New Varieties Development&managemen T Corp is a 501(c)(5) organization based in Maitland, Florida, registered in 2007, with $632,022 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$632K
▼ 10.0% vs prior year
Environment median: $250K
Expenses (FY2024)
$630K
Net assets
$129K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for New Varieties Development&managemen T Corp— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For New Varieties Development&managemen T Corp: 2 mo reserves · +0% margin earns a B on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for New Varieties Development&managemen T Corp— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For New Varieties Development&managemen T Corp: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $544K (FY2013) to $632K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
0.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$356K
Total liabilities
$227K
Net assets
$129K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $632,022▼10.0% | $629,658▼4.3% | $128,687▲1.9% | $355,607▼19.1% | 990 |
| 2023 | $702,011▲20.7% | $658,106▲11.1% | $126,323▲53.3% | $439,400▲55.0% | 990 |
| 2022 | $581,808▲21.8% | $592,202▲17.8% | $82,418▼11.2% | $283,510▲125% | 990 |
| 2021 | $477,553▼16.5% | $502,878▼13.8% | $92,812▼21.4% | $126,225▼56.8% | 990 |
| 2020 | $571,840▼2.3% | $583,327▲0.5% | $118,137▼8.9% | $292,124▲69.8% | 990 |
| 2019 | $585,283▼6.1% | $580,241▼3.4% | $129,624▲4.0% | $172,060▼49.4% | 990 |
| 2018 | $623,340▼5.0% | $600,640▼4.3% | $124,582▲22.3% | $340,051▼8.9% | 990 |
| 2017 | $655,926▼0.6% | $627,866▼0.6% | $101,882▲38.0% | $373,133▲39.4% | 990 |
| 2016 | $659,924▲30.2% | $631,755▲27.1% | $73,822▲61.7% | $267,607▲246% | 990 |
| 2015 | $506,666▲1.7% | $496,923▲1.1% | $45,653▲27.1% | $77,307▼65.1% | 990 |
| 2014 | $498,098▼8.4% | $491,439▼9.4% | $35,910▲22.8% | $221,601▲309% | 990 |
| 2013 | $543,835 | $542,236▼15.0% | $29,251▲5.8% | $54,133▼49.1% | 990 |
| 2012 | — | $638,158▲17.1% | $27,652▲144% | $106,411▲460% | 990 |
| 2011 | — | $545,158▲27.2% | $11,355▼46.0% | $18,989▼43.7% | 990 |
| 2010 | — | $428,570 | $21,031 | $33,737 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for New Varieties Development&managemen T Corp (EIN 20-3767882) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.