Nova Institute
- Assets
- $69.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Kensington, MD
- Founding
- 10/2001
- Data as of
- 12/2021
- EIN
- 52-2285046
Organization Overview
Nova Institute is located in Kensington, MD. The organization was established in 2001. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is the central organization for a national or regional group of organizations. Nova Institute 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, Nova Institute generated $35.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $47.5k during the year ending 12/2021. While expenses have increased by 11.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
CONFERENCES, TRAINING & PRESENTATIONS:PROGRAMS PROVIDE EDUCATION AND INFORMATION TO PARENTS AND TEACHERS ON EFFECTIVE WAYS TO COMMUNICATE WITH THEIR CHILDREN, AND TO BETTER UNDERSTAND CHILDREN AND CHILDRENS' ISSUES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jack Petrash Director | 20 | $25,000 | |
Anne Wotring President | 0 | $0 | |
Tom Dews Trustee | 0 | $0 | |
Robert Engelman Treasurer | 0 | $0 | |
Jeri Darling Trustee | 0 | $0 | |
Carol Petrash Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,250 |
| Total Program Service Revenue | $13,661 |
| Membership dues | $0 |
| Investment income | $30 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $5,734 |
| Total Revenue | $35,675 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $26,432 |
| Professional fees and other payments to independent contractors | $775 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $20,247 |
| Total expenses | $47,454 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $68,483 |
| Other assets | $0 |
| Total assets | $69,233 |
| Total liabilities | $0 |
| Net assets or fund balances | $69,233 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Nova Institute has recieved totaling $8,000.
| Awarding Organization | Amount |
|---|---|
Jacob L And Lillian Holtzmann Foundation Palo Alto, CA PURPOSE: GENERAL CONTRIBUTION | $8,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Csdc Property Corporation Hanover, MD | $98,381,398 | $10,915,076 |
Lehigh Valley Charter High School For The Arts Bethlehem, PA | $5,854,757 | $11,587,241 |
Global Entrepreneurship Network Inc Arlington, VA | $6,928,946 | $10,036,868 |
Fpf Education And Innovation Foundation Washington, DC | $7,838,229 | $9,845,360 |
Miller School Of Albermarle Charlottesville, VA | $35,553,057 | $8,965,798 |
Charter Schools Development Corporation Hanover, MD | $137,072,204 | $25,530,553 |
United States Public Policy Council Mc Lean, VA | $515,116 | $8,099,974 |
Integrated Design Electronics Acade My Public Charter School Washington, DC | $15,621,514 | $8,510,421 |
Citizens Assembly Inc Washington, DC | $121,418 | $7,353,833 |
Robert Benjamin Wiley Community Charter School Erie, PA | $5,943,995 | $8,110,042 |
Academy Of Hope Adult Public Charter School Washington, DC | $10,256,944 | $8,937,280 |
Karachi American Society School Washington, DC | $28,760,206 | $7,576,146 |