Capital Centers of Virginia
Only null% goes to programs Strong reserves Growing revenue
Capital Centers of Virginia is a 501(c)(3) organization based in Norfolk, Virginia, registered in 2008, with $1,664,451 in FY2023 revenue. CharityIndex grades it B.
2200 Colonial Ave Ste 9, Norfolk, VA, 23517 EIN 02-0805467 Since 2008
Revenue (FY2023)
$1.7M
▲ 14.4% vs prior year
Human Services median: $293K
Expenses (FY2023)
$1.1M
Net assets
$2.1M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Capital Centers of Virginia— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating22 mo reserves · +31% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Capital Centers of Virginia: 22 mo reserves · +31% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Capital Centers of Virginia— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Capital Centers of Virginia: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 2200 Colonial Ave Ste 9, Norfolk, VA, 23517
- City
- Norfolk
- State
- Virginia
- Category
- Human Services
- Subcategory
- Emergency Assistance
- Website
- …
Financial trends
Revenue grew from $220K (FY2013) to $1.7M (FY2023) across 10 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $0Net assets $2.1M
Operating margin
31.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.1M
Total liabilities
$0
Net assets
$2.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $1,664,451▲14.4% | $1,145,647▲3.0% | $2,116,365▲41.7% | $2,116,365▲41.7% | 990 |
| 2022 | $1,455,302▼6.2% | $1,112,302▲43.5% | $1,493,193▲29.8% | $1,493,193▲25.0% | 990 |
| 2021 | $1,551,834▲139% | $775,039▲69.0% | $1,149,940▲211% | $1,194,864▲198% | 990 |
| 2020 | $650,075▼16.2% | $458,618▲7.8% | $370,143▼9.7% | $401,023▼2.1% | 990 |
| 2019 | $775,864▲329% | $425,319▲137% | $409,794▲592% | $409,794▲592% | 990 |
| 2018 | $180,723▼34.5% | $179,393▼28.8% | $59,249▲2.3% | $59,249▲2.3% | 990 |
| 2017 | $275,958▲32.9% | $251,948▲37.5% | $57,919▲64.2% | $57,919▲64.2% | 990 |
| 2016 | $207,721▲42.7% | $183,280▲27.4% | $35,271▲79.6% | $35,271▲79.6% | 990 |
| 2014 | $145,527▼33.7% | $143,898▼34.3% | $19,636▲9.0% | $19,636▲9.0% | 990 |
| 2013 | $219,613 | $218,991 | $18,007 | $18,007 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $394K total
7 grants to Capital Centers of Virginia totaling $394K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The Community Foundation Inc | Health and wellness | 2024 | $55,000 |
| The Pauley Family Foundation | General operations in the richmond region | 2024 | $25,000 |
| The Community Foundation Inc | Health and wellness | 2023 | $63,484 |
| The Pauley Family Foundation | General operating funds to support infant and maternal mortality in black community | 2023 | $25,000 |
| The Community Foundation Inc | Health and wellness | 2022 | $90,100 |
| The Community Foundation Inc | General purposes | 2021 | $50,000 |
| The Community Foundation Inc | Delivery and distribution costs for wholesale diaper donations distributed to low-income residents in the region, including at richmond public schools food sites; to increase capacity for diaper/wipes distribution through richmond public schools. this grant was made in partnership with the central virginia covid-19 response fund; to support diapers to households in the richmond area who qualify as crisis cases; general operating support | 2020 | $85,000 |
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Frequently asked questions
- Is Capital Centers of Virginia a legitimate nonprofit?
- Yes. Capital Centers of Virginia is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 02-0805467, based in Norfolk, Virginia. Donations are tax-deductible.
- What is Capital Centers of Virginia's EIN?
- Capital Centers of Virginia's Employer Identification Number (EIN) is 02-0805467.
- How much revenue does Capital Centers of Virginia report?
- Capital Centers of Virginia reported $1,664,451 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Capital Centers of Virginia have?
- CharityIndex grades Capital Centers of Virginia B, based on financial health (reserves and operating margin).
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Data for Capital Centers of Virginia (EIN 02-0805467) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.