Aria Covey Foundation Inc

Nonprofit profile at a glance

EIN
473791253
IRS 990-EZ coverage
2020–2025
Forms available
Form 990-EZ 2025, Form 990-N 2019
Location
Windham, NH, USA
Rating
67
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Scholarships, Student Financial Aid Services, Awards

Reported finances

Revenue
$52,157
Expenses
$71,097
Assets
$27,072

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • Thomas Covey (President & Treasurer)

People named in this filing

  • Thomas Covey (President & Treasurer)
  • Amy Covey (Secretary)
  • Charles Stefanelli (Director)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The purposes for which the corporation is organized are: a. The Aria Covey Foundation Inc. is organized for exclusively religious charitable educational and scientific purposes within the meaning of Section 501c3 of the Internal Revenue Code of 1986 or the corresponding provision of any future United States Internal Revenue Law including for such purposes the making of distributions to organizations that qualify as exempt organizations under said Section 501c3 of the Internal Revenue Code of 1986. Specifically the organization will provide scholarships to students pursuing higher education as well as provide benevolent assistance to those in need and charitable giving to other non-profits.. b. Notwithstanding any other provision of these Articles this organization shall not carry on any activities not permitted to be carried on by an organization exempt from Federal Income Tax under Section 501c3 of the Internal Revenue Code of 1986 or the corresponding provision of

What it reported doing in 2025

In 2025 Aria Covey Foundation ACF made a contribution to Best Buddies Massachusetts of $18,915. Best Buddies works to foster one-to-one friendships between individuals with and without Intellectual and Developmental Disabilities IDD. Best Buddies secures jobs for people with IDD works to educate and empower people with and without IDD to become leaders public speakers and more.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Expenses are high relative to revenue and assets have declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 62
  • Transparency & Controls: 82
  • Sustainability: 22
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -36.3%; rating input score 15; 15th percentile among comparable filings
  • Total-asset coverage ratio: 0.38; rating input score 27; 27th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 2.8% per year; rating input score 100; 61st percentile among comparable filings
  • Asset growth: -13.6% per year; rating input score 0; 14th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed
  • Governance: Filed governance answers
  • Accomplishments: 4 filed program accomplishments
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 6 filing years from 2020 to 2025
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 15/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 27/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.