Civic Intelligence

Covenant Christian Academy

990 • Fiscal year 2015 • EIN 58-1795475

Jul 01, 2014 to Jun 30, 2015 • Filed on Feb 05, 2016

Organization ProfileWWW.COVENANTACADMEY.NET
4652 Ayers RdMacon, GA 31210-4511

(478) 471-0285

Siviq Scores

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

Liabilities / Assets

95th percentile

1.23x

Higher debt load relative to assets than 95% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Liabilities / Revenue

87th percentile

1.80x

Higher debt load relative to revenue than 87% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Net Margin

54th percentile

3.7%

Higher net margin than 54% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Top Officer Pay

19th percentile

$0

Higher top officer pay than 19% of similar nonprofits.

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

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Asset Growth

26th percentile

-3.6%

Faster asset growth than 26% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Revenue Growth

63rd percentile

8.3%

Faster revenue growth than 63% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets95th percentile

Assets

Down

$5,073,313

Down $192,158 (-3.6%) from 2014

Net Assets

Up

-$1,152,895

Up $161,907 (+12%) from 2014

Liabilities

Down

$6,226,208

Down $354,065 (-5.4%) from 2014

Revenue And Expenses
Liabilities / Revenue87th percentileNet Margin54th percentile

Revenue

Up

$3,457,713

Up $265,015 (+8.3%) from 2014

Expenses

Down

$3,328,288

Down $82,735 (-2.4%) from 2014

Net Income

Up

$129,425

Up $347,750 (+159%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth26th percentile

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

$10M$5.0M$0-$5.0MAssets 2011: $5,526,821Liabilities 2011: $6,794,226Net Assets 2011: -$1,267,4052011Assets 2012: $5,378,257Liabilities 2012: $6,706,316Net Assets 2012: -$1,328,0592012Assets 2013: $5,298,304Liabilities 2013: $6,568,438Net Assets 2013: -$1,270,1342013Assets 2014: $5,265,471Liabilities 2014: $6,580,273Net Assets 2014: -$1,314,8022014Assets 2015: $5,073,313Liabilities 2015: $6,226,208Net Assets 2015: -$1,152,8952015Assets 2016: $4,956,236Liabilities 2016: $6,160,640Net Assets 2016: -$1,204,4042016Assets 2017: $4,807,349Liabilities 2017: $6,158,864Net Assets 2017: -$1,351,5152017Assets 2018: $4,745,985Liabilities 2018: $6,086,797Net Assets 2018: -$1,340,8122018Assets 2019: $4,720,679Liabilities 2019: $6,209,521Net Assets 2019: -$1,488,8422019Assets 2020: $5,146,090Liabilities 2020: $6,440,121Net Assets 2020: -$1,294,0312020Assets 2021: $5,209,141Liabilities 2021: $6,395,978Net Assets 2021: -$1,186,8372021Assets 2022: $5,179,469Liabilities 2022: $6,134,801Net Assets 2022: -$955,3322022Assets 2023: $4,799,222Liabilities 2023: $5,880,713Net Assets 2023: -$1,081,4912023Assets 2024: $4,537,075Liabilities 2024: $5,755,788Net Assets 2024: -$1,218,7132024

Highlighted filing

2015

Assets$5,073,313
Liabilities$6,226,208
Net Assets-$1,152,895
Open 2015 Filing

Operations Trend

Revenue Growth63rd percentile

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $3,533,2852011Revenue 2012: $3,603,905Expenses 2012: $3,554,098Net Income 2012: $49,8072012Expenses 2013: $3,417,4352013Revenue 2014: $3,192,698Expenses 2014: $3,411,023Net Income 2014: -$218,3252014Revenue 2015: $3,457,713Expenses 2015: $3,328,288Net Income 2015: $129,4252015Revenue 2016: $2,924,239Expenses 2016: $2,998,412Net Income 2016: -$74,1732016Revenue 2017: $2,726,116Expenses 2017: $2,893,579Net Income 2017: -$167,4632017Revenue 2018: $2,783,130Expenses 2018: $2,794,271Net Income 2018: -$11,1412018Revenue 2019: $2,953,319Expenses 2019: $3,107,002Net Income 2019: -$153,6832019Revenue 2020: $3,215,614Expenses 2020: $3,006,607Net Income 2020: $209,0072020Revenue 2021: $3,258,477Expenses 2021: $3,135,830Net Income 2021: $122,6472021Revenue 2022: $3,061,604Expenses 2022: $3,056,080Net Income 2022: $5,5242022Revenue 2023: $2,880,233Expenses 2023: $2,977,991Net Income 2023: -$97,7582023Revenue 2024: $2,974,192Expenses 2024: $3,076,601Net Income 2024: -$102,4092024

