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California · Nonprofit

COVESA

COVESA (California) receives grants from 1 organization whose IRS filings report $20,195 to it, the largest being FASTR INC ($20,195). 0 of them have funded it in more than one year.

Revenue FY2025
$1.5M
Funders on record
1
Grants received
$20k
Net assets
$454k
0/1 repeat funderspeak grant-dependency 1%
01What it does

What Covesa does

Mission

Covesa is an open, collaborative and impactful technology alliance; accelerating the full potential of connected vehicles.

As stated on its FY2025 Form 990.

Programs

  1. Covesa grew the number of member-driven, collaborative projects to ten in fiscal 2025. These projects brought together approximately 50 members and 10 non-members to discuss and deliver standard approaches for automakers and their software suppliers. The vss project in particular advanced to version 5 of the specification and enjoyed significant adoption by several automotive and fleet management organizations. All Covesa projects required deliverables to be accessible in public projects where innumerable organizations outside of the Covesa membership (in automotive and non-automotive industries) also benefitted.

  2. Covesa continued its semi-annual all member meetings in april and october of 2025. These events resulted in roughly 75 organizations and an average of 250 people in attendance at each. Both business-level and technical presentations were made from roughly 70 speakers. While the event was not executed until january 2026, Covesa also prepared for a significant showcase and reception event at the ces 2026. This involved contacting roughly 120 organizations for participation and sponsorship. Roughly 80 organizations agreed to participate and/or sponsor the event.

  3. Covesa continued to actively align with other standards development and collaborative organizations including w3c, autosar, soffe, jaspar, and eclipse sdv. The primary goal of this collaboration was to push adoption of the vss open standard into other automotive organizations and consortia. Through this collaboration, the benefits of a publicly available vss were represented to roughly 1000 automotive industry particpants, multiple government-funded technology projects, and standards-setting organizations in the us, japan, and europe.

The 3 programs described on its FY2025 Form 990, listed largest first by expense.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($2.6M) Expenses 100 ($2.7M) Net assets -2732 ($-362652)2018 Revenue 66 ($1.7M) Expenses 63 ($1.7M) Net assets -2882 ($-382577)2019 Revenue 69 ($1.8M) Expenses 52 ($1.4M) Net assets -97 ($-12940)2020 Revenue 43 ($1.1M) Expenses 38 ($1.1M) Net assets -394 ($-52239)2021 Revenue 36 ($929k) Expenses 34 ($934k) Net assets 100 ($13k)2022 Revenue 49 ($1.3M) Expenses 44 ($1.2M) Net assets 550 ($73k)2023 Revenue 53 ($1.4M) Expenses 48 ($1.3M) Net assets 858 ($114k)2024 Revenue 70 ($1.8M) Expenses 51 ($1.4M) Net assets 2617 ($347k)2025 Revenue 58 ($1.5M) Expenses 51 ($1.4M) Net assets 3421 ($454k)
'17'18'19'20'21'22'23'24'25
Revenue (58)Expenses (51)Net assets (3421)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $335k to $731k (+118%).

$788k
$785k
$597k
$452k
$303k
$288k
$335k
$731k
$956k
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

0% of COVESA’s revenue is contributions — more earned-revenue than three-quarters of its peers (60% for the typical peer).

This organization
Typical peer · 4,444 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 reported years ran a deficit.

−$169k
’17
−$40k
’18
$370k
’19
$52k
’20
−$6k
’21
$60k
’22
$41k
’23
$408k
’24
$107k
’25
7.2
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Steve Crumb

Executive director

Board chair

Graham Smethurst

Chairman/board member

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed11788910101213
Joined·+1+6+1+3+3+3+3+4
No longer listed·55122313
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'18
total
Fastr Incunclassified
$20k
funders
1

From the IRS filings of COVESA’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

COVESA draws 100% of its grant income from funders outside California, across 1 state in all.

OR

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

COVESA runs a healthier operating margin than half of the 2,299 community improvement nonprofits its size.

Operating margin7% · above the median
Months of reserve7.2mo · above the median
Revenue growth (annualized)−7% · bottom quartile

this organization peer median middle 50% of peers· 2,299 community improvement nonprofits $1M–$10M, FY2025

Organizations like COVESA

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In California

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Governance

12
board members
100%
independent
–Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990–Audited financials

Screen this organization

A dated, signed PDF of the compliance screen for COVESA: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds COVESA?
COVESA (California) receives grants from 1 organization whose IRS filings report $20,195 to it, the largest being FASTR INC ($20,195). 0 of them have funded it in more than one year.
How many funders does COVESA have?
IRS filings report 1 organization giving $20,195 in grants to COVESA.
Who is the largest funder of COVESA?
FASTR INC is the largest funder on record, with $20,195 in grants. The full list of funders is on this page.
How can an organization like COVESA find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in California. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Covesa →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing