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Nonprofiteer
← NOVA INSTITUTE FOR HEALTH INC

Form 990 for tax year 2024

Filed by NOVA INSTITUTE FOR HEALTH INC.

Totals

Total revenue
$2,704,547
Total expenses
$3,215,488
Contributions and grants received
$2,330,375
Grants paid
$762,187
Program service revenue
$5,021
Investment income
$369,151
Other revenue
$0
Total assets, end of year
$11,554,438
Total liabilities, end of year
$657,208
Net assets or fund balances, end of year
$10,897,230
Program services expenses (Part IX)
$2,638,194
Management and general expenses
$261,224
Fundraising expenses
$316,070
Program service expenses (Part III)
$2,638,194

Program services were 82.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $2,330,375

  • 2a · Program service revenue: OTHER INCOME

    total $5,021 · unrelated business $0 · excluded $5,021

  • 3 · Investment income

    total $217,259 · unrelated business $0 · excluded $217,259

  • 7a · Gross sales of assets other than inventory

    securities $2,822,893

  • 7b · Less cost or other basis and sales expenses

    securities $2,671,001

  • 7c · Gain or loss

    securities $151,892

  • 7d · Net gain or loss

    total $151,892 · related or exempt $0 · unrelated business $0 · excluded $151,892

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $218,181 · program services $218,181

  • 2 · Grants to domestic individuals

    total $423,579 · program services $423,579

  • 3 · Grants to foreign organizations and individuals

    total $120,427 · program services $120,427

  • 5 · Compensation of officers, directors and key employees

    total $1,308,704 · program services $988,923 · management and general $156,953 · fundraising $162,828

  • 7 · Other salaries and wages

    total $360,243 · program services $309,813 · management and general $16,760 · fundraising $33,670

  • 8 · Pension plan contributions

    total $27,361 · program services $22,978 · management and general $2,363 · fundraising $2,020

  • 9 · Other employee benefits

    total $29,913 · program services $22,975 · management and general $3,470 · fundraising $3,468

  • 10 · Payroll taxes

    total $79,188 · program services $60,873 · management and general $9,159 · fundraising $9,156

  • 11b · Fees: legal

    total $577 · program services $0 · management and general $577 · fundraising $0

  • 11c · Fees: accounting

    total $13,925 · program services $0 · management and general $13,925 · fundraising $0

  • 11f · Fees: investment management

    total $18,319 · program services $0 · management and general $18,319 · fundraising $0

  • 11g · Fees: other

    total $250,085 · program services $165,253 · management and general $2,413 · fundraising $82,419

  • 13 · Office expenses

    total $45,185 · program services $28,717 · management and general $14,106 · fundraising $2,362

  • 14 · Information technology

    total $41,495 · program services $39,871 · management and general $813 · fundraising $811

  • 16 · Occupancy

    total $30,001 · program services $23,062 · management and general $3,470 · fundraising $3,469

  • 17 · Travel

    total $29,758 · program services $25,019 · management and general $2,566 · fundraising $2,173

  • 19 · Conferences, conventions and meetings

    total $59,631 · program services $55,851 · management and general $941 · fundraising $2,839

  • 22 · Depreciation, depletion and amortization

    total $78,801 · program services $60,576 · management and general $9,114 · fundraising $9,111

  • 23 · Insurance

    total $9,818 · program services $5,263 · management and general $3,763 · fundraising $792

  • 24a · Other expenses: HONORARIA

    total $48,500 · program services $48,500 · management and general $0 · fundraising $0

  • 24b · Other expenses: PAYROLL PROCESSING

    total $1,449 · program services $1,113 · management and general $168 · fundraising $168

  • 24c · Other expenses: TAX FILING FEE

    total $300 · program services $0 · management and general $0 · fundraising $300

  • 24e · All other expenses

    total $20,048 · program services $17,220 · management and general $2,344 · fundraising $484

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $181,796 · end of year $312,469

  • 3 · Pledges and grants receivable

    beginning of year $90,976 · end of year $10,754

  • 9 · Prepaid expenses and deferred charges

    beginning of year $29,687 · end of year $38,908

  • 10a · Land, buildings and equipment: cost or other basis

    $1,682,761

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,541,345

  • 10c · Land, buildings and equipment, net

    beginning of year $217,580 · end of year $141,416

  • 11 · Investments: publicly traded securities

    beginning of year $4,336,609 · end of year $3,809,396

  • 15 · Other assets

    beginning of year $7,206,769 · end of year $7,241,495

  • 17 · Accounts payable and accrued expenses

    beginning of year $98,827 · end of year $54,371

  • 18 · Grants payable

    beginning of year $627,314 · end of year $602,837

  • 19 · Deferred revenue

    beginning of year $15,000 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $11,038,498 · end of year $10,673,452

  • 28 · Net assets with donor restrictions

    beginning of year $283,778 · end of year $223,778

Mission and programs · 2024

Mission

SEE SCHEDULE O

  • DEMONSTRATION PROJECTS: PART OF OUR WORK IS TO EXPLORE, DEVELOP, AND TEST NEW MODELS AND APPROACHES FOR HEALTH AND HEALING. THESE INCLUDE SCALABLE, REPLICABLE DEMONSTRATION PROJECTS THAT ARE BASED ON RIGOROUS RESEARCH AND HAVE REAL-LIFE IMPACT. THEY HAVE INCLUDED HELPING YOUTH IN VULNERABLE COMMUNITIES LEARN ABOUT WELLNESS AND NUTRITION, DEVELOPING CULINARY MEDICINE CURRICULUM FOR MEDICAL STUDENTS, HELPING VETERANS AND HOSPITALIZED MILITARY SUFFERING FROM TRAUMA, AND RE-ENVISIONING PRIMARY CARE TO MAXIMIZE ITS CAPACITY TO RECOGNIZE AND ADDRESS THE MYRIAD FACTORS THAT INFLUENCE A PERSONS HEALTH.

