Civic Intelligence

Covenant Christian Academy

990 • Fiscal year 2018 • EIN 58-1795475

Jul 01, 2017 to Jun 30, 2018 • Filed on Mar 05, 2019

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

1.28x

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

91st percentile

2.19x

Higher debt load relative to revenue than 91% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

38th percentile

-0.4%

Higher net margin than 38% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

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.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

40th percentile

-1.3%

Faster asset growth than 40% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

46th percentile

2.1%

Faster revenue growth than 46% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets95th percentile

Assets

Down

$4,745,985

Down $61,364 (-1.3%) from 2017

Net Assets

Up

-$1,340,812

Up $10,703 (+0.8%) from 2017

Liabilities

Down

$6,086,797

Down $72,067 (-1.2%) from 2017

Revenue And Expenses
Liabilities / Revenue91st percentileNet Margin38th percentile

Revenue

Up

$2,783,130

Up $57,014 (+2.1%) from 2017

Expenses

Down

$2,794,271

Down $99,308 (-3.4%) from 2017

Net Income

Up

-$11,141

Up $156,322 (+93%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth40th 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

2018

Assets$4,745,985
Liabilities$6,086,797
Net Assets-$1,340,812
Open 2018 Filing

Operations Trend

Revenue Growth46th 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

2018

Revenue$2,783,130
Expenses$2,794,271
Net Income-$11,141
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Mar 5, 2019
Return Version
2017v2.3
Gross Receipts
$2,830,962
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$4,295,525$4,124,721▼ $170,804
Cash and Non-Interest-Bearing Accounts$316,508$471,658▲ $155,150
Savings and Temporary Cash Investments$77,492$77,742▲ $250
Accounts Receivable$109,075$62,562▼ $46,513
Prepaid Expenses and Deferred Charges$6,554$5,726▼ $828
Total Assets$4,807,349$4,745,985▼ $61,364
Other Assets Total$2,195$3,576▲ $1,381
Liabilities
Mortgage Notes Payable Secured by Investment Property$5,532,903$5,487,134▼ $45,769
Deferred Revenue$476,663$460,141▼ $16,522
Accounts Payable and Accrued Expenses$149,298$139,522▼ $9,776
Total Liabilities$6,158,864$6,086,797▼ $72,067
Net Assets / Fund Balance
Temporarily Rstr Net Assets$65,202$106,002▲ $40,800
Unrestricted Net Assets$-1,416,717$-1,446,814▼ $30,097
Total Net Assets Fund Balance$-1,351,515$-1,340,812▲ $10,703
Total Liabilities and Net Assets / Fund Balance$4,807,349$4,745,985▼ $61,364

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,475,975$2,428,839$5,904,814
Land$534,390-$534,390
Equipment$114,356$191,420$305,776
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
$166,833
Program Service Revenue
$2,596,395
Investment Income
$112
Other Revenue
$19,790
All Other Contributions
$166,833
Change in Net Assets
$-11,141

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,783,130
Revenue Not Reported on Form 990
$47,831
Total Revenue per Audited Statements
$2,830,961
Total Revenue per Form 990
$2,783,130
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,704,695
Other Expenses$1,089,576
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,278,741$326,190-$1,604,931
Occupancy$229,104$12,058-$241,162
Depreciation Depletion$192,552$10,135-$202,687
Interest$172,654$9,087-$181,741
All Other Expenses$136,464$29,863-$166,327
Payroll Taxes$81,865$17,899-$99,764
Insurance-$31,402-$31,402
Other Expenses$30,699$4,512-$30,699
Advertising-$15,096-$15,096
Information Technology-$9,938-$9,938
Office Expenses-$7,860-$7,860
Fees for Services Accounting-$7,615-$7,615
Fees for Services Legal-$3,259-$3,259
Total Functional Expenses$2,309,357$484,914$0$2,794,271

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,820,258
Total Expenses per Form 990$2,794,271
Expenses per Audited Statements$2,772,427
Expenses Not Reported on Form 990$47,831
Expenses Not Reported on Financial Statements$21,844
Other Expense Adjustments$21,844
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$67,622
Fundraising Direct Expenses$47,832
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Booster Club Ev$18,720$18,720$7,322$11,398
Spring Formal F$8,621$8,621$6,243$2,378
Total Events$55,485$55,485$42,667$12,818
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, 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
2019-03-05
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
92
Volunteers
45

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) 47,832 rounding -1 direct costs (part viii, line 8b) (in fin stmt exp) -47,832 rounding differences 1 book / tax depreciation difference 21,844 total 21,844”

Financial Statement Notes

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

“Direct costs (part viii, line 8b) (in fin stmt exp) 47,832 rounding -1”

