Nonpartisan civic infrastructure
AllCiv·Legis1
·

Norfolk Academy

Public charity990-T FY2023
DBA: % JEFFREY A MARTIN
Other · NORFOLK, VA · EIN 54-0551901

About

The 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 well-developed programs, not only in the academic disciplines, but also in FINE arts and athletics. We AIM to prepare students to become useful and responsible citizens of a democracy. We strive to make them aware of their roles in creating a just society. We are committed to the spiritual and ethical values of the judeo-christian heritage and envision that these will become a part of the being of each memeber of the norfolk academy community. Norfolk academy seeks to offer a coordinated program for students, building and expanding on knowledge and experience from grades one through twelve, encouraging responsible participation in a variety of school activities, providing opportunities for leadership training

In care of Jeffrey a Martin

Donations are tax-deductible
Category
Other
Employees
406
Volunteers
1,300

Financial Snapshot

FY ending 2024-06-30
Revenue
$36.5M
Expenses
$39.9M
Assets
$163.8M
Liabilities
$12.8M

Financial history

$39.9M$19.9M$0
161718192021222324
RevenueExpenses
Latest FY2024: $36.5M · Peak FY2016: $39.3M · Avg: $34.9M
NORFOLK ACADEMY
Your actions

Address

1585 Wesleyan DR
Norfolk, VA, 23502-551

Governance

Voting board members28
Independent members25
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardNo

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planYes
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %10.4%
Permanent endowment %67.1%
Endowment held by related orgNo
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.