Nonprofit screen
Screen a listSova Innovation Hub Corporation
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS listing
- Listed
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$716krevenue
FY2025 · −20% in 3 yrs6 of 6years filed
’20’21’22’23’24’25
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2025
Operating margin−4.6%
Months of reserve9.3mo
Revenue growth (annualized)+25.8%
Middle half of peersMedianSova Innovation Hub
Where the money goes FY2025 · $749k spent
Programs$446k60%Management and general$303k40%990 FY2025 · Part IX line 25
Worth checking2
Government grants fell 81% in FY2024
$295k in FY2023, $55k in FY2024.
990 Part VIIIDeficits in 3 of the last 3 years
−$34k in FY2023, −$9k in FY2024 and −$33k in FY2025. Cash covers 9.3 months, above the peer median of 7.9.
990 Part I and balance sheetIn its favor1
Growing faster than peers
Revenue up 26% a year since FY2020, in the top quarter of similar nonprofits.
990 Part I · peer cohort2funders
$571ka year, last 3 years
55%from its largest funder
Funder’20’21’22’23Mid-Atlantic Broadband Communities CorporationEvery year since FY2020$125k$272k$250k$250kDonor-advised giftsDonors not disclosed$625k$100k$218k
FundedThrough a donor-advised fund