CSCharityScored
75

Virginia Ship Repair Association Inc

Other · Norfolk, Virginia

101 W Main St Ste 5500, Norfolk, VA 23510-1600

EIN: 541275635· Founded: Mar 1985· 41 years active· Filing Year: 2023

Annual Revenue

$1.4M

Total Expenses

$1.3M

Total Assets

$2.0M

Program Spending

92%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$233K

17.5% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$354K

Total Payroll

$587K

44% of total expenses

Where the Money Goes

92%
Programs: 92%
Payroll: 44%
Other overhead: 8%
Program Revenue$1.2M (85%)
Total Expenses$1.3M (93%)
Payroll$587K (44%)
Overhead (non-program)8%

Trust Score Breakdown

Program Spending Ratio

92% of expenses go to programs

40%

Revenue & Stability

$1.4M annual revenue

15%

Executive Compensation

$233K total officer comp (17.5% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$2.0M 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.