Covenant Network

Organization Overview

Covenant Network is located in Saint Louis, MO. The organization was established in 1997. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. As of 04/2023, Covenant Network employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Covenant Network 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 04/2023, Covenant Network generated $1.7m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.0% each year. All expenses for the organization totaled $1.7m during the year ending 04/2023. While expenses have increased by 6.9% per year over the past 5 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

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO SHARE AND TEACH THE CATHOLIC FAITH PRIMARILY THROUGH RADIO AND TO A LESSER EXTENT, DISTRIBUTION OF RELIGIOUS MATERIALS AND DIGITAL AND SOCIAL MEDIA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

OPERATING EXPENSES FOR SEVENTEEN FULL POWER CATHOLIC RADIO STATIONS AND TWENTY-SIX TRANSLATOR STATIONS WHICH ARE PART OF THE ORGANIZATION AND TO A LESSER EXTENT DISTRIBUTION OF MATERIALS AND DIGITAL AND SOCIAL MEDIA TO SHARE AND TEACH THE CATHOLIC FAITH. UNKNOWN NUMBER OF LISTENERS SERVED FOR 43 BROADCAST FACILITIES.


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Board, Officers & Key Employees

Name (title)Compensation
John A Holman
General Manager
$81,762
Teresa Holman
Assistant Manager/developm
$65,276
Tammy Keppner
Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,609,995
Noncash contributions included in lines 1a–1f $19,550
Total Revenue from Contributions, Gifts, Grants & Similar$1,609,995
Total Program Service Revenue$78,325
Investment income $23,804
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$14
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,712,322

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