NICOLAS FUND FOR EDUCATION

EIN: 454887611 501(c)(3) Education

BELLEVUE, WA

Total Revenue
$846,496
Total Expenses
$779,818
Total Assets
$1,351,373
Net Assets
$1,340,737
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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
WA
Principal Officer
ALFRED LOPUS
Phone
2066190999
Tax Period
2025-01-01 to 2025-12-31

NICOLAS FUND FOR EDUCATION, founded in 2012, is a small nonprofit in the Education sector that reported $846K in total revenue in fiscal year 2025. Expenses of $780K left a modest 8% surplus.

Mission

NICOLAS FUND FOR EDUCATION (NFE) PROVIDES STUDENTS WITH THE SKILLS AND OPPORTUNITIES THEY NEED TO RISE OUT OF POVERTY AND TRANSFORM THEIR LIVES. NFE IS CREATING A GENERATION OF YOUNG LEADERS WHO CAN HELP BRING ABOUT REAL AND LASTING CHANGE IN THEIR COMMUNITIES.

Program Service Accomplishments

Program 1
Expenses: $572,543

IN 2025, THE SCHOOL HAD 175 STUDENTS. 24 STUDENTS GRADUATED FROM NICOLAS CHRISTIAN SCHOOL'S HIGH SCHOOL AND 28 STUDENTS GRADUATED FROM OUR JUNIOR HIGH. SINCE 2015, WE HAVE HAD 152 STUDENTS GRADUATE...

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IN 2025, THE SCHOOL HAD 175 STUDENTS. 24 STUDENTS GRADUATED FROM NICOLAS CHRISTIAN SCHOOL'S HIGH SCHOOL AND 28 STUDENTS GRADUATED FROM OUR JUNIOR HIGH. SINCE 2015, WE HAVE HAD 152 STUDENTS GRADUATE FROM HIGH SCHOOL AND 207 GRADUATE FROM JUNIOR HIGH. NICOLAS CHRISTIAN SCHOOL PROVIDES HIGH QUALITY RIGOROUS EDUCATION IN CONFORMANCE WITH GUATEMALAN MINISTRY OF EDUCATION STANDARDS. THE NICOLAS CHRISTIAN SCHOOL PROVIDES SAFE TRANSPORTATION FOR STUDENTS FROM THEIR VILLAGE TO THE SCHOOL IN A NEARBY TOWN WHICH IS APPROXIMATELY 40 MINUTES AWAY AND BACK HOME AGAIN AT THE END OF THE DAY. (CONTINUED ON SCHEDULED O)THESE STUDENTS LIVE IN A REMOTE AGRICULTURAL REGION IN THE HIGHLANDS OF GUATEMALA WHERE MOST YOUNG PEOPLE DO NOT HAVE AN OPPORTUNITY TO RECEIVE HIGHER EDUCATION BEYOND THE SIXTH GRADE FOR FINANCIAL REASONS. IN THIS REGION MIRED IN POVERTY, ONLY 5-13% OF THE RURAL POOR GRADUATE FROM HIGH SCHOOL AND LESS THAN 1% ATTEND UNIVERSITY. DUE TO POOR ROAD CONDITIONS, WE ARE OPERATING A SATELLITE SCHOOL IN A REMOTE VILLAGE AND DIGITAL CURRICULUM FROM NICOLAS CHRISTIAN SCHOOL.

Program 2
Expenses: $49,792

SERVICE TEAM TRIPS - EACH YEAR NFE PROVIDES OPPORTUNITIES FOR INDIVIDUALS, FAMILIES, AND ESPECIALLY EDUCATORS TO PARTICIPATE ON SERVICE TEAMS TO GUATEMALA. TEAMS EACH YEAR SHARE EDUCATIONAL...

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SERVICE TEAM TRIPS - EACH YEAR NFE PROVIDES OPPORTUNITIES FOR INDIVIDUALS, FAMILIES, AND ESPECIALLY EDUCATORS TO PARTICIPATE ON SERVICE TEAMS TO GUATEMALA. TEAMS EACH YEAR SHARE EDUCATIONAL ENRICHMENT ACTIVITIES WITH THE JUNIOR AND SENIOR HIGH NFE STUDENTS AND STAFF, AS WELL AS PRIMARY SCHOOL EDUCATION ENRICHMENT ACTIVITIES IN THE SMALL VILLAGE PRIMARY SCHOOLS. THESE TEAMS IMPACT MEMBERS THROUGH RELATIONSHIPS FORMED WITH STUDENTS AND VILLAGE MEMBERS.

Program 3
Expenses: $33,512

IMPROVEMENTS TO THE SCHOOL, NEW COMPUTER EQUIPMENT AND FURNITURE, AND LIBRARY ENHANCEMENTS.

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

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $816,100
Program Service Revenue $0
Investment Income $30,396
Other Revenue $0
TOTAL REVENUE $846,496

Expense Breakdown

Grants Paid $637,192
Salaries & Benefits $0
Fundraising Expenses $44,934
Program Expenses $696,419
Other Expenses $142,626
TOTAL EXPENSES $779,818

Year-over-Year Comparison

2025 2024 Change
Revenue $846,496 $794,596 +0.1%
Expenses $779,818 $1,003,004 -0.2%
Net Income $66,678 $-208,408 -1.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
8
Independent Members
8
Employees
N/A
Volunteers
130

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
4
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALFRED LOPUS PRESIDENT 20.00
Officer Director
$0 $0 $0
PAUL SELVIG VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
CARRIE NORDBERG SECRETARY 8.00
Officer Director
$0 $0 $0
LOLO LEVY TREASURER 10.00
Officer Director
$0 $0 $0
HEIDI REYNOLDS DIRECTOR 14.00
Director
$0 $0 $0
KATHY RIPER DIRECTOR 10.00
Director
$0 $0 $0
ASHLEY KOO DIRECTOR 5.00
Director
$0 $0 $0
SUSAN DAPRON DIRECTOR 5.00
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
2025 $846,496 $779,818 $1,351,373 $66,678
2024 $794,596 $1,003,004 $1,277,312 $-208,408
2023 $623,703 $1,364,177 $1,450,775 $-740,474
2022 $1,588,514 $826,739 $2,173,704 $761,775
2021 $1,241,478 $375,220 $1,505,432 $866,258
2020 $661,788 $402,721 $656,130 $259,067
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