Civic Intelligence

The Covenant School Inc

990 • Fiscal year 2017 • EIN 54-1274746

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 10, 2017

175 Hickory StreetCharlottesville, VA 22902

(434) 220-7301

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.70x

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

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

77th percentile

0.89x

Higher debt load relative to revenue than 77% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Net Margin

23rd percentile

-4.1%

Higher net margin than 23% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

65th percentile

$226,050

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 2.2% of source-year revenue.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Asset Growth

13th percentile

-5.1%

Faster asset growth than 13% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

33rd percentile

-0.2%

Faster revenue growth than 33% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Assets

Down

$12,889,885

Down $697,340 (-5.1%) from 2016

Net Assets

Down

$3,823,082

Down $3,761 (-0.1%) from 2016

Liabilities

Down

$9,066,803

Down $693,579 (-7.1%) from 2016

Revenue

Down

$10,186,232

Down $16,430 (-0.2%) from 2016

Expenses

Down

$10,604,806

Down $33,423 (-0.3%) from 2016

Net Income

Up

-$418,574

Up $16,993 (+3.9%) from 2016

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2011: $21,617,601Liabilities 2011: $14,638,690Net Assets 2011: $6,978,9112011Assets 2012: $19,366,193Liabilities 2012: $13,779,286Net Assets 2012: $5,586,9072012Assets 2013: $17,031,785Liabilities 2013: $11,212,287Net Assets 2013: $5,819,4982013Assets 2014: $14,784,378Liabilities 2014: $9,800,386Net Assets 2014: $4,983,9922014Assets 2015: $13,916,546Liabilities 2015: $9,172,232Net Assets 2015: $4,744,3142015Assets 2016: $13,587,225Liabilities 2016: $9,760,382Net Assets 2016: $3,826,8432016Assets 2017: $12,889,885Liabilities 2017: $9,066,803Net Assets 2017: $3,823,0822017Assets 2018: $12,350,657Liabilities 2018: $8,642,476Net Assets 2018: $3,708,1812018Assets 2019: $11,948,961Liabilities 2019: $8,820,177Net Assets 2019: $3,128,7842019Assets 2020: $11,894,192Liabilities 2020: $9,163,972Net Assets 2020: $2,730,2202020Assets 2021: $12,873,771Liabilities 2021: $7,734,950Net Assets 2021: $5,138,8212021Assets 2022: $15,174,409Liabilities 2022: $8,107,002Net Assets 2022: $7,067,4072022Assets 2023: $15,683,412Liabilities 2023: $7,305,175Net Assets 2023: $8,378,2372023Assets 2024: $16,586,256Liabilities 2024: $7,011,794Net Assets 2024: $9,574,4622024Assets 2025: $18,069,730Liabilities 2025: $7,306,597Net Assets 2025: $10,763,1332025

Highlighted filing

2017

Assets$12,889,885
Liabilities$9,066,803
Net Assets$3,823,082

Operations Trend

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

$20M$15M$10M$5.0M$0-$5.0MExpenses 2011: $9,528,4922011Expenses 2012: $9,349,4192012Expenses 2013: $10,101,7492013Revenue 2014: $8,052,524Expenses 2014: $8,773,292Net Income 2014: -$720,7682014Revenue 2015: $10,017,353Expenses 2015: $10,092,544Net Income 2015: -$75,1912015Revenue 2016: $10,202,662Expenses 2016: $10,638,229Net Income 2016: -$435,5672016Revenue 2017: $10,186,232Expenses 2017: $10,604,806Net Income 2017: -$418,5742017Revenue 2018: $10,208,886Expenses 2018: $10,556,635Net Income 2018: -$347,7492018Revenue 2019: $10,856,960Expenses 2019: $11,109,445Net Income 2019: -$252,4852019Revenue 2020: $11,208,683Expenses 2020: $11,279,039Net Income 2020: -$70,3562020Revenue 2021: $14,079,562Expenses 2021: $11,964,565Net Income 2021: $2,114,9972021Revenue 2022: $14,464,891Expenses 2022: $12,998,700Net Income 2022: $1,466,1912022Revenue 2023: $15,896,967Expenses 2023: $14,756,713Net Income 2023: $1,140,2542023Revenue 2024: $17,982,480Expenses 2024: $16,807,550Net Income 2024: $1,174,9302024Revenue 2025: $19,106,780Expenses 2025: $17,818,781Net Income 2025: $1,287,9992025

