Liabilities / Assets
62nd percentile
Tied with the lowest-debt nonprofits in its peer group.
Philip G Covone Evangelistic Association Incorporated
990EZ • Fiscal year 2025 • EIN 45-5468129
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
63rd percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
21st percentile
Higher net margin than 21% of similar nonprofits.
Top Officer Pay
82nd percentile
Higher top officer pay than 82% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
14th percentile
Faster asset growth than 14% of similar nonprofits.
Revenue Growth
29th percentile
Faster revenue growth than 29% of similar nonprofits.
Balance Sheet
Assets
Down$31,647
Down $16,676 (-35%) from 2024
Net Assets
Down$31,647
Down $16,676 (-35%) from 2024
Liabilities
Flat$0
Flat from 2024
Revenue And Expenses
Revenue
Down$111,106
Down $17,532 (-14%) from 2024
Expenses
Up$127,782
Up $1,550 (+1.2%) from 2024
Net Income
Down-$16,676
Down $19,082 (-793%) from 2024
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2025 to Dec 31, 2025
- Signed
- Mar 9, 2026
- Return Version
- 2025v4.0
- Gross Receipts
- $111,106
Mission and Program Overview
Mission
Share gospel of Jesus in rural Mexico
Program Services
| Description | Grants | Expenses |
|---|---|---|
| For rural areas of Mexico we establish Home Churches, mentor community church pastors, develop leadership and mentoring program for local Mexican pastors and churches | $111,106 | $0 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Jami Covone | CFO | FT | $0 | - | - |
| Philip Covone | CEO | FT | $0 | - | - |
| John Read | Comptroller | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Covone Ministries
- EIN
- 45-5468129
- In Care Of
- % John Read
- Phone
- 7706164775
- Address
- 1060 Blind Brook Circle, Hoschton, GA 30548
Signing Officer
- Name
- John Read
- Title
- Comptroller
- Phone
- 7706164775
- Signed
- 2026-03-09
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Davidson & McGlaun LLC
- Address
- 360 Lake Club Circle, Lavonia, GA 30553
- Preparer
- Michelle L Davidson
- Phone
- 7708550954
Supplemental Narrative
Additional Explanations
Description of other expenses Part I line 16
“Description AmountAdvertising and marketing 1,626Bank and credit card service fees 24Dues and subscriptions 2,467Office and general supplies 11Vehicle expenses 4,290Ministry & Bible Expenses 478Mission Support 2,733Travel expense 3,140Faithful disciple expenses 714Materials and resources 434Other expenses 307Admin 181Miscellaneous 1,648”
Description of other assets Part II line 24
“Category Beginning of Year End of YearPayroll Liabilities 1,186 64”
General explanation attachment
“Primary purpose of Covone Ministries is to share the gospel of Jesus Christ, multiple disciples and house churches. Provice people in rural areas of Mexico that have no access to an evangelical church, we take the church to them and teach them how to conduct church.”
Raw XML Appendix147 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | Jami Covone |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 7706164775 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1060 Blind Brook Circle |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Hoschton |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | GA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 30548 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 27310 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 11756 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 111106 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -16676 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 1250 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 48323 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 31647 |
| IRS990EZ/GrossReceiptsAmt | 0 | 111106 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 19827 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 19827 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 48323 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 31647 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 48323 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 31647 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 3073 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 40.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 60.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Jami Covone |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Philip Covone |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | John Read |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | CFO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | CEO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Comptroller |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 1186 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 64 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 18053 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | Share gospel of Jesus in rural Mexico |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 211 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | For rural areas of Mexico we establish Home Churches, mentor community church pastors, develop leadership and mentoring program for local Mexican pastors and churches |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 111106 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 105195 |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | GA |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 127782 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/TotalRevenueAmt | 0 | 111106 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 111106 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 128288 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 138822 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 190681 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 165266 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 734163 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 350 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 3500 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 600 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 4450 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.99400 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 734163 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 111106 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 128288 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 138822 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 190681 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 165266 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 734163 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 738613 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Description AmountAdvertising and marketing 1,626Bank and credit card service fees 24Dues and subscriptions 2,467Office and general supplies 11Vehicle expenses 4,290Ministry & Bible Expenses 478Mission Support 2,733Travel expense 3,140Faithful disciple expenses 714Materials and resources 434Other expenses 307Admin 181Miscellaneous 1,648 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Category Beginning of Year End of YearPayroll Liabilities 1,186 64 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Primary purpose of Covone Ministries is to share the gospel of Jesus Christ, multiple disciples and house churches. Provice people in rural areas of Mexico that have no access to an evangelical church, we take the church to them and teach them how to conduct church. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Description of other expenses Part I line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Description of other assets Part II line 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | General explanation attachment |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | JOHN READ |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Comptroller |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7706164775 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2026-03-09 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Covone Ministries |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | COVO |
| ReturnHeader/Filer/EIN | 0 | 455468129 |
| ReturnHeader/Filer/InCareOfNm | 0 | % John Read |
| ReturnHeader/Filer/PhoneNum | 0 | 7706164775 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1060 Blind Brook Circle |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Hoschton |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | GA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 30548 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 994692590 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Davidson & McGlaun LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 360 Lake Club Circle |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Lavonia |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | GA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 30553 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7708550954 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2026-03-09 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | MICHELLE L DAVIDSON |
| ReturnHeader/ReturnTs | 0 | 2026-03-09T09:37:59-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2025-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2025-12-31 |
| ReturnHeader/TaxYr | 0 | 2025 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2025 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $31,647
- Liabilities
- $0
- Net assets
- $31,647
- Revenue
- $111,106
- Expenses
- $127,782
- Net income
- -$16,676