G — Diseases, Disorders & Medical DisciplinesEIN: 542036534· Ruling Year: 2001

Townebank Foundation

Suffolk, Virginia

A-Health Score
78A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

💰
$8.1M
Total Revenue
📊
$8.0M
Total Expenses
🏦
$17.1M
Net Assets
📋
$1
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-32.1%
Year-over-year change (2022 → 2023)
Net Margin
+0.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.12
Net assets divided by total expenses
Liabilities-to-Assets
0.0%
Total liabilities as % of total assets

Filing History

11 filings on record
YearRevenueExpensesAssets
2023$8,053,248↓32%$8,042,197↑15%$17,075,591
2022$11,867,265↑100%$6,976,850↑29%$17,064,540↑40%
2021$5,948,178↑42%$5,394,120↑26%$12,218,911↑351%
2020$4,188,957↓18%$4,271,485↓3%$2,708,089↓3%
2019$5,110,703↑65%$4,418,999↑57%$2,790,617↑58%
2016$3,098,296↑51%$2,810,218↑43%$1,768,415↑21%
2015$2,046,436↑8%$1,963,243↑22%$1,460,788↑9%
2014$1,893,917↑20%$1,603,172↓6%$1,339,829↑26%
2013$1,577,077↑30%$1,704,200↑54%$1,064,753↓8%
2012$1,214,817↑10%$1,105,897↓7%$1,157,385↑17%
2011$1,108,276$1,183,727$992,166

Frequently Asked Questions

What does Townebank Foundation do?▼

Townebank Foundation is a diseases, disorders & medical disciplines nonprofit organization based in Virginia. It is classified under NTEE code G12 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Townebank Foundation financially healthy?▼

Based on our 9-metric Financial Health Score model, Townebank Foundation has a score of 78/100 (Grade: A-). 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 Townebank Foundation generate?▼

Revenue data for Townebank Foundation is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.

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