Overview
What is Covey Inc?
Covey Inc, located in Oshkosh, Wisconsin, is a nonprofit organization dedicated to providing relief for caregivers of individuals with disabilities. Their flagship program, RESPITE, offers a much-needed break, allowing caregivers to focus on their personal well-being, seek employment, and nurture important relationships. In 2022 alone, they offered over 42,000 hours of respite, amounting to a significant expense of $864,416. With a mission to foster personal growth, Covey Inc has a team of 87 dedicated employees, committed to supporting the well-being of both caregivers and those with disabilities.
Official website here: www.covey.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Covey Inc has achieved an impressive 96% rating from Charity Navigator, indicating strong performance in accountability and finance. The organization excels in having a fully independent board, complete financial oversight, and no material diversion of assets. This level of governance suggests a commitment to ethical management and responsible use of funds.
The organization demonstrates a high program expense ratio of 75.80%, reflecting that a significant portion of its budget is dedicated to its programs rather than administrative costs. The strong compliance with policies regarding conflict of interest, whistleblower protection, and document retention further reinforces its operational integrity.
While the rating highlights the strengths of Covey Inc, potential donors should always conduct additional research to ensure alignment with their philanthropic goals. Overall, Covey Inc's transparency and solid financial practices position it as a trustworthy option for those looking to contribute to impactful initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Covey Inc legitimate?
Covey Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Covey Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $289,785
Professional Fundraising Fees: $0
Other Salaries and Wages: $980,775
For more financial information, click here
Official website here: www.covey.org
What is the mission statement of Covey Inc?
Covey Inc's mission is centered around creating opportunities that foster personal growth. This mission is carried out through various activities, one of which is the Respite program. This program offers caregiver relief to individuals caring for a person with a disability. By providing relief from caregiving duties, the program allows the caregiver to focus on their own well-being, pursue employment, and nurture other important relationships. In 2022, Covey Inc provided over 42,000 hours of respite, totalling 864,416 dollars, to adults with disabilities. This initiative underscores Covey Inc's commitment to supporting personal growth and well-being.
Official website here: www.covey.org
Who is the CEO of Covey Inc?
Pam Schutz is the CEO of Covey Inc The CEO's salary of Covey Inc is $121,500 and their total compensation is $125,145.
Official website here: www.covey.org
What is the revenue of Covey Inc?
Covey Inc's revenue in 2024 was $2,515,409.
Official website here: www.covey.org
Who are the executives of Covey Inc and what are their salaries?
The average compensation at Covey Inc during 2024 was $18,151. There are 70 employees and 115 volunteers at Covey Inc.
Here are 13 key members and their salaries (Covey Inc's CEO's salary is $121,500 and their total compensation is $125,145):
- Compensation: $121,500
- Related: $0
- Other: $3,645
- Compensation: $84,622
- Related: $0
- Other: $14,267
- Compensation: $63,836
- Related: $0
- Other: $1,915
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.covey.org
Where can I find the form 990 for Covey Inc?
Covey Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.covey.org
Learn more at the official website: www.covey.org
Mission Statement of Covey Inc
Covey Inc, as a nonprofit organization, is committed to creating opportunities that foster personal growth. This mission is achieved by providing respite services, specifically offering caregiver relief to individuals caring for individuals with disabilities. By relieving caregivers from their duties, they are afforded the chance to focus on their own well-being, pursue employment, and nurture important relationships. In 2022, Covey Inc offered over 42,000 hours of respite, supporting adults with disabilities at a total expense of 864,416. This service allows both the caregivers and the individuals with disabilities to benefit from enhanced personal growth opportunities.
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Impact
July, 2024
Covey Inc's impact can be seen in the significant support they provide to individuals caring for a person with a disability. Through their respite program, caregivers are given a much-needed break from their responsibilities, allowing them to focus on their own well-being, pursue employment, and nurture other important relationships. In 2022 alone, Covey Inc provided over 42,000 hours of respite care to adults with disabilities, totaling expenses of $864,416. This level of commitment and assistance contributes to the personal growth and overall quality of life for both caregivers and individuals with disabilities in the Oshkosh, WI community.
This information is meant to be a general summary of Covey Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $59,097
- Program Service Revenue: $1,340,804
- Gross Receipts: $3,322,434
Assets and Liabilities:
- Total Assets: $4,426,581
- Total Liabilities: $852,735
- Net Assets: $3,573,846
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PURCHASE OF SERVICE CONTRACTS
Revenue
$1,340,804
Organization Details
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