Highlighted filing

2017

Revenue$10,186,232
Expenses$10,604,806
Net Income-$418,574
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 10, 2017
Return Version
2016v3.0
Gross Receipts
$10,278,761
Mission and Program Overview

Mission

The covenant school seeks to promote the moral, intellectual, and physical development of young people. We foster the virtues of faith, wisdom, and love through the pursuit of academic excellence and the recognition of god's sovereignty over his creation. We nurture our students, challenging them to follow the example of jesus christ, to achieve through self-discipline, to lead by service to others, and to grow in knowledge and virtue.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$11,916,883$11,522,914▼ $393,969
Savings and Temporary Cash Investments$920,756$836,688▼ $84,068
Pledges and Grants Receivable$265,872$217,544▼ $48,328
Accounts Receivable$30,449$58,317▲ $27,868
Receivables From Officers Etc$62,437$53,512▼ $8,925
Inventories for Sale or Use$26,115$27,079▲ $964
Prepaid Expenses and Deferred Charges$170,240$21,418▼ $148,822
Cash and Non-Interest-Bearing Accounts$7,206$5,137▼ $2,069
Total Assets$13,587,225$12,889,885▼ $697,340
Other Assets Total$187,267$147,276▼ $39,991
Liabilities
Tax Exempt Bond Liabilities$6,602,050$6,384,373▼ $217,677
Deferred Revenue$1,153,262$1,200,707▲ $47,445
Mortgage Notes Payable Secured by Investment Property$760,324$818,852▲ $58,528
Accounts Payable and Accrued Expenses$621,464$454,132▼ $167,332
Other Liabilities$623,282$208,739▼ $414,543
Total Liabilities$9,760,382$9,066,803▼ $693,579
Net Assets / Fund Balance
Unrestricted Net Assets$3,439,634$3,565,521▲ $125,887
Temporarily Rstr Net Assets$387,209$257,561▼ $129,648
Total Net Assets Fund Balance$3,826,843$3,823,082▼ $3,761
Total Liabilities and Net Assets / Fund Balance$13,587,225$12,889,885▼ $697,340

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$10,786,509$7,106,242$17,892,751
Equipment$399,876$1,509,263$1,909,139
Land$336,529-$336,529

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$462,340$2,535▲ $49,528-$490,068
2015$475,910$8,005▲ $1,324-$462,340
2014$501,480$7,124▼ $7,747-$475,910
2013$439,230$6,920▲ $80,035-$501,480
2012$417,876$3,160▲ $41,042-$439,230
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mr George SankerHeadmasterFT$138,624$87,426$226,050
Mr Frank BerryCFO/COOFT$115,234$7,800$123,034
Mrs Mo GaffneyHead of Lower SchoolFT$101,742$21,090$122,832

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$594,625
Program Service Revenue
$9,411,990
Investment Income
$9,743
Other Revenue
$169,874
All Other Contributions
$594,625
Change in Net Assets
$-418,574

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,223,609
Revenue Not Reported on Financial Statements
$1,962,623
Revenue Not Reported on Form 990
$507,342
Other Revenue Adjustments
$1,962,623
Total Revenue per Audited Statements
$8,730,951
Total Revenue per Form 990
$10,186,232
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$6,526,540
Other Expenses$2,115,643
Grants and Similar Amounts Paid$1,962,623
Total Fundraising Expense$215,145
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,295,733$804,549$134,495$5,234,777
Grants to Domestic Individuals$1,962,623--$1,962,623
Depreciation Depletion$660,481$11,941$1,171$673,593
Other Employee Benefits$342,930$70,338$11,992$425,260
Payroll Taxes$338,224$70,829$12,093$421,146
Current Officers, Directors, Trustees, and Key Employees$171,609$130,974$25,228$327,811
Office Expenses$137,933$104,730$12,943$255,606
Occupancy$205,091$3,702$356$209,149
Interest$204,245$3,687$354$208,286
All Other Expenses$72,340$49,909$1,902$124,151
Pension Plan Contributions$95,295$19,007$3,244$117,546
Insurance$39,374$28,636$3,579$71,589
Information Technology$20,844$17,739$2,368$40,951
Travel$36,024$1,876$55$37,955
Other Expenses$26,414$11,380$117$37,794
Fees for Services Accounting-$31,350-$31,350
Advertising$25,319$1,333-$26,652
Fees for Services Other-$7,095-$7,095
Total Functional Expenses$9,016,975$1,372,686$215,145$10,604,806

