Civic Intelligence

Covenant Theological Seminary

990 • Fiscal year 2018 • EIN 56-2278236

Jan 01, 2018 to Dec 31, 2018 • Filed on Jul 02, 2019

Organization ProfileWWW.COVENANTTHEOLOGICAL.NET
PO Box 1177Greenville, NC 27835

(252) 355-2888

Siviq Scores

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

Liabilities / Assets

88th percentile

0.40x

Higher debt load relative to assets than 88% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

65th percentile

0.01x

Higher debt load relative to revenue than 65% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

28th percentile

-6.3%

Higher net margin than 28% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

82nd percentile

$16,695

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 28.5% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

6th percentile

-66%

Faster asset growth than 6% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

24th percentile

-20%

Faster revenue growth than 24% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets88th percentile

Assets

Down

$1,593

Down $3,046 (-66%) from 2017

Net Assets

Down

$961

Down $3,678 (-79%) from 2017

Liabilities

Up

$632

Up $632 from 2017

Revenue And Expenses
Liabilities / Revenue65th percentileNet Margin28th percentile

Revenue

Down

$58,478

Down $14,659 (-20%) from 2017

Expenses

Down

$62,156

Down $10,152 (-14%) from 2017

Net Income

Down

-$3,678

Down $4,507 (-544%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth6th percentile

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

$40K$30K$20K$10K$0Assets 2011: $3,590Liabilities 2011: $1,292Net Assets 2011: $2,2982011Assets 2012: $1,810Liabilities 2012: $1,715Net Assets 2012: $952012Assets 2013: $2,647Liabilities 2013: $1,213Net Assets 2013: $1,4342013Assets 2014: $3,408Liabilities 2014: $0Net Assets 2014: $3,4082014Assets 2015: $7,337Liabilities 2015: $0Net Assets 2015: $7,3372015Assets 2016: $3,810Liabilities 2016: $0Net Assets 2016: $3,8102016Assets 2017: $4,639Liabilities 2017: $0Net Assets 2017: $4,6392017Assets 2018: $1,593Liabilities 2018: $632Net Assets 2018: $9612018Assets 2019: $4,155Liabilities 2019: $132Net Assets 2019: $4,0232019Assets 2021: $36,887Liabilities 2021: $0Net Assets 2021: $36,8872021Assets 2024: $28,326Net Assets 2024: $28,3262024

Highlighted filing

2018

Assets$1,593
Liabilities$632
Net Assets$961
Open 2018 Filing

Operations Trend

Revenue Growth24th percentile

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

$150K$100K$50K$0-$50KRevenue 2011: $61,102Expenses 2011: $61,061Net Income 2011: $412011Revenue 2012: $42,519Expenses 2012: $44,722Net Income 2012: -$2,2032012Revenue 2013: $47,653Expenses 2013: $46,314Net Income 2013: $1,3392013Revenue 2014: $57,507Expenses 2014: $55,533Net Income 2014: $1,9742014Revenue 2015: $59,463Expenses 2015: $55,534Net Income 2015: $3,9292015Revenue 2016: $54,607Expenses 2016: $58,134Net Income 2016: -$3,5272016Revenue 2017: $73,137Expenses 2017: $72,308Net Income 2017: $8292017Revenue 2018: $58,478Expenses 2018: $62,156Net Income 2018: -$3,6782018Revenue 2019: $30,343Expenses 2019: $27,281Net Income 2019: $3,0622019Revenue 2021: $37,797Expenses 2021: $19,063Net Income 2021: $18,7342021Revenue 2024: $100,484Expenses 2024: $72,158Net Income 2024: $28,3262024

Highlighted filing

2018

Revenue$58,478
Expenses$62,156
Net Income-$3,678
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Jul 2, 2019
Return Version
2018v3.1
Gross Receipts
$58,478
Mission and Program Overview

