Covenant Living Of Florida Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 16,787,244 | 18,772,661 | −1,985,417 | -1.3 | 27% |
| 2013 | 16,436,239 | 19,004,028 | −2,567,789 | -2.9 | 30% |
| 2014 | 17,809,458 | 19,813,361 | −2,003,903 | -3.9 | 29% |
| 2015 | 18,203,778 | 19,488,791 | −1,285,013 | -4.8 | 29% |
| 2016 | 18,985,655 | 21,808,232 | −2,822,577 | -5.9 | 29% |
| 2017 | 19,685,676 | 21,495,467 | −1,809,791 | -7.0 | 30% |
| 2018 | 20,392,621 | 21,854,027 | −1,461,406 | -7.7 | 28% |
| 2019 | 14,787,971 | 14,985,696 | −197,725 | -12.1 | 30% |
| 2020 | 22,678,608 | 22,536,927 | 141,681 | -7.9 | 32% |
| 2021 | 22,741,571 | 23,370,017 | −628,446 | -7.8 | 30% |
| 2022 | 22,198,437 | 25,018,062 | −2,819,625 | -9.2 | 33% |
| 2023 | 23,988,980 | 26,649,608 | −2,660,628 | -9.6 | 33% |
In its most recent public year (2023), this organization spent $2,660,628 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-9.6 months), down from -1.3 in 2012. Staff pay was 33% of spending. $373,370 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works