Covenant Neighborhoods Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 216,328 | 235,692 | −19,364 | 141.8 | 28% |
| 2011 | 92,005 | 202,628 | −110,623 | 158.4 | 0% |
| 2012 | 91,610 | 3,045 | 88,565 | 10891.9 | 0% |
| 2013 | 93,935 | 2,499 | 91,436 | 13710.7 | 0% |
| 2014 | 161,472 | 238,094 | −76,622 | 140.0 | 0% |
| 2015 | 90,465 | 25 | 90,440 | 1377153.1 | 0% |
| 2016 | 90,465 | 42,386 | 48,079 | 825.9 | 0% |
| 2017 | 145,255 | 141,128 | 4,127 | 248.4 | 63% |
| 2018 | 177,822 | 117,235 | 60,587 | 305.2 | 81% |
| 2019 | 625,146 | 139,795 | 485,351 | 297.6 | 67% |
| 2020 | 279,109 | 400,141 | −121,032 | 100.4 | 36% |
| 2021 | 2,323,147 | 538,974 | 1,784,173 | 114.2 | 33% |
| 2022 | 980,586 | 477,115 | 503,471 | 141.7 | 44% |
In its most recent public year (2022), this organization brought in $503,471 more than it spent. Its reserves stood at about 141.7 months of spending. Staff pay was 44% of spending. $1,850,000 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 2022. 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
Covenant Neighborhoods Inc's IRS filings as a feed — one entry per filing year, through 2022. 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