Covington Business Association
Covington, Louisiana
CHealth Score
40C
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Below Average
💰
$100K
Total Revenue
📊
$107K
Total Expenses
🏦
$28K
Net Assets
📋
$8K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-5.2%
Year-over-year change (2022 → 2023)
Net Margin
-7.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.26
Net assets divided by total expenses
Liabilities-to-Assets
22.3%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $99,804↓5% | $107,274↓10% | $36,346↑2% | |
| 2022 | $105,271↓30% | $118,771↑3% | $35,726↓85% | — |
| 2021 | $150,839↑437% | $115,024↑150% | $236,926↑1017% | — |
| 2020 | $28,107↓72% | $46,095↓51% | $21,220↓32% | — |
| 2019 | $102,195↑31% | $94,905↑48% | $31,399↑16% | — |
| 2018 | $77,803↑19% | $64,229↓19% | $27,100↑183% | — |
| 2017 | $65,174↑16% | $79,576↑32% | $9,560↓59% | — |
| 2016 | $56,195↓3% | $60,460↑15% | $23,462↓17% | — |
| 2015 | $57,829↓12% | $52,685↓6% | $28,227↑22% | — |
| 2014 | $65,883↑34% | $56,253↑23% | $23,083↑72% | — |
| 2013 | $49,323↑50% | $45,826↑61% | $13,453↑35% | — |
| 2012 | $32,915↑98% | $28,538↑157% | $9,956↑78% | — |
| 2011 | $16,664 | $11,085 | $5,579 | — |
Frequently Asked Questions
What does Covington Business Association do?▼
Covington Business Association is a community improvement & capacity building nonprofit organization based in Louisiana. It is classified under NTEE code S41 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Covington Business Association financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Covington Business Association.
How much revenue does Covington Business Association generate?▼
Covington Business Association reports $122K in annual revenue and holds $65K in total assets, based on IRS filings.
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