Morristown Covenant Academy

990EZ • Fiscal year 2018 • EIN 77-0697543

Aug 01, 2017 to Jul 31, 2018

Organization Profile www.mcovenantacademy.net

Morristown, TN

Siviq Scores

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

0.25x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

0.11x

Higher debt load relative to revenue than 83% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

-6.4%

Higher net margin than 28% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

No value available

This filing does not contain officer compensation rows.

Source year 2018

-5.0%

Faster asset growth than 36% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

13%

Faster revenue growth than 66% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet

Liabilities / Assets85th percentile

Assets

Down

$88,434

Down $4,611 (-5.0%) from 2017

Net Assets

No earlier filing loaded for comparison.

Liabilities

Down

$22,215

Down $9,082 (-29%) from 2017

Revenue And Expenses

Liabilities / Revenue83rd percentile Net Margin28th percentile

Revenue

$204,900

Up $23,431 (+13%) from 2017

Expenses

$218,038

Up $18,766 (+9.4%) from 2017

Net Income

-$13,138

Up $4,665 (+26%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth36th percentile

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

Highlighted filing

2018

Assets$88,434

Liabilities$22,215

Net Assets-

Open 2018 Filing

Operations Trend

Revenue Growth66th percentile

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

Highlighted filing

2018

Revenue$204,900

Expenses$218,038

Net Income-$13,138

Open 2018 Filing

Filing Detail Status

This 2018 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, 2017 to Jul 31, 2018

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

2018 • Form 990EZSummary only. Only limited summary data is available for this year.

Open filing

Assets: $88,434
Liabilities: $22,215
Net assets: -
Revenue: $204,900
Expenses: $218,038
Net income: -$13,138

	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