Covenant Christian Academy
- Assets
- $5.8m
- Revenue
- $3.6m
- Investments
- $0.0
- Employees
- 56
- Location
- Harrisburg, PA
- Founding
- 11/1997
- Data as of
- 06/2021
- EIN
- 23-2879022
Organization Overview
Covenant Christian Academy is located in Harrisburg, PA. The organization was established in 1997. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 06/2021, Covenant Christian Academy employed 56 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Covenant Christian Academy is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Covenant Christian Academy generated $3.6m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 13.7% each year . All expenses for the organization totaled $2.0m during the year ending 06/2021. While expenses have increased by 1.8% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
COVENANT PROVIDES A CLASSICAL EDUCATION THAT: IMPARTS AN EXCELLENT ACADEMIC FOUNDATION AND A LOVE OF LEARNING; TRAINS STUDENTS TO SEE AND SUBMIT TO THE LORDSHIP OF CHRIST IN EVERY SPHERE OF LIFE AND THOUGHTFULLY ENGAGE THE WORLD WITH A DISTINCTLY CHRISTIAN WORLD VIEW.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE EXEMPT PURPOSE OF COVENANT CHRISTIAN ACADEMY IS TO PROVIDE A CLASSICAL CHRISTIAN EDUCATION TO STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Davis Vice President | OfficerTrustee | 2 | $0 |
Michael Geer President | OfficerTrustee | 4 | $0 |
David Stansbury Treasurer | OfficerTrustee | 4 | $0 |
David Creason Secretary | OfficerTrustee | 2 | $0 |
Charlene Bashore Board Member | Trustee | 1 | $0 |
Shannon Billante Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $62,170 |
| Related organizations | $0 |
| Government grants | $309,804 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,866,180 |
| Noncash contributions included in lines 1a–1f | $53,374 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,238,154 |
| Total Program Service Revenue | $1,442,248 |
| Investment income | $15 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$87,223 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,593,194 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,075,280 |
| Pension plan accruals and contributions | $9,946 |
| Other employee benefits | $132,656 |
| Payroll taxes | $77,611 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,185 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,292 |
| Advertising and promotion | $8,760 |
| Office expenses | $50,476 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $77,564 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,951 |
| Interest | $158,933 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $128,865 |
| Insurance | $54,956 |
| All other expenses | $13,101 |
| Total functional expenses | $1,964,277 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $835,538 |
| Pledges and grants receivable | $1,062,260 |
| Accounts receivable, net | $22,393 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $5,725 |
| Prepaid expenses and deferred charges | $1,712 |
| Net Land, buildings, and equipment | $3,871,877 |
| Investments—publicly traded securities | $53 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,799,558 |
| Accounts payable and accrued expenses | $31,883 |
| Grants payable | $0 |
| Deferred revenue | $312,272 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $2,951,436 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,295,591 |
| Net assets without donor restrictions | $1,104,467 |
| Net assets with donor restrictions | $1,399,500 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $5,799,558 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Covenant Christian Academy has recieved totaling $27,746.
| Awarding Organization | Amount |
|---|---|
Norm And Carole Sonju Foundation Lancaster, PA PURPOSE: UNRESTRICTED OPERATIONS | $20,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $7,341 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $405 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Heights Inc Potomac, MD | $28,496,015 | $21,762,530 |
New Foundations Charter School Marlton, NJ | $17,967,778 | $23,202,828 |
Village Community School New York, NY | $70,966,980 | $22,510,782 |
The Foundation Schools Largo, MD | $16,377,358 | $19,826,112 |
Sanford School Inc Hockessin, DE | $33,539,309 | $20,013,159 |
Speyer Legacy School New York, NY | $16,160,814 | $25,812,126 |
Annapolis Area Christian School Association Inc Severn, MD | $29,091,894 | $17,563,578 |
Lancaster Country Day School Lancaster, PA | $75,848,302 | $20,350,115 |
Norwood School Inc Bethesda, MD | $57,964,554 | $24,196,645 |
Freire Charter School Philadelphia, PA | $7,896,247 | $17,871,218 |
Academy In Manayunk Inc Conshohocken, PA | $64,687,092 | $23,625,839 |
Sussex Academy Of Arts & Sciences Inc Georgetown, DE | $42,610,221 | $13,826,672 |