NOVA-RO CORPORATION (EIN 942318537) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1975

Legal Domicile

Principal Officer

BURTON HOFFMAN

Phone

4158984024

Tax Period

2024-07-01 to 2025-06-30

NOVA-RO CORPORATION, founded in 1975, is a community nonprofit in the Housing & Shelter sector that reported $1.7M in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. The organization ran a surplus of $591K, a strong 35% operating margin.

Mission

TO PROVIDE LOW TO MODERATE INCOME RENTAL FACILITIES FOR QUALIFIED LOW INCOME ELDERLY PEOPLE OVER THE AGE OF 62

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Trantor Score

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

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $50

Program Service Revenue $1,304,103

Investment Income $382,791

Other Revenue $0

TOTAL REVENUE $1,686,944

Expense Breakdown

Grants Paid $0

Salaries & Benefits $157,832

Fundraising Expenses $0

Program Expenses $1,053,601

Other Expenses $938,280

TOTAL EXPENSES $1,096,112

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,686,944	$1,424,431	+0.2%
Expenses	$1,096,112	$909,037	+0.2%
Net Income	$590,832	$515,394	+0.1%

Key Indicators

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

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Financial Health Indicators

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

Governance

Voting Members

Independent Members

Employees

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

$116,922

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BURTON HOFFMAN	EXECUTIVE DIRECTOR	20	Director	$116,922	$0	$116,922
SUZANNE BALES	DIRECTOR	1	Director	$0	$0	$0
JIM CARRIERE	TREASURER	1	Officer Director	$0	$0	$0
TIFFANY FISCHER	DIRECTOR	1	Director	$0	$0	$0
LARRY HARRISON	DIRECTOR	1	Director	$0	$0	$0
CHUCK HILDEBRAND	DIRECTOR	1	Director	$0	$0	$0
PETER OSER	VICE PRESIDENT	1	Officer Director	$0	$0	$0
JORGE PUHR WESTERHEIDE	DIRECTOR	1	Director	$0	$0	$0
MARTY WICKENHEISER	SECRETARY	1	Officer Director	$0	$0	$0
DEAN HEFFELFINGER	PRESIDENT	1	Officer	$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	$1,686,944	$1,096,112	$9,145,507	$590,832
2024	$1,424,431	$909,037	$8,409,048	$515,394
2023	$1,302,386	$877,475	$7,577,873	$424,911
2022	$1,409,375	$843,560	$7,041,441	$565,815
2021	$1,301,548	$779,836	$7,008,757	$521,712
2020	$1,191,802	$782,332	$6,137,820	$409,470
2019	$1,185,111	$814,252	$5,729,852	$370,859

NOVA-RO CORPORATION