Civic Intelligence

Covenant Partner

990EZ • Fiscal year 2020 • EIN 81-3501669

Jan 01, 2020 to Dec 31, 2020 • Filed on Jan 20, 2021

Organization Profile
4005 Vallonia DriveCary, NC 27519

(919) 699-2200

Siviq Scores

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

Liabilities / Assets

49th percentile

0.00x

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

2020 filings • NTEE S • <$500k nonprofits • Source year 2020

Liabilities / Revenue

48th percentile

0.00x

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

2020 filings • NTEE S • <$500k nonprofits • Source year 2020

Net Margin

53rd percentile

7.2%

Higher net margin than 53% of similar nonprofits.

2020 filings • NTEE S • <$500k nonprofits • Source year 2020

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

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

2020 filings • NTEE S • <$500k nonprofits • Source year 2020

Asset Growth

99th percentile

1189%

Faster asset growth than 99% of similar nonprofits.

2020 filings • NTEE S • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

49th percentile

-18%

Faster revenue growth than 49% of similar nonprofits.

2020 filings • NTEE S • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets49th percentile

Assets

Up

$1,160

Up $1,070 (+1189%) from 2019

Net Assets

Up

$1,160

Up $1,070 (+1189%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue And Expenses
Liabilities / Revenue48th percentileNet Margin53rd percentile

Revenue

Down

$14,943

Down $3,300 (-18%) from 2019

Expenses

Down

$13,873

Down $4,300 (-24%) from 2019

Net Income

Up

$1,070

Up $1,000 (+1429%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth99th percentile

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

$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

2020

Assets$1,160
Liabilities$0
Net Assets$1,160
Open 2020 Filing

Operations Trend

Revenue Growth49th percentile

Revenue, expenses, and net income across loaded years, with this 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

2020

Revenue$14,943
Expenses$13,873
Net Income$1,070
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jan 20, 2021
Return Version
2020v4.0
Gross Receipts
$14,943
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
Mailed out bibles to mailing lists for evangelism purposes. Bought bible study materials to assist youth group and organized events to help the youth grow in their knowledge of Christ. Provided assistance to struggling families.$8,622$5,251
Compensation and Service Providers
Top Officer Pay79th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Olumide OlurinmadePresident-$0--
Tayo MartinTreasurer-$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
2021-01-20
Discuss with paid preparer
No
Supplemental Narrative

Additional Explanations

Part I, line 10

“| Activity:, Grantee Name:, Grantee Address:, Amount:, Relationship:| Benevolence, grantee, "Assistance provided.", $8622.00, No Relationship|”

Part I, line 16

“| Other Expenses:, Amount:| Outreach, $3111.00| Expenses, $2140.00|”

Raw XML Appendix107 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/BOYAmt090
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt01160
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt014943
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt01070
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt090
IRS990EZ/Form990TotalAssetsGrp/EOYAmt01160
IRS990EZ/GrantsAndSimilarAmountsPaidAmt08622
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt014943
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartIVInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt090
IRS990EZ/NetAssetsOrFundBalancesEOYAmt01160
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt090
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt01160
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 Martin
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Olusegun Fakeye
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt05251
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/DescriptionProgramSrvcAccomTxt0Mailed out bibles to mailing lists for evangelism purposes. Bought bible study materials to assist youth group and organized events to help the youth grow in their knowledge of Christ. Provided assistance to struggling families.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt08622
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt05251
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NC
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt013873
IRS990EZ/TotalProgramServiceExpensesAmt05251
IRS990EZ/TotalRevenueAmt014943
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| Activity:, Grantee Name:, Grantee Address:, Amount:, Relationship:| Benevolence, grantee, "Assistance provided.", $8622.00, No Relationship|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Other Expenses:, Amount:| Outreach, $3111.00| Expenses, $2140.00|
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I, line 16
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Olumide Olurinmade
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-01-20
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/ReturnTs02021-01-20T00:49:35-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,160
Liabilities
$0
Net assets
$1,160
Revenue
$14,943
Expenses
$13,873
Net income
$1,070
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