Nonprofit · EIN 54-0551901
NORFOLK ACADEMY
Tax-exempt · NORFOLK, VA 23502
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $35,906,293 | $40,304,363 | -$4,398,070 | $167,622,196 | $11,766,446 | $155,855,750 |
| June 30, 2024 | 990 | $36,529,507 | $39,878,940 | -$3,349,433 | $163,764,684 | $12,782,727 | $150,981,957 |
| June 30, 2023 | 990 | $33,112,865 | $37,141,903 | -$4,029,038 | $163,000,776 | $14,044,388 | $148,956,388 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $3,815,621
- Program service revenue
- $29,065,402
- Investment income
- $1,882,878
- Net rental income
- $114,839
- Net income from fundraising events
- $80,207
- Net income from gaming
- $6,325
- Net income from sales of inventory
- $290,743
- Other revenue
- $1,142,392
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $869,208
- Other salaries and wages
- $17,142,656
- Salaries, compensation and benefits (total)
- $24,700,543
- Professional fundraising fees
- $0
- Travel
- $1,363,646
- Depreciation
- $3,745,188
- Program services (functional)
- $32,974,957
- Management and general (functional)
- $5,842,474
- Fundraising (functional)
- $1,486,932
Balance sheet and other
- Total assets, start of year
- $163,764,684
- Total assets, end of year
- $167,622,196
- Total liabilities, end of year
- $11,766,446
- Net assets, end of year
- $155,855,750
- Land, buildings and equipment
- $51,092,918
- Net assets without donor restrictions
- $78,314,313
- Net assets with donor restrictions
- $77,541,437
- Gross unrelated business income
- $542,919
- Gross receipts
- $36,606,381
- Employees
- 434
- Volunteers
- 1,300
- Year formed
- 1960
- State of legal domicile
- VA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| TRAVIS LARRABEE | HEAD OF SCHOOL Officer | 40 | $510,890 | $60,445 |
| JEFFREY A MARTIN | ASSISTANT HEAD OF SCHOOL Officer | 40 | $327,206 | $60,046 |
| GRAYSON K BRYANT | ASSISTANT HEAD OF SCHOOL Highest-paid employee | 40 | $224,380 | $53,529 |
| LINDA GORSLINE | ASSOCIATE HEAD OF SCHOOL Highest-paid employee | 40 | $246,324 | $25,399 |
| MICHELLE ALEXANDER | DIRECTOR, LOWER SCHOOL Highest-paid employee | 40 | $185,423 | $41,641 |
| JENNIFER SCOTT | DIRECTOR, COLLEGE COUNSELING Highest-paid employee | 40 | $159,280 | $44,504 |
| THOMAS HUDGINS | ASSOCIATE DIRECTOR, COLLEGE COUNSELING Highest-paid employee | 40 | $153,599 | $29,206 |
| JOHN O WYNNE JR | TRUSTEE - CHAIR OF THE BOARD Trustee or director | 5 | $0 | $0 |
| MICHELLE BASS ADAMS | TRUSTEE - CHAIR - BUILDING AND GROUNDS Trustee or director | 3 | $0 | $0 |
| THOMAS A ALBERICO | TRUSTEE - SECRETARY Trustee or director | 3 | $0 | $0 |
| NEIL J BARR | TRUSTEE Trustee or director | 1 | $0 | $0 |
| RICHARD C BURROUGHS JR | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MIKE C CREEDON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JASON A DEANS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| RHONDA G DURHAM | TRUSTEE Trustee or director | 1 | $0 | $0 |
21 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GUY R FRIDDELL III | TRUSTEE Trustee or director | 1 | $0 |
| JOHN L GIBSON III | TRUSTEE Trustee or director | 1 | $0 |
| OWEN D GRIFFIN JR | TRUSTEE - CHAIR - EDUCATION Trustee or director | 3 | $0 |
| KATHERINE M HINES | TRUSTEE Trustee or director | 1 | $0 |
| IAN A HOLDER | TRUSTEE Trustee or director | 1 | $0 |
| JOANNE M INMAN | TRUSTEE Trustee or director | 1 | $0 |
| JOHN P JUMPER | TRUSTEE Trustee or director | 1 | $0 |
| SANDRA PORTER LEON | TRUSTEE Trustee or director | 1 | $0 |
