Covenant Now Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 3,803 | 3,684 | 119 | 0.5 | 0% |
| 2016 | 3,060 | 2,628 | 432 | 3.1 | 0% |
| 2017 | 2,909 | 2,012 | 897 | 3.7 | 0% |
| 2018 | 2,675 | 2,005 | 670 | 0.9 | 0% |
| 2019 | 465 | 722 | −257 | 12.1 | — |
| 2020 | 50 | 130 | −80 | 4.2 | — |
In its most recent public year (2020), this organization spent $80 more than it brought in. Its reserves stood at about 4.2 months of spending, up from 0.5 in 2015.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2020. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Covenant Now Ministries's IRS filings as a feed — one entry per filing year, through 2020. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works