Civic Intelligence

Covenant Christian Academy

990 • Fiscal year 2016 • EIN 58-1795475

Jul 01, 2015 to Jun 30, 2016 • Filed on Feb 09, 2017

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

94th percentile

1.24x

Higher debt load relative to assets than 94% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

90th percentile

2.11x

Higher debt load relative to revenue than 90% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

34th percentile

-2.5%

Higher net margin than 34% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

33rd percentile

-2.3%

Faster asset growth than 33% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

19th percentile

-15%

Faster revenue growth than 19% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets94th percentile

Assets

Down

$4,956,236

Down $117,077 (-2.3%) from 2015

Net Assets

Down

-$1,204,404

Down $51,509 (-4.5%) from 2015

Liabilities

Down

$6,160,640

Down $65,568 (-1.1%) from 2015

Revenue And Expenses
Liabilities / Revenue90th percentileNet Margin34th percentile

Revenue

Down

$2,924,239

Down $533,474 (-15%) from 2015

Expenses

Down

$2,998,412

Down $329,876 (-9.9%) from 2015

Net Income

Down

-$74,173

Down $203,598 (-157%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth33rd 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

2016

Assets$4,956,236
Liabilities$6,160,640
Net Assets-$1,204,404
Open 2016 Filing

Operations Trend

Revenue Growth19th 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

2016

Revenue$2,924,239
Expenses$2,998,412
Net Income-$74,173
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Feb 9, 2017
Return Version
2015v3.0
Gross Receipts
$2,985,005
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$4,533,060$4,429,777▼ $103,283
Cash and Non-Interest-Bearing Accounts$327,164$346,132▲ $18,968
Accounts Receivable$142,181$144,155▲ $1,974
Savings and Temporary Cash Investments$60,314$23,054▼ $37,260
Prepaid Expenses and Deferred Charges$6,391$6,641▲ $250
Total Assets$5,073,313$4,956,236▼ $117,077
Other Assets Total$4,203$6,477▲ $2,274
Liabilities
Mortgage Notes Payable Secured by Investment Property$5,582,319$5,563,399▼ $18,920
Deferred Revenue$474,301$452,765▼ $21,536
Accounts Payable and Accrued Expenses$169,588$144,476▼ $25,112
Total Liabilities$6,226,208$6,160,640▼ $65,568
Net Assets / Fund Balance
Temporarily Rstr Net Assets$22,352$62,515▲ $40,163
Unrestricted Net Assets$-1,175,247$-1,266,919▼ $91,672
Total Net Assets Fund Balance$-1,152,895$-1,204,404▼ $51,509
Total Liabilities and Net Assets / Fund Balance$5,073,313$4,956,236▼ $117,077

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,779,253$2,091,154$5,870,407
Land$534,390-$534,390
Equipment$116,134$189,620$305,754
Compensation and Service Providers
Top Officer Pay35th percentile

Board Members and Trustees

NameTitle
Richard BrownChairman
Bo AdamsDirector
Larry GottDirector
Mike HolmanDirector
Brandon ChristySecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$198,533
Program Service Revenue
$2,702,206
Investment Income
$1,415
Other Revenue
$22,085
All Other Contributions
$198,533
Change in Net Assets
$-74,173

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,924,239
Revenue Not Reported on Form 990
$60,766
Total Revenue per Audited Statements
$2,985,005
Total Revenue per Form 990
$2,924,239
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,927,481
Other Expenses$1,070,931
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,264,496$554,225-$1,818,721
Occupancy$234,888$12,363-$247,251
Depreciation Depletion$189,998$9,999-$199,997
Interest$173,027$9,299-$182,326
All Other Expenses$92,008$30,317-$122,325
Payroll Taxes$88,888$19,872-$108,760
Insurance-$31,008-$31,008
Other Expenses$27,046$1,423-$28,469
Advertising-$15,902-$15,902
Fees for Services Accounting-$8,650-$8,650
Office Expenses-$6,773-$6,773
Fees for Services Legal-$6,703-$6,703
Information Technology-$5,042-$5,042
Total Functional Expenses$2,286,836$711,576$0$2,998,412

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,036,514
Total Expenses per Form 990$2,998,412
Expenses per Audited Statements$2,975,748
Expenses Not Reported on Form 990$60,766
Expenses Not Reported on Financial Statements$22,664
Other Expense Adjustments$22,664
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$82,108
Fundraising Direct Expenses$60,523
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Booster Club Ev$21,806$21,806$11,060$10,746
Fac Fundraiser$10,435$10,435$10,394$41
Total Events$68,102$68,102$49,356$18,746
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$13,525
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
Phone
4784710285
Signed
2017-02-09
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) 60,765 rounding 1 direct costs (part viii, line 8b) (in fin stmt exp) -60,765 rounding differences -1 book / tax depreciation difference 22,664 total 22,664”

