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Filing year 2024

THE COVE - HEART OF TEXAS INC

Waco, Texas·EIN 47-4864862·NTEE B90 · Education·501(c)(3)
Total revenue
$705k
Total assets
$442k
Total expenses
$971k
Reported officers
13
Mission

CHARITABLE AND EDUCATIONAL PURPOSES FOR HOMELESS IN-SCHOOL YOUTH AND THEIR FAMILIES. TO PROVIDE A SAFE PLACE AND NURTURING ENVIRONMENT TO UNACCOMPANIED HOMELESS YOUTH AND THEIR FAMILIES IN ORDER TO ATTAIN SUCCESS WITH ACADEMIC, SOCIAL AND CAREER DEVELOPMENT THAT WILL POSITION THEM TO THRIVE AS YOUNG ADULTS.

Executive compensation

Form 990 · Part VII & Schedule J · 4 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Education organizations in Texas.

Executive Director
Median to 75th percentile
$91k
$96k
Program Director
Director (Operational)
25th percentile to median
$64k
$68k
Fundraising & Marketing Director
Below 10th percentilevs Education peers nationwide
$58k
$61k
Development Director
Below 10th percentilevs Education peers nationwide
$45k
$47k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 9 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at THE COVE - HEART OF TEXAS INC equaled 9% of the organization's total expenses. The median for education organizations is 7%.

This organization (2024)
9%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 6%
from 2023

From $86k in 2023 to $91k in 2024.

$86k
2023
$91k
2024
In today's dollarsEst.
Up 3% in real terms$94k to $96k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 6% from 2023 to 2024, while revenue rose 54%.

$86k in 2023 to $91k in 2024.
  • Director (Operational) pay rose 19% from 2023 to 2024.
  • Chief Development Officer pay fell 23% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about THE COVE - HEART OF TEXAS INC

What does the Chief Executive Officer of THE COVE - HEART OF TEXAS INC earn?

In 2024, the Chief Executive Officer of THE COVE - HEART OF TEXAS INC received $90,958 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Education organizations in Texas, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at THE COVE - HEART OF TEXAS INC compare with similar nonprofits?

Compared with the same role at Education organizations in Texas, the 2024 pay of the Chief Executive Officer at THE COVE - HEART OF TEXAS INC falls between the median and the 75th percentile. In 2024, the highest total compensation at THE COVE - HEART OF TEXAS INC equaled 9% of the organization's total expenses. The median for education organizations is 7%.

What are THE COVE - HEART OF TEXAS INC's revenue and expenses?

In 2024, THE COVE - HEART OF TEXAS INC reported $705k in total revenue and $971k in total expenses on its IRS Form 990.

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