Skip to content

Ohio · Nonprofit

NICK ERDY FOUNDATION INC

NICK ERDY FOUNDATION INC (Ohio) receives grants from 2 organizations whose IRS filings report $1,500 to it, the largest being JOSEPH P HAYDEN III AND TERESA R HAYDEN FAMILY FOUNDATION ($1,000). 1 of them have funded it in more than one year.

Revenue FY2024
$40k
Funders on record
2
Grants received
$2k
Net assets
$168k
1/2 repeat funderspeak grant-dependency 20%
01What it does

What Nick Erdy Foundation Inc does

Mission

This organization exists to raise money through donations and fund raisers to be used for scholarships to students based on the following criteria: 1. Financial need 2. Christian attitude 3. Participating athlete 4. Demonstrated leadership 5. Has a family member who is serving or has served in the military nick erdy foundation, inc. 51-0619676 6. Evaluation of an essay on what serving your country or being a hero means to the applicant. The organization will also make distributions to organizations that are set up to help returning injured marines and their families or to schools for large projects or for fixed assets the communities can all share in using.

As stated on its FY2024 Form 990-EZ.

Programs

  1. Supporting organizations that provide services to the fallen soldiers' families, as well as support to veterans returning home.

    $5,007 spentof which $5,007 as grants
    42% of program spending
  2. Providing scholarships to the students in the community for higher education.

    $7,000 spentof which $7,000 as grants
    58% of program spending

The 2 programs described on its FY2024 Form 990-EZ. Program spending in total: $12,007.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($47k) Expenses 100 ($31k) Net assets 100 ($145k)2018 Revenue 70 ($33k) Expenses 101 ($31k) Net assets 101 ($146k)2019 Revenue 76 ($36k) Expenses 98 ($30k) Net assets 105 ($152k)2020 Revenue 5 ($2k) Expenses 73 ($22k) Net assets 91 ($132k)2021 Revenue 39 ($18k) Expenses 86 ($26k) Net assets 86 ($124k)2022 Revenue 84 ($40k) Expenses 96 ($30k) Net assets 93 ($134k)2023 Revenue 134 ($63k) Expenses 82 ($25k) Net assets 119 ($172k)2024 Revenue 85 ($40k) Expenses 142 ($44k) Net assets 116 ($168k)
'17'18'19'20'21'22'23'24
Revenue (85)Expenses (142)Net assets (116)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $134k to $172k (+28%).

$145k
$146k
$152k
$132k
$124k
$134k
$172k
$168k
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

100% of NICK ERDY FOUNDATION INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (95% for the typical peer).

This organization
Typical peer · 8,549 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.

$16k
’17
$2k
’18
$6k
’19
−$20k
’20
−$8k
’21
$10k
’22
$38k
’23
−$4k
’24
03Who funds it

Who funds it, year by year

2020 → 2021: the base broadened from 1 funder to 2 funders, grant income rose $500 → $1k.

From the IRS filings of NICK ERDY FOUNDATION INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

NICK ERDY FOUNDATION INC leans on a few funders — its largest provides 67% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

67%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2020 100% · 2021 50% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

NICK ERDY FOUNDATION INC draws 100% of its grant income from funders outside Ohio, across 2 states in all.

WI
FL

In-state vs out-of-state, by year

’20
’21
Ohio out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

NICK ERDY FOUNDATION INC has grown faster than half of the 7,183 philanthropy nonprofits its size.

Operating margin−9% · below the median
Revenue growth (annualized)−2% · above the median

this organization peer median middle 50% of peers· 7,183 philanthropy nonprofits under $100k, FY2024

Organizations like NICK ERDY FOUNDATION INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Ohio

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

OH

Screen this organization

A dated, signed PDF of the compliance screen for NICK ERDY FOUNDATION INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds NICK ERDY FOUNDATION INC?
NICK ERDY FOUNDATION INC (Ohio) receives grants from 2 organizations whose IRS filings report $1,500 to it, the largest being JOSEPH P HAYDEN III AND TERESA R HAYDEN FAMILY FOUNDATION ($1,000). 1 of them have funded it in more than one year.
How many funders does NICK ERDY FOUNDATION INC have?
IRS filings report 2 organizations giving $1,500 in grants to NICK ERDY FOUNDATION INC, 1 of which have funded it in more than one year.
Who is the largest funder of NICK ERDY FOUNDATION INC?
JOSEPH P HAYDEN III AND TERESA R HAYDEN FAMILY FOUNDATION is the largest funder on record, with $1,000 in grants. The full list of funders is on this page.
How can an organization like NICK ERDY FOUNDATION INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Ohio. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Nick Erdy →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing