Civic Intelligence

The Covenant Preparatory School

990 • Fiscal year 2022 • EIN 76-0367761

Aug 01, 2021 to Jul 31, 2022 • Filed on Jun 09, 2023

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

85th percentile

0.64x

Higher debt load relative to assets than 85% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

86th percentile

1.22x

Higher debt load relative to revenue than 86% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Net Margin

37th percentile

1.4%

Higher net margin than 37% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Top Officer Pay

55th percentile

$135,157

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 3.6% of source-year revenue.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Asset Growth

69th percentile

10.0%

Faster asset growth than 69% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

8th percentile

-46%

Faster revenue growth than 8% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets85th percentile

Assets

Up

$7,214,164

Up $655,614 (+10.0%) from 2021

Net Assets

Up

$2,608,179

Up $53,064 (+2.1%) from 2021

Liabilities

Up

$4,605,985

Up $602,550 (+15%) from 2021

Revenue And Expenses
Liabilities / Revenue86th percentileNet Margin37th percentile

Revenue

Down

$3,770,965

Down $3,239,432 (-46%) from 2021

Expenses

Down

$3,717,901

Down $1,344,286 (-27%) from 2021

Net Income

Down

$53,064

Down $1,895,146 (-97%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth69th 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

2022

Assets$7,214,164
Liabilities$4,605,985
Net Assets$2,608,179
Open 2022 Filing

Operations Trend

Revenue Growth8th 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

2022

Revenue$3,770,965
Expenses$3,717,901
Net Income$53,064
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Aug 1, 2021 to Jul 31, 2022
Signed
Jun 9, 2023
Return Version
2021v4.0
Gross Receipts
$3,986,205
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$4,120,498$4,447,932▲ $327,434
Cash and Non-Interest-Bearing Accounts$2,298,214$1,919,554▼ $378,660
Accounts Receivable$91,954$821,563▲ $729,609
Intangible Assets$24,513$22,627▼ $1,886
Pledges and Grants Receivable$21,633--
Savings and Temporary Cash Investments$1,738$2,488▲ $750
Total Assets$6,558,550$7,214,164▲ $655,614
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,025,418$2,883,470▼ $141,948
Deferred Revenue$944,589$1,680,091▲ $735,502
Accounts Payable and Accrued Expenses$33,428$42,424▲ $8,996
Total Liabilities$4,003,435$4,605,985▲ $602,550
Net Assets / Fund Balance
Net Assets With Donor Restrictions$2,755,860$2,755,860→ $0
Net Assets Without Donor Restrictions$-200,745$-147,681▲ $53,064
Total Net Assets Fund Balance$2,555,115$2,608,179▲ $53,064
Total Liabilities and Net Assets / Fund Balance$6,558,550$7,214,164▲ $655,614

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$3,013,932$1,379,357$4,393,289
Land$1,434,000-$1,434,000
Compensation and Service Providers
Top Officer Pay55th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Lorraine HillHead of SchoFT$135,157$135,157

Board Members and Trustees

NameTitle
Kyle LipstreuChair
Allison TrousdaleBoard Member
Christopher PittsBoard Member
Jeff RogersSecretary
Robert D WhiteTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$164,875
Program Service Revenue
$3,589,409
Investment Income
$0
Other Revenue
$16,681
All Other Contributions
$85,638
Change in Net Assets
$53,064
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,346,815
Other Expenses$1,371,086
Total Fundraising Expense$100,689
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,198,390$141,517$6,908$2,346,815
Occupancy-$171,008-$171,008
Depreciation Depletion$122,047--$122,047
Other Expenses$723,664$135,228$93,781$93,781
Insurance-$76,485-$76,485
Information Technology-$47,939-$47,939
Interest-$934-$934
Total Functional Expenses$3,044,101$573,111$100,689$3,717,901
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$53,121
Fundraising Direct Expenses$29,847
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$132,358$53,121$29,847$23,274
Total Events$132,358$53,121$29,847$23,274
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
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

