Novi Community EIN 88-2235835 Form 990 (PDF) Claim this org

Novi Community

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Heals children's trauma from war with food, schooling, and community support. For fiscal year 2024 it reported $787K in revenue, $745K in expenses, and $154K in net assets.Pt I

Type
Public charity (501(c)(3)) · International
Location
Midland, TX
Website
www.novi.ngo
Filings
3 on file (2022–2024)
Revenue
$787KFY2024
Expenses
$745K
Net assets
$154K
People
8
Filings
3
Updates
0
More identity details & actions ⌄
EIN  88-2235835 Public charity (501(c)(3)) Midland, TX
Form 990 (PDF)
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Size
$100K–1M
What they do
Heals children's trauma from war with food, schooling, and community support.
Leadership
Steven Gumaer · CEO · $96K
Money in and out
$787K revenue, $745K expenses
Bottom line
80% program efficiency
Where the money goes · FY2024
Total revenue
$787K
Pt VIII · Ln 12
Total expenses
$745K
Pt IX · Ln 25
Net assets
$154K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $42K
Where spending went · Part IX cols B–D
Program services $0.80 Management & general $0.16 Fundraising $0.04
Program efficiency
80%
of spending reaches programs▼ -2% vs prior filing year
Operating runway
2.5mo
months of highly liquid reserves at operating expense rate▼ -17% vs prior filing year
Surplus margin
+5%
revenue over expenses, this year▼ -54% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$787K
FY2024▲ +22%
Expenses
$745K
FY2024▲ +31%
Total assets
$156K
FY2024▼ -2%
Total liabilities
$2K
FY2024▼ -95%
Total revenue
$787K
Pt VIII · Ln 12
Total expenses
$745K
Pt IX · Ln 25
Net assets
$154K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$42K
Total assetsPt X · Ln 16$156K
Program-expense ratioPt IX · col B80%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 44

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CNovi Community
EINHdr · item D88-2235835
Principal addressHdr · item CMidland, TX
WebsiteHdr · item Jwww.novi.ngo
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFInternational (Q33)
Ruling yearIRS BMFDec 2022

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$96,000Pt VII · Sec A
Monitoring and Assessment Director
$57,084Pt VII · Sec A
US Operations Director
$14,582Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A

Steven Gumaer’s $96K as CEO is at the 80th percentile of top reported officer pay among 1637 $100K–1M international nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 6 named individuals · Part VII

NameFY2024FY2023FY2022
Steven Gumaer$96,000$104,000
Oddny Gumaer$64,000
Jonathan M Peerbolt$57,084
Steven Gumaer$52,000
Luke Epperson$25,645
Elizibeth McWilliams$14,582

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

3 program services account for $597K of program spending, described in the organization's own filed words · FY2024.
01

General Programs

Novi provides material support for children and their families. This includes the provision of food, clothing, blankets, generators to warm community centers, and clean water when needed.

$354Kprogram expense
02

Novi Ukraine Foundation

Is our registered entity in ukraine that distributes financial and material support to locally led humanitarian and educational programs. The foundation employs our staff living in ukraine and partners with community based organizations to implement initiatives such as young peacebuilders clubs, and nutrition support for families…

$126Kprogram expense
03

Training Events

Novi provides specialized training and tools to volunteers, social workers, teachers, therapists, and others who work with children in war torn communities and high-stress environments. Novi also concentrates on equipping parents in front line communities with knowledge of trauma and trauma informed care so they can better nurture their…

$117Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants100%$787K
Investment income$5
Total revenueLn 12$787K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.80 Management & general $0.16 Fundraising $0.04
Program services80%$597K
Management & general16%$116K
Fundraising4%$32K
Total functional expensesLn 25$745K

Balance Sheet

Part X · end of year
CashLn 1$155K
Total assetsLn 16$156K
Total liabilitiesLn 26$2K
Total net assetsLn 32$154K
Months of cash on handcomputed2.5

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $155K · Operating expenses/yr $745K
2.5 months
Where the money goes
Program services
Program services $597K · Total expenses $745K
80%
Management & General
Management & general $116K · Total expenses $745K
16%
Fundraising
Fundraising $32K · Total expenses $745K
4%
Cost to raise $1
Fundraising expense (3-yr avg) $25K · Solicited contributions (3-yr avg) $611K
$0.04 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $787K · Total revenue $787K
100%
Government reliance
Government grants $0 · Total revenue $787K
0%
Earned-income share
Program service revenue $0 · Total revenue $787K
0%
Investment reliance
Investment income $5 · Total revenue $787K
<0.01%
Program self-sufficiency
Program service revenue $0 · Total expenses $745K
0%
Growth & trend
Revenue growth (YoY)
This year $787K · Prior year $645K
+22%
Net-asset trend (YoY)
End of year $154K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $787K · Expenses $745K
+5%
Liabilities-to-Assets
Total liabilities — · Total assets $156K
Net-asset ratio
Net assets $154K · Total assets $156K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $156K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Steven Gumaer · Reported title CEO · Highest reported compensation $96K · Total expenses $745K
13%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $177K · Total expenses $745K
24%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 80%
Overhead ratio 16%
Fundraising cost ratio 4%
Revenue growth 22%
Legal fee ratio 0.3%
Accounting fee ratio 6%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$2K
Grants paid · 4 grants · $22K · 2022–2024
Twelve12- HopeMI · FY2024$6,755
Unitemized GrantFY2022$5,000
Unitemized GrantFY2022$5,000
Unitemized GrantFY2022$5,000

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$787K revenue · viewing · ⤓ 990 PDF
FY2023$645K revenue · ⤓ 990 PDF
FY2022$400K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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