The Cove FY2024 filing

Tax-deductible

Twisp, WA501(c)(3)Human ServicesEIN 91-2051659Revenue $357K in FY2024

On file with the IRSthecovecares.comPo Box 895, 98856-0895 · Twisp, WATax-exempt since Aug 2000Publicly supported charity — 170(b)(1)(A)(vi)

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To provide food and assistance to people in need in the Methow Valley of Washington state.

501(c)(3) charity; gifts are tax-deductible.
95¢ of each $1 spent went to programs.
$76K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $233K a year · 46% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
95%
of spending
Looks good: 95% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$76K
to officers and key staff · 30% of spending
Worth a look: pay to officers and key staff is 30% of spending; over 20%.
Pt VII · Sec A
Cash reserves
28 mo
of spending, in cash
Looks good: 28.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $5K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$520
0.03% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
10
of 10 voting members
Looks good: 10 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$357K
-10% vs prior year
Spent
$250K
To programs
95%
Net assets
$1.8M
By yearFY2020–FY2025
Revenue
$357K
FY2024▼ -10%
Tap a bar for its year
Revenue by fiscal year
FY2020$860K
FY2021$438K
FY2022$311K
FY2023$398K
FY2024$357K
FY2025$655K
Expenses
$250K
FY2024▼ -2%
Tap a bar for its year
Expenses by fiscal year
FY2020$362K
FY2021$231K
FY2022$246K
FY2023$253K
FY2024$250K
FY2025$278K
Net assets
$1.8M
FY2024▲ +8%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.3M
FY2021$1.5M
FY2022$1.5M
FY2023$1.7M
FY2024$1.8M
FY2025$2.2M

From the FY2024 Form 990 · see the original

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You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Aug 2000.

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

Where the money goes

95 cents of each dollar spent went to programs.

Program services 95% · $237K Management & general 4% · $11K Fundraising 1% · $2K

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

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Who runs it and what they're paid

10 people listed on the 990; $76K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$28,800Pt VII · Sec A
$19,500Pt VII · Sec A
Chairman
$18,000Pt VII · Sec A
$4,100Pt VII · Sec A
Vice Chairman
$3,300Pt VII · Sec A
Secretary
$2,400Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Glenn Schmekel’s $29K as Executive Director is at the 17th percentile of top reported officer pay among 2168 $100K–1M human services 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

NameFY2025FY2024FY2023FY2022FY2021FY2020
Glenn Schmekel$28,800$28,800$25,967$24,000$24,000$22,100
Diana Hoffman$24,000$19,500————
Rick Lewis$18,000$18,000$14,681$12,000$12,000$3,000
Jennifer Elden———$2,500$6,000$3,000
Darlene Schoenwald——$5,750———
Carole Stusinski$4,100$4,100$2,850$2,850$3,000$1,500
Karen Dahl$3,480$3,300$2,900———
Jenna Butti—$2,400————

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.

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Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Feeds and assists people in need in Washington's Methow Valley.

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Provided by the organization

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3 programs · $237K · in their own filed words · FY2024
01

Operate a food bank that serves approximately 8,500 people.

$194Kprogram expense
02

Serving families in need with Christmas food baskets and gifts for children. Also helping with utility bills. Serves 475 people. 150 volunteers

$30Kprogram expense
03

To provide direct financial assistance to needy families. Serves 85 people.

$13Kprogram 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
Total grants receivedfrom 1 funder$5K
Grants paid · 6 grants · $180K · 2020–2025
Unitemized GrantFY2025$49,575
Unitemized GrantFY2024$13,369
Unitemized GrantFY2023$21,750
Unitemized GrantFY2022$12,000
Unitemized GrantFY2021$12,000
Unitemized GrantFY2020$70,932

