Civic Intelligence

Covenant Classical School

990 • Fiscal year 2015 • EIN 56-1969559

Jul 01, 2014 to Jun 30, 2015 • Filed on Feb 01, 2016

Organization ProfileWWW.COVENANTCLASSICAL.ORG
3200 Patrick Henry Drive NWConcord, NC 28027

(704) 782-1854

Siviq Scores

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

Liabilities / Assets

48th percentile

0.12x

Higher debt load relative to assets than 48% of similar nonprofits.

2015 filings • NTEE B • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

50th percentile

0.09x

Higher debt load relative to revenue than 50% of similar nonprofits.

2015 filings • NTEE B • $1M-$5M nonprofits • Source year 2015

Net Margin

25th percentile

-3.2%

Higher net margin than 25% of similar nonprofits.

2015 filings • NTEE B • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

31st percentile

$0

Higher top officer pay than 31% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • NTEE B • $1M-$5M nonprofits • Source year 2015

Asset Growth

11th percentile

-11%

Faster asset growth than 11% of similar nonprofits.

2015 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

22nd percentile

-5.5%

Faster revenue growth than 22% of similar nonprofits.

2015 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets48th percentile

Assets

Down

$1,135,286

Down $142,441 (-11%) from 2014

Net Assets

Down

$997,398

Down $45,852 (-4.4%) from 2014

Liabilities

Down

$137,888

Down $96,589 (-41%) from 2014

Revenue And Expenses
Liabilities / Revenue50th percentileNet Margin25th percentile

Revenue

Down

$1,452,628

Down $84,439 (-5.5%) from 2014

Expenses

Up

$1,499,380

Up $64,679 (+4.5%) from 2014

Net Income

Down

-$46,752

Down $149,118 (-146%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth11th percentile

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

$6.0M$4.0M$2.0M$0Assets 2011: $1,202,188Liabilities 2011: $276,957Net Assets 2011: $925,2312011Assets 2012: $1,304,836Liabilities 2012: $322,721Net Assets 2012: $982,1152012Assets 2013: $1,217,534Liabilities 2013: $276,981Net Assets 2013: $940,5532013Assets 2014: $1,277,727Liabilities 2014: $234,477Net Assets 2014: $1,043,2502014Assets 2015: $1,135,286Liabilities 2015: $137,888Net Assets 2015: $997,3982015Assets 2016: $1,069,617Liabilities 2016: $144,520Net Assets 2016: $925,0972016Assets 2017: $1,510,976Liabilities 2017: $243,831Net Assets 2017: $1,267,1452017Assets 2018: $2,151,455Liabilities 2018: $674,655Net Assets 2018: $1,476,8002018Assets 2019: $3,851,557Liabilities 2019: $1,962,211Net Assets 2019: $1,889,3462019Assets 2020: $4,105,518Liabilities 2020: $2,084,749Net Assets 2020: $2,020,7692020Assets 2021: $4,269,977Liabilities 2021: $1,796,855Net Assets 2021: $2,473,1222021Assets 2022: $4,446,910Liabilities 2022: $1,765,944Net Assets 2022: $2,680,9662022Assets 2023: $4,509,354Liabilities 2023: $1,757,260Net Assets 2023: $2,752,0942023Assets 2024: $4,339,557Liabilities 2024: $1,549,545Net Assets 2024: $2,790,0122024

