ZUnclassifiedEIN: 310963057· Ruling Year: 1979

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
YearRevenueExpensesAssets
2023$323,6012%$337,8738%$138,31021%
2022$315,99426%$312,26434%$175,40943%
2021$251,10722%$233,52611%$122,48619%
2020$205,84920%$210,7797%$102,78927%
2019$258,5116%$226,8966%$140,17779%
2018$242,92033%$242,28334%$78,1604%
2017$183,20210%$180,483$74,842
2016$202,50430%$179,78814%$74,80153%
2015$155,837101%$157,228138%$48,7763%
2014$77,59227%$66,0497%$50,26030%
2013$60,90045%$61,866116%$38,7092%
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 $322K in annual revenue and holds $130K in total assets, based on IRS filings.

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