Civic Intelligence

Nellie Mae Education Foundation Inc.

990T • Fiscal year 2020 • EIN 04-2755323

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 11, 2021

Organization ProfileWWW.NMEFOUNDATION.ORG

View Organization Page

1250 Hancock Street No 701NQuincy, MA 02169

(781) 348-4200

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

-

No earlier filing loaded for comparison.

Net Assets

-

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses

Revenue

-

No earlier filing loaded for comparison.

Expenses

-

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600M$400M$200M$0Assets 2010: $476,103,712Liabilities 2010: $7,756,219Net Assets 2010: $468,347,4932010Assets 2011: $452,722,307Liabilities 2011: $12,676,984Net Assets 2011: $440,045,3232011Assets 2012: $488,648,057Liabilities 2012: $8,708,824Net Assets 2012: $479,939,2332012Assets 2013: $543,288,540Liabilities 2013: $10,896,151Net Assets 2013: $532,392,3892013Assets 2014: $544,884,592Liabilities 2014: $12,492,421Net Assets 2014: $532,392,1712014Assets 2015: $506,350,110Liabilities 2015: $12,264,030Net Assets 2015: $494,086,0802015Assets 2016: $507,900,527Liabilities 2016: $20,567,975Net Assets 2016: $487,332,5522016Assets 2017: $543,378,232Liabilities 2017: $25,309,418Net Assets 2017: $518,068,8142017Assets 2018: $474,910,881Liabilities 2018: $20,860,018Net Assets 2018: $454,050,8632018Assets 2019: $508,837,432Liabilities 2019: $12,964,047Net Assets 2019: $495,873,3852019Assets 2020: $533,194,184Liabilities 2020: $23,120,626Net Assets 2020: $510,073,5582020Assets 2021: $585,493,964Liabilities 2021: $17,222,833Net Assets 2021: $568,271,1312021Assets 2022: $483,194,914Liabilities 2022: $14,080,549Net Assets 2022: $469,114,3652022Assets 2023: $519,417,333Liabilities 2023: $11,587,961Net Assets 2023: $507,829,3722023Assets 2024: $543,039,688Liabilities 2024: $10,508,179Net Assets 2024: $532,531,5092024

Latest loaded filing

2024

Assets$543,039,688
Liabilities$10,508,179
Net Assets$532,531,509
Open 2024 Filing

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$100M$50M$0-$50MRevenue 2010: $18,569,543Expenses 2010: $20,273,311Net Income 2010: -$1,703,7682010Revenue 2011: $6,219,061Expenses 2011: $21,260,618Net Income 2011: -$15,041,5572011Revenue 2012: $6,175,774Expenses 2012: $19,130,961Net Income 2012: -$12,955,1872012Revenue 2013: $16,421,889Expenses 2013: $24,321,610Net Income 2013: -$7,899,7212013Revenue 2014: $23,687,429Expenses 2014: $25,695,670Net Income 2014: -$2,008,2412014Revenue 2015: $22,120,245Expenses 2015: $27,692,639Net Income 2015: -$5,572,3942015Revenue 2016: $18,551,439Expenses 2016: $37,678,141Net Income 2016: -$19,126,7022016Revenue 2017: $18,681,727Expenses 2017: $40,083,082Net Income 2017: -$21,401,3552017Revenue 2018: $27,688,584Expenses 2018: $36,238,805Net Income 2018: -$8,550,2212018Revenue 2019: $13,725,485Expenses 2019: $29,304,784Net Income 2019: -$15,579,2992019Revenue 2020: $28,672,878Expenses 2020: $43,160,448Net Income 2020: -$14,487,5702020Revenue 2021: $94,584,276Expenses 2021: $23,289,401Net Income 2021: $71,294,8752021Revenue 2022: $23,248,571Expenses 2022: $26,327,764Net Income 2022: -$3,079,1932022Revenue 2023: $21,415,739Expenses 2023: $23,090,325Net Income 2023: -$1,674,5862023Revenue 2024: $40,949,471Expenses 2024: $29,994,105Net Income 2024: $10,955,3662024

Latest loaded filing

2024

Revenue$40,949,471
Expenses$29,994,105
Net Income$10,955,366
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 11, 2021
Return Version
2020v1.1
Mission and Program Overview

Mission

The mission of the foundation is to champion efforts that prioritize community goals that challenge inequities and advance excellent, student-centered public education for all new england youth. The foundation is organized and operated as a massachusetts not-for-profit corporation to support educational organizations.

Filing and Contact Details

Filer

Filer Name
Nellie Mae Education Foundation Inc
EIN
04-2755323
Phone
7813484200
Address
1250 HANCOCK STREET NO 701N, QUINCY, MA 02169

Signing Officer

Name
Michael Carey
Title
VP for Finan & Admin/treasurer
Phone
7813484200
Signed
2021-11-11
Discuss with paid preparer
Yes

Preparer

Firm
Cbiz Mhm LLC
Address
500 BOYLSTON STREET, BOSTON, MA 02116
Preparer
Craig Klein
Phone
6177610600
Raw XML Appendix117 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS1120ScheduleD/CapitalGainNetIncomeAmt00
IRS1120ScheduleD/NetLTCapitalGainOrLossAmt0-61804
IRS1120ScheduleD/NetSTCapitalGainOrLossAmt017574
IRS1120ScheduleD/TotalLTCGL1099BNotReceivedGrp/TotalGainOrLossAmt0-61804
IRS1120ScheduleD/TotalSTCGL1099BNotReceivedGrp/TotalGainOrLossAmt017574
IRS8949/LongTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/GainOrLossAmt0-770
IRS8949/LongTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/GainOrLossAmt1-423
IRS8949/LongTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/GainOrLossAmt2-60611
IRS8949/LongTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/PropertyDesc0INCOME/(LOSS) FROM INVESTMENT PARTNERSHI
IRS8949/LongTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/PropertyDesc1INCOME/(LOSS) FROM INVESTMENT PARTNERSHI
IRS8949/LongTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/PropertyDesc2INCOME/(LOSS) FROM INVESTMENT PARTNERSHI
IRS8949/LongTermCapitalGainAndLossGrp/TotalGainOrLossAmt0-61804
IRS8949/LongTermCapitalGainAndLossGrp/TransactionsNotRptedOn1099BInd0X
IRS8949/ShortTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/GainOrLossAmt0-40
IRS8949/ShortTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/GainOrLossAmt114645
IRS8949/ShortTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/GainOrLossAmt22969
IRS8949/ShortTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/PropertyDesc0INCOME/(LOSS) FROM INVESTMENT PARTNERSHI
IRS8949/ShortTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/PropertyDesc1INCOME/(LOSS) FROM INVESTMENT PARTNERSHI
IRS8949/ShortTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/PropertyDesc2INCOME/(LOSS) FROM INVESTMENT PARTNERSHI
IRS8949/ShortTermCapitalGainAndLossGrp/TotalGainOrLossAmt017574
IRS8949/ShortTermCapitalGainAndLossGrp/TransactionsNotRptedOn1099BInd0X
IRS990T/BooksInCareOfDetail/PersonNm0MICHAEL CAREY
IRS990T/BooksInCareOfDetail/PhoneNum07813484271
IRS990T/BooksInCareOfDetail/USAddress/AddressLine1Txt01250 HANCOCK STREET 701N
IRS990T/BooksInCareOfDetail/USAddress/CityNm0QUINCY
IRS990T/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990T/BooksInCareOfDetail/USAddress/ZIPCd002169
IRS990T/BookValueAssetsEOYAmt0533194184
IRS990T/ChangeInMethodOfAccountingInd00
IRS990T/CharitableContributionsDedAmt00
IRS990T/ForeignAccountsQuestionInd00
IRS990T/ForeignTrustQuestionInd00
IRS990T/Form990TScheduleAAttachedCnt01
IRS990T/ItmzdSupplementalInfoGrp/ExplanationTxt0SECTION 1.263(A)-1(F) DE MINIMIS SAFE HARBOR ELECTIONNELLIE MAE EDUCATION FOUNDATION, INC.1250 HANCOCK ST. NO. 701NQUINCY, MA 02169EMPLOYER IDENTIFICATION NUMBER: 04-2755323FOR THE YEAR ENDING DECEMBER 31, 2020NELLIE MAE EDUCATION FOUNDATION, INC. IS MAKING THE DE MINIMIS SAFE HARBOR ELECTION UNDER REG. SEC. 1.263(A)-1(F).
IRS990T/ItmzdSupplementalInfoGrp/LineNum0V
IRS990T/ItmzdSupplementalInfoGrp/PartNum0PART
IRS990T/NetOperatingLossDeductionAmt00
IRS990T/Organization501cCorporationInd0X
IRS990T/Organization501IndicatorGrp/Organization501cTypeTxt0c3
IRS990T/Organization501IndicatorGrp/Organization501Ind0X
IRS990T/PaidTaxLiabilityAmt00
IRS990TScheduleA/CapitalGainNetIncomeAmt00
IRS990TScheduleA/NetOperatingLossDeductionAmt00
IRS990TScheduleA/OfficerDirTrstCompGrp/PersonNm0MICHAEL CAREY
IRS990TScheduleA/OfficerDirTrstCompGrp/TimeDevotedToBusinessPct00.10000
IRS990TScheduleA/OfficerDirTrstCompGrp/TitleTxt0TREASURER & DIR. OF FINANCE
IRS990TScheduleA/OfficerDirTrstCompGrp/UnrelatedBusinessCompAmt04814
IRS990TScheduleA/OtherDeductionsAmt049936
IRS990TScheduleA/PrincipalBusinessActivityCd0525990
IRS990TScheduleA/SequenceReferenceNum01
IRS990TScheduleA/SequenceTotalNum01
IRS990TScheduleA/TotalAllocableDeductionsAmt00
IRS990TScheduleA/TotalCtrlOrgDeductionAmt00