Highlighted filing

2015

Assets$1,135,286
Liabilities$137,888
Net Assets$997,398
Open 2015 Filing

Operations Trend

Revenue Growth22nd percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $1,271,478Expenses 2011: $1,211,703Net Income 2011: $59,7752011Revenue 2012: $1,314,259Expenses 2012: $1,257,375Net Income 2012: $56,8842012Revenue 2013: $1,333,855Expenses 2013: $1,375,417Net Income 2013: -$41,5622013Revenue 2014: $1,537,067Expenses 2014: $1,434,701Net Income 2014: $102,3662014Revenue 2015: $1,452,628Expenses 2015: $1,499,380Net Income 2015: -$46,7522015Revenue 2016: $1,461,129Expenses 2016: $1,531,083Net Income 2016: -$69,9542016Revenue 2017: $1,572,217Expenses 2017: $1,232,109Net Income 2017: $340,1082017Revenue 2018: $1,480,664Expenses 2018: $1,271,015Net Income 2018: $209,6492018Revenue 2019: $1,793,162Expenses 2019: $1,380,616Net Income 2019: $412,5462019Revenue 2020: $1,769,380Expenses 2020: $1,637,957Net Income 2020: $131,4232020Revenue 2021: $2,112,072Expenses 2021: $1,659,719Net Income 2021: $452,3532021Revenue 2022: $2,104,439Expenses 2022: $1,896,595Net Income 2022: $207,8442022Revenue 2023: $2,138,530Expenses 2023: $2,067,402Net Income 2023: $71,1282023Revenue 2024: $2,354,579Expenses 2024: $2,316,661Net Income 2024: $37,9182024

Highlighted filing

2015

Revenue$1,452,628
Expenses$1,499,380
Net Income-$46,752
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Feb 1, 2016
Return Version
2014v6.0
Gross Receipts
$1,453,030
Mission and Program Overview

Mission

Primary and secondary education

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$954,729$957,448▲ $2,719
Cash and Non-Interest-Bearing Accounts$258,034$117,040▼ $140,994
Accounts Receivable$19,423$32,532▲ $13,109
Savings and Temporary Cash Investments$38,826$16,178▼ $22,648
Investments in Publicly Traded Securities$5,355$11,768▲ $6,413
Prepaid Expenses and Deferred Charges$1,360$320▼ $1,040
Total Assets$1,277,727$1,135,286▼ $142,441
Liabilities
Deferred Revenue$178,830$113,433▼ $65,397
Unsecured Notes Loans Payable$39,845--
Accounts Payable and Accrued Expenses$15,802$24,455▲ $8,653
Total Liabilities$234,477$137,888▼ $96,589
Net Assets / Fund Balance
Unrestricted Net Assets$1,009,490$981,220▼ $28,270
Temporarily Rstr Net Assets$33,760$16,178▼ $17,582
Total Net Assets Fund Balance$1,043,250$997,398▼ $45,852
Total Liabilities and Net Assets / Fund Balance$1,277,727$1,135,286▼ $142,441

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$642,614$472,073-
Other Land Buildings$21,362$35,800-
Land$225,607--
Equipment$67,865$184,198-
Compensation and Service Providers
Top Officer Pay31st percentile

Board Members and Trustees

NameTitle
Mark AllredBoard Chair
Mathew KadackalBoard Member
Mike SmithBoard Member
Patricia PropstBoard Member
Tim GromisBoard Member
David Drye JrBoard Member Non-voting
Revenue and Support

Revenue Composition

Contributions and Grants
$159,444
Program Service Revenue
$1,293,451
Investment Income
$-267
Other Revenue
$0
All Other Contributions
$154,950
Change in Net Assets
$-46,752
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,133,105
Other Expenses$366,275
Total Fundraising Expense$5,266
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$736,201$207,646-$943,847
Occupancy$110,570$27,618-$138,188
Other Employee Benefits$87,798$24,763-$112,561
Payroll Taxes$59,824$16,873-$76,697
Depreciation Depletion$28,690$12,889-$41,579
Insurance$14,351$6,448-$20,799
Fees for Services Other$20,727--$20,727
All Other Expenses$10,189$8,906-$19,095
Office Expenses$7,258$8,486-$15,744
Other Expenses$38,262$5,349$5,266$5,266
Fees for Services Accounting$416$3,740-$4,156
Travel-$1,918-$1,918
Advertising$1,241$557-$1,798
Interest$388$97-$485
Total Functional Expenses$1,168,824$325,290$5,266$1,499,380
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

“Form 990 is reviewed at board meeting prior to filing”

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

“Periodic discussions with applicable parties”

Form 990, Part VI, Section B, Line 15

“Direct communication with similar organizations by board members”

Form 990, Part VI, Section C, Line 18

“Forms 1023 and 990 available for review at school offices upon request”

