Covenant International Evangelistic Association Inc is located in Burlington, NC. The organization was established in 1979. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Covenant International Evangelistic Association 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 12/2022, Covenant International Evangelistic Association Inc generated $30.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.2%) each year. All expenses for the organization totaled $40.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
MISSIONS EFFORT IN JAMAICA, KOREA, INDIA, AND USA, FOOD AND CLOTHING DISTRIBUTION MINISTRIES
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marion Talbert President | 40 | $20,856 | |
Dennis Bledsoe Director | 0.25 | $0 | |
Hon Duc Vo Director | 0.25 | $0 | |
James E Talbert Jr Director | 0.25 | $0 | |
Joey Robbins Director | 0.25 | $0 | |
Durwood Edwards Director | 0.25 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,640 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $30,640 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $20,856 |
| Professional fees and other payments to independent contractors | $2,400 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $869 |
| Other expenses | $16,661 |
| Total expenses | $40,786 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $18,818 |
| Other assets | $0 |
| Total assets | $19,340 |
| Total liabilities | $168 |
| Net assets or fund balances | $19,172 |