James E Newby Jr Md Foundation
- Assets
- $74.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Norfolk, VA
- Founding
- 05/2009
- Data as of
- 12/2021
- EIN
- 26-4288692
Organization Overview
James E Newby Jr Md Foundation is located in Norfolk, VA. The organization was established in 2009. According to its NTEE Classification (E80) the organization is classified as: Health (General & Financing), under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. James E Newby Jr MD Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, James E Newby Jr MD Foundation generated $10.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (23.2%) each year. All expenses for the organization totaled $5.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (22.1%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE FOUNDATION'S ACTIVITIES INCLUDE PUBLIC SERVICE ANNOUNCEMENTS WHICH ARE DONE REGULARLY ON HAMPTON UNIVERSITIES RADIO STATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Keith H Newby President/director | 1 | $0 | |
Peggy H Newby Director | 0.1 | $0 | |
Cassandra Newby-Alexander Director | 0.1 | $0 | |
James E Newby II Director | 0.1 | $0 | |
Bruce C Holbrook Director | 0.1 | $0 | |
Jerry Holmes Director | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,306 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $3 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $10,309 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5,000 |
| Total expenses | $5,250 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $74,396 |
| Other assets | $0 |
| Total assets | $74,396 |
| Total liabilities | $0 |
| Net assets or fund balances | $74,396 |