Covenant For Life Child Development Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 213,761 | 235,509 | −21,748 | 0.4 | 62% |
| 2012 | 214,047 | 253,094 | −39,047 | 0.5 | 62% |
| 2013 | 213,708 | 247,583 | −33,875 | -4.3 | 60% |
| 2014 | 168,519 | 223,289 | −54,770 | 0.3 | — |
| 2015 | 188,322 | 190,505 | −2,183 | 0.3 | — |
| 2016 | 279,419 | 309,943 | −30,524 | 0.4 | 50% |
| 2017 | 753,164 | 963,505 | −210,341 | 1.1 | 37% |
| 2018 | 961,669 | 839,570 | 122,099 | 1.8 | 49% |
| 2019 | 1,080,302 | 974,463 | 105,839 | 1.3 | 50% |
| 2020 | 1,008,148 | 843,346 | 164,802 | 2.3 | 60% |
| 2021 | 284,803 | 314,394 | −29,591 | 0.0 | 0% |
| 2022 | 1,303,702 | 1,223,647 | 80,055 | 0.0 | 52% |
| 2023 | 1,621,497 | 1,864,154 | −242,657 | 0.0 | 40% |
In its most recent public year (2023), this organization spent $242,657 more than it brought in. Its reserves stood at about 0 months of spending. Staff pay was 40% 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
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