Norman Foundation A Nonprofit Corp
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Norman Foundation A Nonprofit Corp is a 501(c)(3) organization based in Wilmington, Delaware, registered in 1991, with $74,064 in FY2023 revenue. CharityIndex grades it F.
Foundation Source 501 Silverside Rd, Wilmington, DE, 19809 EIN 84-1166127 Since 1991
Revenue (FY2023)
$74K
▲ 16.7% vs prior year
Expenses (FY2023)
$180K
Net assets
$1.1M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—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 Norman Foundation A Nonprofit Corp— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating71 mo reserves · -143% 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 Norman Foundation A Nonprofit Corp: 71 mo reserves · -143% margin earns a F 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 Norman Foundation A Nonprofit Corp— 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 Norman Foundation A Nonprofit Corp: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Foundation Source 501 Silverside Rd, Wilmington, DE, 19809
- City
- Wilmington
- State
- Delaware
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $31K (FY2013) to $74K (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $0Net assets $1.1M
Operating margin
-142.9%
Spent more than it raised in the latest fiscal year.
Total assets
$1.1M
Total liabilities
$0
Net assets
$1.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $74,064▲16.7% | $179,923▲86.1% | $1,060,531▼9.1% | $1,060,531▼9.1% | 990PF |
| 2022 | $63,491▼37.1% | $96,696▼20.0% | $1,166,390▼2.8% | $1,166,390▼2.8% | 990PF |
| 2021 | $100,946▲280% | $120,869▼0.6% | $1,199,595▼1.6% | $1,199,595▼1.6% | 990PF |
| 2020 | $26,578▼89.9% | $121,541▼0.6% | $1,219,518▼7.2% | $1,219,518▼7.2% | 990PF |
| 2019 | $263,763▲182% | $122,325▲24.6% | $1,314,481▲12.1% | $1,314,481▲12.1% | 990PF |
| 2018 | $93,538▲52.5% | $98,157▲2.5% | $1,173,043▼0.4% | $1,173,043▼0.4% | 990PF |
| 2017 | $61,355▼93.6% | $95,769▲24.1% | $1,177,662▼2.8% | $1,177,662▼2.8% | 990PF |
| 2016 | $957,187▲1913% | $77,184▲7.8% | $1,212,076▲265% | $1,212,076▲265% | 990PF |
| 2015 | $47,555▼38.6% | $71,589▲1.5% | $332,073▼6.7% | $332,073▼6.7% | 990PF |
| 2014 | $77,479▲153% | $70,510▼0.5% | $356,107▲2.0% | $356,107▲2.0% | 990PF |
| 2013 | $30,684 | $70,899▲48.7% | $349,138▼10.3% | $349,138▼10.3% | 990PF |
| 2012 | — | $47,678▲47.5% | $389,353▲2.3% | $389,353▲2.3% | 990PF |
| 2011 | — | $32,321▼42.8% | $380,616▼1.2% | $380,616▼1.2% | 990PF |
| 2010 | — | $56,533 | $385,221 | $385,221 | 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.
Frequently asked questions
- Is Norman Foundation A Nonprofit Corp a legitimate nonprofit?
- Yes. Norman Foundation A Nonprofit Corp is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 84-1166127, based in Wilmington, Delaware. Donations are tax-deductible.
- What is Norman Foundation A Nonprofit Corp's EIN?
- Norman Foundation A Nonprofit Corp's Employer Identification Number (EIN) is 84-1166127.
- How much revenue does Norman Foundation A Nonprofit Corp report?
- Norman Foundation A Nonprofit Corp reported $74,064 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Norman Foundation A Nonprofit Corp have?
- CharityIndex grades Norman Foundation A Nonprofit Corp F, based on financial health (reserves and operating margin).
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Data for Norman Foundation A Nonprofit Corp (EIN 84-1166127) 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.