Highlighted filing

2015

Revenue$3,457,713
Expenses$3,328,288
Net Income$129,425
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Feb 5, 2016
Return Version
2014v6.0
Gross Receipts
$3,509,159
Mission and Program Overview

Mission

To assist christian parents in the education of their children.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,672,168$4,533,060▼ $139,108
Cash and Non-Interest-Bearing Accounts$295,595$327,164▲ $31,569
Accounts Receivable$88,360$142,181▲ $53,821
Intangible Assets$97,008--
Savings and Temporary Cash Investments$58,525$60,314▲ $1,789
Pledges and Grants Receivable$37,640--
Prepaid Expenses and Deferred Charges$4,864$6,391▲ $1,527
Total Assets$5,265,471$5,073,313▼ $192,158
Other Assets Total$11,311$4,203▼ $7,108
Liabilities
Mortgage Notes Payable Secured by Investment Property$245,195$5,582,319▲ $5,337,124
Tax Exempt Bond Liabilities$5,076,531--
Other Liabilities$525,000--
Deferred Revenue$548,676$474,301▼ $74,375
Accounts Payable and Accrued Expenses$184,871$169,588▼ $15,283
Total Liabilities$6,580,273$6,226,208▼ $354,065
Net Assets / Fund Balance
Temporarily Rstr Net Assets$132,377$22,352▼ $110,025
Unrestricted Net Assets$-1,447,179$-1,175,247▲ $271,932
Total Net Assets Fund Balance$-1,314,802$-1,152,895▲ $161,907
Total Liabilities and Net Assets / Fund Balance$5,265,471$5,073,313▼ $192,158

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,920,424$1,875,933$5,796,357
Land$534,390-$534,390
Equipment$78,246$227,508$305,754
Compensation and Service Providers
Top Officer Pay19th percentile

Board Members and Trustees

NameTitle
Richard BrownChairman
Bo Adams-
Larry Gott-
Mike Holman-
Brandon ChristySecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$606,662
Program Service Revenue
$2,778,209
Investment Income
$365
Other Revenue
$72,477
All Other Contributions
$606,662
Change in Net Assets
$129,425

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,457,713
Revenue Not Reported on Form 990
$51,446
Total Revenue per Audited Statements
$3,509,159
Total Revenue per Form 990
$3,457,713
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,057,368
Other Expenses$1,270,920
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,503,570$436,526-$1,940,096
Depreciation Depletion$307,913$15,808-$323,721
Occupancy$221,283$11,646-$232,929
All Other Expenses$152,676$37,214-$189,890
Interest$178,464$9,393-$187,857
Payroll Taxes$92,343$24,929-$117,272
Other Expenses$30,580$4,083-$34,663
Insurance-$29,380-$29,380
Advertising-$17,997-$17,997
Fees for Services Legal-$14,970-$14,970
Office Expenses-$10,164-$10,164
Fees for Services Accounting-$7,895-$7,895
Information Technology-$6,258-$6,258
Total Functional Expenses$2,665,484$662,804$0$3,328,288

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,347,252
Total Expenses per Form 990$3,328,288
Expenses per Audited Statements$3,295,807
Expenses Not Reported on Form 990$51,445
Expenses Not Reported on Financial Statements$32,481
Other Expense Adjustments$32,481
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$75,697
Fundraising Direct Expenses$51,446
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Booster Club Ev$17,639$17,639$11,112$6,527
Spring Formal F$10,412$10,412$7,307$3,105
Total Events$60,862$60,862$43,785$17,077
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Suzanne HartzogDirec. Daughter3rd Grade AideNo-
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
Yes
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, Page 6, Part VI, Line 11B

“The cpa who prepares the form 990 and related schedules reviews the tax forms in detail with the chairman of the board. The remainder of the board is given copies for review and comment prior to the filing of the return.”

Form 990, Page 6, Part VI, Line 12C

“To ensure the corporation operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax-exempt status, a periodic review shall be conducted. The periodic reviews shall, at a minimum, include all compensation arrangements and benefit arrangements; conformity to written policies of the corporation and that further charitable purposes does not result in impermissible private benefit or in an excess benefit transaction.”

Form 990, Page 6, Part VI, Line 15A

“The board considers relevant compensation data and sets the compensation for the headmaster. This is voted on by the full board.”

