Nonprofits/Organizations/58-6370659
Active
501(c)(3)
X99Z
Form 990

Nccf Trust

EIN 58-6370659HOUSTON, TX 77024Founded 1998WebsiteIRS Tax Year 2024 · Period ending December 31, 2024
Mission Statement

THE ORGANIZATION IS A TYPE I SUPPORTING ORGANIZATION UNDER SECTION 509(A)(3) OFF THE IRC. THE ORGANIZATION SUPPORTS THE MISSION OF NATIONAL CHRISTIAN CHARITABLE FOUNDATION, INC. ("NCCF") BY HOLDING AND INVESTING ASSETS ON BEHALF OF NCCF.

IRS Tax Year 2024

Period ending December 31, 2024

Total Revenue

$8K

-92.0%YoY

Total Expenses

$408K

-27.6%YoY

Net Assets

$1.9M

-16.1%YoY

Employees

0

Grants Paid

$407K

Program Expense Ratio

99.7%

This nonprofit profile presents IRS Form 990 tax filing data for Nccf Trust (EIN: 58-6370659), based on the 2024 tax year annual return filed with the Internal Revenue Service.

Sections below include financial summaries (revenue, expenses, and net assets), program accomplishments, officer and key employee compensation, governance policies and audit information, related tax-exempt organizations. All figures are reported in USD as filed.

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RoundPaper IndicatorsTax Year 2024

Financial Health

Revenue declined -92.0% to $8K
Program spending ratio of 99.7% — excellent
56.9 months of operating reserves — strong cushion
Expenses decreased -27.6% year-over-year

Transparency

Conflict of interest policy adopted
Whistleblower policy in place
Financial statements independently audited
1-member board

Compensation

No Schedule J filed — standard compensation reporting only

Program Effectiveness

1 program reported
99.7% of spending goes to programs
No programs generate independent revenue
$407K in grants paid to other organizations

Financial Stability

Debt-to-asset ratio of 22.2% — low leverage
8.0 months cash runway — well positioned
Revenue diversification: concentrated in few sources
Net assets declining over recent filings

Risk Flags

No insider or excess benefit transactions
No material diversion or misuse reported
No family/business relationships on board

Indicators derived from IRS Form 990 data. Not financial advice.

Organization Summary

Nccf Trust is a 501(c)(3) nonprofit headquartered in HOUSTON, TX, founded in 1998. The organization has held tax-exempt status since 1998. In its 2024 filing, the organization reported $8K in total revenue, a 92.0% decrease from the prior year, and $408K in total expenses. The organization runs 1 program, totaling $407K in program expenses. 6 of 6 recommended governance policies are in place.

Nccf Trust is classified under NTEE code X99Z. Its foundation type is 17.

Programs(Tax Year 2024)

1 record

Programs Overview

Nccf Trust operates 1 program, with total program expenses of $407K. Nccf Trust's largest program accounts for 100% of total program spending.

1
Program 1Expenses: $406,735

SUPPORTED THE MISSION AND PERFORMED FUNCTIONS OF THE NATIONAL CHRISTIAN CHARITABLE FOUNDATION, INC. (NCCF) BY OBTAINING CONTRIBUTIONS FOR THE PURPOSE OF MAKING GRANTS TO IT AND TO TAX EXEMPT CHARITIES (NOT PRIVATE GRANT MAKING FOUNDATIONS) IT SUPPORTS.

Financial Overview(Tax Years 2020–2024)

5 records

Financial Highlights

Over the past 5 years, Nccf Trust's revenue has declined from $27K to $8K, a 70.1% decrease. Program expenses represent 100% of total spending.

Revenue decreased 92.0% year-over-year, while expenses declined 27.6%. net assets fell to $1.9M, down 16.1% from the prior year.

Nccf Trust derives 13% from contributions and grants.

Nccf Trust allocates 100% to programs, 0% to management and general.

Revenue declined by 92.0% and expenses declined by 27.6% year over year.

Nccf Trust distributed $407K in grants to other organizations and individuals, representing 100% of total expenses.

Over 5 filings from 2020–2024, Nccf Trust declined revenue from $27K to $8K (-70.1%) while maintaining a program expense ratio of 100%.

Nccf Trust holds $2.5M in total assets against $553K in liabilities (debt-to-asset ratio of 22%). The organization has 56.9 months of operating reserves. Cash and equivalents of $271K cover approximately 8.0 months of expenses.

