Covenant Living Of Colorado
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 14,335,379 | 13,652,500 | 682,879 | -15.3 | 31% |
| 2020 | 23,186,545 | 21,844,930 | 1,341,615 | -8.7 | 32% |
| 2021 | 21,261,288 | 22,494,902 | −1,233,614 | -8.4 | 30% |
| 2022 | 22,182,934 | 23,588,707 | −1,405,773 | -9.9 | 29% |
| 2023 | 24,320,973 | 23,927,520 | 393,453 | -9.1 | 32% |
In its most recent public year (2023), this organization brought in $393,453 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-9.1 months), up from -15.3 in 2019. Staff pay was 32% of spending. $258,130 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works