Nonprofit screen
Screen a listThe Cove - Heart of Texas Inc
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$705krevenue
FY2024 · −14% in 3 yrs13staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−37.7%
Months of reserve1.3mo
Revenue growth (annualized)+23.6%
Middle half of peersMedianCove - Heart of Texas
Where the money goes FY2024 · $971k spent
Programs$705k73%Management and general$247k25%Fundraising$20k2%990 FY2024 · Part IX line 25
Worth checking2
A funder worth 13% of revenue stopped after FY2020
The Fentress Foundation gave about $55k a year for three years, 13% of revenue in FY2020.
Funders’ 990-PF grant listsDeficits in 2 of the last 3 years
−$302k in FY2023 and −$266k in FY2024. Cash covers 1.3 months, under the peer median of 6.7.
990 Part I and balance sheetIn its favor3
Growing faster than peers
Revenue up 24% a year since FY2017, in the top quarter of similar nonprofits.
990 Part I · peer cohortFunders stay
5 of the 8 funders that gave before FY2021 are still giving.
Funders’ 990-PF grant listsA history of government grants
Government grants on 7 of its 7 returns, 31% of revenue in FY2024. $1.2M is traced federal awards from Department of Housing and Urban Development.
990 Part VIII · USAspending19funders
$114ka year, last 3 years
24%from its largest funder
Funder’17’18’19’20’21’22’23The Fentress FoundationStopped after FY2020$14k$100k$53k–United Way of Waco-McLennan CountyOn and off$40k$46k$41k$30kCooper FoundationOn and off$43k$81kBaylor UniversityOn and off$12k$9k$20k$11kBernard & Audre Rapoport FoundationOn and off$25kMethodist Children's HomeNew in FY2023$20kDonor-advised giftsDonors not disclosed$13k$30k$50k$65k$1556 other fundersUp to $10k a year each$2k$12k$11k$500$6k$10k$1k
FundedThrough a donor-advised fundStopped