Financial Statement Notes

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

“Direct costs (part viii, line 8b) (in fin stmt exp) 60,765 rounding 1”

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

“Direct costs (part viii, line 8b) (in fin stmt exp) 60,765 rounding differences 1”

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

“Book / tax depreciation difference 22,664”

Raw XML AppendixShowing 400 of 427 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/TotalRevenueColumnAmt247677
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3-1176185
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0606662
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0365
IRS990/PYOtherExpensesAmt01270920
IRS990/PYOtherRevenueAmt072477
IRS990/PYProgramServiceRevenueAmt02778209
IRS990/PYRevenuesLessExpensesAmt0129425
IRS990/PYSalariesCompEmpBnftPaidAmt02057368
IRS990/PYTotalExpensesAmt03328288
IRS990/PYTotalRevenueAmt03457713
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-74173
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt02702206
IRS990/SavingsAndTempCashInvstGrp/BOYAmt060314
IRS990/SavingsAndTempCashInvstGrp/EOYAmt023054
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/BookValueAmt03779253
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02091154
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05870407
IRS990ScheduleD/EquipmentGrp/BookValueAmt0116134
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0189620
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0305754
IRS990ScheduleD/ExpensesNotReportedAmt060766
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt022664
IRS990ScheduleD/ExpensesSubtotalAmt02975748
IRS990ScheduleD/LandGrp/BookValueAmt0534390
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0534390
IRS990ScheduleD/OtherExpensesIncludedAmt060766
IRS990ScheduleD/OtherExpensesNotIncludedAmt022664
IRS990ScheduleD/OtherRevenueAmt060766
IRS990ScheduleD/RevenueNotReportedAmt060766
IRS990ScheduleD/RevenueSubtotalAmt02924239
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0DIRECT COSTS (PART VIII, LINE 8B) (IN FIN STMT EXP) 60,765 ROUNDING 1
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1DIRECT COSTS (PART VIII, LINE 8B) (IN FIN STMT EXP) 60,765 ROUNDING DIFFERENCES 1
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2BOOK / TAX DEPRECIATION DIFFERENCE 22,664
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/TotalBookValueLandBuildingsAmt04429777
IRS990ScheduleD/TotalExpensesPerForm990Amt02998412
IRS990ScheduleD/TotalRevenuePerForm990Amt02924239
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02985005
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03036514
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/DirectExpenseSummaryEventsAmt049356
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0BOOSTER CLUB EV
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0FAC FUNDRAISER
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt021806
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt010435
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt035861
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt068102
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt021806
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt010435
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt035861
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt068102
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt018746
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt027902
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt049356
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt011060
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt010394
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt04
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0SUZANNE HARTZOG
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0DIREC. DAUGHTER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt013525
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) 60,765 ROUNDING 1 DIRECT COSTS (PART VIII, LINE 8B) (IN FIN STMT EXP) -60,765 ROUNDING DIFFERENCES -1 BOOK / TAX DEPRECIATION DIFFERENCE 22,664 TOTAL 22,664
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/LegalDomicileStateCd0GA
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0REAL ESTAT
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt04562AYERS ROAD
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0MACON
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0GA
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd0312104511
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0GA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt022352
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt062515
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt05073313
IRS990/TotalAssetsEOYAmt04956236
IRS990/TotalAssetsGrp/BOYAmt05073313
IRS990/TotalAssetsGrp/EOYAmt04956236
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0198533
IRS990/TotalEmployeeCnt0100
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0711576
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02286836
IRS990/TotalFunctionalExpensesGrp/TotalAmt02998412
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt06226208
IRS990/TotalLiabilitiesEOYAmt06160640
IRS990/TotalLiabilitiesGrp/BOYAmt06226208
IRS990/TotalLiabilitiesGrp/EOYAmt06160640
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-1152895
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-1204404
IRS990/TotalProgramServiceExpensesAmt02286836
IRS990/TotalProgramServiceRevenueAmt02702206
IRS990/TotalRevenueGrp/ExclusionAmt01415
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02702706
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02924239
IRS990/TotalVolunteersCnt041
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05073313
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04956236
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-1175247
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-1266919
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.COVENANTACADMEY.NET
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,956,236
Liabilities
$6,160,640
Net assets
-$1,204,404
Revenue
$2,924,239
Expenses
$2,998,412
Net income
-$74,173
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