The Junior League Of Greater Covington Inc
EIN: 720838764 · Covington, LA · NTEE: S81
| Metric | Value |
|---|---|
| Total Revenue | $99K |
| Total Expenses | $96K |
| Net Assets | $632K |
Is The Junior League Of Greater Covington Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Junior League Of Greater Covington Inc
The Junior League Of Greater Covington Inc (EIN: 720838764) is a nonprofit organization based in Covington, LA, classified under NTEE code S81. The organization reported total revenue of $99K and total assets of $631K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Junior League Of Greater Covington Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Junior League Of Greater Covington Inc is a micro nonprofit that has been operating for 4 years, with 9 years of IRS 990 filings on record (2013–2024). Revenue has grown at a compound annual rate of -2.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $114K |
| Total Expenses | $96K |
| Surplus / Deficit | +$18K |
| Total Assets | $651K |
| Total Liabilities | $19K |
| Net Assets | $632K |
| Operating Margin | 16.2% |
| Debt-to-Asset Ratio | 2.9% |
| Months of Reserves | 81.5 months |
Financial Health Grade: A
In 2024, The Junior League Of Greater Covington Inc reported a surplus of $18K with revenue exceeding expenses, holds 81.5 months of operating reserves (strong position), has a debt-to-asset ratio of 2.9% (very low leverage).
Financial Trends
Over 9 years of filings (2013–2024), The Junior League Of Greater Covington Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +42.3% | +30.1% | +0.1% |
| 2023 | -11.9% | -15.1% | -1.2% |
| 2022 | -10.4% | +28.1% | -11.1% |
| 2018 | +21.2% | +2.0% | +4.3% |
| 2017 | +14.1% | -0.1% | +0.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Junior League Of Greater Covington Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Junior League Of Greater Covington Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $18K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.9%.
Frequently Asked Questions about The Junior League Of Greater Covington Inc
Is The Junior League Of Greater Covington Inc a legitimate charity?
The Junior League Of Greater Covington Inc (EIN: 720838764) is a registered tax-exempt nonprofit based in Louisiana. It has 9 years of IRS 990 filings on record. Total revenue: $99K. No red flags identified. Financial health grade: A.
How does The Junior League Of Greater Covington Inc spend its money?
The Junior League Of Greater Covington Inc reported $99K in total revenue in IRS 990 filings. 9 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to The Junior League Of Greater Covington Inc tax-deductible?
The Junior League Of Greater Covington Inc is registered as a tax-exempt nonprofit (EIN: 720838764). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Junior League Of Greater Covington Inc located?
The Junior League Of Greater Covington Inc is headquartered in Covington, Louisiana and files with the IRS under EIN 720838764. It is classified under NTEE code S81.
How many years of IRS 990 filings does The Junior League Of Greater Covington Inc have?
The Junior League Of Greater Covington Inc has 9 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $99K in total revenue.
Filing History
IRS 990 filing history for The Junior League Of Greater Covington Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2013–2024), The Junior League Of Greater Covington Inc's revenue has declined by 22.3%, moving from $147K to $114K. Total assets decreased by 15.9% over the same period, from $774K to $651K. Total functional expenses fell by 12.5%, from $110K to $96K. In its most recent filing year (2024), The Junior League Of Greater Covington Inc reported a surplus of $18K, with revenue exceeding expenses. The organization holds $19K in liabilities against $651K in assets (debt-to-asset ratio: 2.9%), resulting in net assets of $632K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $114K | $96K | $651K | $19K | — | — |
| 2023 | $80K | $74K | $650K | $37K | — | — |
| 2022 | $91K | $87K | $658K | $52K | — | View 990 |
| 2018 | $102K | $68K | $741K | $117K | — | View 990 |
| 2017 | $84K | $66K | $710K | $120K | — | View 990 |
| 2016 | $74K | $67K | $704K | $132K | — | View 990 |
| 2015 | $90K | $75K | $704K | $139K | — | View 990 |
| 2014 | $88K | $191K | $710K | $160K | — | View 990 |
| 2013 | $147K | $110K | $774K | $121K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $114K, expenses of $96K, and assets of $651K (revenue +42.3% year-over-year).
- 2023: Revenue of $80K, expenses of $74K, and assets of $650K (revenue -11.9% year-over-year).
- 2022: Revenue of $91K, expenses of $87K, and assets of $658K (revenue -10.4% year-over-year).
- 2018: Revenue of $102K, expenses of $68K, and assets of $741K (revenue +21.2% year-over-year).
- 2017: Revenue of $84K, expenses of $66K, and assets of $710K (revenue +14.1% year-over-year).
- 2016: Revenue of $74K, expenses of $67K, and assets of $704K (revenue -18.6% year-over-year).
- 2015: Revenue of $90K, expenses of $75K, and assets of $704K (revenue +2.9% year-over-year).
- 2014: Revenue of $88K, expenses of $191K, and assets of $710K (revenue -40.3% year-over-year).
- 2013: Revenue of $147K, expenses of $110K, and assets of $774K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Junior League Of Greater Covington Inc:
Data Sources and Methodology
This transparency report for The Junior League Of Greater Covington Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.