Civic Intelligence

Covenant Preparatory School Inc

EIN 80-0827152 • 501(c)3 • Southern Pines, NC

Profile

To provide christian based classical eduation

649 Pee Dee RoadSouthern Pines, NC 28387

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

73rd percentile

0.03x

Higher debt load relative to assets than 73% of similar nonprofits.

NTEE B99 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

75th percentile

0.02x

Higher debt load relative to revenue than 75% of similar nonprofits.

NTEE B99 • <$500k nonprofits • Source year 2022

Net Margin

18th percentile

-26%

Higher net margin than 18% of similar nonprofits.

NTEE B99 • <$500k nonprofits • Source year 2022

Top Officer Pay

90th percentile

$24,363

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 9.3% of source-year revenue.

NTEE B99 • <$500k nonprofits • Source year 2022

Asset Growth

25th percentile

-28%

Faster asset growth than 25% of similar nonprofits.

NTEE B99 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

29th percentile

-21%

Faster revenue growth than 29% of similar nonprofits.

NTEE B99 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets73rd percentile

Assets

Down

$167,573

Down $65,434 (-28%) from 2021

Liabilities

Up

$5,659

Up $2,016 (+55%) from 2021

Net Assets

Down

$161,914

Down $67,450 (-29%) from 2021

Operations
Liabilities / Revenue75th percentileNet Margin18th percentile

Revenue

Down

$260,577

Down $68,709 (-21%) from 2021

Expenses

Up

$328,027

Up $75,290 (+30%) from 2021

Net Income

Down

-$67,450

Down $143,999 (-188%) from 2021

Trend Graphs

Balance Sheet Trend

Asset Growth25th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0-$100KAssets 2014: $124,895Liabilities 2014: $97,9672014Assets 2015: $125,116Liabilities 2015: $86,5842015Assets 2016: $73,737Liabilities 2016: $3,7452016Assets 2017: $81,859Liabilities 2017: -$5,9732017Assets 2018: $193,315Liabilities 2018: $4,720Net Assets 2018: $188,5952018Assets 2019: $131,600Liabilities 2019: $2,3302019Assets 2020: $155,446Liabilities 2020: $2,631Net Assets 2020: $152,8152020Assets 2021: $233,007Liabilities 2021: $3,643Net Assets 2021: $229,3642021Assets 2022: $167,573Liabilities 2022: $5,659Net Assets 2022: $161,9142022

Highlighted filing

2022

Assets$167,573
Liabilities$5,659
Net Assets$161,914
Open 2022 Filing

Operations Trend

Revenue Growth29th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$300K$200K$100K$0-$100KRevenue 2014: $136,466Expenses 2014: $135,643Net Income 2014: $8232014Revenue 2015: $188,702Expenses 2015: $177,097Net Income 2015: $11,6052015Revenue 2016: $196,820Expenses 2016: $165,359Net Income 2016: $31,4612016Revenue 2017: $138,884Expenses 2017: $121,045Net Income 2017: $17,8392017Revenue 2018: $244,933Expenses 2018: $140,047Net Income 2018: $104,8862018Revenue 2019: $158,187Expenses 2019: $209,511Net Income 2019: -$51,3242019Revenue 2020: $261,048Expenses 2020: $237,502Net Income 2020: $23,5462020Revenue 2021: $329,286Expenses 2021: $252,737Net Income 2021: $76,5492021Revenue 2022: $260,577Expenses 2022: $328,027Net Income 2022: -$67,4502022

Highlighted filing

2022

Revenue$260,577
Expenses$328,027
Net Income-$67,450
Open 2022 Filing

Filings

Most recent year

2022 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$167,573
Liabilities
$5,659
Net assets
$161,914
Revenue
$260,577
Expenses
$328,027
Net income
-$67,450
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.68$0.06$1.62$2.61$3.28$0.67
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.33$0.04$2.29$3.29$2.53$0.77
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.55$0.03$1.53$2.61$2.38$0.24
2019Summary only. Only limited summary data is available for this year.$1.32$0.02$1.58$2.10$0.51
2018Summary only. Only limited summary data is available for this year.$1.93$0.05$1.89$2.45$1.40$1.05
2017Summary only. Only limited summary data is available for this year.$0.82$0.06$1.39$1.21$0.18
2016Summary only. Only limited summary data is available for this year.$0.74$0.04$1.97$1.65$0.31
2015Summary only. Only limited summary data is available for this year.$1.25$0.87$1.89$1.77$0.12
2014Summary only. Only limited summary data is available for this year.$1.25$0.98$1.36$1.36$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 13, 2023
Return Version
2022v5.0
Gross Receipts
$260,577
Mission and Program Overview