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$10,604,806
Total Expenses per Audited Statements$8,734,712
Expenses per Audited Statements$8,642,183
Expenses Not Reported on Financial Statements$1,962,623
Other Expense Adjustments$1,962,623
Expenses Not Reported on Form 990$92,529
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$157,882
Fundraising Direct Expenses$32,644
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Auction$157,882$157,882$16,549$141,333
Total Events$157,882$157,882$32,644$125,238
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$62,437$53,512▼ $8,925
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Value of Swap Agreement$162,180
Deferred Compensation$28,166
Accrued Interest$18,393

Bond Issues

BondIssuerIssuedIssue PricePurpose
AEconomic Development Authority of Albemarle County Virginia2013-04-04$7,250,000SEE SCHEDULE O

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$7,250,000$7,250,000$865,627-

Bond Financing Compliance

No rebate due
No
Rebate not yet due
Yes
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The form 990 is reviewed by the school's audit committee with external auditors upon completion of the audited financial statements. The audit committee then reports the form 990 to the finance committee for approval. Once approved, each voting member of the board is provided with a final version of form 990. Afterwards, the form 990 is filed and made available for public inspection.

Form 990, Part VI, Section B, Line 12C

Each board member is made aware of the written conflict of interest policy. Potential conflicts of interests are required to be disclosed at the earliest practicable time. No board member shall vote on any matter in which such board member has a conflict of interest. Any board member, who is uncertain whether a conflict of interests exists, may request the board to make a determination regarding the existence of a conflict of interest, and the board shall resolve the question by a majority vote.

Form 990, Part VI, Section B, Line 15

The board of directors review the budget and overall compensation plan. The plan is based on certain parameters set during the budget process. The compensation plan is governed by a written employment agreement.

Form 990, Part VI, Section C, Line 18

The school's form 990 can be distributed to the public upon request. However, all requests are subject to the approval of the headmaster and the school's consideration of the intended use of the documents.

Form 990, Part VI, Section C, Line 19

The school's governing documents, conflict of interest policy, and audited financial statements can be distributed to the public upon request. However, all requests are subject to the approval of the headmaster and the school's consideration of the intended use of the documents.

Filing and Contact Details

Filer

Filer Name
The Covenant School Inc
EIN
54-1274746
Phone
4342207301
Address
175 HICKORY STREET, CHARLOTTESVILLE, VA 22902

Signing Officer

Name
Frank Berry
Title
Chief Financial Officer
Phone
4342207301
Signed
2017-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mr George Sanker
Formed
1985
Legal Domicile
Va
Voting Board Members
16
Independent Board Members
16
Employees
236
Volunteers
175

Preparer

Firm
HANTZMON WIEBEL LLP CPA'S
Address
818 E JEFFERSON ST PO BOX 1408, CHARLOTTESVILLE, VA 22902
Preparer
Travis W Simpson
Phone
4342962156
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Change in valuation of interest rate swap 414,813.

Form 990 Part XI, Line 2C

The school's board of directors has an audit committee that is responsible for selection and retention of independent auditors. This process has not changed from the prior year.

Schedule K

Part 1, line a, column (f): the economic development authority of albemarle county, virginia's variable rate revenue refunding bonds (the covenant school, inc.), series 2013 (the "series 2013 bonds") were issued to refund the outstanding principal amount of the economic development authority of albemarle county, virginia's variable rate educational facilities revenue bonds (the covenant school, inc.), series 2001 (the "series 2001 bonds"), which were originally issued on april 26, 2001. The proceeds of the series 2001 bonds were used for the acquisition, construction, and equipping of an upper school educational facility in albmarle county, virginia.

Financial Statement Notes

PART V, LINE 4:

To provide financial aid support for need based families of the covenant school, inc.

PART X, LINE 2:

The school has reviewed and evaluated the relevant technical merits of each of its tax positions in accordance with guidance established by the financial accounting standards board and determined that there are no uncertain tax positions that would have a material impact on the consolidated financial statements of the school.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Fundraising expenses netted against revenue 32,644. Change in valuation of interest rate swap 414,813. Cost of goods sold included in revenue 59,885.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

FINANCIAL AID 1,962,623.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Fundraising expenses netted against revenue 32,644. Cost of goods sold included in revenue 59,885.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

FINANCIAL AID 1,962,623.

