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Nonprofiteer
← NORN GROUP

Form 990 for tax year 2022

Filed by NORN GROUP.

Totals

Total revenue
$2,528,167
Total expenses
$1,633,834
Contributions and grants received
$2,500,131
Grants paid
$1,234,579
Program service revenue
$0
Investment income
$28,036
Other revenue
$0
Total assets, end of year
$1,391,696
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$1,391,696
Program services expenses (Part IX)
$1,336,704
Management and general expenses
$297,130
Fundraising expenses
$0
Program service expenses (Part III)
$1,336,704

Program services were 81.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $2,500,131

  • 3 · Investment income

    total $28,036 · excluded $28,036

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,181,146 · program services $1,181,146

  • 3 · Grants to foreign organizations and individuals

    total $53,433 · program services $53,433

  • 5 · Compensation of officers, directors and key employees

    total $6,760 · program services $6,760

  • 7 · Other salaries and wages

    total $80,000 · management and general $80,000

  • 10 · Payroll taxes

    total $4,335 · management and general $4,335

  • 11c · Fees: accounting

    total $27,024 · management and general $27,024

  • 11g · Fees: other

    total $97,129 · program services $95,365 · management and general $1,764

  • 13 · Office expenses

    total $1,290 · management and general $1,290

  • 14 · Information technology

    total $2,123 · management and general $2,123

  • 17 · Travel

    total $1,433 · management and general $1,433

  • 23 · Insurance

    total $4,054 · management and general $4,054

  • 24a · Other expenses: IMPAIRMENT OF CRYPTOCUR

    total $175,107 · management and general $175,107

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $3,432,891 · end of year $45,218

  • 3 · Pledges and grants receivable

    end of year $165,000

  • 12 · Investments: other securities

    end of year $717,442

  • 15 · Other assets

    beginning of year $639,143 · end of year $464,036

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,960

  • 18 · Grants payable

    beginning of year $3,570,201

  • 25 · Other liabilities

    beginning of year $1,510 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $497,363 · end of year $1,391,696

Mission and programs · 2022

Mission

TO ACCELERATE THE DEVELOPMENT OF THERAPIES THAT SLOW OR REVERSE HUMAN AGING AND AGE-RELATED DISEASES, THROUGH VARIOUS ACTIVITIES INCLUDING SUPPORTING RESEARCH AND DATA COLLECTION THAT IMPROVES OUR UNDERSTANDING OF AGING BIOLOGY, TRAINING PEOPLE TO WORK IN THIS FIELD, PRODUCE EVENTS AND MATERIALS THAT EDUCATE ABOUT AGING AND ITS TREATMENT, BRINGING TOGETHER PEOPLE WHO CAN CONTRIBUTE TO THIS MISSION, RAISING AWARENESS ABOUT THE POTENTIAL OF ANTI-AGING TECHNOLOGY, AND PROVIDE TOOLS THAT EMPOWER PEOPLE TO HELP WITH THIS MISSION.

Activities or mission (Part I)

THE ORGANIZATION SUPPORTS RESEARCH TO HELP PEOPLE TO LIVE BETTER AND LIVE LONGER.

  • PROJECTS FUNDED INCULDE THOSE THAT CHALLENGE ASSUMPTIONS,DEVELOP NEW TOOLS AND METHODOLOGIES,DISCOVER WAYS TO REVERSE AGING PROCESSES AND SYNTHESIZE ISOLATED MANIFESTATIONS OF AGING INTO A SYSTEMIC PERSPECTIVE AS WELL AS THOUGH THAT BRING TOGETHER LEADERS IN THE FIELD AND PROVIDES THOSE INTERESTED WITH TRAINING,MENTORSHIP,EXPERIENCE AND JOBS.

    Expenses $1,336,704 · Grants $1,234,579

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Martin Borch Jensen

    PRESIDENT

    Total calculated
    $6,760
    From this org
    $6,760
    From related orgs
    $0
    Other
    $0
    Hours/week
    20

  • Adam Marblestone

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Laura Deming

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Provenance

Return type
form_990
Tax year
2022
Filed
12 February 2024
IRS schema version
2022v5.0
Source object
202430469349302303

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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