Hampton Roads Utility & Heavy Contrtrs Assoc Mem Schlship Fndtn is a 501(c)(3) organization based in Suffolk, Virginia, registered in 1997, with $73,506 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$74K
▲ 192.4% vs prior year
Education median: $200K
Expenses (FY2024)
$20K
Net assets
$1.0M
Employees
—
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 Hampton Roads Utility & Heavy Contrtrs Assoc Mem Schlship Fndtn— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Hampton Roads Utility & Heavy Contrtrs Assoc Mem Schlship Fndtn: 617 mo reserves · +73% margin earns a B+ on this criterion. See the exact thresholds →
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 Hampton Roads Utility & Heavy Contrtrs Assoc Mem Schlship Fndtn— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Hampton Roads Utility & Heavy Contrtrs Assoc Mem Schlship Fndtn: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $954 (FY2010) to $74K (FY2024) across 9 reported years.
Financial snapshot
Operating margin
73.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.0M
Total liabilities
$0
Net assets
$1.0M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $73,506▲192% | $19,500▲32.4% | $1,002,932▲21.5% | $1,002,932▲21.5% | 990 |
| 2023 | $25,139▲31.5% | $14,725▼48.4% | $825,498▲22.1% | $825,498▲22.1% | 990 |
| 2022 | $19,114▼18.9% | $28,525▲185% | $676,255▼9.0% | $676,255▼9.0% | 990 |
| 2021 | $23,575▼42.8% | $10,000▲100% | $742,880▲21.6% | $742,880▲21.6% | 990 |
| 2020 | $41,215▲10.6% | $5,000▼47.4% | $610,677▲23.6% | $610,677▲23.6% | 990 |
| 2019 | $37,275▼65.1% | $9,500 | $493,880▲22.2% | $493,880▲22.2% | 990EZ |
| 2018 | $106,795▲251% | $9,500▲90.0% | $404,046▲10.4% | $404,046▲10.4% | 990EZ |
| 2017 | $30,386▲3085% | $5,000▼13.0% | $365,899▲148% | $365,899▲148% | 990EZ |
| 2010 | $954 | $5,750 | $147,697 | $147,697 | 990EZ |
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.
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Data for Hampton Roads Utility & Heavy Contrtrs Assoc Mem Schlship Fndtn (EIN 54-1798395) 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.