Status and standing
Is it real, and can you give to it?
Where the money goes
What each dollar paid for.
Statement of Functional Expenses
Financial health
Is it on solid ground?
Summary of the Filing
| FY2019 | $271K |
|---|---|
| FY2020 | $380K |
| FY2021 | $430K |
| FY2022 | $522K |
| FY2023 | $533K |
| FY2024 | $297K |
| FY2019 | $76K |
|---|---|
| FY2020 | $191K |
| FY2021 | $282K |
| FY2022 | $233K |
| FY2023 | $97K |
| FY2024 | $120K |
Balance Sheet
Statement of Revenue
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 70% | — | — |
| Overhead ratio | 30% | — | — |
| Revenue growth | 57% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Leadership and pay
Who runs it, and what are they paid?
Officers, Directors & Key Employees
Christine Kovago’s $116K as President is at the 89th percentile of top reported officer pay among 1612 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 2 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|
| Christine Kovago | $115,602 | $132,532 | $135,038 | $114,714 | $111,821 | $105,960 |
| Agoston Kovago | — | — | $13,609 | $6,530 | — | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
See Kovago Developmental Foundation INC executive salaries →Are you one of these people? Claim this org to confirm your role
Governance & Policies
- 3Voting board membersPt VI · Ln 1a
- 1Independent board membersPt VI · Ln 1b
- Conflict-of-interest policyPt VI · Ln 12aNo
- Whistleblower policyPt VI · Ln 13No
- Document retention policyPt VI · Ln 14Yes
- Top official’s pay independently reviewedPt VI · Ln 15aNo
- Family or business ties among leadersPt VI · Ln 2Yes
Mission and programs
What it does.
Offers Montessori preschool and elementary education to about 100 students annually.
This section is blank until Kovago Developmental Foundation INC claims this page.
Know this organization? Claim it to add your story
Where the work happens
Provided preschool elementary education in the montessori method to approximately 100 students
Run this program? Claim this org to tell your story
Filing history
Every return on file.
| Year | Revenue | Expenses | Change | Filing |
|---|---|---|---|---|
| FY2024 Latest | $749K | $1.0M | -41% | 990 PDF |
| FY2023 | $1.3M | $1.1M | -0.4% | 990 PDF |
| FY2022 Viewing | $1.3M | $1.1M | +57% | 990 PDF |
| FY2021 | $811K | $866K | >-0.01% | 990 PDF |
| FY2020 | $811K | $817K | -9% | 990 PDF |
| FY2019 | $887K | $852K | 990 PDF |
Want to add your own materials alongside these filings? Claim this org
Schedules filed Part IV
Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.
Similar organizations you could support
Run this organization? Claim this page
Compare
Sources
Names, privacy, and removal requests More
The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.
Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.
We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.
Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.
If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.
Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.
If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.
If you ARE the filing organization, claim this org and add context
Made it to the end? Claim this organization