Covantage Cares Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 227,074 | 99,890 | 127,184 | 15.3 | 0% |
| 2017 | 256,777 | 306,319 | −49,542 | 3.0 | 0% |
| 2018 | 314,629 | 364,712 | −50,083 | 0.9 | 0% |
| 2019 | 481,469 | 482,358 | −889 | 0.7 | 0% |
| 2020 | 603,331 | 581,719 | 21,612 | 1.0 | 0% |
| 2021 | 862,609 | 432,685 | 429,924 | 13.3 | 0% |
| 2022 | 503,456 | 610,722 | −107,266 | 7.3 | 0% |
| 2023 | 352,505 | 597,087 | −244,582 | 2.5 | 0% |
In its most recent public year (2023), this organization spent $244,582 more than it brought in. Its reserves stood at about 2.5 months of spending, down from 15.3 in 2016. Staff pay was 0% 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
Covantage Cares Foundation Inc's IRS filings as a feed — one entry per filing year, through 2023. 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