Civic Intelligence

Nicholas House Inc

EIN 58-1762614 • 501(c)3 • Atlanta, GA

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Profile

Nicholas house's mission is to help families experiencing homelessness become self-sufficient by providing them with stable housing while addressing the root causes of their homelessness so that they never become homeless again.

830 Boulevard SEAtlanta, GA 30312

www.nicholashouse.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

57th percentile

0.11x

Higher debt load relative to assets than 57% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

43rd percentile

0.05x

Higher debt load relative to revenue than 43% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

45th percentile

2.1%

Higher net margin than 45% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

83rd percentile

$154,217

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 4.4% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

56th percentile

5.8%

Faster asset growth than 56% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

81st percentile

44%

Faster revenue growth than 81% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets57th percentile

Assets

Down

$1,496,752

Down $66,589 (-4.3%) from 2023

Liabilities

Up

$160,035

Up $12,104 (+8.2%) from 2023

Net Assets

Down

$1,336,717

Down $78,693 (-5.6%) from 2023

Operations
Liabilities / Revenue43rd percentileNet Margin45th percentile

Revenue

Up

$3,522,317

Up $1,376,180 (+64%) from 2023

Expenses

Up

$3,447,927

Up $1,357,072 (+65%) from 2023

Net Income

Up

$74,390

Up $19,108 (+35%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth56th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0Assets 2011: $557,991Liabilities 2011: $71,970Net Assets 2011: $486,0212011Assets 2012: $711,242Liabilities 2012: $44,524Net Assets 2012: $666,7182012Assets 2013: $714,310Liabilities 2013: $27,577Net Assets 2013: $686,7332013Assets 2014: $742,046Liabilities 2014: $32,220Net Assets 2014: $709,8262014Assets 2015: $831,506Liabilities 2015: $61,684Net Assets 2015: $769,8222015Assets 2016: $915,553Liabilities 2016: $125,477Net Assets 2016: $790,0762016Assets 2017: $812,520Liabilities 2017: $83,662Net Assets 2017: $728,8582017Assets 2018: $884,173Liabilities 2018: $85,094Net Assets 2018: $799,0792018Assets 2019: $1,126,208Liabilities 2019: $153,917Net Assets 2019: $972,2912019Assets 2020: $2,007,355Liabilities 2020: $858,841Net Assets 2020: $1,148,5142020Assets 2021: $1,554,894Liabilities 2021: $299,519Net Assets 2021: $1,255,3752021Assets 2022: $1,596,296Liabilities 2022: $236,168Net Assets 2022: $1,360,1282022Assets 2023: $1,563,341Liabilities 2023: $147,931Net Assets 2023: $1,415,4102023Assets 2025: $1,496,752Liabilities 2025: $160,035Net Assets 2025: $1,336,7172025

Highlighted filing

2025

Assets$1,496,752
Liabilities$160,035
Net Assets$1,336,717
Open 2025 Filing

Operations Trend

Revenue Growth81st percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $1,312,567Expenses 2011: $1,248,910Net Income 2011: $63,6572011Revenue 2012: $1,324,916Expenses 2012: $1,144,219Net Income 2012: $180,6972012Revenue 2013: $1,249,465Expenses 2013: $1,229,450Net Income 2013: $20,0152013Revenue 2014: $1,223,145Expenses 2014: $1,200,052Net Income 2014: $23,0932014Revenue 2015: $1,766,098Expenses 2015: $1,706,102Net Income 2015: $59,9962015Revenue 2016: $1,717,240Expenses 2016: $1,696,986Net Income 2016: $20,2542016Revenue 2017: $1,717,073Expenses 2017: $1,778,291Net Income 2017: -$61,2182017Revenue 2018: $1,988,703Expenses 2018: $1,918,482Net Income 2018: $70,2212018Revenue 2019: $2,343,612Expenses 2019: $2,170,400Net Income 2019: $173,2122019Revenue 2020: $2,663,639Expenses 2020: $2,487,416Net Income 2020: $176,2232020Revenue 2021: $4,180,579Expenses 2021: $4,073,718Net Income 2021: $106,8612021Revenue 2022: $2,580,088Expenses 2022: $2,475,335Net Income 2022: $104,7532022Revenue 2023: $2,146,137Expenses 2023: $2,090,855Net Income 2023: $55,2822023Revenue 2025: $3,522,317Expenses 2025: $3,447,927Net Income 2025: $74,3902025

