The Covia Foundation
Independence, Ohio
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Above Average
How This Organization Compares
Compared to 20 peers in Philanthropy, Voluntarism & Grantmaking with <$100K revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
10 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $1,069,453↑964% | $1,015,963↓18% | $9,964,889↑11% | — |
| 2022 | $100,510↓96% | $1,238,049↑6% | $9,007,714↓26% | — |
| 2021 | $2,336,018↑34% | $1,164,330↓25% | $12,214,447↑16% | — |
| 2020 | $1,745,199↑131% | $1,549,778↑21% | $10,530,375↓5% | — |
| 2019 | $754,531↑432% | $1,282,010↓31% | $11,032,886↓8% | — |
| 2015 | $141,739↓97% | $1,869,954↓31% | $11,959,971↓13% | — |
| 2014 | $4,230,336↑43% | $2,695,255↓9% | $13,688,186↑13% | — |
| 2013 | $2,954,633↓47% | $2,970,908↑46% | $12,153,105 | — |
| 2012 | $5,538,961↑423% | $2,036,959↓48% | $12,169,380↑40% | — |
| 2011 | $1,058,131 | $3,881,710 | $8,667,377 | — |
Frequently Asked Questions
What does The Covia Foundation do?▼
The Covia Foundation is a philanthropy, voluntarism & grantmaking nonprofit organization based in Ohio. It is classified under NTEE code T20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is The Covia Foundation financially healthy?▼
Based on our 9-metric Financial Health Score model, The Covia Foundation has a score of 60/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does The Covia Foundation generate?▼
Revenue data for The Covia Foundation is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.
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