TPhilanthropy, Voluntarism & GrantmakingEIN: 752622754· Ruling Year: 1996

Norman H Read 1985 Trust

Amarillo, Texas

A-Health Score
75A-

Financial Health Score

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

Very Good

How This Organization Compares

Compared to 20 peers in Philanthropy, Voluntarism & Grantmaking with <$100K revenue

Working Capital Ratio (net assets ÷ expenses)

This Org9.34×
Peer Median18.82×
💰
$10.3M
Total Revenue
📊
$7.3M
Total Expenses
🏦
$68.5M
Net Assets
📋
$1
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-8.8%
Year-over-year change (2023 → 2024)
Net Margin
+28.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
9.34
Net assets divided by total expenses
Liabilities-to-Assets
0.0%
Total liabilities as % of total assets

Filing History

10 filings on record
YearRevenueExpensesAssets
2024$10,276,1299%$7,327,0548%$68,461,5665%
2023$11,265,30429%$6,775,5821%$65,512,4917%
2022$8,703,97124%$6,816,5887%$61,022,7693%
2021$7,014,45924%$7,367,82031%$59,135,3861%
2020$9,283,17637%$5,617,92930%$59,488,74731%
2015$14,725,972109%$4,309,95944%$45,379,40836%
2014$7,037,05675%$2,989,27812%$33,327,72711%
2013$4,027,14220%$3,404,85321%$30,016,1993%
2012$5,052,4185%$2,825,51023%$30,869,41220%
2011$4,805,503$2,295,096$25,653,408

Frequently Asked Questions

What does Norman H Read 1985 Trust do?

Norman H Read 1985 Trust is a philanthropy, voluntarism & grantmaking nonprofit organization based in Texas. It is classified under NTEE code T22J and is registered as a 501(c) tax-exempt organization with the IRS.

Is Norman H Read 1985 Trust financially healthy?

Based on our 9-metric Financial Health Score model, Norman H Read 1985 Trust has a score of 75/100 (Grade: A-). 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 Norman H Read 1985 Trust generate?

Revenue data for Norman H Read 1985 Trust is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.

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