BEducationEIN: 581795475· Ruling Year: 1989

Covenant Christian Academy

Macon, Georgia

DHealth Score
33D

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Poor

How This Organization Compares

Compared to 4 peers in Education with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org-0.36×
Peer Median20.77×
💰
$2.9M
Total Revenue
📊
$3.0M
Total Expenses
🏦
-$1.1M
Net Assets
📋
$5.9M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-5.9%
Year-over-year change (2022 → 2023)
Net Margin
-3.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
-0.36
Net assets divided by total expenses
Liabilities-to-Assets
122.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$2,880,2336%$2,977,9913%$4,799,2227%
2022$3,061,6046%$3,056,0803%$5,179,4691%
2021$3,258,4771%$3,135,8304%$5,209,1411%
2020$3,215,6149%$3,006,6073%$5,146,0909%
2019$2,953,3196%$3,107,00211%$4,720,6791%
2018$2,783,1302%$2,794,2713%$4,745,9851%
2017$2,726,1167%$2,893,5793%$4,807,3493%
2016$2,924,23915%$2,998,41210%$4,956,2362%
2015$3,457,7138%$3,328,2882%$5,073,3134%
2014$3,192,6982%$3,411,023$5,265,4711%
2013$3,245,27810%$3,417,4354%$5,298,3041%
2012$3,603,9056%$3,554,0981%$5,378,2573%
2011$3,394,002$3,533,285$5,526,821

Frequently Asked Questions

What does Covenant Christian Academy do?

Covenant Christian Academy is a education nonprofit organization based in Georgia. It is classified under NTEE code B24Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Covenant Christian Academy financially healthy?

Based on our 9-metric Financial Health Score model, Covenant Christian Academy has a score of 33/100 (Grade: D). 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 Christian Academy generate?

Covenant Christian Academy reports $3.0M in annual revenue and holds $4.5M in total assets, based on IRS filings.

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