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$357K
Ln 12
Gifts and grantsLn 1h$332K
Investment incomeLn 3$25K
Money outPt IX
$250K
Ln 25
Programscol B$237K
Managementcol C$11K
Fundraisingcol D$2K
Owns and owesPt X
$1.8M
net assets · Ln 32
Cash and savingsLn 1–2$587K
Total assetsLn 16$1.8M
LiabilitiesLn 26$520
PeoplePt VI, VII
10
listed · VII A
PaidVII A6
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$332K
Government grantsLn 1e$25K
Noncash giftsLn 1g$49K
Fundraising eventsLn 1c$12K
Investment incomeLn 3$25K
Gains on assetsLn 7$0
Total revenueLn 12$357K
Assets in detailPt X, end of year
CashLn 1$232K
SavingsLn 2$355K
Cash and savings togetherLn 1–2$587K
InvestmentsLn 11–13$474K
Land, buildings, equipmentLn 10c$750K
Other assetsLn 15$0
Total assetsLn 16$1.8M
LiabilitiesLn 26$520
Net assetsLn 32$1.8M
OperationsPt I, VI
EmployeesI 54
VolunteersI 675
Fiscal year endsHeaderDecember
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
LineStart FY24End FY24
Cash and savingsLn 1–2$490K$587K
InvestmentsLn 11–13$429K$474K
Land, buildings, equipmentLn 10c$751K$750K
Total assetsLn 16$1.7M$1.8M
LiabilitiesLn 26$2K$520
Net assetsLn 32$1.7M$1.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0$0
Grants to domestic individualsLn 2$95K$95K
Grants and assistance to foreign recipientsLn 3$0$0
Benefits paid to or for membersLn 4$0$0
Pay of current officers, directors and key staffLn 5$66K$66K$0$0
Pay of disqualified personsLn 6$0$0$0$0
Other salaries and wagesLn 7$0$0$0$0
Pension plan contributionsLn 8$0$0$0$0
Other employee benefitsLn 9$0$0$0$0
Payroll taxesLn 10$6K$6K$0$0
Management feesLn 11a$6K$4K$2K$0
Legal feesLn 11b$0$0$0$0
Accounting feesLn 11c$4K$0$4K$0
Lobbying feesLn 11d$0$0$0$0
Professional fundraising feesLn 11e$0$0
Investment management feesLn 11f$6K$6K$0$0
Other fees for servicesLn 11g$3K$3K$0$0
Advertising and promotionLn 12$593$593$0$0
Office expensesLn 13$4K$0$4K$0
Information technologyLn 14$3K$3K$0$0
RoyaltiesLn 15$0$0$0$0
OccupancyLn 16$21K$21K$0$0
TravelLn 17$2K$2K$0$0
Travel and entertainment for public officialsLn 18$0$0$0$0
Conferences, conventions and meetingsLn 19$0$0$0$0
InterestLn 20$0$0$0$0
Payments to affiliatesLn 21$0$0$0$0
Depreciation, depletion and amortizationLn 22$25K$25K$0$0
InsuranceLn 23$5K$5K$0$232
Other expenses (24a–d)Ln 24$2K$210$0$1K
Total functional expensesLn 25$250K$237K$11K$2K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $655K$278K$377K$2.2M 990 PDF
FY2024 Viewing $357K$250K$108K$1.8M 990 PDF
FY2023 $398K$253K$145K$1.7M 990 PDF
FY2022 $311K$246K$64K$1.5M 990 PDF
FY2021 $438K$231K$207K$1.5M 990 PDF
FY2020 $860K$362K$497K$1.3M 990 PDF

