GEICO Davidson Nicely Associate Assistance Fund
Legal name: Davidson Nicely Associate Assistance Fund
Nonprofit profile at a glance
- EIN
- 814803325
- IRS 990 coverage
- 2019–2024
- Official website data refreshed
- Jun 2026
- Forms available
- Form 990 2024, Form 990-N 2017
- Location
- Chevy Chase, MD, USA
- Phone
- 2405416023
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Public Foundations
Reported finances
- Revenue
- $1,484,860
- Expenses
- $1,472,032
- Assets
- $61,044,734
- Liabilities
- $120,110
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- AMY WOLFE (PRESIDENT & CHAIRWOMAN)
Highest reported compensation
- SARAH BRAHAM (HR COMPLIANCE ADVISOR): $109,667 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Provide immediate financial support to GEICO associates and their families during times of disaster and when specific unexpected emergency economic hardship events occur.
What it reported doing in 2024
The grant program was created to provide emergency assistance and disaster relief to employees of geico in case of emergency or catastrophic situation that has caused temporary financial hardship not alleviated by insurance or other resources. This event must be caused by a sudden and unexpected occurrence, which creates a pressing and non-recurring financial need for an associate. To qualify for assistance the qualifying event must have occurred within 9 months of the submission date of the application and must have been beyond the associate's control. Qualified events fall into the following categories: disasters, serious illness or injury, death, military deployment, domestic violence. The grant assistance is limited to $25,000 per associate in a rolling 12-month period.
Operating model
- Revenue model
- Donor-supported. 90% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 86
- Transparency & Controls: 93
- Accountability: 30
- Sustainability: 57
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 89.7%; rating input score 90
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 5th percentile among comparable filings
- Governance controls: 5 of 7 controls in place; rating input score 71
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 0.9%; rating input score 39; 39th percentile among comparable filings
- Total-asset coverage ratio: 41.47; rating input score 99; 99th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 78; 78th percentile among comparable filings
- Officer compensation ratio: Limited
Growth
- Program expense growth: 9.2% per year; rating input score 100; 60th percentile among comparable filings
- Revenue growth: 27.3% per year; rating input score 100; 91st percentile among comparable filings
- Asset growth: 12.3% per year; rating input score 100; 66th percentile among comparable filings
Details
- What they do: Mission, programs, and operating context captured from the official website.
- Where the money goes: 100% of revenue deployed · 89.7% of spending went to programs
- Governance: 0 of 6 board members independent · 5 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $1.3M in reported program spending
- Leadership: top reported pay $110K · 7 people listed
- Consistency: 19 of 19 current checks pass
- Schedules: 5 filed schedules · includes grants
- Filing history: 5 filing years from 2019 to 2024
- Contacts: How to reach this organization
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Accountability: Independent voting board scored 0/100.
- Review — Accountability: Governance controls: 2 of 7 not reported.
- Moderate — Sustainability: Operating margin scored 39/100.