Covenant Christian Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,394,002 | 3,533,285 | −139,283 | -4.3 | 58% |
| 2012 | 3,603,905 | 3,554,098 | 49,807 | -4.5 | 58% |
| 2013 | 3,245,278 | 3,417,435 | −172,157 | -4.5 | 58% |
| 2014 | 3,192,698 | 3,411,023 | −218,325 | -4.6 | 56% |
| 2015 | 3,457,713 | 3,328,288 | 129,425 | -4.2 | 58% |
| 2016 | 2,924,239 | 2,998,412 | −74,173 | -4.8 | 61% |
| 2017 | 2,726,116 | 2,893,579 | −167,463 | -5.6 | 58% |
| 2018 | 2,783,130 | 2,794,271 | −11,141 | -5.8 | 57% |
| 2019 | 2,953,319 | 3,107,002 | −153,683 | -5.8 | 57% |
| 2020 | 3,215,614 | 3,006,607 | 209,007 | -5.2 | 63% |
| 2021 | 3,258,477 | 3,135,830 | 122,647 | -4.5 | 62% |
| 2022 | 3,061,604 | 3,056,080 | 5,524 | -3.8 | 60% |
| 2023 | 2,880,233 | 2,977,991 | −97,758 | -4.4 | 62% |
In its most recent public year (2023), this organization spent $97,758 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-4.4 months). Staff pay was 62% of spending. $272,013 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 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 Christian Academy'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