RONALD MCDONALD HOUSE CHARITIES OF NORFOLK VIRGINIA INC

EIN: 541139497 501(c)(3) Health Care

NORFOLK, VA

Total Revenue
$869,259
Total Expenses
$707,221
Total Assets
$6,860,380
Net Assets
$6,844,451
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1981
Legal Domicile
VA
Principal Officer
THERESA ROHM
Phone
7576275386
Tax Period
2023-01-01 to 2023-12-31

RONALD MCDONALD HOUSE CHARITIES OF NORFOLK VIRGINIA INC, founded in 1981, is a small nonprofit in the Health Care sector that reported $725K in total revenue in fiscal year 2018. Revenue fell 46% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $113K, a strong 16% operating margin.

Mission

PROVIDES A "HOME AWAY FROM HOME" FOR FAMILIES WITH CHILDREN FACING MEDICAL CHALLANGES AND SUPPORTS PROGRAMS THAT DIRECTLY IMPROVE THE HEALTH AND WELL BEING OF CHILDREN.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $565,598
Program Service Revenue $2,121
Investment Income $229,069
Other Revenue $72,471
TOTAL REVENUE $869,259

Expense Breakdown

Grants Paid $0
Salaries & Benefits $343,301
Fundraising Expenses $86,132
Program Expenses $585,993
Other Expenses $321,712
TOTAL EXPENSES $707,221

Year-over-Year Comparison

2023 2022 Change
Revenue $869,259 $643,243 +0.4%
Expenses $707,221 $624,876 +0.1%
Net Income $162,038 $18,367 +7.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
18
Independent Members
17
Employees
11
Volunteers
1786

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$98,007
Total Directors
19
$98,007
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
FRED HUGHES PRESIDENT 1.00
Officer Director
$0 $0 $0
THERESA ROHM TREASURER 1.00
Officer Director
$0 $0 $0
TAMARA POULSON VICE-PRESIDE 1.00
Officer Director
$0 $0 $0
CHAD DILLARD SECRETARY 1.00
Officer Director
$0 $0 $0
KAMIL CAK MEMBER 1.00
Director
$0 $0 $0
CHUCK DELOATCH MEMBER 1.00
Director
$0 $0 $0
GIUSEPPE GIAIMO MEMBER 1.00
Director
$0 $0 $0
AMBER GWALTNEY MEMBER 1.00
Director
$0 $0 $0
PATRICK JONES MEMBER 1.00
Director
$0 $0 $0
KELLY NUSBAUM MEMBER 1.00
Director
$0 $0 $0
FRANK REYNOLDS MEMBER 1.00
Director
$0 $0 $0
BOBBY SIVERD MEMBER 1.00
Director
$0 $0 $0
LAKISHA TREASURE MEMBER 1.00
Director
$0 $0 $0
ANNEMIJN VAN DER BIJL MEMBER 1.00
Director
$0 $0 $0
JIM WHEELER MEMBER 1.00
Director
$0 $0 $0
LESLIE WHEELER MEMBER 1.00
Director
$0 $0 $0
CHRIS WILLETTS MEMBER 1.00
Director
$0 $0 $0
GWALTNEY WRIGHT MEMBER 1.00
Director
$0 $0 $0
ELYSE BROWN EXECUTIVE DI 40.00
Officer Director
$98,007 $0 $98,007
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $869,259 $707,221 $6,860,380 $162,038
2022 $643,243 $624,876 $6,110,116 $18,367
2021 $782,221 $570,892 $6,966,161 $211,329
2020 $748,769 $552,602 $6,168,411 $196,167
2019 $724,442 $616,440 $5,494,910 $108,002
2018 $725,449 $612,655 $4,915,480 $112,794
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