THE NEST FUND INC

EIN: 464279313 501(c)(3) Human Services

BROOKLYN, NY

Total Revenue
$247,999
Total Expenses
$219,687
Total Assets
$29,506
Net Assets
$20,006
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
NY
Principal Officer
JOYCE D SILVERMAN
Phone
7183364386
Tax Period
2023-01-01 to 2023-12-31

THE NEST FUND INC, founded in 2013, is a small nonprofit in the Human Services sector that reported $248K in total revenue in fiscal year 2023. Expenses of $220K left a modest 11% surplus.

Mission

CONTRIBUTES USED FURNITURE TO NEEDY FAMILIES CONTRIBUTES CHECKS TO NEEDY FAMILIES

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $247,999
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $247,999

Expense Breakdown

Grants Paid $211,307
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $219,687
Other Expenses $8,380
TOTAL EXPENSES $219,687

Year-over-Year Comparison

2023 2022 Change
Revenue $247,999 $246,120 +0.0%
Expenses $219,687 $247,661 -0.1%
Net Income $28,312 $-1,541 -19.4%
Key Indicators
✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
N/A
Independent Members
N/A
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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RENEE FARMAN DIRECTOR N/A
Officer Director
$0 $0 $0
JOYCE D SILVERMAN MANAGING DIR N/A
Officer Director
$0 $0 $0
MICHAEL SILVERMAN DIRECTOR N/A
Officer 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 $247,999 $219,687 $29,506 $28,312
2022 $246,120 $247,661 $17,493 $-1,541
2021 $242,417 $237,190 $15,292 $5,227
2020 $236,913 $267,417 $19,407 $-30,504
2019 $245,610 $232,718 $50,310 $12,892
Explore More Nonprofits
→Top 100 Nonprofits in New York →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare THE NEST FUND INC with other nonprofits in New York and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.