Skip to content

Alabama · Nonprofit

COVINGTON VETERANS FOUNDATION

COVINGTON VETERANS FOUNDATION (Alabama) receives grants from 3 organizations whose IRS filings report $33,032 to it, the largest being THE SOLON AND MARTHA DIXON FD ($25,000). 2 of them have funded it in more than one year.

Revenue FY2025
$58k
Funders on record
3
Grants received
$33k
Net assets
$121k
2/3 repeat funderspeak grant-dependency 1%
01What it does

What Covington Veterans Foundation does

Mission

To educate and promote patriotism and honor veterans

As stated on its FY2025 Form 990-EZ.

Programs

  1. Provided almost 700 banners which were displayed in Andalusia Alabama the two weeks leading up to Veterans Day. These honored veterans who had served in all branches of the military.

    $2,212 spent
    5% of program spending
  2. Gave grants to local public schools to encourage development of patriotism and remembrance of veterans

    $23,114 spent
    53% of program spending
  3. Hosted the War on Terror Traveling Wall for a week in Andalusia Alabama

    $4,930 spent
    11% of program spending
  4. Published a magazine featuring Veterans from the War on Terror and reprinted magazine featuring Vietnam veterans in honor of the celebration of the end of the Vietnam War

    $11,036 spent
    25% of program spending
  5. Produced a Sunday afternoon program with patriotic music and speakers honoring the War on Terror veterans which included the entire county

    $2,526 spent
    6% of program spending

The 5 programs described on its FY2025 Form 990-EZ. Program spending in total: $43,818.

02The organization over time

The organization over time

Each line starts at 100 in 2023, so what you read is the shape rather than the size: 150 means half as much again as 2023, 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 = 20232023 Revenue 100 ($48k) Expenses 100 ($24k) Net assets 100 ($101k)2024 Revenue 89 ($43k) Expenses 80 ($19k) Net assets 124 ($125k)2025 Revenue 119 ($58k) Expenses 255 ($61k) Net assets 121 ($121k)
202320242025
Revenue (119)Expenses (255)Net assets (121)Peer revenue range

Balance sheet

Total assets at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $101k to $125k (+24%).

$101k
$125k
$121k
202320242025
Total assets

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.

2023
2024
2025
ContributionsProgram revenueInvestmentOther

98% of COVINGTON VETERANS FOUNDATION’s revenue is contributions — more donation-reliant than the typical peer (97% for the typical peer).

This organization
Typical peer · 4,233 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 3 reported years ran a deficit.

$24k
’23
$24k
’24
−$3k
’25

Leadership and staff

Board chair

John E Vick

Chairman

As listed on its FY2025 Form 990-EZ.

03Who funds it

Who funds it, year by year

2019 → 2023: the base held at 1 funder, grant income fell $6k → $500.

1 of 3 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 18% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of COVINGTON VETERANS FOUNDATION’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.

How concentrated its funding is

COVINGTON VETERANS FOUNDATION leans on a few funders — its largest provides 76% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

76%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2019 100% · 2020 94% · 2021 100% · 2022 95% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. 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

100% of COVINGTON VETERANS FOUNDATION's grant income comes from Alabama funders.

AL

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

’20
’21
’22
’23
Alabama out of state home

Funder states come from each funder’s own filing. $6k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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

COVINGTON VETERANS FOUNDATION has grown faster than half of the 2,277 public benefit nonprofits its size.

Operating margin−6% · below the median
Revenue growth (annualized)9% · above the median

this organization peer median middle 50% of peers· 2,277 public benefit nonprofits under $100k, FY2025

Organizations like COVINGTON VETERANS FOUNDATION

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 Alabama

Nationally

05Profile & governance

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

Public support

99%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

AL

Screen this organization

A dated, signed PDF of the compliance screen for COVINGTON VETERANS FOUNDATION: 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 VETERANS FOUNDATION?
COVINGTON VETERANS FOUNDATION (Alabama) receives grants from 3 organizations whose IRS filings report $33,032 to it, the largest being THE SOLON AND MARTHA DIXON FD ($25,000). 2 of them have funded it in more than one year.
How many funders does COVINGTON VETERANS FOUNDATION have?
IRS filings report 3 organizations giving $33,032 in grants to COVINGTON VETERANS FOUNDATION, 2 of which have funded it in more than one year.
Who is the largest funder of COVINGTON VETERANS FOUNDATION?
THE SOLON AND MARTHA DIXON FD is the largest funder on record, with $25,000 in grants. The full list of funders is on this page.
How can an organization like COVINGTON VETERANS FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Alabama. 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 Veterans →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2023–2025), and the filings of 3 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