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New York · Nonprofit

NORWICH BUILDING TOMORROW FOUNDATION INC

NORWICH BUILDING TOMORROW FOUNDATION INC (New York) receives grants from 5 organizations whose IRS filings report $2,202,550 to it, the largest being THE FREDERICK B AND RAMONA E MIRABITO FOUNDATION ($1,169,200). 2 of them have funded it in more than one year.

Revenue FY2024
$719k
Funders on record
5
Grants received
$2.2M
Net assets
$2.1M
2/5 repeat funderspeak grant-dependency 94%
01What it does

What Norwich Building Tomorrow Foundation Inc does

Mission

The corporation's purpose shall be to further the economic development of the norwich, ny community and environs, and it shall have authority to promote and assist the growth and development of economic concerns in the areas covered by their operations.

As stated on its FY2024 Form 990.

Program

  1. Provide and promote the growth and economic development of the community in the areas covered by its operations.

    $485,523 spentof which $485,523 as grants
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $485,523.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 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 = 20172017 Revenue 100 ($53k) Expenses 100 ($41k) Net assets 100 ($708k)2018 Revenue 143 ($76k) Expenses 14 ($6k) Net assets 105 ($747k)2019 Revenue 72 ($38k) Expenses 32 ($13k) Net assets 118 ($835k)2020 Revenue 18 ($10k) Expenses 37 ($15k) Net assets 124 ($878k)2021 Revenue 66 ($35k) Expenses 171 ($71k) Net assets 126 ($890k)2022 Revenue 1184 ($630k) Expenses 1296 ($533k) Net assets 126 ($891k)2023 Revenue 2320 ($1.2M) Expenses 829 ($341k) Net assets 262 ($1.9M)2024 Revenue 1349 ($719k) Expenses 1240 ($510k) Net assets 300 ($2.1M)
'17'18'19'20'21'22'23'24
Revenue (1349)Expenses (1240)Net assets (300)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $891k to $1.9M (+108%).

$708k
$747k
$835k
$878k
$890k
$891k
$1.9M
$2.1M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

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.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

93% of NORWICH BUILDING TOMORROW FOUNDATION INC’s revenue is contributions — more donation-reliant than the typical peer (62% for the typical peer).

This organization
Typical peer · 12,439 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.

$12k
’17
$70k
’18
$25k
’19
−$5k
’20
−$35k
’21
$97k
’22
$895k
’23
$209k
’24
35
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Martin Dietrich

Chair

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed66666666
Joined·+0+0+0+0+0+0+0
No longer listed·0000000
03Who funds it

Who funds it, year by year

2022 → 2023: the base broadened from 2 funders to 3 funders, grant income rose $178k → $1.2M.

From the IRS filings of NORWICH BUILDING TOMORROW FOUNDATION INC’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

NORWICH BUILDING TOMORROW FOUNDATION INC leans on a few funders — its largest provides 53% of grant income and the top three 97%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

53%
largest funder
97%
top three
~2
effective funders

Largest funder’s share by year: 2022 55% · 2023 50% — diversifying over time.

“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

100% of NORWICH BUILDING TOMORROW FOUNDATION INC's grant income comes from New York funders.

NY

In-state vs out-of-state, by year

’22
’23
New York out of state home

Funder states come from each funder’s own filing. 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.

04Its place in the field

Against its field

NORWICH BUILDING TOMORROW FOUNDATION INC runs a healthier operating margin than three-quarters of the 11,971 community improvement nonprofits its size.

Operating margin29% · top quartile
Months of reserve35.2mo · top quartile
Revenue growth (annualized)45% · top quartile

this organization peer median middle 50% of peers· 11,971 community improvement nonprofits $100k–$1M, FY2024

Organizations like NORWICH BUILDING TOMORROW FOUNDATION INC

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

In New York

Nationally

05Profile & governance

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

Where the money goes

95% of spending goes to programs.

Program 95%Management 5%Fundraising 0%

Governance

7
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990–Audited financials

Public support

97%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

NY

Screen this organization

A dated, signed PDF of the compliance screen for NORWICH BUILDING TOMORROW FOUNDATION INC: 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.

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

Questions and answers

Who funds NORWICH BUILDING TOMORROW FOUNDATION INC?
NORWICH BUILDING TOMORROW FOUNDATION INC (New York) receives grants from 5 organizations whose IRS filings report $2,202,550 to it, the largest being THE FREDERICK B AND RAMONA E MIRABITO FOUNDATION ($1,169,200). 2 of them have funded it in more than one year.
How many funders does NORWICH BUILDING TOMORROW FOUNDATION INC have?
IRS filings report 5 organizations giving $2,202,550 in grants to NORWICH BUILDING TOMORROW FOUNDATION INC, 2 of which have funded it in more than one year.
Who is the largest funder of NORWICH BUILDING TOMORROW FOUNDATION INC?
THE FREDERICK B AND RAMONA E MIRABITO FOUNDATION is the largest funder on record, with $1,169,200 in grants. The full list of funders is on this page.
How can an organization like NORWICH BUILDING TOMORROW FOUNDATION INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Norwich Building Tomorrow →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 5 funders 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 October 14, 2026. What this page cannot tell you · view filing