Civic Intelligence

Covenant Pathways

990 • Fiscal year 2022 • EIN 47-3515588

Jan 01, 2022 to Dec 31, 2022 • Filed on Jun 23, 2023

PO Box 455Vanderwagen, NM 87326

(505) 870-8497

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.07x

Higher debt load relative to assets than 82% of similar nonprofits.

2022 filings • NTEE P30 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

86th percentile

0.07x

Higher debt load relative to revenue than 86% of similar nonprofits.

2022 filings • NTEE P30 • <$500k nonprofits • Source year 2022

Net Margin

26th percentile

-3.3%

Higher net margin than 26% of similar nonprofits.

2022 filings • NTEE P30 • <$500k nonprofits • Source year 2022

Top Officer Pay

89th percentile

$34,829

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 13.2% of source-year revenue.

2022 filings • NTEE P30 • <$500k nonprofits • Source year 2022

Asset Growth

28th percentile

-8.0%

Faster asset growth than 28% of similar nonprofits.

2022 filings • NTEE P30 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

47th percentile

11%

Faster revenue growth than 47% of similar nonprofits.

2022 filings • NTEE P30 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$272,813

Down $23,575 (-8.0%) from 2021

Net Assets

Down

$253,325

Down $8,591 (-3.3%) from 2021

Liabilities

Down

$19,488

Down $14,984 (-43%) from 2021

Revenue

Up

$263,030

Up $26,767 (+11%) from 2021

Expenses

Up

$271,621

Up $51,502 (+23%) from 2021

Net Income

Down

-$8,591

Down $24,735 (-153%) from 2021

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2017: $39,241Liabilities 2017: $02017Assets 2018: $13,747Liabilities 2018: $02018Assets 2019: $113,195Liabilities 2019: $9412019Assets 2020: $245,773Liabilities 2020: $0Net Assets 2020: $245,7732020Assets 2021: $296,388Liabilities 2021: $34,472Net Assets 2021: $261,9162021Assets 2022: $272,813Liabilities 2022: $19,488Net Assets 2022: $253,3252022Assets 2023: $282,243Liabilities 2023: $14,504Net Assets 2023: $267,7392023Assets 2024: $346,378Liabilities 2024: $10,007Net Assets 2024: $336,3712024

Highlighted filing

2022

Assets$272,813
Liabilities$19,488
Net Assets$253,325

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2017: $81,683Expenses 2017: $42,442Net Income 2017: $39,2412017Revenue 2018: $85,257Expenses 2018: $71,510Net Income 2018: $13,7472018Revenue 2019: $186,170Expenses 2019: $132,182Net Income 2019: $53,9882019Revenue 2020: $298,465Expenses 2020: $166,612Net Income 2020: $131,8532020Revenue 2021: $236,263Expenses 2021: $220,119Net Income 2021: $16,1442021Revenue 2022: $263,030Expenses 2022: $271,621Net Income 2022: -$8,5912022Revenue 2023: $271,153Expenses 2023: $258,438Net Income 2023: $12,7152023Revenue 2024: $405,603Expenses 2024: $329,721Net Income 2024: $75,8822024

Highlighted filing

2022

Revenue$263,030
Expenses$271,621
Net Income-$8,591
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jun 23, 2023
Return Version
2022v5.0
Gross Receipts
$263,030
Mission and Program Overview

Mission

Covenant Pathways farm (Spirit Farm) was developed to be a living example of how we can recover and reclaim traditional farming and spiritual practices, along with modern practices, to establish resiliency in our way of life, reducing the dependency on the very food system that is harming us. Spirit Farm continues to develop the demonstration farm that uses all organic practices, including microbiological composting, to heal the hard high desert southwestern soil. Our mission is to generate opportunities that impact individuals and communities with Native traditions that attach the human spirit to the Earth. In addition, we provide additional opportunities for growers to increase the quantity and quality of their produce, as well as use less water, which is a critical step when growing food in our climate.

Covenant Pathways farm (Spirit Farm) was developed to be a living example of how we can recover and reclaim traditional farming and spiritual practices, along with modern practices, to establish resiliency in our way of life, reducing the dependency on the very food system that is harming us. We apply ancestral Indigenous wisdom integrating creative solutions energized by nature that provides experience and training to grow nutrient rich foods in the southwest high desert. Spirit Farm uses all organic practices, including microbiological composting, to heal the hard high desert southwestern soil. Our mission is to generate opportunities that impact individuals and communities with Native traditions that attach the human spirit to the Earth. In addition, we provide additional opportunities for growers to increase the quantity and quality of their produce, as well as use less water, which is a critical step when growing food in our climate.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$227,815$243,959▲ $16,144
Cash and Non-Interest-Bearing Accounts$165,049$137,668▼ $27,381
Land, Buildings, and Equipment, Net$126,318$132,618▲ $6,300
Pd in Cap Srpls Land Bldg Eqp Fund$17,957$17,958▲ $1
Pledges and Grants Receivable$2,000$2,000→ $0
Accounts Receivable$1,515$0▼ $1,515
Savings and Temporary Cash Investments$6$6→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$16,144$-8,592▼ $24,736
Total Assets$296,388$272,813▼ $23,575
Other Assets Total$1,500$521▼ $979
Liabilities
Mortgage Notes Payable Secured by Investment Property$34,472$19,488▼ $14,984
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0--
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$34,472$19,488▼ $14,984
Net Assets / Fund Balance
Total Net Assets Fund Balance$261,916$253,325▼ $8,591
Total Liabilities and Net Assets / Fund Balance$296,388$272,813▼ $23,575

