GDiseases, Disorders & Medical DisciplinesEIN: 542036534· Ruling Year: 2001

Townebank Foundation

Suffolk, Virginia

A-Health Score
78A-

Financial Health Score

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

Very Good

💰
$8.1M
Total Revenue
📊
$8.0M
Total Expenses
🏦
$17.1M
Net Assets
📋
$1
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-32.1%
Year-over-year change (2022 → 2023)
Net Margin
+0.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.12
Net assets divided by total expenses
Liabilities-to-Assets
0.0%
Total liabilities as % of total assets

Filing History

11 filings on record
YearRevenueExpensesAssets
2023$8,053,24832%$8,042,19715%$17,075,591
2022$11,867,265100%$6,976,85029%$17,064,54040%
2021$5,948,17842%$5,394,12026%$12,218,911351%
2020$4,188,95718%$4,271,4853%$2,708,0893%
2019$5,110,70365%$4,418,99957%$2,790,61758%
2016$3,098,29651%$2,810,21843%$1,768,41521%
2015$2,046,4368%$1,963,24322%$1,460,7889%
2014$1,893,91720%$1,603,1726%$1,339,82926%
2013$1,577,07730%$1,704,20054%$1,064,7538%
2012$1,214,81710%$1,105,8977%$1,157,38517%
2011$1,108,276$1,183,727$992,166

Frequently Asked Questions

What does Townebank Foundation do?

Townebank Foundation is a diseases, disorders & medical disciplines nonprofit organization based in Virginia. It is classified under NTEE code G12 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Townebank Foundation financially healthy?

Based on our 9-metric Financial Health Score model, Townebank Foundation has a score of 78/100 (Grade: A-). 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 Townebank Foundation generate?

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

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