COVENANT CLASSICAL SCHOOL: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
COVENANT CLASSICAL SCHOOL (EIN 75-2821065)
Tax period
2024-08-01 to 2025-07-31
Filed
2026-06-16
IRS object ID
202621689349300102
Schema version
2024v5.5
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2026-06-16T23:57:23-05:00ReturnTs
Tax Period End2025-07-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN752795393PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1JTAYLOR & ASSOCIATES LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line14800 OVERTON PLAZA SUITE 360AddressLine1Txt
CityFORT WORTHCityNm
State AbbreviationTXStateAbbreviationCd
ZIP761094430ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-08-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN752821065EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1COVENANT CLASSICAL SCHOOLBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCOVEBusinessNameControlTxt
Phone8178200884PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11701 WIND STAR WAYAddressLine1Txt
CityFORT WORTHCityNm
State AbbreviationTXStateAbbreviationCd
ZIP76108ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJAMES W PICKETT JRPersonNm
Person TitleTREASURERPersonTitleTxt
Phone8178200884PhoneNum
Signature2026-06-16SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDOUGLAS MANNPreparerPersonNm
PTINP01950332PTIN
Phone8179245900PhoneNum
Preparation2026-06-16PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJAMES W PICKETT JRPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11701 WIND STAR WAYAddressLine1Txt
CityFORT WORTHCityNm
State AbbreviationTXStateAbbreviationCd
ZIP76108ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$11,151,987GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressCOVENANTFW.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1999FormationYr
Legal Domicile StateTXLegalDomicileStateCd
Activity Or MissionTO TRAIN OUR STUDENTS TO LIVE AND THINK ACCORDING TO A BIBLICAL, CHRIST-CENTERED WORLD VIEW.ActivityOrMissionDesc
Voting Members Governing Body12VotingMembersGoverningBodyCnt
Voting Members Independent12VotingMembersIndependentCnt
Total Employee144TotalEmployeeCnt
Total Volunteers110TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$2,210,056PYContributionsGrantsAmt
CY Contributions Grants$2,103,082CYContributionsGrantsAmt
PY Program Service Revenue$7,463,297PYProgramServiceRevenueAmt
CY Program Service Revenue$7,983,437CYProgramServiceRevenueAmt
PY Investment Income$152,454PYInvestmentIncomeAmt
CY Investment Income$126,002CYInvestmentIncomeAmt
PY Other Revenue$929,228PYOtherRevenueAmt
CY Other Revenue$857,692CYOtherRevenueAmt
PY Total Revenue$10,755,035PYTotalRevenueAmt
CY Total Revenue$11,070,213CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$5,571,950PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$5,802,229CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$334,323CYTotalFundraisingExpenseAmt
PY Other Expenses$3,218,317PYOtherExpensesAmt
CY Other Expenses$3,554,824CYOtherExpensesAmt
PY Total Expenses$8,790,267PYTotalExpensesAmt
CY Total Expenses$9,357,053CYTotalExpensesAmt
PY Revenues Less Expenses$1,964,768PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$1,713,160CYRevenuesLessExpensesAmt
Total Assets BOY$26,068,892TotalAssetsBOYAmt
Total Assets EOY$28,022,288TotalAssetsEOYAmt
Total Liabilities BOY$5,374,032TotalLiabilitiesBOYAmt
Total Liabilities EOY$5,614,268TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$20,694,860NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$22,408,020NetAssetsOrFundBalancesEOYAmt
MissionTO TRAIN OUR STUDENTS TO LIVE AND THINK ACCORDING TO A BIBLICAL CHRIST-CENTERED WORLD VIEW. WE ACCOMPLISH THIS BY PARTNERING WITH PARENTS TO PROVIDE A RIGOROUS, CLASSICAL EDUCATION THAT INSTILLS A LIFELONG LOVE OF LEARNING.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$6,232,131ExpenseAmt
Revenue$7,986,032RevenueAmt
DescTO PROVIDE K-12 PRIVATE CLASSICAL SCHOOL EDUCATION.Desc
Total Program Service Expenses$6,232,131TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document71IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee144EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members12GoverningBodyVotingMembersCnt
