RYAN ACADEMY OF NORFOLK VA

EIN: 541503239 501(c)(3) Education

Norfolk, VA

Total Revenue
$410,852
Total Expenses
$400,569
Total Assets
$55,948
Net Assets
$55,948
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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1950
Legal Domicile
VA
Phone
7572856238
Tax Period
2024-07-01 to 2025-06-30

RYAN ACADEMY OF NORFOLK VA, founded in 1950, is a small nonprofit in the Education sector that reported $311K in total revenue in fiscal year 2019. Revenue surged 30% from the prior year, signaling strong growth momentum. Expenses of $274K left a modest 12% surplus.

Mission

PROVIDE QUALITY EDUCATION TO GRADES 1-12

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $410,852
Investment Income $0
Other Revenue $0
TOTAL REVENUE $410,852

Expense Breakdown

Grants Paid $0
Salaries & Benefits $308,167
Fundraising Expenses $0
Program Expenses $389,376
Other Expenses $92,402
TOTAL EXPENSES $400,569

Year-over-Year Comparison

2024 2023 Change
Revenue $410,852 $373,604 +0.1%
Expenses $400,569 $367,283 +0.1%
Net Income $10,283 $6,321 +0.6%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

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

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Governance

Voting Members
1
Independent Members
1
Employees
15
Volunteers
N/A

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
1
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARTHA KARAGEORGE PRESIDENT 4.00
Officer Director
$0 $0 $0
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
2025 $410,852 $400,569 $55,948 $10,283
2024 No data No data No data No data
2023 $346,840 $334,957 $39,344 $11,883
2022 $342,202 $341,199 $27,461 $1,003
2021 $335,502 $339,537 $28,493 $-4,035
2020 $311,200 $274,187 $36,063 $37,013
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