Norfolk Public Schools Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 68,891 | 83,492 | −14,601 | 154.2 | 31% |
| 2012 | 172,238 | 93,093 | 79,145 | 148.5 | 29% |
| 2013 | 988,364 | 118,115 | 870,249 | 205.5 | 24% |
| 2014 | 214,929 | 518,854 | −303,925 | 40.5 | 7% |
| 2015 | 253,644 | 326,273 | −72,629 | 60.3 | 14% |
| 2016 | 458,637 | 169,911 | 288,726 | 141.2 | 25% |
| 2017 | 547,746 | 371,017 | 176,729 | 78.2 | 12% |
| 2018 | 763,836 | 789,123 | −25,287 | 30.3 | 6% |
| 2019 | 522,596 | 375,531 | 147,065 | 78.6 | 13% |
| 2020 | 545,716 | 424,769 | 120,947 | 76.4 | 11% |
| 2021 | 598,481 | 283,380 | 315,101 | 136.3 | 15% |
| 2022 | 353,011 | 295,224 | 57,787 | 119.5 | 13% |
| 2023 | 565,623 | 333,306 | 232,317 | 124.8 | 11% |
In its most recent public year (2023), this organization brought in $232,317 more than it spent. Its reserves stood at about 124.8 months of spending, down from 154.2 in 2011. Staff pay was 11% of spending. $3,311,937 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
Norfolk Public Schools Foundation Inc'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