Norn Group (EIN 871540960) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2021

Legal Domicile

Principal Officer

Martin Borch Jensen

Phone

6282430066

Tax Period

2024-07-01 to 2025-06-30

Norn Group, founded in 2021, is a small nonprofit in the Medical Research sector that reported $576K in total revenue in fiscal year 2024. Revenue fell 95% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $226K, a strong 39% operating margin.

Mission

The organization supports research to help people to live better and live longer.

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Trantor Score

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

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $269,459

Program Service Revenue $0

Investment Income $282,293

Other Revenue $24,419

TOTAL REVENUE $576,171

Expense Breakdown

Grants Paid $184,800

Salaries & Benefits $50,409

Fundraising Expenses $0

Program Expenses $200,963

Other Expenses $114,479

TOTAL EXPENSES $349,688

Year-over-Year Comparison

	2024	2023	Change
Revenue	$576,171	$10,785,586	-0.9%
Expenses	$349,688	$9,755,285	-1.0%
Net Income	$226,483	$1,030,301	-0.8%

Key Indicators

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

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Martin Borch Jensen	President	10.00	Officer Director	$0	$0	$0
Adam Marblestone	Board Member	1.00	Director	$0	$0	$0
Laura Deming	Board Member	1.00	Director	$0	$0	$0

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
2025	$576,171	$349,688	$3,270,873	$226,483
2024	$10,785,586	$9,755,285	$7,514,601	$1,030,301
2023	$2,528,167	$1,633,834	$1,391,696	$894,333
2022	$28,469,174	$27,971,811	$4,072,034	$497,363

Norn Group