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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 $357,183 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $362,563$332,127
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $35,435$25,056
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $397,998$357,183
I-13 Grants and similar amounts paidPrior year $109,884$94,779
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $64,220$72,575
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $79,300$82,175
I-18 Total expensesPrior year $253,404$249,529
I-19 Revenue less expensesPrior year $144,594$107,654
Part VI · Governance 10 of 10 board members independent, 2 to look at
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
VI-2 Family or business relationship among officers or directorsYes
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $357,183 across 14 lines filed
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$12,450
VIII-1d Related organizations$0
VIII-1e Government grants$25,000
VIII-1f All other contributions, gifts and grants$294,677
VIII-1g Noncash contributions (included above)$48,700
VIII-1h Total contributions, gifts and grants$332,127
VIII-3 Investment incomeRelated to mission $25,056 · Unrelated business $0 · Excluded from tax $0$25,056
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-6 Net rental income or lossRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-7 Net gain or loss on sales of assetsRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-8 Net income from fundraising eventsUnrelated business $0 · Excluded from tax $0$0
VIII-12 Total revenueRelated to mission $25,056 · Unrelated business $0 · Excluded from tax $0$357,183
Part IX · Statement of functional expenses $249,529 across 30 lines filed
IX-1 Grants to domestic organizationsPrograms $0$0
IX-2 Grants to domestic individualsPrograms $94,779$94,779
IX-3 Grants and assistance to foreign recipientsPrograms $0$0
IX-4 Benefits paid to or for membersPrograms $0$0
IX-5 Pay of current officers, directors and key staffPrograms $66,300 · Management $0 · Fundraising $0$66,300
IX-6 Pay of disqualified personsPrograms $0 · Management $0 · Fundraising $0$0
IX-7 Other salaries and wagesPrograms $0 · Management $0 · Fundraising $0$0
IX-8 Pension plan contributionsPrograms $0 · Management $0 · Fundraising $0$0
IX-9 Other employee benefitsPrograms $0 · Management $0 · Fundraising $0$0
IX-10 Payroll taxesPrograms $6,275 · Management $0 · Fundraising $0$6,275
IX-11a Management feesPrograms $3,825 · Management $2,400 · Fundraising $0$6,225
IX-11b Legal feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11c Accounting feesPrograms $0 · Management $4,100 · Fundraising $0$4,100
IX-11d Lobbying feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11e Professional fundraising feesFundraising $0$0
IX-11f Investment management feesPrograms $6,374 · Management $0 · Fundraising $0$6,374
IX-11g Other fees for servicesPrograms $3,300 · Management $0 · Fundraising $0$3,300
IX-12 Advertising and promotionPrograms $593 · Management $0 · Fundraising $0$593
IX-13 Office expensesPrograms $0 · Management $4,264 · Fundraising $0$4,264
IX-14 Information technologyPrograms $2,866 · Management $0 · Fundraising $0$2,866
IX-15 RoyaltiesPrograms $0 · Management $0 · Fundraising $0$0
IX-16 OccupancyPrograms $21,159 · Management $0 · Fundraising $0$21,159
IX-17 TravelPrograms $1,650 · Management $0 · Fundraising $0$1,650
IX-18 Travel and entertainment for public officialsPrograms $0 · Management $0 · Fundraising $0$0
IX-19 Conferences, conventions and meetingsPrograms $0 · Management $0 · Fundraising $0$0
IX-20 InterestPrograms $0 · Management $0 · Fundraising $0$0
IX-21 Payments to affiliatesPrograms $0 · Management $0 · Fundraising $0$0
IX-22 Depreciation, depletion and amortizationPrograms $24,729 · Management $0 · Fundraising $0$24,729
IX-23 InsurancePrograms $5,081 · Management $0 · Fundraising $232$5,313
IX-24 Other expenses (24a–d)Programs $210 · Management $0 · Fundraising $1,392$1,602
IX-25 Total functional expensesPrograms $237,141 · Management $10,764 · Fundraising $1,624$249,529
Part X · Balance sheet $1,819,045 assets, 22 lines filed
X-1 Cash, non-interest-bearingStart of year $219,798$232,107
X-2 Savings and temporary cash investmentsStart of year $270,517$354,541
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $0$0
X-8 Inventories for sale or useStart of year $8,000$8,000
X-9 Prepaid expenses and deferred chargesStart of year $0$0
X-10c Land, buildings and equipment, netStart of year $750,893$750,023
X-11 Publicly traded securitiesStart of year $0$0
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $429,301$474,374
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $0$0
X-16 Total assetsStart of year $1,678,509$1,819,045
X-17 Accounts payable and accrued expensesStart of year $0$0
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $0$0
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-25 Other liabilitiesStart of year $2,028$520
X-26 Total liabilitiesStart of year $2,028$520
X-32 Total net assets or fund balancesStart of year $1,676,481$1,818,525
X-33 Total liabilities and net assetsStart of year $1,678,509$1,819,045
Part XI · Reconciliation of net assets $1,818,525 net assets at year end
XI-1 Total revenue$357,183
XI-2 Total expenses$249,529
XI-3 Revenue less expenses$107,654
XI-4 Net assets at start of year$1,676,481
XI-5 Net unrealized gains (losses) on investments$34,390
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,818,525

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

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