Norfolk State University Research And Innovation Foundation
Norfolk, Virginia
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Above Average
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $6,046,806↑4% | $5,797,625↑7% | $25,804,421↑2% | |
| 2022 | $5,808,933↑4% | $5,408,267↑1% | $25,278,732↓2% | — |
| 2021 | $5,605,532↓2% | $5,347,288↑1% | $25,665,808↓2% | — |
| 2020 | $5,728,415↑1% | $5,268,378 | $26,293,705↓1% | — |
| 2019 | $5,676,477↓19% | $5,279,315 | $26,529,861 | — |
| 2018 | $6,972,370↑43% | $5,282,752↑2% | $26,547,593↑2% | — |
| 2017 | $4,875,903↓1% | $5,195,857↑1% | $26,114,491↓7% | — |
| 2016 | $4,903,049↑10% | $5,143,557↓4% | $28,004,278↓2% | — |
| 2015 | $4,437,691 | $5,334,548↑5% | $28,601,348↓5% | — |
| 2014 | $4,426,834↓4% | $5,057,393↑4% | $30,024,942↓3% | — |
| 2013 | $4,624,730 | $4,851,440↑1% | $31,009,868↓2% | — |
| 2012 | $4,641,075↓2% | $4,821,775↑3% | $31,592,721↓2% | — |
| 2011 | $4,744,091 | $4,698,410 | $32,366,403 | — |
Frequently Asked Questions
What does Norfolk State University Research And Innovation Foundation do?▼
Norfolk State University Research And Innovation Foundation is a community improvement & capacity building nonprofit organization based in Virginia. It is classified under NTEE code S43 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Norfolk State University Research And Innovation Foundation financially healthy?▼
Based on our 9-metric Financial Health Score model, Norfolk State University Research And Innovation Foundation has a score of 55/100 (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 Research And Innovation Foundation generate?▼
Norfolk State University Research And Innovation Foundation reports $6.2M in annual revenue and holds $27.2M in total assets, based on IRS filings.
Similar Organizations
Explore more organizations in the Community Improvement & Capacity Building category, or browse all nonprofits in Virginia.