Novation Education Opportunities
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 130,983 | 103,332 | 27,651 | 3.9 | — |
| 2012 | 0 | 0 | 0 | — | — |
| 2013 | 225,637 | 144,989 | 80,648 | 14.3 | 46% |
| 2014 | 216,096 | 190,469 | 25,627 | 12.5 | 47% |
| 2015 | 288,130 | 202,115 | 86,015 | 16.9 | 40% |
| 2016 | 288,130 | 202,115 | 86,015 | 16.9 | 40% |
| 2017 | 335,177 | 274,684 | 60,493 | 10.7 | 38% |
| 2018 | 354,003 | 315,035 | 38,968 | 10.8 | 43% |
| 2019 | 453,199 | 472,965 | −19,766 | 6.7 | 35% |
| 2020 | 579,678 | 562,103 | 17,575 | 6.0 | 28% |
| 2021 | 540,955 | 476,860 | 64,095 | 8.6 | 43% |
| 2022 | 522,779 | 495,090 | 27,689 | 8.3 | 45% |
| 2023 | 529,199 | 532,038 | −2,839 | 7.7 | 46% |
In its most recent public year (2023), this organization spent $2,839 more than it brought in. Its reserves stood at about 7.7 months of spending, up from 3.9 in 2011. Staff pay was 46% of spending.
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
Novation Education Opportunities'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