Norfolk State University Foundation Inc
Norfolk, Virginia
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
How This Organization Compares
Compared to 73 peers in Education with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
14 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $7,829,626↓13% | $6,593,800↑64% | $109,807,709↑12% | — |
| 2022 | $8,996,683↓7% | $4,031,735↑10% | $98,346,627↓6% | — |
| 2021 | $9,651,381↓79% | $3,680,399↑22% | $104,193,941↑19% | — |
| 2020 | $46,443,476↑967% | $3,017,960↓25% | $87,786,511↑114% | — |
| 2019 | $4,354,230↓17% | $4,031,751↑32% | $41,024,994↑17% | — |
| 2018 | $5,215,617↑9% | $3,050,775↓11% | $34,944,696↑1% | — |
| 2017 | $4,800,095↑76% | $3,415,140↑16% | $34,699,628↑16% | — |
| 2016 | $2,728,719↓7% | $2,939,905↓1% | $29,868,998↑4% | — |
| 2015 | $2,941,989↑57% | $2,957,649↑153% | $28,834,196↓2% | — |
| 2014 | $1,875,068↓14% | $1,167,674↓43% | $29,456,648↑4% | — |
| 2014 | $2,170,278↑1% | $2,047,949↓21% | $28,320,598↑15% | — |
| 2013 | $2,151,231↑23% | $2,576,292↑27% | $24,645,183↑9% | — |
| 2012 | $1,754,672↓17% | $2,027,226↓19% | $22,687,650↓2% | — |
| 2011 | $2,118,703 | $2,491,090 | $23,107,066 | — |
Frequently Asked Questions
What does Norfolk State University Foundation Inc do?▼
Norfolk State University Foundation Inc is a education nonprofit organization based in Virginia. It is classified under NTEE code B43I and is registered as a 501(c) tax-exempt organization with the IRS.
Is Norfolk State University Foundation Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Norfolk State University Foundation Inc has a score of 68/100 (Grade: B+). 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 Norfolk State University Foundation Inc generate?▼
Norfolk State University Foundation Inc reports $13.4M in annual revenue and holds $121.1M in total assets, based on IRS filings.