Nonprofit screen
Screen a listNorfolk State University Foundation Inc and Subsidiary
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS listing
- Listed
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$13Mrevenue
FY2024 · +39% in 3 yrs5staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpending
Against similar nonprofits FY2024
Operating margin47.2%
Months of reserve10.0mo
Revenue growth (annualized)+15.8%
Middle half of peersMedianNorfolk State University Foundation Inc and Subsidiary
Where the money goes FY2024 · $7.1M spent
Programs$6.0M84%Management and general$933k13%Fundraising$179k3%990 FY2024 · Part IX line 25
Worth checking1
A funder worth 11% of revenue stopped after FY2021
Jack Kent Cooke Foundation gave $1.0M in FY2021, 11% of revenue that year.
Funders’ 990-PF grant listsIn its favor2
Strong governance
18 of 20 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIGrowing faster than peers
Revenue up 16% a year since FY2017, in the top quarter of similar nonprofits.
990 Part I · peer cohort65funders
$15Ma year, last 3 years
92%from its largest funder
Funder’17’18’19’20’21’22’23United Negro College Fund IncStopped after FY2021$550k$300k$309k$200k$300k–Jack Kent Cooke FoundationOn and off$1.0MThe Bank of America Charitable Foundation IncEvery year since FY2017$5k$10k$10k$9k$101k$58k$4kThe Ernest M Hodge Foundation IncOn and off$31k$61k$31k$31k$31kVirginia African American Cultural Center IncSince FY2022$50k$100kUrban League of Hampton Roads IncNew in FY2023$83kDonor-advised giftsDonors not disclosed$83k$122k$123k$142k$40M$976k$923k33 other fundersUp to $2.0M a year each$21k$19k$18k$2.1M$53k$519k$196k
FundedThrough a donor-advised fundStopped