The Nova School Association

EIN: 911554519 501(c)(3) Education

Olympia, WA

Total Revenue
$2,439,854
Total Expenses
$2,281,726
Total Assets
$2,688,138
Net Assets
$2,371,035
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Financial Trends

Organization Details

Formation Year
1992
Legal Domicile
WA
Principal Officer
Tiffany Price
Phone
3604917097
Tax Period
2024-07-01 to 2025-06-30

The Nova School Association, founded in 1992, is a community nonprofit in the Education sector that reported $2.4M in total revenue in fiscal year 2024. Expenses of $2.3M left a modest 6% surplus.

Mission

NOVA's vision is to cultivate lifelong learning and to advance a compassionate, engaged society through an educational program designed for highly capable students in grades 68. The full-time program promotes intellectual, social, and emotional development through a rigorous curriculum that affirms individual identity, fosters self-empowerment, and strengthens a sense of community.

Program Service Accomplishments

Program 1
Expenses: $1,247,646 Revenue: $2,215,103

NOVA, the only independent middle school dedicated to highly capable learners in Olympia, Washington, provides a comprehensive education that extends beyond an advanced curriculum, fostering...

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NOVA, the only independent middle school dedicated to highly capable learners in Olympia, Washington, provides a comprehensive education that extends beyond an advanced curriculum, fostering intellectual, social, and emotional growth. Through student-driven enrichment coursesranging from the arts to technologystudents are empowered to take ownership of their learning. Core subjects integrate opportunities for student-led projects, while the seventh-grade service requirement encourages meaningful volunteer engagement. In eighth grade, each student completes a year-long capstone project under the guidance of a mentor, culminating in a formal presentation to the school community. NOVA graduates emerge as confident, compassionate leaders prepared to make a positive impact in their communities.

Program 2
Expenses: $402,750

NOVA regards enrollment as an investment in the future, providing more than an education through a holistic approach that supports each student's growth and well-being. This philosophy extends to the...

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NOVA regards enrollment as an investment in the future, providing more than an education through a holistic approach that supports each student's growth and well-being. This philosophy extends to the school's need-based financial aid program, which is guided by quantitative data to ensure fairness and consistency. NOVA is committed to making its educational experience accessible to all students who can benefit, regardless of financial circumstances. During the 2024-2025 academic year, approximately 40% of students received financial assistance, with awards covering up to 90% of tuition. In addition, the school offers flexible tuition payment options to accommodate a wide range of family financial situations.

Program 3
Expenses: $26,981 Revenue: $41,825

Each year, NOVA offers a two-week summer camp for children entering grades 4 through 6 in the fall. The program features a diverse selection of engaging classes, most of which are led by current NOVA...

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Each year, NOVA offers a two-week summer camp for children entering grades 4 through 6 in the fall. The program features a diverse selection of engaging classes, most of which are led by current NOVA faculty or alumni. To further strengthen community connections, many current students and alumni return as volunteers. The camp's primary purpose is to introduce younger learnersand potential future studentsto the NOVA experience, fostering curiosity, creativity, and a love of learning.

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

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $89,955
Program Service Revenue $2,256,928
Investment Income $99,374
Other Revenue $-6,403
TOTAL REVENUE $2,439,854

Expense Breakdown

Grants Paid $404,588
Salaries & Benefits $1,370,098
Fundraising Expenses $35,710
Program Expenses $1,677,377
Other Expenses $507,040
TOTAL EXPENSES $2,281,726

Year-over-Year Comparison

2024 2023 Change
Revenue $2,439,854 $2,263,350 +0.1%
Expenses $2,281,726 $2,155,079 +0.1%
Net Income $158,128 $108,271 +0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
13
Independent Members
7
Employees
42
Volunteers
150

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
6
$238,501
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jocelyn Wood President 1.00
Officer Director
$0 $0 $0
Ryan Black Vice President 1.00
Officer Director
$0 $0 $0
Carlos Garcia Treasurer 1.00
Officer Director
$0 $0 $0
Katie Russell Secretary 1.00
Officer Director
$0 $0 $0
Celeste Trimble Trustee 1.00
Director
$0 $0 $0
Betsy Hildreth Trustee 1.00
Director
$0 $0 $0
Jasmit Singh Trustee 1.00
Director
$0 $0 $0
Trina Delaney Trustee 1.00
Director
$0 $0 $0
Elise Garcia Trustee 1.00
Director
$0 $0 $0
Carly Michael Trustee 1.00
Director
$0 $0 $0
Kathleen Clark Trustee 1.00
Director
$0 $0 $0
Caroline Flores Trustee 1.00
Director
$0 $0 $0
Tiffany Price Head of School 50.00
Officer
$129,367 $15,535 $144,902
Paula Bjornson Business and Operations Ma 40.00
Officer
$80,229 $13,370 $93,599
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 $2,439,854 $2,281,726 $2,688,138 $158,128
2024 $2,263,350 $2,155,079 $2,475,404 $108,271
2023 $1,970,536 $1,921,370 $2,285,457 $49,166
2022 $1,860,357 $1,954,325 $2,270,197 $-93,968
2021 $2,232,174 $1,902,880 $2,450,111 $329,294
2020 $2,115,144 $2,037,908 $2,360,813 $77,236
2019 $2,005,931 $1,981,200 $2,088,484 $24,731
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