BEducationEIN: 066080293

Norwalk Community College Foundation

Norwalk, Connecticut

B+Health Score
74B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 4 peers in Education with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org8.72×
Peer Median20.77×
💰
$4.2M
Total Revenue
📊
$3.8M
Total Expenses
🏦
$33.1M
Net Assets
📋
$2.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-18.9%
Year-over-year change (2022 → 2023)
Net Margin
+10.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
8.72
Net assets divided by total expenses
Liabilities-to-Assets
6.1%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$4,227,83719%$3,795,92312%$35,228,3378%
2022$5,211,8345%$3,399,39010%$32,505,8679%
2021$4,946,0801%$3,085,10612%$35,805,11518%
2020$4,984,59441%$3,512,27313%$30,346,2815%
2019$3,527,3985%$4,027,48331%$28,820,2581%
2018$3,711,53973%$3,081,109224%$28,650,1652%
2017$2,141,69944%$950,89371%$28,219,9424%
2016$3,853,53040%$3,281,26617%$27,245,9464%
2015$2,760,85931%$2,807,4774%$26,154,3769%
2014$4,026,99349%$2,920,39517%$28,834,1032%
2013$2,710,1285%$2,499,68921%$28,342,9645%
2012$2,856,38392%$3,172,67245%$26,886,6532%
2011$1,486,636$5,737,218$26,459,938

Frequently Asked Questions

What does Norwalk Community College Foundation do?

Norwalk Community College Foundation is a education nonprofit organization based in Connecticut. It is classified under NTEE code B41I and is registered as a 501(c) tax-exempt organization with the IRS.

Is Norwalk Community College Foundation financially healthy?

Based on our 9-metric Financial Health Score model, Norwalk Community College Foundation has a score of 74/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Norwalk Community College Foundation generate?

Norwalk Community College Foundation reports $5.5M in annual revenue and holds $38.0M in total assets, based on IRS filings.

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