Independent Voting Member12IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1JAMES W PICKETT JRBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8178200884PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11701 WIND STAR WAYAddressLine1Txt
CityFORT WORTHCityNm
State AbbreviationTXStateAbbreviationCd
ZIP76108ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
BEN COWAN
PRESIDENT10.00Yes (X)Yes (X)$0$0$0
WILL PICKETT
TREASURER10.00Yes (X)Yes (X)$0$0$0
LAURA JAGEMAN
SECRETARY10.00Yes (X)Yes (X)$0$0$0
CHRISTIAN ELLIS
MEMBER10.00Yes (X)$0$0$0
DR DAVID CAPPER
MEMBER10.00Yes (X)$0$0$0
DOUG BRILEY
MEMBER10.00Yes (X)$0$0$0
CHRIS TAYLOR
MEMBER10.00Yes (X)$0$0$0
DAREN KEYES
CHAIRMAN10.00Yes (X)$0$0$0
BROOKS DANLEY
MEMBER10.00Yes (X)$0$0$0
CARYN BARBER
MEMBER10.00Yes (X)$0$0$0
MATTHEW LUENSMANN
MEMBER10.00Yes (X)$0$0$0
BRANNON LATIMER
MEMBER10.00Yes (X)$0$0$0
TROY SCHUKNECHT
HEAD OF SCHOOL40.00Yes (X)$224,457$0$0
ANDREW JOHN ELIZALDE
ACADEMIC DEAN40.00$146,674$0$0Yes (X)
JEREMY MARTIN
DIRECTOR OF ATHLETICS40.00$117,528$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$488,659TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K3IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Fundraising$56,422FundraisingAmt
All Other Contributions$2,046,660AllOtherContributionsAmt
Total Contributions$2,103,082TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescFEE AND TUITIONDesc
Business611110BusinessCd
Total Revenue Column$7,983,437TotalRevenueColumnAmt
Related Or Exempt Func Income$7,983,437RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$7,983,437TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$123,407TotalRevenueColumnAmt
Exclusion$123,407ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$2,595SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$0SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$2,595SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,595TotalRevenueColumnAmt
Related Or Exempt Func Income$2,595RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$384,444FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$56,422ContriRptFundraisingEventAmt
Fundraising Direct Expenses$81,774FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$302,670TotalRevenueColumnAmt
Exclusion$302,670ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER FEES AND REVENUEDesc
Business611110BusinessCd
Total Revenue Column$555,022TotalRevenueColumnAmt
Exclusion$555,022ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$555,022OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$11,070,213TotalRevenueColumnAmt
Related Or Exempt Func Income$7,986,032RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$981,099ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$202,521TotalAmt
Management And General$151,891ManagementAndGeneralAmt
Fundraising$50,630FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$4,671,523TotalAmt
Program Services$3,322,683ProgramServicesAmt
Management And General$1,225,574ManagementAndGeneralAmt
Fundraising$123,266FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$545,311TotalAmt
Program Services$361,050ProgramServicesAmt
Management And General$163,757ManagementAndGeneralAmt
Fundraising$20,504FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$382,874TotalAmt
Program Services$253,501ProgramServicesAmt
Management And General$114,977ManagementAndGeneralAmt
Fundraising$14,396FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$47,095TotalAmt
Program Services$1,040ProgramServicesAmt
Management And General$45,996ManagementAndGeneralAmt
Fundraising$59FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$156,421TotalAmt
Program Services$45,889ProgramServicesAmt
Management And General$7,319ManagementAndGeneralAmt
Fundraising$103,213FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$37,176TotalAmt
Program Services$1,551ProgramServicesAmt
Management And General$35,625ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$348,153TotalAmt
Program Services$279,090ProgramServicesAmt
Management And General$68,409ManagementAndGeneralAmt
Fundraising$654FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$91,422TotalAmt
Program Services$75,732ProgramServicesAmt
Management And General$15,362ManagementAndGeneralAmt
Fundraising$328FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$40,355TotalAmt
Management And General$40,355ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$802,683TotalAmt
