GLEN D AND CLAUDINE M NORTON CHARITABLE TRUST (EIN 276756048) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2010

Legal Domicile

Principal Officer

H HURST COFFMAN

Phone

7852322662

Tax Period

2023-10-01 to 2024-09-30

GLEN D AND CLAUDINE M NORTON CHARITABLE TRUST, founded in 2010, is a micro nonprofit that reported $49K in total revenue in fiscal year 2023. Revenue surged 242% from the prior year, signaling strong growth momentum. The organization ran a surplus of $41K, a strong 84% operating margin.

Mission

The Trust was created and is operated exclusively for the literary and educational purposes which benefit the Overbrook, Kansas community by providing financial assistance to the public library of Overbrook, Kansas.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $49,025

Other Revenue $0

TOTAL REVENUE $49,025

Expense Breakdown

Grants Paid $6,059

Salaries & Benefits $500

Fundraising Expenses $0

Program Expenses $6,059

Other Expenses $1,451

TOTAL EXPENSES $8,010

Year-over-Year Comparison

	2023	2022	Change
Revenue	$49,025	$14,349	+2.4%
Expenses	$8,010	$14,025	-0.4%
Net Income	$41,015	$324	+125.6%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

$500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
H HURST COFFMAN	Trustee	1.00	Director	$500	$0	$500

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$49,025	$8,010	No data	$41,015
2023	$14,349	$14,025	$291,597	$324
2022	$14,978	$11,571	$291,273	$3,407
2021	$31,004	$12,787	$287,865	$18,217
2020	$13,382	$14,012	$269,648	$-630
2019	$13,740	$13,757	$270,278	$-17

GLEN D AND CLAUDINE M NORTON CHARITABLE TRUST