Liabilities / Assets
85th percentile
Higher debt load relative to assets than 85% of similar nonprofits.
990 • Fiscal year 2019 • EIN 47-5613722
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
85th percentile
Higher debt load relative to assets than 85% of similar nonprofits.
Liabilities / Revenue
89th percentile
Higher debt load relative to revenue than 89% of similar nonprofits.
Net Margin
28th percentile
Higher net margin than 28% of similar nonprofits.
Top Officer Pay
70th percentile
Higher top officer pay than 70% of similar nonprofits.
Top officer pay equals 8.9% of source-year revenue.
Asset Growth
51st percentile
Faster asset growth than 51% of similar nonprofits.
Revenue Growth
54th percentile
Faster revenue growth than 54% of similar nonprofits.
Assets
Up$2,607,722
Up $80,461 (+3.2%) from 2018
Net Assets
Down$994,093
Down $48,835 (-4.7%) from 2018
Liabilities
Up$1,613,629
Up $129,296 (+8.7%) from 2018
Revenue
Up$1,148,868
Up $62,440 (+5.7%) from 2018
Expenses
Up$1,197,703
Up $555,132 (+86%) from 2018
Net Income
Down-$48,835
Down $492,692 (-111%) from 2018
Covenant academies foundation provides support for the operation of charter schools.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $1,320,654 | $1,595,082 | ▲ $274,428 |
| Other Notes and Loans Receivable, Net | $241,662 | $541,658 | ▲ $299,996 |
| Accounts Receivable | $102,615 | $319,814 | ▲ $217,199 |
| Cash and Non-Interest-Bearing Accounts | $862,330 | $130,833 | ▼ $731,497 |
| Savings and Temporary Cash Investments | - | $15,335 | - |
| Prepaid Expenses and Deferred Charges | - | $5,000 | - |
| Total Assets | $2,527,261 | $2,607,722 | ▲ $80,461 |
| Liabilities | |||
| Unsecured Notes Loans Payable | $1,413,723 | $1,538,179 | ▲ $124,456 |
| Accounts Payable and Accrued Expenses | $39,110 | $38,950 | ▼ $160 |
| Deferred Revenue | $31,500 | $36,500 | ▲ $5,000 |
| Total Liabilities | $1,484,333 | $1,613,629 | ▲ $129,296 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $532,594 | $940,746 | ▲ $408,152 |
| Temporarily Rstr Net Assets | $510,334 | $53,347 | ▼ $456,987 |
| Total Net Assets Fund Balance | $1,042,928 | $994,093 | ▼ $48,835 |
| Total Liabilities and Net Assets / Fund Balance | $2,527,261 | $2,607,722 | ▲ $80,461 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $1,584,582 | $56,925 | $1,641,507 |
| Land | $10,500 | - | $10,500 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Jon Felske | Chief Exec O | FT | $94,440 | $7,979 | $102,419 |
| Gretchen Lahaie | Chief Oper O | FT | $74,225 | $16,953 | $91,178 |
| Sam Joseph | Founder | FT | $72,388 | $10,626 | $83,014 |
| Name | Title |
|---|---|
| Edd Snyder | President |
| Gregory Pittman | Director |
| Sam Beals | Director |
| Sandi Jones | Director |
| Jim Wolohan | Secretary |
| Jim Heath | Treasurer |
| Joe Kaplan | Vice Preside |
| Line Item | Amount |
|---|---|
| Other Expenses | $665,457 |
| Salaries, Compensation, and Employee Benefits | $532,246 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Current Officers, Directors, Trustees, and Key Employees | $238,976 | $28,842 | - | $267,818 |
| Other Salaries and Wages | $188,312 | $7,419 | - | $195,731 |
| Occupancy | $59,627 | $1,614 | - | $61,241 |
| Interest | $50,343 | - | - | $50,343 |
| Depreciation Depletion | $45,698 | - | - | $45,698 |
| Fees for Services Other | $44,498 | - | - | $44,498 |
| Payroll Taxes | $39,844 | $2,953 | - | $42,797 |
| Fees for Services Legal | $21,539 | $19,482 | - | $41,021 |
| Travel | $25,660 | $4,140 | - | $29,800 |
| Other Employee Benefits | $24,744 | $1,156 | - | $25,900 |
| Fees for Services Accounting | $11,800 | - | - | $11,800 |
| All Other Expenses | $5,578 | $1,075 | - | $6,653 |
| Conferences and Meetings | $675 | $5,777 | - | $6,452 |
| Other Expenses | $4,200 | $310 | - | $4,200 |
| Information Technology | $1,628 | $698 | - | $2,326 |
| Office Expenses | $258 | - | - | $258 |
| Advertising | $150 | - | - | $150 |
| Total Functional Expenses | $1,124,237 | $73,466 | $0 | $1,197,703 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $1,197,703 |
| Total Expenses per Audited Statements | $1,197,703 |
| Total Expenses per Form 990 | $1,197,703 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“Management reviews form 990 prior to signing. The ceo and board chairman reviews form 990 prior to filing.”
