Olympia, WA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)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.
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.
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...
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.
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...
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.
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...
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.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 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% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| 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 |
| 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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