NOVA PRINCIPLES FOUNDATION

EIN: 821105658 501(c)(3) Human Services

LEHI, UT

Total Revenue
$137,965
Total Expenses
$121,694
Total Assets
$75,849
Net Assets
$55,731
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
UT
Phone
3853362551
Tax Period
2024-01-01 to 2024-12-31

NOVA PRINCIPLES FOUNDATION, founded in 2016, is a small nonprofit in the Human Services sector that reported $138K in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $122K left a modest 12% surplus.

Mission

NURTURING YOUTH TO SEEK OUT POSITIVE OPPORTUNITIES, INTERNALIZE GOOD VALUES, AND TO ACCEPT ACCOUNTABILITY FOR THEIR CHOICES IN LIFE.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $57,429
Program Service Revenue $80,524
Investment Income $12
Other Revenue $0
TOTAL REVENUE $137,965

Expense Breakdown

Grants Paid $0
Salaries & Benefits $47,963
Fundraising Expenses $3,600
Program Expenses $100,024
Other Expenses $73,731
TOTAL EXPENSES $121,694

Year-over-Year Comparison

2024 2023 Change
Revenue $137,965 $118,783 +0.2%
Expenses $121,694 $116,403 +0.0%
Net Income $16,271 $2,380 +5.8%
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

Sign In

Governance

Voting Members
9
Independent Members
9
Employees
1
Volunteers
653

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
2
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LYMAN GIFFORD EXECUTIVE DIRECTOR 40.00
$44,554 $0 $44,554
BART SMITH President 2.00
Officer Director
$0 $0 $0
MARLAN PLATT Treasurer 2.00
Officer Director
$0 $0 $0
LORI BELLITTI Director 1.00
Director
$0 $0 $0
CHIEF TROY STERLING Director 1.00
Director
$0 $0 $0
GREG BLACKBOURN Director 1.00
Director
$0 $0 $0
KIRK WEISLER Director 1.00
Director
$0 $0 $0
DANIEL YBARRA Director 1.00
Director
$0 $0 $0
DR PAUL JENKINS Founder 1.00
Director
$0 $0 $0
CHARLES WAKAMATSU Founder 1.00
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
2024 $137,965 $121,694 $75,849 $16,271
2023 $118,783 $116,403 $60,368 $2,380
2022 $90,273 $86,930 $47,526 $3,343
2021 $74,366 $86,196 $41,674 $-11,830
2020 $100,304 $90,647 $49,680 $9,657
2019 $494,288 $436,721 $63,107 $57,567
Explore More Nonprofits
Top 100 Nonprofits in Utah Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare NOVA PRINCIPLES FOUNDATION with other nonprofits in Utah and across the country.