BEducationEIN: 222126689· Ruling Year: 1977

Hovnanian School Inc

New Milford, New Jersey

B+Health Score
67B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 4 peers in Education with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org2.46×
Peer Median20.77×
💰
$3.3M
Total Revenue
📊
$3.5M
Total Expenses
🏦
$8.6M
Net Assets
📋
$1.8M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-68.1%
Year-over-year change (2022 → 2023)
Net Margin
-6.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.46
Net assets divided by total expenses
Liabilities-to-Assets
17.7%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$3,280,23368%$3,480,161$10,410,4342%
2022$10,280,451170%$3,473,11420%$10,637,594138%
2021$3,802,68066%$2,892,7008%$4,472,85124%
2020$2,297,30222%$2,678,17611%$3,611,1195%
2019$2,927,7071%$3,012,0294%$3,797,4842%
2018$2,948,6888%$3,128,2569%$3,868,4931%
2017$2,729,1125%$2,859,2315%$3,819,8887%
2016$2,882,7722%$2,716,3772%$4,101,7725%
2015$2,931,98813%$2,672,4544%$3,896,52120%
2014$2,594,07614%$2,778,07126%$3,237,767
2013$2,271,966$2,205,5912%$3,225,3222%
2012$2,281,9068%$2,168,8442%$3,151,421
2011$2,110,664$2,129,057$3,154,586

Frequently Asked Questions

What does Hovnanian School Inc do?

Hovnanian School Inc is a education nonprofit organization based in New Jersey. It is classified under NTEE code B24Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Hovnanian School Inc financially healthy?

Based on our 9-metric Financial Health Score model, Hovnanian School Inc has a score of 67/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Hovnanian School Inc generate?

Hovnanian School Inc reports $4.6M in annual revenue and holds $11.0M in total assets, based on IRS filings.

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