Novo Foundation

Hurley, New York

A-Health Score
75A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

How This Organization Compares

Compared to 20 peers in Philanthropy, Voluntarism & Grantmaking with <$100K revenue

Working Capital Ratio (net assets ÷ expenses)

This Org3.22×
Peer Median18.82×
💰
$373.9M
Total Revenue
📊
$174.1M
Total Expenses
🏦
$560.2M
Net Assets
📋
$159.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+12.4%
Year-over-year change (2022 → 2023)
Net Margin
+53.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
3.22
Net assets divided by total expenses
Liabilities-to-Assets
22.1%
Total liabilities as % of total assets

Filing History

10 filings on record
YearRevenueExpensesAssets
2023$373,899,06512%$174,051,84236%$719,322,28932%
2022$332,640,78347%$273,150,87618%$545,384,79322%
2021$225,794,3894%$230,582,51180%$446,815,5501%
2020$236,125,35240%$128,097,25956%$453,240,39524%
2019$396,208,057153%$289,299,874202%$593,621,32412%
2015$156,441,0031%$95,915,72911%$528,162,041
2014$157,258,1455%$107,232,2707%$527,185,37933%
2013$150,280,680159%$115,717,881166%$395,245,22250%
2012$57,983,3033%$43,548,35010%$264,168,6869%
2011$59,807,033$48,383,783$243,196,104

Frequently Asked Questions

What does Novo Foundation do?

Novo Foundation is a philanthropy, voluntarism & grantmaking nonprofit organization based in New York. It is classified under NTEE code T99 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Novo Foundation financially healthy?

Based on our 9-metric Financial Health Score model, Novo Foundation has a score of 75/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Novo Foundation generate?

Revenue data for Novo Foundation is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.

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