Hovnanian School Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,110,664 | 2,129,057 | −18,393 | 6.8 | 57% |
| 2012 | 2,281,906 | 2,168,844 | 113,062 | 7.3 | 56% |
| 2013 | 2,271,966 | 2,205,591 | 66,375 | 7.7 | 58% |
| 2014 | 2,594,076 | 2,778,071 | −183,995 | 4.8 | 45% |
| 2015 | 2,931,988 | 2,672,454 | 259,534 | 7.1 | 53% |
| 2016 | 2,882,772 | 2,716,377 | 166,395 | 9.2 | 56% |
| 2017 | 2,729,112 | 2,859,231 | −130,119 | 8.5 | 55% |
| 2018 | 2,948,688 | 3,128,256 | −179,568 | 7.1 | 60% |
| 2019 | 2,927,707 | 3,012,029 | −84,322 | 7.5 | 62% |
| 2020 | 2,297,302 | 2,678,176 | −380,874 | 6.9 | 62% |
| 2021 | 3,802,680 | 2,892,700 | 909,980 | 10.2 | 56% |
| 2022 | 10,280,451 | 3,473,114 | 6,807,337 | 30.3 | 57% |
| 2023 | 3,280,233 | 3,480,161 | −199,928 | 29.5 | 57% |
In its most recent public year (2023), this organization spent $199,928 more than it brought in. Its reserves stood at about 29.5 months of spending, up from 6.8 in 2011. Staff pay was 57% of spending. $6,682,877 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Hovnanian School Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works