Harbors Edge Foundation Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
The Organization was formed exclusively for the purpose of supporting Fort Norfolk Retirement Community, Inc. ("FNRC") and furthering the charitable purposes of FNRC by improving the lives of persons age 62 and older living in Hampton Roads, Virginia, by (i) enabling such persons to reside at the continuing care retirement community owned and operated by FNRC, or similar facilities, (ii) enabling such persons who are identified as those needing assistance to reside at quality assisted living facilities or skilled nursing facilities, (iii) enabling such persons to participate in quality programs offering services designed to meet the physical, emotional, recreational, social or health needs of such persons and/or (iv) making grants to charitable organizations exempt from federal income taxation under Section 501(c)(3) of the Internal Revenue Code that provide housing and/or services designed to meet the physical, emotional, recreational, social or health needs of such persons.
- Income
- $429,221
- Spending
- $293,846
- Spent on programs
- 97%
- Reserves
- 98.9 months of spending
- Largest source of income
- investment income, 72%
- Employees
- 0
- Highest pay
- $28,870, past ex. dir.
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 100 out of 100. Higher than 89% of charities in its peer group (crime and legal services, $250k to $1m).
Reserves
35 of 35Spendable reserves would cover 98.9 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 32% of income.
Income trend
15 of 15Income rose 85% on the year before.
Spending floor
15 of 1597% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 95 out of 100. Higher than 82% of charities in its peer group (crime and legal services, $250k to $1m).
Independent board
25 of 2511 of 11 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $244,485 spent. Harbor's Edge Foundation made grants to Fort Norfolk Retirement Community, its supported organization, for the support of its residents.
- $28,816 spent. Harbor's Edge Foundation made grants to Fort Norfolk Retirement Community, its supported organization, for the reimbursement of the Executive Director's salary.
- $10,449 spent. Harbor's Edge Foundation made grants to various charities to support their general operations.
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending September 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since September 2008.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.