Nova-ro Corporation
Only null% goes to programs Strong reserves
Nova-ro Corporation is a 501(c)(3) organization based in Novato, California, registered in 1985, with $1,424,431 in FY2023 revenue. CharityIndex grades it C+.
31 Pinheiro Cir, Novato, CA, 94945 EIN 94-2318537 Since 1985
Revenue (FY2023)
$1.4M
▲ 9.4% vs prior year
Housing median: $408K
Expenses (FY2023)
$909K
Net assets
$8.4M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
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 Nova-ro Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating110 mo reserves · +36% margin
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 Nova-ro Corporation: 110 mo reserves · +36% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 Nova-ro Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
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 Nova-ro Corporation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 31 Pinheiro Cir, Novato, CA, 94945
- City
- Novato
- State
- California
- Category
- Housing & Shelter
- Subcategory
- Housing Development & Management
Financial trends
Revenue grew from $1.1M (FY2013) to $1.4M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $54KNet assets $8.4M
Operating margin
36.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$8.4M
Total liabilities
$54K
Net assets
$8.4M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $1,424,431▲9.4% | $909,037▲3.6% | $8,354,798▲11.1% | $8,409,048▲11.0% | 990 |
| 2022 | $1,302,386▼7.6% | $877,475▲4.0% | $7,522,923▲7.6% | $7,577,873▲7.6% | 990 |
| 2021 | $1,409,375▲8.3% | $843,560▲8.2% | $6,989,591▲0.4% | $7,041,441▲0.5% | 990 |
| 2020 | $1,301,548▲9.2% | $779,836▼0.3% | $6,958,957▲14.3% | $7,008,757▲14.2% | 990 |
| 2019 | $1,191,802▲0.6% | $782,332▼3.9% | $6,087,870▲7.1% | $6,137,820▲7.1% | 990 |
| 2018 | $1,185,111▲4.0% | $814,252▼7.4% | $5,682,252▲7.9% | $5,729,852▲7.9% | 990 |
| 2017 | $1,139,355 | $879,161▲23.0% | $5,265,765▲5.3% | $5,312,665▼2.4% | 990 |
| 2016 | $1,139,737▲4.7% | $714,747▼10.9% | $4,999,854▲9.2% | $5,444,004▲0.4% | 990 |
| 2015 | $1,088,117▲1.3% | $801,979▼4.3% | $4,579,703▲7.4% | $5,424,353▼2.0% | 990 |
| 2014 | $1,074,268▲2.2% | $838,204▲4.4% | $4,265,365▲4.4% | $5,532,345▼6.6% | 990 |
| 2013 | $1,051,102 | $803,199▼12.2% | $4,086,387▲9.0% | $5,924,767▼1.5% | 990 |
| 2012 | — | $914,564▲5.9% | $3,749,567▲1.4% | $6,015,197▼3.1% | 990 |
| 2011 | — | $863,745 | $3,697,451 | $6,205,731 | 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.
Grants received · $1.1M total
2 grants to Nova-ro Corporation totaling $1.1M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Marin Community Foundation | General operating support | 2020 | $29,096 |
| Marin Community Foundation | Provide general operating support | 2019 | $1,108,845 |
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Frequently asked questions
- Is Nova-ro Corporation a legitimate nonprofit?
- Yes. Nova-ro Corporation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 94-2318537, based in Novato, California. Donations are tax-deductible.
- What is Nova-ro Corporation's EIN?
- Nova-ro Corporation's Employer Identification Number (EIN) is 94-2318537.
- How much revenue does Nova-ro Corporation report?
- Nova-ro Corporation reported $1,424,431 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Nova-ro Corporation have?
- CharityIndex grades Nova-ro Corporation C+, based on financial health (reserves and operating margin).
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Data for Nova-ro Corporation (EIN 94-2318537) 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.