Kovar Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 623,169 | 446,202 | 176,967 | 63.1 | 0% |
| 2013 | 576,095 | 611,642 | −35,547 | 45.4 | 0% |
| 2014 | 501,118 | 386,544 | 114,574 | 75.5 | 0% |
| 2015 | 535,317 | 479,390 | 55,927 | 62.2 | 0% |
| 2016 | 641,618 | 475,487 | 166,131 | 67.1 | 0% |
| 2017 | 571,378 | 554,746 | 16,632 | 57.7 | 0% |
| 2018 | 546,793 | 634,787 | −87,994 | 48.6 | 0% |
| 2019 | 569,783 | 660,856 | −91,073 | 45.2 | 0% |
| 2020 | 455,958 | 506,063 | −50,105 | 57.9 | 0% |
| 2021 | 511,585 | 395,382 | 116,203 | 77.6 | 0% |
| 2022 | 593,886 | 395,164 | 198,722 | 83.4 | 0% |
| 2023 | 661,470 | 695,067 | −33,597 | 46.8 | 0% |
| 2024 | 724,185 | 800,536 | −76,351 | 39.5 | 0% |
In its most recent public year (2024), this organization spent $76,351 more than it brought in. Its reserves stood at about 39.5 months of spending, down from 63.1 in 2012. Staff pay was 0% of spending. $50,000 of its net assets are donor-restricted.
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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