H โ€” Medical ResearchEIN: 871540960ยท Ruling Year: 2021

Norn Group

Colorado Spgs, Colorado

B+Health Score
66B+

Financial Health Score

Provisional

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

Good

How This Organization Compares

Compared to 5 peers in Medical Research with $10M-$100M revenue

๐Ÿ’ฐ
$2.5M
Total Revenue
๐Ÿ“Š
$1.6M
Total Expenses
๐Ÿฆ
$1.4M
Net Assets
๐Ÿ“‹
N/A
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-91.1%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+35.4%
Revenue minus expenses as % of revenue

Filing History

2 filings on record
YearRevenueExpensesAssets
2023$2,528,167โ†“91%$1,633,834โ†“94%$1,391,696โ†“66%
2022$28,469,174$27,971,811$4,072,034

Frequently Asked Questions

What does Norn Group do?โ–ผ

Norn Group is a medical research nonprofit organization based in Colorado. It is classified under NTEE code H12 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Norn Group financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Norn Group has a score of 66/100 (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 Norn Group generate?โ–ผ

Norn Group reports $10.8M in annual revenue and holds $7.5M in total assets, based on IRS filings.

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Norn Group โ€” Colorado Spgs, CO | GiveScope