Covenant Partner
- Assets
- $1.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cary, NC
- Founding
- 08/2016
- Data as of
- 12/2022
- EIN
- 81-3501669
Organization Overview
Covenant Partner is located in Cary, NC. The organization was established in 2016. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Covenant Partner 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 12/2022, Covenant Partner generated $45.6k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.4% each year . All expenses for the organization totaled $44.5k during the year ending 12/2022. While expenses have increased by 10.0% per year over the past 6 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
MAILED OUT BIBLES TO MAILING LISTS FOR EVANGELISM PURPOSES. BOUGHT BIBLE STUDY MATERIALS TO ASSIST YOUTH GROUP AND ORGANIZED EVENTS TO HELP THE YOUTH GROW IN THEIR KNOWLEDGE OF CHRIST. PROVIDED ASSISTANCE TO STRUGGLING FAMILIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Olumide Olurinmade President | 1 | $0 | |
Tayo Martins Treasurer | 1 | $0 | |
Olusegun Fakeye Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $45,575 |
| 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 | $45,575 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $44,547 |
| Total expenses | $44,547 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,085 |
| Other assets | $0 |
| Total assets | $1,085 |
| Total liabilities | $0 |
| Net assets or fund balances | $1,085 |