Covington Business Council Inc
Covington, Kentucky
B+Health Score
69B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
💰
$324K
Total Revenue
📊
$338K
Total Expenses
🏦
$108K
Net Assets
📋
$30K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+2.4%
Year-over-year change (2022 → 2023)
Net Margin
-4.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.32
Net assets divided by total expenses
Liabilities-to-Assets
21.8%
Total liabilities as % of total assets
Filing History
12 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $323,601↑2% | $337,873↑8% | $138,310↓21% | |
| 2022 | $315,994↑26% | $312,264↑34% | $175,409↑43% | — |
| 2021 | $251,107↑22% | $233,526↑11% | $122,486↑19% | — |
| 2020 | $205,849↓20% | $210,779↓7% | $102,789↓27% | — |
| 2019 | $258,511↑6% | $226,896↓6% | $140,177↑79% | — |
| 2018 | $242,920↑33% | $242,283↑34% | $78,160↑4% | — |
| 2017 | $183,202↓10% | $180,483 | $74,842 | — |
| 2016 | $202,504↑30% | $179,788↑14% | $74,801↑53% | — |
| 2015 | $155,837↑101% | $157,228↑138% | $48,776↓3% | — |
| 2014 | $77,592↑27% | $66,049↑7% | $50,260↑30% | — |
| 2013 | $60,900↑45% | $61,866↑116% | $38,709↓2% | — |
| 2012 | $42,135 | $28,588 | $39,437 | — |
Frequently Asked Questions
What does Covington Business Council Inc do?▼
Covington Business Council Inc is a unclassified nonprofit organization based in Kentucky. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Covington Business Council Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Covington Business Council Inc.
How much revenue does Covington Business Council Inc generate?▼
Covington Business Council Inc reports $364K in annual revenue and holds $123K in total assets, based on IRS filings.
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