Civic Intelligence

Covenant Foundation Inc.

990 • Fiscal year 2011 • EIN 42-1295784

Jul 01, 2010 to Jun 30, 2011 • Filed on May 15, 2012

3421 West Ninth Street50702-5499
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

5th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2011 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2011

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2011

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2011

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2011

Asset Growth

83rd percentile

18%

Faster asset growth than 83% of similar nonprofits.

2011 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2010 to 2011

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$5,843,942

Up $882,404 (+18%) from 2010

Net Assets

Up

$5,843,942

Up $882,404 (+18%) from 2010

Liabilities

Flat

$0

Flat from 2010

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$2,317,091

Up $1,159,268 (+100%) from 2010

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$10M$5.0M$0Assets 2010: $4,961,538Liabilities 2010: $0Net Assets 2010: $4,961,5382010Assets 2011: $5,843,942Liabilities 2011: $0Net Assets 2011: $5,843,9422011Assets 2012: $6,203,507Liabilities 2012: $0Net Assets 2012: $6,203,5072012Assets 2013: $6,717,848Liabilities 2013: $0Net Assets 2013: $6,717,8482013Assets 2014: $7,123,690Liabilities 2014: $0Net Assets 2014: $7,123,6902014Assets 2015: $7,017,737Liabilities 2015: $0Net Assets 2015: $7,017,7372015Assets 2016: $7,518,869Liabilities 2016: $0Net Assets 2016: $7,518,8692016Assets 2017: $8,404,038Liabilities 2017: $0Net Assets 2017: $8,404,0382017Assets 2018: $6,731,706Liabilities 2018: $0Net Assets 2018: $6,731,7062018Assets 2019: $7,245,927Liabilities 2019: $0Net Assets 2019: $7,245,9272019Assets 2020: $7,076,698Liabilities 2020: $0Net Assets 2020: $7,076,6982020Assets 2021: $7,329,140Liabilities 2021: $0Net Assets 2021: $7,329,1402021Assets 2022: $5,921,895Liabilities 2022: $0Net Assets 2022: $5,921,8952022Assets 2023: $6,511,961Liabilities 2023: $0Net Assets 2023: $6,511,9612023Assets 2024: $6,459,436Liabilities 2024: $35,639Net Assets 2024: $6,423,7972024

Highlighted filing

2011

Assets$5,843,942
Liabilities$0
Net Assets$5,843,942

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$2.0M$0-$2.0MExpenses 2010: $1,157,8232010Expenses 2011: $2,317,0912011Expenses 2012: $2,074,6922012Expenses 2013: $2,508,5612013Revenue 2014: $1,757,525Expenses 2014: $1,865,198Net Income 2014: -$107,6732014Revenue 2015: $1,837,133Expenses 2015: $1,943,086Net Income 2015: -$105,9532015Revenue 2016: $1,924,623Expenses 2016: $1,423,491Net Income 2016: $501,1322016Revenue 2017: $1,560,629Expenses 2017: $675,460Net Income 2017: $885,1692017Revenue 2018: $1,687,818Expenses 2018: $3,360,150Net Income 2018: -$1,672,3322018Revenue 2019: $1,143,116Expenses 2019: $628,894Net Income 2019: $514,2222019Revenue 2020: $844,823Expenses 2020: $1,014,053Net Income 2020: -$169,2302020Revenue 2021: $2,101,688Expenses 2021: $1,849,246Net Income 2021: $252,4422021Revenue 2022: -$417,229Expenses 2022: $990,016Net Income 2022: -$1,407,2452022Revenue 2023: $829,989Expenses 2023: $583,564Net Income 2023: $246,4252023Revenue 2024: $2,120,318Expenses 2024: $1,257,534Net Income 2024: $862,7842024

Highlighted filing

2011

Revenue-
Expenses$2,317,091
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2010 to Jun 30, 2011
Signed
May 15, 2012
Return Version
2010v3.7
Gross Receipts
$5,377,987
Mission and Program Overview

Mission

As a member of wheaton iowa, our affiliates strive to live out the healing ministry of the judeo-christian tradition while providing exceptional and compassionate healthcare services that promote the dignity and well-being of the patients and communities we serve. Our vision is to be recognized for superior healthcare service, clinical excellence, as the healthcare employer of choice, and the preferred partner of physicians.

