Overview
What is Norfolk Collegiate School?
Norfolk Collegiate School is a private educational institution located at 7336 Granby Street, Norfolk, Virginia, with a ZIP code of 23505. The school has an approximate enrollment of 600 students and employs 218 individuals. Its mission is to educate a diverse student body, enabling them to succeed in a college setting and beyond. Norfolk Collegiate School operates as a nonprofit organization, dedicated to providing quality education to its students.
Official website here: www.norfolkcollegiate.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Stars
Norfolk Collegiate School has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The organization received a perfect score in several key areas, including the independence of its board members and the effectiveness of its financial oversight, demonstrating a commitment to transparency and responsible management of resources.
The school’s financial ratios further illustrate its sound fiscal practices, with 83.63% of expenses directed toward programs. This efficiency reflects a focus on delivering quality educational services while maintaining low liabilities relative to its assets, indicating stability. The existence of comprehensive policies regarding conflicts of interest and whistleblowing ensures that ethical standards are upheld.
While the data paints a positive picture, it's important for potential donors and community members to remain engaged and informed about ongoing operations and strategic goals. Continued transparency and communication will be vital for sustaining trust and support from the community.
This AI summary has been generated from information found on Charity Navigator.
Is Norfolk Collegiate School legitimate?
Norfolk Collegiate School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Norfolk Collegiate School submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $261,695
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,145,142
For more financial information, click here
Official website here: www.norfolkcollegiate.org
What is the mission statement of Norfolk Collegiate School?
Norfolk Collegiate School is dedicated to educating a diverse student body, preparing them to succeed in higher education and beyond. Their mission is to foster the growth and development of students, enabling them to thrive in various academic environments and throughout their lives. By providing a rigorous and well-rounded education, the school aims to instill a love for learning and the skills necessary for future success. Additionally, Norfolk Collegiate School strives to create an inclusive environment that values and respects each student's unique background and abilities.
Official website here: www.norfolkcollegiate.org
Who is the CEO of Norfolk Collegiate School?
Scott Kennedy is the Vise President of Norfolk Collegiate School.
Official website here: www.norfolkcollegiate.org
What is the revenue of Norfolk Collegiate School?
Norfolk Collegiate School's revenue in 2022 was $13,831,989.
Official website here: www.norfolkcollegiate.org
Who are the executives of Norfolk Collegiate School and what are their salaries?
The average compensation at Norfolk Collegiate School during 2022 was $24,802. There are 218 employees and 24 volunteers at Norfolk Collegiate School.
Here are 28 key members and their salaries:
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- Compensation: $127,775
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- Other: $9,079
Official website here: www.norfolkcollegiate.org
Where can I find the form 990 for Norfolk Collegiate School?
Norfolk Collegiate School's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.norfolkcollegiate.org
Learn more at the official website: www.norfolkcollegiate.org
Mission Statement of Norfolk Collegiate School
Norfolk Collegiate School, a renowned private educational institution, is committed to cultivating a diverse student body with the ability to excel in college and beyond. The school's mission is geared towards preparing students for higher education and future success.
In practice, Norfolk Collegiate School welcomes a multifaceted group of students into its educational community. The institution is dedicated to fostering an environment that nurtures the unique talents and potential of each student. By providing a rigorous academic curriculum, Norfolk Collegiate School equips students with the essential skills and knowledge necessary for college-level studies and beyond.
Moreover, the school's dedication to its students extends beyond the classroom. Norfolk Collegiate School offers a variety of resources aimed at supporting students' overall development. These resources include extracurricular activities, counseling services, and a strong emphasis on character education. Through these offerings, students are encouraged to grow both intellectually and personally, enabling them to navigate their college years and beyond with confidence and resilience.
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Impact
October, 2024
Norfolk Collegiate School plays a pivotal role in shaping the educational landscape of Norfolk, Virginia, by fostering an inclusive learning environment that supports approximately 600 students. By focusing on a diverse student body, the school emphasizes the importance of equality and representation in education, preparing students to thrive not only in college but also in their future careers and communities.
The school's commitment to academic excellence encourages critical thinking, creativity, and collaboration, essential skills for success in a competitive world. Through its holistic approach to education, Norfolk Collegiate School equips students with the tools and confidence necessary to navigate the complexities of higher education and beyond, ultimately contributing to the growth and development of the individuals and the community at large. The emphasis on a well-rounded education underscores the institution's impact, creating future leaders who are prepared to make meaningful contributions in various fields.
This information is meant to be a general summary of Norfolk Collegiate School. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $95,821
- Program Service Revenue: $12,027,011
- Gross Receipts: $15,641,423
Assets and Liabilities:
- Total Assets: $25,101,783
- Total Liabilities: $8,821,672
- Net Assets: $16,280,111
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$11,895,471
AUXILIARY SERVICES
Revenue
$131,501
STUDENT ACTIVITIES
Revenue
$39
Organization Details
Founding Year
1948
Phone
(757) 583-0919Principal Officer
Scott Kennedy
Main Address
7336 GRANBY STREET, NORFOLK, VA, 23505
Website
www.norfolkcollegiate.orgNTEE Category
Code: B24Z - Education
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