NOVARA INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2025

Legal Domicile

Principal Officer

ARTUR MANUKIAN

Phone

8183343040

Tax Period

2025-03-13 to 2025-12-31

NOVARA INC, founded in 2025, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $111K in total revenue in fiscal year 2025.

Mission

Novara broader mission is to advance human rights, democracy, gender equality, poverty reduction, open civic space, education, and locally led community impact through partnerships and values-based philanthropic support.

Program Service Accomplishments

Program 1

Current and planned activities include humanitarian programs, educational services, technology and digital learning support, capacity-building partnerships, mentorship programs, and support for...

Current and planned activities include humanitarian programs, educational services, technology and digital learning support, capacity-building partnerships, mentorship programs, and support for under-resourced communities.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $110,700

TOTAL REVENUE $110,700

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $110,256

TOTAL EXPENSES $110,256

Year-over-Year Comparison

	2025	2024	Change
Revenue	$110,700	N/A	N/A
Expenses	$110,256	N/A	N/A
Net Income	$444	N/A	N/A

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Artur Manukian	CEO	015.00	Officer Director Key Emp	$0	$0	$0
Vardan Isayan	SECRETARY	010.00	Officer Director Key Emp	$0	$0	$0
Harout Harry Semerdijian	DIRECTOR	005.00	Officer Director Key Emp	$0	$0	$0
Kendra Vernon	DIRECTOR	005.00	Director	$0	$0	$0
Armine Margaryan	DIRECTOR	005.00	Director	$0	$0	$0
Shoushan Baghboudarian	DIRECTOR	005.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$110,700	$110,256	$444	$444