Covenant Baptist Theological Seminary
Owensboro, Kentucky
B+Health Score
69B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
How This Organization Compares
Compared to 4 peers in Education with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
This Org0.67×
Peer Median20.77×
💰
$1.0M
Total Revenue
📊
$930K
Total Expenses
🏦
$619K
Net Assets
📋
$16K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-5.4%
Year-over-year change (2022 → 2023)
Net Margin
+7.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.67
Net assets divided by total expenses
Liabilities-to-Assets
2.5%
Total liabilities as % of total assets
Filing History
4 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $1,004,739↓5% | $929,807↑12% | $635,339↑11% | — |
| 2022 | $1,062,168↑73% | $833,481↑46% | $573,906↑72% | — |
| 2021 | $613,155↑13% | $572,387↑28% | $333,424↑14% | — |
| 2020 | $543,935 | $447,219 | $291,816 | — |
Frequently Asked Questions
What does Covenant Baptist Theological Seminary do?▼
Covenant Baptist Theological Seminary is a education nonprofit organization based in Kentucky. It is classified under NTEE code B50 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Covenant Baptist Theological Seminary financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Covenant Baptist Theological Seminary.
How much revenue does Covenant Baptist Theological Seminary generate?▼
Covenant Baptist Theological Seminary reports $1.3M in annual revenue and holds $742K in total assets, based on IRS filings.