CSCharityScored
34

Sova Innovation Hub Corporation

Community Development · South Boston, Virginia

715 Wilborn Ave, South Boston, VA 24592-3123

EIN: 842208618· Founded: Dec 2019· 7 years active· Filing Year: 2023

Annual Revenue

$716K

Total Expenses

$750K

Total Assets

$1.6M

Program Spending

10%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

Not reported

All officers, directors, and key employees combined

Other Salaries & Wages

Not reported

Total Payroll

Not reported

Where the Money Goes

10%
Programs: 10%
Payroll: 0%
Other overhead: 90%
Program Revenue$74K (10%)
Total Expenses$750K (100%)
Overhead (non-program)90%

Trust Score Breakdown

Program Spending Ratio

10% of expenses go to programs

40%

Revenue & Stability

$716K annual revenue

15%

Executive Compensation

Not reported

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$1.6M in assets

10%

Similar Community Development Nonprofits in Virginia

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.