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Colorado · Nonprofit

NORRIS PENROSE LEGACY FOUNDATION

NORRIS PENROSE LEGACY FOUNDATION (Colorado) receives grants from 4 organizations whose IRS filings report $23,200 to it, the largest being Communities Foundation of Texas Inc ($8,000). 0 of them have funded it in more than one year, and 57% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

$1.8M
Revenue FY2025
4
Funders on record
$23k
Grants received
$3.5M
Net assets
0/4 repeat funderspeak grant-dependency 13%

Against its field

NORRIS PENROSE LEGACY FOUNDATION is better cushioned than half of the 1,432 recreation & sports nonprofits its size.

Operating margin3% · below the median
Months of reserve7.2mo · above the median
Revenue growth (annualized)325% · outside the comparable range

this organization peer median middle 50% of peers· 1,432 recreation & sports nonprofits $1M–$10M, FY2025

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The organization over time

The organization over time

Each line starts at 100 in 2023, so what you read is the shape rather than the size: 150 means half as much again as 2023, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20232023 Revenue 100 ($100k) Expenses 100 ($83k) Net assets 100 ($22k)2024 Revenue 7892 ($7.9M) Expenses 6411 ($5.3M) Net assets 11953 ($2.6M)2025 Revenue 1803 ($1.8M) Expenses 2128 ($1.8M) Net assets 15648 ($3.5M)
202320242025
Revenue (1803)Expenses (2128)Net assets (15648)Peer revenue range

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2023
2024
2025
ContributionsProgram revenueInvestmentOther

8% of NORRIS PENROSE LEGACY FOUNDATION’s revenue is contributions — about as donation-reliant as the typical peer (13% for the typical peer).

This organization
Typical peer · 2,882 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 3 reported years ran a deficit.

$18k
23
$2.6M
24
$50k
25
7.2
months of
reserve
02Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

2 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF)57% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of NORRIS PENROSE LEGACY FOUNDATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

NORRIS PENROSE LEGACY FOUNDATION leans on a few funders — its largest provides 34% of grant income and the top three 78%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

57% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund NORRIS PENROSE LEGACY FOUNDATION.

34%
largest funder
78%
top three
~4
effective funders

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

57% of NORRIS PENROSE LEGACY FOUNDATION's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $10k that is directly attributable, 100% of it comes from Colorado funders.

CO

Funder states come from each funder’s own filing. $13k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first. Your 4 funders put you under-funded among the 271 organizations that share them.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Organizations like NORRIS PENROSE LEGACY FOUNDATION

Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Colorado

Nationally

04Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

27% of spending goes to programs.

Program 27%Management 73%Fundraising 0%

Governance

17
board members
100%
independent
Conflict-of-interest policyWhistleblower policyDocument retentionBoard reviewed the 990Audited financials

Footprint & structure

Part of a family of 2 related entities

  • Norris Penrose Equestrian Center LLC · disregarded
  • Pikes Peak or Bust Rodeo Foundation · exempt

Screen this organization

A dated, signed PDF of the compliance screen for NORRIS PENROSE LEGACY FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds NORRIS PENROSE LEGACY FOUNDATION?
NORRIS PENROSE LEGACY FOUNDATION (Colorado) receives grants from 4 organizations whose IRS filings report $23,200 to it, the largest being Communities Foundation of Texas Inc ($8,000). 0 of them have funded it in more than one year, and 57% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does NORRIS PENROSE LEGACY FOUNDATION have?
IRS filings report 4 organizations giving $23,200 in grants to NORRIS PENROSE LEGACY FOUNDATION.
Who is the largest funder of NORRIS PENROSE LEGACY FOUNDATION?
Communities Foundation of Texas Inc is the largest funder on record, with $8,000 in grants. The full list of funders is on this page.
How can an organization like NORRIS PENROSE LEGACY FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Colorado. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2023–2025), and the filings of 4funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported August 27, 2026. What this page cannot tell you · view filing