFT SECTOR. NEST ADVOCATES AND RAISES AWARENESS FOR THE WORK OF HANDCRAFT BUSINESSES, RECOGNIZING THE IMPORTANCE OF CRAFT AS A CORNERSTONE OF CULTURAL IDENTITY AND ECONOMIC OPPORTUNITY IN THE DEVELOPING WORLD.
Expenses $977,489 · Revenue $62,500
As filed on the 2022 return.
Listed in Part VII
-
Rebecca Van BergenREBECCA VAN BERGEN
EXECUTIVE DIRECTOR
- Total calculated
- $206,788
- From this org
- $165,039
- From related orgs
- $0
- Other
- $41,749
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $165,039
- Bonus
- $0
- Other
- $0
- Deferred
- $16,377
- Nontaxable benefits
- $25,372
- Filer's total
- $206,788
-
Christopher Van BergenCHRISTOPHER VAN BERGEN
CHIEF OPERATING OFFICER
- Total calculated
- $193,668
- From this org
- $163,304
- From related orgs
- $0
- Other
- $30,364
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $163,304
- Bonus
- $0
- Other
- $0
- Deferred
- $15,831
- Nontaxable benefits
- $14,533
- Filer's total
- $193,668
-
Marta DruckmanMARTA DRUCKMAN
CFO
- Total calculated
- $122,126
- From this org
- $87,744
- From related orgs
- $0
- Other
- $34,382
- Hours/week
- 40
-
Ashia DearwesterASHIA DEARWESTER
CHIEF STRATEGY/PARTNERSHIP
- Total calculated
- $191,953
- From this org
- $150,996
- From related orgs
- $0
- Other
- $40,957
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $150,996
- Bonus
- $0
- Other
- $0
- Deferred
- $15,585
- Nontaxable benefits
- $25,372
- Filer's total
- $191,953
-
Lindsey StruckLINDSEY STRUCK
CHIEF HANDCRAFT PROGRAMS OFFICER
- Total calculated
- $150,731
- From this org
- $124,166
- From related orgs
- $0
- Other
- $26,565
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $124,166
- Bonus
- $0
- Other
- $0
- Deferred
- $12,032
- Nontaxable benefits
- $14,533
- Filer's total
- $150,731
-
Jim BrighamJIM BRIGHAM
CHAIR
- Total calculated
- $0
- Hours/week
- 5
-
Nicole Pechanec LuckNICOLE PECHANEC LUCK
CHAIR OF FINANCE
- Total calculated
- $0
- Hours/week
- 5
-
Carmen BusquetsCARMEN BUSQUETS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Brendan CullenBRENDAN CULLEN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Julie MeyerJULIE MEYER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Louise ParzickLOUISE PARZICK
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Marty CordesMARTY CORDES
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Ivanka MamicIVANKA MAMIC
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Tracey Austin-GroomsTRACEY AUSTIN-GROOMS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Tracy ReeseTRACY REESE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Heather BowmanHEATHER BOWMAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Amanda TuckerAMANDA TUCKER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Form 990 of other organizations
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 2 August 2023
- IRS schema version
- 2022v5.0
- Source object
- 202312159349301446
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