The Patrick Luc Nixon Foundation

Nonprofit profile at a glance

EIN
851711727
IRS 990-EZ coverage
2020–2025
Forms available
Form 990-EZ 2025
Location
Fuquay Varina, NC, USA
Phone
9196244492
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Scholarships, Student Financial Aid Services, Awards
Affiliation
Christianity

Reported finances

Revenue
$6,389
Expenses
$6,597
Assets
$86,146

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

Leadership & pay

3 people listed

Executive titles in this filing

  • LESTER J NIXON JR (PRESIDENT)

People named in this filing

  • LESTER J NIXON JR (PRESIDENT)
  • DONNA M NIXON (VICE PRESIDE)
  • PHILIP L NIXON (SECRETARY-TR)

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 patrick luc nixon foundation was founded in memory of patrick luc nixon, who was killed at age 19. The foundation will annually award a scholarship to an enloe graduating senior who has been accepted and plans to attend unc-chapel hill.

What it reported doing in 2025

The foundation will annually award a scholarship to an enloe graduating senior who has been accepted and plans to attend unc-chapel hill.

Operating model

Revenue model
Donor-supported. 65% 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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 88
  • Transparency & Controls: 82
  • Sustainability: 52
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 95.2%; rating input score 95
  • Program expense ratio: 75.8%; rating input score 76

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -3.3%; rating input score 37; 37th percentile among comparable filings
  • Total-asset coverage ratio: 13.06; rating input score 94; 94th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 19.5% per year; rating input score 100; 81st percentile among comparable filings
  • Revenue growth: -41.8% per year; rating input score 0; 7th percentile among comparable filings
  • Asset growth: 11.7% per year; rating input score 100; 73rd percentile among comparable filings

Details

  • Where the money goes: 95.2% of revenue deployed · 75.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $5K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 6 filing years from 2020 to 2025
  • Contacts: How to reach this organization
  • 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 — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 37/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.