Covenant Classical School
EIN: 861685511 · Sioux Falls, SD · NTEE: B20
| Metric | Value |
|---|---|
| Total Revenue | $109K |
| Total Expenses | $88K |
| Net Assets | $35K |
Is Covenant Classical 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 Classical School
Covenant Classical School (EIN: 861685511) is a nonprofit organization based in Sioux Falls, SD, classified under NTEE code B20. The organization reported total revenue of $109K and total assets of $42K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Covenant Classical School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Covenant Classical School is a small nonprofit that has been operating for 4 years.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $109K |
| Total Expenses | $88K |
| Surplus / Deficit | +$21K |
| Total Assets | $42K |
| Total Liabilities | $6K |
| Net Assets | $35K |
| Operating Margin | 19.3% |
| Debt-to-Asset Ratio | 14.7% |
| Months of Reserves | 5.7 months |
Financial Health Grade: A
In 2024, Covenant Classical School reported a surplus of $21K with revenue exceeding expenses, holds 5.7 months of operating reserves (adequate), has a debt-to-asset ratio of 14.7% (very low leverage).
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Covenant Classical 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 Classical 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $21K, with revenue exceeding expenses.
- Debt-to-asset ratio: 14.7%.
Frequently Asked Questions about Covenant Classical School
Is Covenant Classical School a legitimate charity?
Based on AI analysis of IRS 990 filings, Covenant Classical School (EIN: 861685511) insufficient data. 0 red flags identified, 0 strengths noted.
How does Covenant Classical School spend its money?
Detailed spending breakdown data is not yet available for Covenant Classical School. Check back for updated IRS 990 analysis.
Are donations to Covenant Classical School tax-deductible?
Covenant Classical School is registered as a tax-exempt nonprofit (EIN: 861685511). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Covenant Classical School located?
Covenant Classical School is headquartered in Sioux Falls, South Dakota and files with the IRS under EIN 861685511. It is classified under NTEE code B20.
Filing History
IRS 990 filing history for Covenant Classical School showing financial trends over 1 year of public records:
In its most recent filing year (2024), Covenant Classical School reported a surplus of $21K, with revenue exceeding expenses. The organization holds $6K in liabilities against $42K in assets (debt-to-asset ratio: 14.7%), resulting in net assets of $35K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $109K | $88K | $42K | $6K | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Covenant Classical School:
Data Sources and Methodology
This transparency report for Covenant Classical 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.