Skip to content
Nonprofiteer
← COVENANT CHRISTIAN SCHOOLS OF INDIANAPOLIS INC

Form 990 for tax year 2024

Filed by COVENANT CHRISTIAN SCHOOLS OF INDIANAPOLIS INC.

Totals

Total revenue
$7,266,639
Total expenses
$7,001,322
Contributions and grants received
$600,447
Grants paid
$448,009
Program service revenue
$6,406,242
Investment income
$319,102
Other revenue
-$59,152
Total assets, end of year
$9,213,775
Total liabilities, end of year
$1,064,698
Net assets or fund balances, end of year
$8,149,077
Program services expenses (Part IX)
$5,776,503
Management and general expenses
$887,787
Fundraising expenses
$337,032
Program service expenses (Part III)
$5,776,503

Program services were 82.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $2,750

  • 1e · Government grants (contributions)

    $148,810

  • 1f · All other contributions, gifts and grants

    $448,887

  • 1g · Noncash contributions included above

    $2,545

  • 2a · Program service revenue: TUITION & FEES

    total $6,041,846 · related or exempt $6,041,846

  • 2b · Program service revenue: AUXILIARY REVENUE

    total $364,396 · related or exempt $364,396

  • 3 · Investment income

    total $320,560 · excluded $320,560

  • 7a · Gross sales of assets other than inventory

    other assets $1,000

  • 7b · Less cost or other basis and sales expenses

    other assets $2,458

  • 7c · Gain or loss

    other assets -$1,458

  • 7d · Net gain or loss

    total -$1,458 · excluded -$1,458

  • 8a · Fundraising events: gross income

    $0

  • 8a · Fundraising events: contributions included on line 1c

    $2,750

  • 8b · Fundraising events: direct expenses

    $59,152

  • 8c · Net income from fundraising events

    total -$59,152 · excluded -$59,152

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $448,009 · program services $448,009

  • 5 · Compensation of officers, directors and key employees

    total $348,336 · program services $279,702 · management and general $50,999 · fundraising $17,635

  • 7 · Other salaries and wages

    total $3,321,833 · program services $2,667,316 · management and general $486,338 · fundraising $168,179

  • 8 · Pension plan contributions

    total $59,804 · program services $47,758 · management and general $8,638 · fundraising $3,408

  • 9 · Other employee benefits

    total $204,489 · program services $163,148 · management and general $27,995 · fundraising $13,346

  • 10 · Payroll taxes

    total $271,310 · program services $216,665 · management and general $40,660 · fundraising $13,985

  • 11b · Fees: legal

    total $3,730 · management and general $3,730

  • 11c · Fees: accounting

    total $37,545 · management and general $37,545

  • 11e · Fees: professional fundraising services

    total $16,250 · fundraising $16,250

  • 11g · Fees: other

    total $256,328 · program services $204,698 · management and general $37,022 · fundraising $14,608

  • 12 · Advertising and promotion

    total $68,628 · management and general $68,628

  • 13 · Office expenses

    total $118,980 · program services $59,490 · management and general $59,490

  • 14 · Information technology

    total $143,162 · program services $138,117 · management and general $5,045

  • 16 · Occupancy

    total $429,981 · program services $409,269 · management and general $20,712

  • 17 · Travel

    total $6,337 · program services $6,020 · management and general $317

  • 19 · Conferences, conventions and meetings

    total $13,478 · program services $6,739 · management and general $6,739

  • 22 · Depreciation, depletion and amortization

    total $407,222 · program services $386,861 · management and general $20,361

  • 23 · Insurance

    total $44,156 · program services $35,325 · management and general $8,831

  • 24a · Other expenses: INSTRUCTIONAL EXPENSES

    total $258,101 · program services $258,101

  • 24b · Other expenses: ATHLETICS SUPPLIES

    total $153,715 · program services $153,715

  • 24c · Other expenses: STUDENT ACTIVITIES

    total $132,998 · program services $132,998

  • 24e · All other expenses

    total $256,930 · program services $162,572 · management and general $4,737 · fundraising $89,621

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $499,366 · end of year $189,563

  • 2 · Savings and temporary cash investments

    beginning of year $1,645,375 · end of year $2,616,566

  • 3 · Pledges and grants receivable

    beginning of year $1,358,212

  • 4 · Accounts receivable

    beginning of year $10,928 · end of year $18,210

  • 9 · Prepaid expenses and deferred charges

    beginning of year $216,511 · end of year $180,906

  • 10a · Land, buildings and equipment: cost or other basis

    $12,225,158

  • 10b · Land, buildings and equipment: accumulated depreciation

    $7,157,757

  • 10c · Land, buildings and equipment, net

    beginning of year $4,835,209 · end of year $5,067,401

  • 11 · Investments: publicly traded securities

    beginning of year $29,816 · end of year $540,245

  • 12 · Investments: other securities

    beginning of year $390,272 · end of year $498,666

  • 15 · Other assets

    beginning of year $64,506 · end of year $102,218

  • 17 · Accounts payable and accrued expenses

    beginning of year $663,584 · end of year $614,652

  • 19 · Deferred revenue

    beginning of year $482,862 · end of year $405,379

  • 25 · Other liabilities

    beginning of year $19,989 · end of year $44,667

  • 27 · Net assets without donor restrictions

    beginning of year $7,216,293 · end of year $7,223,903

  • 28 · Net assets with donor restrictions

    beginning of year $667,467 · end of year $925,174

Mission and programs · 2024

Mission

THE SCHOOL'S OBJECTIVE IS TO PROVIDE AN EXCELLENT, CHRIST-CENTERED EDUCATION, EQUIPPING STUDENTS FOR A LIFE OF SCHOLARSHIP, LEADERSHIP, AND SERVICE.

