Public Charity

NFX

NFX is a Public Charity headquartered in DETROIT, MI. Financial data from the 2024 filing: $6.9M revenue, $15.1M expenses, $10.3M total assets. 99 publicly reported grants to this organization, totaling roughly $6.3M, appear in IRS filings.

EIN: 821672519 DETROIT, MI Latest filing: 2024
Total Revenue$6.9M
Total Expenses$15.1M
Total Assets$10.3M
Grant Records99
Funding Total$6.3M
Filing Years2019–2024

Mission

THE ORGANIZATION FOLLOWS THE MISSION AS SET FORTH IN ITS ARTICLES OF INCORPORATION. IT HAS NOT YET ADOPTED A SEPARATE MISSION STATEMENT.

Officers & Directors

DIRECTOR Jeffrey Morganroth
PRESIDENT Jennifer Gilbert
TREASURER & SECRETARY Matthew Rizik

Officer compensation and complete director data available with membership.

Top Grant Purposes

HEALTH
$2,552,000 10 grants
TO SUPPORT MEDICAL RESEARCH
$1,032,350 10 grants
GENERAL SUPPORT
$482,843 11 grants
For grant recipient's exempt purposes
$341,550 6 grants
GENERAL OPERATIONS
$180,700 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $6.9M $15.1M $10.3M
2023 $9.5M $5.4M $18.4M
2022 $8.1M $4.7M $14.5M
2020 $6.9M $5.4M $7.3M
2019 $4.5M $3.5M $4.7M

Between 2019 and 2024, reported annual revenue grew from $4.5M to $6.9M (+51%), with total assets most recently reported at $10.3M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for NFX

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