Charity Search / NERDIT FOUNDATION
Community Improvement (S02) 990 on File

NERDIT FOUNDATION

EIN: 83-2957814 · WILMINGTON, DE 19801-1818 · United States · FY 2022 Data
3 out of 5 50 / 100 Based on 2+ years of filings
Financial strength (30%) 73/100
Reliability (20%) 45/100
Effectiveness (25%) 78/100
Impact (25%) No data yet
Financial data: FY 2022 · Scored 9/13/2026
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Financial Overview — FY 2022
$200K
Total Revenue
$326K
Total Expenses
$97K
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 75.6%
Fundraising Efficiency N/A
Operating Reserve 3.56x
Liability-to-Asset 0.0%
Revenue Diversification 100.0%
Compared with Peers
FY 2022
Compared with 4,940 similar organizations (United States, Community Improvement, $100K–$1M in expenses), FY 2022.
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
75.6% 84.6%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
24.4% 12.7%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.0%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
3.6 mo 11.3 mo
P10P90
Bottom quarter
Liabilities to assets
Total liabilities / total assets · lower is better
0.0% 4.1%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
100.0% 94.6%
P10P90
Bottom quarter
Revenue growth
Year over year revenue growth
-72.0% 12.7%
P10P90
Expense growth
Year over year expense growth
-49.5% 24.8%
P10P90
Surplus margin
Surplus as a share of revenue
-63.2% 4.8%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2022 $200K $326K $97K 75.6% 0
2021 $713K $646K $158K 91.3% 0
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Organization Details
EIN
83-2957814
State
DE
City
WILMINGTON
ZIP
19801-1818
Classification
S02
Category
Community Improvement
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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