Highlighted filing

2025

Revenue$3,522,317
Expenses$3,447,927
Net Income$74,390
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$1,496,752
Liabilities
$160,035
Net assets
$1,336,717
Revenue
$3,522,317
Expenses
$3,447,927
Net income
$74,390
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.50$0.16$1.34$3.52$3.45$0.07
2023Summary only. Only limited summary data is available for this year.$1.56$0.15$1.42$2.15$2.09$0.06
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.60$0.24$1.36$2.58$2.48$0.10
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.55$0.30$1.26$4.18$4.07$0.11
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.01$0.86$1.15$2.66$2.49$0.18
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.13$0.15$0.97$2.34$2.17$0.17
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.88$0.09$0.80$1.99$1.92$0.07
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.81$0.08$0.73$1.72$1.78$0.06
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.92$0.13$0.79$1.72$1.70$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.83$0.06$0.77$1.77$1.71$0.06
2014Summary only. Only limited summary data is available for this year.$0.74$0.03$0.71$1.22$1.20$0.02
2013Summary only. Only limited summary data is available for this year.$0.71$0.03$0.69$1.25$1.23$0.02
2012Summary only. Only limited summary data is available for this year.$0.71$0.04$0.67$1.32$1.14$0.18
2011Summary only. Only limited summary data is available for this year.$0.56$0.07$0.49$1.31$1.25$0.06
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Sep 1, 2024 to Aug 31, 2025
Signed
Jan 29, 2026
Return Version
2024v5.1
Gross Receipts
$3,535,213
Mission and Program Overview

Mission

Nicholas house's mission is to help families experiencing homelessness become self-sufficient by providing them with stable housing while addressing the root causes of their homelessness so that they never become homeless again.

To help families experiencing homelessness become self sufficient by providing them with stable housing while addressing the root causes of their homelessness so that they never become homeless again.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$477,385$560,931▲ $83,546
Cash and Non-Interest-Bearing Accounts$473,683$461,894▼ $11,789
Savings and Temporary Cash Investments$254,443$264,374▲ $9,931
Land, Buildings, and Equipment, Net$186,221$189,647▲ $3,426
Prepaid Expenses and Deferred Charges$7,249$13,534▲ $6,285
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0--
Investments Program Related$0--
Loans From Officers Directors$0$0→ $0
Total Assets$1,415,097$1,496,752▲ $81,655
Other Assets Total$16,116$6,372▼ $9,744
Liabilities
Accounts Payable and Accrued Expenses$135,988$153,058▲ $17,070
Other Liabilities$16,782$6,977▼ $9,805
Total Liabilities$152,770$160,035▲ $7,265
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$945,956$1,013,267▲ $67,311
Net Assets With Donor Restrictions$316,371$323,450▲ $7,079
Total Net Assets Fund Balance$1,262,327$1,336,717▲ $74,390
Total Liabilities and Net Assets / Fund Balance$1,415,097$1,496,752▲ $81,655

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$179,979$137,368$317,347
Other Land Buildings$9,668$73,202$82,870
Equipment$0$52,341$52,341
Compensation and Service Providers
Top Officer Pay83rd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Jannan ThomasExecutive DirectorFT$154,217$154,217
Shelly HincksonDirector of FinanceFT$106,829$106,829

Board Members and Trustees

NameTitle
Michael JonesPast President
Robert MilsteadPresident
Brittany RawayVice President
Amanda ChappleDirector
Christal CherryDirector
David RileyDirector
Jameela HartmanDirector
John BroganDirector
Kimberly BrownDirector
Mark GannanDirector
Natalie VuoriahoDirector
Ollie MooreDirector
S Bola Tilghman PhdDirector
Stacey BrooksDirector
Trent DunnDirector
Xanthe NealDirector
Edmund MorrellSecretary
Jason ColeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,973,067
Program Service Revenue
$1,540,572
Investment Income
$10,633
Other Revenue
$-1,955
All Other Contributions
$1,591,980
Change in Net Assets
$74,390