Filing and Contact Details

Filer

EIN
42-1295784
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IRS990/ActivityOrMissionDescription0COVENANT FOUNDATION, INC. RAISES DOLLARS AND MANAGES FUNDS, BOTH ENDOWMENT AND OTHER, THAT FURTHER THE CHARITABLE GOALS OF COVENANT MEDICAL CENTER, INC., IT'S SUPPORTED SECTION 501(C)(3) ENTITY.
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IRS990/Description0WHEATON FRANCISCAN SERVICES, INC. (WFSI) is a Catholic, not-for-profit health care and housing organization serving at sites in Wisconsin, Iowa, Illinois, and Colorado. The System includes 18 hospital sites, three transitional and extended-care facilities, two home health agencies, nearly 3,500 physicians, more than 70 clinic sites with 770 employed physicians, and approximately 2,800 units of assisted living and other housing, and the corporate services offices in Wheaton, Illinois, and Glendale, Wisconsin. Started more than 125 years ago and formally incorporated in 1983, WFSI is committed to living out the Mission and Values of its Sponsors, the Wheaton Franciscan Sisters, by providing excellent and compassionate health care and housing services to all, regardless of their ability to pay. WFSI was incorporated in 1983 to preserve and strengthen Judeo-Christian values, provide a framework for lay expertise and involvement, respond to an increasingly complex environment, ensure continuity of Franciscan sponsorship, and assure viability and excellence throughout the organization. As a not-for-profit organization, WFSI reinvests all net income into the communities it serves. Its multiple entities are dedicated to delivering quality health care to patients and residents through highly-trained staff, advanced technology, and superior and compassionate service; caring for each person's body, mind, and spirit with respect and dignity; working to improve the health of the communities; and ensuring health care access for everyone. WFSI is organized into market-based regional holding companies organized in the Southeast, Wisconsin region, the Fox Valley, Wisconsin region, as well as other regional holding companies conducting services in Illinois, Iowa, and Colorado. The System's housing and spiritual development services are organized under the holding company name of Franciscan Ministries, Inc. Since 2006, the "doing business as" name for WFSI's health care ministry has been Wheaton Franciscan Healthcare (WFH). In 2011 Wheaton Franciscan Healthcare in Southeast Wisconsin was recognized as one of the nation's top 25 most efficient, best-performing health care networks by SDI, the nation's premier integrated health network evaluation system. Wheaton Franciscan Healthcare ranked as the top integrated system in Southeast Wisconsin, is among the top 10 in the Midwest, and ranked 23 nationally. Other national recognitions include being named one of the best performing 50 systems in Thompson Reuters' 100 Top Hospitals: Health Systems Quality/Efficiency Study in 2009. Wheaton Franciscan Healthcare also received a 2009 VIP Award from McKesson Technology Solutions for its success in using information technology to enhance patient safety across nine hospital sites and more than 100 physician offices. The VIP Awards are presented annually to organizations that demonstrate vision, innovation and performance in the use of healthcare IT. Wheaton Franciscan Healthcare was one of five health care organizations selected by a panel of experts in the field of health care IT use to receive the award. Please see our full 2011 Annual Report online at: http://www.wfhealthcare.org/Wheaton/Documents/2011AnnualReport.pdf CORPORATE STRUCTURE: Parent Company: Wheaton Franciscan Services, Inc. DBA Wheaton Franciscan Healthcare Health care ministry: Wheaton Franciscan Healthcare Housing ministry: Franciscan Ministries, Inc. Health Care Mission: Wheaton Franciscan Healthcare is committed to living out the healing ministry of Jesus by providing exceptional and compassionate health care service that promotes the dignity and well being of the people we serve. Health Care Vision: Our health ministries will be recognized in each community we serve for superior and compassionate patient service, clinical excellence, as the health care employer of choice, and the preferred partner of physicians. Housing Mission: Franciscan Ministries is committed to providing quality and
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IRS990/MissionDescription0AS A MEMBER OF WHEATON FRANCISCAN HEALTHCARE, OUR AFFILIATES STRIVE TO LIVE OUT THE HEALING MINISTRY OF THE JUDEO-CHRISTIAN TRADITION WHILE PROVIDING EXCEPTIONAL AND COMPASSIONATE HEALTHCARE SERVICES THAT PROMOTE THE DIGNITY AND WELL BEING OF THE PATIENTS AND COMMUNITIES WE SERVE. OUR VISION IS TO BE RECOGNIZED FOR SUPERIOR HEALTHCARE SERVICE, CLINICAL EXCELLENCE, AS THE HEALTHCARE EMPLOYER OF CHOICE, AND THE PREFERRED PARTNER OF PHYSICIANS.
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IRS990/Royalties/Total00
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IRS990/SalariesEtcPriorYear00
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IRS990ScheduleA/AmtsRecdFromDisqualPersons/CurrentTaxYearMinus4Years09000
IRS990ScheduleA/AmtsRecdFromDisqualPersons/Total015000
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYear02295892
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IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus4Years0858726
IRS990ScheduleA/GiftsGrantsContribReceived509/Total07440047
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IRS990ScheduleA/GrossInvestmentIncome509/CurrentTaxYearMinus2Years0-117031
IRS990ScheduleA/GrossInvestmentIncome509/CurrentTaxYearMinus3Years0148347
IRS990ScheduleA/GrossInvestmentIncome509/CurrentTaxYearMinus4Years0127443
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IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYearMinus4Years0127443
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IRS990ScheduleA/InvestmentIncomePercentage00.02793
IRS990ScheduleA/OtherIncome509/CurrentTaxYear0691930
IRS990ScheduleA/OtherIncome509/CurrentTaxYearMinus1Year0636163
IRS990ScheduleA/OtherIncome509/CurrentTaxYearMinus2Years0-493794
IRS990ScheduleA/OtherIncome509/CurrentTaxYearMinus3Years0400891
IRS990ScheduleA/OtherIncome509/CurrentTaxYearMinus4Years0144739
IRS990ScheduleA/OtherIncome509/Total01379929
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IRS990ScheduleA/PriorYrInvestIncomePercentage00.02660
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IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus3Years02882669
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus4Years01130908
IRS990ScheduleA/TotalSupportTotal/Total09073407
IRS990ScheduleB/ContributorInfo/AggregateContributions0RESTRICTED
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.46$0.04$6.42$2.12$1.26$0.86
2023Detailed filing. Detailed filing data is available for this year.$6.51$0.00$6.51$0.83$0.58$0.25
2022Detailed filing. Detailed filing data is available for this year.$5.92$0.00$5.92$0.42$0.99$1.41
2021Detailed filing. Detailed filing data is available for this year.$7.33$0.00$7.33$2.10$1.85$0.25
2020Detailed filing. Detailed filing data is available for this year.$7.08$0.00$7.08$0.84$1.01$0.17
2019Detailed filing. Detailed filing data is available for this year.$7.25$0.00$7.25$1.14$0.63$0.51
2018Detailed filing. Detailed filing data is available for this year.$6.73$0.00$6.73$1.69$3.36$1.67
2017Detailed filing. Detailed filing data is available for this year.$8.40$0.00$8.40$1.56$0.68$0.89
2016Detailed filing. Detailed filing data is available for this year.$7.52$0.00$7.52$1.92$1.42$0.50
2015Detailed filing. Detailed filing data is available for this year.$7.02$0.00$7.02$1.84$1.94$0.11
2014Detailed filing. Detailed filing data is available for this year.$7.12$0.00$7.12$1.76$1.87$0.11
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.72$0.00$6.72$2.51
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.20$0.00$6.20$2.07
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.84$0.00$5.84$2.32
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.96$0.00$4.96$1.16