Civic Intelligence

The Covenant Preparatory School

990 • Fiscal year 2019 • EIN 76-0367761

Aug 01, 2018 to Jul 31, 2019 • Filed on Jun 09, 2020

Organization ProfileWWW.COVENANTKNIGHTS.ORG

View Organization Page

1711 Hamblen RoadKingwood, TX 77339-4024

(281) 359-1090

Siviq Scores

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

Liabilities / Assets

89th percentile

0.89x

Higher debt load relative to assets than 89% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

84th percentile

1.25x

Higher debt load relative to revenue than 84% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Net Margin

29th percentile

-3.1%

Higher net margin than 29% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

56th percentile

$135,000

Higher top officer pay than 56% of similar nonprofits.

Top officer pay equals 2.8% of source-year revenue.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Asset Growth

53rd percentile

4.1%

Faster asset growth than 53% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

16th percentile

-16%

Faster revenue growth than 16% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets89th percentile

Assets

Up

$6,687,127

Up $260,348 (+4.1%) from 2018

Net Assets

Down

$739,995

Down $144,905 (-16%) from 2018

Liabilities

Up

$5,947,132

Up $405,253 (+7.3%) from 2018

Revenue And Expenses
Liabilities / Revenue84th percentileNet Margin29th percentile

Revenue

Down

$4,747,088

Down $909,676 (-16%) from 2018

Expenses

Down

$4,891,993

Down $524,142 (-9.7%) from 2018

Net Income

Down

-$144,905

Down $385,534 (-160%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth53rd percentile

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MAssets 2011: $671,642Liabilities 2011: $1,012,929Net Assets 2011: -$341,2872011Assets 2012: $647,860Liabilities 2012: $1,041,459Net Assets 2012: -$393,5992012Assets 2013: $671,774Liabilities 2013: $1,139,326Net Assets 2013: -$467,5522013Assets 2014: $771,932Liabilities 2014: $1,153,375Net Assets 2014: -$381,4432014Assets 2015: $5,996,991Liabilities 2015: $5,405,620Net Assets 2015: $591,3712015Assets 2016: $5,832,245Liabilities 2016: $5,401,850Net Assets 2016: $430,3952016Assets 2017: $5,669,637Liabilities 2017: $5,025,366Net Assets 2017: $644,2712017Assets 2018: $6,426,779Liabilities 2018: $5,541,879Net Assets 2018: $884,9002018Assets 2019: $6,687,127Liabilities 2019: $5,947,132Net Assets 2019: $739,9952019Assets 2020: $6,887,945Liabilities 2020: $6,281,040Net Assets 2020: $606,9052020Assets 2021: $6,558,550Liabilities 2021: $4,003,435Net Assets 2021: $2,555,1152021Assets 2022: $7,214,164Liabilities 2022: $4,605,985Net Assets 2022: $2,608,1792022Assets 2023: $6,531,790Liabilities 2023: $1,133,620Net Assets 2023: $5,398,1702023Assets 2024: $7,271,437Liabilities 2024: $1,380,267Net Assets 2024: $5,891,1702024

Highlighted filing

2019

Assets$6,687,127
Liabilities$5,947,132
Net Assets$739,995
Open 2019 Filing

Operations Trend

Revenue Growth16th percentile

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $2,372,393Expenses 2011: $2,502,275Net Income 2011: -$129,8822011Expenses 2012: $2,963,6622012Expenses 2013: $3,388,5292013Revenue 2014: $3,692,227Expenses 2014: $3,606,118Net Income 2014: $86,1092014Revenue 2015: $4,953,149Expenses 2015: $3,980,335Net Income 2015: $972,8142015Revenue 2016: $4,479,570Expenses 2016: $4,640,546Net Income 2016: -$160,9762016Revenue 2017: $5,506,133Expenses 2017: $5,292,257Net Income 2017: $213,8762017Revenue 2018: $5,656,764Expenses 2018: $5,416,135Net Income 2018: $240,6292018Revenue 2019: $4,747,088Expenses 2019: $4,891,993Net Income 2019: -$144,9052019Revenue 2020: $4,728,800Expenses 2020: $4,861,890Net Income 2020: -$133,0902020Revenue 2021: $7,010,397Expenses 2021: $5,062,187Net Income 2021: $1,948,2102021Revenue 2022: $3,770,965Expenses 2022: $3,717,901Net Income 2022: $53,0642022Revenue 2023: $6,463,723Expenses 2023: $3,673,732Net Income 2023: $2,789,9912023Revenue 2024: $3,989,660Expenses 2024: $3,496,660Net Income 2024: $493,0002024

