The Cove Center
The Cove Center reported $14.0 million in revenue and $13.3 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $93.22 went to program services, $6.78 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 95.3% of the total. The highest compensation it reported for one person was $189,013 (CEO). 2 people received more than $100,000 in reportable compensation. Revenue rose 52% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $13MFor context, the median across 3,614 covered human services charities: $88.27 programs, $11.52 management, $0.21 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $14MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 93.2% | 87.2% |
| Management & general Part IX 25(C) ÷ 25(A) | 6.8% | 11.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.2% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | Not reported | $0.02 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.2% | 20.6% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 2.4% |
| Program service revenue share Part VIII 2g ÷ 12 | 95.3% | 70.8% |
| Highest reported compensation Part VII-A, columns D–F | $189,013 | $274,992 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.42% | 1.18% |
| People paid over $100,000 Part VII, line 2 | 2 | 6 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 4.6 | 6.9 |
| Independent voting board members Part VI 1a–1b | 7 of 8 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseHighest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| CEO Officer, 15.00 hrs/week | $0 | $164,299 | $24,714 | $189,013 |
| DIRECTOR Highest compensated employee, 40.00 hrs/week | $81,940 | $58,061 | $30,072 | $170,073 |
| CFO Highest compensated employee, 40.00 hrs/week | $0 | $118,668 | $24,397 | $143,065 |
| RESIDENTIAL SHIFT LEADER Highest compensated employee, 74.00 hrs/week | $108,120 | $0 | $13,450 | $121,570 |
| DIRECT SUPPORT PROFESSIONA Highest compensated employee, 71.00 hrs/week | $105,082 | $0 | $1,348 | $106,430 |
| BOARD MEMBER Director/trustee, 1.00 hrs/week | $0 | $3,000 | $37 | $3,037 |
2 people received more than $100,000 in reportable compensation from The Cove Center (Part VII, line 2).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b8 · 7 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aNo
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5171
- Volunteers Part I, line 61
Private foundation grants it received
1 private foundation reported grants to The Cove Center totaling $48 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from The Cove Center's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The Cove Center, you can publish a response that is linked from this page.
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Of every $100 The Cove Center spent in FY2025, $93.22 went to programs. The full breakdown, from its IRS Form 990:
Questions people ask
How much of The Cove Center's spending goes to programs?
In the fiscal year ending June 30, 2025, The Cove Center reported that 93.2% of its $13.3 million in expenses went to program services, 6.8% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does The Cove Center pay its top executive?
The largest total compensation The Cove Center reported for one person in the fiscal year ending June 30, 2025 was $189,013, for the role of CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does The Cove Center get its money?
Of $14.0 million in revenue in the fiscal year ending June 30, 2025, 0.2% came from contributions and grants and 95.3% from program service revenue (Form 990, Part VIII).
Is The Cove Center a registered charity?
The IRS lists EIN 05-0419116 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202601349349303830 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202541349349305014 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202431369349310613 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202331359349304123 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202211319349301926 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202101239349300210 · read the filing
All filings for EIN 05-0419116: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.