Nansemond-suffolk Educational Foundation is a 501(c)(3) organization based in Suffolk, Virginia, registered in 2015, with $202,272 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$202K
▼ 50.9% vs prior year
Education median: $200K
Expenses (FY2024)
$287K
Net assets
$57K
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 Nansemond-suffolk Educational Foundation— 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 Nansemond-suffolk Educational Foundation: 2 mo reserves · -42% margin earns a D 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 Nansemond-suffolk Educational Foundation— 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 Nansemond-suffolk Educational Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $0 (FY2013) to $202K (FY2024) across 10 reported years.
Financial snapshot
Operating margin
-41.7%
Spent more than it raised in the latest fiscal year.
Total assets
$57K
Total liabilities
$0
Net assets
$57K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $202,272▼50.9% | $286,700▼5.8% | $56,755▼59.8% | $56,755▼59.8% | 990 |
| 2023 | $411,975▲138% | $304,329▲56.7% | $141,183▲321% | $141,183▲321% | 990 |
| 2022 | $173,171▼6.6% | $194,192▲12.7% | $33,537▼38.5% | $33,537▼38.5% | 990EZ |
| 2021 | $185,504▼34.1% | $172,248▼31.3% | $54,558▲32.1% | $54,558▲32.1% | 990 |
| 2020 | $281,304▲33.9% | $250,826▲23.3% | $41,302▲282% | $41,302▲282% | 990 |
| 2019 | $210,093▲7.7% | $203,469▼20.1% | $10,824▲158% | $10,824▲158% | 990 |
| 2018 | $195,004▼32.3% | $254,785▲7.6% | $4,200▼93.4% | $4,200▼93.4% | 990EZ |
| 2017 | $288,092▲77.3% | $236,725▲55.3% | $63,981▲407% | $63,981▲407% | 990 |
| 2016 | $162,516 | $152,402 | $12,614 | $12,614 | 990EZ |
| 2013 | $0 | $0 | $0 | $0 | 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 Nansemond-suffolk Educational Foundation (EIN 47-2360748) 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.