2019-05-09T15:36:53-05:00 2018-06-30 363990892 Capin Crouse LLP 972 Emerson Parkway STE A Greenwood IN 46143 990 2017-07-01 351957191 Covenant Christian Schools of Indianapolis Inc COVE 3173900202 7525 W 21st St Indianapolis IN 462142239 Claudette B Pickens Assistant Treasurer 3173900202 2019-05-09 1 Ted R Batson Jr P00721951 3178852620 139.146.132.42 2019-05-09 16:36:49 ED P 49F1A104B7356211C74F5F0EBB19BF5D87CEA4A3 DFC357842FFE4B7DCEB1B0C22B45D069C995EA34 2017 2019-02-21 02:37:17Z Covenant Christian High School Andy Goodwin 7525 W 21st St Indianapolis IN 462142239 5293274 0 X www.covenantchristian.org X 1995 IN Christ-centered education equipping students for a life of scholarship, leadership & service 10 10 108 320 0 0 268245 539026 4324885 4673308 0 8122 -5481 11167 4587649 5231623 450942 692440 0 0 2813210 3017026 0 0 307057 1827208 1925252 5091360 5634718 -503711 -403095 2755854 2273208 605874 526323 2149980 1746885 X The School's objective is to provide an excellent, Christ-centered education, equipping students for a life of scholarship, leadership, and service. 0 0 4699675 692440 4681717 Covenant Christian Schools of Indianapolis, Inc. (School) is a nonprofit religious/educational organization whose objective is to provide an excellent, Christ-centered education, equipping students for a life of scholarship, leadership and service. In a city filled with outstanding school choices, Covenant's distinction hinges on three major aspects: our teachers, our curriculum and our commitment to serve the Indianapolis community. Our credo summarizes these ideas well, "minds enlightened, hearts inflamed, lives transformed". Vital to a Covenant education, our teachers live out this motto as they strive to both enlighten students' minds and inflame their hearts in an effort to transform their lives. Teachers are committed to helping these students flourish as complete human beings, mentoring them in and out of school. In the classroom students are trained to think critically and ask questions about all of life, from music to mathematics, art to archeology. Covenant challenges students to not only understand their world, but to engage that world and impact it. The School is a member of Indiana Non-Public Education Association and Association of Christian Schools International (ACSI). The School is accredited by the ACSI, Advanced Ed, and by the Indiana Department of Education as an Indiana Freeway School.The school provided education to 345 domestic and 7 international students during the 2017-2018 school year. 4699675 1 1 0 0 0 0 0 0 0 1 1 0 1 0 1 0 1 0 1 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 94 0 1 108 1 0 0 0 0 0 1 1 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IN X Claudette B Pickens 3173900202 7525 W 21st St Indianapolis IN 462142239 Daniel Egenolf Board President 4.00 X X 0 0 0 Rich Harcourt Board Treasurer 2.00 X X 0 0 0 Matt Heuss Board Secretary 1.00 X X 0 0 0 Roc Byrd Board Member 1.00 X 0 0 0 Ifen Donovan Board Member 1.00 X 0 0 0 John Owens Board Member 1.00 X 0 0 0 Justin Fuller Board Member 1.00 X 0 0 0 Max Hudspeth Board Member 1.00 X 0 0 0 Michael Twyman Board Member 1.00 X 0 0 0 Abby McDonough Board Member 1.00 X 0 0 0 Stanton T Bryan Sr Assistant Treasurer 40.00 X 66353 0 15066 Andy Goodwin CEO and Principal 40.00 X 79252 0 13333 145605 0 28399 0 0 0 0 0 1035 107863 430128 1075 539026 Tuition & fees 611710 4322512 4322512 Auxiliary revenue 611710 350796 350796 4673308 8122 8122 20741 107863 17983 2758 2758 52077 43668 8409 8409 5231623 4681717 0 10880 692440 692440 196310 152400 29316 14594 2376795 1825177 359799 191819 34861 28586 4836 1439 236607 194019 32821 9767 172453 132411 26339 13703 100 100 25071 25071 45369 45369 93400 46700 46700 72841 69199 3642 281605 267525 14080 2632 2454 178 12588 9212 3276 100 326 310 16 515339 489572 25767 43561 34849 8712 Athletics 266434 266434 Instructional expenses 224656 224656 Student activities 196073 196073 Music trip 18121 18121 127136 49537 1964 75635 5634718 4699675 627986 307057 602348 511546 228115 228261 856 53628 18822 25915 11130 4350 5265 30327 25945 9740771 8619761 1574438 1121010 236733 350373 2755854 2273208 181947 187500 393427 296900 19719 30500 22204 605874 526323 X 1712047 1212020 201200 184492 236733 350373 2149980 1746885 2755854 2273208 -403095 0 X X 0 1 X 1 0 X 271039 192531 200757 268245 539026 1471598 271039 192531 200757 268245 539026 1471598 98864 1372734 9029 8347 503 8122 26001 42916 37283 27801 28137 20741 156878 1654477 22614498 0.82970 X Schedule A, Part II: The organization is a school as described under 170(b)(1)(A)(ii) and is not required to complete a public support schedule. Schedule A, Part II is completed to verify the School can qualify under public charity status section 170(b)(1)(A)(vi) and, therefore, qualifies to use the first listed special rule for Schedule B reporting. 