R B Nordick Foundation is a 501(c)(3) organization based in West Fargo, North Dakota, registered in 1996, with $3,567,788 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$3.6M
▲ 358.5% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$2.4M
Net assets
$40.3M
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 R B Nordick 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 R B Nordick Foundation: 199 mo reserves · +32% 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 R B Nordick 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 R B Nordick Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $3.7M (FY2014) to $3.6M (FY2024) across 7 reported years.
Financial snapshot
Operating margin
31.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$40.3M
Total liabilities
$0
Net assets
$40.3M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $3,567,788▲359% | $2,433,957▼4.5% | $40,311,247▲3.1% | $40,311,247▲3.1% | 990PF |
| 2023 | $778,073▼40.0% | $2,548,219▲88.2% | $39,112,926▼4.3% | $39,112,926▼4.3% | 990PF |
| 2022 | $1,296,616▲20.3% | $1,353,957▲51.1% | $40,883,072▼0.1% | $40,883,072▼0.1% | 990PF |
| 2021 | $1,077,615▼14.2% | $896,244▲548% | $40,940,413▲0.4% | $40,940,413▲0.4% | 990PF |
| 2020 | $1,255,311▼77.4% | $138,382▼93.5% | $40,759,224▼9.1% | $40,759,224▼9.1% | 990PF |
| 2015 | $5,548,341▲50.9% | $2,134,369▼7.2% | $44,863,798▲8.2% | $44,863,798▲8.2% | 990PF |
| 2014 | $3,677,143 | $2,299,448▲6.0% | $41,449,826▼0.2% | $41,449,826▼0.2% | 990PF |
| 2012 | — | $2,170,062▲7.9% | $41,525,266▼3.3% | $41,525,266▼3.3% | 990PF |
| 2011 | — | $2,011,644▼2.1% | $42,955,408▼2.4% | $42,955,408▼2.4% | 990PF |
| 2010 | — | $2,053,840 | $43,993,981 | $43,993,981 | 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 R B Nordick Foundation (EIN 45-0442920) 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.