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Nichols Family Foundation

  • Excelsior, MN
  • Tax-exempt since Feb. 2012
  • EIN: 45-3087541

Organization summary

Organization summary might be incomplete or out of date

This organization is not listed in the IRS's most recent list of tax exempt organizations, but we have data associated with this Employer Identification Number.

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Grantmaking Foundations (NTEE)

Summary charts: organization finances over time

Revenue
$2.64k (2024)

Expenses
$2.35k (2024)

Total Assets
$0 (2024)

Total Liabilities
$0 (2024)

Years with missing data
Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$2,636
Expenses
$2,345
Net Income
$291
Net Assets
$0
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $12
0.5%
Sales of Assets $2,624
99.5%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $0
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $0
Total Liabilities $0
Net Assets $0
Compensation
Key Employees and Officers Compensation Other
William D Nichols (Member And Director) $0 $0
Sheri L Nichols (Member And Director) $0 $0
Sarah C Nichols (Member And Director) $0 $0
Jenna L Nichols (Member And Director) $0 $0
Jack R Nichols (Member And Director) $0 $0
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Document Links

990-PF
Filed on May 15, 2025

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$6,276
Expenses
$15,247
Net Income
-$8,971
Net Assets
$146,154
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $5
0.1%
Dividends $3,874
61.7%
Sales of Assets $2,397
38.2%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $12,000
78.7%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $146,154
Total Liabilities $0
Net Assets $146,154
Compensation
Key Employees and Officers Compensation Other
William D Nichols (Member And Director) $0 $0
Sheri L Nichols (Member And Director) $0 $0
Sarah C Nichols (Member And Director) $0 $0
Jenna L Nichols (Member And Director) $0 $0
Jack R Nichols (Member And Director) $0 $0
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Document Links

990-PF
Filed on May 14, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$9,818
Expenses
$14,807
Net Income
-$4,989
Net Assets
$155,125
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $10
0.1%
Dividends $2,660
27.1%
Sales of Assets $7,148
72.8%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $12,000
81.0%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $155,125
Total Liabilities $0
Net Assets $155,125
Compensation
Key Employees and Officers Compensation Other
William D Nichols (Member And Director) $0 $0
Sheri L Nichols (Member And Director) $0 $0
Sarah C Nichols (Member And Director) $0 $0
Jenna L Nichols (Member And Director) $0 $0
Jack R Nichols (Member And Director) $0 $0
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Document Links

990-PF
Filed on May 9, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$15,915
Expenses
$14,863
Net Income
$1,052
Net Assets
$279,227
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $1
0.0%
Dividends $6,787
42.6%
Sales of Assets $9,127
57.3%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $12,000
80.7%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $279,227
Total Liabilities $0
Net Assets $279,227
Compensation
Key Employees and Officers Compensation Other
William D Nichols (Member And Director) $0 $0
Sheri L Nichols (Member And Director) $0 $0
Sarah C Nichols (Member And Director) $0 $0
Jenna L Nichols (Member And Director) $0 $0
Jack R Nichols (Member And Director) $0 $0
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Document Links

990-PF
Filed on July 27, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$13,995
Expenses
$14,355
Net Income
-$360
Net Assets
$225,403
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $4,578
32.7%
Sales of Assets $9,417
67.3%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $12,000
83.6%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $225,403
Total Liabilities $0
Net Assets $225,403
Compensation
Key Employees and Officers Compensation Other
William D Nichols (Member And Director) $0 $0
Sheri L Nichols (Member And Director) $0 $0
Sarah C Nichols (Member And Director) $0 $0
Jenna L Nichols (Member And Director) $0 $0
Jack R Nichols (Member And Director) $0 $0
+ View more people

Document Links

990-PF
Filed on March 2, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$22,522
Expenses
$14,411
Net Income
$8,111
Net Assets
$225,763
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $8,755
38.9%
Sales of Assets $13,767
61.1%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $12,000
83.3%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $225,763
Total Liabilities $0
Net Assets $225,763

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF
PDF (2 of 2)

Fiscal Year Ending Dec.
2018

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2017

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$7,925
Expenses
$13,655
Net Income
-$5,730
Net Assets
$183,869
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $1,325
16.7%
Interest Revenue $0
Dividends $2,284
28.8%
Sales of Assets $4,316
54.5%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $11,000
80.6%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $183,869
Total Liabilities $0
Net Assets $183,869
Compensation
Key Employees and Officers Compensation Other
William D Nichols (Member And Director) $0 $0
Sheri L Nichols (Member And Director) $0 $0
Sarah C Nichols (Member And Director) $0 $0
Jenna L Nichols (Member And Director) $0 $0
Jack R Nichols (Member And Director) $0 $0
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Document Links

990-PF
Filed on May 12, 2017

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$22,247
Expenses
$12,784
Net Income
$9,463
Net Assets
$186,029
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $1,250
5.6%
Interest Revenue $0
Dividends $4,270
19.2%
Sales of Assets $16,727
75.2%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $10,000
78.2%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $186,029
Total Liabilities $0
Net Assets $186,029
Compensation
Key Employees and Officers Compensation Other
William D Nichols (Member And Director) $0 $0
Sheri L Nichols (Member And Director) $0 $0
Sarah C Nichols (Member And Director) $0 $0
Jenna L Nichols (Member And Director) $0 $0
Jack R Nichols (Member And Director) $0 $0
+ View more people

Document Links

990-PF
Filed on Aug. 15, 2016

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$15,986
Expenses
$12,779
Net Income
$3,207
Net Assets
$191,659
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $1,250
7.8%
Interest Revenue $0
Dividends $5,136
32.1%
Sales of Assets $9,600
60.1%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $10,000
78.3%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $191,659
Total Liabilities $0
Net Assets $191,659
Compensation
Key Employees and Officers Compensation Other
William D Nichols (Member And Director) $0 $0
Sheri L Nichols (Member And Director) $0 $0
Sarah C Nichols (Member And Director) $0 $0
Jenna L Nichols (Member And Director) $0 $0
Jack R Nichols (Member And Director) $0 $0
+ View more people

Document Links

990-PF
Filed on July 27, 2015

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$9,352
Expenses
$9,699
Net Income
-$347
Net Assets
$183,586
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $4,477
47.9%
Sales of Assets $4,875
52.1%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $8,319
85.8%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $183,586
Total Liabilities $0
Net Assets $183,586
Compensation
Key Employees and Officers Compensation Other
William D Nichols (Member And Director) $0 $0
Sheri L Nichols (Member And Director) $0 $0
Sarah C Nichols (Member And Director) $0 $0
Jenna L Nichols (Member And Director) $0 $0
Jack R Nichols (Member And Director) $0 $0
+ View more people

Document Links

990-PF
Filed on July 14, 2014

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,041
Expenses
$24,313
Net Income
-$23,272
Net Assets
$166,524
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $1,041
100%
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $22,500
92.5%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $166,525
Total Liabilities $1
Net Assets $166,524

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$300,005
Expenses
$110,300
Net Income
$189,705
Net Assets
$189,705
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $300,000
100.0%
Interest Revenue $0
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $110,300
100%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $189,705
Total Liabilities $0
Net Assets $189,705

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

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