Foundation For Norfolk Living
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 7 | 2,418 | −2,411 | 685.7 | — |
| 2015 | 343,390 | 1,692 | 341,698 | 3403.4 | 0% |
| 2016 | 358,458 | 40,420 | 318,038 | 236.9 | 18% |
| 2017 | 2,317,809 | 61,670 | 2,256,139 | 594.3 | 10% |
| 2018 | 767,310 | 151,993 | 615,317 | 289.7 | 2% |
| 2019 | 565,479 | 173,817 | 391,662 | 282.8 | 0% |
| 2020 | 96,992 | 171,086 | −74,094 | 282.1 | 0% |
| 2021 | 100,896 | 188,042 | −87,146 | 251.3 | 0% |
| 2022 | 515,543 | 194,681 | 320,862 | 262.5 | 0% |
| 2023 | 2,765,887 | 200,716 | 2,565,171 | 408.0 | 0% |
In its most recent public year (2023), this organization brought in $2,565,171 more than it spent. Its reserves stood at about 408 months of spending, down from 685.7 in 2014. Staff pay was 0% of spending. $2,990,000 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
Foundation For Norfolk Living'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