Cove School INC: FY2024 Nonprofit Profile & Form 990 (EIN 39-0930993)

Revenue by fiscal year
FY2021	$11.5M
FY2022	$10.4M
FY2023	$12.7M
FY2024	$14.1M
FY2025	$13.2M

Expenses by fiscal year
FY2021	$10.5M
FY2022	$10.3M
FY2023	$11.0M
FY2024	$12.2M
FY2025	$14.1M

Net assets by fiscal year
FY2021	$10.1M
FY2022	$10.1M
FY2023	$11.9M
FY2024	$14.1M
FY2025	$13.3M

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 1948.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

84 cents of each dollar spent went to programs.

84%

12%

Program services 84% · $10.3M Management & general 12% · $1.5M Fundraising 4% · $484K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

25 people listed on the 990; $1.2M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII

Sally Sover

Executive Director

$286,296Pt VII · Sec A

Alexandra Argentar

Director of Advancement

$178,796Pt VII · Sec A

Stacy Post

Director of Finance/Admin

$169,206Pt VII · Sec A

Mark Ditthardt

Director of Admissions

$152,588Pt VII · Sec A

Regina Aniolowski

Principal (elem/Jh)

$132,080Pt VII · Sec A

John Markich

Building Manager

$124,655Pt VII · Sec A

Sue Turner

Speech Pathologist

$122,980Pt VII · Sec A

Howard Ellen

Trustee

$0Pt VII · Sec A

Sally Sover’s $296K as Executive Director is at the 64th percentile of top reported officer pay among 3683 $10–100M 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 · 8 named individuals · Part VII

Name	FY2025	FY2024	FY2023	FY2022	FY2021
Sally Sover	$296,496	$286,296	$276,661	$258,297	$255,740
Alexandra Argentar	$193,351	$178,796	$173,170	—	—
Stacy Post	$175,415	$169,206	$164,595	$150,021	$146,856
Jan Morgan	—	—	$162,311	$156,710	$155,563
Mark Ditthardt	$158,222	$152,588	$146,034	$141,143	$140,550
Regina Aniolowski	$142,733	$132,080	$124,330	$115,453	—
Vivian Drexler	—	—	—	$130,871	$126,422
Sue Turner	$124,798	$122,980	$126,673	$123,782	$119,633

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 Cove School INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

Family or business ties among officersPt VI · Ln 2No
Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Offers personalized education for children with learning disabilities.

Questions for Cove School INC

Tap to ask. Cove School INC sees how many people are interested.

Your first name shows with your question. Cove School INC answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $10.3M · in their own filed words · FY2023

01

Day and summer school training of learning-disabled children. There were approximately 165 (167.16 fte's) students at the cove school and 16 (16 fte's) at the career center during the school year (176 days) and 133 (114.05 fte's) students during summer school at the cove school (25 day).

