Norfolk Alumni Chapter Incorporated Of Norfolk State University
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 14,728 | 5,946 | 8,782 | 33.9 | — |
| 2020 | 23,509 | 14,937 | 8,572 | 20.4 | — |
| 2021 | 8,330 | 28,765 | −20,435 | 2.1 | — |
| 2022 | 10,046 | 7,759 | 2,287 | 11.2 | — |
| 2023 | 10,654 | 11,771 | −1,117 | 6.2 | — |
| 2024 | 12,103 | 9,775 | 2,328 | 10.4 | — |
In its most recent public year (2024), this organization brought in $2,328 more than it spent. Its reserves stood at about 10.4 months of spending, down from 33.9 in 2019.
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 2024. 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works