Nova Health Systems Inc
EIN: 741747301 · San Antonio, TX
| Metric | Value |
|---|---|
| Total Expenses | $1.8M |
| Net Assets | $888K |
Is Nova Health Systems Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Nova Health Systems Inc
Nova Health Systems Inc (EIN: 741747301) is a nonprofit organization based in San Antonio, TX. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nova Health Systems Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nova Health Systems Inc is a mid-size nonprofit, with 7 years of IRS 990 filings on record (2012–2018). Revenue has grown at a compound annual rate of -7.8%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6M |
| Total Expenses | $1.8M |
| Surplus / Deficit | $-213,127 |
| Total Assets | $888K |
| Net Assets | $888K |
| Operating Margin | -13.7% |
| Months of Reserves | 6.0 months |
Financial Health Grade: B
In 2018, Nova Health Systems Inc reported a deficit of $213K with expenses exceeding revenue, holds 6.0 months of operating reserves (strong position).
Financial Trends
Over 7 years of filings (2012–2018), Nova Health Systems Inc's revenue has declined at a compound annual growth rate (CAGR) of -7.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | -3.1% | +3.5% | -19.4% |
| 2017 | -8.3% | +8.8% | -8.6% |
| 2016 | +12.2% | +0.2% | +3.6% |
| 2015 | -25.4% | -26.0% | +12.5% |
| 2014 | -14.3% | -26.2% | -2.8% |
AI Analysis Pending
AI enrichment for Nova Health Systems Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Nova Health Systems Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $213K, with expenses exceeding revenue.
Frequently Asked Questions about Nova Health Systems Inc
Is Nova Health Systems Inc a legitimate charity?
Nova Health Systems Inc (EIN: 741747301) is a registered tax-exempt nonprofit based in Texas. It has 7 years of IRS 990 filings on record. No red flags identified. Financial health grade: B.
How does Nova Health Systems Inc spend its money?
Nova Health Systems Inc reported its financials in IRS 990 filings. 7 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Nova Health Systems Inc tax-deductible?
Nova Health Systems Inc is registered as a tax-exempt nonprofit (EIN: 741747301). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Nova Health Systems Inc located?
Nova Health Systems Inc is headquartered in San Antonio, Texas and files with the IRS under EIN 741747301.
How many years of IRS 990 filings does Nova Health Systems Inc have?
Nova Health Systems Inc has 7 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Nova Health Systems Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2012–2018), Nova Health Systems Inc's revenue has declined by 38.5%, moving from $2.5M to $1.6M. Total assets decreased by 40.6% over the same period, from $1.5M to $888K. Total functional expenses fell by 30.6%, from $2.6M to $1.8M. In its most recent filing year (2018), Nova Health Systems Inc reported a deficit of $213K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $1.6M | $1.8M | $888K | $0 | — | — |
| 2017 | $1.6M | $1.7M | $1.1M | $6 | — | View 990 |
| 2016 | $1.8M | $1.6M | $1.2M | $41 | — | View 990 |
| 2015 | $1.6M | $1.6M | $1.2M | $138K | — | View 990 |
| 2014 | $2.1M | $2.1M | $1.0M | $0 | — | View 990 |
| 2013 | $2.4M | $2.9M | $1.1M | $0 | — | View 990 |
| 2012 | $2.5M | $2.6M | $1.5M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $1.6M, expenses of $1.8M, and assets of $888K (revenue -3.1% year-over-year).
- 2017: Revenue of $1.6M, expenses of $1.7M, and assets of $1.1M (revenue -8.3% year-over-year).
- 2016: Revenue of $1.8M, expenses of $1.6M, and assets of $1.2M (revenue +12.2% year-over-year).
- 2015: Revenue of $1.6M, expenses of $1.6M, and assets of $1.2M (revenue -25.4% year-over-year).
- 2014: Revenue of $2.1M, expenses of $2.1M, and assets of $1.0M (revenue -14.3% year-over-year).
- 2013: Revenue of $2.4M, expenses of $2.9M, and assets of $1.1M (revenue -3.7% year-over-year).
- 2012: Revenue of $2.5M, expenses of $2.6M, and assets of $1.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nova Health Systems Inc:
Data Sources and Methodology
This transparency report for Nova Health Systems Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.