Norbert A & Marion C Lange Mem Fund
EIN: 341372832 · Brooklyn, OH
| Metric | Value |
|---|---|
| Total Revenue | $516K |
| Total Expenses | $246K |
| Net Assets | $4.4M |
Is Norbert A & Marion C Lange Mem Fund Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Norbert A & Marion C Lange Mem Fund
Norbert A & Marion C Lange Mem Fund (EIN: 341372832) is a nonprofit organization based in Brooklyn, OH. The organization reported total revenue of $516K and total assets of $4.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Norbert A & Marion C Lange Mem Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Norbert A & Marion C Lange Mem Fund is a small nonprofit, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -9.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $67K |
| Total Expenses | $246K |
| Surplus / Deficit | $-179,269 |
| Total Assets | $4.4M |
| Total Liabilities | $1 |
| Net Assets | $4.4M |
| Operating Margin | -268.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 213.6 months |
Financial Health Grade: B
In 2023, Norbert A & Marion C Lange Mem Fund reported a deficit of $179K with expenses exceeding revenue, holds 213.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Norbert A & Marion C Lange Mem Fund's revenue has declined at a compound annual growth rate (CAGR) of -9.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -103.1% | +17.5% | -6.3% |
| 2021 | +141.7% | +0.2% | +8.0% |
| 2020 | -32.4% | -0.6% | +0.1% |
| 2019 | +29.1% | -1.0% | -5.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Norbert A & Marion C Lange Mem Fund has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Norbert A & Marion C Lange Mem Fund with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $179K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Norbert A & Marion C Lange Mem Fund
Is Norbert A & Marion C Lange Mem Fund a legitimate charity?
Norbert A & Marion C Lange Mem Fund (EIN: 341372832) is a registered tax-exempt nonprofit based in Ohio. It has 10 years of IRS 990 filings on record. Total revenue: $516K. No red flags identified. Financial health grade: B.
How does Norbert A & Marion C Lange Mem Fund spend its money?
Norbert A & Marion C Lange Mem Fund reported $516K in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Norbert A & Marion C Lange Mem Fund tax-deductible?
Norbert A & Marion C Lange Mem Fund is registered as a tax-exempt nonprofit (EIN: 341372832). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Norbert A & Marion C Lange Mem Fund located?
Norbert A & Marion C Lange Mem Fund is headquartered in Brooklyn, Ohio and files with the IRS under EIN 341372832.
How many years of IRS 990 filings does Norbert A & Marion C Lange Mem Fund have?
Norbert A & Marion C Lange Mem Fund has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $516K in total revenue.
Filing History
IRS 990 filing history for Norbert A & Marion C Lange Mem Fund showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Norbert A & Marion C Lange Mem Fund's revenue has declined by 69.3%, moving from $217K to $67K. Total assets increased by 6.5% over the same period, from $4.1M to $4.4M. Total functional expenses rose by 23.1%, from $200K to $246K. In its most recent filing year (2023), Norbert A & Marion C Lange Mem Fund reported a deficit of $179K, with expenses exceeding revenue. The organization holds $1 in liabilities against $4.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $4.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $67K | $246K | $4.4M | $1 | — | View 990 |
| 2022 | $-19,068 | $290K | $4.6M | $1 | — | View 990 |
| 2021 | $606K | $246K | $4.9M | $1 | — | — |
| 2020 | $251K | $246K | $4.5M | $1 | — | View 990 |
| 2019 | $371K | $247K | $4.5M | $0 | — | View 990 |
| 2015 | $287K | $250K | $4.8M | $0 | — | View 990 |
| 2014 | $494K | $233K | $4.7M | $0 | — | View 990 |
| 2013 | $490K | $216K | $4.5M | $0 | — | View 990 |
| 2012 | $310K | $209K | $4.2M | $0 | — | View 990 |
| 2011 | $217K | $200K | $4.1M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $67K, expenses of $246K, and assets of $4.4M.
- 2022: Revenue of $-19,068, expenses of $290K, and assets of $4.6M (revenue -103.1% year-over-year).
- 2021: Revenue of $606K, expenses of $246K, and assets of $4.9M (revenue +141.7% year-over-year).
- 2020: Revenue of $251K, expenses of $246K, and assets of $4.5M (revenue -32.4% year-over-year).
- 2019: Revenue of $371K, expenses of $247K, and assets of $4.5M (revenue +29.1% year-over-year).
- 2015: Revenue of $287K, expenses of $250K, and assets of $4.8M (revenue -41.8% year-over-year).
- 2014: Revenue of $494K, expenses of $233K, and assets of $4.7M (revenue +0.9% year-over-year).
- 2013: Revenue of $490K, expenses of $216K, and assets of $4.5M (revenue +58.0% year-over-year).
- 2012: Revenue of $310K, expenses of $209K, and assets of $4.2M (revenue +42.6% year-over-year).
- 2011: Revenue of $217K, expenses of $200K, and assets of $4.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Norbert A & Marion C Lange Mem Fund:
Data Sources and Methodology
This transparency report for Norbert A & Marion C Lange Mem Fund is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.