TPhilanthropy, Voluntarism & GrantmakingEIN: 941542559· Ruling Year: 1962

Harvey L & Maud C Sorensen Foundation

San Rafael, California

BHealth Score
63B

Financial Health Score

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

Above Average

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org13.91×
Peer Median18.82×
💰
$2.6M
Total Revenue
📊
$2.3M
Total Expenses
🏦
$32.5M
Net Assets
📋
$1
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-37.3%
Year-over-year change (2022 → 2023)
Net Margin
+10.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
13.91
Net assets divided by total expenses
Liabilities-to-Assets
0.0%
Total liabilities as % of total assets

Filing History

10 filings on record
YearRevenueExpensesAssets
2023$2,596,26837%$2,335,5549%$32,490,3321%
2022$4,142,86626%$2,144,849$32,229,6187%
2021$3,285,20635%$2,141,44813%$30,231,6014%
2020$2,432,20040%$1,890,08211%$29,087,8432%
2019$4,081,295111%$2,126,01520%$28,545,72521%
2015$1,934,0112%$1,773,46710%$23,575,6151%
2014$1,970,08551%$1,608,90119%$23,415,0712%
2013$1,302,94846%$1,346,3612%$23,053,887
2012$894,20232%$1,314,289$23,097,3002%
2011$677,700$1,319,985$23,517,387

Frequently Asked Questions

What does Harvey L & Maud C Sorensen Foundation do?

Harvey L & Maud C Sorensen Foundation is a philanthropy, voluntarism & grantmaking nonprofit organization based in California. It is classified under NTEE code T20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Harvey L & Maud C Sorensen Foundation financially healthy?

Based on our 9-metric Financial Health Score model, Harvey L & Maud C Sorensen Foundation has a score of 63/100 (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 Harvey L & Maud C Sorensen Foundation generate?

Revenue data for Harvey L & Maud C Sorensen Foundation is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.

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