Z โ€” UnclassifiedEIN: 341383117ยท Ruling Year: 1984

Albert M Covelli Foundation

Warren, Ohio

B-Health Score
54B-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Average

๐Ÿ’ฐ
$405K
Total Revenue
๐Ÿ“Š
$465K
Total Expenses
๐Ÿฆ
$6.4M
Net Assets
๐Ÿ“‹
$1
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+64.6%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-15.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
13.82
Net assets divided by total expenses
Liabilities-to-Assets
0.0%
Total liabilities as % of total assets

Filing History

10 filings on record
YearRevenueExpensesAssets
2023$404,566โ†‘65%$465,416โ†“9%$6,429,810โ†“1%
2022$245,727โ†“60%$511,425โ†‘26%$6,494,516โ†“4%
2021$608,127โ†‘76%$405,175โ†“15%$6,759,932โ†‘3%
2020$345,317โ†“19%$475,378โ†‘26%$6,558,914โ†“2%
2019$425,661โ†“73%$376,744โ†“8%$6,690,272โ†‘21%
2015$1,598,991โ†“37%$407,774โ†‘39%$5,548,382โ†‘4%
2014$2,534,196โ†‘680%$293,915โ†‘11%$5,337,532โ†‘73%
2013$325,024โ†‘60%$265,370โ†‘18%$3,092,356โ†‘2%
2012$203,296โ†‘55%$224,165โ†‘53%$3,032,702โ†“1%
2011$130,899$146,808$3,053,571

Frequently Asked Questions

What does Albert M Covelli Foundation do?โ–ผ

Albert M Covelli Foundation is a unclassified nonprofit organization based in Ohio. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Albert M Covelli Foundation financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Albert M Covelli Foundation has a score of 54/100 (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 Albert M Covelli Foundation generate?โ–ผ

Revenue data for Albert M Covelli Foundation is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.

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Albert M Covelli Foundation โ€” Warren, OH | GiveScope