Covenant Ministries Inc is located in Fort Worth, TX. The organization was established in 1992. According to its NTEE Classification (X20) the organization is classified as: Christianity, 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 Ministries 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 06/2023, Covenant Ministries Inc generated $40.7k 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 (22.4%) each year. All expenses for the organization totaled $41.3k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROVIDED TRAINING FOR THOSE CALLED TO HELP PEOPLE APPLY THE WORD OF GOD TO THE ISSUE OF LIFE. TEACHING THE WORD OF GOD IN VARIOUS FORUMS SO THAT PEOPLE WILL UNDERSTAND HOW TO LIVE GODLY LIVES. COUNSELING FOR INDIVIDUALS AND FAMILIES. CONSULTATION WITH CHURCH LEADERSHIP TO HELP THEM BUILD STRONG CHURCHES THROUGH DISCIPLESHIP.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
William L Hines President | 20 | $6,130 | |
Lawrence W Fuller Director | 0 | $0 | |
Chad Draper Director | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $40,746 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $40,746 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $14,474 |
Professional fees and other payments to independent contractors | $11,498 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $15,327 |
Total expenses | $41,299 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $168 |
Other assets | $0 |
Total assets | $168 |
Total liabilities | $0 |
Net assets or fund balances | $168 |