Civic Intelligence

Nichols Foundation Inc

990PF • Fiscal year 2016 • EIN 13-6400615

Jan 01, 2016 to Dec 31, 2016 • Filed on Sep 14, 2017

1111 Pennsylvania Avenue NWWashington, DC 20004

(202) 739-3000

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

13th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

12th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • $10M-$25M nonprofits • Source year 2016

Net Margin

67th percentile

9.3%

Higher net margin than 67% of similar nonprofits.

2016 filings • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

24th percentile

$50,395

Higher top officer pay than 24% of similar nonprofits.

Top officer pay equals 1.3% of source-year revenue.

2016 filings • $10M-$25M nonprofits • Source year 2016

Asset Growth

54th percentile

2.4%

Faster asset growth than 54% of similar nonprofits.

2016 filings • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

91st percentile

59%

Faster revenue growth than 91% of similar nonprofits.

2016 filings • $10M-$25M nonprofits • Annualized from 2015 to 2016

Assets

Up

$15,670,954

Up $361,150 (+2.4%) from 2015

Net Assets

Up

$15,670,954

Up $361,150 (+2.4%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Up

$3,865,918

Up $1,436,408 (+59%) from 2015

Expenses

Up

$3,504,768

Up $1,888,161 (+117%) from 2015

Net Income

Down

$361,150

Down $451,753 (-56%) from 2015

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2011: $13,187,966Liabilities 2011: $02011Assets 2012: $12,603,561Liabilities 2012: $02012Assets 2013: $13,268,460Liabilities 2013: $02013Assets 2014: $14,496,901Liabilities 2014: $02014Assets 2015: $15,309,804Liabilities 2015: $0Net Assets 2015: $15,309,8042015Assets 2016: $15,670,954Liabilities 2016: $0Net Assets 2016: $15,670,9542016

Highlighted filing

2016

Assets$15,670,954
Liabilities$0
Net Assets$15,670,954

Operations Trend

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

$4.0M$2.0M$0-$2.0MRevenue 2011: $786,449Expenses 2011: $1,244,619Net Income 2011: -$458,1702011Revenue 2012: $671,844Expenses 2012: $1,256,249Net Income 2012: -$584,4052012Revenue 2013: $1,939,329Expenses 2013: $1,274,430Net Income 2013: $664,8992013Revenue 2014: $3,113,113Expenses 2014: $1,884,672Net Income 2014: $1,228,4412014Revenue 2015: $2,429,510Expenses 2015: $1,616,607Net Income 2015: $812,9032015Revenue 2016: $3,865,918Expenses 2016: $3,504,768Net Income 2016: $361,1502016

Highlighted filing

2016

Revenue$3,865,918
Expenses$3,504,768
Net Income$361,150
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Sep 14, 2017
Return Version
2016v3.0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JESSICA MELENDEZExecutive DirectorPT$50,395-$50,395
ANDREA CUVELIERVice President-$0--
MICHAEL NICHOLSPresident-$0--
SANDRA P NASHBoard Member-$0--
DARYL CAMERONBoard Member-$0--
KAREN WINCHESTERTreasurer-$0--
MARION WELLSBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Nichols Foundation Inc
EIN
13-6400615
Phone
2027393000
Address
1111 PENNSYLVANIA AVENUE NW, WASHINGTON, DC 20004

Signing Officer

Name
Michael Nichols
Title
President
Signed
2017-09-14
Discuss with paid preparer
Yes

Preparer

Firm
Leaf Miele Manganelli Fortunato & Engel
Address
310 PASSAIC AVE, FAIRFIELD, NJ 07004-2530
Preparer
Scott Hagaman
Phone
9738089500
Raw XML Appendix365 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.

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IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/PropertyDesc2SEE SCHED OF US GOVT SECURITIES
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm0ANDREA CUVELIER
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm1MICHAEL NICHOLS
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm6MARION WELLS
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IRS990PF/StatementsRegardingActyGrp/OwnControlledEntityInd0false
IRS990PF/StatementsRegardingActyGrp/PersonsWithBooksName/BusinessNameLine1Txt0LEAF MIELE MANGANELLI
IRS990PF/StatementsRegardingActyGrp/PhoneNum09738089500
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LiquidationExplanationStmt/ExplanationTxt0ON NOVEMBER 24, 2016, THE BOARD OF DIRECTORS ADOPTED A RESOLUTION TO DISSOLVE THE FOUNDATION. A COPY OF THE PLAN OF DISSOLUTION AND DISTRIBUTION OF ASSETS OF NICHOLS FOUNDATION, INC. IS ATTACHED HERETO.UNDER THE PLAN, ALL ASSETS, CONSISTING OF CASH AND CASH EQUIVALENTS, WILL BE DISTRIBUTED TO THE BOSTON FOUNDATION LOCATED AT 75 ARLINGTON ST. 3RD FLOOR, BOSTON, MA 02116. AN INITIAL DISTRIBUTION OF $1,800,000 WAS DISBURSED TO THE RECIPIENT IN DECEMBER 2016. THE PLAN INTENDS TO DISTRIBUTE THE BALANCE OF NET ASSETS DURING 2017.
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0BANK FEES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc1FOREIGN EXCHANGE LOSS
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc2GENERAL INSURANCE
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc3MANAGEMENT CONSULTING FEES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc4OFFICE EXPENSES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc5OUTSIDE SERVICES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc6PAYROLL PROCESSING
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc7PAYROLL TAX
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc8RETIREMENT & SEVERANCE BENEFITS
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc9STATE FILING FEE
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt018626
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt13374
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt0255
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt12328
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt2422
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt0160
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt1255
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt21546
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt327140
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt423282
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt51125
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt6937
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt74218
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt8168752
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt9750
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/AdjustedNetIncomeAmt00
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/Amt069912
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/CategoryTxt0INVSTMT ADVISORY FEES
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/DisbursementsCharitablePrpsAmt00
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/NetInvestmentIncomeAmt069912
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL NICHOLS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-09-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NICHOLS FOUNDATION INC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CO MORGAN LEWIS & BOCKIUS LLP
ReturnHeader/Filer/BusinessNameControlTxt0NICH
ReturnHeader/Filer/EIN0136400615
ReturnHeader/Filer/PhoneNum02027393000
ReturnHeader/Filer/USAddress/AddressLine1Txt01111 PENNSYLVANIA AVENUE NW
ReturnHeader/Filer/USAddress/CityNm0WASHINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0DC
ReturnHeader/Filer/USAddress/ZIPCd020004
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LEAF MIELE MANGANELLI FORTUNATO & ENGEL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0310 PASSAIC AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FAIRFIELD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0070042530
ReturnHeader/PreparerPersonGrp/PhoneNum09738089500
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SCOTT HAGAMAN
ReturnHeader/ReturnTs02017-09-14T12:33:57-07:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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