236733 110000 3640 350373 235593 1140 236733 135090 100000 503 235593 135076 14 135090 135060 16 135076 1.00000 0 0 351434 351434 8336800 7701930 634870 869131 777529 91602 183406 140302 43104 1121010 Endowment assets 350373 C 350373 Deposits 22204 22204 4557166 17983 17983 4539183 692440 692440 5231623 4960261 17983 17983 4942278 692440 692440 5634718 Part V, Line 4: School's endowment fund consists of five individual funds established for specific purposes- teacher fellowship award, student financial assistance, and graduating student in math or science. Part XI, Line 2d - Other Adjustments: Fundraising expenses 17,983. Part XI, Line 4b - Other Adjustments: Financial assistance 692,440. Part XII, Line 2d - Other Adjustments: Fundraising expenses 17,983. Part XII, Line 4b - Other Adjustments: Financial assistance 692,440. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 A statement of the racial non-discrimination policy is included as a student admissions policy and is required to be in all the school's publications and is viewable on the website. Schedule E, Part I, Line 6 Covenant participates in the Indiana Choice Scholarship program and receives School Choice vouchers for qualified students. Covenant Celebrates 99640 96940 2700 2121 5425 Fine Arts Pizza Fundraiser 16854 16854 4911 1 10923 10923 4416 127417 107863 19554 2121 14752 16873 2681 1 Financial Aid 143 633675 Scholarships 29 58765 Part I, Line 2: Families apply for financial aid through FACTS Tuition Aid, an independent organization. FACTS analyzes the submitted information and makes a financial aid recommendation to the school. Based on the recommendation from FACTS, the budgeted aid for the school is allocated amongst the applicants by the financial aid committee. After receiving the initial award, a family has the option of submitting a written appeal to the financial aid committee for additional aid. The appeal letters are reviewed by the committee and additional aid is awarded if the situation warrants such a decision. Once financial aid is finalized and accepted by the family, the grant is credited to the student's account. No cash changes hands. All full time status employees are eligible for student financial aid assistance. This benefit is documented in the employee benefit manual. Students also submit applications for scholarships as part of the financial aid program. The applications with required references are reviewed by the Scholarship Committee who then grants awards to the successful applicants. No cash changes hands as the scholarships are credited to the student's account. Form 990, Part VI, Section A, line 1 The Executive Committee is composed of the Board President, Secretary, and at least two Directors. The Committee has the authority of the Board of Directors in the management and business of the Corporation between meetings of the Board of Directors. The Committee meets and decides on critical issues in those occasions when Board action is required. The Committee documents actions taken and presents them for ratification to the full Board at its next meeting. Form 990, Part VI, Section B, line 11b Form 990 was prepared by an independent CPA firm and reviewed in detail by top management. After top management review, the Finance and Audit Committee reviewed and approved Form 990. The return was then distributed electronically to all board members prior to filing with the IRS. Form 990, Part VI, Section B, line 12c All officers and directors annually complete conflict of interest statements. The Executive Committee of the Board reviews the signed statements and monitors any interests that could give rise to conflicts. Should any potential conflicts of interest be disclosed, the director or officer would be asked to refrain from participation in any decision with regard to matters affected by the relationship. Form 990, Part VI, Section B, line 15 Independent Board members serving on the board's finance committee determined the CEO's compensation using comparability data based on local private secondary schools. This process is documented. The CEO, who is independent of the Assistant Treasurer, determined his compensation based upon comparabiltiy data. This process is also documented. The process is repeated on an annual basis for the upcoming school year. Form 990, Part VI, Section C, line 19 The school's governing documents, conflict of interest policy and financial statements are available to the public upon request. Form 990, Page 11, Part XII, Line 1: The financial statements of the School have been prepared on the basis of accounting used for income tax reporting. This basis differs from generally accepted accounting principles (GAAP) primarily because the School has established a replacement reserve and a obsolescence reserve for major asset replacement. Form 990, Part XII, Line 2c The organization's Audit Committee assumes responsibility for oversight of the audit of its financial statements and selection of its independent accountant. This process has not changed since the prior year.