Nerman Family Foundation
Nerman Family Foundation maintains strong asset growth and minimal expenses with no officer compensation.
EIN: 208494550 · Bonita Spgs, FL · NTEE: T20 · Updated: 2026-03-28
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Nerman Family Foundation is mapped to EIN 208494550.
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10 stored filing years available.
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95% program spend, health grade A
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| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $269K |
| Program Spending | 95% |
| CEO/Top Officer Pay | $4.6 |
| Net Assets | $4.7M |
| Transparency Score | 92/100 |
Search Intent Cockpit
Nerman Family Foundation Form 990, Revenue, CEO Pay, and IRS Filing Signals
Nerman Family Foundation is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Nerman Family Foundation in one place.
Form 990 Filing Summary
10 filing years are available, with latest revenue of $503K and expenses of $269K.
Revenue and Expenses
Nerman Family Foundation reported $503K in revenue and $269K in expenses, a surplus of $233K.
Executive Compensation
Top officer compensation appears as $4.6 in the stored analysis, with context against revenue and expenses below.
Charity Score and Red Flags
92/100 mission score, 0 red flags, and 5 strengths are shown from structured and AI review.
Is Nerman Family Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $256K (95%) |
Across stored filings, Nerman Family Foundation shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
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| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Appears Legitimate | Good filing record; no red flags identified |
| Mission spend | 95% to programs | Excellent |
| Financial durability | Grade A | 10 stored filing years |
| Peer context | Compare with Cornelia Warren Community Assn Inc | Florida and Philanthropy context |
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Nerman Family Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Nerman Family Foundation
Nerman Family Foundation (EIN: 208494550) is a nonprofit organization based in Bonita Spgs, FL, classified under NTEE code T20. The organization reported total revenue of $1.3M and total assets of $5.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nerman Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nerman Family Foundation is a mid-size nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 33.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $503K |
| Total Expenses | $269K |
| Surplus / Deficit | +$233K |
| Total Assets | $4.7M |
| Total Liabilities | $1 |
| Net Assets | $4.7M |
| Operating Margin | 46.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 207.5 months |
Financial Health Grade: A
In 2023, Nerman Family Foundation reported a surplus of $233K with revenue exceeding expenses, holds 207.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Nerman Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 33.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -30.7% | +37.1% | +5.3% |
| 2022 | -38.0% | -14.9% | +13.6% |
| 2021 | +55.6% | +84.3% | +31.7% |
| 2020 | -34.7% | +302.0% | +26.6% |
| 2019 | +4776.6% | -57.4% | +191.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Nerman Family Foundation with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Nerman Family Foundation allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $233K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the foundation's officers are unpaid, which is highly commendable for an organization of its size with assets exceeding $4.6 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Nerman Family Foundation:
- Consistent and significant asset growth, reaching $4,660,535 in 2023.
- Extremely low operational expenses relative to revenue, indicating high efficiency.
- Zero officer compensation, maximizing resources for the mission.
- Minimal liabilities, consistently reported as $1, reflecting strong financial health.
- Consistent IRS 990 filing history, demonstrating transparency.
Frequently Asked Questions about Nerman Family Foundation
Is Nerman Family Foundation a legitimate charity?
Nerman Family Foundation (EIN: 208494550) is a registered tax-exempt nonprofit based in Florida. Our AI analysis gives it a Mission Score of 92/100. It has 10 years of IRS 990 filings on record. Total revenue: $1.3M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Nerman Family Foundation spend its money?
Nerman Family Foundation directs 95% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Nerman Family Foundation tax-deductible?
Nerman Family Foundation is registered as a tax-exempt nonprofit (EIN: 208494550). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Nerman Family Foundation CEO make?
Nerman Family Foundation's highest-compensated officer earns $4.6 annually. The organization reported $1.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Nerman Family Foundation compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Nerman Family Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Nerman Family Foundation located?
Nerman Family Foundation is headquartered in Bonita Spgs, Florida and files with the IRS under EIN 208494550. It is classified under NTEE code T20.
How many years of IRS 990 filings does Nerman Family Foundation have?
Nerman Family Foundation has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.3M in total revenue.
Is the Nerman Family Foundation financially stable?
Yes, the foundation is highly financially stable, demonstrated by consistent asset growth from $570,225 in 2011 to $4,660,535 in 2023, and minimal liabilities consistently reported as $1.
How efficient is the Nerman Family Foundation's spending?
The foundation is exceptionally efficient. For example, in 2023, expenses were $269,493 against revenues of $502,685, indicating a very low operational cost relative to its income, and 0% officer compensation further boosts efficiency.
Does the Nerman Family Foundation pay its officers?
No, the Nerman Family Foundation reports 0% officer compensation across all available IRS 990 filings, indicating that its leadership is unpaid.
Has the foundation's financial health improved over time?
Yes, the foundation's financial health has significantly improved, with assets growing from $570,225 in 2011 to $4,660,535 in 2023, and revenues generally increasing over the decade.
Filing History
IRS 990 filing history for Nerman Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Nerman Family Foundation's revenue has grown by 3011.8%, moving from $16K to $503K. Total assets increased by 717.3% over the same period, from $570K to $4.7M. Total functional expenses rose by 562.6%, from $41K to $269K. In its most recent filing year (2023), Nerman Family Foundation reported a surplus of $233K, with revenue exceeding expenses. The organization holds $1 in liabilities against $4.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $4.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $503K | $269K | $4.7M | $1 | — | — |
| 2022 | $726K | $197K | $4.4M | $1 | — | View 990 |
| 2021 | $1.2M | $231K | $3.9M | $1 | — | View 990 |
| 2020 | $752K | $125K | $3.0M | $1 | — | View 990 |
| 2019 | $1.2M | $31K | $2.3M | $1 | — | View 990 |
| 2015 | $24K | $73K | $802K | $1 | — | View 990 |
| 2014 | $39K | $62K | $852K | $1 | — | View 990 |
| 2013 | $362K | $39K | $882K | $1 | — | View 990 |
| 2012 | $26K | $36K | $560K | $750 | — | View 990 |
| 2011 | $16K | $41K | $570K | $750 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $503K, expenses of $269K, and assets of $4.7M (revenue -30.7% year-over-year).
- 2022: Revenue of $726K, expenses of $197K, and assets of $4.4M (revenue -38.0% year-over-year).
- 2021: Revenue of $1.2M, expenses of $231K, and assets of $3.9M (revenue +55.6% year-over-year).
- 2020: Revenue of $752K, expenses of $125K, and assets of $3.0M (revenue -34.7% year-over-year).
- 2019: Revenue of $1.2M, expenses of $31K, and assets of $2.3M (revenue +4776.6% year-over-year).
- 2015: Revenue of $24K, expenses of $73K, and assets of $802K (revenue -38.9% year-over-year).
- 2014: Revenue of $39K, expenses of $62K, and assets of $852K (revenue -89.3% year-over-year).
- 2013: Revenue of $362K, expenses of $39K, and assets of $882K (revenue +1293.3% year-over-year).
- 2012: Revenue of $26K, expenses of $36K, and assets of $560K (revenue +60.6% year-over-year).
- 2011: Revenue of $16K, expenses of $41K, and assets of $570K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nerman Family Foundation:
Data Sources and Methodology
This transparency report for Nerman Family Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.