Covington Business Council Foundaiton Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 217,561 | 260,400 | −42,839 | 5.1 | 73% |
| 2012 | 162,002 | 246,650 | −84,648 | 1.3 | — |
| 2013 | 84,985 | 108,145 | −23,160 | 0.3 | — |
| 2014 | 153,109 | 146,786 | 6,323 | 0.7 | — |
| 2015 | 110,052 | 12,513 | 97,539 | 102.0 | — |
| 2016 | 4,089 | 29,781 | −25,692 | 32.5 | — |
| 2017 | 50,023 | 104,012 | −53,989 | 3.1 | — |
| 2018 | 230,001 | 141,589 | 88,412 | 9.8 | 0% |
| 2019 | 50,370 | 136,059 | −85,689 | 2.6 | 0% |
| 2020 | 5,000 | 21,082 | −16,082 | 7.6 | 0% |
| 2021 | 71,672 | 38,274 | 33,398 | 14.7 | — |
| 2022 | 50,795 | 17,905 | 32,890 | 53.4 | — |
| 2023 | 52,526 | 48,629 | 3,897 | 20.6 | — |
In its most recent public year (2023), this organization brought in $3,897 more than it spent. Its reserves stood at about 20.6 months of spending, up from 5.1 in 2011.
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 2023. 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
Covington Business Council Foundaiton Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works