Education
(B90)
990 on File
NOVATION EDUCATION OPPORTUNITIES
Financial strength (30%)
93/100
Reliability (20%)
50/100
Effectiveness (25%)
71/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$620K
Total Revenue
$550K
Total Expenses
$410K
Net Assets
3
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
83.7%
Fundraising Efficiency
N/A
Operating Reserve
8.96x
Liability-to-Asset
1.2%
Revenue Diversification
94.1%
Executive Compensation
$105K
Compared with Peers
FY 2024
Compared with 15,968 similar organizations
(United States, Education, $100K–$1M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
83.7% | 89.3% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
16.4% | 8.2% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
9.0 mo | 9.3 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
1.2% | 0.3% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
94.1% | 89.4% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
17.1% | 8.4% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
3.3% | 9.0% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
11.3% | 2.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $620K | $550K | $410K | 83.7% | 3 |
| 2023 | $529K | $532K | $340K | 86.3% | 3 |
| 2022 | $523K | $495K | $344K | 96.2% | 3 |
| 2021 | $541K | $477K | N/A | — | 3 |
Donor Reviews
Write a ReviewNo reviews yet
Be the first to share your experience with this organization.