Covenant Christian School
EIN: 271263354 · Aurora, IL · NTEE: B20
| Metric | Value |
|---|---|
| Total Revenue | $390K |
| Total Expenses | $617K |
| Net Assets | $63K |
Is Covenant Christian School Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Covenant Christian School
Covenant Christian School (EIN: 271263354) is a nonprofit organization based in Aurora, IL, classified under NTEE code B20. The organization reported total revenue of $390K and total assets of $23K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Covenant Christian School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Covenant Christian School is a small nonprofit that has been operating for 16 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 5.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $467K |
| Total Expenses | $617K |
| Surplus / Deficit | $-150,612 |
| Total Assets | $72K |
| Total Liabilities | $10K |
| Net Assets | $63K |
| Operating Margin | -32.3% |
| Debt-to-Asset Ratio | 13.7% |
| Months of Reserves | 1.4 months |
Financial Health Grade: C
In 2023, Covenant Christian School reported a deficit of $151K with expenses exceeding revenue, holds 1.4 months of operating reserves (limited), has a debt-to-asset ratio of 13.7% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Covenant Christian School's revenue has grown at a compound annual growth rate (CAGR) of 5.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -16.7% | +10.6% | -67.3% |
| 2022 | -27.0% | +7.6% | -5.5% |
| 2021 | +75.4% | +4.5% | +163.0% |
| 2020 | -41.0% | -32.7% | +54.0% |
| 2019 | +29.2% | +17.2% | +63.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2700 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Covenant Christian School has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Covenant Christian School with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $151K, with expenses exceeding revenue.
- Debt-to-asset ratio: 13.7%.
Frequently Asked Questions about Covenant Christian School
Is Covenant Christian School a legitimate charity?
Covenant Christian School (EIN: 271263354) is a registered tax-exempt nonprofit based in Illinois. It has 14 years of IRS 990 filings on record. Total revenue: $390K. No red flags identified. Financial health grade: C.
How does Covenant Christian School spend its money?
Covenant Christian School reported $390K in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Covenant Christian School tax-deductible?
Covenant Christian School is registered as a tax-exempt nonprofit (EIN: 271263354). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Covenant Christian School located?
Covenant Christian School is headquartered in Aurora, Illinois and files with the IRS under EIN 271263354. It is classified under NTEE code B20.
How many years of IRS 990 filings does Covenant Christian School have?
Covenant Christian School has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $390K in total revenue.
Filing History
IRS 990 filing history for Covenant Christian School showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Covenant Christian School's revenue has grown by 90.8%, moving from $245K to $467K. Total assets decreased by 34% over the same period, from $110K to $72K. Total functional expenses rose by 98.4%, from $311K to $617K. In its most recent filing year (2023), Covenant Christian School reported a deficit of $151K, with expenses exceeding revenue. The organization holds $10K in liabilities against $72K in assets (debt-to-asset ratio: 13.7%), resulting in net assets of $63K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $467K | $617K | $72K | $10K | — | — |
| 2022 | $560K | $558K | $221K | $8K | — | View 990 |
| 2021 | $767K | $519K | $234K | $8K | — | View 990 |
| 2020 | $437K | $496K | $89K | $111K | — | — |
| 2019 | $740K | $737K | $58K | $20K | — | View 990 |
| 2018 | $573K | $629K | $35K | $222 | — | View 990 |
| 2017 | $516K | $518K | $91K | $15K | — | — |
| 2016 | $428K | $440K | $141K | $62K | — | View 990 |
| 2015 | $391K | $385K | $90K | $0 | — | View 990 |
| 2014 | $326K | $366K | $90K | $6K | — | View 990 |
| 2013 | $338K | $338K | $133K | $9K | — | View 990 |
| 2012 | $390K | $351K | $139K | $15K | — | View 990 |
| 2011 | $345K | $325K | $120K | $35K | — | View 990 |
| 2010 | $245K | $311K | $110K | $57K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $467K, expenses of $617K, and assets of $72K (revenue -16.7% year-over-year).
- 2022: Revenue of $560K, expenses of $558K, and assets of $221K (revenue -27.0% year-over-year).
- 2021: Revenue of $767K, expenses of $519K, and assets of $234K (revenue +75.4% year-over-year).
- 2020: Revenue of $437K, expenses of $496K, and assets of $89K (revenue -41.0% year-over-year).
- 2019: Revenue of $740K, expenses of $737K, and assets of $58K (revenue +29.2% year-over-year).
- 2018: Revenue of $573K, expenses of $629K, and assets of $35K (revenue +11.1% year-over-year).
- 2017: Revenue of $516K, expenses of $518K, and assets of $91K (revenue +20.5% year-over-year).
- 2016: Revenue of $428K, expenses of $440K, and assets of $141K (revenue +9.4% year-over-year).
- 2015: Revenue of $391K, expenses of $385K, and assets of $90K (revenue +20.1% year-over-year).
- 2014: Revenue of $326K, expenses of $366K, and assets of $90K (revenue -3.5% year-over-year).
- 2013: Revenue of $338K, expenses of $338K, and assets of $133K (revenue -13.3% year-over-year).
- 2012: Revenue of $390K, expenses of $351K, and assets of $139K (revenue +13.1% year-over-year).
- 2011: Revenue of $345K, expenses of $325K, and assets of $120K (revenue +41.0% year-over-year).
- 2010: Revenue of $245K, expenses of $311K, and assets of $110K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Covenant Christian School:
Data Sources and Methodology
This transparency report for Covenant Christian School is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.