Trust U/w of Alice W C Koon Fbo Scholastic Fund Nect Marine Midlan
501(c)(92)
Only null% goes to programs Strong reserves Declining revenue
Trust U/w of Alice W C Koon Fbo Scholastic Fund Nect Marine Midlan is a 501(c)(92) organization based in Norwich, New York, registered in 1970, with $131,054 in FY2023 revenue. CharityIndex grades it C+.
C/o Nbt Bank Na 52 S Broad St, Norwich, NY, 13815 EIN 16-6071002 Since 1970
Revenue (FY2023)
$131K
▲ 199.3% vs prior year
Expenses (FY2023)
$109K
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.
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 Trust U/w of Alice W C Koon Fbo Scholastic Fund Nect Marine Midlan— 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 rating126 mo reserves · +17% 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 Trust U/w of Alice W C Koon Fbo Scholastic Fund Nect Marine Midlan: 126 mo reserves · +17% 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 Trust U/w of Alice W C Koon Fbo Scholastic Fund Nect Marine Midlan— 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 Trust U/w of Alice W C Koon Fbo Scholastic Fund Nect Marine Midlan: 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
Financial trends
Revenue grew from $50K (FY2013) to $131K (FY2023) across 8 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $0Net assets $1.1M
Operating margin
17.0%
Revenue exceeded expenses 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 | $131,054▲199% | $108,800▼8.1% | $1,143,783▲2.0% | $1,143,783▲2.0% | 990PF |
| 2022 | $43,792▼76.4% | $118,326▲2.5% | $1,121,475▼6.3% | $1,121,475▼6.3% | 990PF |
| 2021 | $185,567▼3.7% | $115,398▲8.1% | $1,196,549▲6.2% | $1,196,549▲6.2% | 990PF |
| 2020 | $192,697▲149% | $106,736▼4.6% | $1,126,403▲8.1% | $1,126,403▲8.1% | 990PF |
| 2019 | $77,314▼28.9% | $111,910▲11.4% | $1,041,889▲2.5% | $1,041,889▲2.5% | 990PF |
| 2015 | $108,732▲138% | $100,430▲11.1% | $1,016,004▲0.8% | $1,016,004▲0.8% | 990PF |
| 2014 | $45,744▼8.7% | $90,386▲3.9% | $1,007,508▼4.1% | $1,007,508▼4.1% | 990PF |
| 2013 | $50,090 | $87,001▲3.4% | $1,050,689▼4.6% | $1,050,689▼4.6% | 990PF |
| 2012 | — | $84,164▲1.4% | $1,101,037▼4.8% | $1,101,037▼4.8% | 990PF |
| 2011 | — | $83,022▲5.8% | $1,156,075▼3.0% | $1,156,075▼3.0% | 990PF |
| 2010 | — | $78,486 | $1,192,183 | $1,192,183 | 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 Trust U/w of Alice W C Koon Fbo Scholastic Fund Nect Marine Midlan a legitimate nonprofit?
- Yes. Trust U/w of Alice W C Koon Fbo Scholastic Fund Nect Marine Midlan is a 501(c)(92) organization registered with the U.S. Internal Revenue Service under EIN 16-6071002, based in Norwich, New York.
- What is Trust U/w of Alice W C Koon Fbo Scholastic Fund Nect Marine Midlan's EIN?
- Trust U/w of Alice W C Koon Fbo Scholastic Fund Nect Marine Midlan's Employer Identification Number (EIN) is 16-6071002.
- How much revenue does Trust U/w of Alice W C Koon Fbo Scholastic Fund Nect Marine Midlan report?
- Trust U/w of Alice W C Koon Fbo Scholastic Fund Nect Marine Midlan reported $131,054 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Trust U/w of Alice W C Koon Fbo Scholastic Fund Nect Marine Midlan have?
- CharityIndex grades Trust U/w of Alice W C Koon Fbo Scholastic Fund Nect Marine Midlan C+, based on financial health (reserves and operating margin).
More nonprofits in Norwich
Explore more
Data for Trust U/w of Alice W C Koon Fbo Scholastic Fund Nect Marine Midlan (EIN 16-6071002) 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.