Raw XML AppendixShowing 400 of 769 raw XML fields

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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0621464
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0454132
IRS990/AccountsReceivableGrp/BOYAmt030449
IRS990/AccountsReceivableGrp/EOYAmt058317
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE COVENANT SCHOOL SEEKS TO PROMOTE THE MORAL, INTELLECTUAL, AND PHYSICAL DEVELOPMENT OF YOUNG PEOPLE. WE FOSTER THE VIRTUES OF FAITH, WISDOM, AND LOVE THROUGH THE PURSUIT OF ACADEMIC EXCELLENCE AND THE RECOGNITION OF GOD'S SOVEREIGNTY OVER HIS CREATION. WE NURTURE OUR STUDENTS, CHALLENGING THEM TO FOLLOW THE EXAMPLE OF JESUS CHRIST, TO ACHIEVE THROUGH SELF-DISCIPLINE, TO LEAD BY SERVICE TO OTHERS, AND TO GROW IN KNOWLEDGE AND VIRTUE.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt01333
IRS990/AdvertisingGrp/ProgramServicesAmt025319
IRS990/AdvertisingGrp/TotalAmt026652
IRS990/AllOtherContributionsAmt0594625
IRS990/AllOtherExpensesGrp/FundraisingAmt01902
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt049909
IRS990/AllOtherExpensesGrp/ProgramServicesAmt072340
IRS990/AllOtherExpensesGrp/TotalAmt0124151
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum04342207301
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0175 HICKORY STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0CHARLOTTESVILLE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd022902
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt07206
IRS990/CashNonInterestBearingGrp/EOYAmt05137
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt025228
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0130974
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0171609
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0327811
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CostOfGoodsSoldAmt059885
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0594625
IRS990/CYGrantsAndSimilarPaidAmt01962623
IRS990/CYInvestmentIncomeAmt09743
IRS990/CYOtherExpensesAmt02115643
IRS990/CYOtherRevenueAmt0169874
IRS990/CYProgramServiceRevenueAmt09411990
IRS990/CYRevenuesLessExpensesAmt0-418574
IRS990/CYSalariesCompEmpBnftPaidAmt06526540
IRS990/CYTotalExpensesAmt010604806
IRS990/CYTotalFundraisingExpenseAmt0215145
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt010186232
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt01153262
IRS990/DeferredRevenueGrp/EOYAmt01200707
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/FundraisingAmt01171
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt011941
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0660481
IRS990/DepreciationDepletionGrp/TotalAmt0673593
IRS990/Desc0THE COVENANT SCHOOL IS AN INDEPENDENT CHRISTIAN SCHOOL PROVIDING EDUCATIONAL SERVICE TO APPROXIMATELY 550 STUDENTS GRADES PRE-KINDERGARTEN THROUGH 12TH GRADE.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt0236
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountInd00
IRS990/ExpenseAmt07054352
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt031350
IRS990/FeesForServicesAccountingGrp/TotalAmt031350
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt07095
IRS990/FeesForServicesOtherGrp/TotalAmt07095
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt04.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt14.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt24.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt34.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt410.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt54.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt64.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt74.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt84.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt94.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt104.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt114.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt124.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt134.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt144.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt154.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1660.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1745.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1845.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1687426
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt177800
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1821090
IRS990/Form990PartVIISectionAGrp/PersonNm0MR JOE JENNINGS
IRS990/Form990PartVIISectionAGrp/PersonNm1MR HANK THIESS
IRS990/Form990PartVIISectionAGrp/PersonNm2DR FRED JORDAN
IRS990/Form990PartVIISectionAGrp/PersonNm3MRS KIM BERREY
IRS990/Form990PartVIISectionAGrp/PersonNm4MR CRAIG COLBERG