Mission

It the mission of Covenant Preparatory School, Inc. to provide a Christian based education to students that will prepare them to succeed in their endeavors of a higher education and in life.

To provide christian based classical eduation

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$104,482$106,693▲ $2,211
Cash and Non-Interest-Bearing Accounts$116,781$50,197▼ $66,584
Land, Buildings, and Equipment, Net$11,744$10,683▼ $1,061
Total Assets$233,007$167,573▼ $65,434
Liabilities
Accounts Payable and Accrued Expenses$3,643$5,659▲ $2,016
Total Liabilities$3,643$5,659▲ $2,016
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$229,364$161,914▼ $67,450
Total Net Assets Fund Balance$229,364$161,914▼ $67,450
Total Liabilities and Net Assets / Fund Balance$233,007$167,573▼ $65,434

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$10,683$5,515$16,198
Land$0--
Compensation and Service Providers
Top Officer Pay90th percentile

Employees

NameTitleBaseTotal
Brittany PortnoryPreschool/admin/board Member$24,363$24,363
Drew ManeyHeadmaster$15,300$15,300

Board Members and Trustees

NameTitle
Ryan ConsieAssistant Treasure/board Member
Bill BivansBoard Member
Dale CrispBoard Member
Glen FisherBoard Member
Luke McdowellBoard Member
William CrispTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$10,828
Program Service Revenue
$243,960
Investment Income
$53
Other Revenue
$5,736
All Other Contributions
$10,828
Change in Net Assets
$-67,450
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$252,289
Other Expenses$75,738
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$193,163$0$0$193,163
Current Officers, Directors, Trustees, and Key Employees$39,663$0$0$39,663
All Other Expenses$19,866$5,799$0$25,665
Payroll Taxes$19,463$0$0$19,463
Other Expenses$19,181$0$0$19,181
Occupancy$0$9,510$0$9,510
Fees for Services Accounting$0$8,552$0$8,552
Office Expenses$0$4,300$0$4,300
Insurance$1,889$0$0$1,889
Depreciation Depletion$1,061$0$0$1,061
Advertising$0$116$0$116
Total Functional Expenses$299,750$28,277$0$328,027
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$5,736
Professional Fundraising Fees$0
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
Audit committee
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Covenant Preparatory School Inc
EIN
80-0827152
Phone
9106925834
Address
649 PEE DEE ROAD, SOUTHERN PINES, NC 28387

Signing Officer

Name
William Crisp
Title
Treasurer
Phone
9106925834
Signed
2023-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William Crisp
Formed
2012
Legal Domicile
Nc
Voting Board Members
8
Independent Board Members
6
Employees
27
Volunteers
8

Preparer

Firm
Busby & Co
Address
170 E Connecticut Ave, Southern Pines, NC 28387
Preparer
J L Busby
Phone
9106921040
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“The board reviews tax return before it is filed.”

Pt VI, Line 15B

“Compensation of all paid staff is reviewed and approved by the board.”

Pt VI, Line 18

“School's website is currently being extensively revised and will include all documents online when completed. Until then the documents are available upon request.”

Pt VI, Line 19

“Same answer as line 18 above.”

Pt VI, Line 15A

“Compensation of all paid staff is reviewed and approved by the board.”

