Sons Of Norway Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 687,886 | 229,996 | 457,890 | 330.4 | 32% |
| 2015 | 471,098 | 245,787 | 225,311 | 299.2 | 36% |
| 2016 | 739,866 | 366,412 | 373,454 | 219.1 | 23% |
| 2017 | 445,981 | 367,951 | 78,030 | 245.5 | 24% |
| 2018 | 685,103 | 388,207 | 296,896 | 221.0 | 24% |
| 2019 | 1,944,214 | 570,210 | 1,374,004 | 185.7 | 54% |
| 2020 | 742,757 | 512,174 | 230,583 | 231.1 | 52% |
| 2021 | 1,541,560 | 547,221 | 994,339 | 258.9 | 60% |
| 2022 | 981,213 | 637,953 | 343,260 | 198.0 | 53% |
| 2023 | 866,401 | 607,078 | 259,323 | 231.0 | 47% |
In its most recent public year (2023), this organization brought in $259,323 more than it spent. Its reserves stood at about 231 months of spending, down from 330.4 in 2014. Staff pay was 47% of spending. $8,460,000 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Sons Of Norway Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works