Philanthropy & Grantmaking
(T50)
IRS Verified
DX Registered
990 on File
NIKOLAS RITSCHEL FOUNDATION
Financial strength (30%)
66/100
Reliability (20%)
50/100
Effectiveness (25%)
77/100
Impact (25%)
50/100
CharityAI™ Score
Not yet evaluated
Mission Statement
Nik’s Wish was inspired by Nikolas Ritschel's courageous battle with synovial sarcoma. Diagnosed just before his 18th birthday, Nik experienced the profound impact of a granted wish by the Make-A-Wish Foundation. This wish meant the world to him. It gave him hope and happiness in a time of struggle and pain. When Nik discovered that kids over 17 do not qualify, he wanted to help. The night before cancer took his life in 2012, he asked his mom to help them have a wish too. The Nikolas Ritschel Foundation (aka Nik's Wish) was born. Our mission is to provide hope, joy, and support to this underserved age group through wish fulfillment.
Financial Overview — FY 2024
$618K
Total Revenue
$554K
Total Expenses
$711K
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
71.6%
Fundraising Efficiency
109.4%
Operating Reserve
15.42x
Liability-to-Asset
0.0%
Revenue Diversification
88.9%
Compared with Peers
FY 2024
Compared with 16,645 similar organizations
(United States, Philanthropy & Grantmaking, $100K–$1M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
71.6% | 90.2% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
4.0% | 7.9% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
24.4% | 0.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
109.4% | 7.3% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
15.4 mo | 95.2 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
88.9% | 90.4% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
-9.1% | 18.5% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
27.7% | 6.7% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
10.4% | 1.2% |
P10P90
|
Impact
1 program| Outcome / Program | People Served | Cost / Service | # Completed | Duration |
|---|---|---|---|---|
| Provide hope & joy to young adults and their loved ones battling cancer by creating memories. | 300 | $7,500.00 | — | Lifetime |
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $618K | $554K | $711K | 71.6% | 0 |
| 2023 | $680K | $434K | $647K | 68.7% | 0 |
| 2022 | $328K | $378K | $401K | 90.1% | 0 |
| 2021 | $356K | $235K | N/A | — | 0 |
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