NEWPORT NEWS, VA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)NEWPORT NEWS EDUCATIONAL FOUNDATION, founded in 2002, is a micro nonprofit in the Education sector that reported $37K in total revenue in fiscal year 2023. Revenue fell 34% from the prior year — a significant decline worth monitoring. Expenses of $47K exceeded revenue, resulting in a 26% operating deficit.
THE FOUNDATION'S MISSION IS TO SUPPORT THE NEWPORT NEWS SCHOOL BOARD AND THE NEWPORT NEWS PUBLIC SCHOOL DIVISION IN THEIR EFFORTS TO PREPARE STUDENTS TO ENTER THE WORLD OF WORK WITH THE SKILLS AND KNOWLEDGE THAT WILL ENABLE THEM TO COMPETE SUCCESSFULLY IN THEIR CHOSEN EDUCATIONAL, CAREER AND LIFE ENDEAVORS. THE FOUNDATION IS ESTABLISHED FOR THE EXPRESS PURPOSE OF IMPLEMENTING A PUBLIC/PRIVATE PARTNERSHIP TO IMPLEMENT PUBLIC SCHOOL IMPROVEMENT PROJECTS APPROVED BY THE LOCAL SCHOOL BOARD.
THE WAYNE D. LETT SCHOLARSHIP PROGRAM IS A MERIT-BASED AWARD TO A NEWPORT NEWS SCHOOL SENIOR WHO PLANS TO BECOME A PUBLIC SCHOOL TEACHER. THE PROGRAM IS ADMINISTERED BY THE FOUNDATION AS A TRIBUTE TO...
THE WAYNE D. LETT SCHOLARSHIP PROGRAM IS A MERIT-BASED AWARD TO A NEWPORT NEWS SCHOOL SENIOR WHO PLANS TO BECOME A PUBLIC SCHOOL TEACHER. THE PROGRAM IS ADMINISTERED BY THE FOUNDATION AS A TRIBUTE TO WAYNE D. LETT, A FORMER SUPERINTENDENT OF THE NNPS. THE RECIPIENT MUST COMMIT TO TEACH IN NEWPORT NEWS FOR THREE CONSECUTIVE YEARS AFTER GRADUATION.
THE FOUNDATION OFFERS CLASSROOM MINI-GRANTS OF $50 - $500 FOR NEWPORT NEWS PUBLIC SCHOOL TEACHERS. MINI-GRANTS PROVIDE SEED MONEY FOR INNOVATIVE CLASSROOM INITIATIVES THAT ENRICH THE EDUCATIONAL...
THE FOUNDATION OFFERS CLASSROOM MINI-GRANTS OF $50 - $500 FOR NEWPORT NEWS PUBLIC SCHOOL TEACHERS. MINI-GRANTS PROVIDE SEED MONEY FOR INNOVATIVE CLASSROOM INITIATIVES THAT ENRICH THE EDUCATIONAL EXPERIENCE FOR STUDENTS. DURING FISCAL YEAR 2024, THE FOUNDATION ALSO SPONSORED THE ALL CITY BAND EXPO.
SALUTE TO SUCCESS - THE FOUNDATION HONORS AND CELEBRATES THE RESILIENCE AND PERSERVERANCE OF NNPS TOP STUDENTS WHO HAVE MADE EXTRAORDINARY ACCOMPLISHMENTS TOWARDS THE GOALS OF BECOMING COLLEGE...
SALUTE TO SUCCESS - THE FOUNDATION HONORS AND CELEBRATES THE RESILIENCE AND PERSERVERANCE OF NNPS TOP STUDENTS WHO HAVE MADE EXTRAORDINARY ACCOMPLISHMENTS TOWARDS THE GOALS OF BECOMING COLLEGE, CAREER AND CITIZEN READY
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $37,188 | $56,337 | -0.3% |
| Expenses | $46,881 | $40,086 | +0.2% |
| Net Income | $-9,693 | $16,251 | -1.6% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| DR NICOLE GUAJARDO | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| SHARON MARTIN | PRESIDENT ELECT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| RHONDA BELL | VICE PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| HUGH BARLOW | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| SYLVIA WEINSTEIN CRAFT | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DR MICHELLE MITCHELL | SUPERINTENDENT OF SCHOOLS | 1.00 |
Director
|
$0 | $0 | $0 |
| TAYLOR BIGLEY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| RICK BRANDT | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| SHARON CONTI | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ROBERT CRINER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KYLE DEGOOD | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KELLY FISCHER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JANET GLASOFER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| SABRINA JONES | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL LEECH | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DR GUY LEVY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DR KELLIE MASON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JESSIE MCDOUGAL | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| BOB MCKENNA | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHN MCMILLAN JR | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DR ROBIN NELHUEBEL | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHELE NORDEEN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ELIZABETH PARKER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DR KERRY RAGNO | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| SABRINA RICHARDSON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DARLENE STEPHENSON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DENISE VAUGHAN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MACON WHITSON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DR DEBORAH WRIGHT | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MRYA LEGGTHRU FEBRUARY 2024 | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$0 | $0 | $0 |
| DALE MINGILTON | FOUNDATION AND CORPORATE PARTNER LIAISON | 32.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $37,188 | $46,881 | $210,147 | $-9,693 |
| 2023 | $56,337 | $40,086 | $219,840 | $16,251 |
| 2022 | $99,106 | $255,081 | $203,589 | $-155,975 |
| 2021 | $148,425 | $40,049 | $359,564 | $108,376 |
| 2020 | $198,350 | $10,910 | $251,188 | $187,440 |
Compare NEWPORT NEWS EDUCATIONAL FOUNDATION with other nonprofits in Virginia and across the country.