Simple Nest Inc

Nonprofit profile at a glance

EIN
990796336
IRS 990-EZ coverage
2024–2025
Forms available
Form 990-EZ 2025
Location
Little Rock, AR, USA
Phone
5013770350
Rating
90
Verdict
STRONG
Rating confidence
Moderate
Sector
Housing Support

Reported finances

Revenue
$175,688
Expenses
$133,799
Assets
$58,263
Liabilities
$9,908

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

Leadership & pay

12 people listed

Executive titles in this filing

  • CAREN REBECCA NORRIS (DIRECTOR/PRESIDENT)
  • KIMBERLY RHEA MIDDLETON (DIRECTOR/VICE PRESIDENT)

People named in this filing

  • CAREN REBECCA NORRIS (DIRECTOR/PRESIDENT)
  • KIMBERLY RHEA MIDDLETON (DIRECTOR/VICE PRESIDENT)
  • ANNE DYKE (DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

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

Overview

Mission

The simple nest, inc. (the organization) is organized as a nonprofit corporation exclusively for the charitable related purposes described in section 501(c)(3) of the internal revenue code which are more specifically described as working enhance the quality of life within the state of Arkansas by providing free furniture and home items to underserved members of our community without regard to race, creed, sex, or ability. The organization encourages volunteers to help serve and donate goods and services to provide furniture and household items to underprivileged members of our community. The organization plans to provide furniture and household items in furtherance of dignity and quality of life. The organization also plans to carry out its charitable purpose by providing funds, goods and/or services to individuals in need within the context of and in furtherance of the organization's charitable purpose.

What it reported doing in 2025

The organization was established with the firm belief that a furnished home enhances the dignity and quality of life of individuals and families. The organization funds its donations through cash contributions and in-kind furniture and household item donations from local and national business, and individual members of the community. The organization donates the furniture or household items to a family or individual in need of such furniture or household items. If the organization receives a cash donation, then the organization evaluates where such donation that contribution is used to purchase specific items needed by individuals or families in need. All of the organization's expenses are allocated to its charitable purpose and activity.

Operating model

Revenue model
Donor-supported. 63% of the money available for current operations came from contributions and gifts.
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. Total assets are small relative to annual expenses; liquid coverage is unknown and liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 85
  • Transparency & Controls: 100
  • Sustainability: 55
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 76.2%; rating input score 76
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 23.8%; rating input score 76; 76th percentile among comparable filings
  • Total-asset coverage ratio: 0.44; rating input score 34; 34th percentile among comparable filings
  • Liabilities to assets ratio: 0.17; rating input score 17; 17th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 200% per year; rating input score 100; 100th percentile among comparable filings
  • Revenue growth: 102.5% per year; rating input score 100; 99th percentile among comparable filings
  • Asset growth: 139.9% per year; rating input score 100; 99th percentile among comparable filings

Details

  • Where the money goes: 76.2% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $134K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 2 filing years from 2024 to 2025
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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.

  • Moderate — Sustainability: Total-asset coverage ratio scored 34/100.
  • High — Sustainability: Liabilities to assets ratio scored 17/100.