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Texas · Nonprofit

What if We Could

What if We Could (Texas) receives grants from 7 organizations whose IRS filings report $121,365 to it, the largest being M R and Evelyn Hudson Foundation ($85,399). 2 of them have funded it in more than one year.

Revenue FY2025
$1.6M
Funders on record
7
Grants received
$121k
Net assets
$382k
2/7 repeat funderspeak grant-dependency 8%
01What it does

What What if We Could does

Mission

The Novus Academy is a creative, innovative, vibrant independent school for bright students (kindergarten through 12th grade) with learning disabilities.

As stated on its FY2025 Form 990.

Program

  1. The Novus Academy established nonprofit school for children from kindergarten to 12th grade within the DFW Metroplex. The school specializes in children who learn differently by providing innovative instruction and scoial and emotional supports. The school year begins in August (after the intial return is due).

    $1,388,532 spent$1,563,195 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $1,388,532.

02The organization over time

The organization over time

Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20212021 Revenue 100 ($1.4M) Expenses 100 ($1.4M) Net assets 100 ($381k)2022 Revenue 142 ($1.9M) Expenses 103 ($1.5M) Net assets 216 ($821k)2023 Revenue 106 ($1.4M) Expenses 107 ($1.5M) Net assets 182 ($694k)2024 Revenue 166 ($2.3M) Expenses 156 ($2.3M) Net assets 182 ($692k)2025 Revenue 114 ($1.6M) Expenses 129 ($1.9M) Net assets 100 ($382k)
20212022202320242025
Revenue (114)Expenses (129)Net assets (100)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $1.3M to $4.4M (+247%).

$1.1M
$1.2M
$1.2M
$1.3M
$4.4M
20212022202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

1% of What if We Could’s revenue is contributions — more earned-revenue than three-quarters of its peers (48% for the typical peer).

This organization
Typical peer · 12,352 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 5 reported years ran a deficit.

−$84k
’21
$440k
’22
−$105k
’23
$1k
’24
−$311k
’25
5.4
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

20212022202320242025
Listed77677
Joined·+4+0+1+2
No longer listed·4102
03Who funds it

Who funds it, year by year

2018 → 2023: the base held at 1 funder, grant income fell $1k → $100.

4 of 7 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 29% 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 What if We Could’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

What if We Could leans on a few funders — its largest provides 70% of grant income and the top three 98%; half comes from just 1 funder.

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

29% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund What if We Could.

70%
largest funder
98%
top three
~2
effective funders

Largest funder’s share by year: 2018 100% · 2020 100% · 2021 82% · 2022 100% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

99% of What if We Could's grant income comes from Texas funders.

MO
VA
TX

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

’21
’23
Texas out of state home

Funder states come from each funder’s own filing. $35k arriving through sponsors registered in 3 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

What if We Could is better cushioned than half of the 9,398 education nonprofits its size.

Operating margin−20% · bottom quartile
Months of reserve5.4mo · above the median
Revenue growth (annualized)3% · below the median

this organization peer median middle 50% of peers· 9,398 education nonprofits $1M–$10M, FY2025

Organizations like What if We Could

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Texas

Nationally

05Profile & governance

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

Where the money goes

74% of spending goes to programs.

Program 74%Management 17%Fundraising 9%

Governance

6
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

0%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for What if We Could: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds What if We Could?
What if We Could (Texas) receives grants from 7 organizations whose IRS filings report $121,365 to it, the largest being M R and Evelyn Hudson Foundation ($85,399). 2 of them have funded it in more than one year.
How many funders does What if We Could have?
IRS filings report 7 organizations giving $121,365 in grants to What if We Could, 2 of which have funded it in more than one year.
Who is the largest funder of What if We Could?
M R and Evelyn Hudson Foundation is the largest funder on record, with $85,399 in grants. The full list of funders is on this page.
How can an organization like What if We Could find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Texas. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds What if We Could →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2021–2025), and the filings of 7 funders 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. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing