Covenant Preparatory School Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 859,722 | 651,972 | 207,750 | 10.9 | 24% |
| 2012 | 836,189 | 776,850 | 59,339 | 10.1 | 30% |
| 2013 | 766,594 | 874,253 | −107,659 | 7.2 | 40% |
| 2014 | 729,574 | 909,200 | −179,626 | 3.8 | 53% |
| 2015 | 868,970 | 842,910 | 26,060 | 4.6 | 40% |
| 2016 | 843,546 | 938,659 | −95,113 | 3.0 | 43% |
| 2017 | 892,998 | 1,003,616 | −110,618 | 1.4 | 58% |
| 2018 | 1,124,153 | 1,019,075 | 105,078 | 2.7 | 45% |
| 2019 | 836,417 | 993,825 | −157,408 | 0.8 | 55% |
| 2020 | 877,989 | 872,275 | 5,714 | 1.1 | 55% |
| 2021 | 837,542 | 776,538 | 61,004 | 2.2 | 59% |
| 2022 | 1,026,446 | 877,433 | 149,013 | 3.9 | 45% |
| 2023 | 1,114,135 | 1,077,854 | 36,281 | 3.6 | 48% |
In its most recent public year (2023), this organization brought in $36,281 more than it spent. Its reserves stood at about 3.6 months of spending, down from 10.9 in 2011. Staff pay was 48% of spending. $210,743 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 Preparatory School Inc'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