David J Koviak Foundation is a 501(c)(3) organization based in Grosse Pointe Farms, Michigan, registered in 2019, with $20,448 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$20K
▼ 14.8% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$46K
Net assets
$319K
Employees
—
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 David J Koviak Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 David J Koviak Foundation: 84 mo reserves · -124% margin earns a F on this criterion. See the exact thresholds →
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 David J Koviak Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 David J Koviak Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $371K (FY2019) to $20K (FY2024) across 6 reported years.
Financial snapshot
Operating margin
-124.1%
Spent more than it raised in the latest fiscal year.
Total assets
$319K
Total liabilities
$0
Net assets
$319K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $20,448▼14.8% | $45,822▲0.1% | $319,265▼7.7% | $319,265▼7.7% | 990PF |
| 2023 | $24,002▲24.5% | $45,754▼6.9% | $345,861▼6.0% | $345,861▼6.0% | 990PF |
| 2022 | $19,279▼50.8% | $49,149▼6.1% | $368,047▼7.6% | $368,047▼7.6% | 990PF |
| 2021 | $39,175▲181% | $52,363▲30.5% | $398,328▼3.2% | $398,328▼3.2% | 990PF |
| 2020 | $13,962▼96.2% | $40,138▲49.9% | $411,366▼5.8% | $411,366▼5.8% | 990PF |
| 2019 | $371,469 | $26,777 | $436,767 | $436,767 | 990PF |
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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Data for David J Koviak Foundation (EIN 83-2912135) 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.