Mission

To train adults in the ministry of the church; to establish a mission department of missionaries & receive monies for such; to grant degrees, honorary degrees, & reissue diplomas to those who earned them; to give credit to those who accumulate data in their work of travel, literature, art, teaching, & writing studies; to establish new schools to do the same; to own property to further ministries; & to have seminars for credits or as audits.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$4,189$1,143▼ $3,046
Savings and Temporary Cash Investments$450$450→ $0
Total Assets$4,639$1,593▼ $3,046
Liabilities
Accounts Payable and Accrued Expenses-$632-
Total Liabilities$0$632▲ $632
Net Assets / Fund Balance
Unrestricted Net Assets$4,639$961▼ $3,678
Total Net Assets Fund Balance$4,639$961▼ $3,678
Total Liabilities and Net Assets / Fund Balance$4,639$1,593▼ $3,046

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$860$860
Compensation and Service Providers
Top Officer Pay82nd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Ron HornerDirectorPT$16,695$16,695
Max O FlynnPresidentPT$3,500$3,500

Board Members and Trustees

NameTitle
David MccoachDirector
Judith FlynnDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$58,478
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$58,478
Change in Net Assets
$-3,678
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$41,961
Salaries, Compensation, and Employee Benefits$20,195
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$8,069$14,009-$22,078
Current Officers, Directors, Trustees, and Key Employees$3,500$16,695-$20,195
Office Expenses-$8,574-$8,574
Conferences and Meetings$5,159--$5,159
Fees for Services Accounting-$1,600-$1,600
Other Expenses-$908-$908
Total Functional Expenses$16,728$45,428$0$62,156
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

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

Governance Checklist

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

Governance Explanations

Form 990, Page 6, Part VI, Line 2

“Max o. Flynn judith flynn president director married”

Form 990, Page 6, Part VI, Line 11B

“The board of directors review the form 990 for accuracy before signing and mailing it.”

Form 990, Page 6, Part VI, Line 19

“Through the website or contact with a director one may request to view the governing documents of the organization or ask questions concerning the particulars of the documents.”

Filing and Contact Details

Filer

Filer Name
Covenant Theological Seminary
EIN
56-2278236
Phone
2523552888
Address
PO BOX 1177, GREENVILLE, NC 27835

Signing Officer

Name
Max O Flynn
Title
President
Phone
2523552888
Signed
2019-07-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Max O Flynn
Formed
1990
Legal Domicile
Nc
Voting Board Members
4
Independent Board Members
4
Employees
0

Preparer

Firm
Michael V Joyner & Co CPA Pa
Address
2865 CHARLES BLVD, GREENVILLE, NC 27858-5934
Preparer
Debra J Carson
Phone
2523530677
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“To train adults in the ministry of the church; to establish a mission department of missionaries & receive monies for such; to grant degrees, honorary degrees, & reissue diplomas to those who earned them; to give credit to those who accumulate data in their work of travel, literature, art, teaching, & writing studies; to establish new schools to do the same; to own property to further ministries; & to have seminars for credits or as audits.”

Form 990, Part IX, Line 11G

“Contract labor 0 4,676 0 website 0 2,903 0 educational mat'ls/books 8,069 0 0 copier expense/lease 0 5,959 0 meals 0 471 0 total 8,069 14,009 0”

