everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Residents Association Of Covenant Woods

Mechanicsville, VA / EIN 54-2058307 / Form 990-EZ / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
201271,85776,857−5,0000.7
201380,35480,2261280.7
201481,13383,431−2,2980.4
2015105,316101,8333,4830.7
2016151,695145,3406,3551.0
2017156,282161,855−5,5730.5
2018161,049159,9051,1440.6
2019156,162159,399−3,2370.4
2020147,815147,0128030.5
2021169,750171,914−2,1640.2
2022172,452168,6223,8300.5
2023179,664174,5715,0930.8

In its most recent public year (2023), this organization brought in $5,093 more than it spent. Its reserves stood at about 0.8 months of spending.

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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