Revenue

YearTotal RevenueContributionsGov't GrantsProgram RevenueInvestment
2024$8K$1K$0$0$-43K
2023$100K$848$0$0$22K
2022$94K$1K$0$0$8K
2021$51K$1K$0$0$449
2020$27K$0$0$0$1K

Expenses

YearTotal ExpensesProgramManagementFundraisingGrants Paid
2024$408K$407K$1K$0$407K
2023$563K$555K$0$0$555K
2022$279K$268K$10K$0$268K
2021$925K$921K$3K$0$921K
2020$1.4M$1.4M$6K$0$1.4M

Program Expense Ratio

99.7%

Admin Expense Ratio

0.3%

Fundraising Efficiency

Operating Reserve

56.9 mo

People & Compensation(Tax Year 2024)

1 record

Compensation Summary

Nccf Trust reported compensation for 1 officers and key employees.

NameTitleTypeHours/wkComp from OrgRelated OrgsTotal
TRUSTEE
Trustee
2.00$0$0$0

Governance & Compliance(Tax Year 2024)

Governance Snapshot

Nccf Trust has 6 of 6 recommended governance policies in place, including conflict of interest, whistleblower, document retention. Its board has 1 members, 0 of whom are independent.

Nccf Trust's financial statements are audited, an audit committee oversees the process.

Policies & Oversight

Conflict of interest policy
Whistleblower policy
Document retention policy
CEO compensation review process
Other officer compensation review
990 provided to governing body
Board members1
Independent members0

Audit & Financial Oversight

Financial statements audited
Independent audit
Audit committee
Federal grant audit required

Grants Awarded(Tax Year 2024)

1 record

Grantmaking Summary

Nccf Trust awarded $407K across 1 grant to organizations. Top recipients include NATIONAL CHRISTIAN CHARITABLE FOUNDATION INC (ALPHARETTA, GA) — $407K for support of grant making.

Organization Grants

RecipientLocationAmountPurpose
NATIONAL CHRISTIAN CHARITABLE FOUNDATION INC581493949ALPHARETTA, GA$407KSUPPORT OF GRANT MAKING

Filing History(Tax Years 1998–2024)

5 records

Showing the 5 Form 990 filings currently in our system.

Tax YearFormPeriodRevenueExpensesNet Assets
2024
990
2024-01-01 – 2024-12-31$8K$408K$1.9M
2023
990
2023-01-01 – 2023-12-31$100K$563K$2.3M
2022
990
2022-01-01 – 2022-12-31$94K$279K$2.7M
2021
990
2021-01-01 – 2021-12-31$51K$925K$2.8M
2020
990
2020-01-01 – 2020-12-31$27K$1.4M$4.6M
1998–2019No filings acquired yet

Frequently Asked Questions

What does Nccf Trust do?

THE ORGANIZATION IS A TYPE I SUPPORTING ORGANIZATION UNDER SECTION 509(A)(3) OFF THE IRC. THE ORGANIZATION SUPPORTS THE MISSION OF NATIONAL CHRISTIAN CHARITABLE FOUNDATION, INC. ("NCCF") BY HOLDING AND INVESTING ASSETS ON BEHALF OF NCCF.

How much revenue does Nccf Trust have?

Nccf Trust reported $7,984 in total revenue for tax year 2024, down 92.0% from the prior year.

Who is the highest-paid executive at Nccf Trust?

, TRUSTEE, received $0 in total compensation as of tax year 2024.

Is Nccf Trust a 501(c)(3)?

Yes, Nccf Trust is classified as a 501(c)(3) tax-exempt organization.

Where is Nccf Trust located?

Nccf Trust is headquartered in HOUSTON, TX 77024.

Is Nccf Trust audited?

Yes, Nccf Trust's financial statements are audited, and the organization has an audit committee.

Does Nccf Trust give grants?

Yes, Nccf Trust distributed $406,735 in grants to other organizations and individuals in tax year 2024. Top recipients include NATIONAL CHRISTIAN CHARITABLE FOUNDATION INC.

Data Source

IRS Form 990 electronic filings via the IRS Exempt Organizations Business Master File. All financial figures are as reported in USD.

Publicly available IRS data
Verified filing records
Updated quarterly
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