“The organization's governing documents and financial statements are available upon request. Contact information is provided on the organization's website. Additionally, the articles of nonprofit incorporation and annual reports are available from michigan dept of energy, labor & economic growth at www.dleg.state.mi.us/bcs_corp.”
“The organization pays axios charter hr llc for contract personnel services for jon felske as chief executive officer, sam joseph as founder and gretchen lahaie as chief operating officer. The amount paid for those services is disclosed in part vii and part ix, line 5.”
“In the preparation of tax returns, tax positions are taken based on interpretation of federal and state income tax laws. Management periodically reviews and evaluates the status of uncertain tax positions and makes estimates of amounts, including interest and penalties, ultimately due or owed. No amounts have been identified, or recorded, as uncertain tax positions. Federal and state tax returns generally remain open for examination by the various taxing authorities for a period of three or four years.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 39110 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 38950 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 102615 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 319814 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | COVENANT ACADEMIES FOUNDATION PROVIDES SUPPORT FOR THE OPERATION OF CHARTER SCHOOLS. |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 150 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 150 |
| IRS990/AllOtherContributionsAmt | 0 | 265407 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 1075 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 5578 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 6653 |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | GRETCHEN LAHAIE |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 2317203100 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 125 CATHERINE AVENUE |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | MUSKEGON |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MI |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 49442 |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 862330 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 130833 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 28842 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 238976 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 267818 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | false |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt | 0 | 5777 |
| IRS990/ConferencesMeetingsGrp/ProgramServicesAmt | 0 | 675 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 6452 |
| IRS990/ConflictOfInterestPolicyInd | 0 | false |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 544210 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | -102123 |
| IRS990/CYOtherExpensesAmt | 0 | 665457 |
| IRS990/CYOtherRevenueAmt | 0 | 34514 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 672267 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -48835 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 532246 |
| IRS990/CYTotalExpensesAmt | 0 | 1197703 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 1148868 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 31500 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 36500 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 45698 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 45698 |
| IRS990/Desc | 0 | CHARTER SCHOOL ASSISTANCE - ASSISTANCE MAY BE IN THE FORM OF MANAGEMENT SERVICES, FUNDS, AND DONATIONS TO THE SCHOOLS AS WELL AS SUPPORTING THE STUDENTS WHO ATTEND THE SCHOOLS BY PROVIDING HOUSING, COOKING SUPPLIES, AND PERSONAL HYGIENE ITEMS. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | false |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 807059 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt | 0 | 11800 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 11800 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 19482 |
| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | 21539 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 41021 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 44498 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 44498 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form1098CFiledInd | 0 | false |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form8899Filedind | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 7979 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 16953 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 10626 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | EDD SNYDER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | JOE KAPLAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | JIM HEATH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | JIM WOLOHAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | GREGORY PITTMAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | SAM BEALS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | SANDI JONES |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | JON FELSKE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | GRETCHEN LAHAIE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | SAM JOSEPH |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 94440 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 74225 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 72388 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | VICE PRESIDE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | CHIEF EXEC O |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | CHIEF OPER O |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | FOUNDER |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 2015 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GainOrLossGrp/OtherAmt | 0 | -107708 |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 7 |
| IRS990/GovernmentGrantsAmt | 0 | 278803 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossAmountSalesAssetsGrp/OtherAmt | 0 | 20000 |
