Covered South Florida Inc
Nonprofit profile at a glance
- EIN
- 863493388
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2021
- Location
- Boca Raton, FL, USA
- Phone
- 5612470156
- Rating
- 73
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $131,376
- Expenses
- $44,453
- Assets
- $325,464
- Liabilities
- $500
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
People named in this filing
- ANDREA GARCIA (BOARD CHAIR)
- MARGARET CROSS (VICE CHAIR)
- MICHELLE ADAMS (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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Providing diapers to the underserved
What it reported doing in 2024
Distributed more than 421,000 diapers and launched the supply closet to provide essential period products, expanding access to critical hygiene resources for families and partners.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 56
- Transparency & Controls: 100
- Sustainability: 87
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 32.2%; rating input score 32
- Program expense ratio: 95.1%; rating input score 95
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 66.2%; rating input score 96; 96th percentile among comparable filings
- Total-asset coverage ratio: 7.32; rating input score 98; 98th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 50; 50th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: -43.5% per year; rating input score 0; 5th percentile among comparable filings
- Revenue growth: -0.1% per year; rating input score 0; 21st percentile among comparable filings
- Asset growth: 21.4% per year; rating input score 100; 82nd percentile among comparable filings
Details
- Where the money goes: 32.2% of revenue deployed · 95.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $42K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 32/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Liabilities to assets ratio scored 50/100.