Nlw Inc

Nonprofit profile at a glance

EIN
463166639
IRS 990 coverage
2013–2025
Forms available
Form 990 2025, Form 990-T 2025
Location
Indianapolis, IN, USA
Phone
3176850389
Rating
87
Verdict
STRONG
Rating confidence
Moderate
Sector
Single Organization Support

Official website

Reported finances

Revenue
$11,935,852
Expenses
$11,436,214
Assets
$24,527,898
Liabilities
$7,177,098

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • KELLIE TREMAIN (PRESIDENT/CEO)

Highest reported compensation

  • KELLIE TREMAIN (PRESIDENT/CEO): $968,560 total reported compensation
  • JAMES ADAMS (DIRECTOR, AVIATION SERVICES): $335,532 total reported compensation
  • FREDRICK ROBBINS III (CAPTAIN): $247,633 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Nlw, inc. D.b.a txjet, inc. Is organized and operated to coordinate the logistics and provide the means for air transportation of human organ and tissue and personnel for the purposes of organ procurement, transplantation, medical research and education, used in support of the activities of Indiana organ procurement organization, inc. D.b.a. Indiana donor network.

What it reported doing in 2025

Coordinating and providing air transportation of human organ and tissue and personnel for the purposes of organ procurement, transplantation, medical research and education, in support of the activities of Indiana organ procurement organization, inc. D.b.a. Indiana donor network (idn) and other opos and transplant centers. Nlw, inc. D.b.a. Txjet, inc. Flew 415,624 miles in 528 flights to support organ donation and transportation

Operating model

Revenue model
Other-operating. 98% of the money available for current operations came from other operating revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 89
  • Transparency & Controls: 94
  • Accountability: 79
  • Sustainability: 42
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: 5 of 6 controls in place; rating input score 83
    • Compensation committee: Pass
    • Independent consultant: Pass
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 80%; rating input score 80; 13th percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 4.2%; rating input score 42; 42nd percentile among comparable filings
  • Total-asset coverage ratio: 2.14; rating input score 54; 54th percentile among comparable filings
  • Liabilities to assets ratio: 0.29; rating input score 42; 42nd percentile among comparable filings
  • Officer compensation ratio: 15.8%; rating input score 10; 10th percentile among comparable filings

Growth

  • Program expense growth: 15.3% per year; rating input score 100; 82nd percentile among comparable filings
  • Revenue growth: 14.3% per year; rating input score 100; 85th percentile among comparable filings
  • Asset growth: 12.2% per year; rating input score 100; 75th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: 4 of 5 board members independent · 7 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $11.4M in reported program spending
  • Leadership: top reported pay $969K · 12 people listed · 5 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $2.4M reported
  • Consistency: 33 of 33 current checks pass
  • Schedules: 5 filed schedules · includes executive pay
  • Filing history: 13 filing years from 2013 to 2025
  • Contacts: How to reach this organization
  • Money network: 7 filed money-flow records
  • Related organizations: 2 filed related-organization links
  • 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.

  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • Moderate — Sustainability: Operating margin scored 42/100.
  • Review — Sustainability: Total-asset coverage ratio scored 54/100.
  • High — Sustainability: Officer compensation ratio scored 10/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 42/100.