$10.3Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid

Grants received · FY2025

Quinn Emanuel FoundationFY2025$20K

Total grants receivedfrom 1 funder$20K

Grants paid · 3 grants · $244K · 2020–2024

Unitemized GrantFY2024$84,045

Unitemized GrantFY2021$85,500

Unitemized GrantFY2020$74,045

By the numbers

The FY2024 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$14.1M

Ln 12

Fees for servicesLn 2g$12.3M

Gifts and grantsLn 1h$2.0M

Investment incomeLn 3$39K

Money outPt IX

$12.2M

Ln 25

Programscol B$10.3M

Managementcol C$1.5M

Fundraisingcol D$484K

Owns and owesPt X

$14.1M

net assets · Ln 32

Cash and savingsLn 1–2$9.5M

Total assetsLn 16$17.2M

LiabilitiesLn 26$3.1M

PeoplePt VI, VII

25

listed · VII A

PaidVII A7

Voting boardVI 1a16

IndependentVI 1b16

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$2.0M

Government grantsLn 1e$22K

Noncash giftsLn 1g$187K

Fundraising eventsLn 1c$648K

Fees for servicesLn 2g$12.3M

Investment incomeLn 3$39K

Total revenueLn 12$14.1M

Assets in detailPt X, end of year

CashLn 1$3.0M

SavingsLn 2$6.5M

Cash and savings togetherLn 1–2$9.5M

Land, buildings, equipmentLn 10c$3.6M

Other assetsLn 15$588K

Total assetsLn 16$17.2M

LiabilitiesLn 26$3.1M

Net assetsLn 32$14.1M

OperationsPt I, VI

EmployeesI 5159

VolunteersI 6171

Fiscal year endsHeaderJune

Conflict-of-interest policyVI 12aYes

Whistleblower policyVI 13Yes

Records policyVI 14Yes

3Year over year

Balance sheet, start vs end of yearPt X · col A, B

Line	Start FY24	End FY24
Cash and savingsLn 1–2	$8.2M	$9.5M
Land, buildings, equipmentLn 10c	$3.8M	$3.6M
Total assetsLn 16	$14.9M	$17.2M
LiabilitiesLn 26	$3.0M	$3.1M
Net assetsLn 32	$11.9M	$14.1M

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Grants to domestic individualsLn 2	$86K	$86K
Pay of current officers, directors and key staffLn 5	$527K	$474K	$53K
Other salaries and wagesLn 7	$7.4M	$6.3M	$774K	$373K
Pension plan contributionsLn 8	$68K	$68K
Other employee benefitsLn 9	$1.0M	$868K	$91K	$45K
Payroll taxesLn 10	$572K	$487K	$59K	$26K
Legal feesLn 11b	$18K		$18K
Accounting feesLn 11c	$61K		$61K
Lobbying feesLn 11d	$60K		$60K
Other fees for servicesLn 11g	$180K	$173K	$7K
Advertising and promotionLn 12	$19K	$19K
Office expensesLn 13	$179K	$132K	$44K	$3K
OccupancyLn 16	$476K	$328K	$135K	$13K
TravelLn 17	$4K		$4K
InterestLn 20	$128K	$128K
Depreciation, depletion and amortizationLn 22	$457K	$366K	$73K	$18K
InsuranceLn 23	$133K	$133K
Other expenses (24a–d)Ln 24	$807K	$721K	$87K
All other expensesLn 24e	$22K	$16K		$6K
Total functional expensesLn 25	$12.2M	$10.3M	$1.5M	$484K

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2025 Latest	$13.2M	$14.1M	−$988K	$13.3M	990 PDF
FY2024 Viewing	$14.1M	$12.2M	$1.9M	$14.1M	990 PDF
FY2023	$12.7M	$11.0M	$1.7M	$11.9M	990 PDF
FY2022	$10.4M	$10.3M	$16K	$10.1M	990 PDF
FY2021	$11.5M	$10.5M	$942K	$10.1M	990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

See the full FY2024 990 (6 parts)

Part I · Summary $14,091,414 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $2,304,247$1,987,620

I-9 Program service revenuePrior year $10,438,426$12,283,204

I-10 Investment incomePrior year $8,494$38,775

I-11 Other revenuePrior year −$53,245−$218,185

I-12 Total revenuePrior year $12,697,922$14,091,414

I-13 Grants and similar amounts paidPrior year $76,126$85,750

I-14 Benefits paid to membersPrior year $0$0

I-15 Salaries and benefitsPrior year $8,667,456$9,581,663

I-16a Professional fundraising feesPrior year $0$0

I-17 Other expensesPrior year $2,277,843$2,546,652

I-18 Total expensesPrior year $11,021,425$12,214,065

I-19 Revenue less expensesPrior year $1,676,497$1,877,349

Part VI · Governance 16 of 16 board members independent, 1 to look at

VI-1a Voting members of the governing body16

VI-1b Independent voting members16

VI-15a Process for setting top official's payNo

VI-2 Family or business relationship among officers or directorsNo

VI-12a Written conflict of interest policyYes

VI-13 Written whistleblower policyYes

VI-14 Document retention and destruction policyYes

Part VIII · Statement of revenue $14,091,414 across 9 lines filed

Lines not itemized here account for $29,604 of total revenue; see the IRS return.

