THE NEST CORPORATION INC

EIN: 461539715 501(c)(3) Human Services

MOBILE, AL

Total Revenue
$202,808
Total Expenses
$117,717
Total Assets
$262,025
Net Assets
$261,925
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
AL
Principal Officer
CAROLE GRANT
Phone
2516043131
Tax Period
2024-01-01 to 2024-12-31

THE NEST CORPORATION INC, founded in 2012, is a small nonprofit in the Human Services sector that reported $203K in total revenue in fiscal year 2024. Revenue surged 52% from the prior year, signaling strong growth momentum. The organization ran a surplus of $85K, a strong 42% operating margin.

Mission

WE SERVE THE NEEDS OF AT-RISK FAMILIES AND CHILDREN IN MOBILE COUNTY THROUGH PARTNERSHIPS WITH AGENCIES, ORGANIZATIONS & INDIVIDUALS. OUR GOAL IS TO NURTURE CHILDREN, EQUIP PARENTS, STRENGTHEN FAMILIES, AND TRANSFORM COMMUNITIES. WE PAIR TEAMS OF COURT APPROVED VOLUNTEERS WITH AT-RISK FAMILIES WHO ARE IN NEED OF SUPPORT, MENTORING AND SKILL DEVELOPMENT.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $112,858
Program Service Revenue $0
Investment Income $1,099
Other Revenue $88,851
TOTAL REVENUE $202,808

Expense Breakdown

Grants Paid $23,806
Salaries & Benefits $62,093
Fundraising Expenses $0
Program Expenses $67,748
Other Expenses $31,818
TOTAL EXPENSES $117,717

Year-over-Year Comparison

2024 2023 Change
Revenue $202,808 $133,068 +0.5%
Expenses $117,717 $109,986 +0.1%
Net Income $85,091 $23,082 +2.7%
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
6
Independent Members
6
Employees
4
Volunteers
100

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
5
$43,080
Total Directors
22
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
VIRGINIA F GUY ADVISORY 0.00
Director
$0 $0 $0
M HARLAND JAY ISON JR ADVISORY 0.00
Director
$0 $0 $0
KIRSTEN ALICE BOARD MEMBER 0.00
Director
$0 $0 $0
LAWRENCE I BATTISTE BOARD MEMBER 0.00
Director
$0 $0 $0
STEVE BEATTY BOARD MEMBER 0.00
Director
$0 $0 $0
KNOX BOTELER BOARD MEMBER 0.00
Director
$0 $0 $0
MICHAEL DEKLE BOARD MEMBER 0.00
Director
$0 $0 $0
JOSEPH H L DZWONKOWSKI BOARD MEMBER 0.00
Director
$0 $0 $0
DANNETTE L MENAKER BOARD MEMBER 0.00
Director
$0 $0 $0
DAVID C MENAKER BOARD MEMBER 0.00
Director
$0 $0 $0
MICHAEL S MCALEER BOARD MEMBER 0.00
Director
$0 $0 $0
NORWOOD MORRIS BOARD MEMBER 0.00
Director
$0 $0 $0
PAIGE M OLDSHUE BOARD MEMBER 0.00
Director
$0 $0 $0
MICHAEL O'NEILL III BOARD MEMBER 0.00
Director
$0 $0 $0
WILLIAM W OPPENHEIMER BOARD MEMBER 0.00
Director
$0 $0 $0
NORMAN D PITMAN III BOARD MEMBER 0.00
Director
$0 $0 $0
BRADLEY SANDERS JR BOARD MEMBER 0.00
Director
$0 $0 $0
LORI WARD SHARPE BOARD MEMBER 0.00
Director
$0 $0 $0
GAILLARD TEAGUE BOARD MEMBER 0.00
Director
$0 $0 $0
KEITH J PEEVY EX-OFFICIO 0.00
Director
$0 $0 $0
JAMES TRES STEFURAK EX-OFFICIO 0.00
Director
$0 $0 $0
ANDY WYNNE EX-OFFICIO 0.00
Director
$0 $0 $0
CAROLE GRANT EXECUTIVE DIRECTOR 40.00
Officer
$43,080 $0 $43,080
TODD MARTIN III CHAIRMAN 0.00
Officer
$0 $0 $0
NORMAN H MCCRUMMEN III CHAIRMAN EMERITUS 0.00
Officer
$0 $0 $0
EDWIN PETE PETERS JR CHAIRMAN EMERITUS 0.00
Officer
$0 $0 $0
KENNY CROW JR TREASURER 0.00
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 $202,808 $117,717 $262,025 $85,091
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