Civic Intelligence

Philip G Covone Evangelistic Association Incorporated

990EZ • Fiscal year 2020 • EIN 45-5468129

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 09, 2021

Organization ProfileNA
313 Harden Street SEAtlanta, GA 30312

(770) 616-4775

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

56th percentile

9.4%

Higher net margin than 56% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

94th percentile

$63,021

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 58.3% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Balance Sheet
Liabilities / Assets55th percentile

Assets

$10,436

No earlier filing loaded for comparison.

Net Assets

$10,436

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin56th percentile

Revenue

$108,169

No earlier filing loaded for comparison.

Expenses

$98,004

No earlier filing loaded for comparison.

Net Income

$10,165

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$80K$60K$40K$20K$0Assets 2020: $10,436Liabilities 2020: $0Net Assets 2020: $10,4362020Assets 2021: $66,989Liabilities 2021: $0Net Assets 2021: $66,9892021Assets 2022: $66,877Liabilities 2022: $359Net Assets 2022: $66,5182022Assets 2023: $46,071Liabilities 2023: $154Net Assets 2023: $45,9172023Assets 2024: $48,323Liabilities 2024: $0Net Assets 2024: $48,3232024Assets 2025: $31,647Liabilities 2025: $0Net Assets 2025: $31,6472025

Highlighted filing

2020

Assets$10,436
Liabilities$0
Net Assets$10,436
Open 2020 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$100K$0-$100KRevenue 2020: $108,169Expenses 2020: $98,004Net Income 2020: $10,1652020Revenue 2021: $165,866Expenses 2021: $106,464Net Income 2021: $59,4022021Revenue 2022: $190,681Expenses 2022: $184,891Net Income 2022: $5,7902022Revenue 2023: $142,322Expenses 2023: $162,923Net Income 2023: -$20,6012023Revenue 2024: $128,638Expenses 2024: $126,232Net Income 2024: $2,4062024Revenue 2025: $111,106Expenses 2025: $127,782Net Income 2025: -$16,6762025

Highlighted filing

2020

Revenue$108,169
Expenses$98,004
Net Income$10,165
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 9, 2021
Return Version
2020v4.1
Gross Receipts
$108,169
Mission and Program Overview

Mission

Share gospel of Jesus in rural Mexico

Share gospel of jesus to rural mexico

Program Services

DescriptionGrantsExpenses
MEET PHYSICAL NEEDS OF THE MEXICAN PEOPLE AND BUILD RELATIONSHIPS WITH NEW PEOPLE. PROVIDE A WATER FILTRATION SYSTEM THAT PROVIDES CLEAN DRINKING WATER FROM STORED RAIN BARRELS.-$6,263
PROFECT 5000: DUE TO COVID-19 RESTRICTIONS IN MEXICO IN 2020 SMALL BUSINESS WAS FORCED TO CLOSE FOR A PERIOD OF TIME. INCOME WAS CUTOFF MANY WERE HUNGRY. WE PROVIDED FOOD BAGS.-$3,764
PROJECT ALFALFA: DUE TO THE DROUGHT IN THE RURAL DESERT AREAS OF MEXICO, GOAT RANCHERS WERE LACKING IN PLANT GROWTH TO FEED THEIR GOATS. WE PURCHASED ALFALFA TO HELP THE FARMERS.-$2,500
Compensation and Service Providers
Top Officer Pay94th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
PHILIP COVONECEOFT$33,759$29,262$63,021
JAMI COVONECFOFT$0--
Filing and Contact Details

Filer

Filer Name
Covone Ministries
EIN
45-5468129
Address
313 HARDEN STREET SE, ATLANTA, GA 30312

Signing Officer

Name
Philip Covone
Title
CEO
Phone
7706164775
Signed
2021-11-09
Discuss with paid preparer
Yes

Preparer

Firm
Heritage Accounting Tax Srvs Inc
Address
355 N JEFF DAVIS DRIVE, Fayetteville, GA 30214
Preparer
G Douglas Rivers
Phone
7704613684
Supplemental Narrative

Additional Explanations

Description of other revenue Part I line 8

“Description amountfacility rental income 3,700”

Description of other expenses Part I line 16

“Description amountadministrative expenses 8,203ministry expensess 12,527”

