Virginia · Nonprofit

NOVEC Helps

NOVEC Helps (Virginia) is funded by 2 grantmakers whose IRS filings report $2,855 in grants to it, the largest being COMMONWEALTH CONSULTANTS FOUNDATION ($2,050). 2 of them have funded it in more than one year.

$53k

Revenue FY2024

Funders on record

$3k

Grants received

$104k

Net assets

2/2 repeat funders

Against its field

NOVEC Helps runs a healthier operating margin than three-quarters of the 14,240 human services nonprofits its size.

Operating margin68% · top quartile

this organization peer median middle 50% of peers· 14,240 human services nonprofits under $100k, FY2024

01The organization over time

02Who funds it

Who funds it, year by year

Grant income rose $665 → $762 on a roughly flat funder count — a concentrated base.

'20

'21

'22

'23

total

Commonwealth Consultants Foundation

$2k

Amazonsmile FoundationDAF

$805

funders

1 of 2 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 28% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of NOVEC Helps’s funders (the co-funder graph). Association, not causation.

How concentrated its funding is

NOVEC Helps leans on a few funders — its largest provides 72% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

72%

largest funder

100%

top three

effective funders

Largest funder’s share by year: 2020 83% · 2021 82% · 2022 61% · 2023 66% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration.

Where its funders are

NOVEC Helps is locally rooted: 72% of its grant income comes from Virginia funders.

In-state vs out-of-state, by year

’20

’21

’22

’23

Virginia out of state home

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

04Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Questions and answers

Who funds NOVEC Helps?: NOVEC Helps (Virginia) is funded by 2 grantmakers whose IRS filings report $2,855 in grants to it, the largest being COMMONWEALTH CONSULTANTS FOUNDATION ($2,050). 2 of them have funded it in more than one year.
How many funders does NOVEC Helps have?: IRS filings report 2 grantmakers giving $2,855 in grants to NOVEC Helps, 2 of which have funded it in more than one year.
Who is the largest funder of NOVEC Helps?: COMMONWEALTH CONSULTANTS FOUNDATION is the largest funder on record, with $2,050 in grants. The full list of funders is on this page.
How can an organization like NOVEC Helps find more funders?: Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Every figure is read directly from IRS Form 990 / 990-PF e-file XML — this organization’s own return for FY2024 (financials across 2024–2024), and the filings of 2funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. view filing

Loading…

Questions and answers

Who funds NOVEC Helps?

How many funders does NOVEC Helps have?

IRS filings report 2 grantmakers giving $2,855 in grants to NOVEC Helps, 2 of which have funded it in more than one year.

Who is the largest funder of NOVEC Helps?

COMMONWEALTH CONSULTANTS FOUNDATION is the largest funder on record, with $2,050 in grants. The full list of funders is on this page.

How can an organization like NOVEC Helps find more funders?

Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.