| DEREK R MELVIN | TRUSTEE Trustee or director | 1 | $0 |
| KATHLEEN KELLY OBERG | TRUSTEE Trustee or director | 1 | $0 |
| J CHRISTOPHER PERRY | TRUSTEE - TREASURER, CHAIR - FINANCE Trustee or director | 3 | $0 |
| ALFRED M RANDOLPH JR | TRUSTEE - CHAIR - GOVERNANCE Trustee or director | 3 | $0 |
| JOHN REED | TRUSTEE Trustee or director | 1 | $0 |
| THOMAS V RUEGER JR | TRUSTEE Trustee or director | 1 | $0 |
| JOHN W RUFFIN | TRUSTEE - CHAIR - DEVELOPMENT Trustee or director | 3 | $0 |
| SAMUEL E STEINGOLD | TRUSTEE Trustee or director | 1 | $0 |
| TIMOTHY J STIFFLER | TRUSTEE Trustee or director | 1 | $0 |
| AARTHY THAMODARAN | TRUSTEE Trustee or director | 1 | $0 |
| RONY THOMAS | TRUSTEE Trustee or director | 1 | $0 |
| JENNIFER GEORGE WARD | TRUSTEE Trustee or director | 1 | $0 |
| FRANK J WOOD III | TRUSTEE - CHAIR - INVESTMENT Trustee or director | 3 | $0 |
990 for the year ended June 30, 2024: 36 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DENNIS G MANNING | HEADMASTER (FORMER) Officer | 40 | $452,008 | $36,207 |
| JEFFREY A MARTIN | ASSISTANT HEAD OF SCHOOL Officer | 40 | $309,766 | $56,969 |
| TRAVIS LARRABEE | HEAD OF SCHOOL Officer | 40 | $249,517 | $29,785 |
| GRAYSON K BRYANT | ASSISTANT HEAD OF SCHOOL Highest-paid employee | 40 | $208,384 | $59,180 |
| LINDA GORSLINE | ASSOCIATE HEAD OF SCHOOL Highest-paid employee | 40 | $193,541 | $25,392 |
| MICHELLE ALEXANDER | DIRECTOR, LOWER SCHOOL Highest-paid employee | 40 | $161,830 | $48,207 |
| JENNIFER SCOTT | DIRECTOR, COLLEGE COUNSELI Highest-paid employee | 40 | $153,658 | $50,547 |
| SEAN WETMORE | DIRECTOR OF CENTER FOR LEA Highest-paid employee | 40 | $152,926 | $19,139 |
| ALFRED M RANDOLPH JR | TRUSTEE - GOVERNANCE Trustee or director | 3 | $0 | $0 |
| MICHELLE BASS ADAMS | TRUSTEE - BUILDING AND GROUNDS Trustee or director | 3 | $0 | $0 |
| THOMAS A ALBERICO | TRUSTEE - TREASURER Trustee or director | 3 | $0 | $0 |
| LD BRITT | TRUSTEE Trustee or director | 1 | $0 | $0 |
| RICHARD C BURROUGHS JR | TRUSTEE Trustee or director | 1 | $0 | $0 |
| RHONDA G DURHAM | TRUSTEE Trustee or director | 1 | $0 | $0 |
| GUY R FRIDDELL III | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JOHN L GIBSON III | TRUSTEE Trustee or director | 1 | $0 | $0 |
| OWEN D GRIFFIN JR | TRUSTEE - EDUCATION Trustee or director | 3 | $0 | $0 |
| CONRAD M HALL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KATHERINE M HINES | TRUSTEE Trustee or director | 1 | $0 | $0 |
| IAN A HOLDER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SANDRA PORTER LEON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KATHLEEN KELLY OBERG | TRUSTEE Trustee or director | 1 | $0 | $0 |
| J CHRISTOPHER PERRY | TRUSTEE - FINANCE Trustee or director | 3 | $0 | $0 |
| THOMAS V RUEGER JR | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JOHN W RUFFIN | TRUSTEE - DEVELOPMENT Trustee or director | 3 | $0 | $0 |
| SAMUEL E STEINGOLD | TRUSTEE Trustee or director | 1 | $0 | $0 |
| TIMOTHY J STIFFLER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| RONY THOMAS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| WILLIAM R VAN BUREN III | SECRETARY Trustee or director | 3 | $0 | $0 |
| FRANK J WOOD III | TRUSTEE - INVESTMENT Trustee or director | 3 | $0 | $0 |
| JOHN O WYNNE JR | TRUSTEE - CHAIRMAN OF THE BOARD Trustee or director | 5 | $0 | $0 |
| JASON A DEANS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JOHN REED | TRUSTEE Trustee or director | 1 | $0 | $0 |