IRS990TScheduleA/TotalCtrlOrgPymtGrossIncmAmt00
IRS990TScheduleA/TotalDeductionsAmt054750
IRS990TScheduleA/TotalDeductionSetAsidesAmt00
IRS990TScheduleA/TotalDirectAdvertisingCostAmt00
IRS990TScheduleA/TotalDividendsReceivedDedAmt00
IRS990TScheduleA/TotalGrossAdvertisingIncomeAmt00
IRS990TScheduleA/TotalGrossDebtFinancedIncmAmt00
IRS990TScheduleA/TotalInvestmentIncomeAmt00
IRS990TScheduleA/TotalOrdinaryGainLossAmt0-361717
IRS990TScheduleA/TotalPrtshpSCorpIncomeAmt030314
IRS990TScheduleA/TotalRentDeductionsAmt00
IRS990TScheduleA/TotalRentIncomeAmt00
IRS990TScheduleA/TotalUnrelatedBusinessCompAmt04814
IRS990TScheduleA/TotExcessReadershipCostsDedAmt00
IRS990TScheduleA/TotNetUnrltTrdBusIncmAmt0-331403
IRS990TScheduleA/TotUnrltTrdBusIncmAmt0-331403
IRS990TScheduleA/TotUnrltTrdBusIncmExpnssAmt00
IRS990TScheduleA/TradeOrBusinessDesc0PARTNERSHIP INVESTMENTS
IRS990TScheduleA/UBIBeforeNOLDedAmt0-386153
IRS990TScheduleA/UnrelatedBusinessTaxblIncmAmt0-386153
IRS990T/SpecificDeductionAmt01000
IRS990T/SubsidiaryCorporationInd00
IRS990T/TaxableCorporationAmt00
IRS990T/TaxLessCreditsAmt00
IRS990T/TotalDeductionAmt01000
IRS990T/TotalTaxAmt00
IRS990T/TotalTaxComputationAmt00
IRS990T/TotalUBTIAmt00
IRS990T/TotalUBTIBeforeNOLSpecificAmt0-386153
IRS990T/TotalUBTIBeforeSection199AAmt0-386153
IRS990T/TotalUBTIComputedAmt0-386153
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL CAREY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VP FOR FINAN & ADMIN/TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07813484200
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NELLIE MAE EDUCATION FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0NELL
ReturnHeader/Filer/EIN0042755323
ReturnHeader/Filer/PhoneNum07813484200
ReturnHeader/Filer/USAddress/AddressLine1Txt01250 HANCOCK STREET NO 701N
ReturnHeader/Filer/USAddress/CityNm0QUINCY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002169
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0263753134
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CBIZ MHM LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0500 BOYLSTON STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BOSTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002116
ReturnHeader/PreparerPersonGrp/PhoneNum06177610600
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CRAIG KLEIN
ReturnHeader/ReturnTs02021-11-15T08:52:06-06:00
ReturnHeader/ReturnTypeCd0990T
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MICHAEL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0CAREY
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990TFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
-
Liabilities
-
Net assets
-
Revenue
-
Expenses
-
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$543$10.5$533$40.9$30.0$11.0
2023Detailed filing. Detailed filing data is available for this year.$519$11.6$508$21.4$23.1$1.67
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$483$14.1$469$23.2$26.3$3.08
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$585$17.2$568$94.6$23.3$71.3
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$533$23.1$510$28.7$43.2$14.5
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.
2019Summary only. Only limited summary data is available for this year.$509$13.0$496$13.7$29.3$15.6
2018Summary only. Only limited summary data is available for this year.$475$20.9$454$27.7$36.2$8.55
2017Summary only. Only limited summary data is available for this year.$543$25.3$518$18.7$40.1$21.4
2016Summary only. Only limited summary data is available for this year.$508$20.6$487$18.6$37.7$19.1
2015Summary only. Only limited summary data is available for this year.$506$12.3$494$22.1$27.7$5.57
2014Summary only. Only limited summary data is available for this year.$545$12.5$532$23.7$25.7$2.01
2013Summary only. Only limited summary data is available for this year.$543$10.9$532$16.4$24.3$7.90
2012Summary only. Only limited summary data is available for this year.$489$8.71$480$6.18$19.1$13.0
2011Summary only. Only limited summary data is available for this year.$453$12.7$440$6.22$21.3$15.0
2010Summary only. Only limited summary data is available for this year.$476$7.76$468$18.6$20.3$1.70