Overview

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Est.

1960

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

THE NORFOLK ACADEMY is an independent elementary and secondary education nonprofit focused on providing a coordinated program for students from grades one through twelve. In filing year 2025, it reported an operating budget of $40.3M and total revenue of $35.9M, with major support from SHEARWATER FOUNDATION INC, HAMPTON ROADS COMMUNITY FOUNDATION, and THE JOSHUA P & ELIZABETH D DARDEN FOUNDATION.

Mission Statement

NORFOLK ACADEMY SEEKS TO OFFER A COORDINATED PROGRAM FOR STUDENTS, BUILDING AND EXPANDING ON KNOWLEDGE AND EXPERIENCE FROM GRADES ONE THROUGH TWELVE.
Revenues
$36.5M
Expenses
$39.9M
Net Income:
-$3.3M
Assets
$163.8M
Liabilities
$12.8M
Net Assets:
+$151M
Operating Budget
$39.9M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
39
Median grant size
$10K
Largest grant received
$412.1K
L
Ld Britt
Board Member
R
Richard C Burroughs Jr
Board Member
R
Rhonda G Durham
Board Member
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  • 72 funders
  • 77 board & team members
  • 11 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is THE NORFOLK ACADEMY’s budget?
In 2024, THE NORFOLK ACADEMY reported an annual operating budget of around $39.9 million. More detailed financial information is available to registered users.
What causes does THE NORFOLK ACADEMY support?
THE NORFOLK ACADEMY supports work in Elementary and secondary education.
Where does THE NORFOLK ACADEMY operate?
THE NORFOLK ACADEMY is headquartered in NORFOLK, VA.
Who funded THE NORFOLK ACADEMY recently?
In 2025, THE NORFOLK ACADEMY received grants from RAYMOND JAMES CHARITABLE ENDOWMENT FUND, AMERICAN ONLINE GIVING FOUNDATION INC, and THE GOTTLIEB FAMILY FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant THE NORFOLK ACADEMY received in 2024?
The largest grant to THE NORFOLK ACADEMY in 2024 exceeds $412 thousand.