Covenant Classical School
Concord, North Carolina
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
How This Organization Compares
Compared to 4 peers in Education with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
14 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2024 | $2,354,579↑10% | $2,316,661↑12% | $4,339,557↓4% | — |
| 2023 | $2,138,530↑2% | $2,067,402↑9% | $4,509,354↑1% | — |
| 2022 | $2,104,439 | $1,896,595↑14% | $4,446,910↑4% | — |
| 2021 | $2,112,072↑19% | $1,659,719↑1% | $4,269,977↑4% | — |
| 2020 | $1,769,380↓1% | $1,637,957↑19% | $4,105,518↑7% | — |
| 2019 | $1,793,162↑21% | $1,380,616↑9% | $3,851,557↑79% | — |
| 2018 | $1,480,664↓6% | $1,271,015↑3% | $2,151,455↑42% | — |
| 2017 | $1,572,217↑8% | $1,232,109↓20% | $1,510,976↑41% | — |
| 2016 | $1,461,129↑1% | $1,531,083↑2% | $1,069,617↓6% | — |
| 2015 | $1,452,628↓5% | $1,499,380↑5% | $1,135,286↓11% | — |
| 2014 | $1,537,067↑15% | $1,434,701↑4% | $1,277,727↑5% | — |
| 2013 | $1,333,855↑1% | $1,375,417↑9% | $1,217,534↓7% | — |
| 2012 | $1,314,259↑3% | $1,257,375↑4% | $1,304,836↑9% | — |
| 2011 | $1,271,478 | $1,211,703 | $1,202,188 | — |
Frequently Asked Questions
What does Covenant Classical School do?▼
Covenant Classical School is a education nonprofit organization based in North Carolina. It is classified under NTEE code B20Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Covenant Classical School financially healthy?▼
Based on our 9-metric Financial Health Score model, Covenant Classical School has a score of 74/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Covenant Classical School generate?▼
Covenant Classical School reports $2.4M in annual revenue and holds $4.3M in total assets, based on IRS filings.
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