| IRS990/GrossReceiptsAmt | 0 | 1276576 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | true |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 7 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 698 |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 1628 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 2326 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 50343 |
| IRS990/InterestGrp/TotalAmt | 0 | 50343 |
| IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt | 0 | 5585 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 5585 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 56925 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 1320654 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 1595082 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 1652007 |
| IRS990/LegalDomicileStateCd | 0 | MI |
| IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt | 0 | 127708 |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | COVENANT ACADEMIES FOUNDATION PROVIDES SUPPORT FOR THE OPERATION OF CHARTER SCHOOLS. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 1042928 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 994093 |
| IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt | 0 | -107708 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | -107708 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 1614 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 59627 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 61241 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 258 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 258 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 1156 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 24744 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 25900 |
| IRS990/OtherExpensesGrp/Desc | 0 | DIRECT ASSISTANCE |
| IRS990/OtherExpensesGrp/Desc | 1 | MEALS |
| IRS990/OtherExpensesGrp/Desc | 2 | OTHER |
| IRS990/OtherExpensesGrp/Desc | 3 | VOLUNTEER EXPENSES |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 310 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 330000 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 20847 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 9860 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 4200 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 330000 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 20847 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 10170 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 4200 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | REIMBURSEMENTS |
| IRS990/OtherRevenueMiscGrp/Desc | 1 | OTHER |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 34189 |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 1 | 325 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 34189 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 1 | 325 |
| IRS990/OtherRevenueTotalAmt | 0 | 34514 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 7419 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 188312 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 195731 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 241662 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 541658 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 2953 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 39844 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 42797 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 5000 |
| IRS990/PrincipalOfficerNm | 0 | EDD SNYDER |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | MANAGEMENT FEES |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 672267 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 672267 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | COVENANT HALL - PROVIDES A HOME-LIKE ENVIRONMENT FOR STUDENTS WHO DO NOT HAVE A STABLE PLACE TO LIVE. THE HALL HAS 30 BEDS AND A STAFF TO HELP THE STUDENTS TAKE CARE OF THEMSELVES AND TEACH THEM HOW TO LIVE IN THE COMMUNITY. |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 314125 |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | SCHOLARSHIPS - SCHOLARSHIPS ARE PROVIDED TO ELIGIBLE GRADUATES WHO ENROLL AND ATTEND POST-SECONDARY EDUCATION. |
| IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt | 0 | 3053 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 674406 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYInvestmentIncomeAmt | 0 | 6012 |
| IRS990/PYOtherExpensesAmt | 0 | 248119 |
| IRS990/PYOtherRevenueAmt | 0 | 3010 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 403000 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 443857 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 394452 |
| IRS990/PYTotalExpensesAmt | 0 | 642571 |
| IRS990/PYTotalRevenueAmt | 0 | 1086428 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -48835 |
| IRS990/RelatedEntityInd | 0 | true |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | false |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RevenueAmt | 0 | 672267 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 15335 |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | OTHER REVENUE 3,370 |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | PART III, LINE 12 |
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| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 674406 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 597367 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 1815983 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt | 0 | 5585 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 6012 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1015 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 12612 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 712366 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 412022 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 298000 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 1422388 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt | 0 | 5585 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt | 0 | 6012 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt | 0 | 1015 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 12612 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00000 |
