Covenant School Inc

Organization Overview

Covenant School Inc is located in Charlottesville, VA. The organization was established in 1985. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. As of 06/2022, Covenant School Inc employed 220 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Covenant School Inc 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 06/2022, Covenant School Inc generated $14.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $13.0m during the year ending 06/2022. While expenses have increased by 2.9% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

PROMOTE THE MORAL, INTELLECTUAL, AND PHYSICAL DEVELOPMENT OF YOUNG PEOPLE. (SEE SCHEDULE O)

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE COVENANT SCHOOL IS AN INDEPENDENT CHRISTIAN SCHOOL PROVIDING EDUCATIONAL SERVICE TO APPROXIMATELY 650 STUDENTS GRADES PRE-KINDERGARTEN THROUGH 12TH GRADE.


FINANCIAL ASSISTANCE (FINANCIAL AID AND SCHOLARSHIPS) WAS PROVIDED TO 268 STUDENTS DURING THE ACADEMIC YEAR.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Gt Weeks
General Contractor
$250,000
Southern Air Inc
Heating And Ac Services
$157,864
Gilbert Investment Group Llc
Cleaning And Costodian Services
$120,713
Winkler Consulting Group Inc
Fundraising And Capital Campaign Service
$116,088
Carterbaldwin
Executive Recruiters
$103,019
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,540,090
Noncash contributions included in lines 1a–1f $240,108
Total Revenue from Contributions, Gifts, Grants & Similar$1,540,090
Total Program Service Revenue$12,769,659
Investment income $1,070
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $38,817
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $67,136
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $48,119
Miscellaneous Revenue$0
Total Revenue $14,464,891

Grants Recieved

Over the last fiscal year, we have identified 9 grants that Covenant School Inc has recieved totaling $164,456.

Awarding OrganizationAmount
Schwab Charitable Fund

San Francisco, CA

PURPOSE: EDUCATION

$55,200
Morgan Stanley Global Impact Funding Trust Inc

Indianapolis, IN

PURPOSE: UNRESTRICTED GENERAL SUPPORT

$32,000
Micah 6-8 Foundation

Crozet, VA

PURPOSE: GENERAL PURPOSES OF DONEE

$30,000
Tiff Charitable Foundation

Wilmington, DE

PURPOSE: TEACHER SALARIES AND CLASSROOM RESOURCES

$25,000
The Richard And Leslie Gilliam Foundation

Charlottesville, VA

PURPOSE: EDUCATION

$10,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$8,693
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$599,554
Earnings-$69,591
Admin Expense$65
Net Contributions$17,373
Grants$31,890
Ending Balance$515,381

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