Raw XML Appendix334 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0632
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO TRAIN ADULTS IN THE MINISTRY OF THE CHURCH; TO ESTABLISH A MISSION DEPARTMENT OF MISSIONARIES & RECEIVE MONIES FOR SUCH; TO GRANT DEGREES, HONORARY DEGREES, & REISSUE DIPLOMAS TO THOSE WHO EARNED THEM; TO GIVE CREDIT TO THOSE WHO ACCUMULATE DATA IN THEIR WORK OF TRAVEL, LITERATURE, ART, TEACHING, & WRITING STUDIES; TO ESTABLISH NEW SCHOOLS TO DO THE SAME; TO OWN PROPERTY TO FURTHER MINISTRIES; & TO HAVE SEMINARS FOR CREDITS OR AS AUDITS.
IRS990/AllOtherContributionsAmt058478
IRS990/BooksInCareOfDetail/PersonNm0MAX O FLYNN
IRS990/BooksInCareOfDetail/PhoneNum02523552888
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0114 ROBIN ROAD
IRS990/BooksInCareOfDetail/USAddress/CityNm0GREENVILLE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd027858
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt04189
IRS990/CashNonInterestBearingGrp/EOYAmt01143
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt016695
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt03500
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt020195
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt05159
IRS990/ConferencesMeetingsGrp/TotalAmt05159
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt058478
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt041961
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-3678
IRS990/CYSalariesCompEmpBnftPaidAmt020195
IRS990/CYTotalExpensesAmt062156
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt058478
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0EXPENSES ARE FOR MATERIALS AND BOOKS FOR STUDENTS ENROLLED IN THE SEMINARY. ALSO, EXPENSES ARE FOR CONVOCATION, GRADUATION, BANQUET, AND CONVENTION DIRECTLY RELATED TO THE STUDENTS' EDUCATION AND ATTRITION INTO THE MINISTRY.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt016728
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt01600
IRS990/FeesForServicesAccountingGrp/TotalAmt01600
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt014009
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt08069
IRS990/FeesForServicesOtherGrp/TotalAmt022078
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt015.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt120.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0MAX O FLYNN
IRS990/Form990PartVIISectionAGrp/PersonNm1RON HORNER
IRS990/Form990PartVIISectionAGrp/PersonNm2JUDITH FLYNN
IRS990/Form990PartVIISectionAGrp/PersonNm3DAVID MCCOACH
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt03500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt116695
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01990
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt058478
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt04
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0860
IRS990/LandBldgEquipCostOrOtherBssAmt0860
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO TRAIN ADULTS IN THE MINISTRY OF THE CHURCH; TO ESTABLISH A MISSION DEPARTMENT OF MISSIONARIES & RECEIVE MONIES FOR SUCH; TO GRANT DEGREES, HONORARY DEGREES, & REISSUE DIPLOMAS TO THOSE WHO EARNED THEM; TO GIVE CREDIT TO THOSE WHO ACCUMULATE DATA IN THEIR WORK OF TRAVEL, LITERATURE, ART, TEACHING, & WRITING STUDIES; TO ESTABLISH NEW SCHOOLS TO DO THE SAME; TO OWN PROPERTY TO FURTHER MINISTRIES; & TO HAVE SEMINARS FOR CREDITS OR AS AUDITS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt04639
IRS990/NetAssetsOrFundBalancesEOYAmt0961
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt08574
IRS990/OfficeExpensesGrp/TotalAmt08574
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS EXPENSE
IRS990/OtherExpensesGrp/Desc1MERCHANT WIRE TRANSFER FE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03642
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1908
IRS990/OtherExpensesGrp/TotalAmt03642
IRS990/OtherExpensesGrp/TotalAmt1908
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0MAX O FLYNN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt073137
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt044127
IRS990/PYRevenuesLessExpensesAmt0829
IRS990/PYSalariesCompEmpBnftPaidAmt028181
IRS990/PYTotalExpensesAmt072308
IRS990/PYTotalRevenueAmt073137
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-3678
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0450
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0450
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0860
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0860
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0COVENANT THEOLOGICAL SEMINARY, INC. PUBLISHES ITS NON-DISCRIMINATION POLICY VIA ITS WEBSITE, STATING: "APPLICANTS FOR ADMISSION TO CTS ARE CONSIDERED WITHOUT REGARD TO SEX, AGE, COLOR, OR NATIONAL ORIGIN. EACH PROSPECTIVE STUDENT WILL BE ASSESSED ACCORDING TO HIS OR HER ACADEMIC BACKGROUND."
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO TRAIN ADULTS IN THE MINISTRY OF THE CHURCH; TO ESTABLISH A MISSION DEPARTMENT OF MISSIONARIES & RECEIVE MONIES FOR SUCH; TO GRANT DEGREES, HONORARY DEGREES, & REISSUE DIPLOMAS TO THOSE WHO EARNED THEM; TO GIVE CREDIT TO THOSE WHO ACCUMULATE DATA IN THEIR WORK OF TRAVEL, LITERATURE, ART, TEACHING, & WRITING STUDIES; TO ESTABLISH NEW SCHOOLS TO DO THE SAME; TO OWN PROPERTY TO FURTHER MINISTRIES; & TO HAVE SEMINARS FOR CREDITS OR AS AUDITS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MAX O. FLYNN JUDITH FLYNN PRESIDENT DIRECTOR MARRIED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS REVIEW THE FORM 990 FOR ACCURACY BEFORE SIGNING AND MAILING IT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THROUGH THE WEBSITE OR CONTACT WITH A DIRECTOR ONE MAY REQUEST TO VIEW THE GOVERNING DOCUMENTS OF THE ORGANIZATION OR ASK QUESTIONS CONCERNING THE PARTICULARS OF THE DOCUMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CONTRACT LABOR 0 4,676 0 WEBSITE 0 2,903 0 EDUCATIONAL MAT'LS/BOOKS 8,069 0 0 COPIER EXPENSE/LEASE 0 5,959 0 MEALS 0 471 0 TOTAL 8,069 14,009 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0FLYNN FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine2Txt0FLYNN FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0237410759
