BEducationEIN: 042755323

Nellie Mae Education Foundation INC

Quincy, Massachusetts

BHealth Score
61B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

How This Organization Compares

Compared to 73 peers in Education with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org21.99×
Peer Median9.48×
💰
$21.4M
Total Revenue
📊
$23.1M
Total Expenses
🏦
$507.8M
Net Assets
📋
$11.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-7.9%
Year-over-year change (2022 → 2023)
Net Margin
-7.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
21.99
Net assets divided by total expenses
Liabilities-to-Assets
2.2%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$21,415,7398%$23,090,32512%$519,417,3337%
2022$23,248,57175%$26,327,76413%$483,194,91417%
2021$94,584,276230%$23,289,40146%$585,493,96410%
2020$28,672,878109%$43,160,44847%$533,194,1845%
2019$13,725,48550%$29,304,78419%$508,837,4327%
2018$27,688,58448%$36,238,80510%$474,910,88113%
2017$18,681,7271%$40,083,0826%$543,378,2327%
2016$18,551,43916%$37,678,14136%$507,900,527
2015$22,120,2457%$27,692,6398%$506,350,1107%
2014$23,687,42944%$25,695,6706%$544,884,592
2013$16,421,889166%$24,321,61027%$543,288,54011%
2012$6,175,7741%$19,130,96110%$488,648,0578%
2011$6,219,06167%$21,260,6185%$452,722,3075%
2010$18,569,543$20,273,311$476,103,712

Frequently Asked Questions

What does Nellie Mae Education Foundation INC do?

Nellie Mae Education Foundation INC is a education nonprofit organization based in Massachusetts. It is classified under NTEE code B120 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Nellie Mae Education Foundation INC financially healthy?

Based on our 9-metric Financial Health Score model, Nellie Mae Education Foundation INC has a score of 61/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Nellie Mae Education Foundation INC generate?

Nellie Mae Education Foundation INC reports $40.9M in annual revenue and holds $543.0M in total assets, based on IRS filings.

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