Science & Technology
(U20)
990 on File
COVINGTON LIFE SCIENCES PARTNERS INC
Financial strength (30%)
73/100
Reliability (20%)
40/100
Effectiveness (25%)
68/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$1.1M
Total Revenue
$197K
Total Expenses
$15.0M
Net Assets
1
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
90.0%
Fundraising Efficiency
N/A
Operating Reserve
915.74x
Liability-to-Asset
0.3%
Revenue Diversification
100.0%
Compared with Peers
FY 2024
Compared with 515 similar organizations
(United States, Science & Technology, $100K–$1M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
90.0% | 84.9% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
2.7% | 13.3% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
7.4% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
915.7 mo | 11.4 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.3% | 0.8% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
100.0% | 91.9% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
-92.2% | 9.3% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
579108.8% | 10.0% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
82.2% | 4.7% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $1.1M | $197K | $15.0M | 90.0% | 1 |
| 2023 | $14.1M | $34 | $14.1M | 100.0% | 0 |
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