Form 990, Part VI, Section C, Line 19

“All financial information is available upon request”

Filing and Contact Details

Filer

Filer Name
Covenant Classical School
EIN
56-1969559
Phone
7047821854
Address
3200 PATRICK HENRY DRIVE NW, CONCORD, NC 28027

Signing Officer

Name
Mark Allred
Title
Board Chair
Phone
7047821854
Signed
2016-02-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark Allred
Formed
1996
Legal Domicile
Nc
Voting Board Members
5
Independent Board Members
0
Employees
48
Volunteers
20

Preparer

Firm
Potter & Company Pa
Address
434 COPPERFIELD BLVD NE STE A, CONCORD, NC 28025
Preparer
Samuel M Leder CPA
Phone
7047868189
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The process has not changed from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“The school has adopted asc 740-10 as it relates to uncertain tax positions for the year ended june 30, 2015 and has evaluated its tax positions for all open tax years. Currently, the 2011, 2012 and 2013 tax years are open and subject to examination by the internal revenue service. However, the school is not currently under audit nor has the school been contacted by the internal revenue service. Based on the evaluation of the school's tax positions, management believes all positions taken would be upheld under an examination. Therefore, no provision for the effects of uncertain tax positions has been recorded for the year ended june 30, 2015.”

Raw XML AppendixShowing 400 of 406 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/AccountantCompileOrReviewInd01
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt015802
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt024455
IRS990/AccountsReceivableGrp/BOYAmt019423
IRS990/AccountsReceivableGrp/EOYAmt032532
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PRIMARY AND SECONDARY EDUCATION
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0557
IRS990/AdvertisingGrp/ProgramServicesAmt01241
IRS990/AdvertisingGrp/TotalAmt01798
IRS990/AllOtherContributionsAmt0154950
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt08906
IRS990/AllOtherExpensesGrp/ProgramServicesAmt010189
IRS990/AllOtherExpensesGrp/TotalAmt019095
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum07047821854
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt03200 PATRICK HENRY DRIVE NW
IRS990/BooksInCareOfDetail/USAddress/CityNm0CONCORD
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd028027
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0258034
IRS990/CashNonInterestBearingGrp/EOYAmt0117040
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContriRptFundraisingEventAmt04494
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0159444
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0-267
IRS990/CYOtherExpensesAmt0366275
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt01293451
IRS990/CYRevenuesLessExpensesAmt0-46752
IRS990/CYSalariesCompEmpBnftPaidAmt01133105
IRS990/CYTotalExpensesAmt01499380
IRS990/CYTotalFundraisingExpenseAmt05266
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01452628
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0178830
IRS990/DeferredRevenueGrp/EOYAmt0113433
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt012889
IRS990/DepreciationDepletionGrp/ProgramServicesAmt028690
IRS990/DepreciationDepletionGrp/TotalAmt041579
IRS990/Desc0PRIMARY AND SECONDARY EDUCATION
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt048
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01168824
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt03740
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt0416
IRS990/FeesForServicesAccountingGrp/TotalAmt04156
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt020727
IRS990/FeesForServicesOtherGrp/TotalAmt020727
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt14.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0MATHEW KADACKAL
IRS990/Form990PartVIISectionAGrp/PersonNm1MARK ALLRED
IRS990/Form990PartVIISectionAGrp/PersonNm2PATRICIA PROPST
IRS990/Form990PartVIISectionAGrp/PersonNm3MIKE SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm4TIM GROMIS
IRS990/Form990PartVIISectionAGrp/PersonNm5DAVID DRYE JR
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER NON-VOTING
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01996
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/FundraisingAmt04494
IRS990/FundraisingDirectExpensesAmt00
IRS990/FundraisingGrossIncomeAmt00
IRS990/GainOrLossGrp/OtherAmt0-402
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01453030
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt06448
IRS990/InsuranceGrp/ProgramServicesAmt014351
IRS990/InsuranceGrp/TotalAmt020799
IRS990/InterestGrp/ManagementAndGeneralAmt097
IRS990/InterestGrp/ProgramServicesAmt0388
IRS990/InterestGrp/TotalAmt0485
IRS990/InvestmentIncomeGrp/ExclusionAmt0135
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0135
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt05355
IRS990/InvestmentsPubTradedSecGrp/EOYAmt011768
IRS990/IRPDocumentCnt011
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0692071
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0954729
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0957448
IRS990/LandBldgEquipCostOrOtherBssAmt01649519
IRS990/LegalDomicileStateCd0NC
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0402
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PRIMARY AND SECONDARY EDUCATION
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01043250
IRS990/NetAssetsOrFundBalancesEOYAmt0997398
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-402
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-402
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0900
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt05379
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt027618
IRS990/OccupancyGrp/ProgramServicesAmt0110570
IRS990/OccupancyGrp/TotalAmt0138188
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt08486
IRS990/OfficeExpensesGrp/ProgramServicesAmt07258
IRS990/OfficeExpensesGrp/TotalAmt015744
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt024763
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt087798
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0112561
IRS990/OtherExpensesGrp/Desc0MOBILE UNIT LEASES
IRS990/OtherExpensesGrp/Desc1BOOKS & PUBLICATIONS
IRS990/OtherExpensesGrp/Desc2SUPPLIES AND MINOR EQUI
IRS990/OtherExpensesGrp/Desc3ADVANCEMENT
IRS990/OtherExpensesGrp/FundraisingAmt05266
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt05349
IRS990/OtherExpensesGrp/ProgramServicesAmt052909
IRS990/OtherExpensesGrp/ProgramServicesAmt138262
IRS990/OtherExpensesGrp/TotalAmt052909
