Hampton Roads Economic Development Alliance
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 | $3,575,930↓8% | $4,145,174↑18% | $4,121,084↓8% | — |
| 2022 | $3,867,938↓4% | $3,508,588↓2% | $4,472,009↑8% | — |
| 2021 | $4,031,039↑8% | $3,575,161↑24% | $4,122,075↑12% | — |
| 2020 | $3,715,361↑38% | $2,892,250↑23% | $3,666,457↑27% | — |
| 2019 | $2,688,093↑28% | $2,350,165↑2% | $2,882,254↑17% | — |
| 2018 | $2,106,622↓8% | $2,312,645↓11% | $2,464,385↓10% | — |
| 2017 | $2,281,196↑4% | $2,604,285↑16% | $2,742,133↓9% | — |
| 2016 | $2,197,361↓4% | $2,249,625↓3% | $3,020,381↓5% | — |
| 2015 | $2,287,941↓10% | $2,312,275↓1% | $3,183,132 | — |
| 2014 | $2,538,385↓2% | $2,325,426↓2% | $3,175,209↑2% | — |
| 2013 | $2,584,541↓1% | $2,383,115↓9% | $3,119,379↑13% | — |
| 2012 | $2,602,563 | $2,613,178↓7% | $2,761,589↓3% | — |
| 2011 | $2,600,113 | $2,800,920 | $2,846,253 | — |
Frequently Asked Questions
What does Hampton Roads Economic Development Alliance do?▼
Hampton Roads Economic Development Alliance is a community improvement & capacity building nonprofit organization based in Virginia. It is classified under NTEE code S30 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Hampton Roads Economic Development Alliance financially healthy?▼
Based on our 9-metric Financial Health Score model, Hampton Roads Economic Development Alliance has a score of 59/100 (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 Hampton Roads Economic Development Alliance generate?▼
Hampton Roads Economic Development Alliance reports $4.1M in annual revenue and holds $4.2M in total assets, based on IRS filings.
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