The Cove School
The Cove School reported $13.2 million in revenue and $14.1 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $86.81 went to program services, $9.32 to management and general costs and $3.87 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 88.0% of the total. The highest compensation it reported for one person was $342,710 (EXECUTIVE DIRECTOR). 14 people received more than $100,000 in reportable compensation. Revenue rose 41% 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 $14MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 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 $13M- Contributions & grants (non-government)$10.93 $1.4M
- Government grants$0.19 $25,158
- Program service revenue$87.98 $12M
- Investment income$0.90 $118K
Other revenue was negative: −$8,603. The bar shows the positive sources only.
The 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 86.8% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 9.3% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 3.9% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.37 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 11.1% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.2% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 88.0% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $342,710 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 2.42% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 14 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 11.3 | 13.3 |
| Independent voting board members Part VI 1a–1b | 18 of 18 | 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 expenseDay and summer school teaching of learning-disabled children. There were approximately 164 (164.22 fte's) students at the Cove School and 24 (24 fte's) at the career center during the school year (176 days) and 110 (97.5 fte's) students during summer school at the Cove School (25 day). There were 21 summer school students this year at the cove career center
Highest 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 |
|---|---|---|---|---|
| EXECUTIVE DIRECTOR Officer, 40.00 hrs/week | $296,496 | $0 | $46,214 | $342,710 |
| DIRECTOR OF ADVANCEMENT Highest compensated employee, 40.00 hrs/week | $193,351 | $0 | $17,396 | $210,747 |
| DIRECTOR OF FINANCE/ADMIN Officer, 40.00 hrs/week | $175,415 | $0 | $27,199 | $202,614 |
| DIRECTOR OF ADMISSIONS Highest compensated employee, 40.00 hrs/week | $158,222 | $0 | $16,205 | $174,427 |
| SPEECH PATHOLOGIST Highest compensated employee, 40.00 hrs/week | $124,798 | $0 | $37,594 | $162,392 |
| HUMAN RELATIONS & RESOURCE MANAGER Highest compensated employee, 40.00 hrs/week | $123,227 | $0 | $25,591 | $148,818 |
| PRINCIPAL (ELEM/JH) Highest compensated employee, 40.00 hrs/week | $142,733 | $0 | $4,368 | $147,101 |
14 people received more than $100,000 in reportable compensation from The Cove School (Part VII, line 2). Compensation of current officers, directors and key employees totaled $562K (Part IX, line 5).
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–1b18 · 18 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 15aNo
- 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 4Yes
- 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 5166
- Volunteers Part I, line 6122
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| LOEWS CHICAGO O'HARE HOTEL Annual fundraiser | $115,372 |
Individuals listed as contractors are left out. 1 contractors were paid more than $100,000 in all.
Private foundation grants it received
9 private foundations reported grants to The Cove School totaling $48,763 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 School'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 School, you can publish a response that is linked from this page.
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Of every $100 The Cove School spent in FY2025, $86.81 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Passages America IsraelAllen, TX · revenue $13M · programs 63.7% · FY2025
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- Adopt a Student FoundationBoston, MA · revenue $13M · programs 95.2% · FY2025
- The Geneva School of BoerneBoerne, TX · revenue $13M · programs 78.8% · FY2025
- Idaho Association for the Education of Young ChildrenBoise, ID · revenue $13M · programs 95.3% · FY2025
Questions people ask
How much of The Cove School's spending goes to programs?
In the fiscal year ending June 30, 2025, The Cove School reported that 86.8% of its $14.1 million in expenses went to program services, 9.3% to management and general and 3.9% to fundraising (Form 990, Part IX).
How much does The Cove School pay its top executive?
The largest total compensation The Cove School reported for one person in the fiscal year ending June 30, 2025 was $342,710, for the role of EXECUTIVE DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does The Cove School get its money?
Of $13.2 million in revenue in the fiscal year ending June 30, 2025, 11.1% came from contributions and grants (including 0.2% from government grants) and 88.0% from program service revenue (Form 990, Part VIII).
Is The Cove School a registered charity?
The IRS lists EIN 39-0930993 as a 501(c)(3) organization (school), 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 202600369349300340 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202500579349301130 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202440169349300249 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202310829349301706 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202113129349303421 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202013019349300741 · read the filing
All filings for EIN 39-0930993: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.