American Friends of Nyenrode University Inc

EIN: 452540256 501(c)(3) Philanthropy & Grantmaking

Garden City, NY

Total Revenue
$57,100
Total Expenses
$139,334
Total Assets
$45,930
Net Assets
$45,930
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
DE
Principal Officer
Remco de Rechter
Phone
9174593312
Tax Period
2023-01-01 to 2023-12-31

American Friends of Nyenrode University Inc, founded in 2012, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $57K in total revenue in fiscal year 2023. Revenue fell 51% from the prior year — a significant decline worth monitoring. Expenses of $139K exceeded revenue, resulting in a 144% operating deficit.

Mission

(A) To support education, educational programs and opportunities for post-secondary, college and graduate students by the provision of facilities and equipment, support to faculty and academic programs, and funding scholarships and programs which support international and intercultural experience;(B) To support and provide funding through gifts to any charitable organization which is engaged in similar activities and which would itself qualify as an exempt organization under Section 501(c)(3) of the Code.

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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 $57,100
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $57,100

Expense Breakdown

Grants Paid $135,000
Salaries & Benefits $0
Fundraising Expenses $3,025
Program Expenses $135,000
Other Expenses $4,334
TOTAL EXPENSES $139,334

Year-over-Year Comparison

2023 2022 Change
Revenue $57,100 $115,550 -0.5%
Expenses $139,334 $23,698 +4.9%
Net Income $-82,234 $91,852 -1.9%
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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Governance

Voting Members
13
Independent Members
13
Employees
N/A
Volunteers
N/A

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
0
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Johan De Voogd Director 0.00
Director
$0 $0 $0
Jack Roepers Director 0.00
Director
$0 $0 $0
Sander Spierings Director 0.00
Director
$0 $0 $0
Paul Wahlgren Director 0.00
Director
$0 $0 $0
Ellen Teunissen Director 0.00
Director
$0 $0 $0
Jon Goldberg Director 0.00
Director
$0 $0 $0
Albert van Servellen Director 0.00
Director
$0 $0 $0
Remco de Rechter Treasurer 0.00
Director
$0 $0 $0
James Greisen Secretary 0.00
Director
$0 $0 $0
Louise Out van Staveren Director 0.00
Director
$0 $0 $0
Scott Salazar Director 0.00
Director
$0 $0 $0
Bill Huber Chairman 0.00
Director
$0 $0 $0
Anne Reesch Director 0.00
Director
$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 $57,100 $139,334 $45,930 $-82,234
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