Program Services$759,384ProgramServicesAmt
Management And General$39,968ManagementAndGeneralAmt
Fundraising$3,331FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$151,177TotalAmt
Management And General$151,177ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
PROGRAM FEES$654,259$614,963$25,913$13,383
MAINTENANCE$493,321$1,646$491,668$7
BAD DEBTS$77,621$77,621
IMPAIRMENT OF CAPITALIZ$4,409$0$4,409

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$650,732TotalAmt
Program Services$437,981ProgramServicesAmt
Management And General$208,199ManagementAndGeneralAmt
Fundraising$4,552FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$9,357,053TotalAmt
Program Services$6,232,131ProgramServicesAmt
Management And General$2,790,599ManagementAndGeneralAmt
Fundraising$334,323FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$245,256BOYAmt
EOY$253,900EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$6,186,680BOYAmt
EOY$4,725,908EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$969,635BOYAmt
EOY$1,543,053EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$75,260BOYAmt
EOY$84,254EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$550BOYAmt
EOY$0EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$104,527BOYAmt
EOY$110,057EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$26,877,690LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$5,573,564LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$18,485,994BOYAmt
EOY$21,304,126EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$990BOYAmt
EOY$990EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$26,068,892BOYAmt
EOY$28,022,288EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$146,835BOYAmt
EOY$668,176EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$4,741,593BOYAmt
EOY$4,755,555EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$485,604BOYAmt
EOY$190,537EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$5,374,032BOYAmt
EOY$5,614,268EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$18,982,500BOYAmt
EOY$21,504,072EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,712,360BOYAmt
EOY$903,948EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$20,694,860BOYAmt
EOY$22,408,020EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$26,068,892BOYAmt
EOY$28,022,288EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$1,713,160ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,172,694OtherCostOrOtherBasisAmt
Book Value$1,172,694BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$21,504,602OtherCostOrOtherBasisAmt
Depreciation$4,355,896DepreciationAmt
Book Value$17,148,706BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$763,848OtherCostOrOtherBasisAmt
Depreciation$514,425DepreciationAmt
Book Value$249,423BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$3,436,546OtherCostOrOtherBasisAmt
Depreciation$703,243DepreciationAmt
Book Value$2,733,303BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$21,304,126TotalBookValueLandBuildingsAmt
Total Rev Etc Audited Fincl Stmt$11,070,213TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$11,070,213RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$11,070,213TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$9,357,053TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$9,357,053ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$9,357,053TotalExpensesPerForm990Amt

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid Rcvd0GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3SEE SUPPLEMENTAL PAGE
SCHEDULE E, PART I, LINE 3THE SCHOOL HAS PUBLICIZED ITS RACIALLY NONDISCRIMINATORY POLICY AS TO STUDENTS AND HAS MADE THAT POLICY KNOWN TO THE GENERAL PUBLIC THROUGH ITS ONLINE ADMISSIONS SEGMENT OF THE SCHOOL'S WEBSITE. WWW.COVENANTFW.ORG. THE SCHOOL DOES NOT UTILIZE BROADCAST OR PRINT MEDIA FOR ADMISSIONS.

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1AUCTIONEvent1Nm
Gross Receipts Event1$326,940GrossReceiptsEvent1Amt
Charitable Contri Event1$54,379CharitableContriEvent1Amt
Gross Revenue Event1$272,561GrossRevenueEvent1Amt
Rent Facility Costs Event1$36,555RentFacilityCostsEvent1Amt
Other Direct Expenses Event1$30,171OtherDirectExpensesEvent1Amt
Event2GOLF SCRAMBLEEvent2Nm
Gross Receipts Event2$82,713GrossReceiptsEvent2Amt
Charitable Contri Event2$2,043CharitableContriEvent2Amt
Gross Revenue Event2$80,670GrossRevenueEvent2Amt
