Financial Information for Novi Educational Foundation

Novi Educational Foundation's annual revenue was $240K in tax year 2024, reported on their IRS Form 990. They spent $172K in total expenses. 66% went to programs and services.

Financial Breakdown

What is Novi Educational Foundation's total annual expenses?

Novi Educational Foundation spent $172K in tax year 2024, according to their IRS Form 990 filing.

How much of Novi Educational Foundation's budget goes to programs?

Novi Educational Foundation spent $114K (66% of expenses) on programs and services in tax year 2024.

How much does Novi Educational Foundation spend on overhead?

Novi Educational Foundation's overhead in tax year 2024 includes administrative (20%) and fundraising (14%) of their expenses.

What is Novi Educational Foundation's net worth?

Novi Educational Foundation had net assets of $1.2M as of the end of tax year 2024.

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All figures are reported on the organization's IRS Form 990 filing and are public record. Revenue and expense data come from Form 990 Part I, and asset data comes from the balance sheet section. These are filed amounts as reported by the organization.