IRS990/OtherExpensesGrp/TotalAmt138262
IRS990/OtherExpensesGrp/TotalAmt25349
IRS990/OtherExpensesGrp/TotalAmt35266
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0207646
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0736201
IRS990/OtherSalariesAndWagesGrp/TotalAmt0943847
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt016873
IRS990/PayrollTaxesGrp/ProgramServicesAmt059824
IRS990/PayrollTaxesGrp/TotalAmt076697
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01360
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0320
IRS990/PrincipalOfficerNm0MARK ALLRED
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/BusinessCd1611110
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND REGISTRATI
IRS990/ProgramServiceRevenueGrp/Desc1BOOK CHARGES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01232215
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt142682
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01232215
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt142682
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0173418
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt065
IRS990/PYOtherExpensesAmt0392476
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01363584
IRS990/PYRevenuesLessExpensesAmt0102366
IRS990/PYSalariesCompEmpBnftPaidAmt01042225
IRS990/PYTotalExpensesAmt01434701
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01537067
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-46752
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01293049
IRS990/SavingsAndTempCashInvstGrp/BOYAmt038826
IRS990/SavingsAndTempCashInvstGrp/EOYAmt016178
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0642614
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0472073
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt01114687
IRS990ScheduleD/EquipmentGrp/BookValueAmt067865
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0184198
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0252063
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0225607
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0225607
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt021362
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt035800
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt057162
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL HAS ADOPTED ASC 740-10 AS IT RELATES TO UNCERTAIN TAX POSITIONS FOR THE YEAR ENDED JUNE 30, 2015 AND HAS EVALUATED ITS TAX POSITIONS FOR ALL OPEN TAX YEARS. CURRENTLY, THE 2011, 2012 AND 2013 TAX YEARS ARE OPEN AND SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. HOWEVER, THE SCHOOL IS NOT CURRENTLY UNDER AUDIT NOR HAS THE SCHOOL BEEN CONTACTED BY THE INTERNAL REVENUE SERVICE. BASED ON THE EVALUATION OF THE SCHOOL'S TAX POSITIONS, MANAGEMENT BELIEVES ALL POSITIONS TAKEN WOULD BE UPHELD UNDER AN EXAMINATION. THEREFORE, NO PROVISION FOR THE EFFECTS OF UNCERTAIN TAX POSITIONS HAS BEEN RECORDED FOR THE YEAR ENDED JUNE 30, 2015.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0957448
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0NON-DISCRIMINATORY POLICY PUBLICIZED IN SCHOOL BROCHURE, LOCAL NEWPAPER AND IN ADVERTISING ON LOCAL RADIO PROGRAM
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS REVIEWED AT BOARD MEETING PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PERIODIC DISCUSSIONS WITH APPLICABLE PARTIES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DIRECT COMMUNICATION WITH SIMILAR ORGANIZATIONS BY BOARD MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORMS 1023 AND 990 AVAILABLE FOR REVIEW AT SCHOOL OFFICES UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL FINANCIAL INFORMATION IS AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt033760
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt016178
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01277727
IRS990/TotalAssetsEOYAmt01135286
IRS990/TotalAssetsGrp/BOYAmt01277727
IRS990/TotalAssetsGrp/EOYAmt01135286
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0159444
IRS990/TotalEmployeeCnt048
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt05266
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0325290
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01168824
IRS990/TotalFunctionalExpensesGrp/TotalAmt01499380
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0234477
IRS990/TotalLiabilitiesEOYAmt0137888
IRS990/TotalLiabilitiesGrp/BOYAmt0234477
IRS990/TotalLiabilitiesGrp/EOYAmt0137888
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01043250
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0997398
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt018554
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt018554
IRS990/TotalProgramServiceExpensesAmt01168824
IRS990/TotalProgramServiceRevenueAmt01293451
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0135
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01293049
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01452628
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt020
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01277727
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01135286
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt01918
IRS990/TravelGrp/TotalAmt01918
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01009490
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0981220
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt039845
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03200 PATRICK HENRY DRIVE NW
IRS990/USAddress/CityNm0CONCORD
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd028027
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0WWW.COVENANTCLASSICAL.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MARK ALLRED
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum07047821854
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-02-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0COVENANT CLASSICAL SCHOOL
ReturnHeader/Filer/BusinessNameControlTxt0COVE
ReturnHeader/Filer/EIN0561969559
ReturnHeader/Filer/PhoneNum07047821854
ReturnHeader/Filer/USAddress/AddressLine1Txt03200 PATRICK HENRY DRIVE NW
ReturnHeader/Filer/USAddress/CityNm0CONCORD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028027
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0561220683
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0POTTER & COMPANY PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0434 COPPERFIELD BLVD NE STE A
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CONCORD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028025
ReturnHeader/PreparerPersonGrp/PhoneNum07047868189

