SUFFOLK, VA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)NANSEMOND SUFFOLK ACADEMY ASSOCIATION INC, founded in 1966, is a mid-sized nonprofit in the Education sector that reported $24.3M in total revenue in fiscal year 2024. Revenue surged 24% from the prior year, signaling strong growth momentum. The organization ran a surplus of $4.2M, a strong 17% operating margin.
NANSEMOND-SUFFOLK ACADEMY BELIEVES THE GOAL OF EDUCATION IS TO CULTIVATE HONORABLE, WELL-INFORMED, RESPONSIBLE, AND COMPASSIONATE PERSONS WHO THINK AND ACT CONSTRUCTIVELY IN A COMPLEX INTERNATIONAL ENVIRONMENT. THE ACADEMY PROVIDES AN EDUCATIONAL ENVIRONMENT THAT IS ACADEMICALLY RIGOROUS AND DRIVEN BY INTELLECTUAL CURIOSITY; THAT CULTIVATES AMONG ITS MEMBERS SOCIAL AWARENESS AND THE VIRTUES OF HONOR, RESPONSIBILITY, RESPECT AND COMPASSIONS; THAT FOSTERS A LIFELONG COMMITMENT TO LEARNING AND SERVICE AND THAT INSTILLS A SENSE OF PRIDE IN INDIVIDUAL AND GROUP ACCOMPLISHMENT. THE ULTIMATE GOAL IS FOR EACH STUDENT TO REACH HIS OR HER POTENTIAL: ACADEMICALLY, PHYSICALLY, EMOTIONALLY, SOCIALLY, MORALLY, AND CREATIVELY.
INSTRUCTIONAL: FUNDS WERE USED TO PROVIDE COMPREHENSIVE EDUCATIONAL PROGRAMS TO APPROXIMATELY 885 STUDENTS IN GRADES PRE-KINDERGARTEN TO 12.
AUXILIARY SERVICES: FUNDS WERE USED TO PROVIDE FOOD, CAMPUS STORE, AND TRANSPORTATION TO STUDENTS IN GRADES PRE-KINDERGARTEN TO 12.
OTHER PROGRAMS: FUNDS WERE USED TO PROVIDE SPECIAL PROGRAMS SUCH AS EXTENDED DAY CARE, SUMMER PROGRAMS, AND EDUCATIONAL RESOURCES TO STUDENTS IN GRADES PRE-KINDERGARTEN TO 12.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $24,299,335 | $19,614,985 | +0.2% |
| Expenses | $20,071,487 | $19,444,524 | +0.0% |
| Net Income | $4,227,848 | $170,461 | +23.8% |
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 |
|---|---|---|---|---|---|---|
| LATRICE BASDEN-CLARKE | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| LEARLINO BLUITT | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| ANDREW L BOLLING | TREASURER, FINANCE & AUDIT COMM CHAIR | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| WILLIAM BROTHERS | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JAMES M COX | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| HARRY CROSS IV | ADVANCEMENT COMM CHAIR | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| TIM CULPEPPER | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| BETH DEFEO | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| DR JAMES E HAMMOND | GOVERNANCE COMM CHAIR | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| J CARNEY HAWKS | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| CHARLES BENJAMIN JOHNSON | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| W ASHTON LEWIS JR | VICE CHAIR, INCLUSIVITY & MC COMM CHAIR | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| DR ANITHA MALAISAMY | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| RYAN NELMS | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JEANETTE L OJEDA | SECRETARY | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| ANDREW RIVENBANK | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| ROY RUNYON III | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| MATTHEW W SAWYER | BUILDINGS & GROUNDS COMM CHAIR | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| JULIA L SLATTERY | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| VERNON M TOWLER | CHAIRMAN | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| WILLIAM MATTHEW TUTTLE | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL BARCLAY | HEAD OF SCHOOL | 50.00 |
Officer
|
$262,521 | $38,187 | $300,708 |
| ANGELA THOMPSON | DIRECTOR OF FIN & ACCT | 50.00 |
Officer
|
$117,231 | $33,784 | $151,015 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $24,299,335 | $20,071,487 | $24,458,721 | $4,227,848 |
| 2024 | $19,614,985 | $19,444,524 | $20,314,583 | $170,461 |
| 2023 | $18,442,964 | $18,913,922 | $19,651,554 | $-470,958 |
| 2022 | $17,664,822 | $16,960,538 | $19,895,333 | $704,284 |
| 2021 | $16,951,472 | $15,252,404 | $20,125,407 | $1,699,068 |
| 2020 | $16,070,539 | $16,129,438 | $19,879,912 | $-58,899 |
| 2019 | $15,380,039 | $15,667,155 | $18,818,215 | $-287,116 |
| 2018 | $14,704,559 | $15,131,110 | $18,807,948 | $-426,551 |
Compare NANSEMOND SUFFOLK ACADEMY ASSOCIATION INC with other nonprofits in Virginia and across the country.