Norman Regional Health Foundation
EIN: 731203942 · Norman, OK · NTEE: E112
| Metric | Value |
|---|---|
| Total Revenue | $2.1M |
| Total Expenses | $1.4M |
| Net Assets | $5.0M |
Is Norman Regional Health 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 Regional Health Foundation
Norman Regional Health Foundation (EIN: 731203942) is a nonprofit organization based in Norman, OK, classified under NTEE code E112. The organization reported total revenue of $2.1M and total assets of $5.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Norman Regional Health Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Norman Regional Health Foundation is a mid-size nonprofit that has been operating for 42 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 17.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.0M |
| Total Expenses | $1.4M |
| Surplus / Deficit | +$542K |
| Total Assets | $5.5M |
| Total Liabilities | $447K |
| Net Assets | $5.0M |
| Operating Margin | 27.6% |
| Debt-to-Asset Ratio | 8.2% |
| Months of Reserves | 46.2 months |
Financial Health Grade: A
In 2023, Norman Regional Health Foundation reported a surplus of $542K with revenue exceeding expenses, holds 46.2 months of operating reserves (strong position), has a debt-to-asset ratio of 8.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Norman Regional Health Foundation's revenue has grown at a compound annual growth rate (CAGR) of 17.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +71.0% | +26.5% | +21.5% |
| 2022 | +5.5% | +77.8% | -17.3% |
| 2021 | +71.7% | +20.5% | +35.6% |
| 2020 | -2.3% | +5.6% | +7.1% |
| 2019 | -44.5% | -33.3% | +4.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Norman Regional Health 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 Regional Health 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 surplus of $542K, with revenue exceeding expenses.
- Debt-to-asset ratio: 8.2%.
Frequently Asked Questions about Norman Regional Health Foundation
Is Norman Regional Health Foundation a legitimate charity?
Norman Regional Health Foundation (EIN: 731203942) is a registered tax-exempt nonprofit based in Oklahoma. It has 13 years of IRS 990 filings on record. Total revenue: $2.1M. No red flags identified. Financial health grade: A.
How does Norman Regional Health Foundation spend its money?
Norman Regional Health Foundation reported $2.1M in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Norman Regional Health Foundation tax-deductible?
Norman Regional Health Foundation is registered as a tax-exempt nonprofit (EIN: 731203942). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Norman Regional Health Foundation located?
Norman Regional Health Foundation is headquartered in Norman, Oklahoma and files with the IRS under EIN 731203942. It is classified under NTEE code E112.
How many years of IRS 990 filings does Norman Regional Health Foundation have?
Norman Regional Health Foundation has 13 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 $2.1M in total revenue.
Filing History
IRS 990 filing history for Norman Regional Health Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Norman Regional Health Foundation's revenue has grown by 617.3%, moving from $274K to $2.0M. Total assets increased by 82.3% over the same period, from $3.0M to $5.5M. Total functional expenses rose by 206.8%, from $464K to $1.4M. In its most recent filing year (2023), Norman Regional Health Foundation reported a surplus of $542K, with revenue exceeding expenses. The organization holds $447K in liabilities against $5.5M in assets (debt-to-asset ratio: 8.2%), resulting in net assets of $5.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.0M | $1.4M | $5.5M | $447K | — | View 990 |
| 2022 | $1.1M | $1.1M | $4.5M | $355K | — | View 990 |
| 2021 | $1.1M | $633K | $5.5M | $374K | — | — |
| 2020 | $635K | $525K | $4.0M | $290K | — | View 990 |
| 2019 | $650K | $498K | $3.8M | $159K | — | View 990 |
| 2018 | $1.2M | $747K | $3.6M | $250K | — | View 990 |
| 2017 | $625K | $545K | $3.4M | $125K | — | View 990 |
| 2016 | $786K | $908K | $3.3M | $354K | — | View 990 |
| 2015 | $553K | $752K | $3.4M | $120K | — | View 990 |
| 2014 | $1.3M | $944K | $3.8M | $201K | — | View 990 |
| 2013 | $1.2M | $1.1M | $3.1M | $173K | — | View 990 |
| 2012 | $65K | $428K | $2.8M | $62K | — | View 990 |
| 2011 | $274K | $464K | $3.0M | $46K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.0M, expenses of $1.4M, and assets of $5.5M (revenue +71.0% year-over-year).
- 2022: Revenue of $1.1M, expenses of $1.1M, and assets of $4.5M (revenue +5.5% year-over-year).
- 2021: Revenue of $1.1M, expenses of $633K, and assets of $5.5M (revenue +71.7% year-over-year).
- 2020: Revenue of $635K, expenses of $525K, and assets of $4.0M (revenue -2.3% year-over-year).
- 2019: Revenue of $650K, expenses of $498K, and assets of $3.8M (revenue -44.5% year-over-year).
- 2018: Revenue of $1.2M, expenses of $747K, and assets of $3.6M (revenue +87.6% year-over-year).
- 2017: Revenue of $625K, expenses of $545K, and assets of $3.4M (revenue -20.6% year-over-year).
- 2016: Revenue of $786K, expenses of $908K, and assets of $3.3M (revenue +42.3% year-over-year).
- 2015: Revenue of $553K, expenses of $752K, and assets of $3.4M (revenue -58.3% year-over-year).
- 2014: Revenue of $1.3M, expenses of $944K, and assets of $3.8M (revenue +10.2% year-over-year).
- 2013: Revenue of $1.2M, expenses of $1.1M, and assets of $3.1M (revenue +1763.1% year-over-year).
- 2012: Revenue of $65K, expenses of $428K, and assets of $2.8M (revenue -76.5% year-over-year).
- 2011: Revenue of $274K, expenses of $464K, and assets of $3.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Norman Regional Health Foundation:
Data Sources and Methodology
This transparency report for Norman Regional Health 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.