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Kentucky · Nonprofit

COVINGTON BUSINESS COUNCIL INC

COVINGTON BUSINESS COUNCIL INC (Kentucky) receives grants from 1 organization whose IRS filings report $200,000 to it, the largest being CAROL ANN AND RALPH V HAILE JR FOUNDATION ($200,000). 1 of them have funded it in more than one year.

Revenue FY2025
$364k
Funders on record
1
Grants received
$200k
Net assets
$121k
1/1 repeat funderspeak grant-dependency 27%
01What it does

What Covington Business Council Inc does

Mission

Advocate of small business in covington, ky

As stated on its FY2025 Form 990.

Program

  1. Socials & other programs - these programs are created for the benefit

    $83,410 spent$167,601 earned by the program
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $83,410.

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.

100 = 20172017 Revenue 100 ($183k) Expenses 100 ($180k) Net assets 100 ($74k)2018 Revenue 133 ($243k) Expenses 134 ($242k) Net assets 101 ($74k)2019 Revenue 141 ($259k) Expenses 126 ($227k) Net assets 144 ($106k)2020 Revenue 112 ($206k) Expenses 117 ($211k) Net assets 137 ($101k)2021 Revenue 137 ($251k) Expenses 129 ($234k) Net assets 161 ($119k)2022 Revenue 172 ($316k) Expenses 173 ($312k) Net assets 166 ($122k)2023 Revenue 177 ($324k) Expenses 187 ($338k) Net assets 147 ($108k)2024 Revenue 176 ($322k) Expenses 183 ($330k) Net assets 135 ($100k)2025 Revenue 199 ($364k) Expenses 190 ($343k) Net assets 164 ($121k)
'17'18'19'20'21'22'23'24'25
Revenue (199)Expenses (190)Net assets (164)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2018 to 2019, from $78k to $140k (+79%).

$75k
$78k
$140k
$103k
$122k
$175k
$138k
$130k
$123k
'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

Government-grant reliance: 2021 9% · 2022 0%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

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

$3k
’17
$637
’18
$32k
’19
−$5k
’20
$18k
’21
$4k
’22
−$14k
’23
−$9k
’24
$21k
’25
4.3
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.

Board chair

Jackie Roberto

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed191920191718171818
Joined·+0+8+2+6+3+7+3+0
No longer listed·07382820
03Who funds it

Who funds it, year by year

2017 → 2022: the base held at 1 funder, grant income held at $50k.

Funder
'17
'18
'19
'22
total
funders
1
1
1
1

Left out of every figure on this page: $343k from 2 payers (the payer shares this organization's board, largest Covington Business Council Foundation). These are real filings, and they are not money COVINGTON BUSINESS COUNCIL INC raised.

From the IRS filings of COVINGTON BUSINESS COUNCIL INC’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

COVINGTON BUSINESS COUNCIL INC draws 100% of its grant income from funders outside Kentucky, across 1 state in all.

OH

In-state vs out-of-state, by year

’17
’18
’19
’22
Kentucky out of state home

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

Organizations like COVINGTON BUSINESS COUNCIL INC

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 Kentucky

Nationally

05Profile & governance

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

Where the money goes

38% of spending goes to programs.

Program 38%Management 62%Fundraising 0%

Governance

18
board members
0%
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 COVINGTON BUSINESS COUNCIL INC: 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 COVINGTON BUSINESS COUNCIL INC?
COVINGTON BUSINESS COUNCIL INC (Kentucky) receives grants from 1 organization whose IRS filings report $200,000 to it, the largest being CAROL ANN AND RALPH V HAILE JR FOUNDATION ($200,000). 1 of them have funded it in more than one year.
How many funders does COVINGTON BUSINESS COUNCIL INC have?
IRS filings report 1 organization giving $200,000 in grants to COVINGTON BUSINESS COUNCIL INC, 1 of which have funded it in more than one year.
Who is the largest funder of COVINGTON BUSINESS COUNCIL INC?
CAROL ANN AND RALPH V HAILE JR FOUNDATION is the largest funder on record, with $200,000 in grants. The full list of funders is on this page.
How can an organization like COVINGTON BUSINESS COUNCIL INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Kentucky. 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 Covington Business Council →

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 14, 2026. What this page cannot tell you · view filing