NORFOLK REAL DEAL

EIN: 541589802 501(c)(3) Youth Development

Norfolk, VA

Total Revenue
$26,400
Total Expenses
$11,900
Total Assets
$1,463
Net Assets
N/A
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
VA
Principal Officer
Walter H Green Jr
Phone
7573487976
Tax Period
2019-01-01 to 2019-12-31

NORFOLK REAL DEAL, founded in 1991, is a micro nonprofit in the Youth Development sector that reported $26K in total revenue in fiscal year 2019. Revenue decreased 10% compared to the prior year. The organization ran a surplus of $14K, a strong 55% operating margin.

Mission

Community Service Organization

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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 (2019)

Revenue Breakdown

Contributions & Grants $26,400
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $26,400

Expense Breakdown

Grants Paid $0
Salaries & Benefits $5,500
Fundraising Expenses $0
Program Expenses $11,900
Other Expenses $6,400
TOTAL EXPENSES $11,900

Year-over-Year Comparison

2019 2018 Change
Revenue $26,400 $29,300 -0.1%
Expenses $11,900 N/A N/A
Net Income $14,500 $29,300 -0.5%
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

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
3
Employees
26
Volunteers
4

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
4
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Walter H Green Jr President 10
Officer Director
$0 $0 $0
Joshua V Braswell Board member 1
Officer Director
$0 $0 $0
Samaiyah Islam Treasurer 1
Officer Director
$0 $0 $0
Lisa Carnes Secretary 1
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
2019 $26,400 $11,900 $1,463 $14,500
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