Financial Information for Novaworks Foundation

Novaworks Foundation's annual revenue was $403K in tax year 2024, reported on their IRS Form 990. They spent $311K in total expenses. 52% went to programs and services.

Financial Breakdown

What is Novaworks Foundation's total annual expenses?

Novaworks Foundation spent $311K in tax year 2024, according to their IRS Form 990 filing.

How much of Novaworks Foundation's budget goes to programs?

Novaworks Foundation spent $162K (52% of expenses) on programs and services in tax year 2024.

How much does Novaworks Foundation spend on overhead?

Novaworks Foundation's overhead in tax year 2024 includes administrative (47%) and fundraising (1%) of their expenses.

What is Novaworks Foundation's net worth?

Novaworks 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.