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| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 3010 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 35 |
| IRS990ScheduleA/OtherIncome509Grp/TotalAmt | 0 | 3370 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.99510 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 3238371 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 1256576 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 1086428 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 895367 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 3238371 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 1262486 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 1095450 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 896417 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 3254353 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | true |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 1584582 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 56925 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 1641507 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 1197703 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 10500 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 10500 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 1148868 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | IN THE PREPARATION OF TAX RETURNS, TAX POSITIONS ARE TAKEN BASED ON INTERPRETATION OF FEDERAL AND STATE INCOME TAX LAWS. MANAGEMENT PERIODICALLY REVIEWS AND EVALUATES THE STATUS OF UNCERTAIN TAX POSITIONS AND MAKES ESTIMATES OF AMOUNTS, INCLUDING INTEREST AND PENALTIES, ULTIMATELY DUE OR OWED. NO AMOUNTS HAVE BEEN IDENTIFIED, OR RECORDED, AS UNCERTAIN TAX POSITIONS. FEDERAL AND STATE TAX RETURNS GENERALLY REMAIN OPEN FOR EXAMINATION BY THE VARIOUS TAXING AUTHORITIES FOR A PERIOD OF THREE OR FOUR YEARS. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE D, PAGE 3, PART X |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 1595082 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 1197703 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 1148868 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 1148868 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 1197703 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | MANAGEMENT REVIEWS FORM 990 PRIOR TO SIGNING. THE CEO AND BOARD CHAIRMAN REVIEWS FORM 990 PRIOR TO FILING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. CONTACT INFORMATION IS PROVIDED ON THE ORGANIZATION'S WEBSITE. ADDITIONALLY, THE ARTICLES OF NONPROFIT INCORPORATION AND ANNUAL REPORTS ARE AVAILABLE FROM MICHIGAN DEPT OF ENERGY, LABOR & ECONOMIC GROWTH AT WWW.DLEG.STATE.MI.US/BCS_CORP. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE ORGANIZATION PAYS AXIOS CHARTER HR LLC FOR CONTRACT PERSONNEL SERVICES FOR JON FELSKE AS CHIEF EXECUTIVE OFFICER, SAM JOSEPH AS FOUNDER AND GRETCHEN LAHAIE AS CHIEF OPERATING OFFICER. THE AMOUNT PAID FOR THOSE SERVICES IS DISCLOSED IN PART VII AND PART IX, LINE 5. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VII |
| IRS990ScheduleR/AssetExchangeInd | 0 | false |
| IRS990ScheduleR/AssetPurchaseFromOtherOrgInd | 0 | false |
| IRS990ScheduleR/AssetSaleToOtherOrgInd | 0 | false |
| IRS990ScheduleR/DivRelatedOrganizationInd | 0 | false |
| IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd | 0 | false |
| IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd | 0 | false |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 0 | false |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 1 | false |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 2 | false |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd | 0 | N/A |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd | 1 | N/A |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd | 2 | N/A |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 0 | MUSKEGON COVENANT ACADEMY |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 1 | KALAMAZOO COVENANT ACADEMY |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 2 | SAGINAW COVENANT ACADEMY |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN | 0 | 471189169 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN | 1 | 474480487 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN | 2 | 475613722 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd | 0 | MI |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd | 1 | MI |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd | 2 | MI |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt | 0 | EDUC/ADMIN |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt | 1 | EDUC/ADMIN |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt | 2 | EDUC/ADMIN |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt | 0 | 125 CATHERINE AVE |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt | 1 | 400 W CROSSTOWN |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt | 2 | 508 S WASHINGTON AVE |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm | 0 | MUSKEGON |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm | 1 | PARKWAY |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm | 2 | SAGINAW |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd | 0 | MI |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd | 1 | MI |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd | 2 | MI |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd | 0 | 49442 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd | 1 | 49001 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd | 2 | 48607 |
| IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd | 0 | false |
| IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd | 0 | true |
| IRS990ScheduleR/PaidEmployeesSharingInd | 0 | false |
| IRS990ScheduleR/PerformOfServicesByOtherOrgInd | 0 | false |
| IRS990ScheduleR/PerformOfServicesForOthOrgInd | 0 | true |
| IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd | 0 | false |
| IRS990ScheduleR/ReimbursementPaidByOtherOrgInd | 0 | false |
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Displayed year
2019 • Form 990Detailed filing. Detailed filing data is available for this year.