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Nonprofiteer
← COVENANT SCHOOL INC

Form 990 for tax year 2022

Filed by COVENANT SCHOOL INC.

Totals

Total revenue
$15,896,967
Total expenses
$14,756,713
Contributions and grants received
$1,318,860
Grants paid
$2,888,585
Program service revenue
$14,429,245
Investment income
$3,604
Other revenue
$145,258
Total assets, end of year
$15,683,412
Total liabilities, end of year
$7,305,175
Net assets or fund balances, end of year
$8,378,237
Program services expenses (Part IX)
$12,689,490
Management and general expenses
$1,783,445
Fundraising expenses
$283,778
Program service expenses (Part III)
$12,689,490

Program services were 86.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • MR BRADLEY R BAGGETT

    HEAD OF SCHOOL

    Total calculated
    $175,240
    From this org
    $136,613
    From related orgs
    $0
    Other
    $38,627
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $136,613
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $38,627
    Filer's total
    $175,240

  • MR FRANK BERRY

    CFO/COO

    Total calculated
    $226,658
    From this org
    $197,042
    From related orgs
    $0
    Other
    $29,616
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $197,042
    Bonus
    $0
    Other
    $0
    Deferred
    $10,980
    Nontaxable benefits
    $18,636
    Filer's total
    $226,658

  • MRS WENDY HILL

    DIRECTOR OF ACCOUNTING

    Total calculated
    $113,346
    From this org
    $107,975
    From related orgs
    $0
    Other
    $5,371
    Hours/week
    45

  • MR WILLIAM FULKERSON

    CHAIR

    Total calculated
    $0
    Hours/week
    10

  • MRS POLLY LAWSON

    SECRETARY

    Total calculated
    $0
    Hours/week
    4

  • MR ROBERT WOOD

    TREASURER

    Total calculated
    $0
    Hours/week
    4

  • MR JEFF BLOXSOM

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • MRS NANCY BRIGGS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • MR ERIC HEINSOHN

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    4

  • MRS SARAH HUTCHINSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • MR AJ KINCEL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • MR STEVEN LUCK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • MR PIERRE POINDEXTER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • MR JUSTIN SMITH

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • MR JAY TAGGART

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • MRS DANIELLE WILCOX

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Independent compensation consultant
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • THE COVENANT ENDOWMENT FUND

    501(C)(3) · RECEIPT AND MANAGEMENT OF ENDOWED FUNDS TO SUPPORT THE COVENANT SCHOOL · VA · controlled entity

    Directly controlled by THE COVENANT SCHOOL

Provenance

Return type
form_990
Tax year
2022
Filed
26 March 2024
IRS schema version
2022v5.0
Source object
202430889349300328

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