Southwest Covenant Schools Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,756,673 | 1,701,484 | 55,189 | 9.3 | 55% |
| 2012 | 1,913,034 | 1,841,700 | 71,334 | 9.0 | 51% |
| 2013 | 2,385,835 | 2,010,537 | 375,298 | 10.5 | 57% |
| 2014 | 3,142,227 | 2,146,957 | 995,270 | 13.3 | 55% |
| 2015 | 4,299,414 | 2,204,741 | 2,094,673 | 24.3 | 57% |
| 2016 | 3,836,768 | 2,358,850 | 1,477,918 | 30.2 | 58% |
| 2017 | 3,823,181 | 2,628,542 | 1,194,639 | 30.4 | 59% |
| 2018 | 5,154,498 | 2,940,237 | 2,214,261 | 36.2 | 54% |
| 2019 | 5,891,031 | 3,433,255 | 2,457,776 | 39.6 | 50% |
| 2020 | 7,646,185 | 4,886,460 | 2,759,725 | 34.6 | 39% |
| 2021 | 7,037,487 | 7,189,686 | −152,199 | 23.3 | 28% |
| 2022 | 5,250,002 | 4,593,414 | 656,588 | 37.4 | 49% |
| 2023 | 6,348,387 | 5,936,680 | 411,707 | 29.8 | 41% |
| 2024 | 7,848,678 | 8,629,275 | −780,597 | 19.4 | 31% |
In its most recent public year (2024), this organization spent $780,597 more than it brought in. Its reserves stood at about 19.4 months of spending, up from 9.3 in 2011. Staff pay was 31% of spending. $995,117 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
Southwest Covenant Schools Incorporated'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