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THE COVALENT FOUNDATION C/O STERLING FOUNDATION MANAGEMENT LLC
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THE COVALENT FOUNDATION C/O STERLING FOUNDATION MANAGEMENT LLC
Reston, VA, US
•
501(c)3
•
EIN
47-5067002
•
WWW.COVALENT.ORG
•
Private Foundation
Regional Funder
THE COVALENT FOUNDATION C/O STERLING FOUNDATION MANAGEMENT LLC
Sign up to claim this org
Reston, VA, US
•
501(c)3
•
EIN
47-5067002
•
WWW.COVALENT.ORG
•
Private Foundation
Regional Funder
Overview
Programs
990s
Income Statement
Balance Sheet
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Grants Received
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Income Statement
Fiscal Year Start:
Jan 1
Revenues in
2024
$818,679
Other
74%
Investments
26%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in
2024
$1,267,945
Grants
83%
Fees to Service Providers
10%
Salaries & Benefits
7%
Other
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Offices, Occupancy & IT
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$2,000,000
$0
-100%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$227,736
$210,144
-8%
Other
-$277,693
$608,535
-319%
Total Revenues
$1,950,043
$818,679
-58%
Expenses
2023
2024
Change
Grants
$1,389,530
$1,057,783
-24%
Benefits to Members
$0
$0
-
Salaries & Benefits
$168,493
$83,559
-50%
Fees to Service Providers
$122,753
$120,837
-2%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$33,447
$0
-100%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$6,817
$5,766
-15%
Total Expenses
$1,721,040
$1,267,945
-26%
Net income
2023
2024
Change
Net income
+$229,003
-$449,266
-296%
Income Statement
