Covenant Academy

Organization Overview

Covenant Academy is located in Crossville, TN. The organization was established in 2007. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 05/2024, Covenant Academy employed 107 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Covenant Academy is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 05/2024, Covenant Academy generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 11.7% each year . All expenses for the organization totaled $1.5m during the year ending 05/2024. While expenses have increased by 11.1% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2024

Describe the Organization's Mission:

Part 3 - Line 1

ELEMENTARY AND HIGH SCHOOL EDUCATION

Describe the Organization's Program Activity:

Part 3 - Line 4a

WE HAVE STUDENTS ENROLLED IN OUR CLASSES THAT RANGE FROM PRE-K THROUGH GRADE 12. ALL OF OUR EFFORTS HAVE BEEN CENTERED AROUND PROVIDING THESE CHILDREN AN ACADEMICALLY EXCELLENT EDUCATION AS WELL AS A STRONG CHRISTIAN ATMOSPHERE WITH BIBLICAL TEACHING WOVEN INTO EVERY ASPECT OF THEIR EDUCATION IN ORDER TO PRODUCE THE MOST GODLY, INTELLIGENT, WELL PREPARED STUDENTS POSSIBLE.


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Board, Officers & Key Employees

Name (title)Compensation
Kim Wattenbarger
Principal
$41,425
Kelly Dechristofaro
Secretary
$30,562
Daniel Patterson
Director
$0
Doug Reid
Treasurer
$0
Adam Singh
Director
$0
Bob Tolich
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $96,672
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$96,672
Total Program Service Revenue$1,406,831
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $34,520
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,538,023

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