Hovnanian School Inc

Hovnanian School Inc. is a nonprofit educational institution located in New Milford, New Jersey. Established in 1976, it serves approximately 138 students from prekindergarten through 8th grade.

Mission and Education

The primary mission of Hovnanian School Inc. is to provide a comprehensive education that integrates the regular public school curriculum with classes in Armenian language and history. This unique approach aims to preserve Armenian culture and heritage for its students. The school operates on a model that emphasizes academic scholarship, linguistic skills, particularly in Armenian and English, and a focus on cultural identity.

Accreditation and Recognition

Hovnanian School is fully accredited by both the Middle States Association of Colleges and Schools and the New Jersey Association of Independent Schools. The rigorous accreditation process ensures that the school meets all standards set forth by the accrediting bodies, making its transcripts recognized by other institutions.

Programs and Activities

The school offers a range of programs, including a summer program with activities such as arts, music, and recreational sports. Extracurricular activities include clubs for math, public speaking, video game coding, musical theater, and woodworking. Hovnanian School also provides early childcare services through its Child Care Center, focusing on social, emotional, cognitive, and physical growth.

Financial Overview

Hovnanian School Inc. is recognized for its strong financial management, with a high rating on Charity Navigator for accountability and finance. The organization has a robust financial situation with a low liabilities-to-assets ratio, indicating fiscal health. However, it faces challenges in governance, lacking certain transparency measures like whistleblower policies.

Governance and Leadership

The school's leadership is headed by Hilda Baronian, who serves as the Chairman. The organization has a multi-cultural and student-centered approach to learning, emphasizing personal attention and growth through a low student-to-teacher ratio.

Tuition and Financial Aid

The yearly tuition for grades K-8 is approximately $13,500, with financial aid available to a portion of the students. The average financial aid grant is around $4,831.

Hovnanian School Inc. operates as a not-for-profit entity, registered as a 501(c)(3) organization, ensuring that donations are tax-deductible.