Civic Intelligence

Covenant Homes and Resources

990EZ • Fiscal year 2023 • EIN 83-1414443

Jan 01, 2023 to Dec 31, 2023 • Filed on Jan 07, 2025

Organization Profilewww.covenanthomesandresources.org
2708 E Sinto AveSpokane, WA 99202

(509) 842-6516

Siviq Scores

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

Liabilities / Assets

93rd percentile

0.82x

Higher debt load relative to assets than 93% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

99th percentile

8.39x

Higher debt load relative to revenue than 99% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

71st percentile

18%

Higher net margin than 71% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

76th percentile

24%

Faster asset growth than 76% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

37th percentile

-6.1%

Faster revenue growth than 37% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets93rd percentile

Assets

Up

$281,296

Up $54,827 (+24%) from 2022

Net Assets

Up

$51,296

Up $24,827 (+94%) from 2022

Liabilities

Up

$230,000

Up $30,000 (+15%) from 2022

Revenue And Expenses
Liabilities / Revenue99th percentileNet Margin71st percentile

Revenue

Down

$27,415

Down $1,794 (-6.1%) from 2022

Expenses

Down

$22,588

Down $10,332 (-31%) from 2022

Net Income

Up

$4,827

Up $8,538 (+230%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth76th percentile

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

$400K$300K$200K$100K$0Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018Assets 2022: $226,469Liabilities 2022: $200,000Net Assets 2022: $26,4692022Assets 2023: $281,296Liabilities 2023: $230,000Net Assets 2023: $51,2962023Assets 2024: $333,794Liabilities 2024: $255,000Net Assets 2024: $78,7942024

Highlighted filing

2023

Assets$281,296
Liabilities$230,000
Net Assets$51,296
Open 2023 Filing

Operations Trend

Revenue Growth37th percentile

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

$60K$40K$20K$0-$20KRevenue 2018: $0Expenses 2018: $0Net Income 2018: $02018Revenue 2022: $29,209Expenses 2022: $32,920Net Income 2022: -$3,7112022Revenue 2023: $27,415Expenses 2023: $22,588Net Income 2023: $4,8272023Revenue 2024: $52,234Expenses 2024: $24,736Net Income 2024: $27,4982024

Highlighted filing

2023

Revenue$27,415
Expenses$22,588
Net Income$4,827
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jan 7, 2025
Return Version
2023v6.0
Gross Receipts
$27,415
Mission and Program Overview

Mission

charitable

Program Services

DescriptionGrantsExpenses
We are not technically open to house residents, but we are walking along side pregnant Moms, helping with mentoring, clothing, diapers, resources, education or employment counseling, etc.$0$0
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Karen FournierPresidentFT$0--
Cheryl PirozokTreasurerPT$0--
Jane MurphySecretary-$0--
Filing and Contact Details

Filer

Filer Name
Covenant Homes and Resources
EIN
83-1414443
Phone
5098426516
Address
2708 E Sinto Ave, Spokane, WA 99202

Signing Officer

Name
Karen Fournier
Title
Executive Director
Phone
5098426516
Signed
2025-01-07
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 20

“Since loan is interest only, the balance only goes up with fees every year, thankfully the value of the property is going up to offset the costs”

Form 990-EZ, Part II, Line 26

“Same description of the loan fees being added each year”

Raw XML Appendix161 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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BenefitsPaidToOrForMembersAmt00
IRS990EZ/BooksInCareOfDetail/PersonNm0Karen Fournier
IRS990EZ/BooksInCareOfDetail/PhoneNum05098426516
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02708 E Sinto Ave
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Spokane
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd099202
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt01469
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt06296
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt027415
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt04827
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01236
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form1120PolFiledInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0226469
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0281296
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt027415
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitialReturnInd0X
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LandAndBuildingsGrp/BOYAmt0225000
IRS990EZ/LandAndBuildingsGrp/EOYAmt0275000
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt026469
IRS990EZ/NetAssetsOrFundBalancesEOYAmt051296
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt026469
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt051296
IRS990EZ/OccupancyRentUtltsAndMaintAmt021075
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt050
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15
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/PersonNm0Karen Fournier
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Cheryl Pirozok
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Jane Murphy
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt020000
IRS990EZ/OtherExpensesTotalAmt00
IRS990EZ/OtherRevenueTotalAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0charitable
IRS990EZ/PrintingPublicationsPostageAmt0277
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0We are not technically open to house residents, but we are walking along side pregnant Moms, helping with mentoring, clothing, diapers, resources, education or employment counseling, etc.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt00
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0200000
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0230000
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt022588
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt027415
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.covenanthomesandresources.org
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt027415
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt029209
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt026105
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt05226
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt01972
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt089927
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/InvestmentIncomePYPct00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01
IRS990ScheduleA/PublicSupportPY509Pct01
IRS990ScheduleA/PublicSupportTotal509Amt089927
IRS990ScheduleA/ThirtyThrPctSuprtTestsPY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt027415
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt029209
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt026105
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt05226
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01972
IRS990ScheduleA/Total509Grp/TotalAmt089927
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt027415
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt029209
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt026105
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt05226
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01972
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt089927
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Since loan is interest only, the balance only goes up with fees every year, thankfully the value of the property is going up to offset the costs
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Same description of the loan fees being added each year
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part II, Line 26
ReasonableCauseExplanation/ExplanationTxt0The person that was supposed to be doing these did not, and we were remiss on checking. We will stay on top in the future.
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Karen Fournier
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum05098426516
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-01-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0COVENANT HOMES AND RESOURCES
ReturnHeader/Filer/BusinessNameControlTxt0COVE
ReturnHeader/Filer/EIN0831414443
ReturnHeader/Filer/PhoneNum05098426516
ReturnHeader/Filer/USAddress/AddressLine1Txt02708 E Sinto Ave
ReturnHeader/Filer/USAddress/CityNm0Spokane
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WA
ReturnHeader/Filer/USAddress/ZIPCd099202
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/ReturnTs02025-01-08T01:14:33-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$281,296
Liabilities
$230,000
Net assets
$51,296
Revenue
$27,415
Expenses
$22,588
Net income
$4,827
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.34$2.55$0.79$0.52$0.25$0.27
2023Detailed filing. Detailed filing data is available for this year.$2.81$2.30$0.51$0.27$0.23$0.05
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.26$2.00$0.26$0.29$0.33$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00