The Norfolk Academy

Education organization based in Norfolk, VA. 406 employees. Exempt under §501(c)(3).

MissionTHE NORFOLK ACADEMY IS A COLLEGE PREPARATORY CO-EDUCATIONAL DAY SCHOOL THAT STRIVES TO ASSIST ITS STUDENTS TO DEVELOP MATURITY OF BODY, MIND, AND CHARACTER. WE HOPE TO ENGENDER AN AWARENESS AND APPRECIATION OF INTELLECTUAL, AESTHETIC, AND MORAL EXCELLENCE IN A SETTING THAT OFFERS

EIN
54-0551901
State
VA
Sector
Education
Budget band
$25M–$50M
Latest filing
TY 2023
Records
8 officers · 5 years

Financial snapshot · TY 2023

$36.5M
Total revenue
$39.9M
Total expenses
$163.8M
Net assets

Financial health · TY 2023

87
Strong financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
100
22.7 months of expenses
Program efficiency
80
82.1% spent on programs
Revenue diversity
72
Mix of program fees, grants & contributions

Leadership compensation

Dennis G Manning
HEADMASTER (FORMER)
$488,215
85th percentile vs. peers
Jeffrey a Martin
ASSISTANT HEAD OF SCHOOL
$366,735
85th percentile vs. peers
Travis Larrabee
HEAD OF SCHOOL
$279,302
85th percentile vs. peers
Grayson K Bryant
ASSISTANT HEAD OF SCHOOL
$267,564
85th percentile vs. peers
Linda Gorsline
ASSOCIATE HEAD OF SCHOOL
$218,933
85th percentile vs. peers

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The Norfolk Academy Executive Compensation | 990 Data | DoubleNine