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeReported AmountValuation Method
Clothing and Household Goods$145,453Market value
Total Noncash Contributions$145,453-

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,522,317
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$214,019
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$3,736,336
Total Revenue per Form 990
$3,522,317
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,549,436
Grants and Similar Amounts Paid$1,483,172
Total Fundraising Expense$443,587
Other Expenses$352,372
Professional Fundraising Fees$62,947

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$1,483,172--$1,483,172
Other Salaries and Wages$852,215$19,798$204,277$1,076,290
Current Officers, Directors, Trustees, and Key Employees$103,532$95,833$69,292$268,657
Payroll Taxes$70,966$9,045$21,641$101,652
Occupancy$73,510$31$210$73,751
Fees for Services Professional Fundraising--$62,947$62,947
Insurance$41,768$5,883$7,943$55,594
Other Employee Benefits$34,681$8,442$8,530$51,653
Pension Plan Contributions$7,142$24,289$19,753$51,184
Office Expenses$24,091$13,000$6,132$43,223
Depreciation Depletion-$35,451-$35,451
Fees for Services Accounting-$29,050-$29,050
Fees for Services Other$15,837$989$6,572$23,398
Conferences and Meetings$1,889$408$10,992$13,289
Travel$6,882$118$895$7,895
All Other Expenses$6,757$0$0$6,757
Advertising$315$53$2,591$2,959
Other Expenses$2,317$4,625$20,766$2,317
Total Functional Expenses$2,756,787$247,553$443,587$3,447,927

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,661,946
Expenses per Audited Statements$3,447,927
Total Expenses per Form 990$3,447,927
Expenses Not Reported on Form 990$214,019
Expenses Not Reported on Financial Statements$0
Other Expense Adjustments$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$62,947
Fundraising Direct Expenses$12,896
Fundraising Gross Income$10,941

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Dreambuilders$54,703$10,941$236$10,705
Event 2-$0-$0
Total Events$54,703$10,941$12,896$-1,955
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal Income Taxes$6,977
Lease Liabilities-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B Review of form 990 by governing body

“The 990 is submitted to the audit committee for review and subsequently presented to the full board for comment prior to filing.”

Form 990, Part VI, Line 12C Conflict of interest policy

“All board members and staff review the policy annually and complete dislosure forms annually as well as at the time any change may be needed during the year, which is subsequently reported nicholas house, inc. 58-1762614 for reference.”

Form 990, Part VI, Line 15A Process to establish compensation of top management official

“The executive committee of the board conducts a review of the executive director annually and reports results for additional comment and approval to the full board. Compensation is reviewed based on performance. A comprehensive salary survey from an outside thirdparty source is reviewed from time to time, as necessary, to determine comparable compensation levels based on geographic market, size of organization and type of services provided. The final compensation recommendation of the committee is approved by the full board. The executive committee subsequently reviews organizational salary ranges for consistency with comparable ranges for like positions in the area based on third party salary survey. The executive director has authority to set other staff salaries within approved ranges and based on organizational approved budget. A record of the board approvals are recorded as of the meetings minutes.”

Form 990, Part VI, Line 15B Process to establish compensation of other employees

“The executive committee of the board conducts a review of the executive director annually and reports results for additional comment and approval to the full board. Compensation is reviewed based on performance. A comprehensive salary survey from an outside thirdparty source is reviewed from time to time, as necessary, to determine comparable compensation levels based on geographic market, size of organization and type of services provided. The final compensation recommendation of the committee is approved by the full board. The executive committee subsequently reviews organizational salary ranges for consistency with comparable ranges for like positions in the area based on third party salary survey. The executive director has authority to set other staff salaries within approved ranges and based on organizational approved budget. A record of the board approvals are recorded as of the meetings minutes.”

Form 990, Part VI, Line 19 Required documents available to the public

“The items are available in paper copy form upon request by funders or interested parties and are also filed with multiple governament agencies as may be required, which are open to public inspection.”