| AARTHY THAMODARAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JOANNE M INMAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| GEN JOHN P JUMPER RET | TRUSTEE Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 38 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DENNIS G MANNING | HEADMASTER Officer | 40 | $605,506 | $59,618 |
| JEFFREY A MARTIN | ASSISTANT HEADMASTER Officer | 40 | $287,066 | $45,698 |
| GRAYSON K BRYANT | ASSISTANT HEADMASTER Highest-paid employee | 40 | $194,918 | $62,742 |
| MICHELLE ALEXANDER | DIRECTOR, LOWER SCHOOL Highest-paid employee | 40 | $168,283 | $48,590 |
| LINDA GORSLINE | ASSOCIATE HEADMASTER Highest-paid employee | 40 | $178,170 | $22,301 |
| JENNIFER SCOTT | DIRECTOR, COLLEGE COUNSELI Highest-paid employee | 40 | $145,829 | $46,718 |
| SEAN WETMORE | DIRECTOR OF CENTER FOR LEA Highest-paid employee | 40 | $137,693 | $35,580 |
| ALFRED M RANDOLPH JR | PRESIDENT Trustee or director | 5 | $0 | $0 |
| MICHELLE BASS ADAMS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| THOMAS A ALBERICO | TREASURER Trustee or director | 3 | $0 | $0 |
| FRANCES L BEASLEY | VICE PRESIDENT - EDUCATION Trustee or director | 3 | $0 | $0 |
| LAWRENCE A BERNERT III | VICE PRESIDENT - INVESTMEN Trustee or director | 3 | $0 | $0 |
| LD BRITT | TRUSTEE Trustee or director | 1 | $0 | $0 |
| RICHARD C BURROUGHS JR | TRUSTEE Trustee or director | 1 | $0 | $0 |
| RHONDA G DURHAM | TRUSTEE Trustee or director | 1 | $0 | $0 |
| GUY R FRIDDELL III | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JOHN L GIBSON III | VICE PRESIDENT - DEVELOPME Trustee or director | 3 | $0 | $0 |
| OWEN D GRIFFIN JR | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CONRAD M HALL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KATHERINE M HINES | TRUSTEE Trustee or director | 1 | $0 | $0 |
| IAN A HOLDER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| PETER M ILL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SANDRA PORTER LEON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KATHLEEN KELLY OBERG | TRUSTEE Trustee or director | 1 | $0 | $0 |
| J CHRISTOPHER PERRY | VICE PRESIDENT - BUILDING Trustee or director | 3 | $0 | $0 |
| THOMAS V RUEGER JR | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JOHN W RUFFIN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| TRACY G SAVAGE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SAMUEL E STEINGOLD | TRUSTEE Trustee or director | 1 | $0 | $0 |
| TIMOTHY J STIFFLER | VICE PRESIDENT - GOVERNANC Trustee or director | 3 | $0 | $0 |
| RONY THOMAS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| WILLIAM R VAN BUREN III | SECRETARY Trustee or director | 3 | $0 | $0 |
| C BENJAMIN VANDERBERRY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| G DUDLEY WARE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| FRANK J WOOD III | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JOHN O WYNNE JR | VICE PRESIDENT - FINANCE Trustee or director | 3 | $0 | $0 |
| JOHN REED | TRUSTEE Trustee or director | 1 | $0 | $0 |
| AARTHY THAMODARAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1585 WESLEYAN DR, NORFOLK, VA 23502-5512
- In care of
- % JEFFREY A MARTIN
- Principal officer (990 for 2024)
- TRAVIS J LARRABEE, 1585 WESLEYAN DRIVE, NORFOLK, VA 23502
- Signed the 990
- JEFFREY A MARTIN, ASSISTANT HEAD OF SCHOOL
- Phone
- (757) 461-6236
- Website
- WWW.NORFOLKACADEMY.ORG
- Return prepared by
- PBMARES LLP
Mission