Form 990, Page 6, Part VI, Line 15B

“The board considers relevant compensation data and sets the compensation for the headmaster or any officers that are compensated. This is voted on by the full board. In the event the compensation is for an officer who is also a board member, the member that it pertains to does not participate in the vote.”

Form 990, Page 6, Part VI, Line 19

“The office of the headmaster may be contacted at any time and a request for review of the documents can be made.”

Filing and Contact Details

Filer

Filer Name
Covenant Academy Inc
EIN
58-1795475
Phone
4784710285
Address
4652 AYERS RD, MACON, GA 31210-4511

Signing Officer

Name
Richard Brown
Title
Chairman of the Board
Phone
4784710285
Signed
2016-02-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard Brown
Formed
1986
Legal Domicile
Ga
Voting Board Members
5
Independent Board Members
5
Employees
100
Volunteers
41

Preparer

Firm
The Rainey Accounting Firm LLC
Address
250 NORTHSIDE CROSSING, MACON, GA 31210-2296
Preparer
Jeb L Rainey CPA
Phone
4783142692
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Direct costs (part viii, line 8b) (in fin stmt exp) 51,445 rounding 1 direct costs (part viii, line 8b) (in fin stmt exp) -51,445 rounding differences 0 book / tax depreciation difference 32,481”

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

“Direct costs (part viii, line 8b) (in fin stmt exp) 51,445 rounding 1”

Schedule D, Page 4, Part XII, Line 2D

“Direct costs (part viii, line 8b) (in fin stmt exp) 51,445 rounding differences 0”

Schedule D, Page 4, Part XII, Line 4B

“Book / tax depreciation difference 32,481”

Raw XML AppendixShowing 400 of 429 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.

