Cove Parent-teacher Organization
Only null% goes to programs Strong reserves Growing revenue
Cove Parent-teacher Organization is a 501(c)(3) organization based in Beverly, Massachusetts, registered in 1999, with $51,038 in FY2024 revenue. CharityIndex grades it B.
20 Eisenhower Ave, Beverly, MA, 01915 EIN 04-3221955 Since 1999
Revenue (FY2024)
$51K
▼ 2.2% vs prior year
Education median: $200K
Expenses (FY2024)
$45K
Net assets
$43K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Cove Parent-teacher Organization— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating11 mo reserves · +13% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Cove Parent-teacher Organization: 11 mo reserves · +13% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Cove Parent-teacher Organization— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Cove Parent-teacher Organization: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 20 Eisenhower Ave, Beverly, MA, 01915
- City
- Beverly
- State
- Massachusetts
- Category
- Education
- Subcategory
- Educational Services
- Website
- …
Financial trends
Revenue grew from $50K (FY2010) to $51K (FY2024) across 15 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $43K
Operating margin
12.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$43K
Total liabilities
$0
Net assets
$43K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $51,038▼2.2% | $44,510▲20.0% | $42,522▲18.1% | $42,522▲18.1% | 990EZ |
| 2023 | $52,210▲0.9% | $37,089▼11.3% | $35,994▲72.4% | $35,994▲72.4% | 990EZ |
| 2022 | $51,720▲58.8% | $41,819▼32.5% | $20,873▲90.2% | $20,873▲90.2% | 990EZ |
| 2021 | $32,572▲252% | $61,932▲189% | $10,972▼72.8% | $10,972▼72.8% | 990EZ |
| 2020 | $9,249▼77.4% | $21,436▼25.8% | $40,332▼23.2% | $40,332▼23.2% | 990EZ |
| 2019 | $40,945▼20.6% | $28,874▼45.0% | $52,519▲29.8% | $52,519▲29.8% | 990EZ |
| 2018 | $51,569▲4.9% | $52,512▲7.2% | $40,448▼2.3% | $40,448▼2.3% | 990EZ |
| 2017 | $49,164▼2.9% | $48,975▲2.6% | $41,391▲0.5% | $41,391▲0.5% | 990EZ |
| 2016 | $50,638▲13.6% | $47,723▲30.7% | $41,202▲7.6% | $41,202▲7.6% | 990EZ |
| 2015 | $44,565▲3.5% | $36,500▼4.7% | $38,287▲26.7% | $38,287▲26.7% | 990EZ |
| 2014 | $43,069▲9.7% | $38,316▼10.2% | $30,222▲18.7% | $30,222▲18.7% | 990EZ |
| 2013 | $39,258▼21.5% | $42,655▼11.6% | $25,469▼11.8% | $25,469▼11.8% | 990EZ |
| 2012 | $50,041▼2.5% | $48,276▲0.1% | $28,866▲6.5% | $28,866▲6.5% | 990EZ |
| 2011 | $51,343▲3.6% | $48,232▲18.6% | $27,101▲13.0% | $27,101▲13.0% | 990EZ |
| 2010 | $49,557 | $40,666 | $23,990 | $23,990 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Frequently asked questions
- Is Cove Parent-teacher Organization a legitimate nonprofit?
- Yes. Cove Parent-teacher Organization is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 04-3221955, based in Beverly, Massachusetts. Donations are tax-deductible.
- What is Cove Parent-teacher Organization's EIN?
- Cove Parent-teacher Organization's Employer Identification Number (EIN) is 04-3221955.
- How much revenue does Cove Parent-teacher Organization report?
- Cove Parent-teacher Organization reported $51,038 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Cove Parent-teacher Organization have?
- CharityIndex grades Cove Parent-teacher Organization B, based on financial health (reserves and operating margin).
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Data for Cove Parent-teacher Organization (EIN 04-3221955) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.