Covia Group

Walnut Creek, CAUnknown exempt organization EIN 94-1591805Revenue $121K in FY2022Latest filing we have: 2021. Newer ones may not be in our data yet. Filed since? Tell us.

On file with the IRScovia.orgWalnut Creek, CA

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $100 a year.

How does your 990 look to donors? Take the 10-Question Audit

Supports affiliates' missions through identifying, funding, and developing growth opportunities.

Form 990 Part I, line 1, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 94-1591805) · Dispute this line
54¢ of each $1 spent went to programs.
Run by 12 volunteers.
Mission: Form 990 Part I, line 1 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2022
latest Form 990
The latest return is for FY2022, 4 tax years back.
IRS e-file · Filing history
Surplus or deficit
0 of 2
filings with a surplus
Average deficit $256K a year · 35% of revenue · last 2 filings
A surplus in 0 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
54%
of spending
54% of spending went to programs.
Pt IX · Ln 25 · col B
Liabilities
$0
total owed
No data yet: the filing does not give total assets.
Pt X · Ln 26
Independent board members
15
of 15 voting members
15 of 15 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$121K
-91% vs prior year
Spent
$297K
To programs
54%
Net assets
$0
By yearFY2021–FY2022
Revenue
$121K
FY2022▼ -91%
Tap a bar for its year
Revenue by fiscal year
FY2021$1.3M
FY2022$121K
Expenses
$297K
FY2022▼ -82%
Tap a bar for its year
Expenses by fiscal year
FY2021$1.7M
FY2022$297K
Net assets
$0
FY2022▼ -100%
Tap a bar for its year
Net assets by fiscal year
FY2021$17.5M
FY2022$0

From the FY2022 Form 990 (year ending March 2022) · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing we have: FY2021.

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

Where the money goes

54 cents of each dollar spent went to programs.

Program services 54% · $159K Management & general 46% · $138K

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

Something off? Claim to add context

Who runs it and what they're paid

23 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Treasurer, CFO
$0Pt VII · Sec A
$0Pt VII · Sec A
Sec./Chief Strgy & Adv Officer
$0Pt VII · Sec A
COO - End:feb 2022
$0Pt VII · Sec A
Assistant Secretary
$0Pt VII · Sec A
VP of Life Plan Operations
$0Pt VII · Sec A
VP of Information Technology
$0Pt VII · Sec A
See Covia Group executive salaries →

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

Identifies, funds, and develops growth opportunities to support affiliate missions.

Questions for Covia Group

Tap to ask. Covia Group sees how many people are interested.

Your first name shows with your question. Covia Group answers here, for everyone.

1 program · $159K · in their own filed words · FY2021
01

On behalf of its subsidiary supported organizations, covia group explored one continuing and one new expansion opportunity related to the continuing care retirement community mission; one new expansion opportunity related to the affordable housing mission; and one new expansion opportunity related to the home and community based services…

Form 990 Part III, line 4, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 94-1591805) · Dispute this line
$159Kprogram expense

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$121K
Ln 12
Investment incomeLn 3$121K
Money outPt IX
$297K
Ln 25
Programscol B$159K
Managementcol C$138K
Owns and owesPt X
$0
net assets · Ln 32
Total assetsLn 16$0
LiabilitiesLn 26$0
PeoplePt VI, VII
23
listed · VII A
PaidVII A0
Voting boardVI 1a15
IndependentVI 1b15
2In more detail
Revenue in detailPt VIII
Investment incomeLn 3$121K
Gains on assetsLn 7$0
Total revenueLn 12$121K
Assets in detailPt X, end of year
Total assetsLn 16$0
LiabilitiesLn 26$0
Net assetsLn 32$0
OperationsPt I, VI
EmployeesI 50
VolunteersI 612
Fiscal year endsHeaderMarch
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 FY22End FY22
Cash and savingsLn 1–2$827K$0
InvestmentsLn 11–13$15.3M$0
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$17.6M$0
LiabilitiesLn 26$109K$0
Net assetsLn 32$17.5M$0
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of officers and key staff (Part IX, line 5)Ln 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$108K$108K
Pension plan contributionsLn 8$10K$10K
Other employee benefitsLn 9$24K$24K
Payroll taxesLn 10$6K$6K
Management feesLn 11a$13K$13K
Legal feesLn 11b$87K$87K
Accounting feesLn 11c$38K$38K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$0
Office expensesLn 13$0
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$11K$11K
Other expenses (24a–d)Ln 24$151$151
Total functional expensesLn 25$297K$159K$138K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2022 Latest ViewingFiled with the IRS Feb 15, 2023 $121K$297K−$177K$0 990 PDF
FY2021Filed with the IRS Aug 13, 2021 $1.3M$1.7M−$336K$17.5M 990 PDF

