Education
(B120)
990 on File
NELLIE MAE EDUCATION FOUNDATION INC
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$40.9M
Total Revenue
$30.0M
Total Expenses
$532.5M
Net Assets
19
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
85.2%
Fundraising Efficiency
N/A
Operating Reserve
213.05x
Liability-to-Asset
1.9%
Revenue Diversification
100.0%
Executive Compensation
$867K
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $40.9M | $30.0M | $532.5M | 85.2% | 19 |
| 2023 | $21.4M | $23.1M | $507.8M | 81.2% | 21 |
| 2022 | $23.2M | $26.3M | $469.1M | 83.5% | 24 |
| 2021 | $94.6M | $23.3M | N/A | — | 24 |
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