Cove Merchants Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 364,093 | 339,070 | 25,023 | 2.4 | 0% |
| 2016 | 152,084 | 147,239 | 4,845 | 6.0 | 0% |
| 2017 | 91,814 | 95,960 | −4,146 | 8.7 | 0% |
| 2018 | 73,625 | 101,479 | −27,854 | 4.9 | 0% |
| 2019 | 72,750 | 65,717 | 7,033 | 8.8 | 0% |
| 2020 | 30,294 | 40,330 | −10,036 | 11.5 | — |
| 2021 | 23,454 | 19,215 | 4,239 | 27.2 | — |
| 2022 | 24,151 | 10,775 | 13,376 | 63.4 | — |
| 2023 | 23,739 | 11,090 | 12,649 | 75.3 | — |
| 2024 | 23,978 | 28,248 | −4,270 | 27.8 | — |
In its most recent public year (2024), this organization spent $4,270 more than it brought in. Its reserves stood at about 27.8 months of spending, up from 2.4 in 2015.
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 2024. 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
Cove Merchants Association Inc's IRS filings as a feed — one entry per filing year, through 2024. 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