Covenant Classical School
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 617,685 | 686,420 | −68,735 | -1.2 | 60% |
| 2012 | 805,640 | 855,306 | −49,666 | -1.6 | 61% |
| 2013 | 901,263 | 930,333 | −29,070 | -0.8 | 0% |
| 2014 | 1,044,113 | 989,123 | 54,990 | -0.1 | 64% |
| 2015 | 1,057,782 | 1,067,427 | −9,645 | -0.2 | 63% |
| 2016 | 1,247,370 | 1,190,684 | 56,686 | 0.4 | 63% |
| 2017 | 1,325,543 | 1,292,158 | 33,385 | 0.7 | 64% |
| 2018 | 1,372,410 | 1,353,669 | 18,741 | 0.8 | 68% |
| 2019 | 1,498,549 | 1,434,015 | 64,534 | 1.2 | 64% |
| 2020 | 1,704,061 | 1,507,396 | 196,665 | 2.7 | 66% |
| 2021 | 1,772,482 | 1,470,549 | 301,933 | 5.3 | 66% |
| 2022 | 1,579,941 | 1,616,956 | −37,015 | 4.5 | 61% |
| 2023 | 1,609,842 | 1,629,850 | −20,008 | 4.3 | 61% |
In its most recent public year (2023), this organization spent $20,008 more than it brought in. Its reserves stood at about 4.3 months of spending, up from -1.2 in 2011. Staff pay was 61% of spending.
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 2023. 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 Classical School's IRS filings as a feed — one entry per filing year, through 2023. 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