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,135,286
Liabilities
$137,888
Net assets
$997,398
Revenue
$1,452,628
Expenses
$1,499,380
Net income
-$46,752
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.34$1.55$2.79$2.35$2.32$0.04
2023Detailed filing. Detailed filing data is available for this year.$4.51$1.76$2.75$2.14$2.07$0.07
2022Detailed filing. Detailed filing data is available for this year.$4.45$1.77$2.68$2.10$1.90$0.21
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.27$1.80$2.47$2.11$1.66$0.45
2020Detailed filing. Detailed filing data is available for this year.$4.11$2.08$2.02$1.77$1.64$0.13
2019Detailed filing. Detailed filing data is available for this year.$3.85$1.96$1.89$1.79$1.38$0.41
2018Detailed filing. Detailed filing data is available for this year.$2.15$0.67$1.48$1.48$1.27$0.21
2017Detailed filing. Detailed filing data is available for this year.$1.51$0.24$1.27$1.57$1.23$0.34
2016Detailed filing. Detailed filing data is available for this year.$1.07$0.14$0.93$1.46$1.53$0.07
2015Detailed filing. Detailed filing data is available for this year.$1.14$0.14$1.00$1.45$1.50$0.05
2014Detailed filing. Detailed filing data is available for this year.$1.28$0.23$1.04$1.54$1.43$0.10
2013Summary only. Only limited summary data is available for this year.$1.22$0.28$0.94$1.33$1.38$0.04
2012Summary only. Only limited summary data is available for this year.$1.30$0.32$0.98$1.31$1.26$0.06
2011Summary only. Only limited summary data is available for this year.$1.20$0.28$0.93$1.27$1.21$0.06