CSCharityScored
52

Norfolk Festevents Ltd

Recreation & Sports · Norfolk, Virginia

120 W Main St, Norfolk, VA 23510-1609

EIN: 541118356· Founded: Sep 1984· 42 years active· Filing Year: 2023

Annual Revenue

$6.4M

Total Expenses

$5.2M

Total Assets

$5.8M

Program Spending

35%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$476K

9.2% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$976K

Total Payroll

$1.5M

28% of total expenses

Where the Money Goes

35%
Programs: 35%
Payroll: 28%
Other overhead: 65%
Program Revenue$1.8M (28%)
Total Expenses$5.2M (81%)
Payroll$1.5M (28%)
Overhead (non-program)65%

Trust Score Breakdown

Program Spending Ratio

35% of expenses go to programs

40%

Revenue & Stability

$6.4M annual revenue

15%

Executive Compensation

$476K total officer comp (9.2% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$5.8M in assets

10%

Similar Recreation & Sports Nonprofits in Virginia

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