Is The Elwood And Stephanie Norris Foundation Legit?
Quick charity verification for The Elwood And Stephanie Norris Foundation (EIN: 202462445)
Verdict: The Elwood And Stephanie Norris Foundation has notable concerns
20/100Mission Score
$0Revenue
$0Assets
3Red Flags
1Strengths
Red Flags
Zero revenue and assets in the latest filing, indicating potential inactivity.
Consistent net losses where expenses significantly exceeded revenue in prior years (e.g., $11,071 revenue vs. $37,848 expenses in 2011).
Steady decline in assets from $2,482 in 2011 to $0 currently.
Strengths
No reported officer compensation, suggesting a volunteer-driven model if active.
Spending Breakdown
How The Elwood And Stephanie Norris Foundation allocates its funds across programs, administration, and fundraising.
0%
Program Spending
Concerning — less than half to programs
0%
Admin Costs
Reasonable — admin costs in check
0%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about The Elwood And Stephanie Norris Foundation
Is The Elwood And Stephanie Norris Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, The Elwood And Stephanie Norris Foundation (EIN: 202462445) has notable concerns. Mission Score: 20/100. 3 red flags identified, 1 strength noted.
Is The Elwood And Stephanie Norris Foundation a good charity to donate to?
The Elwood And Stephanie Norris Foundation has a Mission Score of 20/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for The Elwood And Stephanie Norris Foundation?
The Employer Identification Number (EIN) for The Elwood And Stephanie Norris Foundation is 202462445. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does The Elwood And Stephanie Norris Foundation spend its money?
The Elwood And Stephanie Norris Foundation allocates 0% to programs, 0% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify The Elwood And Stephanie Norris Foundation's tax-exempt status?
You can verify The Elwood And Stephanie Norris Foundation's tax-exempt status using EIN 202462445 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Elwood And Stephanie Norris Foundation appears to be a very small, potentially inactive, or winding-down private foundation based on its recent IRS 990 filings. With zero revenue and zero assets reported in its latest filing, and consistently low revenue and high expenses in prior years (e.g., $11,071 revenue against $37,848 expenses in 2011), the organization has not demonstrated significant financial activity or growth. Its assets have also steadily declined from $2,482 in 2011 to $0 currently, indicating a lack of financial resources or ongoing operations.
The financial health is concerning given the consistent net losses and asset depletion. The organization's spending efficiency cannot be accurately assessed without a detailed breakdown of expenses, but the overall trend of expenses significantly exceeding revenue suggests an unsustainable model if it were an active grant-making or program-delivery entity. The lack of reported officer compensation across all filings suggests either a fully volunteer-run organization or that compensation is not being reported in a standard manner, which could be a positive for efficiency or a red flag for transparency depending on the actual operational structure.
Transparency is moderate. While the filings are available, the NTEE code is unknown, and the minimal financial activity makes it difficult to gauge program effectiveness or administrative overhead. The consistent reporting of $1 in liabilities in several years (2012-2015) for an organization with such low activity is unusual and warrants further scrutiny, though it's a minor amount. Overall, the foundation's financial data points to a very limited operational scope, if any.