Covenant Journey Inc
- Assets
- $18.9k
- Revenue
- $766.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Orlando, FL
- Founding
- 07/2016
- Data as of
- 06/2018
- EIN
- 47-4018783
Organization Overview
Covenant Journey Inc is located in Orlando, FL. The organization was established in 2016. According to its NTEE Classification (X90) the organization is classified as: Interfaith Coalitions, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Covenant Journey Inc 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 06/2018, Covenant Journey Inc generated $766.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (10.4%) each year. All expenses for the organization totaled $798.8k during the year ending 06/2018. As we would expect to see with falling revenues, expenses have declined by (8.6%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2018
Describe the Organization's Mission:
Part 3 - Line 1
OPERATION OF THE COVENANT JOURNEY IMMERSIVE TOUR AND EDUCATIONAL PROGRAM IN ISRAEL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
(SEE SCHEDULE O FOR DESCRIPTION.)THE ORGANIZATION'S PRIMARY ACTIVITY IS THE OPERATION OF THE COVENANT JOURNEY IMMERSIVE TOUR AND EDUCATIONAL PROGRAM ("THE TOUR") IN ISRAEL. THE TOUR PROVIDES PARTICIPANTS WITH A SPIRITUALLY ENRICHING EXPERIENCE THAT DEEPENS AND STRENGTHENS THEIR CHRISTIAN FAITH AND EQUIPS PARTICIPANTS TO UNDERSTAND AND APPRECIATE THE UNIQUE ROLE OF ISRAEL IN BIBLICAL HISTORY AS WELL AS ITS UNIQUE PRESENT AND FUTURE SIGNIFICANCE. THE PROGRAM PROVIDES ABOUT 60-HOURS OF ONSITE EDUCATION.THE TOUR IS UNLIKE ANY OTHER, AS IT IS DESIGNED SPECIFICALLY TO MOTIVATE PARTICIPANTS WHO HAVE LEADERSHIP POTENTIAL TO DISCOVER AND AFFIRM THEIR CHRISTIAN FAITH AND IDENTITY THROUGH AN EXPERIENTIAL JOURNEY AND EDUCATIONAL EXPERIENCE OF BIBLICAL, HISTORIC, AND MODERN ISRAEL, PROVIDING PARTICIPANTS WITH THE ABILITY TO DEVELOP A GREATER UNDERSTANDING AND APPRECIATION OF ISRAEL'S BIBLICAL SIGNIFICANCE AND BECOME ADVOCATES FOR ISRAEL AND THE JEWISH PEOPLE. STUDENTS FROM OVER 300 COLLEGES AND UNIVERSITIES HAVE PARTICIPATED INCLUDING CHRISTIAN, PRIVATE, PUBLIC, AND IVY LEAGUE SCHOOLS.THE ORGANIZATION MAINTAINS A CONTINUED RELATIONSHIP WITH PARTICIPANTS IN ORDER TO FOSTER CONTINUED SPIRITUAL GROWTH AND EDUCATION. THE ORGANIZATION ALSO PROVIDES NETWORKING AND INTERNSHIP OPPORTUNITIES FOR FORMER PARTICIPANTS IN THE UNITED STATES, ISRAEL, AND AROUND THE WORLD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mathew Staver President/chairman | OfficerTrustee | 15 | $0 |
Candice Mcguire Secretary/director | OfficerTrustee | 0.1 | $0 |
Anita Staver Director | Trustee | 10 | $0 |
Art Ally Director | Trustee | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $667,058 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $20,947 |
| Noncash contributions included in lines 1a–1f | $509,433 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $688,005 |
| Total Program Service Revenue | $78,000 |
| 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 | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $766,005 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,150 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $23,664 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,965 |
| All other expenses | $767,011 |
| Total functional expenses | $798,790 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,927 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $18,927 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Unrestricted restricted net Assets | $18,927 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $18,927 |