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Nonprofiteer
← NORN GROUP

Form 990 for tax year 2023

Filed by NORN GROUP.

Totals

Total revenue
$10,785,586
Total expenses
$9,755,285
Contributions and grants received
$9,854,135
Grants paid
$9,540,884
Program service revenue
$0
Investment income
$931,451
Other revenue
$0
Total assets, end of year
$7,514,601
Total liabilities, end of year
$5,038,530
Net assets or fund balances, end of year
$2,476,071
Program services expenses (Part IX)
$9,605,514
Management and general expenses
$149,771
Fundraising expenses
$0
Program service expenses (Part III)
$9,605,514

Program services were 98.5% 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

    $9,854,135

  • 3 · Investment income

    total $162,386 · excluded $162,386

  • 7a · Gross sales of assets other than inventory

    securities $16,765,851 · other assets $1,007,360

  • 7b · Less cost or other basis and sales expenses

    securities $16,714,586 · other assets $289,560

  • 7c · Gain or loss

    securities $51,265 · other assets $717,800

  • 7d · Net gain or loss

    total $769,065 · excluded $769,065

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $6,838,455 · program services $6,838,455

  • 3 · Grants to foreign organizations and individuals

    total $2,702,429 · program services $2,702,429

  • 5 · Compensation of officers, directors and key employees

    total $9,600 · management and general $9,600

  • 7 · Other salaries and wages

    total $68,506 · management and general $68,506

  • 10 · Payroll taxes

    total $9,690 · management and general $9,690

  • 11c · Fees: accounting

    total $15,000 · management and general $15,000

  • 11f · Fees: investment management

    total $9,057 · management and general $9,057

  • 11g · Fees: other

    total $91,919 · program services $64,630 · management and general $27,289

  • 13 · Office expenses

    total $775 · management and general $775

  • 14 · Information technology

    total $3,152 · management and general $3,152

  • 17 · Travel

    total $758 · management and general $758

  • 23 · Insurance

    total $4,641 · management and general $4,641

  • 24a · Other expenses: Licenses and Fees

    total $1,287 · management and general $1,287

  • 24b · Other expenses: Miscellaneous Expenses

    total $16 · management and general $16

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $45,218 · end of year $16,457

  • 2 · Savings and temporary cash investments

    end of year $93,965

  • 3 · Pledges and grants receivable

    beginning of year $165,000 · end of year $2,500,000

  • 12 · Investments: other securities

    beginning of year $717,442 · end of year $4,729,502

  • 15 · Other assets

    beginning of year $464,036 · end of year $174,677

  • 18 · Grants payable

    end of year $5,038,530

  • 27 · Net assets without donor restrictions

    beginning of year $1,391,696 · end of year -$23,929

  • 28 · Net assets with donor restrictions

    end of year $2,500,000

Mission and programs · 2023

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 $9,605,514 · Grants $9,540,884

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Martin Borch Jensen

    President

    Total calculated
    $9,600
    From this org
    $9,600
    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

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2023
Filed
14 April 2025
IRS schema version
2023v6.0
Source object
202531059349302333

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

The source document this was parsed from is served over the API, which is where bulk and document access live.