Highlighted filing

2019

Revenue$4,747,088
Expenses$4,891,993
Net Income-$144,905
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Aug 1, 2018 to Jul 31, 2019
Signed
Jun 9, 2020
Return Version
2018v3.2
Gross Receipts
$4,776,215
Mission and Program Overview

Mission

The covenant preparatory school assists parents in developing individuals of strong intellect, spirit, body, and heart by providing a college preparatory education to pre-kindergarten through twelfth grade students grounded in christian values and biblical principles.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,225,615$5,298,099▲ $72,484
Pledges and Grants Receivable$208,051$272,986▲ $64,935
Cash and Non-Interest-Bearing Accounts$285,751$264,849▼ $20,902
Accounts Receivable$75,649$156,954▲ $81,305
Savings and Temporary Cash Investments$4,642$104,440▲ $99,798
Loans From Officers Directors-$75,000-
Intangible Assets-$27,813-
Total Assets$6,426,779$6,687,127▲ $260,348
Other Assets Total$627,071$561,986▼ $65,085
Liabilities
Mortgage Notes Payable Secured by Investment Property$4,170,742$4,533,188▲ $362,446
Deferred Revenue$1,278,130$1,325,186▲ $47,056
Accounts Payable and Accrued Expenses$93,007$13,758▼ $79,249
Total Liabilities$5,541,879$5,947,132▲ $405,253
Net Assets / Fund Balance
Temporarily Rstr Net Assets$1,687,877$1,701,308▲ $13,431
Unrestricted Net Assets$-802,977$-961,313▼ $158,336
Total Net Assets Fund Balance$884,900$739,995▼ $144,905
Total Liabilities and Net Assets / Fund Balance$6,426,779$6,687,127▲ $260,348

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$2,714,099$1,012,953$3,727,052
Land$2,584,000-$2,584,000
Other Assets Org$561,986--
Compensation and Service Providers
Top Officer Pay56th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Lorraine HillHead of SchoFT$135,000$135,000

Board Members and Trustees

NameTitle
Derrick CarsonChairman - D
Shaun DeanVice-chairma
Angela RundleBoard Member
Jeff RogersBoard Member
Kyle LipstreuBoard Member
Robert WhiteFinance
Alejandro SagebienSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$267,928
Program Service Revenue
$4,507,558
Investment Income
$729
Other Revenue
$-29,127
All Other Contributions
$158,098
Change in Net Assets
$-144,905
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,260,789
Other Expenses$1,631,204
Total Fundraising Expense$23,131
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,054,560$196,631$9,598$3,260,789
Occupancy-$275,856-$275,856
Interest-$236,684-$236,684
Depreciation Depletion$100,318--$100,318
Insurance-$58,717-$58,717
Information Technology-$21,939-$21,939
Other Expenses$843,293$80,864$13,533$13,533
Total Functional Expenses$3,998,171$870,691$23,131$4,891,993
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$29,127
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$109,830-$29,127-
Total Events$109,830-$29,127$-29,127
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees-$75,000-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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 2

“Lorraine hill shawn hill head of scho director spouses”

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

“Form 990 is presented to and approved by the board of directors prior to filing with irs.”

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

“Key employees, officers, and directors are reminded by the board of directors periodically of the requirements to disclose potential conflicts of interest.”

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

“Compensation amounts are determined by the board of directors after reviewing independent survey amounts and considering the financial position of the school.”

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

“Compensation amounts are determined by the board of directors after reviewing independent survey amounts and considering the financial position of the school.”

Form 990, Page 6, Part VI, Line 19

“All documents and financial statements are available to the public by request and in condensed form at school parent meetings.”

