Norris Dorsey Academy of Entrepreneurs

Analysis

Norris Dorsey Academy of Entrepreneurs is a registered charity in United States, based in Van Nuys, CA. It received its IRS tax-exemption ruling in February 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Norris Dorsey Academy of Entrepreneurs reported income of $93k and spending of $61k, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $88k to $93k (+5.9%), an average of +1.4% a year. The sharpest change came in the year to December 2020, when income rose by 282%. Over the whole period it spent 119% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Norris Dorsey Academy of Entrepreneurs sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within CA. Charities of a similar size with the same main cause include Lifting Kids ($93k), Hots Springs County School District No 1 Education Endowment ($93k) and Rhode Island Academic Decathlon Association ($93k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $25k (41% of expenses). At year end it held assets of -$131k against liabilities of $0, net assets of -$131k. It reported 1 employees.