NERDIT FOUNDATION (EIN 832957814) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2018

Legal Domicile

Principal Officer

JESSICA GIBSON

Tax Period

2021-12-01 to 2022-11-30

NERDIT FOUNDATION, founded in 2018, is a small nonprofit in the Community Improvement sector that reported $200K in total revenue in fiscal year 2021. Revenue fell 72% from the prior year — a significant decline worth monitoring. Expenses of $326K exceeded revenue, resulting in a 63% operating deficit.

Mission

THE MISSION OF THE FOUNDATION IS TO END THE TECHNOLOGICAL DIVIDE BY PROVIDING COMPUTERS AND OTHER EQUIPMENT TO THE PUBLIC WHO OTHERWISE NOT HAVE ACCESS TO THEM

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $199,807

Program Service Revenue $0

Investment Income $8

Other Revenue $0

TOTAL REVENUE $199,815

Expense Breakdown

Grants Paid $161,133

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $326,073

Other Expenses $164,940

TOTAL EXPENSES $326,073

Year-over-Year Comparison

	2021	2020	Change
Revenue	$199,815	$713,183	-0.7%
Expenses	$326,073	$645,553	-0.5%
Net Income	$-126,258	$67,630	-2.9%

Key Indicators

✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SARAH FULTON	CHAIR	5	Officer Director	$0	$0	$0
TYLER REYNOLDS	VICE CHAIR	5	Officer Director	$0	$0	$0
JABARI JONES	TREASURER	5	Officer Director	$0	$0	$0
ALEX PARKOWSKI	SECRETARY	5	Officer Director	$0	$0	$0
JONATHAN HOXTE	BOARD MEMBER	2	Director	$0	$0	$0
SAHAANA	RAJAGOPALAN	2	Director	$0	$0	$0
NICK MARTIN	BOARD MEMBER	2	Director	$0	$0	$0
JESSICA GIBSON	EXEC DIRECTOR	10	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2022	$199,815	$326,073	$96,857	$-126,258
2021	$713,183	$645,553	$158,487	$67,630
2020	$295,139	$204,477	$114,567	$90,662

NERDIT FOUNDATION