Nicolas Fund for Education
Public records show a registered, tax-exempt organization in good standing.
What it says it does
NICOLAS FUND FOR EDUCATION (NFE) PROVIDES STUDENTS WITH THE SKILLS AND OPPORTUNITIES THEY NEED TO RISE OUT OF POVERTY AND TRANSFORM THEIR LIVES. NFE IS CREATING A GENERATION OF YOUNG LEADERS WHO CAN HELP BRING ABOUT REAL AND LASTING CHANGE IN THEIR COMMUNITIES.
- Income
- $846,496
- Spending
- $779,818
- Spent on programs
- 89%
- Reserves
- 9.4 months of spending
- Largest source of income
- donations and private grants, 96%
- Employees
- 0
- Volunteers
- 130
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 93 out of 100. Higher than 74% of charities in its peer group (education, $250k to $1m).
Reserves
28 of 35Spendable reserves would cover 9.4 months of spending.
Debt
20 of 20It owes 1% of what it owns.
Living within its means
15 of 15Income exceeded spending by 8% of income.
Income trend
15 of 15Income rose 7% on the year before.
Spending floor
15 of 1589% of spending went to programs and raising each dollar of donations cost 6 cents.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 97 out of 100. Higher than 93% of charities in its peer group (education, $250k to $1m).
Independent board
25 of 258 of 8 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Independent check of accounts
12 of 15Its accounts were reviewed or compiled by an independent accountant, but not audited.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (5)
- $572,543 spent. IN 2025, THE SCHOOL HAD 175 STUDENTS. 24 STUDENTS GRADUATED FROM NICOLAS CHRISTIAN SCHOOL'S HIGH SCHOOL AND 28 STUDENTS GRADUATED FROM OUR JUNIOR HIGH. SINCE 2015, WE HAVE HAD 152 STUDENTS GRADUATE FROM HIGH SCHOOL AND 207 GRADUATE FROM JUNIOR HIGH. NICOLAS CHRISTIAN SCHOOL PROVIDES HIGH QUALITY RIGOROUS EDUCATION IN CONFORMANCE WITH GUATEMALAN MINISTRY OF EDUCATION STANDARDS. THE NICOLAS CHRISTIAN SCHOOL PROVIDES SAFE TRANSPORTATION FOR STUDENTS FROM THEIR VILLAGE TO THE SCHOOL IN A NEARBY TOWN WHICH IS APPROXIMATELY 40 MINUTES AWAY AND BACK HOME AGAIN AT THE END OF THE DAY. (CONTINUED ON SCHEDULED O)THESE STUDENTS LIVE IN A REMOTE AGRICULTURAL REGION IN THE HIGHLANDS OF GUATEMALA WHERE MOST YOUNG PEOPLE DO NOT HAVE AN OPPORTUNITY TO RECEIVE HIGHER EDUCATION BEYOND THE SIXTH GRADE FOR FINANCIAL REASONS. IN THIS REGION MIRED IN POVERTY, ONLY 5-13% OF THE RURAL POOR GRADUATE FROM HIGH SCHOOL AND LESS THAN 1% ATTEND UNIVERSITY. DUE TO POOR ROAD CONDITIONS, WE ARE OPERATING A SATELLITE SCHOOL IN A REMOTE VILLAGE AND DIGITAL CURRICULUM FROM NICOLAS CHRISTIAN SCHOOL.
- $49,792 spent. SERVICE TEAM TRIPS - EACH YEAR NFE PROVIDES OPPORTUNITIES FOR INDIVIDUALS, FAMILIES, AND ESPECIALLY EDUCATORS TO PARTICIPATE ON SERVICE TEAMS TO GUATEMALA. TEAMS EACH YEAR SHARE EDUCATIONAL ENRICHMENT ACTIVITIES WITH THE JUNIOR AND SENIOR HIGH NFE STUDENTS AND STAFF, AS WELL AS PRIMARY SCHOOL EDUCATION ENRICHMENT ACTIVITIES IN THE SMALL VILLAGE PRIMARY SCHOOLS. THESE TEAMS IMPACT MEMBERS THROUGH RELATIONSHIPS FORMED WITH STUDENTS AND VILLAGE MEMBERS.
- $33,512 spent. IMPROVEMENTS TO THE SCHOOL, NEW COMPUTER EQUIPMENT AND FURNITURE, AND LIBRARY ENHANCEMENTS.
- $26,641 spent. PROVIDING TUTORING AND PRE-K TEACHING IN REMOTE VILLAGES
- $13,931 spent. AWARDING SCHOLARSHIPS TO GRADUATES TO ASSIST WITH FURTHER EDUCATION
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since February 2013.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.