CSCharityScored
89

Hampton Roads Academy

Education · Newport News, Virginia

739 Academy Ln, Newport News, VA 23602-7092

EIN: 540659912· Founded: Feb 1961· 65 years active· Filing Year: 2023

Annual Revenue

$16.6M

Total Expenses

$14.3M

Total Assets

$24.4M

Program Spending

91%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$508K

3.6% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$7.1M

Total Payroll

$7.6M

53% of total expenses

Where the Money Goes

91%
Programs: 91%
Payroll: 53%
Other overhead: 9%
Program Revenue$13.0M (78%)
Total Expenses$14.3M (86%)
Payroll$7.6M (53%)
Overhead (non-program)9%

Trust Score Breakdown

Program Spending Ratio

91% of expenses go to programs

40%

Revenue & Stability

$16.6M annual revenue

15%

Executive Compensation

$508K total officer comp (3.6% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$24.4M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.