Civic Intelligence

Olde Town Covington Inc

EIN 54-2029531 • 501(c)3 • Covington, VA

Profile

To promote the revitalization and economic development of downtown Covington through events and activities.

450 W Main StreetCovington, VA 24426

www.oldetowncovington.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

65th percentile

0.01x

Higher debt load relative to assets than 65% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

66th percentile

0.01x

Higher debt load relative to revenue than 66% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Net Margin

90th percentile

52%

Higher net margin than 90% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

Score unavailable

No value available

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

Source year 2025

Revenue Growth

Score unavailable

No value available

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

Source year 2025

Balance Sheet
Liabilities / Assets65th percentile

Assets

$78,733

No earlier filing loaded for comparison.

Liabilities

$632

No earlier filing loaded for comparison.

Net Assets

$78,101

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue66th percentileNet Margin90th percentile

Revenue

$99,242

No earlier filing loaded for comparison.

Expenses

$47,681

No earlier filing loaded for comparison.

Net Income

$51,561

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

Grouped bars show assets, liabilities, and net assets across loaded filings.

$80K$60K$40K$20K$0Assets 2025: $78,733Liabilities 2025: $632Net Assets 2025: $78,1012025

Highlighted filing

2025

Assets$78,733
Liabilities$632
Net Assets$78,101
Open 2025 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0Revenue 2025: $99,242Expenses 2025: $47,681Net Income 2025: $51,5612025

Highlighted filing

2025

Revenue$99,242
Expenses$47,681
Net Income$51,561
Open 2025 Filing

Filings

Most recent year

2025 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$78,733
Liabilities
$632
Net assets
$78,101
Revenue
$99,242
Expenses
$47,681
Net income
$51,561
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$78.7$0.63$78.1$99.2$47.7$51.6
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Aug 29, 2025
Return Version
2024v5.2
Gross Receipts
$99,242
Mission and Program Overview

Mission

To promote the revitalization and economic development of downtown Covington through events and activities.

Program Services

DescriptionGrantsExpenses
To be accepted into Main Street America, Sponsor Events and Activities to provide entertainment, educational and tourism opportunities.$81,039$47,681
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Wanda CrawfordSecretaryPT$9,477-$9,477
Kester DingusExecutive DirectorFT$997-$997
Afton GriffinPresidentPT$0--
Jaime HaleTreasurer-$0--
Lisa AkersBoard Member-$0--
Anthony O'BrienBoard Member-$0--
Lisa WorleyParks & Rec Board Member-$0--
Susan CrowderCity Council Board Member-$0--
Jonathan CallowayBoard Member-$0--
Lisa SponaugleBoard Member-$0--
Terri McClungBoard Member-$0--
Josh TaylorEx-Officio Chamber Board Member-$0--
Christine HodgesEx-Officio Farmers Market Board Member-$0--
Filing and Contact Details

Filer

Filer Name
Olde Town Covington Inc
EIN
54-2029531
Phone
5406202668
Address
450 W Main Street, Covington, VA 24426

Signing Officer

Name
Jaime J Hale
Title
Treasurer
Phone
5406202668
Signed
2025-08-29
Discuss with paid preparer
Yes

Preparer

Firm
Stuart M Hale Jr CPA Pc
Address
519 West Main Street, Covington, VA 24426
Preparer
Stuart M Hale Jr
Phone
5409624566
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 10

“Provide playground equipment; Program; Play with a Purpose: 333 W. Locust Street, Covington, VA, 24426; None, 3760.”

Form 990EZ, Part I, Line 16

“Accounting 1130.”

Form 990EZ, Part I, Line 16

“Insurance 1932.”

Form 990EZ, Part I, Line 16

“Dues and Subscriptions 750.”

Form 990EZ, Part I, Line 16

“Conferences and Meetings 291.”

Form 990EZ, Part I, Line 16

“Taxes and Licenses 876.”

Form 990EZ, Part I, Line 16

“Supplies 254.”

Form 990EZ, Part I, Line 16

“Purchases for events 8681.”

Form 990EZ, Part I, Line 16

“Entertainment for events 3655.”

Form 990EZ, Part I, Line 16

“Telephone and Internet 1673.”

Form 990EZ, Part I, Line 16

“Travel 15.”

Form 990EZ, Part I, Line 16

“Prizes and awards 600.”

Form 990EZ, Part I, Line 16

“Website 1442.”

Raw XML Appendix234 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.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Lisa Akers
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Anthony O'Brien
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7Jonathan Calloway
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm11Christine Hodges
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IRS990EZ/OperateHospitalInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Provide playground equipment; Program; Play with a Purpose: 333 W. Locust Street, Covington, VA, 24426; None, 3760.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Accounting 1130.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Insurance 1932.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Dues and Subscriptions 750.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Conferences and Meetings 291.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Supplies 254.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Telephone and Internet 1673.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Travel 15.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Prizes and awards 600.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part I, Line 16
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990EZ, Part I, Line 16
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Jaime J Hale
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum05406202668
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-08-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Olde Town Covington Inc
ReturnHeader/Filer/BusinessNameControlTxt0OLDE
ReturnHeader/Filer/EIN0542029531
ReturnHeader/Filer/PhoneNum05406202668
ReturnHeader/Filer/USAddress/AddressLine1Txt0450 W Main Street
ReturnHeader/Filer/USAddress/CityNm0Covington
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd024426
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0272982695
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0STUART M HALE JR CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0519 West Main Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Covington
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd024426
ReturnHeader/PreparerPersonGrp/PhoneNum05409624566
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Stuart M Hale Jr
ReturnHeader/ReturnTs02025-11-17T13:09:22-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-07-01
ReturnHeader/TaxPeriodEndDt02025-06-30
ReturnHeader/TaxYr02024

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