Norfolk Sports Club Scholarship Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 27,299 | 40,531 | −13,232 | 173.4 | 0% |
| 2012 | 23,615 | 30,803 | −7,188 | 241.1 | 0% |
| 2013 | 130,657 | 36,884 | 93,773 | 234.1 | 0% |
| 2014 | 73,857 | 33,110 | 40,747 | 274.4 | 0% |
| 2015 | 30,416 | 30,315 | 101 | 292.7 | 0% |
| 2016 | 43,238 | 26,125 | 17,113 | 350.2 | 0% |
| 2017 | 67,145 | 26,125 | 41,020 | 395.1 | 0% |
| 2023 | 70,911 | 39,384 | 31,527 | 298.8 | 0% |
In its most recent public year (2023), this organization brought in $31,527 more than it spent. Its reserves stood at about 298.8 months of spending, up from 173.4 in 2011. Staff pay was 0% of spending.
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 Sports Club Scholarship 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