BEducationEIN: 390930993· Ruling Year: 1948

Cove School Inc

Northbrook, Illinois

A-Health Score
84A-

Financial Health Score

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

Very Good

How This Organization Compares

Compared to 73 peers in Education with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.08×
Peer Median9.48×
💰
$12.7M
Total Revenue
📊
$11.0M
Total Expenses
🏦
$11.9M
Net Assets
📋
$3.0M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+22.5%
Year-over-year change (2022 → 2023)
Net Margin
+13.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.08
Net assets divided by total expenses
Liabilities-to-Assets
20.0%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$12,697,92223%$11,021,4257%$14,902,38816%
2022$10,362,33810%$10,345,9242%$12,796,7351%
2021$11,458,82423%$10,517,2996%$12,906,1504%
2020$9,316,18216%$9,896,3986%$13,431,8806%
2019$11,034,70114%$10,481,22613%$12,687,47314%
2018$9,712,8326%$9,262,4564%$11,104,0546%
2017$9,128,3236%$8,937,3555%$10,471,2902%
2016$8,634,9397%$8,472,3696%$10,216,440
2015$8,056,5527%$8,022,5177%$10,173,2811%
2014$7,551,4388%$7,511,4458%$10,109,8751%
2013$8,210,39117%$6,956,5831%$10,214,91714%
2012$7,022,732$6,914,595$8,984,423

Frequently Asked Questions

What does Cove School Inc do?

Cove School Inc is a education nonprofit organization based in Illinois. It is classified under NTEE code B28Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Cove School Inc financially healthy?

Based on our 9-metric Financial Health Score model, Cove School Inc has a score of 84/100 (Grade: A-). 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 Cove School Inc generate?

Cove School Inc reports $13.2M in annual revenue and holds $16.3M in total assets, based on IRS filings.

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