Raw XML AppendixShowing 400 of 412 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/AccountantCompileOrReviewInd0true
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt03643
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt05659
IRS990/AcctCompileOrReviewBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROVIDE CHRISTIAN BASED CLASSICAL EDUATION
IRS990/AdvertisingGrp/FundraisingAmt00
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0116
IRS990/AdvertisingGrp/ProgramServicesAmt00
IRS990/AdvertisingGrp/TotalAmt0116
IRS990/AllOtherContributionsAmt010828
IRS990/AllOtherExpensesGrp/FundraisingAmt00
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt05799
IRS990/AllOtherExpensesGrp/ProgramServicesAmt019866
IRS990/AllOtherExpensesGrp/TotalAmt025665
IRS990/AuditCommitteeInd0false
IRS990/BooksInCareOfDetail/PersonNm0JOHN THOMAS
IRS990/BooksInCareOfDetail/PhoneNum09109494004
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0HWY 22
IRS990/BooksInCareOfDetail/USAddress/CityNm0WHISPERING PINES
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd028327
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0116781
IRS990/CashNonInterestBearingGrp/EOYAmt050197
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt00
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt039663
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt039663
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt010828
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt053
IRS990/CYOtherExpensesAmt075738
IRS990/CYOtherRevenueAmt05736
IRS990/CYProgramServiceRevenueAmt0243960
IRS990/CYRevenuesLessExpensesAmt0-67450
IRS990/CYSalariesCompEmpBnftPaidAmt0252289
IRS990/CYTotalExpensesAmt0328027
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0260577
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/FundraisingAmt00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt01061
IRS990/DepreciationDepletionGrp/TotalAmt01061
IRS990/Desc0PROVIDE INSTRUCTION TO STUDENTS IN CLASSICAL EDUCATION TO INCLUDE COURSES SUCH AS LATIN AND RHETORIC IN CONJUNCTION WITH THE MANDATORY COURSE OF STUDY REQUIRED BY ALL SCHOOL SYSTEMS.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt027
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0298044
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/FundraisingAmt00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt08552
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt00
IRS990/FeesForServicesAccountingGrp/TotalAmt08552
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt53.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt63.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
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/PersonNm0WILLIAM CRISP
IRS990/Form990PartVIISectionAGrp/PersonNm1RYAN CONSIE
IRS990/Form990PartVIISectionAGrp/PersonNm2DALE CRISP
IRS990/Form990PartVIISectionAGrp/PersonNm3LUKE MCDOWELL
IRS990/Form990PartVIISectionAGrp/PersonNm4GLEN FISHER
IRS990/Form990PartVIISectionAGrp/PersonNm5BRITTANY PORTNORY
IRS990/Form990PartVIISectionAGrp/PersonNm6DREW MANEY
IRS990/Form990PartVIISectionAGrp/PersonNm7BILL BIVANS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt524363
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt615300
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
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/TitleTxt0TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt1ASSISTANT TREASURE/BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5PRESCHOOL/ADMIN/BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6HEADMASTER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02012
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingGrossIncomeAmt05736
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0260577
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt00
IRS990/InsuranceGrp/ProgramServicesAmt01889
IRS990/InsuranceGrp/TotalAmt01889
IRS990/InvestmentIncomeGrp/ExclusionAmt053
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt053
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt05515
IRS990/LandBldgEquipBasisNetGrp/BOYAmt011744
IRS990/LandBldgEquipBasisNetGrp/EOYAmt010683
IRS990/LandBldgEquipCostOrOtherBssAmt016198
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROVIDE CHRISTIAN BASED CLASSICAL EDUATION
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0229364
IRS990/NetAssetsOrFundBalancesEOYAmt0161914
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt05736
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt05736
IRS990/NetIncmFromFundraisingEvtGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0229364
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0161914
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt09510
IRS990/OccupancyGrp/ProgramServicesAmt00
IRS990/OccupancyGrp/TotalAmt09510
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04300
IRS990/OfficeExpensesGrp/ProgramServicesAmt00
IRS990/OfficeExpensesGrp/TotalAmt04300
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0DUES & SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc1OUTSIDE CONTRACT
IRS990/OtherExpensesGrp/Desc2SCHOOL SUPPLIES
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ProgramServicesAmt0669
