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NOVO FOUNDATION
NOVO FOUNDATION
HURLEY, NY, US
•
501(c)(3)
•
EIN
47-0824753
•
WWW.NOVOFOUNDATION.ORG
•
Private Foundation
Regional Funder
NOVO FOUNDATION
HURLEY, NY, US
•
501(c)(3)
•
EIN
47-0824753
•
WWW.NOVOFOUNDATION.ORG
•
Private Foundation
Regional Funder
Overview
Programs
990s
Income Statement
Balance Sheet
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Grants Received
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Grants Given
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Income Statement
Fiscal Year Start:
Jan 1
Revenues in
2024
$473,629,747
Contributions
90%
Investments
6%
Other
4%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in
2024
$237,536,467
Grants
80%
Salaries & Benefits
8%
Other
6%
Fees to Service Providers
5%
Depreciation
1%
Offices, Occupancy & IT
<1%
Interest
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$356,063,646
$426,004,630
+20%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$16,504,430
$30,733,641
+86%
Other
$1,330,989
$16,891,476
+1169%
Total Revenues
$373,899,065
$473,629,747
+27%
Expenses
2023
2024
Change
Grants
$134,303,210
$190,318,925
+42%
Benefits to Members
$0
$0
-
Salaries & Benefits
$16,436,976
$18,984,953
+16%
Fees to Service Providers
$8,646,002
$10,757,977
+24%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$554,350
$1,065,603
+92%
Interest
$5,930
$38,533
+550%
Depreciation
$3,695,378
$3,162,988
-14%
Other
$10,409,996
$13,207,488
+27%
Total Expenses
$174,051,842
$237,536,467
+36%
Net income
2023
2024
Change
Net income
+$199,847,223
+$236,093,280
+18%
Income Statement
