Mark A and Rena R Norcross Family Foundation
Only null% goes to programs Declining revenue
Mark A and Rena R Norcross Family Foundation is a 501(c)(3) organization based in High Point, North Carolina, registered in 2001, with $124,695 in FY2024 revenue. CharityIndex grades it C+.
1049 Rockford Rd, High Point, NC, 27262 EIN 56-2191282 Since 2001
Revenue (FY2024)
$125K
▼ 19.5% vs prior year
Education median: $200K
Expenses (FY2024)
$93K
Net assets
$33K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
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 Mark A and Rena R Norcross Family Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating4 mo reserves · +26% margin
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 Mark A and Rena R Norcross Family Foundation: 4 mo reserves · +26% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 Mark A and Rena R Norcross Family Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
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 Mark A and Rena R Norcross Family Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 1049 Rockford Rd, High Point, NC, 27262
- City
- High Point
- State
- North Carolina
- Category
- Education
- Subcategory
- Student Services & Aid
Financial trends
Revenue grew from $122K (FY2014) to $125K (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $33K
Operating margin
25.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$33K
Total liabilities
$0
Net assets
$33K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $124,695▼19.5% | $92,852▼42.2% | $33,112▲2509% | $33,112▲2509% | 990PF |
| 2023 | $154,822▼42.8% | $160,679▼50.0% | $1,269▼82.2% | $1,269▼82.2% | 990PF |
| 2022 | $270,691▲4.3% | $321,508▼2.0% | $7,126▼87.7% | $7,126▼87.7% | 990PF |
| 2021 | $259,414▼29.5% | $327,908▼4.8% | $57,943▼54.2% | $57,943▼54.2% | 990PF |
| 2020 | $368,117▲124% | $344,492▲3.2% | $126,437▲23.0% | $126,437▲23.0% | 990PF |
| 2019 | $164,305▼29.7% | $333,686▼0.8% | $102,812▼62.2% | $102,812▼62.2% | 990PF |
| 2018 | $233,870▼59.5% | $336,220▼40.5% | $272,193▼27.3% | $272,193▼27.3% | 990PF |
| 2017 | $577,519▲241% | $565,366▲260% | $374,543▲3.4% | $374,543▲3.4% | 990PF |
| 2016 | $169,174▼31.8% | $157,228▼32.4% | $362,390▲3.4% | $362,390▲3.4% | 990PF |
| 2015 | $248,151▲103% | $232,637▲252% | $350,444▲4.6% | $350,444▲4.6% | 990PF |
| 2014 | $121,977 | $66,174 | $334,930 | $334,930 | 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.
Similar organizations in Education
Compare Mark A and Rena R Norcross Family Foundation
Frequently asked questions
- Is Mark A and Rena R Norcross Family Foundation a legitimate nonprofit?
- Yes. Mark A and Rena R Norcross Family Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 56-2191282, based in High Point, North Carolina. Donations are tax-deductible.
- What is Mark A and Rena R Norcross Family Foundation's EIN?
- Mark A and Rena R Norcross Family Foundation's Employer Identification Number (EIN) is 56-2191282.
- How much revenue does Mark A and Rena R Norcross Family Foundation report?
- Mark A and Rena R Norcross Family Foundation reported $124,695 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Mark A and Rena R Norcross Family Foundation have?
- CharityIndex grades Mark A and Rena R Norcross Family Foundation C+, based on financial health (reserves and operating margin).
More nonprofits in High Point
Explore more
Data for Mark A and Rena R Norcross Family Foundation (EIN 56-2191282) 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.