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Nido - Coworking & Childcare

EIN 82-3833368 · Hixson, TN

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthNot ratedToo small or too little detailGovernanceFair50 out of 100Impact evidenceDescribes programsHow well its results are evidenced

Points to look into

  • It owes more than it owns.

These come from the organization's own tax return. There may be a good explanation; ask the charity.

What it says it does

NIDO COWORKING & CHILDCARE PROVIDES SHARED OFFICE SPACE WITH ON-SITE CHILDCARE AND, IN DOING SO,SUPPORTS PARENTS IN ACHIEVING WORK-LIFE BALANCE AND FOSTERING SUSTAINABLE CAREER PATHS.

Income
$65
Spending
$10,510
Reserves
-60 months of spending
Largest source of income
donations and private grants, 100%
Employees
0

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Fair: 50 out of 100. Higher than 26% of charities in its peer group (human services, under $250k).

  • Independent board

    25 of 25

    7 of 7 voting board members are independent.

  • Conflict of interest policy

    0 of 15

    Reports no written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    0 of 10

    Did not give the board a copy of this return before filing it.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, 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 (1)
  1. IN THE PAST YEARS, NIDO SUCCESSFULLY PROVIDED AN INNOVATIVE CHILDCARE AND COWORKING SOLUTION TO SUPPORT WORKING FAMILIES IN OUR COMMUNITY. THROUGH OUR EFFORTS, WE SERVED MANY FAMILIES, OFFERING HIGH-QUALITY CHILDCARE SERVICES AND A SUPPORTIVE ENVIRONMENT FOR PROFESSIONAL PRODUCTIVITY. DESPITE OUR DEDICATED EFFORTS TO SECURE A NEW LOCATION TO CONTINUE OPERATIONS, CIRCUMSTANCES BEYOND OUR CONTROL LED TO THE DECISION TO CEASE OPERATIONS IN 2025. NONETHELESS, WE ARE PROUD OF THE IMPACT WE HAVE MADE BY FOSTERING WORK-LIFE BALANCE AND CREATING A COMMUNITY-CENTERED MODEL THAT HAS POSITIVELY INFLUENCED FAMILIES AND PROFESSIONALS ALIKE. THE ORGANIZATION HAD NO FINANCIAL ACTIVITY OR OPERATIONAL PROGRAMS DURING THE CURRENT TAX YEAR. THE BOARD HAS VOTED TO DISSOLVE THE NON PROFIT IN 2025, AND STEPS TOWARDS FORMAL DISSOLUTION WILL BE COMPLETED IN ACCORDANCE WITH THE IRS REQUIREMENTS. IN THE PAST YEARS, NIDO SUCCESSFULLY PROVIDED AN INNOVATIVE CHILDCARE AND COWORKING SOLUTION TO SUPPORT WORKING FAMILIES IN OUR COMMUNITY. THROUGH OUR EFFORTS, WE SERVED MANY FAMILIES, OFFERING HIGH-QUALITY CHILDCARE SERVICES AND A SUPPORTIVE ENVIRONMENT FOR PROFESSIONAL PRODUCTIVITY. DESPITE OUR DEDICATED EFFORTS TO SECURE A NEW LOCATION TO CONTINUE OPERATIONS, CIRCUMSTANCES BEYOND OUR CONTROL LED TO THE DECISION TO CEASE OPERATIONS IN 2025. NONETHELESS, WE ARE PROUD OF THE IMPACT WE HAVE MADE BY FOSTERING WORK-LIFE BALANCE AND CREATING A COMMUNITY-CENTERED MODEL THAT HAS POSITIVELY INFLUENCED FAMILIES AND PROFESSIONALS ALIKE. THE ORGANIZATION HAD NO FINANCIAL ACTIVITY OR OPERATIONAL PROGRAMS DURING THE CURRENT TAX YEAR. THE BOARD HAS VOTED TO DISSOLVE THE NON PROFIT IN 2025, AND STEPS TOWARDS FORMAL DISSOLUTION WILL BE COMPLETED IN ACCORDANCE WITH THE IRS REQUIREMENTS.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. 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 October 13, 2026.

  2. 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 October 13, 2026.

  3. 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 October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since May 2019.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. 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 21, 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.