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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1173699
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt255938
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3-1179777
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0318077
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0191
IRS990/PYOtherExpensesAmt01380542
IRS990/PYOtherRevenueAmt034380
IRS990/PYProgramServiceRevenueAmt02840050
IRS990/PYRevenuesLessExpensesAmt0-218325
IRS990/PYSalariesCompEmpBnftPaidAmt02030481
IRS990/PYTotalExpensesAmt03411023
IRS990/PYTotalRevenueAmt03192698
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0129425
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt058525
IRS990/SavingsAndTempCashInvstGrp/EOYAmt060314
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/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt03920424
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01875933
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05796357
IRS990ScheduleD/EquipmentGrp/BookValueAmt078246
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0227508
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0305754
IRS990ScheduleD/ExpensesNotReportedAmt051445
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt032481
IRS990ScheduleD/ExpensesSubtotalAmt03295807
IRS990ScheduleD/LandGrp/BookValueAmt0534390
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0534390
IRS990ScheduleD/OtherExpensesIncludedAmt051445
IRS990ScheduleD/OtherExpensesNotIncludedAmt032481
IRS990ScheduleD/OtherRevenueAmt051446
IRS990ScheduleD/RevenueNotReportedAmt051446
IRS990ScheduleD/RevenueSubtotalAmt03457713
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0DIRECT COSTS (PART VIII, LINE 8B) (IN FIN STMT EXP) 51,445 ROUNDING 1
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1DIRECT COSTS (PART VIII, LINE 8B) (IN FIN STMT EXP) 51,445 ROUNDING DIFFERENCES 0
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2BOOK / TAX DEPRECIATION DIFFERENCE 32,481
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 4, PART XII, LINE 4B
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04533060
IRS990ScheduleD/TotalExpensesPerForm990Amt03328288
IRS990ScheduleD/TotalRevenuePerForm990Amt03457713
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03509159
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03347252
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/ExplanationTxt0THE POLICY STATEMENT IS PUBLISHED IN LOCAL PUBLICATIONS; INCLUDED IN PROMOTIONAL BROCHURES, APPLICATIONS AND STUDENT HANDBOOKS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt043785
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0BOOSTER CLUB EV
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0SPRING FORMAL F
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt017639
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt010412
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt032811
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt060862
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt017639
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt010412
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt032811
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt060862
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt017077
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt025366
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt043785
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt011112
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt07307
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt04
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0SUZANNE HARTZOG
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0DIREC. DAUGHTER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc03RD GRADE AIDE
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CPA WHO PREPARES THE FORM 990 AND RELATED SCHEDULES REVIEWS THE TAX FORMS IN DETAIL WITH THE CHAIRMAN OF THE BOARD. THE REMAINDER OF THE BOARD IS GIVEN COPIES FOR REVIEW AND COMMENT PRIOR TO THE FILING OF THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TO ENSURE THE CORPORATION OPERATES IN A MANNER CONSISTENT WITH CHARITABLE PURPOSES AND DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS TAX-EXEMPT STATUS, A PERIODIC REVIEW SHALL BE CONDUCTED. THE PERIODIC REVIEWS SHALL, AT A MINIMUM, INCLUDE ALL COMPENSATION ARRANGEMENTS AND BENEFIT ARRANGEMENTS; CONFORMITY TO WRITTEN POLICIES OF THE CORPORATION AND THAT FURTHER CHARITABLE PURPOSES DOES NOT RESULT IN IMPERMISSIBLE PRIVATE BENEFIT OR IN AN EXCESS BENEFIT TRANSACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD CONSIDERS RELEVANT COMPENSATION DATA AND SETS THE COMPENSATION FOR THE HEADMASTER. THIS IS VOTED ON BY THE FULL BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD CONSIDERS RELEVANT COMPENSATION DATA AND SETS THE COMPENSATION FOR THE HEADMASTER OR ANY OFFICERS THAT ARE COMPENSATED. THIS IS VOTED ON BY THE FULL BOARD. IN THE EVENT THE COMPENSATION IS FOR AN OFFICER WHO IS ALSO A BOARD MEMBER, THE MEMBER THAT IT PERTAINS TO DOES NOT PARTICIPATE IN THE VOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE OFFICE OF THE HEADMASTER MAY BE CONTACTED AT ANY TIME AND A REQUEST FOR REVIEW OF THE DOCUMENTS CAN BE MADE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DIRECT COSTS (PART VIII, LINE 8B) (IN FIN STMT EXP) 51,445 ROUNDING 1 DIRECT COSTS (PART VIII, LINE 8B) (IN FIN STMT EXP) -51,445 ROUNDING DIFFERENCES 0 BOOK / TAX DEPRECIATION DIFFERENCE 32,481
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0MACON DIVISION PROPERTIES LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt0230651
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0GA
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0REAL ESTAT
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt04562AYERS ROAD
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0MACON
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0GA
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IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt05076531
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0132377
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt022352
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt05265471
IRS990/TotalAssetsEOYAmt05073313
IRS990/TotalAssetsGrp/BOYAmt05265471
IRS990/TotalAssetsGrp/EOYAmt05073313
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0606662
IRS990/TotalEmployeeCnt0100
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0662804
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02665484
IRS990/TotalFunctionalExpensesGrp/TotalAmt03328288
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt06580273
IRS990/TotalLiabilitiesEOYAmt06226208
IRS990/TotalLiabilitiesGrp/BOYAmt06580273
IRS990/TotalLiabilitiesGrp/EOYAmt06226208
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-1314802
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-1152895
IRS990/TotalProgramServiceExpensesAmt02665484
IRS990/TotalProgramServiceRevenueAmt02778209
IRS990/TotalRevenueGrp/ExclusionAmt048591
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02778209
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03457713
IRS990/TotalVolunteersCnt041
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05265471
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05073313
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-1447179
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-1175247
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt04652 AYERS RD
IRS990/USAddress/CityNm0MACON
IRS990/USAddress/StateAbbreviationCd0GA
IRS990/USAddress/ZIPCd031210
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.COVENANTACADMEY.NET

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$5,073,313
Liabilities
$6,226,208
Net assets
-$1,152,895
Revenue
$3,457,713
Expenses
$3,328,288
Net income
$129,425
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.54$5.76$1.22$2.97$3.08$0.10
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.80$5.88$1.08$2.88$2.98$0.10
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.18$6.13$0.96$3.06$3.06$0.01
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.21$6.40$1.19$3.26$3.14$0.12
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.15$6.44$1.29$3.22$3.01$0.21
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.72$6.21$1.49$2.95$3.11$0.15
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.75$6.09$1.34$2.78$2.79$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.81$6.16$1.35$2.73$2.89$0.17
2016Detailed filing. Detailed filing data is available for this year.$4.96$6.16$1.20$2.92$3.00$0.07
2015Detailed filing. Detailed filing data is available for this year.$5.07$6.23$1.15$3.46$3.33$0.13
2014Detailed filing. Detailed filing data is available for this year.$5.27$6.58$1.31$3.19$3.41$0.22
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.30$6.57$1.27$3.42
2012Summary only. Only limited summary data is available for this year.$5.38$6.71$1.33$3.60$3.55$0.05
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.53$6.79$1.27$3.53
Peer Organizations

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