Nova Labs Inc
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- Only 34% of its spending went to programs.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
EDUCATION AND INNOVATION - NOVA LABS PROVIDES A FACILITY FOR MEMBERS OF THE COMMUNITY TO DESIGN AND FABRICATE TECHNICAL AND INDUSTRIAL WORKS. NOVA LAB VOLUNTEERS ALSO PROVIDE EDUCATIONAL PROGRAMS, THROUGH CLASSES, TRAINING AND HANDS-ON WORKSHOPS.
- Income
- $1.6 million
- Spending
- $1.4 million
- Spent on programs
- 34%
- Reserves
- -32 months of spending
- Largest source of income
- donations and private grants, 73%
- Employees
- 15
- Volunteers
- 150
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 35 out of 100. Higher than 3% of charities in its peer group (philanthropy, $1m to $10m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
5 of 20It owes 68% of what it owns.
Living within its means
15 of 15Income exceeded spending by 16% of income.
Income trend
15 of 15Income rose 14% on the year before.
Spending floor
0 of 1534% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Weak: 49 out of 100. Higher than 9% of charities in its peer group (philanthropy, $1m to $10m).
Independent board
25 of 2511 of 11 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Independent check of accounts
0 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $18,560 spent. OUTREACH: NOVA LABS SPONSORS AN ANNUAL MAKER FAIRE EVENT IN THE NORTHERN VIRGINIA REGION. THE EVENT SHOWCASES MAKERS AND THEIR PROJECTS AND IS INTENDED TO PROMOTE COMPETENCE IN TECHNICAL AND INDUSTRIAL ARTS.
- $116,622 spent. NOVA LABS PROVIDES A FACILITY FOR MEMBERS OF THE COMMUNITY TO DESIGN AND FABRICATE TECHNICAL AND INDUSTRIAL WORKS.
- $329,700 spent. EDUCATION & INNOVATION-NOVA LABS VOLUNTEERS PROVIDE EDUCATION PROGRAMS IN THE FORM OF CLASSES, TRAINING, AND HANDS-ON WORKSHOPS.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since July 2014.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.