Morristown Covenant Academy

990EZ • Fiscal year 2016 • EIN 77-0697543

Aug 01, 2015 to Jul 31, 2016

Organization Profile www.mcovenantacademy.net

Morristown, TN

Siviq Scores

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

0.12x

Higher debt load relative to assets than 79% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

0.07x

Higher debt load relative to revenue than 79% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

-11%

Higher net margin than 22% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

No value available

This filing does not contain officer compensation rows.

Source year 2016

-10%

Faster asset growth than 29% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2016

2.8%

Faster revenue growth than 54% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2016

Balance Sheet

Liabilities / Assets79th percentile

Assets

Down

$73,385

Down $17,349 (-19%) from 2014

Net Assets

No earlier filing loaded for comparison.

Liabilities

Down

$9,015

Down $320 (-3.4%) from 2014

Revenue And Expenses

Liabilities / Revenue79th percentile Net Margin22nd percentile

Revenue

$135,530

Up $7,322 (+5.7%) from 2014

Expenses

$150,710

Up $17,147 (+13%) from 2014

Net Income

Down

-$15,180

Down $9,825 (-183%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth29th percentile

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

Highlighted filing

2016

Assets$73,385

Liabilities$9,015

Net Assets-

Open 2016 Filing

Operations Trend

Revenue Growth54th percentile

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

Highlighted filing

2016

Revenue$135,530

Expenses$150,710

Net Income-$15,180

Open 2016 Filing

Filing Detail Status

This 2016 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.

View Latest Detailed Filing (2024)

Jump To

Filing Snapshot

Filing Period: Aug 1, 2015 to Jul 31, 2016

Mission and Program Overview

Mission

A religious corporation whose purpose is to establish maintain and operate a school to provide academic excellence for students in prek 12th grades

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990EZSummary only. Only limited summary data is available for this year.

Open filing

Assets: $73,385
Liabilities: $9,015
Net assets: -
Revenue: $135,530
Expenses: $150,710
Net income: -$15,180

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$2.03	$0.50	$1.53	$3.43	$3.94	$0.51
2023Detailed filing. Detailed filing data is available for this year.	$1.88	$0.42	$1.46	$3.28	$3.56	$0.29
2021Detailed filing. Detailed filing data is available for this year.	$1.27	$0.23	$1.04	$2.69	$2.95	$0.26
2018Summary only. Only limited summary data is available for this year.	$0.88	$0.22		$2.05	$2.18	$0.13
2017Summary only. Only limited summary data is available for this year.	$0.93	$0.31		$1.81	$1.99	$0.18
2016Summary only. Only limited summary data is available for this year.	$0.73	$0.09		$1.36	$1.51	$0.15
2014Summary only. Only limited summary data is available for this year.	$0.91	$0.09		$1.28	$1.34	$0.05
2013Summary only. Only limited summary data is available for this year.	$1.00	$0.13		$1.36	$1.27	$0.09
2012Summary only. Only limited summary data is available for this year.	$0.90	$0.13		$1.50	$1.50	$0.00