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

“Direct costs (part viii, line 8b) (in fin stmt exp) 47,832 rounding differences -1”

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

“Book / tax depreciation difference 21,844”

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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/PYOtherRevenueAmt06980
IRS990/PYProgramServiceRevenueAmt02618901
IRS990/PYRevenuesLessExpensesAmt0-167463
IRS990/PYSalariesCompEmpBnftPaidAmt01793393
IRS990/PYTotalExpensesAmt02893579
IRS990/PYTotalRevenueAmt02726116
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-11141
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt02596395
IRS990/SavingsAndTempCashInvstGrp/BOYAmt077492
IRS990/SavingsAndTempCashInvstGrp/EOYAmt077742
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt03475975
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02428839
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05904814
IRS990ScheduleD/EquipmentGrp/BookValueAmt0114356
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0191420
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0305776
IRS990ScheduleD/ExpensesNotReportedAmt047831
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt021844
IRS990ScheduleD/ExpensesSubtotalAmt02772427
IRS990ScheduleD/LandGrp/BookValueAmt0534390
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0534390
IRS990ScheduleD/OtherExpensesIncludedAmt047831
IRS990ScheduleD/OtherExpensesNotIncludedAmt021844
IRS990ScheduleD/OtherRevenueAmt047831
IRS990ScheduleD/RevenueNotReportedAmt047831
IRS990ScheduleD/RevenueSubtotalAmt02783130
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0DIRECT COSTS (PART VIII, LINE 8B) (IN FIN STMT EXP) 47,832 ROUNDING -1
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1DIRECT COSTS (PART VIII, LINE 8B) (IN FIN STMT EXP) 47,832 ROUNDING DIFFERENCES -1
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2BOOK / TAX DEPRECIATION DIFFERENCE 21,844
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/TotalBookValueLandBuildingsAmt04124721
IRS990ScheduleD/TotalExpensesPerForm990Amt02794271
IRS990ScheduleD/TotalRevenuePerForm990Amt02783130
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02830961
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02820258
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/DirectExpenseSummaryEventsAmt042667
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0BOOSTER CLUB EV
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0SPRING FORMAL F
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt018720
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt08621
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt028144
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt055485
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt018720
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt08621
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt028144
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt055485
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt012818
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt029102
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt042667
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt07322
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt06243
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt04
IRS990/ScheduleJRequiredInd0false
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) 47,832 ROUNDING -1 DIRECT COSTS (PART VIII, LINE 8B) (IN FIN STMT EXP) -47,832 ROUNDING DIFFERENCES 1 BOOK / TAX DEPRECIATION DIFFERENCE 21,844 TOTAL 21,844
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/BusinessNameLine1Txt0COVENANT
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine2Txt0ACADEMY INC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0MACON DIVISION PROPERTIES LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt0204619
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/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt065202
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0106002
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt04807349
IRS990/TotalAssetsEOYAmt04745985
IRS990/TotalAssetsGrp/BOYAmt04807349
IRS990/TotalAssetsGrp/EOYAmt04745985
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0166833
IRS990/TotalEmployeeCnt092
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0484914
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02309357
IRS990/TotalFunctionalExpensesGrp/TotalAmt02794271
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt06158864
IRS990/TotalLiabilitiesEOYAmt06086797
IRS990/TotalLiabilitiesGrp/BOYAmt06158864
IRS990/TotalLiabilitiesGrp/EOYAmt06086797
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-1351515
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-1340812
IRS990/TotalProgramServiceExpensesAmt02309357
IRS990/TotalProgramServiceRevenueAmt02596395
IRS990/TotalRevenueGrp/ExclusionAmt0112
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02596395
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02783130
IRS990/TotalVolunteersCnt045
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04807349
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04745985
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-1416717
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-1446814
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.COVENANTACADMEY.NET
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RICHARD BROWN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum04784710285
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-03-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0COVENANT ACADEMY INC
ReturnHeader/Filer/BusinessNameControlTxt0COVE
ReturnHeader/Filer/EIN0581795475
ReturnHeader/Filer/PhoneNum04784710285
ReturnHeader/Filer/USAddress/AddressLine1Txt04652 AYERS RD
ReturnHeader/Filer/USAddress/CityNm0MACON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0GA
ReturnHeader/Filer/USAddress/ZIPCd0312104511
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId03942E5A8CAB50ECA424DA98284A3DC5DB6ADA2D8
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId03942E5A8CAB50ECA424DA98284A3DC5DB6ADA2D8
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt068.101.50.202

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
$4,745,985
Liabilities
$6,086,797
Net assets
-$1,340,812
Revenue
$2,783,130
Expenses
$2,794,271
Net income
-$11,141
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
2018Detailed filing. Detailed filing data is available for this year.$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