Nerdit Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 295,139 | 204,477 | 90,662 | 5.3 | 0% |
| 2021 | 713,183 | 645,553 | 67,630 | 2.9 | 0% |
| 2022 | 199,815 | 326,073 | −126,258 | 3.6 | 0% |
In its most recent public year (2022), this organization spent $126,258 more than it brought in. Its reserves stood at about 3.6 months of spending, down from 5.3 in 2020. Staff pay was 0% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2022. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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