Norwegian American Defense Homeland Security Industry Council
EIN: 461045605 · Washington, DC · NTEE: S41
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $799K |
| Net Assets | $-106,277 |
Is Norwegian American Defense Homeland Security Industry Council Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Norwegian American Defense Homeland Security Industry Council
Norwegian American Defense Homeland Security Industry Council (EIN: 461045605) is a nonprofit organization based in Washington, DC, classified under NTEE code S41. The organization reported total revenue of $1.2M and total assets of $277K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Norwegian American Defense Homeland Security Industry Council's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Norwegian American Defense Homeland Security Industry Council is a mid-size nonprofit that has been operating for 13 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 33.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $919K |
| Total Expenses | $799K |
| Surplus / Deficit | +$119K |
| Total Assets | $249K |
| Total Liabilities | $356K |
| Net Assets | $-106,277 |
| Operating Margin | 13.0% |
| Debt-to-Asset Ratio | 142.6% |
| Months of Reserves | 3.7 months |
Financial Health Grade: A
In 2023, Norwegian American Defense Homeland Security Industry Council reported a surplus of $119K with revenue exceeding expenses, holds 3.7 months of operating reserves (adequate), has a debt-to-asset ratio of 142.6% (high leverage).
Financial Trends
Over 11 years of filings (2013–2023), Norwegian American Defense Homeland Security Industry Council's revenue has grown at a compound annual growth rate (CAGR) of 33.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -8.0% | -25.7% | +58.6% |
| 2022 | +56.0% | +59.4% | -21.8% |
| 2021 | +11.7% | +51.6% | +33.3% |
| 2020 | -12.4% | -37.5% | +111.8% |
| 2019 | +20.1% | +34.2% | +81.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Norwegian American Defense Homeland Security Industry Council 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 Norwegian American Defense Homeland Security Industry Council 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 $119K, with revenue exceeding expenses.
- Debt-to-asset ratio: 142.6%.
Frequently Asked Questions about Norwegian American Defense Homeland Security Industry Council
Is Norwegian American Defense Homeland Security Industry Council a legitimate charity?
Norwegian American Defense Homeland Security Industry Council (EIN: 461045605) is a registered tax-exempt nonprofit based in Washington DC. It has 11 years of IRS 990 filings on record. Total revenue: $1.2M. No red flags identified. Financial health grade: A.
How does Norwegian American Defense Homeland Security Industry Council spend its money?
Norwegian American Defense Homeland Security Industry Council reported $1.2M in total revenue in IRS 990 filings. 11 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Norwegian American Defense Homeland Security Industry Council tax-deductible?
Norwegian American Defense Homeland Security Industry Council is registered as a tax-exempt nonprofit (EIN: 461045605). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Norwegian American Defense Homeland Security Industry Council located?
Norwegian American Defense Homeland Security Industry Council is headquartered in Washington, Washington DC and files with the IRS under EIN 461045605. It is classified under NTEE code S41.
How many years of IRS 990 filings does Norwegian American Defense Homeland Security Industry Council have?
Norwegian American Defense Homeland Security Industry Council has 11 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 $1.2M in total revenue.
Filing History
IRS 990 filing history for Norwegian American Defense Homeland Security Industry Council showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Norwegian American Defense Homeland Security Industry Council's revenue has grown by 1723.7%, moving from $50K to $919K. Total assets increased by 392.6% over the same period, from $51K to $249K. Total functional expenses rose by 1128.1%, from $65K to $799K. In its most recent filing year (2023), Norwegian American Defense Homeland Security Industry Council reported a surplus of $119K, with revenue exceeding expenses. The organization holds $356K in liabilities against $249K in assets (debt-to-asset ratio: 142.6%), resulting in net assets of $-106,277.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $919K | $799K | $249K | $356K | — | View 990 |
| 2022 | $998K | $1.1M | $157K | $383K | — | View 990 |
| 2021 | $640K | $675K | $201K | $130K | — | View 990 |
| 2020 | $573K | $445K | $151K | $45K | — | — |
| 2019 | $654K | $711K | $71K | $93K | — | View 990 |
| 2018 | $545K | $530K | $39K | $4K | — | View 990 |
| 2017 | $368K | $360K | $66K | $45K | — | View 990 |
| 2016 | $232K | $282K | $13K | $490 | — | View 990 |
| 2015 | $113K | $104K | $64K | $521 | — | View 990 |
| 2014 | $85K | $82K | $55K | $595 | — | View 990 |
| 2013 | $50K | $65K | $51K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $919K, expenses of $799K, and assets of $249K (revenue -8.0% year-over-year).
- 2022: Revenue of $998K, expenses of $1.1M, and assets of $157K (revenue +56.0% year-over-year).
- 2021: Revenue of $640K, expenses of $675K, and assets of $201K (revenue +11.7% year-over-year).
- 2020: Revenue of $573K, expenses of $445K, and assets of $151K (revenue -12.4% year-over-year).
- 2019: Revenue of $654K, expenses of $711K, and assets of $71K (revenue +20.1% year-over-year).
- 2018: Revenue of $545K, expenses of $530K, and assets of $39K (revenue +47.8% year-over-year).
- 2017: Revenue of $368K, expenses of $360K, and assets of $66K (revenue +58.9% year-over-year).
- 2016: Revenue of $232K, expenses of $282K, and assets of $13K (revenue +104.8% year-over-year).
- 2015: Revenue of $113K, expenses of $104K, and assets of $64K (revenue +32.6% year-over-year).
- 2014: Revenue of $85K, expenses of $82K, and assets of $55K (revenue +69.6% year-over-year).
- 2013: Revenue of $50K, expenses of $65K, and assets of $51K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Norwegian American Defense Homeland Security Industry Council:
Data Sources and Methodology
This transparency report for Norwegian American Defense Homeland Security Industry Council 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.