Covington First United Methodist Church Preschool Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 172,030 | 118,662 | 53,368 | 4.3 | — |
| 2019 | 325,364 | 310,877 | 14,487 | 3.2 | 83% |
| 2020 | 163,775 | 150,993 | 12,782 | 7.2 | — |
| 2021 | 325,916 | 328,254 | −2,338 | 3.3 | 82% |
| 2022 | 386,581 | 389,976 | −3,395 | 2.7 | 84% |
| 2023 | 411,789 | 412,167 | −378 | 3.3 | 83% |
In its most recent public year (2023), this organization spent $378 more than it brought in. Its reserves stood at about 3.3 months of spending. Staff pay was 83% of spending. $55,656 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
Covington First United Methodist Church Preschool 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