Novogradac Rivers Foundation
- Assets
- $11.9m
- Revenue
- $1.8m
- Investments
- $9.2m
- Employees
- 0
- Location
- Orinda, CA
- Founding
- 10/2001
- Data as of
- 12/2022
- EIN
- 94-3399829
Organization Overview
Novogradac Rivers Foundation is located in Orinda, CA. The organization was established in 2001. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Novogradac Rivers Foundation 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 12/2022, Novogradac Rivers Foundation generated $1.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $334.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Novogradac Rivers Foundation has awarded 238 individual grants totaling $1,474,898. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael J Novogradac CEO | 0 | $0 | |
Barbara J Novogradac VP | 0 | $0 | |
Charles J Novogradac Secretary | 0 | $0 | |
John Ross J Novogradac Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,498,975 |
| Interest on Savings | $217 |
| Dividends & Interest | $211,365 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $15,733 |
| Capital Gain Net Income | $15,733 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $48,570 |
| Total Revenue | $1,774,860 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $75 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $43 |
| Total operating and administrative expenses | $2,715 |
| Contributions, gifts, grants paid | $331,566 |
| Total expenses and disbursements | $334,281 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $63,767 |
| Savings and temporary cash investments | $546,382 |
| Net Accounts receivable | $36,347 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,000 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $100,000 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $2,051,869 |
| Total assets | $11,911,148 |
| Accounts payable and accrued expenses | $20,000 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $20,000 |
Grants Awarded
Over the last fiscal year, Novogradac Rivers Foundation has awarded $331,566 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN RED CROSS PURPOSE: UKRAINE HUMANITARIAN CRISIS | $5,000 |
CATHOLIC CHARITIES PURPOSE: LAVERNE C MULLEN | $500 |
CLAREMONT MCKENNA COLLEGE PURPOSE: GENERAL ASSISTANCE | $14,446 |
NORTHWELL HEALTH FOUNDATION PURPOSE: 2022 PLEDGE | $20,000 |
KIDS ALIVE INTERNATIONAL PURPOSE: GENERAL ASSISTANCE | $468 |
MIKE ROWE WORKS FOUNDATION PURPOSE: MATCHING CONTRIBUTIONS | $147,902 |