Filing and Contact Details

Filer

Filer Name
Nicholas House Inc
EIN
58-1762614
Phone
4046220793
Address
830 Boulevard SE, Atlanta, GA 30312

Signing Officer

Name
Jannan Thomas
Title
Executive Director
Phone
4046220793
Signed
2026-01-29
Discuss with paid preparer
Yes

Organization Details

Formed
1989
Legal Domicile
Ga
Voting Board Members
18
Independent Board Members
18
Employees
41
Volunteers
1,668

Preparer

Firm
Mauldin & Jenkins LLC
Address
200 Galleria Parkway Suite 1700, Atlanta, GA 30339
Preparer
Melissa Seward
Phone
7709558600
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C Change of oversight process or selection process

“No change from the prior year.”

Financial Statement Notes

Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote

“The Organization accounts for uncertain tax positions in accordance with accounting standards that provide guidance on when uncertain tax positions are recognized in an entity's financial statements and how the values of these positions are determined. No liability has been recorded as of August 31, 2025 and 2024 due to uncertain tax positions.”

Raw XML AppendixShowing 400 of 658 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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IRS990/ActivityOrMissionDesc0TO HELP FAMILIES EXPERIENCING HOMELESSNESS BECOME SELF SUFFICIENT BY PROVIDING THEM WITH STABLE HOUSING WHILE ADDRESSING THE ROOT CAUSES OF THEIR HOMELESSNESS SO THAT THEY NEVER BECOME HOMELESS AGAIN.
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IRS990/Desc0During the 2024-2025 fiscal year, Nicholas House continued serving homeless families by providing housing and services to 600 people (homeless children and parents). We currently provide housing and services to nearly 300 people each night through a variety of programs that assist families experiencing homelessness at various stages of need. Summary of our primary efforts are: Housing Stability: Housing Stability is a program for families with some income who need financial assistance to stay in their current home and without our financial assistance would lose their home and experience homelessness. Nicholas House pays for rent/utility arrears to help families avoid eviction and provides case management to ensure future success. 223 people avoided eviction through this program with $2,054.76 being the average assistance to help a family avoid experiencing homelessness. 97% of families were able to pay their own housing expenses 3 months and 12 months after assistance was provided. Homeless to Homes (H2H) moves families experiencing homelessness into their own apartments of their choice and out of emergency shelters or other places not meant for habitation. Families pay 30% of their income toward rent with the remainder paid by the program until they can take over complete payment of rent with growing income. Nicholas House provides case management and support services to help families reach their income and other family goals. 138 people were assisted in this program and 95% of families had the ability to pay their own housing expenses 12 months after exit from the program and 80% were able to pay their own housing expenses 24 months after exit from the program. Boulevard Shelter: A safe place to stay for families with no income who need a place to stabilize and gain employment. Nicholas House provides a safe group home for families of any size or makeup to keep families intact and from living in a place not meant for habitation. Many other shelters may separate families and genders, but Nicholas House keeps families together. Families are provided case management and wrap around services to help them move into their own home as quickly as possible. 113 people had a safe place to sleep last year with an average stay of 2 months in our Boulevard Shelter. 89% move into a permanent home after leaving our shelter. New Horizons: Permanent supportive housing for parents with chronic health conditions that make it difficult for them to maintain stable housing for their families. Families are provided immediate housing in their own apartment and are surrounded with services to address their physical and mental health needs, as well as overall case management support. We increased the families served by this program more than 1/3 from the previous year. 196 were provided rental assistance and case management support in this program during the year. Aftercare: In a unique effort, Nicholas House follows all families after they leave our programs for up to two years in order to maintain contact, assess long-term success, ensure full transition to self sufficiency and ensure no unforeseen problems care a relapse back into homelessness. Over the last five years, over 90% of families have continued to maintain their own housing and have not experienced homelessness again. Nearly two thirds of the people served by Nicholas House are children. The unique education, emotional, social and behavioral needs of the children we serve are addressed by the family case manager. Evening activities and programming are designed for different age groups. For example, financial education for parents is paired with age-appropriate financial education for youth and children at the same time. Adult Education/Training: Creating a new future by defining goals and providing educational and training support to help our participants thrive is also included in our programs. Each family establishes an individual service plan tailored to identify and address the uniq
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