The Nest Corporation Inc
- Assets
- $153.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mobile, AL
- Founding
- 04/2014
- Data as of
- 12/2022
- EIN
- 46-1539715
Organization Overview
The Nest Corporation Inc is located in Mobile, AL. The organization was established in 2014. According to its NTEE Classification (P50) the organization is classified as: Personal Social Services, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nest Corporation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Nest Corporation Inc generated $163.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $128.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
WE HAVE FORMED NEST TEAMS OF 4-6 PEOPLE WHO ARE MENTORING KIDS NOMINATED BY THE JUVENILE COURT AND THEIR AT-RISK FAMILIES. WE HAVE PROVIDED TUTORING, TRAINING, SKILL DEVELOPMENT AND COUNSELING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kirsten Altice Board Member | 0 | $0 | |
Michael Dekle Board Member | 0 | $0 | |
Joseph H L Dzwonkowski Jr Board Member | 0 | $0 | |
Virginia Foxworth Guy Board Member | 0 | $0 | |
The Hon William Hightower Board Member | 0 | $0 | |
Todd Martin III Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $163,619 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $163,619 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $48,219 |
| Professional fees and other payments to independent contractors | $1,750 |
| Occupancy, rent, utilities, and maintenance | $1,328 |
| Printing, publications, postage, and shipping | $526 |
| Other expenses | $45,743 |
| Total expenses | $128,849 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $153,477 |
| Other assets | $0 |
| Total assets | $153,477 |
| Total liabilities | $1,921 |
| Net assets or fund balances | $151,556 |