Norfolk Convention & Visitors Bureau Inc
Norfolk, Virginia
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $5,479,312↓4% | $5,597,892↑7% | $2,595,563↓4% | |
| 2022 | $5,731,785↑29% | $5,248,816↑29% | $2,693,270↓10% | — |
| 2021 | $4,428,367↑2% | $4,083,259↓18% | $2,993,697↑43% | — |
| 2020 | $4,339,716↓12% | $4,970,063↑11% | $2,093,364↓11% | — |
| 2019 | $4,953,304↓1% | $4,493,841↓13% | $2,351,127↑26% | — |
| 2018 | $4,997,992↑2% | $5,175,910↑11% | $1,870,355↓16% | — |
| 2017 | $4,881,810↑1% | $4,648,589↓2% | $2,226,316↑7% | — |
| 2016 | $4,824,678 | $4,722,325↑3% | $2,082,294↑13% | — |
| 2015 | $4,816,767↑1% | $4,591,393↓5% | $1,840,880↑6% | — |
| 2014 | $4,763,993↓1% | $4,852,601 | $1,737,028↑6% | — |
| 2013 | $4,819,020↓4% | $4,867,105↓1% | $1,632,579↓14% | — |
| 2012 | $5,033,872↑4% | $4,910,523↑2% | $1,903,790↑9% | — |
| 2011 | $4,844,938 | $4,823,747 | $1,746,878 | — |
Frequently Asked Questions
What does Norfolk Convention & Visitors Bureau Inc do?▼
Norfolk Convention & Visitors Bureau Inc is a community improvement & capacity building nonprofit organization based in Virginia. It is classified under NTEE code S41 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Norfolk Convention & Visitors Bureau Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Norfolk Convention & Visitors Bureau Inc has a score of 73/100 (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 Convention & Visitors Bureau Inc generate?▼
Norfolk Convention & Visitors Bureau Inc reports $5.4M in annual revenue and holds $2.6M in total assets, based on IRS filings.
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