Norfolk Christian Schools
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 7,666,519 | 7,744,620 | −78,101 | -0.6 | 47% |
| 2012 | 8,170,199 | 8,825,976 | −655,777 | -1.4 | 45% |
| 2013 | 9,248,253 | 8,512,024 | 736,229 | -0.5 | 49% |
| 2014 | 8,217,493 | 8,243,917 | −26,424 | -0.5 | 54% |
| 2015 | 9,094,237 | 8,401,828 | 692,409 | 0.5 | 51% |
| 2016 | 9,821,858 | 8,784,667 | 1,037,191 | 1.9 | 51% |
| 2017 | 10,306,566 | 10,000,556 | 306,010 | 2.1 | 47% |
| 2018 | 11,506,927 | 11,127,613 | 379,314 | 2.3 | 45% |
| 2019 | 11,499,625 | 11,266,133 | 233,492 | 2.5 | 47% |
| 2020 | 10,121,441 | 10,038,889 | 82,552 | 2.8 | 52% |
| 2021 | 10,608,860 | 9,313,280 | 1,295,580 | 5.0 | 53% |
| 2022 | 11,139,692 | 10,839,918 | 299,774 | 4.4 | 49% |
| 2023 | 13,687,819 | 11,700,177 | 1,987,642 | 6.1 | 50% |
In its most recent public year (2023), this organization brought in $1,987,642 more than it spent. Its reserves stood at about 6.1 months of spending, up from -0.6 in 2011. Staff pay was 50% of spending. $1,453,236 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 Christian Schools'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