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California · Public charity

Novacomm

NOVACOMM's mission is to create jobs and educate southern california's high-tech community at large, primarily through the evonexus incubator.

$48k
Granted FY2022
1
Grants FY2022
1
Organizations funded FY2022
0%
First-time grantees FY2022
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Median grant, FY2022
$48,000
Largest grant, FY2022
$48,000
Organizations funded a year
1 to 1
FY2017 to FY2022
States reached, FY2022
1
Total assets, FY2022
$3k

How open it is to new grantees

In FY2022, 0% of the organizations Novacomm funded were first-time grantees, receiving 0% of its grant dollars.

New vs renewed · share of each year

In FY2022, 100% of grant dollars renewed an existing relationship; $0 went to new ones.

50%100%’18’19’20’22
RenewedFirst-time
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.
The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY20221$48k0%
FY20201$59k0%
FY20191$88k0%
FY20181$15k0%
FY20171$55kn/a
100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2022.

Community Improvement$265k

Top grantees

Largest recipients by total granted, FY2017 to FY2022, and the share of each one’s budget the grants supplied at peak.

GranteeTotal grantedYearsShare of their budget
Evonexus$264,50054%

Compare Novacomm with peer funders

About Novacomm

How much does Novacomm give?
Novacomm reported 1 grants totaling $48,000 in its FY2022 IRS filing. It funded between 1 and 1 organizations a year over FY2017 to FY2022.
What does Novacomm fund?
By grant dollars over FY2017 to FY2022, its largest causes are Community Improvement (100%).
Who are Novacomm's largest grantees?
By total granted over FY2017 to FY2022: Evonexus ($265k).
Does Novacomm fund new organizations?
In FY2022, 0% of the organizations it funded were first-time grantees.
Where is Novacomm based?
Novacomm is based in CA.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 1 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990 e-file return for fiscal year 2022, released 2022. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Possibly out of date. A more recent filing (FY2025) is on record and reports no grant expense, so the figures above are from FY2022, the most recent year this funder made grants.

Source object · view filing

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More from the funding graph

The unnamed billions
grants reported with no recipient in the public record
The regranting layer
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The endowment market
who holds foundation money, and what just moved
The camps
funders cluster by geography, not ideology
By state
where grant money is based, and what stays home