Hampton Roads Workforce Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 90,871 | 107,459 | −16,588 | 2.6 | — |
| 2018 | 528,200 | 261,582 | 266,618 | 13.3 | 0% |
| 2019 | 591,662 | 601,021 | −9,359 | 5.6 | 0% |
| 2020 | 876,348 | 836,513 | 39,835 | 4.6 | 0% |
| 2021 | 614,635 | 591,873 | 22,762 | 7.0 | 0% |
| 2022 | 1,519,079 | 1,686,207 | −167,128 | 1.3 | 0% |
| 2023 | 1,274,585 | 1,107,685 | 166,900 | 3.7 | 0% |
In its most recent public year (2023), this organization brought in $166,900 more than it spent. Its reserves stood at about 3.7 months of spending, up from 2.6 in 2017. Staff pay was 0% of spending. $266,551 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Hampton Roads Workforce Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works