Norman J And Gerry Sue Arnold Foundation
EIN: 576029371 · Columbia, SC · NTEE: T90Z
| Metric | Value |
|---|---|
| Total Revenue | $3.4M |
| Total Expenses | $489K |
| Net Assets | $6.0M |
Is Norman J And Gerry Sue Arnold Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Norman J And Gerry Sue Arnold Foundation
Norman J And Gerry Sue Arnold Foundation (EIN: 576029371) is a nonprofit organization based in Columbia, SC, classified under NTEE code T90Z. The organization reported total revenue of $3.4M and total assets of $5.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Norman J And Gerry Sue Arnold Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Norman J And Gerry Sue Arnold Foundation is a mid-size nonprofit that has been operating for 60 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $459K |
| Total Expenses | $489K |
| Surplus / Deficit | $-30,347 |
| Total Assets | $6.0M |
| Total Liabilities | $2K |
| Net Assets | $6.0M |
| Operating Margin | -6.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 147.1 months |
Financial Health Grade: B
In 2023, Norman J And Gerry Sue Arnold Foundation reported a deficit of $30K with expenses exceeding revenue, holds 147.1 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), Norman J And Gerry Sue Arnold Foundation's revenue has grown at a compound annual growth rate (CAGR) of 12.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.7% | -4.2% | -0.5% |
| 2022 | -38.7% | -6.9% | -1.7% |
| 2021 | +95.8% | +15.5% | +1.8% |
| 2020 | -4.4% | -6.8% | -2.3% |
| 2019 | +587.6% | +115.6% | +182.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1966 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Norman J And Gerry Sue Arnold Foundation 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 Norman J And Gerry Sue Arnold Foundation 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 $30K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Norman J And Gerry Sue Arnold Foundation
Is Norman J And Gerry Sue Arnold Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Norman J And Gerry Sue Arnold Foundation (EIN: 576029371) insufficient data. 0 red flags identified, 0 strengths noted.
How does Norman J And Gerry Sue Arnold Foundation spend its money?
Detailed spending breakdown data is not yet available for Norman J And Gerry Sue Arnold Foundation. Check back for updated IRS 990 analysis.
Are donations to Norman J And Gerry Sue Arnold Foundation tax-deductible?
Norman J And Gerry Sue Arnold Foundation is registered as a tax-exempt nonprofit (EIN: 576029371). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Norman J And Gerry Sue Arnold Foundation located?
Norman J And Gerry Sue Arnold Foundation is headquartered in Columbia, South Carolina and files with the IRS under EIN 576029371. It is classified under NTEE code T90Z.
How many years of IRS 990 filings does Norman J And Gerry Sue Arnold Foundation have?
Norman J And Gerry Sue Arnold Foundation 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 $3.4M in total revenue.
Filing History
IRS 990 filing history for Norman J And Gerry Sue Arnold Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Norman J And Gerry Sue Arnold Foundation's revenue has grown by 309.8%, moving from $112K to $459K. Total assets increased by 235.3% over the same period, from $1.8M to $6.0M. Total functional expenses rose by 739.3%, from $58K to $489K. In its most recent filing year (2023), Norman J And Gerry Sue Arnold Foundation reported a deficit of $30K, with expenses exceeding revenue. The organization holds $2K in liabilities against $6.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $6.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $459K | $489K | $6.0M | $2K | — | — |
| 2022 | $404K | $511K | $6.0M | $1 | — | View 990 |
| 2021 | $659K | $548K | $6.1M | $1 | — | View 990 |
| 2020 | $336K | $475K | $6.0M | $1 | — | — |
| 2019 | $352K | $509K | $6.2M | $5K | — | View 990 |
| 2015 | $51K | $236K | $2.2M | $1 | — | View 990 |
| 2014 | $625K | $59K | $2.4M | $1 | — | View 990 |
| 2013 | $161K | $125K | $1.8M | $1 | — | View 990 |
| 2012 | $83K | $72K | $1.8M | $0 | — | View 990 |
| 2011 | $112K | $58K | $1.8M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $459K, expenses of $489K, and assets of $6.0M (revenue +13.7% year-over-year).
- 2022: Revenue of $404K, expenses of $511K, and assets of $6.0M (revenue -38.7% year-over-year).
- 2021: Revenue of $659K, expenses of $548K, and assets of $6.1M (revenue +95.8% year-over-year).
- 2020: Revenue of $336K, expenses of $475K, and assets of $6.0M (revenue -4.4% year-over-year).
- 2019: Revenue of $352K, expenses of $509K, and assets of $6.2M (revenue +587.6% year-over-year).
- 2015: Revenue of $51K, expenses of $236K, and assets of $2.2M (revenue -91.8% year-over-year).
- 2014: Revenue of $625K, expenses of $59K, and assets of $2.4M (revenue +288.9% year-over-year).
- 2013: Revenue of $161K, expenses of $125K, and assets of $1.8M (revenue +92.6% year-over-year).
- 2012: Revenue of $83K, expenses of $72K, and assets of $1.8M (revenue -25.4% year-over-year).
- 2011: Revenue of $112K, expenses of $58K, and assets of $1.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Norman J And Gerry Sue Arnold Foundation:
Data Sources and Methodology
This transparency report for Norman J And Gerry Sue Arnold Foundation 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.