NORFOLK COMMUNITY COLLEGE CAMPUS CORP

EIN: 541667483 501(c)(3)

NORFOLK, VA

Total Revenue
N/A
Total Expenses
$546
Total Assets
N/A
Net Assets
N/A
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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
1993
Legal Domicile
VA
Principal Officer
RON JACKSON
Phone
7576231111
Tax Period
2020-01-01 to 2020-12-31

NORFOLK COMMUNITY COLLEGE CAMPUS CORP, founded in 1993, is a micro nonprofit that reported $55K in total revenue in fiscal year 2018. Revenue fell 38% from the prior year — a significant decline worth monitoring. Expenses of $85K exceeded revenue, resulting in a 53% operating deficit.

Mission

TO CONSTRUCT AND RENT A COLLEGE CAMPUS IN NORFOLK, VIRGINIA

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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 (2020)

Revenue Breakdown

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

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $546
TOTAL EXPENSES $546

Year-over-Year Comparison

2020 2019 Change
Revenue N/A $24,567 -1.0%
Expenses $546 $61,512 -1.0%
Net Income N/A $-36,945 N/A
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
2
Independent Members
2
Employees
N/A
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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN KOWNACK PRESIDENT (THRU MARCH 2020) 1.00
Officer Director
$0 $0 $0
STEVEN MORALES SEC./TREAS. 1.00
Officer Director
$0 $0 $0
RON JACKSON PRESIDENT (EFF MARCH 2020) 1.00
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
2020 No data $546 No data No data
2019 $24,567 $61,512 $11,046 $-36,945
2018 $55,330 $84,732 $764,165 $-29,402
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