Fort Norfolk Retirement Community Inc
Norfolk, Virginia
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Below Average
How This Organization Compares
Compared to 15 peers in Human Services with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $36,023,542↑16% | $42,791,807↑4% | $282,393,903↑1% | — |
| 2022 | $31,116,999↑11% | $41,173,772↑46% | $279,813,549↓15% | — |
| 2021 | $28,057,422↑27% | $28,251,964↑20% | $328,616,992↑42% | — |
| 2020 | $22,131,656↓6% | $23,546,952↑1% | $230,622,464↑3% | — |
| 2019 | $23,514,304↑2% | $23,200,694↑6% | $223,625,591↑86% | — |
| 2018 | $23,070,628↑5% | $21,876,470↑3% | $119,910,552↑7% | — |
| 2017 | $22,035,840↑13% | $21,193,290↑7% | $111,903,824↑7% | — |
| 2016 | $19,506,093↑3% | $19,727,677↓3% | $104,985,549↓1% | — |
| 2015 | $18,902,684↓2% | $20,420,860↑5% | $106,272,013↑5% | — |
| 2014 | $19,303,378↓3% | $19,413,038↓3% | $101,092,830↓2% | — |
| 2013 | $19,807,527↑10% | $19,991,989↑3% | $103,360,613↓3% | — |
| 2012 | $17,996,980↑6% | $19,463,804↑3% | $106,564,416↓2% | — |
| 2011 | $16,903,209 | $18,890,493 | $108,327,701 | — |
Frequently Asked Questions
What does Fort Norfolk Retirement Community Inc do?▼
Fort Norfolk Retirement Community Inc is a human services nonprofit organization based in Virginia. It is classified under NTEE code P75 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Fort Norfolk Retirement Community Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Fort Norfolk Retirement Community Inc has a score of 41/100 (Grade: C). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Fort Norfolk Retirement Community Inc generate?▼
Fort Norfolk Retirement Community Inc reports $39.5M in annual revenue and holds $273.8M in total assets, based on IRS filings.
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