Covered Community
Public records show a registered, tax-exempt organization in good standing.
What it says it does
Our mission is to provide Small Business Technical Assistance services to small businesses that enable them to scale and grow. These services are provided primarily via our accelerator and incubator as well as training webinars. Covered Community delivers programs that support the needs of socially and economically disadvantaged individuals via our community outreach program that provides food, clothing, supplies and placement. Placement can include jobs, housing and necessary services
- Income
- $1.1 million
- Spending
- $898,510
- Spent on programs
- 63%
- Reserves
- 2.8 months of spending
- Largest source of income
- donations and private grants, 100%
- Employees
- 5
- Volunteers
- 5
- Highest pay
- $130,183, program director
Source: Form 990 for the year ending January 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 64 out of 100. Higher than 36% of charities in its peer group (health care, $1m to $10m).
Reserves
10 of 35Spendable reserves would cover 2.8 months of spending.
Debt
16 of 20It owes 24% of what it owns.
Living within its means
15 of 15Income exceeded spending by 16% of income.
Income trend
15 of 15Income rose 284% on the year before.
Spending floor
8 of 1563% of spending went to programs and raising each dollar of donations cost 3 cents.
Source: Form 990 for the year ending January 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 78 out of 100. Higher than 29% of charities in its peer group (health care, $1m to $10m).
Independent board
18 of 252 of 3 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
0 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending January 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (2)
- $564,626 spent. Small Business Technical Assistance - Covered Community provides technical services to small businesses that enables them to scale and grow. These services are provided primarily via our accelerator and incubator as well as training webinars such as Contract Connections and Lunch and Learn opportunities
- Community Outreach - Covered Community delivers programs that support the needs of socially and economically disadvantaged individuals via our community outreach program that provides food, clothing, supplies, food and placement. Placement can include jobs, housing and necessary services
Source: Form 990 for the year ending January 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending January 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since March 2015.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.