Nomad Futurist
Nonprofit profile at a glance
- EIN
- 862043201
- IRS 990 coverage
- 2025–2025
- Forms available
- Form 990 2025, Form 990-EZ 2024, Form 990-N 2023
- Location
- Waikoloa, HI, USA
- Phone
- 4158906977
- Rating
- 48
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Alliance/Advocacy
Reported finances
- Revenue
- $317,882
- Expenses
- $128,187
- Assets
- $367,812
- Liabilities
- $1,791
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- NABEEL MAHMOOD (CO-FOUNDER & CEO)
- KELLY SANTALUCIA (EXECUTIVE DIRECTOR)
Highest reported compensation
- KELLY SANTALUCIA (EXECUTIVE DIRECTOR): $34,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The nomad futurist foundation's mission is to make digital infrastructure accessible to everyone by inspiring and empowering people everywhere to become the pioneers of tomorrow. Through global partnerships, education, and community engagement, we demystify the technologies that power our connected world, open pathways to skills and career opportunities, ignite curiosity, and broaden participation in the digital futureensuring the digital revolution belongs to everyone. The foundation provides resources such as mentorship programs, educational content, scholarships, and access to industry networks, equipping individuals with the knowledge and support needed to thrive in the digital economy.
What it reported doing in 2025
Nomad futurist has reached over 1,500 students through data center tours and industry events. We facilitated and participated in more than 15 tours and 7 seminars, engaging with over 1,000 unique students, including our student advocates. Additionally, nomad academy has grown to 277 subscribers.
Operating model
- Revenue model
- Donor-supported. 99% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 93% 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
MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 29
- Transparency & Controls: 92
- Accountability: 10
- Sustainability: 70
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 21%; rating input score 21
- Program expense ratio: 52.2%; rating input score 52
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: Limited
- Governance controls: 2 of 8 controls in place; rating input score 25
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 59.7%; rating input score 93; 93rd percentile among comparable filings
- Total-asset coverage ratio: 2.87; rating input score 68; 68th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 44; 44th percentile among comparable filings
- Officer compensation ratio: 26.5%; rating input score 13; 13th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 71.5% per year; rating input score 100; 98th percentile among comparable filings
- Asset growth: 78% per year; rating input score 100; 98th percentile among comparable filings
Details
- Where the money goes: 21% of revenue deployed · 52.2% of spending went to programs
- Governance: 2 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $67K in reported program spending
- Leadership: top reported pay $34K · 4 people listed
- Consistency: 20 of 20 current checks pass
- Schedules: 3 filed schedules · includes major donors
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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 — Financial Efficiency: Mission deployment rate scored 21/100.
- High — Accountability: Governance controls: 5 of 7 not reported.
- Review — Financial Efficiency: Program expense ratio scored 52/100.
- High — Sustainability: Officer compensation ratio scored 13/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 44/100.