Filing and Contact Details

Filer

Filer Name
The Covenant Preparatory School
EIN
76-0367761
Phone
2813591090
Address
1711 HAMBLEN ROAD, KINGWOOD, TX 77339-4024

Signing Officer

Name
Shaun Dean
Title
Vice-chairman/ Treas
Phone
2813591090
Signed
2020-06-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lorraine Hill
Formed
1993
Legal Domicile
TX
Voting Board Members
7
Independent Board Members
7
Employees
69
Volunteers
32

Preparer

Firm
Bentley Bratcher & Associates Pc
Address
515 W GREENS RD STE 710, HOUSTON, TX 77067
Preparer
Gregory O Bratcher
Phone
2818758181
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The covenant preparatory school assists parents in developing individuals of strong intellect, spirit, body, and heart by providing a college preparatory education to pre-kindergarten through twelfth grade students grounded in christian values and biblical principles.”

Form 990, Page 2, Part III, Line 4D

“Christian education and character development.”

Raw XML AppendixShowing 400 of 402 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/BOYAmt093007
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt013758
IRS990/AccountsReceivableGrp/BOYAmt075649
IRS990/AccountsReceivableGrp/EOYAmt0156954
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE COVENANT PREPARATORY SCHOOL ASSISTS PARENTS IN DEVELOPING INDIVIDUALS OF STRONG INTELLECT, SPIRIT, BODY, AND HEART BY PROVIDING A COLLEGE PREPARATORY EDUCATION TO PRE-KINDERGARTEN THROUGH TWELFTH GRADE STUDENTS GROUNDED IN CHRISTIAN VALUES AND BIBLICAL PRINCIPLES.
IRS990/AllOtherContributionsAmt0158098
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0SHAUN DEAN
IRS990/BooksInCareOfDetail/PhoneNum02813591090
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01711 HAMBLEN ROAD
IRS990/BooksInCareOfDetail/USAddress/CityNm0KINGWOOD
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd077339
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0285751
IRS990/CashNonInterestBearingGrp/EOYAmt0264849
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContriRptFundraisingEventAmt0109830
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0267928
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0729
IRS990/CYOtherExpensesAmt01631204
IRS990/CYOtherRevenueAmt0-29127
IRS990/CYProgramServiceRevenueAmt04507558
IRS990/CYRevenuesLessExpensesAmt0-144905
IRS990/CYSalariesCompEmpBnftPaidAmt03260789
IRS990/CYTotalExpensesAmt04891993
IRS990/CYTotalFundraisingExpenseAmt023131
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt04747088
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt01278130
IRS990/DeferredRevenueGrp/EOYAmt01325186
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0100318
IRS990/DepreciationDepletionGrp/TotalAmt0100318
IRS990/Desc0CHRISTIAN EDUCATION AND CHARACTER DEVELOPMENT.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt069
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt03998171
IRS990/FamilyOrBusinessRlnInd0true
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt740.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0DERRICK CARSON
IRS990/Form990PartVIISectionAGrp/PersonNm1SHAUN DEAN
IRS990/Form990PartVIISectionAGrp/PersonNm2ALEJANDRO SAGEBIEN
IRS990/Form990PartVIISectionAGrp/PersonNm3ROBERT WHITE
IRS990/Form990PartVIISectionAGrp/PersonNm4KYLE LIPSTREU
IRS990/Form990PartVIISectionAGrp/PersonNm5JEFF ROGERS
IRS990/Form990PartVIISectionAGrp/PersonNm6ANGELA RUNDLE
IRS990/Form990PartVIISectionAGrp/PersonNm7LORRAINE HILL
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt7135000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN - D
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE-CHAIRMA
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3FINANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7HEAD OF SCHO
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01993
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingAmt0109830
IRS990/FundraisingDirectExpensesAmt029127
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt04776215
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt021939
IRS990/InformationTechnologyGrp/TotalAmt021939
IRS990/InsuranceGrp/ManagementAndGeneralAmt058717
IRS990/InsuranceGrp/TotalAmt058717
IRS990/IntangibleAssetsGrp/EOYAmt027813
IRS990/InterestGrp/ManagementAndGeneralAmt0236684
IRS990/InterestGrp/TotalAmt0236684
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0729
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0729
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt023
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01012953
IRS990/LandBldgEquipBasisNetGrp/BOYAmt05225615
IRS990/LandBldgEquipBasisNetGrp/EOYAmt05298099
IRS990/LandBldgEquipCostOrOtherBssAmt06311052
IRS990/LegalDomicileStateCd0TX
IRS990/LoanOutstandingInd0true
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt075000
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE COVENANT PREPARATORY SCHOOL ASSISTS PARENTS IN DEVELOPING INDIVIDUALS OF STRONG INTELLECT, SPIRIT, BODY, AND HEART BY PROVIDING A COLLEGE PREPARATORY EDUCATION TO PRE-KINDERGARTEN THROUGH TWELFTH GRADE STUDENTS GROUNDED IN CHRISTIAN VALUES AND BIBLICAL PRINCIPLES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt04170742
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt04533188
IRS990/NetAssetsOrFundBalancesBOYAmt0884900
IRS990/NetAssetsOrFundBalancesEOYAmt0739995
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-29127
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0true
IRS990/NondeductibleContriDisclInd0true
IRS990/OccupancyGrp/ManagementAndGeneralAmt0275856
IRS990/OccupancyGrp/TotalAmt0275856
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0627071
IRS990/OtherAssetsTotalGrp/EOYAmt0561986
IRS990/OtherExpensesGrp/Desc0OTHER PROGRAM EXPENSES
IRS990/OtherExpensesGrp/Desc1OTHER GEN & ADMIN EXPENSE
IRS990/OtherExpensesGrp/Desc2PUBLIC RELATIONS DEVELOP
IRS990/OtherExpensesGrp/FundraisingAmt013533
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt080864
IRS990/OtherExpensesGrp/ProgramServicesAmt0843293
IRS990/OtherExpensesGrp/TotalAmt0843293
IRS990/OtherExpensesGrp/TotalAmt180864
IRS990/OtherExpensesGrp/TotalAmt213533
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt09598
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0196631
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03054560
IRS990/OtherSalariesAndWagesGrp/TotalAmt03260789
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0208051
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0272986
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0LORRAINE HILL
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND PROGRAMS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04507558
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04507558