Raw XML Appendix128 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
CompensationExplanation/CompensationExplanationGrp/PersonNm0PHILIP COVONE
CompensationExplanation/CompensationExplanationGrp/ShortExplanationTxt0SALARY 33,759 INSURANCE 6,762 HOUSING ALLOWANCE 22,500 TOTAL 63,021
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0JAMI COVONE
IRS990EZ/BooksInCareOfDetail/PhoneNum07706164775
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0313 HARDEN STREET SE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ATLANTA
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0GA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd030312
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0271
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt010436
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0true
IRS990EZ/ContributionsGiftsGrantsEtcAmt0104469
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt010165
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0271
IRS990EZ/Form990TotalAssetsGrp/EOYAmt010436
IRS990EZ/GrossReceiptsAmt0108169
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NameChangeInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0271
IRS990EZ/NetAssetsOrFundBalancesEOYAmt010436
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0271
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt010436
IRS990EZ/OccupancyRentUtltsAndMaintAmt014253
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt160.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt133759
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt16762
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt122500
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JAMI COVONE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1PHILIP COVONE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CFO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CEO
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt020730
IRS990EZ/OtherRevenueTotalAmt03700
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0SHARE GOSPEL OF JESUS TO RURAL MEXICO
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0MEET PHYSICAL NEEDS OF THE MEXICAN PEOPLE AND BUILD RELATIONSHIPS WITH NEW PEOPLE. PROVIDE A WATER FILTRATION SYSTEM THAT PROVIDES CLEAN DRINKING WATER FROM STORED RAIN BARRELS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1PROJECT ALFALFA: DUE TO THE DROUGHT IN THE RURAL DESERT AREAS OF MEXICO, GOAT RANCHERS WERE LACKING IN PLANT GROWTH TO FEED THEIR GOATS. WE PURCHASED ALFALFA TO HELP THE FARMERS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2PROFECT 5000: DUE TO COVID-19 RESTRICTIONS IN MEXICO IN 2020 SMALL BUSINESS WAS FORCED TO CLOSE FOR A PERIOD OF TIME. INCOME WAS CUTOFF MANY WERE HUNGRY. WE PROVIDED FOOD BAGS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt06263
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt12500
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt23764
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt063021
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0GA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt098004
IRS990EZ/TotalProgramServiceExpensesAmt012527
IRS990EZ/TotalRevenueAmt0108169
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0104469
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0104469
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt03700
IRS990ScheduleA/OtherIncome170Grp/TotalAmt03700
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0104469
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0104469
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0104469
IRS990ScheduleA/TotalSupportAmt0108169
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION AMOUNTFACILITY RENTAL INCOME 3,700
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION AMOUNTADMINISTRATIVE EXPENSES 8,203MINISTRY EXPENSESS 12,527
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other revenue Part I line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0PHILIP COVONE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum07706164775
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0COVONE MINISTRIES
ReturnHeader/Filer/BusinessNameControlTxt0COVO
ReturnHeader/Filer/EIN0455468129
ReturnHeader/Filer/USAddress/AddressLine1Txt0313 HARDEN STREET SE
ReturnHeader/Filer/USAddress/CityNm0ATLANTA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0GA
ReturnHeader/Filer/USAddress/ZIPCd030312
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0582332950
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HERITAGE ACCOUNTING TAX SRVS INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0355 N JEFF DAVIS DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Fayetteville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd030214
ReturnHeader/PreparerPersonGrp/PhoneNum07704613684
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0G DOUGLAS RIVERS
ReturnHeader/ReturnTs02021-11-10T10:00:09-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0PHILIP
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0COVONE
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$10,436
Liabilities
$0
Net assets
$10,436
Revenue
$108,169
Expenses
$98,004
Net income
$10,165
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.32$0.00$0.32$1.11$1.28$0.17
2024Detailed filing. Detailed filing data is available for this year.$0.48$0.00$0.48$1.29$1.26$0.02
2023Detailed filing. Detailed filing data is available for this year.$0.46$0.00$0.46$1.42$1.63$0.21
2022Detailed filing. Detailed filing data is available for this year.$0.67$0.00$0.67$1.91$1.85$0.06
2021Detailed filing. Detailed filing data is available for this year.$0.67$0.00$0.67$1.66$1.06$0.59
2020Detailed filing. Detailed filing data is available for this year.$0.10$0.00$0.10$1.08$0.98$0.10