Nikki Mitchell Foundation Inc.
Fiscal Year
Fiscal Year Start
01/01/2024
Fiscal Year End
12/31/2024
Projected Revenue
$705,000.00
Projected Expenses
$656,700.00
Organizational Budgets and Other Documents
| 2024 Budget | 2024 |
| 2023 Budget | 2023 |
| 2022 Budget | 2022 |
| 2021 Projected Budget | 2021 |
| 2020 Projected Budget | 2020 |
| 2019 Projected Budget | 2019 |
| 2018 Budget | 2018 |
| 2017 Budget | 2017 |
| 2016 Projected Budget | 2016 |
IRS Letter of Exemption
| IRS Letter of Determination |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Revenue | $595,784.00 | $383,955.00 | $164,540.00 |
| Total Expenses | $463,132.00 | $446,801.00 | $335,358.00 |
| Revenue Less Expenses | $132,652.00 | ($62,846.00) | ($170,818.00) |
Revenue Sources
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Foundation and Corporation Contributions | $0.00 | $0.00 | $0.00 |
| Government - Federal | $0.00 | $0.00 | $0.00 |
| Government - State | $0.00 | $0.00 | $0.00 |
| Government - Local | $0.00 | $0.00 | $0.00 |
| Government - Unspecified | $0.00 | $0.00 | $0.00 |
| Contributions, Gifts, and Grants | $309,989.00 | $166,689.00 | $191,721.00 |
| Indirect Public Support | $0.00 | $0.00 | $0.00 |
| Earned Revenue | $0.00 | $0.00 | $2,094.00 |
| Investment Income, Net of Losses | $2,266.00 | $952.00 | $1,819.00 |
| Membership Dues | $0.00 | $0.00 | $0.00 |
| Special Events | $272,876.00 | $216,268.00 | $-31,162.00 |
| Revenue In-Kind | $0.00 | $0.00 | $0.00 |
| Other | $10,653.00 | $346.00 | $68.00 |
Expense Allocation
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Program Expense | $297,152.00 | $335,441.00 | $237,032.00 |
| Administration Expense | $46,332.00 | $68,347.00 | $65,276.00 |
| Fundraising Expense | $119,648.00 | $43,013.00 | $33,050.00 |
| Total Revenue/Total Expenses | 129% | 86% | 49% |
| Program Expense/Total Expenses | 64% | 75% | 71% |
| Fundraising Expense/Contributed Revenue | 26% | 10% | 10% |
Top Funding Sources
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | Contributions, Gifts, and Grants $309,989.00 | Fundraising Events $216,268.00 | Contributions, Gifts and Grants $191,721.00 |
| Second Highest Funding Source & Dollar Amount | Fundraising Events $272,876.00 | Contributions, Gifts, and Grants $166,689.00 | Program Revenue $2,094.00 |
| Third Highest Funding Source & Dollar Amount | Other Revenue $10,653.00 | Investment Income $952.00 | Investment Income $1,819.00 |
Assets and Liabilities
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Assets | $548,373.00 | $407,086.00 | $463,557.00 |
| Current Assets | $540,187.00 | $397,866.00 | $461,057.00 |
| Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
| Current Liabilities | $16,731.00 | $32,790.00 | $26,415.00 |
| Total Net Assets | $531,642.00 | $374,296.00 | $437,142.00 |
Endowment Info
Do you have an endowment?
No
Capital Campaign Info
Are you currently in a Capital Campaign?
No
Do you anticipate a campaign in the next 5 years?
Yes
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
June
Permit Expiration Year
2024
Form 990s
| 2022 Form 990 | 2022 |
| NMF Public Disclosure 990 | 2021 |
| 2020 Form 990 | 2020 |
| 2019 Form 990 | 2019 |
| 2018 Form 990 | 2018 |
| 2017 Form 990 | 2017 |
| 2016 Form 990 | 2016 |
| 2015 Form 990 | 2015 |
| 2014 Form 990 | 2014 |
| 2013 990N | 2013 |
Audit Documents
| 2022 Audited Financial Statement | 2022 |
| 2019 Audited Financial Statement | 2019 |
| 2018 Audited Financial Statement | 2018 |
Foundation Staff Comments
| Financial figures taken from Form 990. Foundation and corporate grants may be included in Contributions, Gifts, and Grants sum, as these amounts are not separated in Form 990. Form 990 was prepared by Kraft CPAs, PLLC. Comments provided by Nicole Rose 11/20/2023. |