IRS990/ProgSrvcAccomActyOtherGrp/Desc0CHRISTIAN EDUCATION AND CHARACTER DEVELOPMENT.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01044097
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0-1187
IRS990/PYOtherExpensesAmt01919620
IRS990/PYProgramServiceRevenueAmt04613854
IRS990/PYRevenuesLessExpensesAmt0240629
IRS990/PYSalariesCompEmpBnftPaidAmt03496515
IRS990/PYTotalExpensesAmt05416135
IRS990/PYTotalRevenueAmt05656764
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-144905
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt04507558
IRS990/SavingsAndTempCashInvstGrp/BOYAmt04642
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0104440
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/LandGrp/BookValueAmt02584000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02584000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0561986
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CONSTRUCTION IN PROCESS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02714099
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01012953
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt03727052
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05298099
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0561986
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 COVENANT PREPARATORY SCHOOL'S PUBLICATIONS ARE MADE AVAILABLE TO THE PUBLIC VIA MAIL AND INTERNET.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0109830
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0109830
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt029127
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GALA
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0109830
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0109830
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-29127
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt029127
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt029127
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt075000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt075000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0ALEX SAGEBIEN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0BOARD MEMBER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/TotalBalanceDueAmt075000
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE COVENANT PREPARATORY SCHOOL ASSISTS PARENTS IN DEVELOPING INDIVIDUALS OF STRONG INTELLECT, SPIRIT, BODY, AND HEART BY PROVIDING A COLLEGE PREPARATORY EDUCATION TO PRE-KINDERGARTEN THROUGH TWELFTH GRADE STUDENTS GROUNDED IN CHRISTIAN VALUES AND BIBLICAL PRINCIPLES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CHRISTIAN EDUCATION AND CHARACTER DEVELOPMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2LORRAINE HILL SHAWN HILL HEAD OF SCHO DIRECTOR SPOUSES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990 IS PRESENTED TO AND APPROVED BY THE BOARD OF DIRECTORS PRIOR TO FILING WITH IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4KEY EMPLOYEES, OFFICERS, AND DIRECTORS ARE REMINDED BY THE BOARD OF DIRECTORS PERIODICALLY OF THE REQUIREMENTS TO DISCLOSE POTENTIAL CONFLICTS OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COMPENSATION AMOUNTS ARE DETERMINED BY THE BOARD OF DIRECTORS AFTER REVIEWING INDEPENDENT SURVEY AMOUNTS AND CONSIDERING THE FINANCIAL POSITION OF THE SCHOOL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6COMPENSATION AMOUNTS ARE DETERMINED BY THE BOARD OF DIRECTORS AFTER REVIEWING INDEPENDENT SURVEY AMOUNTS AND CONSIDERING THE FINANCIAL POSITION OF THE SCHOOL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7ALL DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC BY REQUEST AND IN CONDENSED FORM AT SCHOOL PARENT MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt01687877
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt01701308
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt06426779
IRS990/TotalAssetsEOYAmt06687127
IRS990/TotalAssetsGrp/BOYAmt06426779
IRS990/TotalAssetsGrp/EOYAmt06687127
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0267928
IRS990/TotalEmployeeCnt069
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt023131
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0870691
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03998171
IRS990/TotalFunctionalExpensesGrp/TotalAmt04891993
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt05541879
IRS990/TotalLiabilitiesEOYAmt05947132
IRS990/TotalLiabilitiesGrp/BOYAmt05541879
IRS990/TotalLiabilitiesGrp/EOYAmt05947132
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0884900
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0739995
IRS990/TotalProgramServiceExpensesAmt03998171
IRS990/TotalProgramServiceRevenueAmt04507558
IRS990/TotalReportableCompFromOrgAmt0135000
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt04508287
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt04747088
IRS990/TotalVolunteersCnt032
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt06426779
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt06687127
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-802977
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-961313
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.COVENANTKNIGHTS.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SHAUN DEAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE-CHAIRMAN/ TREAS
ReturnHeader/BusinessOfficerGrp/PhoneNum02813591090
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-06-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE COVENANT PREPARATORY SCHOOL
ReturnHeader/Filer/BusinessNameControlTxt0COVE
ReturnHeader/Filer/EIN0760367761
ReturnHeader/Filer/PhoneNum02813591090
ReturnHeader/Filer/USAddress/AddressLine1Txt01711 HAMBLEN ROAD
ReturnHeader/Filer/USAddress/CityNm0KINGWOOD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd0773394024
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0B8D417189F471524D2881AC528532C37709886AB
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0DF6125A1A8CF5E2CEC476457CFDAC07675ECD466
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt052.37.240.203
ReturnHeader/FilingSecurityInformation/IPDt02020-06-12
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm011:17:51
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0202733640
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BENTLEY BRATCHER & ASSOCIATES PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0515 W GREENS RD STE 710
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HOUSTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd077067
ReturnHeader/PreparerPersonGrp/PhoneNum02818758181
ReturnHeader/PreparerPersonGrp/PreparationDt02020-06-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GREGORY O BRATCHER
ReturnHeader/ReturnTs02020-06-12T11:17:51-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-08-01

