Norman M Kronick Fort Worth Foundation
Only null% goes to programs Strong reserves Growing revenue
Norman M Kronick Fort Worth Foundation is a 501(c)(3) organization based in Fort Worth, Texas, registered in 2019, with $10,048,849 in FY2024 revenue. CharityIndex grades it C+.
306 West Seventh St Ste 903, Fort Worth, TX, 76102 EIN 46-3376600 Since 2019
Revenue (FY2024)
$10.0M
▲ 25.6% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$4.5M
Net assets
$77.6M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—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 M Kronick Fort Worth Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating207 mo reserves · +55% 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 M Kronick Fort Worth Foundation: 207 mo reserves · +55% margin earns a B+ 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 M Kronick Fort Worth 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 Norman M Kronick Fort Worth Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 306 West Seventh St Ste 903, Fort Worth, TX, 76102
- City
- Fort Worth
- State
- Texas
- Subcategory
- Philanthropy Programs
Financial trends
Revenue grew from $0 (FY2013) to $10.0M (FY2024) across 8 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $77.6M
Operating margin
55.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$77.6M
Total liabilities
$0
Net assets
$77.6M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $10,048,849▲25.6% | $4,496,951▲40.7% | $77,567,391▲37.5% | $77,567,391▲37.5% | 990PF |
| 2023 | $7,999,256▼22.3% | $3,196,357▼22.2% | $56,401,161▲12.2% | $56,401,161▲12.2% | 990PF |
| 2022 | $10,300,064▲23.2% | $4,108,572▲26.7% | $50,276,503▲15.6% | $50,276,503▲14.6% | 990PF |
| 2021 | $8,358,438▼86.0% | $3,242,117▲11.1% | $43,473,093▼22.4% | $43,882,498▼22.6% | 990PF |
| 2019 | $59,645,578 | $2,918,162 | $55,990,015 | $56,727,416 | 990PF |
| 2018 | $0 | $0 | $0 | $0 | 990PF |
| 2014 | $0 | $0 | $0 | $0 | 990PF |
| 2013 | $0 | $0 | $0 | $0 | 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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Frequently asked questions
- Is Norman M Kronick Fort Worth Foundation a legitimate nonprofit?
- Yes. Norman M Kronick Fort Worth Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 46-3376600, based in Fort Worth, Texas. Donations are tax-deductible.
- What is Norman M Kronick Fort Worth Foundation's EIN?
- Norman M Kronick Fort Worth Foundation's Employer Identification Number (EIN) is 46-3376600.
- How much revenue does Norman M Kronick Fort Worth Foundation report?
- Norman M Kronick Fort Worth Foundation reported $10,048,849 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Norman M Kronick Fort Worth Foundation have?
- CharityIndex grades Norman M Kronick Fort Worth Foundation C+, based on financial health (reserves and operating margin).
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Data for Norman M Kronick Fort Worth Foundation (EIN 46-3376600) 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.