TPhilanthropy, Voluntarism & GrantmakingEIN: 208075507· Ruling Year: 2008

Shearwater Foundation Inc

Norfolk, Virginia

B+Health Score
67B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 20 peers in Philanthropy, Voluntarism & Grantmaking with <$100K revenue

Working Capital Ratio (net assets ÷ expenses)

This Org12.97×
Peer Median18.82×
💰
$869K
Total Revenue
📊
$277K
Total Expenses
🏦
$3.6M
Net Assets
📋
$1
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+632.9%
Year-over-year change (2022 → 2023)
Net Margin
+68.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
12.97
Net assets divided by total expenses
Liabilities-to-Assets
0.0%
Total liabilities as % of total assets

Filing History

10 filings on record
YearRevenueExpensesAssets
2023$868,610633%$276,5752%$3,587,23620%
2022$118,5191%$280,8951%$2,996,7705%
2021$119,65711%$278,95412%$3,159,1465%
2020$134,46288%$249,06579%$3,318,4433%
2019$1,131,75585%$1,179,90323%$3,433,04668%
2015$7,566,785482%$962,70820%$10,775,762158%
2014$1,299,655517%$1,202,28445%$4,171,6852%
2013$210,74262%$831,12437%$4,075,79513%
2012$548,78271%$606,28697%$4,694,6961%
2011$320,139$308,509$4,752,200

Frequently Asked Questions

What does Shearwater Foundation Inc do?

Shearwater Foundation Inc is a philanthropy, voluntarism & grantmaking nonprofit organization based in Virginia. It is classified under NTEE code T22 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Shearwater Foundation Inc financially healthy?

Based on our 9-metric Financial Health Score model, Shearwater Foundation Inc has a score of 67/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Shearwater Foundation Inc generate?

Revenue data for Shearwater Foundation Inc is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.

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