Nova Youth Ensembles Incorporated

Nonprofit profile at a glance

EIN
334360858
IRS 990-EZ coverage
2024–2025
Forms available
Form 990-EZ 2025
Location
Herndon, VA, USA
Phone
2023091771
Rating
91
Verdict
STRONG
Rating confidence
Moderate
Sector
Student Services, Organizations of Students

Reported finances

Revenue
$5,801
Expenses
$1,927
Assets
$4,650

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • Laura Readyoff (Executive Director)
  • Megan DuBois (President)
  • Becky Leakway (Vice President)

People named in this filing

  • Laura Readyoff (Executive Director)
  • Megan DuBois (President)
  • Saira Sufi (Board Member)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of our youth ensemble is to provide an accessible high-quality musical experience that embraces economic diversity and fosters artistic growth. We are committed to offering an affordable educational and engaging environment where young musicians can develop their skills cultivate a deep appreciation for music and participate in a collaborative community. Through this inclusive approach we aim to inspire excellence promote cultural understanding and nurture the personal and musical development of every member.

What it reported doing in 2025

Multiple musical performances

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filed totals do not add up and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 99
  • Transparency & Controls: 82
  • Sustainability: 71
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 98.3%; rating input score 98
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 66.8%; rating input score 94; 94th percentile among comparable filings
  • Total-asset coverage ratio: 2.41; rating input score 70; 70th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 161.9% per year; rating input score 100; 99th percentile among comparable filings
  • Revenue growth: 58.7% per year; rating input score 100; 97th percentile among comparable filings
  • Asset growth: 50.3% per year; rating input score 100; 95th percentile among comparable filings

Details

  • Where the money goes: 98.3% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $6K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 6 of 7 current checks pass · 1 finding to review
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2024 to 2025
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Transparency & Controls: Part III program expenses within total did not reconcile in the filed values.
  • Review — Sustainability: Officer compensation ratio scored 56/100.