Coventry Place Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 338,630 | 386,822 | −48,192 | 97.6 | 0% |
| 2021 | 301,787 | 388,402 | −86,615 | 94.6 | 0% |
| 2022 | 328,578 | 435,794 | −107,216 | 81.3 | 0% |
| 2023 | 405,533 | 471,250 | −65,717 | 73.5 | 0% |
In its most recent public year (2023), this organization spent $65,717 more than it brought in. Its reserves stood at about 73.5 months of spending, down from 97.6 in 2020. Staff pay was 0% of spending. $3,991,500 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 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
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