VIII-1c Fundraising events$648,347

VIII-1e Government grants$22,184

VIII-1f All other contributions, gifts and grants$1,317,089

VIII-1g Noncash contributions (included above)$186,629

VIII-1h Total contributions, gifts and grants$1,987,620

VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $12,283,204$12,283,204

VIII-3 Investment incomeExcluded from tax $38,775$38,775

VIII-8 Net income from fundraising eventsExcluded from tax −$247,789−$247,789

VIII-12 Total revenueRelated to mission $12,283,204 · Unrelated business $0 · Excluded from tax −$179,410$14,091,414

Part IX · Statement of functional expenses $12,214,065 across 19 lines filed

IX-2 Grants to domestic individualsPrograms $85,750$85,750

IX-5 Pay of current officers, directors and key staffPrograms $474,346 · Management $52,774$527,120

IX-7 Other salaries and wagesPrograms $6,263,492 · Management $774,444 · Fundraising $372,822$7,410,758

IX-8 Pension plan contributionsPrograms $67,691$67,691

IX-9 Other employee benefitsPrograms $867,727 · Management $91,391 · Fundraising $45,374$1,004,492

IX-10 Payroll taxesPrograms $486,606 · Management $59,167 · Fundraising $25,829$571,602

IX-11b Legal feesManagement $18,374$18,374

IX-11c Accounting feesManagement $61,263$61,263

IX-11d Lobbying feesManagement $60,000$60,000

IX-11g Other fees for servicesPrograms $173,034 · Management $7,260$180,294

IX-12 Advertising and promotionPrograms $19,040$19,040

IX-13 Office expensesPrograms $131,812 · Management $44,175 · Fundraising $3,018$179,005

IX-16 OccupancyPrograms $328,492 · Management $134,942 · Fundraising $12,645$476,079

IX-17 TravelManagement $4,207$4,207

IX-20 InterestPrograms $128,332$128,332

IX-22 Depreciation, depletion and amortizationPrograms $365,894 · Management $73,179 · Fundraising $18,295$457,368

IX-23 InsurancePrograms $133,067$133,067

IX-24 Other expenses (24a–d)Programs $720,755 · Management $86,643$807,398

IX-24e All other expensesPrograms $16,419 · Fundraising $5,806$22,225

IX-25 Total functional expensesPrograms $10,262,457 · Management $1,467,819 · Fundraising $483,789$12,214,065

Part X · Balance sheet $17,187,392 assets, 16 lines filed

X-1 Cash, non-interest-bearingStart of year $2,004,184$2,979,982

X-2 Savings and temporary cash investmentsStart of year $6,229,499$6,526,161

X-3 Pledges and grants receivableStart of year $1,290,179$1,794,133

X-4 Accounts receivableStart of year $726,582$1,307,479

X-9 Prepaid expenses and deferred chargesStart of year $280,056$420,869

X-10c Land, buildings and equipment, netStart of year $3,814,358$3,571,198

X-15 Other assetsStart of year $557,530$587,570

X-16 Total assetsStart of year $14,902,388$17,187,392

X-17 Accounts payable and accrued expensesStart of year $705,636$857,560

X-19 Deferred revenueStart of year $3,600$4,463

X-25 Other liabilitiesStart of year $175,951$599,656

X-26 Total liabilitiesStart of year $2,979,026$3,105,578

X-27 Net assets without donor restrictionsStart of year $9,117,349$10,324,319

X-28 Net assets with donor restrictionsStart of year $2,806,013$3,757,495

X-32 Total net assets or fund balancesStart of year $11,923,362$14,081,814

X-33 Total liabilities and net assetsStart of year $14,902,388$17,187,392

Part XI · Reconciliation of net assets $14,081,814 net assets at year end

XI-1 Total revenue$14,091,414

XI-2 Total expenses$12,214,065

XI-3 Revenue less expenses$1,877,349

XI-4 Net assets at start of year$11,923,362

XI-5 Net unrealized gains (losses) on investments$281,103

XI-9 Other changes in net assets$0

XI-10 Net assets at end of year$14,081,814

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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

Cove School INC FY2024 filing

Before you give