“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
Robert D White
Title
Treasurer
Phone
2813591090
Signed
2023-06-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lorraine Hill
Formed
1993
Legal Domicile
TX
Voting Board Members
5
Independent Board Members
5
Employees
77
Volunteers
35

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 Appendix371 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/BOYAmt033428
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt042424
IRS990/AccountsReceivableGrp/BOYAmt091954
IRS990/AccountsReceivableGrp/EOYAmt0821563
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/AllOtherContributionsAmt085638
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0ROBERT WHITE
IRS990/BooksInCareOfDetail/PhoneNum02813591090
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01711 HAMBLEN ROAD
IRS990/BooksInCareOfDetail/USAddress/CityNm0KINGWOOD
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd077339
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt02298214
IRS990/CashNonInterestBearingGrp/EOYAmt01919554
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContriRptFundraisingEventAmt079237
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0164875
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt01371086
IRS990/CYOtherRevenueAmt016681
IRS990/CYProgramServiceRevenueAmt03589409
IRS990/CYRevenuesLessExpensesAmt053064
IRS990/CYSalariesCompEmpBnftPaidAmt02346815
IRS990/CYTotalExpensesAmt03717901
IRS990/CYTotalFundraisingExpenseAmt0100689
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt03770965
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt0944589
IRS990/DeferredRevenueGrp/EOYAmt01680091
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0122047
IRS990/DepreciationDepletionGrp/TotalAmt0122047
IRS990/Desc0CHRISTIAN EDUCATION AND CHARACTER DEVELOPMENT.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt02755860
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt02755860
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt077
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt03012696
IRS990/FamilyOrBusinessRlnInd0false
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
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/PersonNm0LORRAINE HILL
IRS990/Form990PartVIISectionAGrp/PersonNm1KYLE LIPSTREU
IRS990/Form990PartVIISectionAGrp/PersonNm2CHRISTOPHER PITTS
IRS990/Form990PartVIISectionAGrp/PersonNm3JEFF ROGERS
IRS990/Form990PartVIISectionAGrp/PersonNm4ALLISON TROUSDALE
IRS990/Form990PartVIISectionAGrp/PersonNm5ROBERT D WHITE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0135157
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0HEAD OF SCHO
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURER
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01993
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingAmt079237
IRS990/FundraisingDirectExpensesAmt029847
IRS990/FundraisingGrossIncomeAmt053121
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt03986205
IRS990/GrossRentsGrp/RealAmt0178800
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt047939
IRS990/InformationTechnologyGrp/TotalAmt047939
IRS990/InsuranceGrp/ManagementAndGeneralAmt076485
IRS990/InsuranceGrp/TotalAmt076485
IRS990/IntangibleAssetsGrp/BOYAmt024513
IRS990/IntangibleAssetsGrp/EOYAmt022627
IRS990/InterestGrp/ManagementAndGeneralAmt0934
IRS990/InterestGrp/TotalAmt0934
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt018
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01379357
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04120498
IRS990/LandBldgEquipBasisNetGrp/EOYAmt04447932
IRS990/LandBldgEquipCostOrOtherBssAmt05827289
IRS990/LegalDomicileStateCd0TX
IRS990/LessRentalExpensesGrp/RealAmt0185393
IRS990/LoanOutstandingInd0false
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/BOYAmt03025418
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02883470
IRS990/NetAssetsOrFundBalancesBOYAmt02555115
IRS990/NetAssetsOrFundBalancesEOYAmt02608179
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt023274
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0-6593
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0-6593
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-200745
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-147681
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0true
IRS990/NondeductibleContriDisclInd0true
IRS990/OccupancyGrp/ManagementAndGeneralAmt0171008
IRS990/OccupancyGrp/TotalAmt0171008
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0OTHER PROGRAM EXPENSES
IRS990/OtherExpensesGrp/Desc1OTHER GEN & ADMIN EXPENSE
IRS990/OtherExpensesGrp/Desc2PUBLIC RELATIONS DEVELOP
IRS990/OtherExpensesGrp/FundraisingAmt093781
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0135228
IRS990/OtherExpensesGrp/ProgramServicesAmt0723664
IRS990/OtherExpensesGrp/TotalAmt0723664
IRS990/OtherExpensesGrp/TotalAmt1135228
IRS990/OtherExpensesGrp/TotalAmt293781
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt06908
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0141517
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02198390
IRS990/OtherSalariesAndWagesGrp/TotalAmt02346815
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt021633
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0LORRAINE HILL
