Civic Intelligence

Covenant Partner

EIN 81-3501669 • 501(c)3 • Cary, NC

Profile

To spread the gospel of Jesus Christ to all people by helping the needy and distributing to the necessity of the saints

4005 Vallonia DriveCary, NC 27519
Siviq Scores

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

Liabilities / Assets

71st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE S99 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

72nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE S99 • <$500k nonprofits • Source year 2024

Net Margin

38th percentile

4.2%

Higher net margin than 38% of similar nonprofits.

NTEE S99 • <$500k nonprofits • Source year 2024

Top Officer Pay

86th percentile

$0

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

NTEE S99 • <$500k nonprofits • Source year 2024

Asset Growth

91st percentile

158%

Faster asset growth than 91% of similar nonprofits.

NTEE S99 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

56th percentile

3.8%

Faster revenue growth than 56% of similar nonprofits.

NTEE S99 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets71st percentile

Assets

Up

$1,437

Up $879 (+158%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$1,437

Up $879 (+158%) from 2023

Operations
Liabilities / Revenue72nd percentileNet Margin38th percentile

Revenue

Up

$20,961

Up $764 (+3.8%) from 2023

Expenses

Down

$20,080

Down $644 (-3.1%) from 2023

Net Income

Up

$881

Up $1,408 (+267%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth91st percentile

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

$1.5K$1.0K$500$0Assets 2017: $132Liabilities 2017: $0Net Assets 2017: $1322017Assets 2018: $20Liabilities 2018: $0Net Assets 2018: $202018Assets 2019: $90Liabilities 2019: $0Net Assets 2019: $902019Assets 2020: $1,160Liabilities 2020: $0Net Assets 2020: $1,1602020Assets 2021: $58Liabilities 2021: $0Net Assets 2021: $582021Assets 2022: $1,085Liabilities 2022: $0Net Assets 2022: $1,0852022Assets 2023: $558Liabilities 2023: $0Net Assets 2023: $5582023Assets 2024: $1,437Liabilities 2024: $0Net Assets 2024: $1,4372024

Highlighted filing

2024

Assets$1,437
Liabilities$0
Net Assets$1,437
Open 2024 Filing

Operations Trend

Revenue Growth56th percentile

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

$60K$40K$20K$0-$20KRevenue 2017: $22,618Expenses 2017: $25,095Net Income 2017: -$2,4772017Revenue 2018: $24,819Expenses 2018: $24,931Net Income 2018: -$1122018Revenue 2019: $18,243Expenses 2019: $18,173Net Income 2019: $702019Revenue 2020: $14,943Expenses 2020: $13,873Net Income 2020: $1,0702020Revenue 2021: $18,379Expenses 2021: $19,481Net Income 2021: -$1,1022021Revenue 2022: $45,575Expenses 2022: $44,547Net Income 2022: $1,0282022Revenue 2023: $20,197Expenses 2023: $20,724Net Income 2023: -$5272023Revenue 2024: $20,961Expenses 2024: $20,080Net Income 2024: $8812024

Highlighted filing

2024

Revenue$20,961
Expenses$20,080
Net Income$881
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,437
Liabilities
$0
Net assets
$1,437
Revenue
$20,961
Expenses
$20,080
Net income
$881
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.44$0.00$1.44$21.0$20.1$0.88
2023Detailed filing. Detailed filing data is available for this year.$0.56$0.00$0.56$20.2$20.7$0.53
2022Detailed filing. Detailed filing data is available for this year.$1.09$0.00$1.09$45.6$44.5$1.03
2021Detailed filing. Detailed filing data is available for this year.$0.06$0.00$0.06$18.4$19.5$1.10
2020Detailed filing. Detailed filing data is available for this year.$1.16$0.00$1.16$14.9$13.9$1.07
2019Detailed filing. Detailed filing data is available for this year.$0.09$0.00$0.09$18.2$18.2$0.07
2018Detailed filing. Detailed filing data is available for this year.$0.02$0.00$0.02$24.8$24.9$0.11
2017Detailed filing. Detailed filing data is available for this year.$0.13$0.00$0.13$22.6$25.1$2.48
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 22, 2025
Return Version
2024v5.1
Gross Receipts
$20,961
Mission and Program Overview

Mission

To spread the gospel of Jesus Christ to all people by helping the needy and distributing to the necessity of the saints

Program Services

DescriptionGrantsExpenses
Outreach Assistance provided to needy$0$9,395
Outreach Bibles and devotionals youth program .$0$8,040
Compensation and Service Providers
Top Officer Pay86th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Olumide OlurinmadePresident-$0--
Tayo MartinsTreasurer-$0--
Olusegun FakeyeSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Covenant Partner
EIN
81-3501669
In Care Of
% Olumide Olurinmade
Address
4005 Vallonia Drive, Cary, NC 27519

Signing Officer

Name
Olumide Olurinmade
Title
President
Signed
2025-05-22
Supplemental Narrative

Additional Explanations

Part I, line 16

“| Other Expenses:, Amount:| Benevolence, $9395| General Expenses, $2645| Outreach, $8040|”

Part II, line 24

“| Explanation:, BOYAmount:, EOYAmount:| Other assets, $0, $0|”

Part II, line 26

“| Explanation:, BOYAmount:, EOYAmount:| Other assets, $0, $0|”

Raw XML Appendix110 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Olumide Olurinmade
IRS990EZ/BooksInCareOfDetail/PhoneNum09196992200
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt04005 Vallonia Drive
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Cary
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd027519
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0556
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt01437
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt020961
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0881
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0556
IRS990EZ/Form990TotalAssetsGrp/EOYAmt01437
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt020961
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0556
IRS990EZ/NetAssetsOrFundBalancesEOYAmt01437
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0556
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt01437
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Olumide Olurinmade
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Tayo Martins
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Olusegun Fakeye
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt020080
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0To spread the gospel of Jesus Christ to all people by helping the needy and distributing to the necessity of the saints
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Outreach Assistance provided to needy
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Outreach Bibles and devotionals youth program .
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt09395
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt18040
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NC
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt020080
IRS990EZ/TotalProgramServiceExpensesAmt017435
IRS990EZ/TotalRevenueAmt020961
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/ChurchInd0X
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Other Expenses:, Amount:| Benevolence, $9395| General Expenses, $2645| Outreach, $8040|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Explanation:, BOYAmount:, EOYAmount:| Other assets, $0, $0|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2| Explanation:, BOYAmount:, EOYAmount:| Other assets, $0, $0|
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part II, line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part II, line 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Olumide Olurinmade
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0COVENANT PARTNER
ReturnHeader/Filer/BusinessNameControlTxt0COVE
ReturnHeader/Filer/EIN0813501669
ReturnHeader/Filer/ForeignPhoneNum09196992200
ReturnHeader/Filer/InCareOfNm0% Olumide Olurinmade
ReturnHeader/Filer/USAddress/AddressLine1Txt04005 Vallonia Drive
ReturnHeader/Filer/USAddress/CityNm0Cary
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027519
ReturnHeader/ReturnTs02025-05-21T22:50:05-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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