THE NORFOLK ACADEMY IS A COLLEGE PREPARATORY CO-EDUCATIONAL DAY SCHOOL THAT STRIVES TO ASSIST ITS STUDENTS TO DEVELOP MATURITY OF BODY, MIND, AND CHARACTER. WE HOPE TO ENGENDER AN AWARENESS AND APPRECIATION OF INTELLECTUAL, AESTHETIC, AND MORAL EXCELLENCE IN A SETTING THAT OFFERS WELL-DEVELOPED PROGRAMS, NOT ONLY IN THE ACADEMIC DISCIPLINES, BUT ALSO IN FINE ARTS AND ATHLETICS. WE AIM TO PREPARE STUDENTS TO BECOME USEFUL AND RESPONSIBLE CITIZENS OF A DEMOCRACY. WE STRIVE TO MAKE THEM AWARE OF THEIR ROLES IN CREATING A JUST SOCIETY. WE ARE COMMITTED TO THE SPIRITUAL AND ETHICAL VALUES OF THE JUDEO-CHRISTIAN HERITAGE AND ENVISION THAT THESE WILL BECOME A PART OF THE BEING OF EACH MEMEBER OF THE NORFOLK ACADEMY COMMUNITY. NORFOLK ACADEMY SEEKS TO OFFER A COORDINATED PROGRAM FOR STUDENTS, BUILDING AND EXPANDING ON KNOWLEDGE AND EXPERIENCE FROM GRADES ONE THROUGH TWELVE, ENCOURAGING RESPONSIBLE PARTICIPATION IN A VARIETY OF SCHOOL ACTIVITIES, PROVIDING OPPORTUNITIES FOR LEADERSHIP TRAINING
Program accomplishments
- SUMMER SCHOOL & OTHER SPONSORED PROGRAMSExpenses $934,984 · revenue $800,943
- INSTRUCTIONAL & GENERAL PROGRAMS FOR STUDENTS GRADES 1-12Expenses $32,039,973 · revenue $28,379,298
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 54-0551901
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1946
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B200)
- Assets (IRS master file)
- $167,622,196
- Income (IRS master file)
- $36,606,381
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $35,906,293 | $40,304,363 | $167,622,196 | XML |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $36,529,507 | $39,878,940 | $163,764,684 | XML |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $33,112,865 | $37,141,903 | $163,000,776 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $31,774,205 | $35,199,350 | $165,285,906 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 54-0551901).
Questions about NORFOLK ACADEMY
- What is the EIN of NORFOLK ACADEMY?
- The employer identification number (EIN) of NORFOLK ACADEMY is 54-0551901.
- Is NORFOLK ACADEMY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1946.
- Are donations to NORFOLK ACADEMY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NORFOLK ACADEMY file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of NORFOLK ACADEMY due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NORFOLK ACADEMY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of NORFOLK ACADEMY?
- The 990 for the year ended June 30, 2025 names TRAVIS J LARRABEE.
- Who are the officers and directors of NORFOLK ACADEMY?
- The 990 for the year ended June 30, 2025 lists 36 people; 7 received compensation from the organization, the highest $510,890 (TRAVIS LARRABEE, HEAD OF SCHOOL).
- How much revenue does NORFOLK ACADEMY have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $35,906,293, expenses of $40,304,363 and total assets of $167,622,196 at year end.
Other nonprofits in NORFOLK
- OLD DOMINION UNIVERSITY RESEARCH FOUNDATION EIN 54-6068198 · last filed 990 for 2025
- OLD DOMINION UNIVERSITY EDUCATIONAL FOUNDATION EIN 54-6052014 · last filed 990 for 2024
- NORFOLK COLLEGIATE SCHOOL EIN 54-0806413 · last filed 990 for 2025
- EASTERN VIRGINIA MEDICAL SCHOOL FOUNDATION EIN 23-7053028 · last filed 990 for 2025
- NORFOLK STATE UNIVERSITY FOUNDATION INC EIN 23-7235954 · last filed 990 for 2024
- NORFOLK CHRISTIAN SCHOOLS EIN 54-0573503 · last filed 990 for 2025
- JAMES BARRY ROBINSON HOME FOR BOYS TRUST EIN 54-0594700 · last filed 990 for 2025
- ACCESS COLLEGE FOUNDATION EIN 54-1440734 · last filed 990 for 2025