Kenneth T and Eileen L Norris Foundation is a 501(c)(3) organization based in Torrance, California, registered in 1965, with $22,109,368 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$22.1M
▼ 1.5% vs prior year
Expenses (FY2024)
$16.3M
Net assets
$111.1M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Kenneth T and Eileen L Norris Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Kenneth T and Eileen L Norris Foundation: 82 mo reserves · +26% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Kenneth T and Eileen L Norris Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Kenneth T and Eileen L Norris Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $10.3M (FY2019) to $22.1M (FY2024) across 6 reported years.
Financial snapshot
Operating margin
26.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$127.4M
Total liabilities
$16.3M
Net assets
$111.1M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $22,109,368▼1.5% | $16,258,263▲9.3% | $111,080,868▲4.4% | $127,407,459▲4.8% | 990PF |
| 2023 | $22,453,688▲24.6% | $14,870,729▼3.4% | $106,363,953▲6.0% | $121,556,350▲6.7% | 990PF |
| 2022 | $18,026,306▼2.2% | $15,388,487▲0.7% | $100,360,653▲3.2% | $113,973,288▲2.4% | 990PF |
| 2021 | $18,433,080▼45.9% | $15,282,554▲17.3% | $97,208,770▲3.4% | $111,335,469▲2.9% | 990PF |
| 2020 | $34,057,421▲232% | $13,027,250▲9.5% | $94,014,577▲24.9% | $108,184,943▲24.0% | 990PF |
| 2019 | $10,254,832 | $11,892,358 | $75,270,240 | $87,231,769 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Kenneth T and Eileen L Norris Foundation (EIN 95-6080374) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.