Annadale, VA
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)Northern Virginia Community College Educational Foundation Inc, founded in 1979, is a community nonprofit that reported $6.1M in total revenue in fiscal year 2024. Revenue surged 92% from the prior year, signaling strong growth momentum. Expenses of $7.5M exceeded revenue, resulting in a 22% operating deficit.
NOVA Foundation supports the college's goal of providing all students with a high-quality, life-changing education. The Foundation raises private funds to enhance nova programs, create student scholarships and offer awards to faculty for programs not supported by state funds.
Support of College Programs: The NOVA Foundation exists to significantly increase private philanthropy to build a strong endowment, secure resources to fund NOVA's strategic priorities and sustain...
Support of College Programs: The NOVA Foundation exists to significantly increase private philanthropy to build a strong endowment, secure resources to fund NOVA's strategic priorities and sustain initiatives that strengthen the college's community partnerships. The Foundation supports unmet academic and student services needs and workforce programs on all six campuses and through NOVA online. It provides awards to faculty and staff annually for programs and professional development not covered by the state budget.
Student Scholarships and Grants: The NOVA Foundation assists students in obtaining necessary financial resources needed to complete their program of study at Northern Virginia Community College as...
Student Scholarships and Grants: The NOVA Foundation assists students in obtaining necessary financial resources needed to complete their program of study at Northern Virginia Community College as well as monetary assistance to students to abate short-term financial crises. We educate donors about student needs including the unique challenges facing first generation college students to secure private donations. These scholarships and grants help to remove financial barriers for NOVA students. Our scholarship program consists of more than 325 endowed and annual scholarship funds. This translates to more than 600 individual scholarship awards throughout the year.
Registrations: Supporting college programs through collecting program registrations and facilitating payments from these funds.
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%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $6,133,326 | $3,190,059 | +0.9% |
| Expenses | $7,484,726 | $3,187,984 | +1.3% |
| Net Income | $-1,351,400 | $2,075 | -652.3% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Jennifer Mulchandani | Ex Officio Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Erin Hogan | Chair-Left | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Michael Forehand | Chair | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Joe Teipe | Vice Chair | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Julia Lafferty | Co-Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Victoria Leone | Co-Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Anne Kress | President, NOVA | 1.00 |
Director
|
$0 | $0 | $0 |
| Rosie O'Neil | Chair of the Governance Co | 1.00 |
Director
|
$0 | $0 | $0 |
| Debi Alexander | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Kristina Bouweiri | Director-Left | 1.00 |
Director
|
$0 | $0 | $0 |
| Thomas W Minnick | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| John Porter | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Buddy Rizer | Director- Left | 1.00 |
Director
|
$0 | $0 | $0 |
| Matt Shank | Director-Left | 1.00 |
Director
|
$0 | $0 | $0 |
| Zuzana Steen | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| John Clarke | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Donna Shaw | Co-Chair | 1.00 |
Director
|
$0 | $0 | $0 |
| Steve Partridge | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Wade Tetsuka | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Carolyn Welch | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Gaston Araoz | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Kelly Persons | Executive Director | 60.00 |
Officer
|
$0 | $54,698 | $249,021 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $6,133,326 | $7,484,726 | $38,017,894 | $-1,351,400 |
| 2024 | $3,190,059 | $3,187,984 | $38,741,585 | $2,075 |
| 2023 | $3,781,761 | $2,606,377 | $35,797,686 | $1,175,384 |
| 2022 | $7,833,373 | $1,787,987 | $31,905,189 | $6,045,386 |
| 2021 | $8,524,756 | $1,533,829 | $29,982,728 | $6,990,927 |
| 2020 | $1,758,793 | $2,327,494 | $24,546,845 | $-568,701 |
| 2019 | $2,128,383 | $1,945,996 | $24,165,673 | $182,387 |
| 2018 | $2,776,402 | $1,751,256 | $23,874,811 | $1,025,146 |
Compare Northern Virginia Community College Educational Foundation Inc with other nonprofits in Virginia and across the country.