LEGAL DOCUMENTATION
501(c)(3) Nonprofit Status
Complete transparency on our legal status, governance, and financial accountability.
Official Nonprofit Information
Tax-Exempt Status
Legal Name
CoveOfEdu
EIN (Tax ID)
92-2455469
Status
501(c)(3) Public Charity
Exemption Date
2023
What This Means for Donors
- Tax Deductible: All donations are tax-deductible to the fullest extent allowed by law
- IRS Verified: Our 501(c)(3) status has been approved by the Internal Revenue Service
- Public Charity: We meet the IRS requirements for public charity classification
- Tax Receipt: You will receive an official tax receipt for all contributions
- Transparency: We file annual Form 990 reports available for public review
Official Documents
All legal documents available for review and download.
IRS Determination Letter
Official 501(c)(3) tax-exempt status approval from the IRS.
Download PDF βForm 990 (2024)
Annual financial disclosure and information return filed with the IRS.
Download PDF βArticles of Incorporation
Foundational legal document establishing CoveOfEdu as a nonprofit corporation.
Download PDF βMission Statement
Official mission, vision, and program activities as filed with the IRS.
Download PDF βConflict of Interest Policy
Board policies ensuring ethical governance and transparency.
Download PDF βNeed additional documentation? Contact us at legal@coveofedu.org
Board of Directors
CoveOfEdu is governed by a dedicated board committed to our mission and fiduciary responsibility.
Dr. Izzy Kiver Ed.D
Background in education policy and nonprofit leadership. 15+ years experience.
Dr. Jonathan Snyderman D.O.
CPA with expertise in nonprofit financial management and compliance.
Seeking New Member
Attorney specializing in nonprofit law and governance.
Seeking New Member
Technology executive with AI expertise and educational technology background.
Seeking New Member
Entrepreneur and philanthropist passionate about education equity.
Board Governance Principles
- Independence: Majority of board members have no financial interest in CoveOfEdu
- Transparency: Board meeting minutes available to donors upon request
- Accountability: Annual board review of programs, finances, and impact
- Expertise: Board members selected for skills in education, finance, law, and technology
- Commitment: All board members serve without compensation
Financial Accountability
Complete transparency in how we receive and spend funds.
2024 Budget Breakdown
| Category | Amount | Percentage |
|---|---|---|
| Student Programs Direct student support, curriculum, tools |
$28,600 | 65% |
| Platform Development Kiver.org infrastructure and technology |
$8,800 | 20% |
| Administrative Legal, accounting, insurance, operations |
$4,400 | 10% |
| Marketing & Outreach Student recruitment, donor relations |
$2,200 | 5% |
| TOTAL | $44,000 | 100% |
Financial Oversight
- Annual independent financial audit conducted by certified CPA
- Quarterly board review of financial statements
- Monthly budget vs. actual reporting
- Segregation of duties for financial controls
- Dual signature requirement for expenditures over $5,000
Legal Milestones
Organization Founded
CoveOfEdu established with mission to transform underserved students through AI education.
Incorporation
Incorporated as a nonprofit corporation in the State of [State].
501(c)(3) Application Filed
Submitted Form 1023 application for federal tax-exempt status to the IRS.
501(c)(3) Status Approved
Received IRS determination letter granting 501(c)(3) public charity status.
First Form 990 Filed
Filed annual information return with complete financial transparency.
Compliance Maintained
Continuous adherence to all federal and state nonprofit regulations.
Regulatory Compliance
β IRS Compliance
- Annual Form 990 filing
- Unrelated business income reporting
- Donor acknowledgment letters
- Public disclosure requirements met
β State Compliance
- Annual registration current
- Charitable solicitation registered
- State tax exemptions maintained
- Corporate filings up to date
β Best Practices
- Written financial policies
- Document retention policy
- Whistleblower protection
- Privacy and data security
Verify Our Status
You can independently verify CoveOfEdu's 501(c)(3) status through these official sources:
IRS Tax Exempt Organization Search
Search for CoveOfEdu (EIN: 92-2455469) in the IRS Tax Exempt Organization Search database:
IRS.gov/charities-non-profits/tax-exempt-organization-search
GuideStar Profile
View our complete nonprofit profile, financials, and transparency rating on GuideStar:
State Registration
Verify our state nonprofit registration and charitable solicitation status through your state's charity regulator.
Questions About Our Legal Status?
We're committed to complete transparency. If you have questions about our nonprofit status, governance, or finances, we're here to help.
Email: legal@coveofedu.org
We respond to all legal and compliance inquiries within 24-48 hours.