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND PROGRAMS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03589409
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03589409
IRS990/ProgSrvcAccomActyOtherGrp/Desc0CHRISTIAN EDUCATION AND CHARACTER DEVELOPMENT.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt031405
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0795691
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt02028777
IRS990/PYOtherExpensesAmt02434770
IRS990/PYOtherRevenueAmt0-12343
IRS990/PYProgramServiceRevenueAmt04198272
IRS990/PYRevenuesLessExpensesAmt01948210
IRS990/PYSalariesCompEmpBnftPaidAmt02627417
IRS990/PYTotalExpensesAmt05062187
IRS990/PYTotalRevenueAmt07010397
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt053064
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0-6593
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt03589409
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01738
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02488
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/BookValueAmt01434000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01434000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt03013932
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01379357
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt04393289
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04447932
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/CharitableContributionsTotAmt079237
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt079237
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt029847
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GALA
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0132358
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0132358
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt053121
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt053121
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt023274
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt029847
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt029847
IRS990/ScheduleJRequiredInd0false
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/ExplanationTxt2FORM 990 IS PRESENTED TO AND APPROVED BY THE BOARD OF DIRECTORS PRIOR TO FILING WITH IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3KEY EMPLOYEES, OFFICERS, AND DIRECTORS ARE REMINDED BY THE BOARD OF DIRECTORS PERIODICALLY OF THE REQUIREMENTS TO DISCLOSE POTENTIAL CONFLICTS OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMPENSATION AMOUNTS ARE DETERMINED BY THE BOARD OF DIRECTORS AFTER REVIEWING INDEPENDENT SURVEY AMOUNTS AND CONSIDERING THE FINANCIAL POSITION OF THE SCHOOL.
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/ExplanationTxt6ALL 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 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt06558550
IRS990/TotalAssetsEOYAmt07214164
IRS990/TotalAssetsGrp/BOYAmt06558550
IRS990/TotalAssetsGrp/EOYAmt07214164
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0164875
IRS990/TotalEmployeeCnt077
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0100689
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0573111
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03044101
IRS990/TotalFunctionalExpensesGrp/TotalAmt03717901
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt04003435
IRS990/TotalLiabilitiesEOYAmt04605985
IRS990/TotalLiabilitiesGrp/BOYAmt04003435
IRS990/TotalLiabilitiesGrp/EOYAmt04605985
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02555115
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02608179
IRS990/TotalOtherProgSrvcExpenseAmt031405
IRS990/TotalProgramServiceExpensesAmt03044101
IRS990/TotalProgramServiceRevenueAmt03589409
IRS990/TotalReportableCompFromOrgAmt0135157
IRS990/TotalRevenueGrp/ExclusionAmt0-6593
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03589409
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03770965
IRS990/TotalVolunteersCnt035
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt06558550
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt07214164
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.COVENANTKNIGHTS.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ROBERT D WHITE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02813591090
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-06-09
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/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/PreparationDt02023-06-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GREGORY O BRATCHER
ReturnHeader/ReturnTs02023-06-13T15:28:55-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ROBERT D
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0WHITE
ReturnHeader/TaxPeriodBeginDt02021-08-01
ReturnHeader/TaxPeriodEndDt02022-07-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$7,214,164
Liabilities
$4,605,985
Net assets
$2,608,179
Revenue
$3,770,965
Expenses
$3,717,901
Net income
$53,064
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
2022Detailed filing. Detailed filing data is available for this year.$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
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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