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$132,618$0$2,300
Buildings$0$0$0
Other Land Buildings$0$0$0
Land$0-$0
Leasehold Improvements$0$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
James SkeetExecutive DirectorFT$34,829$34,829
Joyce SkeetProgram DirectorFT$32,828$32,828
Natana BegayBusiness managerPT$22,237$22,237

Board Members and Trustees

NameTitle
Marvin SchieldtBoard President
Byron McMillanboard member
Harriet YazzieBoard Member
Julie Mattboard member
Vanessa Vandeverboard member
Revenue and Support

Revenue Composition

Contributions and Grants
$255,916
Program Service Revenue
$7,114
Investment Income
$0
Other Revenue
$0
All Other Contributions
$212,842
Change in Net Assets
$-8,591
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$178,676
Other Expenses$92,945
Total Fundraising Expense$1,299
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$94,467$9,607$0$104,074
Current Officers, Directors, Trustees, and Key Employees$65,672$7,453$0$73,125
Travel$9,592$553$1,299$11,444
Fees for Services Other$7,545$0$0$7,545
Fees for Services Lobbying$0$4,732$0$4,732
Information Technology$0$3,950$0$3,950
Office Expenses$2,271$1,649$0$3,920
Conferences and Meetings$3,769$33$0$3,802
All Other Expenses$1,199$2,319$0$3,518
Occupancy$2,029$141$0$2,170
Fees for Services Accounting$0$1,315$0$1,315
Payroll Taxes$1,027$261$0$1,288
Other Expenses$923$69$0$992
Other Employee Benefits$140$49$0$189
Total Functional Expenses$238,036$32,286$1,299$271,621
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

James Skeet is a non-voting board member. He is the Executive Director of this organization, Covenant Pathways. James and his wife Joyce, the program director, are the co-founders of this organization.

Form 990, Part VI, Section A, Line 9

Marvin Scheidt, Board President, 88 Nitche Rd, ABsorokee MT, 59001; Harriet Yazzie, board member, PO Box 102, Gamerco, NM 87317; Julie Matt, Board member, 932 Blackbird Dr SW, Albuquerque, NM 87121; Byron McMillon, board member, 2245 Matthew AVe, NW Albuquerque, NM 87104; VAnessa VAndever, board member, 15644 Bernardo Center Rd. #406, San Diego, CA 92127

Form 990, Part VI, Section B, Line 11B

Program Director works with the accountant and an experienced 990 preparer for accuracy

Form 990, Part VI, Section C, Line 19

Documents, policies and financial statements are made available upon request

Filing and Contact Details

Filer

Filer Name
Covenant Pathways
EIN
47-3515588
Phone
5058708497
Address
PO Box 455, Vanderwagen, NM 87326

Signing Officer

Name
joyce skeet
Title
program director
Phone
5058708497
Signed
2023-06-23

Organization Details

Principal Officer
Marvin Schieldt
Formed
2015
Legal Domicile
Nm
Voting Board Members
5
Independent Board Members
5
Employees
16
Volunteers
6
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IRS990/MissionDesc0Covenant Pathways farm (Spirit Farm) was developed to be a living example of how we can recover and reclaim traditional farming and spiritual practices, along with modern practices, to establish resiliency in our way of life, reducing the dependency on the very food system that is harming us. Spirit Farm continues to develop the demonstration farm that uses all organic practices, including microbiological composting, to heal the hard high desert southwestern soil. Our mission is to generate opportunities that impact individuals and communities with Native traditions that attach the human spirit to the Earth. In addition, we provide additional opportunities for growers to increase the quantity and quality of their produce, as well as use less water, which is a critical step when growing food in our climate.
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IRS990/PrincipalOfficerNm0Marvin Schieldt
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IRS990/ProgSrvcAccomActy2Grp/Desc0Community Education/Training: Provided bi-monthly workshops in the community and at our farm to create awareness and train others on soil microbes and how important they are to healing the soil, growing nutrient rich foods, restoring the natural water cycles and removing excess carbon from the atmosphere, Indigenous regenerative agriculture, microbiological composting trainings, food preservation, growing in a greenhouse, animal husbandry, etc. With extensive experience in both traditional Navajo growing practices as well as regenerative farming techniques, with the expertise required to assist growers, Covenant Pathways equips local indigenous growers start and expand their farms, sharing much of the 50+ tons of compost made annually on site. The organization also provides materials and hands on assistance to growers in several nearby communities. Visitors, native and non-native come to the farm to tour and experience the self-sufficiency of the farm.
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IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProgSrvcAccomActy3Grp/Desc0Bio Char Implementation - a program under Spirit Farm to make Biochar to be added to the compost. Biochar has potential to increase the biomass of plants, healing the soil through a natural process. This year the organization is preparing to receive the biochar machine that has the capability to not only make the biochar, but use the heat to warm water that is then piped underneath the soil in the greenhouse, warming the soil in order to extend the growing season.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt062376
IRS990/ProgSrvcAccomActy3Grp/GrantAmt043074
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt00
IRS990/ProgSrvcAccomActyOtherGrp/Desc0Local Collaboration: Partnering with local healthy food and agriculture-focused organizations is essential for establishing a food and economic network that expands Indigenous agriculture, makes a healthy variety of foods available, and creates a market for each other's products, goods, and services. Achieving self-sufficiency is our path to productive lives, a flourishing environment, and sustainable economic development. Our expanding network structure is a web. We respect the unique identity of each community: we operate as a gift economy, in which reciprocity and equitable exchange of resources generates opportunity. Regular meetings, workshops, and site visits allow us to discover each other's available goods and services as well as innovations that support network economic growth. Our partners all promote regenerative agriculture.
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