Rent Facility Costs Event2$10,892RentFacilityCostsEvent2Amt
Other Direct Expenses Event2$4,156OtherDirectExpensesEvent2Amt
Other Events Total1OtherEventsTotalCnt
Gross Receipts Other Events$31,213GrossReceiptsOtherEventsAmt
Gross Revenue Other Events$31,213GrossRevenueOtherEventsAmt
Gross Receipts Total$440,866GrossReceiptsTotalAmt
Charitable Contributions Tot$56,422CharitableContributionsTotAmt
Gross Revenue Total Events$384,444GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events$47,447RentFcltyCostsTotalEventsAmt
Oth Direct Expnss Total Events$34,327OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$81,774DirectExpenseSummaryEventsAmt
Net Income Summary$302,670NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeFINANACIAL AID-TUITIONGrantTypeTxt
Recipient25RecipientCnt
Non Cash Assistance$36,697NonCashAssistanceAmt
Valuation Method UsedTUITION RATESValuationMethodUsedDesc

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE I, PART I, LINE 2FormAndLineReferenceDesc
ExplanationALL FINANCIAL AID IS AWARDED TO FAMILIES ON THE BASIS OF FINANCIAL NEED. FAMILIES MAY APPLY FOR TUITION ASSISTANCE THROUGH FINANCIAL AID FOR STUDENT TUTITION (FAST) OR FOR SCHOLARSHIPS THROUGH COVENANT CLASSICAL SCHOOL'S SCHOLARSHIP FUND. PARENTS COMPLETE, ANNUALLY, APPLICATION AND SUBMIT IT ALONG WITH REQUIRED FINANCIAL DOCUMENTS TO FAST WHICH COMPUTES A PROJECTED PARENT CONTRIBUTION. THE DIRECTOR OF ADMISSIONS REVIEWS THE COMPUTATIONS PERFORMED BY FAST AS WELL AS THE SCHOOL'S BUDGET FOR TUITION ASSISTANCE AND RECOMMENDS AN AWARD TO THE BOARD OF DIRECTORS. SCHOLARSHIP REQUESTS ARE MADE BY FAMILIES DIRECTLY TO THE DIRECTOR OF ADMISSIONS. PARENTS SUPPLY RELEVANT FINANCIAL INFORMATION TO DEMONSTRATE A TEMPORARY FINANCIAL NEED. THE INFORMATION IS FORWARDED TO THE SCHOLARSHIP COMMITTEE WHICH REVIEWS THE FAMILY'S FINANCIAL INFORMATION AND AVAILABLE SCHOLARSHIP FUNDS AND RECOMMENDS A SCHOLARSHIP AWARD TO THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS IS AT LIBERTY TO MODIFY THE RECOMMENDATION FOR FAST AND SCHOLARSHIPS. THE BOARD OF DIRECTORS APPROVES FAST AND SCHOLARSHIP AWARDS. ALL FAST GRANTS AND SCHOLARSHIP AWARDS ARE APPLIED DIRECTLY TO STUDENT ACCOUNTS AND NO FINANCIAL AID DOLLARS DESIGNATED FOR TUITION, BOOKS OR FEES ARE EVER HANDED TO THE RECIPIENTS OF THE GRANT.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Written Employment ContractYes (X)WrittenEmploymentContractInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonTROY SCHUKNECHTPersonNm
TitleHEAD OF SCHOOLTitleTxt
Base Compensation Filing Org$202,735BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$0BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$21,722OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$0DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$0NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$224,457TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BEACH BOARD MEMBER IS FURNISHED A COPY OF THE COMPLETED FORM 990 AND IS REQUIRED TO ACKNOWLEDGE RECEIPT AND REVIEW OF THE RETURN PRIOR TO FILING WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12CEACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH BOARD DELEGATED POWER SHALL SIGN A STATEMENT WHICH AFFIRMS THAT SUCH PERSON A)HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, B) HAS READ AND UNDERSTANDS THE POLICY, C)HAS AGREED TO COMPLY WITH THE POLICY, AND D) UNDERSTANDS THAT THE CORPORATION IS A CHARITABLE ORGANIZATION AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLIST ONE OR MORE OF ITS TAX-EXEMPT PURPOSES.
FORM 990, PART VI, SECTION B, LINE 15ATHE BOARD OF DIRECTORS SETS THE HEAD OF SCHOOL'S SALARY AFTER ANNUALLY REVIEWING THE PERFORMANCE OF THE HEAD OF SCHOOL, COMPARABLE DATA, AND THE OVERALL BUDGET. THERE ARE NO KEY EMPLOYEES OTHER THAN THE HEAD OF SCHOOL. THE HEAD OF SCHOOL PROPOSES SALARIES FOR TEACHERS AND STAFF BASED ON PERFORMANCE, COMPARABLE DATA AND THE ANNUAL BUDGET.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION WILL MAKE ITS GOVERNING DOCUMENTS AND BYLAWS AVAILABLE WHEN REQUESTED IN WRITING, THOSE REQUESTING THE DOCUMENTS MUST DISCLOSE WHO THEY ARE AND WITH WHOM THEY ARE ASSOCIATED ALONG WITH THE PURPOSE OF THE REQUEST. THE ORGANIZATION'S FORM 990 IS ALSO AVAILABLE AT WWW.GUIDESTAR.ORG.

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