IRS990/Form990PartVIISectionAGrp/PersonNm5MR JONATHAN BOERSMA
IRS990/Form990PartVIISectionAGrp/PersonNm6MR JOHN DEZIO
IRS990/Form990PartVIISectionAGrp/PersonNm7MRS SANDRA LUCK
IRS990/Form990PartVIISectionAGrp/PersonNm8MR MARK ROBERTS
IRS990/Form990PartVIISectionAGrp/PersonNm9MR ROB ARCHER
IRS990/Form990PartVIISectionAGrp/PersonNm10MR LOU CENTINI
IRS990/Form990PartVIISectionAGrp/PersonNm11MR FRANK COX
IRS990/Form990PartVIISectionAGrp/PersonNm12MRS KAREN WARD
IRS990/Form990PartVIISectionAGrp/PersonNm13MRS LYNN DIDUCH
IRS990/Form990PartVIISectionAGrp/PersonNm14MR MARVIN BOSWELL
IRS990/Form990PartVIISectionAGrp/PersonNm15MRS MICHELE WOOD
IRS990/Form990PartVIISectionAGrp/PersonNm16MR GEORGE SANKER
IRS990/Form990PartVIISectionAGrp/PersonNm17MR FRANK BERRY
IRS990/Form990PartVIISectionAGrp/PersonNm18MRS MO GAFFNEY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16138624
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt17115234
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt18101742
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/TitleTxt0SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16HEADMASTER
IRS990/Form990PartVIISectionAGrp/TitleTxt17CFO/COO
IRS990/Form990PartVIISectionAGrp/TitleTxt18HEAD OF LOWER SCHOOL
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01985
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingDirectExpensesAmt032644
IRS990/FundraisingGrossIncomeAmt0157882
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt016
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt01962623
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt01962623
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt010278761
IRS990/GrossRentsGrp/RealAmt023991
IRS990/GrossSalesOfInventoryAmt080530
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt016
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt02368
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt017739
IRS990/InformationTechnologyGrp/ProgramServicesAmt020844
IRS990/InformationTechnologyGrp/TotalAmt040951
IRS990/InsuranceGrp/FundraisingAmt03579
IRS990/InsuranceGrp/ManagementAndGeneralAmt028636
IRS990/InsuranceGrp/ProgramServicesAmt039374
IRS990/InsuranceGrp/TotalAmt071589
IRS990/InterestGrp/FundraisingAmt0354
IRS990/InterestGrp/ManagementAndGeneralAmt03687
IRS990/InterestGrp/ProgramServicesAmt0204245
IRS990/InterestGrp/TotalAmt0208286
IRS990/InventoriesForSaleOrUseGrp/BOYAmt026115
IRS990/InventoriesForSaleOrUseGrp/EOYAmt027079
IRS990/InvestmentIncomeGrp/ExclusionAmt09743
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt09743
IRS990/InvestmentInJointVentureInd00
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt040
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt08615505
IRS990/LandBldgEquipBasisNetGrp/BOYAmt011916883
IRS990/LandBldgEquipBasisNetGrp/EOYAmt011522914
IRS990/LandBldgEquipCostOrOtherBssAmt020138419
IRS990/LegalDomicileStateCd0VA
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd01
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE COVENANT SCHOOL SEEKS TO PROMOTE THE MORAL, INTELLECTUAL, AND PHYSICAL DEVELOPMENT OF YOUNG PEOPLE. WE FOSTER THE VIRTUES OF FAITH, WISDOM, AND LOVE THROUGH THE PURSUIT OF ACADEMIC EXCELLENCE AND THE RECOGNITION OF GOD'S SOVEREIGNTY OVER HIS CREATION. WE NURTURE OUR STUDENTS, CHALLENGING THEM TO FOLLOW THE EXAMPLE OF JESUS CHRIST, TO ACHIEVE THROUGH SELF-DISCIPLINE, TO LEAD BY SERVICE TO OTHERS, AND TO GROW IN KNOWLEDGE AND VIRTUE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0760324
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0818852
IRS990/NetAssetsOrFundBalancesBOYAmt03826843
IRS990/NetAssetsOrFundBalancesEOYAmt03823082
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0125238
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0125238
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt020645
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt020645
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt023991
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt023991
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoncashContributionsAmt012233
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt0356
IRS990/OccupancyGrp/ManagementAndGeneralAmt03702
IRS990/OccupancyGrp/ProgramServicesAmt0205091
IRS990/OccupancyGrp/TotalAmt0209149
IRS990/OfficeExpensesGrp/FundraisingAmt012943
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0104730
IRS990/OfficeExpensesGrp/ProgramServicesAmt0137933
IRS990/OfficeExpensesGrp/TotalAmt0255606
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0187267
IRS990/OtherAssetsTotalGrp/EOYAmt0147276
IRS990/OtherChangesInNetAssetsAmt0414813
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt011992
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt070338