IRS990/OtherExpensesGrp/ProgramServicesAmt14795
IRS990/OtherExpensesGrp/ProgramServicesAmt219181
IRS990/OtherExpensesGrp/TotalAmt0669
IRS990/OtherExpensesGrp/TotalAmt14795
IRS990/OtherExpensesGrp/TotalAmt219181
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0193163
IRS990/OtherSalariesAndWagesGrp/TotalAmt0193163
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt019463
IRS990/PayrollTaxesGrp/TotalAmt019463
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0WILLIAM CRISP
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/Desc0TUITION & REGISTRATION
IRS990/ProgramServiceRevenueGrp/Desc1SCHOLARSHIP
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0242960
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11000
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgSrvcAccomActy2Grp/Desc0COST OF CURRICULUM
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01706
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt071428
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt054
IRS990/PYOtherExpensesAmt047502
IRS990/PYOtherRevenueAmt01851
IRS990/PYProgramServiceRevenueAmt0255953
IRS990/PYRevenuesLessExpensesAmt076549
IRS990/PYSalariesCompEmpBnftPaidAmt0205235
IRS990/PYTotalExpensesAmt0252737
IRS990/PYTotalRevenueAmt0329286
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-67450
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0104482
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0106693
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal509Amt00
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/EquipmentGrp/BookValueAmt010683
IRS990ScheduleD/EquipmentGrp/DepreciationAmt05515
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt016198
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/TotalBookValueLandBuildingsAmt010683
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/ExplanationTxt0COVENANT PREPARATORY SCHOOL, INC. PUBLISHES ITS NONDISCRIMINATORY POLICY ON ITS WEBSITE AND IN BROCHURES AND PAMPHLETS THAT ARE MADE AVAILABLE TO THE COMMUNITY. ALL APPLICANTS ARE MADE AWARE OF THESE POLICIES THROUGH PRINTED AND INTERNET MEDIA, AS WELL AS VERBALLY IN INTERVIEW PROCESS. ALL POLICIES ARE ON THE WEBSITE AND IN BROCHURES PUBLISHED TO SOLICIT STUDENT ATTENDANCE
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Line 3
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD REVIEWS TAX RETURN BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COMPENSATION OF ALL PAID STAFF IS REVIEWED AND APPROVED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SCHOOL'S WEBSITE IS CURRENTLY BEING EXTENSIVELY REVISED AND WILL INCLUDE ALL DOCUMENTS ONLINE WHEN COMPLETED. UNTIL THEN THE DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SAME ANSWER AS LINE 18 ABOVE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMPENSATION OF ALL PAID STAFF IS REVIEWED AND APPROVED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 15a
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0233007
IRS990/TotalAssetsEOYAmt0167573
IRS990/TotalAssetsGrp/BOYAmt0233007
IRS990/TotalAssetsGrp/EOYAmt0167573
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt010828
IRS990/TotalEmployeeCnt027
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt028277
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0299750
IRS990/TotalFunctionalExpensesGrp/TotalAmt0328027
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03643
IRS990/TotalLiabilitiesEOYAmt05659
IRS990/TotalLiabilitiesGrp/BOYAmt03643
IRS990/TotalLiabilitiesGrp/EOYAmt05659
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0229364
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0161914
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0299750
IRS990/TotalProgramServiceRevenueAmt0243960
IRS990/TotalReportableCompFromOrgAmt039663
IRS990/TotalRevenueGrp/ExclusionAmt05789
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0243960
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0260577
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt08
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0233007
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0167573
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0649 PEE DEE ROAD
IRS990/USAddress/CityNm0SOUTHERN PINES
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd028387
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0WILLIAM CRISP
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum09106925834
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0COVENANT PREPARATORY SCHOOL INC
ReturnHeader/Filer/BusinessNameControlTxt0COVE
ReturnHeader/Filer/EIN0800827152
ReturnHeader/Filer/PhoneNum09106925834
ReturnHeader/Filer/USAddress/AddressLine1Txt0649 PEE DEE ROAD
ReturnHeader/Filer/USAddress/CityNm0SOUTHERN PINES
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028387
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0561780972
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Busby & Co
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0170 E Connecticut Ave
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Southern Pines

Document Assets

No mirrored PDF or thumbnail assets are attached yet.