Activities or mission (Part I)

CHRIST-CENTERED EDUCATION EQUIPPING STUDENTS FOR A LIFE OF SCHOLARSHIP, LEADERSHIP & SERVICE.

  • COVENANT CHRISTIAN SCHOOLS OF INDIANAPOLIS, INC. (SCHOOL) IS A NONPROFIT RELIGIOUS/EDUCATIONAL ORGANIZATION WHOSE OBJECTIVE IS TO PROVIDE AN EXCELLENT, CHRIST-CENTERED EDUCATION, EQUIPPING STUDENTS FOR A LIFE OF SCHOLARSHIP, LEADERSHIP AND SERVICE. IN A CITY FILLED WITH OUTSTANDING SCHOOL CHOICES, COVENANT'S DISTINCTION HINGES ON THREE MAJOR ASPECTS: OUR TEACHERS, OUR CURRICULUM AND OUR COMMITMENT TO SERVE THE INDIANAPOLIS COMMUNITY. OUR CREDO SUMMARIZES THESE IDEAS WELL, "MINDS ENLIGHTENED, HEARTS INFLAMED, LIVES TRANSFORMED". VITAL TO A COVENANT EDUCATION, OUR TEACHERS LIVE OUT THIS MOTTO AS THEY STRIVE TO BOTH ENLIGHTEN STUDENTS' MINDS AND INFLAME THEIR HEARTS IN AN EFFORT TO TRANSFORM THEIR LIVES. (CONTINUED ON SCHEDULE O)TEACHERS ARE COMMITTED TO HELPING THESE STUDENTS FLOURISH AS COMPLETE HUMAN BEINGS, MENTORING THEM IN AND OUT OF SCHOOL. IN THE CLASSROOM STUDENTS ARE TRAINED TO THINK CRITICALLY AND ASK QUESTIONS ABOUT ALL OF LIFE, FROM MUSIC TO MATHEMATICS, ART TO ARCHEOLOGY. COVENANT CHALLENGES STUDENTS TO NOT ONLY UNDERSTAND THEIR WORLD, BUT TO ENGAGE THAT WORLD AND IMPACT IT. THE SCHOOL IS A MEMBER OF INDIANA NON-PUBLIC EDUCATION ASSOCIATION AND ASSOCIATION OF CHRISTIAN SCHOOLS INTERNATIONAL (ACSI). THE SCHOOL RECEIVED THE DESIGNATION OF EXEMPLARY ACCREDITATION BY THE ACSI ON MARCH 10, 2022 AND IS ALSO ACCREDITED BY ADVANCED ED, AND BY THE INDIANA DEPARTMENT OF EDUCATION AS AN INDIANA FREEWAY SCHOOL.THE SCHOOL PROVIDED EDUCATION TO 391 (FT) AND 1 (PT) DOMESTIC AND 3 (FT) AND 0 (PT) INTERNATIONAL STUDENTS DURING THE 2024-2025 SCHOOL YEAR.

    Expenses $5,776,503 · Grants $448,009 · Revenue $6,406,242

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Michael Twyman

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    4

  • Matt Heuss

    BOARD SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Max Hudspeth

    BOARD TREASURER

    Total calculated
    $0
    Hours/week
    4

  • Anastasia Sturm

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Brent Freeman

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Javier Calderon

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Lisa Coleman

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Mark Swearingen

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Erin Anderson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Andrew Goodwin

    PRESIDENT

    Total calculated
    $147,179
    From this org
    $130,733
    From related orgs
    $0
    Other
    $16,446
    Hours/week
    40

  • Donald Fishburn

    CHIEF OPERATING OFFICER

    Total calculated
    $115,472
    From this org
    $102,446
    From related orgs
    $0
    Other
    $13,026
    Hours/week
    40

  • Julie Foust

    ASSISTANT TREASURER

    Total calculated
    $70,914
    From this org
    $68,965
    From related orgs
    $0
    Other
    $1,949
    Hours/week
    40

  • Brad Spencer

    DIRECTOR OF TECHNOLOGY

    Total calculated
    $124,757
    From this org
    $100,719
    From related orgs
    $0
    Other
    $24,038
    Hours/week
    40

  • Matt Maudlin

    ADVANCEMENT DIRECTOR

    Total calculated
    $109,876
    From this org
    $100,357
    From related orgs
    $0
    Other
    $9,519
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
6 April 2026
IRS schema version
2024v5.5
Source object
202630969349300623

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.