    Expenses $986,560

  • COMMUNICATION AND OUTREACH: WE RECOGNIZE THE IMPORTANCE OF GETTING SCIENCE AND EVIDENCE BASED INFORMATION TO MANY DIFFERENT AUDIENCES IN UNDERSTANDABLE AND ENGAGING FORMATS. WE WORK TO ENSURE OUR INNOVATIVE RESEARCH AND IDEAS REACH NATIONAL AND GLOBAL AUDIENCES AND CAN INSPIRE CHANGE THROUGH BETTER APPROACHES, PARTNERSHIPS AND POLICIES.

    Expenses $278,970

  • SCHOLARS/FELLOWS PROGRAM: NOVA SUPPORTS A NETWORK OF SCHOLARS AND FELLOWS THAT WORKS ACROSS DISCIPLINES TO INVESTIGATE CRITICAL QUESTIONS, SPARK FRESH THINKING AND NEW IDEAS, AND DISCOVER CUTTING-EDGE SOLUTIONS. NOVA PROVIDES SUPPORT FOR RESEARCH AND PROJECTS UNLIKELY TO ATTRACT FUNDING FROM CONVENTIONAL SOURCES, AND PROVIDES FREEDOM AND RESOURCES TO TAKE THEIR WORK IN NEW, PIONEERING DIRECTIONS RELATED TO HEALTH AND WELL-BEING. NOVA ALSO MENTORS AND SUPPORTS TALENTED YOUNG INNOVATORS WHO HAVE THE COURAGE TO PURSUE UNCHARTED COURSES.

    Expenses $1,129,863 · Grants $762,187

  • CONVENE FORUMS/TRAIN PROFESSIONALS: NOVA CONVENES FORUMS TO FACILITATE THE EXCHANGE OF IDEAS CONNECT THE DOTS ACROSS DISCIPLINES, ADVANCE SCIENCE, AND INSPIRE CREATIVITY AND IMAGINATION. FORUMS BRING TOGETHER ECLECTIC GROUPS THAT MAY INCLUDE SCIENTISTS, CONVENTIONAL AND INTEGRATIVE PRACTITIONERS, COMMUNITY LEADERS, FUNDERS, ADVOCATES, AND POLICYMAKERS

    Expenses $242,801

  • TO EXCHANGE IN OPEN DIALOGUE, SHARING OF EXPERTISE PROBLEMS FACED, AND SOLUTIONS SOUGHT. NOVAS TRAINING PROGRAMS ENABLE HEALTH PROFESSIONALS TO GAIN CAREER ENHANCING SKILLS AND KNOWLEDGE THAT ADVANCE AN INTEGRATIVE APPROACH TO HEALTH AND WELL BEING.

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • BRIAN M BERMAN MD

    PRESIDENT/CHAIRMAN

    Total calculated
    $778,403
    From this org
    $716,657
    From related orgs
    $0
    Other
    $61,746
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $716,657
    Bonus
    $0
    Other
    $0
    Deferred
    $51,957
    Nontaxable benefits
    $9,789
    Filer's total
    $778,403

  • SUSAN H BERMAN

    EXEC DIR/SECY/TREAS

    Total calculated
    $277,232
    From this org
    $221,472
    From related orgs
    $0
    Other
    $55,760
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $221,472
    Bonus
    $0
    Other
    $0
    Deferred
    $46,000
    Nontaxable benefits
    $9,760
    Filer's total
    $277,232

  • KENNETH PELLETIER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • DONALD W PHILLIPS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • PETE SUCCOSO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • RICK SCOTT

    CHIEF OPERATING OFFICER

    Total calculated
    $253,069
    From this org
    $205,694
    From related orgs
    $0
    Other
    $47,375
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $205,694
    Bonus
    $0
    Other
    $0
    Deferred
    $28,109
    Nontaxable benefits
    $19,266
    Filer's total
    $253,069

  • DAWN STOLTZFUS

    DIRECTOR OF STRATEGIC COMMUNICATIONS

    Total calculated
    $168,684
    From this org
    $147,479
    From related orgs
    $0
    Other
    $21,205
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $147,479
    Bonus
    $0
    Other
    $0
    Deferred
    $10,799
    Nontaxable benefits
    $8,755
    Filer's total
    $167,033

  • MARK WILLIAMS

    ACCTG & FINANCE MGR

    Total calculated
    $157,928
    From this org
    $136,267
    From related orgs
    $0
    Other
    $21,661
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $136,267
    Bonus
    $0
    Other
    $0
    Deferred
    $10,648
    Nontaxable benefits
    $11,013
    Filer's total
    $157,928

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Other
IN 2017, NOVA RECEIVED A LEGACY GIFT FROM AN ANONYMOUS
Other
FOUNDATION AND THESE FUNDS HAVE BEEN DESIGNATED TO COVER LEADERSHIP
Other
SALARIES. THIS DESIGNATION WILL ALLOW FUTURE PHILANTHROPIC SUPPORT
Other
TO BE APPLIED DIRECTLY TO PROGRAMS AND ACTIVITIES.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • 1407 FLEET STREET INC

    C · REAL ESTATE RENTAL · MD · 100% owned · share of income -$279,528 · share of assets $5,381,796 · controlled entity

Provenance

Return type
form_990
Tax year
2024
Filed
13 October 2025
IRS schema version
2024v5.2
Source object
202542869349300414

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