The Niles Foundation

EIN: 842828959 501(c)(3) Human Services

Culver City, CA

Total Revenue
$652,496
Total Expenses
$483,033
Total Assets
$248,397
Net Assets
$221,717
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
CA
Principal Officer
Shante Walker
Phone
3106583011
Tax Period
2023-01-01 to 2023-12-31

The Niles Foundation, founded in 2019, is a small nonprofit in the Human Services sector that reported $652K in total revenue in fiscal year 2023. The organization ran a surplus of $169K, a strong 26% operating margin.

Mission

The Niles Foundation is a 501c3 organization dedicated to empowering vulnerable, historically disinvested, and low-income communities, meeting their basic needs through education, training, leadership, environment, and sustainable solutions.

Program Service Accomplishments

Program 1
Expenses: $310,209

The Halo Food Project is a cornerstone community food program by The Niles Foundation aimed at addressing food insecurity and promoting access to fresh and nutritious food for low-income and...

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The Halo Food Project is a cornerstone community food program by The Niles Foundation aimed at addressing food insecurity and promoting access to fresh and nutritious food for low-income and disadvantaged communities. Through The Halo Food Project, The Niles Foundation establishes food distribution centers, community gardens, and educational initiatives to empower residents to grow their own food and make healthier dietary choices. This program not only provides immediate relief by distributing food but also focuses on long-term solutions by fostering self-sufficiency and food sovereignty within communities.

Program 2
Expenses: $66,485

Evclean15 is an educational and outreach program spearheaded by The Niles Foundation to raise awareness about clean transportation alternatives and reduce greenhouse gas (GHG) emissions in...

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Evclean15 is an educational and outreach program spearheaded by The Niles Foundation to raise awareness about clean transportation alternatives and reduce greenhouse gas (GHG) emissions in disadvantaged communities. By promoting the adoption of electric vehicles, public transportation, biking, and walking, Evclean15 aims to mitigate the environmental impact of transportation activities and improve air quality in urban areas. Through community workshops, informational campaigns, and advocacy efforts, this program empowers residents to make sustainable transportation choices that benefit both their health and the environment.

Program 3
Expenses: $59,410

SOMAH's Community Outreach and Awareness program, led by The Niles Foundation, has played a crucial role in increasing awareness and participation in the Solar on Multifamily Affordable Housing...

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SOMAH's Community Outreach and Awareness program, led by The Niles Foundation, has played a crucial role in increasing awareness and participation in the Solar on Multifamily Affordable Housing (SOMAH) program among disadvantaged communities. By providing information sessions, educational resources, and outreach activities, SOMAH's Community Outreach and Awareness initiative has educated residents about the benefits of solar energy, reduced energy costs for low-income households, and promoted environmental sustainability. This program has bridged the gap between underserved communities and renewable energy opportunities, empowering residents to access clean and affordable energy solutions. The Niles Foundation's partnership with SOMAH has further strengthened our commitment to environmental justice and sustainability, ensuring that all community members have access to clean and renewable energy solutions.In conclusion, The Niles Foundation's programs and projects have made a lasting impact on low-income and disadvantaged communities by addressing critical issues such as food insecurity, sustainable agriculture, clean transportation, and renewable energy. Our dedication to creating equitable and sustainable solutions has empowered residents to lead healthier, more resilient lives and has paved the way for a brighter future for

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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 $652,496
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $652,496

Expense Breakdown

Grants Paid $0
Salaries & Benefits $75,203
Fundraising Expenses $0
Program Expenses $436,104
Other Expenses $407,830
TOTAL EXPENSES $483,033

Year-over-Year Comparison

2023 2022 Change
Revenue $652,496 N/A N/A
Expenses $483,033 N/A N/A
Net Income $169,463 N/A N/A
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

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Governance

Voting Members
3
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
$45,208
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Shante Walker President 60.00
Officer
$29,076 $0 $29,076
Wshana Moss Executive Dir. 3.00
Officer
$8,877 $0 $8,877
Jakobi Ewart Executive Dir. 7.00
Officer
$7,255 $0 $7,255
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
2023 $652,496 $483,033 $248,397 $169,463
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