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Nonprofiteer
← NORFOLK ACADEMY

Form 990 for tax year 2024

Filed by NORFOLK ACADEMY.

Totals

Total revenue
$35,906,293
Total expenses
$40,304,363
Contributions and grants received
$3,815,621
Grants paid
$0
Program service revenue
$29,065,402
Investment income
$1,882,878
Other revenue
$1,142,392
Total assets, end of year
$167,622,196
Total liabilities, end of year
$11,766,446
Net assets or fund balances, end of year
$155,855,750
Program services expenses (Part IX)
$32,974,957
Management and general expenses
$5,842,474
Fundraising expenses
$1,486,932
Program service expenses (Part III)
$32,974,957

Program services were 81.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • TRAVIS LARRABEE

    HEAD OF SCHOOL

    Total calculated
    $571,335
    From this org
    $510,890
    From related orgs
    $0
    Other
    $60,445
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $501,376
    Bonus
    $0
    Other
    $9,514
    Deferred
    $10,624
    Nontaxable benefits
    $49,821
    Filer's total
    $571,335
  • JEFFREY A MARTIN

    ASSISTANT HEAD OF SCHOOL

    Total calculated
    $387,252
    From this org
    $327,206
    From related orgs
    $0
    Other
    $60,046
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $325,400
    Bonus
    $0
    Other
    $1,806
    Deferred
    $35,671
    Nontaxable benefits
    $24,375
    Filer's total
    $387,252
  • GRAYSON K BRYANT

    ASSISTANT HEAD OF SCHOOL

    Total calculated
    $277,909
    From this org
    $224,380
    From related orgs
    $0
    Other
    $53,529
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $223,750
    Bonus
    $0
    Other
    $630
    Deferred
    $20,798
    Nontaxable benefits
    $32,731
    Filer's total
    $277,909
  • MICHELLE ALEXANDER

    DIRECTOR, LOWER SCHOOL

    Total calculated
    $227,064
    From this org
    $185,423
    From related orgs
    $0
    Other
    $41,641
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $184,570
    Bonus
    $0
    Other
    $853
    Deferred
    $12,342
    Nontaxable benefits
    $29,299
    Filer's total
    $227,064
  • LINDA GORSLINE

    ASSOCIATE HEAD OF SCHOOL

    Total calculated
    $271,723
    From this org
    $246,324
    From related orgs
    $0
    Other
    $25,399
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $240,990
    Bonus
    $0
    Other
    $5,334
    Deferred
    $22,464
    Nontaxable benefits
    $2,935
    Filer's total
    $271,723
  • JENNIFER SCOTT

    DIRECTOR, COLLEGE COUNSELING

    Total calculated
    $203,784
    From this org
    $159,280
    From related orgs
    $0
    Other
    $44,504
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $136,925
    Bonus
    $0
    Other
    $22,355
    Deferred
    $14,887
    Nontaxable benefits
    $29,617
    Filer's total
    $203,784
  • THOMAS HUDGINS

    ASSOCIATE DIRECTOR, COLLEGE COUNSELING

    Total calculated
    $182,805
    From this org
    $153,599
    From related orgs
    $0
    Other
    $29,206
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $149,850
    Bonus
    $0
    Other
    $3,749
    Deferred
    $16,333
    Nontaxable benefits
    $12,873
    Filer's total
    $182,805
  • JOHN O WYNNE JR

    TRUSTEE - CHAIR OF THE BOARD

    Total calculated
    $0
    Hours/week
    5
  • MICHELLE BASS ADAMS

    TRUSTEE - CHAIR - BUILDING AND GROUNDS

    Total calculated
    $0
    Hours/week
    3
  • THOMAS A ALBERICO

    TRUSTEE - SECRETARY

    Total calculated
    $0
    Hours/week
    3
  • NEIL J BARR

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • RICHARD C BURROUGHS JR

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • MIKE C CREEDON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • JASON A DEANS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • RHONDA G DURHAM

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • GUY R FRIDDELL III

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • JOHN L GIBSON III

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • OWEN D GRIFFIN JR

    TRUSTEE - CHAIR - EDUCATION

    Total calculated
    $0
    Hours/week
    3
  • KATHERINE M HINES

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • IAN A HOLDER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • JOANNE M INMAN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • JOHN P JUMPER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • SANDRA PORTER LEON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • DEREK R MELVIN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • KATHLEEN KELLY OBERG

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • J CHRISTOPHER PERRY

    TRUSTEE - TREASURER, CHAIR - FINANCE

    Total calculated
    $0
    Hours/week
    3
  • ALFRED M RANDOLPH JR

    TRUSTEE - CHAIR - GOVERNANCE

    Total calculated
    $0
    Hours/week
    3
  • JOHN REED

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • THOMAS V RUEGER JR

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • JOHN W RUFFIN

    TRUSTEE - CHAIR - DEVELOPMENT

    Total calculated
    $0
    Hours/week
    3
  • SAMUEL E STEINGOLD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • TIMOTHY J STIFFLER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • AARTHY THAMODARAN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • RONY THOMAS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • JENNIFER GEORGE WARD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • FRANK J WOOD III

    TRUSTEE - CHAIR - INVESTMENT

    Total calculated
    $0
    Hours/week
    3

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · Travel for companions
  • 1a · Tax indemnification and gross-up payments
  • 1a · Housing allowance or residence for personal use
  • 1a · Health or social club dues or initiation fees
  • 1a · Personal services (maid, chauffeur, chef)
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
19 March 2026
IRS schema version
2024v5.5
Source object
202600989349300130

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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