Schedules filed Part IV

I · Grants O · Explanations
See the full FY2022 990
Part I · Summary $120,804 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $230,082$0
I-10 Investment incomePrior year $1,099,049$120,804
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $1,329,131$120,804
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $582,513$148,120
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,082,803$149,218
I-18 Total expensesPrior year $1,665,316$297,338
I-19 Revenue less expensesPrior year −$336,185−$176,534
Part VI · Governance 15 of 15 board members independent, 1 to look at
VI-1a Voting members of the governing body15
VI-1b Independent voting members15
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 $120,804 across 7 lines filed
VIII-1h Total contributions, gifts and grants$0
VIII-3 Investment incomeExcluded from tax $120,804$120,804
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueExcluded from tax $120,804$120,804
Part IX · Statement of functional expenses $297,338 across 30 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of officers and key staff (Part IX, line 5)$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $108,418$108,418
IX-8 Pension plan contributionsPrograms $10,384$10,384
IX-9 Other employee benefitsPrograms $23,529$23,529
IX-10 Payroll taxesPrograms $5,789$5,789
IX-11a Management feesManagement $12,843$12,843
IX-11b Legal feesManagement $87,344$87,344
IX-11c Accounting feesManagement $37,800$37,800
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-12 Advertising and promotion$0
IX-13 Office expenses$0
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 InsurancePrograms $11,080$11,080
IX-24 Other expenses (24a–d)Programs $151$151
IX-25 Total functional expensesPrograms $159,351 · Management $137,987 · Fundraising $0$297,338
Part X · Balance sheet $0 assets, 30 lines filed
X-1 Cash, non-interest-bearingStart of year $0$0
X-2 Savings and temporary cash investmentsStart of year $826,539$0
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $50,988$0
X-5 Loans to officers and key peopleStart of year $0$0
X-6 Loans to other insidersStart of year $0$0
X-7 Notes and loans receivableStart of year $0$0
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $0$0
X-10c Land, buildings and equipment, netStart of year $0$0
X-11 Publicly traded securitiesStart of year $15,256,020$0
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $1,443,376$0
X-16 Total assetsStart of year $17,576,923$0
X-17 Accounts payable and accrued expensesStart of year $105,900$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-21 Escrow or custodial accountsStart of year $0$0
X-22 Loans from officers and insidersStart of year $0$0
X-23 Secured mortgages and notes payableStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-25 Other liabilitiesStart of year $3,304$0
X-26 Total liabilitiesStart of year $109,204$0
X-27 Net assets without donor restrictionsStart of year $17,467,719$0
X-28 Net assets with donor restrictionsStart of year $0$0
X-32 Total net assets or fund balancesStart of year $17,467,719$0
X-33 Total liabilities and net assetsStart of year $17,576,923$0
Part XI · Reconciliation of net assets $0 net assets at year end
XI-1 Total revenue$120,804
XI-2 Total expenses$297,338
XI-3 Revenue less expenses−$176,534
XI-4 Net assets at start of year$17,467,719
XI-5 Net unrealized gains (losses) on investments−$604,709
XI-9 Other changes in net assets−$16,686,476
XI-10 Net assets at end of year$0

Form 990 e-file FY2022 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

The names, titles, and financial information shown on this page are reproduced from IRS Form 990 filings, which are public records. More

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. A filing can only be corrected by the organization filing an amended return with the IRS; the corrected information appears here at our next update.

We publish only information contained in the public IRS filing, and less than the filing contains. Our pages do not display home 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, contact the filing organization or the IRS directly.

All figures come from public IRS Form 990 filings. Comparisons are computed from the filing against similar orgs. They are not a rating.