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0RELIGIOUS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt07
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0PO BOX 1177
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine2Txt0PO BOX 1177
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0GREENVILLE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd027835
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0700
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt11332
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH RECEIVED
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1CASH PAID
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0FLYNN FOUNDATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1FLYNN FOUNDATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine2Txt0FLYNN FOUNDATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine2Txt1FLYNN FOUNDATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0R
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1S
IRS990ScheduleR/TransferFromOtherOrgInd0true
IRS990ScheduleR/TransferToOtherOrgInd0true
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt04639
IRS990/TotalAssetsEOYAmt01593
IRS990/TotalAssetsGrp/BOYAmt04639
IRS990/TotalAssetsGrp/EOYAmt01593
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt058478
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt045428
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt016728
IRS990/TotalFunctionalExpensesGrp/TotalAmt062156
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt0632
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt0632
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt04639
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0961
IRS990/TotalProgramServiceExpensesAmt016728
IRS990/TotalReportableCompFromOrgAmt020195
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt058478
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04639
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01593
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt04639
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0961
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0114 ROBIN ROAD
IRS990/USAddress/CityNm0GREENVILLE
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd027858
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0WWW.COVENANTTHEOLOGICAL.NET
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MAX O FLYNN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02523552888
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-07-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0COVENANT THEOLOGICAL SEMINARY
ReturnHeader/Filer/BusinessNameControlTxt0COVE
ReturnHeader/Filer/EIN0562278236
ReturnHeader/Filer/PhoneNum02523552888
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1177
ReturnHeader/Filer/USAddress/CityNm0GREENVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027835
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId08D493D21967FC97C6869ABDE4ABA562D5D38DB97
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId06D331A1DF62AE34BEBA6196D7E708276C5792B7C
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0208.180.132.237
ReturnHeader/FilingSecurityInformation/IPDt02019-08-27
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm008:31:49
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0561618857
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MICHAEL V JOYNER & CO CPA PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02865 CHARLES BLVD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GREENVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0278585934
ReturnHeader/PreparerPersonGrp/PhoneNum02523530677
ReturnHeader/PreparerPersonGrp/PreparationDt02019-08-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DEBRA J CARSON
ReturnHeader/ReturnTs02019-08-27T08:31:49-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,593
Liabilities
$632
Net assets
$961
Revenue
$58,478
Expenses
$62,156
Net income
-$3,678
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.28$0.28$1.00$0.72$0.28
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.37$0.00$0.37$0.38$0.19$0.19
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.04$0.00$0.04$0.30$0.27$0.03
2018Detailed filing. Detailed filing data is available for this year.$0.02$0.01$0.01$0.58$0.62$0.04
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.05$0.00$0.05$0.73$0.72$0.01
2016Summary only. Only limited summary data is available for this year.$0.04$0.00$0.04$0.55$0.58$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.07$0.00$0.07$0.59$0.56$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.03$0.00$0.03$0.58$0.56$0.02
2013Detailed filing. Detailed filing data is available for this year.$0.03$0.01$0.01$0.48$0.46$0.01
2012Summary only. Only limited summary data is available for this year.$0.02$0.02$0.00$0.43$0.45$0.02
2011Summary only. Only limited summary data is available for this year.$0.04$0.01$0.02$0.61$0.61$0.00