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0342930
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0425260
IRS990/OtherExpensesGrp/Desc0SPECIAL EVENTS/ACTIVITI
IRS990/OtherExpensesGrp/Desc1ATHLETICS
IRS990/OtherExpensesGrp/Desc2REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc3SUBCONTRACT LABOR
IRS990/OtherExpensesGrp/FundraisingAmt05248
IRS990/OtherExpensesGrp/FundraisingAmt1117
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02393
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11218
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt211380
IRS990/OtherExpensesGrp/ProgramServicesAmt0192962
IRS990/OtherExpensesGrp/ProgramServicesAmt1107720
IRS990/OtherExpensesGrp/ProgramServicesAmt281814
IRS990/OtherExpensesGrp/ProgramServicesAmt326414
IRS990/OtherExpensesGrp/TotalAmt0200603
IRS990/OtherExpensesGrp/TotalAmt1107720
IRS990/OtherExpensesGrp/TotalAmt283149
IRS990/OtherExpensesGrp/TotalAmt337794
IRS990/OtherLiabilitiesGrp/BOYAmt0623282
IRS990/OtherLiabilitiesGrp/EOYAmt0208739
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0134495
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0804549
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt04295733
IRS990/OtherSalariesAndWagesGrp/TotalAmt05234777
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt012093
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt070829
IRS990/PayrollTaxesGrp/ProgramServicesAmt0338224
IRS990/PayrollTaxesGrp/TotalAmt0421146
IRS990/PensionPlanContributionsGrp/FundraisingAmt03244
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt019007
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt095295
IRS990/PensionPlanContributionsGrp/TotalAmt0117546
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0265872
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0217544
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0170240
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt021418
IRS990/PrincipalOfficerNm0MR GEORGE SANKER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/Desc0TUITION & FEES
IRS990/ProgramServiceRevenueGrp/Desc1AUXILIARY INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt08948249
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1463741
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt08948249
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1463741
IRS990/ProgSrvcAccomActy2Grp/Desc0FINANCIAL ASSISTANCE (FINANCIAL AID) WAS PROVIDED TO 261 STUDENTS DURING THE ACADEMIC YEAR.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01962623
IRS990/ProgSrvcAccomActy2Grp/GrantAmt01962623
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0496469
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt02011189
IRS990/PYInvestmentIncomeAmt06893
IRS990/PYOtherExpensesAmt02219298
IRS990/PYOtherRevenueAmt0154908
IRS990/PYProgramServiceRevenueAmt09544392
IRS990/PYRevenuesLessExpensesAmt0-435567
IRS990/PYSalariesCompEmpBnftPaidAmt06407742
IRS990/PYTotalExpensesAmt010638229
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt010202662
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt062437
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt053512
IRS990/ReconcilationRevenueExpnssAmt0-418574
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/RentalIncomeOrLossGrp/RealAmt023991
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$18.1$7.31$10.8$19.1$17.8$1.29
2024Detailed filing. Detailed filing data is available for this year.$16.6$7.01$9.57$18.0$16.8$1.17
2023Detailed filing. Detailed filing data is available for this year.$15.7$7.31$8.38$15.9$14.8$1.14
2022Detailed filing. Detailed filing data is available for this year.$15.2$8.11$7.07$14.5$13.0$1.47
2021Detailed filing. Detailed filing data is available for this year.$12.9$7.73$5.14$14.1$12.0$2.11
2020Detailed filing. Detailed filing data is available for this year.$11.9$9.16$2.73$11.2$11.3$0.07
2019Detailed filing. Detailed filing data is available for this year.$11.9$8.82$3.13$10.9$11.1$0.25
2018Detailed filing. Detailed filing data is available for this year.$12.4$8.64$3.71$10.2$10.6$0.35
2017Detailed filing. Detailed filing data is available for this year.$12.9$9.07$3.82$10.2$10.6$0.42
2016Detailed filing. Detailed filing data is available for this year.$13.6$9.76$3.83$10.2$10.6$0.44
2015Detailed filing. Detailed filing data is available for this year.$13.9$9.17$4.74$10.0$10.1$0.08
2014Detailed filing. Detailed filing data is available for this year.$14.8$9.80$4.98$8.05$8.77$0.72
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.0$11.2$5.82$10.1
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.4$13.8$5.59$9.35
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.6$14.6$6.98$9.53
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2017 filings • 501(c)3 • $10M-$25M nonprofits