Covenant School Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 8,193,070 | 9,528,492 | −1,335,422 | 8.8 | 46% |
| 2012 | 8,028,911 | 9,349,419 | −1,320,508 | 7.2 | 45% |
| 2013 | 10,283,032 | 10,101,749 | 181,283 | 6.9 | 46% |
| 2014 | 8,052,524 | 8,773,292 | −720,768 | 6.8 | 52% |
| 2015 | 10,017,353 | 10,092,544 | −75,191 | 5.6 | 50% |
| 2016 | 10,202,662 | 10,638,229 | −435,567 | 4.3 | 51% |
| 2017 | 10,186,232 | 10,604,806 | −418,574 | 4.3 | 52% |
| 2018 | 10,208,886 | 10,556,635 | −347,749 | 4.2 | 53% |
| 2019 | 10,856,960 | 11,109,445 | −252,485 | 3.4 | 52% |
| 2020 | 11,208,683 | 11,279,039 | −70,356 | 2.9 | 52% |
| 2021 | 14,079,562 | 11,964,565 | 2,114,997 | 5.2 | 52% |
| 2022 | 14,464,891 | 12,998,700 | 1,466,191 | 6.5 | 51% |
| 2023 | 15,896,967 | 14,756,713 | 1,140,254 | 6.8 | 52% |
| 2024 | 17,982,480 | 16,807,550 | 1,174,930 | 6.8 | 50% |
In its most recent public year (2024), this organization brought in $1,174,930 more than it spent. Its reserves stood at about 6.8 months of spending, down from 8.8 in 2011. Staff pay was 50% of spending. $477,829 of its net assets are donor-restricted.
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 2024. 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 School Inc's IRS filings as a feed — one entry per filing year, through 2024. 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