Southwest Covenant Schools Incorporated is located in Yukon, OK. The organization was established in 1983. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 06/2022, Southwest Covenant Schools Incorporated employed 128 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southwest Covenant Schools Incorporated 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 06/2022, Southwest Covenant Schools Incorporated generated $5.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $4.6m during the year ending 06/2022. While expenses have increased by 10.0% per year over the past 7 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
CLASSROOM EDUCATION IN A NON-DENOMINATIONAL CHRISTIAN ENVIRONMENT FOR STUDENTS IN PRE-KINDERGARTEN THROUGH GRADE 12.
Describe the Organization's Program Activity:
TO PROVIDE A NON DENOMINATIONAL CHRISTIAN LEARNING ENVIRONMENT FOR STUDENTS IN PRE-K THROUGHT GRADE 12.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jonathan Hinkle Member | Trustee | 0 | $0 |
Chris Allen Treasurer | Trustee | 0 | $0 |
Chelsea Wyckoff Member | Trustee | 0 | $0 |
Aaron Roark Member | Trustee | 0 | $0 |
Stacy Webb Moderator | Trustee | 0 | $0 |
Shonn Carmack Vice-Moderator | Trustee | 0 | $0 |
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 | $404,186 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $404,186 |
Total Program Service Revenue | $4,791,058 |
Investment income | $26,171 |
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 | $5,250,002 |
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 | $2,257,435 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $157,639 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $5,045 |
Office expenses | $25,683 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $277,071 |
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 | $365,777 |
Insurance | $0 |
All other expenses | $269,532 |
Total functional expenses | $4,593,414 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,079,129 |
Savings and temporary cash investments | $5,088,672 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $2,140,444 |
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 | $14,609 |
Net Land, buildings, and equipment | $8,198,356 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $16,521,210 |
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 | $2,208,500 |
Total liabilities | $2,208,500 |
Net assets without donor restrictions | $13,317,593 |
Net assets with donor restrictions | $995,117 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $16,521,210 |
Over the last fiscal year, we have identified 2 grants that Southwest Covenant Schools Incorporated has recieved totaling $970,808.
Awarding Organization | Amount |
---|---|
Servant Foundation Overland Park, KS PURPOSE: EDUCATION | $970,700 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $108 |
Organization Name | Assets | Revenue |
---|---|---|
Heritage Hall Oklahoma City, OK | $29,893,924 | $20,863,460 |
United States Deputy Sheriffs Association Inc Wichita, KS | $2,971,599 | $19,654,227 |
Austin Trinity School Austin, TX | $48,197,793 | $16,908,197 |
Arlington Classics Academy Arlington, TX | $32,317,939 | $15,087,121 |
Texas Coalition For Animal Protection Fort Worth, TX | $9,140,859 | $14,917,183 |
Covenant Knights School Dallas, TX | $65,440,145 | $15,652,987 |
Compass Academy Charter School Inc Odessa, TX | $45,382,353 | $13,322,993 |
Oklahoma Connections Academy Inc Bartlesville, OK | $2,156,539 | $12,078,246 |
Denver Scholarship Foundation Denver, CO | $33,817,323 | $13,999,484 |
Leadership Prep School Frisco, TX | $24,409,285 | $12,471,078 |
Arkansas Public School Resource Center Inc Little Rock, AR | $6,340,415 | $12,760,504 |
Mission Interests Committee Harrison, AR | $10,271,501 | $13,233,204 |