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,687,127
Liabilities
$5,947,132
Net assets
$739,995
Revenue
$4,747,088
Expenses
$4,891,993
Net income
-$144,905
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.27$1.38$5.89$3.99$3.50$0.49
2023Summary only. Only limited summary data is available for this year.$6.53$1.13$5.40$6.46$3.67$2.79
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.21$4.61$2.61$3.77$3.72$0.05
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.56$4.00$2.56$7.01$5.06$1.95
2020Summary only. Only limited summary data is available for this year.$6.89$6.28$0.61$4.73$4.86$0.13
2019Detailed filing. Detailed filing data is available for this year.$6.69$5.95$0.74$4.75$4.89$0.14
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.43$5.54$0.88$5.66$5.42$0.24
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.67$5.03$0.64$5.51$5.29$0.21
2016Summary only. Only limited summary data is available for this year.$5.83$5.40$0.43$4.48$4.64$0.16
2015Detailed filing. Detailed filing data is available for this year.$6.00$5.41$0.59$4.95$3.98$0.97
2014Detailed filing. Detailed filing data is available for this year.$0.77$1.15$0.38$3.69$3.61$0.09
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.67$1.14$0.47$3.39
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.65$1.04$0.39$2.96
2011Summary only. Only limited summary data is available for this year.$0.67$1.01$0.34$2.37$2.50$0.13