NOBEL PRIZE EDUCATION FUND

EIN: 020783023 501(c)(3) Education

WASHINGTON, DC

Total Revenue
$683,125
Total Expenses
$722,806
Total Assets
$765,993
Net Assets
$765,993
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
DE
Principal Officer
VIDAR HELGESEN
Phone
2027789215
Tax Period
2023-01-01 to 2023-12-31

NOBEL PRIZE EDUCATION FUND, founded in 2006, is a small nonprofit in the Education sector that reported $683K in total revenue in fiscal year 2023. Revenue surged 173% from the prior year, signaling strong growth momentum.

Mission

THE NOBEL PRIZE EDUCATION FUND (NPEF) IS ORGANIZED FOR THE PURPOSE OF SUPPORTING THE CHARITABLE PURPOSES OF THE NOBEL FOUNDATION, A NONPROFIT ORGANIZATION REGISTERED UNDER THE LAWS OF SWEDEN, AND ANY OF ITS AFFILIATES IN THEIR RESPECTIVE CHARITABLE ACTIVITIES. THE NOBEL FOUNDATION HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS A PUBLIC CHARITY UNDER IRC SECTION 501(C)(3), AS A SECTION 509(A)(1) PUBLIC CHARITY. NPEF SUPPORTS ACTIVITIES THAT INSPIRE PEOPLE AROUND THE WORLD BY INFORMING AND EDUCATING THEM ABOUT THE EXTRAORDINARY HUMAN ACHIEVEMENTS AND INDIVIDUALS HONORED BY THE NOBEL FOUNDATION WITH A NOBEL PRIZE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $683,125
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $683,125

Expense Breakdown

Grants Paid $709,650
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $709,650
Other Expenses $13,156
TOTAL EXPENSES $722,806

Year-over-Year Comparison

2023 2022 Change
Revenue $683,125 $250,000 +1.7%
Expenses $722,806 $1,591,990 -0.5%
Net Income $-39,681 $-1,341,990 -1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
2
Employees
N/A
Volunteers
4

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$189,386
Total Directors
4
$199,666
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
VIDAR HELGESEN PRESIDENT 1.00
Officer Director
$0 $0 $189,386
CARL-HENRIK HELDIN DIRECTOR (THRU 10/17/23) 1.00
Director
$0 $0 $3,037
ERIKA LANNER DIRECTOR 1.00
Director
$0 $0 $0
ASTRID SODERBERGH WIDDING DIRECTOR (BEG 10/17/23) 1.00
Director
$0 $0 $7,243
EMMA BERGSTROM SECRETARY/TREASURER 1.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $683,125 $722,806 $765,993 $-39,681
2022 $250,000 $1,591,990 $805,674 $-1,341,990
2021 $1,681,324 $165,244 $2,147,664 $1,516,080
2020 $442,379 $348,501 $631,584 $93,878
2019 $268,531 $5,524 $537,706 $263,007
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