Covington Elementary Parent-Teacher Club
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 52,226 | 49,020 | 3,206 | 7.4 | — |
| 2013 | 61,186 | 51,858 | 9,328 | 9.1 | — |
| 2014 | 54,677 | 52,608 | 2,069 | 9.5 | — |
| 2015 | 51,153 | 55,956 | −4,803 | 7.9 | — |
| 2016 | 62,248 | 55,764 | 6,484 | 9.2 | — |
| 2017 | 56,567 | 46,673 | 9,894 | 13.1 | — |
| 2018 | 49,055 | 78,506 | −29,451 | 3.3 | — |
| 2019 | 56,843 | 58,858 | −2,015 | 4.0 | — |
| 2020 | 41,322 | 28,285 | 13,037 | 13.8 | — |
| 2021 | 47,229 | 45,470 | 1,759 | 9.0 | — |
| 2022 | 64,635 | 50,668 | 13,967 | 11.4 | — |
| 2023 | 56,040 | 31,583 | 24,457 | 27.6 | — |
| 2024 | 30,507 | 16,517 | 13,990 | 63.0 | — |
In its most recent public year (2024), this organization brought in $13,990 more than it spent. Its reserves stood at about 63 months of spending, up from 7.4 in 2012.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2024. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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