Norfolk Academy
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
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $33,112,865↑4% | $37,141,903↑6% | $163,000,776↓1% | |
| 2022 | $31,774,205↑8% | $35,199,350↑2% | $165,285,906↓5% | — |
| 2021 | $29,402,812 | $34,445,206↑8% | $173,962,964↑18% | — |
| 2020 | $29,484,040↓8% | $31,826,486↓7% | $147,079,429↓4% | — |
| 2019 | $32,063,367↓10% | $34,187,902↑8% | $153,407,738↓3% | — |
| 2018 | $35,461,413↓2% | $31,534,161↑3% | $158,222,547↑10% | — |
| 2017 | $36,318,833↓8% | $30,492,017↑5% | $144,485,080↑17% | — |
| 2016 | $39,307,062↓6% | $29,072,890↑3% | $123,235,313↑6% | — |
| 2015 | $41,989,329↑51% | $28,315,371↓1% | $115,826,338↑16% | — |
| 2014 | $27,799,842↑6% | $28,484,043↑6% | $99,787,089↑8% | — |
| 2013 | $26,193,100↓4% | $26,768,718↑3% | $92,239,740↑3% | — |
| 2012 | $27,297,585↑9% | $26,020,820↑5% | $89,322,490 | — |
| 2011 | $25,003,081 | $24,802,175 | $89,261,924 | — |
Frequently Asked Questions
What does Norfolk Academy do?▼
Norfolk Academy is a education nonprofit organization based in Virginia. It is classified under NTEE code B200 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Norfolk Academy financially healthy?▼
Based on our 9-metric Financial Health Score model, Norfolk Academy has a score of 69/100 (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 Academy generate?▼
Norfolk Academy reports $36.5M in annual revenue and holds $163.8M in total assets, based on IRS filings.