SCommunity Improvement & Capacity BuildingEIN: 273203744· Ruling Year: 2010

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
YearRevenueExpensesAssets
2023$99,8045%$107,27410%$36,3462%
2022$105,27130%$118,7713%$35,72685%
2021$150,839437%$115,024150%$236,9261017%
2020$28,10772%$46,09551%$21,22032%
2019$102,19531%$94,90548%$31,39916%
2018$77,80319%$64,22919%$27,100183%
2017$65,17416%$79,57632%$9,56059%
2016$56,1953%$60,46015%$23,46217%
2015$57,82912%$52,6856%$28,22722%
2014$65,88334%$56,25323%$23,08372%
2013$49,32350%$45,82661%$13,45335%
2012$32,91598%$28,538157%$9,95678%
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 $132K in annual revenue and holds $45K in total assets, based on IRS filings.

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