Nexleaf Analytics
Public records show a registered, tax-exempt organization in good standing.
What it says it does
NEXLEAF ANALYTICS OPERATES CHARITABLE PROGRAMS TO IMPROVE HEALTHCARE DELIVERY AND BUILD TECHNICAL CAPACITY IN LOW- AND MIDDLE-INCOME COUNTRIES THROUGH TECHNOLOGY DEVELOPMENT AND TRAINING PROGRAMS
- Income
- $4.8 million
- Spending
- $8.5 million
- Spent on programs
- 77%
- Reserves
- 8.4 months of spending
- Largest source of income
- fees for its services, 68%
- Employees
- 25
- Highest pay
- $219,851, ceo/co-founder
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
Fair: 56 out of 100. Higher than 28% of charities in its peer group (health care, $1m to $10m).
Reserves
28 of 35Spendable reserves would cover 8.4 months of spending.
Debt
20 of 20It owes 4% of what it owns.
Living within its means
0 of 15Spending exceeded income by 76% of income.
Income trend
0 of 15Income fell 25% on the year before.
Spending floor
8 of 1577% of spending went to programs and raising each dollar of donations cost 40 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 67% of charities in its peer group (health care, $1m to $10m).
Independent board
25 of 257 of 9 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.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
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, 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 (3)
- $6.4 million spent. Vaccine Program:----------------Nexleaf partners with other cold chain technology manufacturers to provide countries with the integrated solutions they need to enable single-login cold chain equipment management. Our data analytics and inventory management platform serves workers at every level of the health system in their mission to preserve and transport vaccine resources effectively. ColdTrace Transport was developed with continuous input from health workers delivering vaccines in the field. The result is a flexible, user-driven solution for safer, more reliable vaccine distribution. Highly customizable, the app can also be adapted to support other medical cold chainsensuring critical health products arrive safely, wherever theyre needed.
- $153,048 spent. Medical Equipment:------------------Nexleaf's Connected Clinic Program equips health workers with the data, skills and tools they need to keep healthcare equipment functional and power running, so that every clinic stands ready to save lives. Nexleafs Connected Clinic is an AI-powered solution that helps countries maintain life-saving medical equipment. Built for low-resource settings, Connected Clinic supports every stage of the healthcare equipment lifecycle.
- Air Pollution and HOPE program work----------------------------------During 2024, Nexleaf Analytics concluded its Air Pollution program and did not receive new funding for this program area. The organization also finalized activities and expenditures for the Hope and Innovation (HOPE Health of People and Equipment) program. The HOPE program will not continue as a separate initiative but will transition into a broader Innovation program beginning in 2025.
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
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.
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 November 6, 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 October 13, 2026.
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.
How long has it been tax-exempt? Passed.
Recognized by the IRS since December 2010.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 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 November 4, 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.