Covenant Christian Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,783,562 | 2,042,805 | 740,757 | 13.2 | 59% |
| 2012 | 2,400,728 | 2,257,244 | 143,484 | 12.7 | 58% |
| 2013 | 2,503,498 | 2,441,089 | 62,409 | 12.0 | 58% |
| 2014 | 2,611,738 | 2,379,083 | 232,655 | 13.5 | 61% |
| 2015 | 3,257,485 | 2,560,266 | 697,219 | 15.8 | 57% |
| 2016 | 2,457,258 | 2,452,970 | 4,288 | 16.5 | 60% |
| 2017 | 2,058,319 | 2,081,138 | −22,819 | 19.4 | 55% |
| 2018 | 1,765,850 | 1,843,843 | −77,993 | 21.9 | 59% |
| 2019 | 1,481,011 | 1,809,456 | −328,445 | 20.2 | 57% |
| 2020 | 2,013,059 | 1,778,114 | 234,945 | 21.8 | 55% |
| 2021 | 1,513,216 | 1,527,126 | −13,910 | 25.5 | 55% |
| 2022 | 2,291,510 | 1,806,345 | 485,165 | 24.8 | 53% |
| 2023 | 2,534,324 | 2,187,419 | 346,905 | 22.4 | 50% |
In its most recent public year (2023), this organization brought in $346,905 more than it spent. Its reserves stood at about 22.4 months of spending, up from 13.2 in 2011. Staff pay was 50% of spending. $175,000 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