Norris Square Neighborhood Project
EIN: 232045157 · Philadelphia, PA · NTEE: S200
| Metric | Value |
|---|---|
| Total Revenue | $850K |
| Total Expenses | $753K |
| Net Assets | $1.4M |
Is Norris Square Neighborhood Project Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Norris Square Neighborhood Project
Norris Square Neighborhood Project (EIN: 232045157) is a nonprofit organization based in Philadelphia, PA, classified under NTEE code S200. The organization reported total revenue of $850K and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Norris Square Neighborhood Project's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Norris Square Neighborhood Project is a small nonprofit that has been operating for 48 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $753K |
| Surplus / Deficit | +$420K |
| Total Assets | $1.5M |
| Total Liabilities | $67K |
| Net Assets | $1.4M |
| Operating Margin | 35.8% |
| Debt-to-Asset Ratio | 4.4% |
| Months of Reserves | 24.2 months |
Financial Health Grade: A
In 2023, Norris Square Neighborhood Project reported a surplus of $420K with revenue exceeding expenses, holds 24.2 months of operating reserves (strong position), has a debt-to-asset ratio of 4.4% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2023), Norris Square Neighborhood Project's revenue has grown at a compound annual growth rate (CAGR) of 4.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -9.7% | +44.5% | +36.8% |
| 2022 | +176.7% | +19.5% | +163.1% |
| 2021 | -27.1% | +9.5% | +20.0% |
| 2020 | +191.0% | +30.5% | +285.0% |
| 2019 | -40.1% | -27.6% | -52.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1978 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Norris Square Neighborhood Project 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 Norris Square Neighborhood Project 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 $420K, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.4%.
Frequently Asked Questions about Norris Square Neighborhood Project
Is Norris Square Neighborhood Project a legitimate charity?
Norris Square Neighborhood Project (EIN: 232045157) is a registered tax-exempt nonprofit based in Pennsylvania. It has 14 years of IRS 990 filings on record. Total revenue: $850K. No red flags identified. Financial health grade: A.
How does Norris Square Neighborhood Project spend its money?
Norris Square Neighborhood Project reported $850K in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Norris Square Neighborhood Project tax-deductible?
Norris Square Neighborhood Project is registered as a tax-exempt nonprofit (EIN: 232045157). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Norris Square Neighborhood Project located?
Norris Square Neighborhood Project is headquartered in Philadelphia, Pennsylvania and files with the IRS under EIN 232045157. It is classified under NTEE code S200.
How many years of IRS 990 filings does Norris Square Neighborhood Project have?
Norris Square Neighborhood Project has 14 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 $850K in total revenue.
Filing History
IRS 990 filing history for Norris Square Neighborhood Project showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Norris Square Neighborhood Project's revenue has grown by 70%, moving from $690K to $1.2M. Total assets increased by 768.2% over the same period, from $175K to $1.5M. Total functional expenses rose by 43.8%, from $524K to $753K. In its most recent filing year (2023), Norris Square Neighborhood Project reported a surplus of $420K, with revenue exceeding expenses. The organization holds $67K in liabilities against $1.5M in assets (debt-to-asset ratio: 4.4%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $753K | $1.5M | $67K | — | View 990 |
| 2022 | $1.3M | $521K | $1.1M | $79K | — | View 990 |
| 2021 | $469K | $436K | $421K | $170K | — | View 990 |
| 2020 | $644K | $398K | $351K | $133K | — | View 990 |
| 2019 | $221K | $305K | $91K | $119K | — | View 990 |
| 2018 | $369K | $421K | $193K | $137K | — | View 990 |
| 2017 | $451K | $517K | $264K | $156K | — | View 990 |
| 2016 | $379K | $453K | $371K | $197K | — | View 990 |
| 2015 | $727K | $406K | $521K | $272K | — | View 990 |
| 2014 | $455K | $606K | $184K | $256K | — | View 990 |
| 2013 | $768K | $739K | $307K | $229K | — | View 990 |
| 2012 | $580K | $640K | $190K | $141K | — | View 990 |
| 2011 | $34K | $52K | $157K | $48K | — | View 990 |
| 2011 | $690K | $524K | $175K | $47K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $753K, and assets of $1.5M (revenue -9.7% year-over-year).
- 2022: Revenue of $1.3M, expenses of $521K, and assets of $1.1M (revenue +176.7% year-over-year).
- 2021: Revenue of $469K, expenses of $436K, and assets of $421K (revenue -27.1% year-over-year).
- 2020: Revenue of $644K, expenses of $398K, and assets of $351K (revenue +191.0% year-over-year).
- 2019: Revenue of $221K, expenses of $305K, and assets of $91K (revenue -40.1% year-over-year).
- 2018: Revenue of $369K, expenses of $421K, and assets of $193K (revenue -18.1% year-over-year).
- 2017: Revenue of $451K, expenses of $517K, and assets of $264K (revenue +19.0% year-over-year).
- 2016: Revenue of $379K, expenses of $453K, and assets of $371K (revenue -47.9% year-over-year).
- 2015: Revenue of $727K, expenses of $406K, and assets of $521K (revenue +59.7% year-over-year).
- 2014: Revenue of $455K, expenses of $606K, and assets of $184K (revenue -40.8% year-over-year).
- 2013: Revenue of $768K, expenses of $739K, and assets of $307K (revenue +32.6% year-over-year).
- 2012: Revenue of $580K, expenses of $640K, and assets of $190K (revenue +1614.0% year-over-year).
- 2011: Revenue of $34K, expenses of $52K, and assets of $157K (revenue -95.1% year-over-year).
- 2011: Revenue of $690K, expenses of $524K, and assets of $175K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Norris Square Neighborhood Project:
Data Sources and Methodology
This transparency report for Norris Square Neighborhood Project 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.