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Covenant Grace Christian Academy Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 275271849 ✦ Lake charles, LA ✦ Designated as a 501(c)(3)

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Overview

What is Covenant Grace Christian Academy Inc?

Covenant Grace Christian Academy Inc, based in Lake Charles, Louisiana, is a nonprofit organization with a strong focus on providing a faith-based education. Their mission is to inspire students to strengthen their relationship with God and foster a lifelong love for learning. Through their activities, they aim to equip students with the skills to discern, reason, and defend religious beliefs. The academy brings parents and teachers together in this shared endeavor. With a team of 15 dedicated individuals, they work tirelessly to achieve their objectives.


Official website here: www.covenantgraceacademy.net

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

Covenant Grace Christian Academy Inc has received a Two-Star out of Four Star rating from Charity Navigator, with an overall score of 73%. This rating indicates that while the organization has some strengths, there are significant areas needing improvement, particularly in accountability and financial transparency. The academy has a solid independent board composition, which reflects well on its governance structure.

The organization boasts a high program expense ratio of 81.59%, suggesting that a substantial portion of its funds is directed towards its programs. Additionally, it has demonstrated responsible asset management with a low liabilities to assets ratio of 0.14%. However, the absence of critical financial statements and policies, such as a whistleblower policy and document retention guidelines, raises concerns about transparency and accountability.

While Covenant Grace Christian Academy Inc shows strong governance and program funding, the lack of essential financial documentation and governing policies may hinder trust and effectiveness. Addressing these deficiencies could help enhance its overall rating and better serve its mission.


This AI summary has been generated from information found on Charity Navigator.

Is Covenant Grace Christian Academy Inc legitimate?

Covenant Grace Christian Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Covenant Grace Christian Academy Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $35,773
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.covenantgraceacademy.net

What is the mission statement of Covenant Grace Christian Academy Inc?

The mission of Covenant Grace Christian Academy Inc. is centered around discipling students. This is accomplished by equipping them with essential tools to discern, reason, and defend the Truth of Jesus Christ. The academy's primary objective is to offer a Christ-centered education that fosters a deepened relationship with God and a lifelong love for learning. Parents and teachers work together in this mission, inspiring students to grow both spiritually and intellectually.


Official website here: www.covenantgraceacademy.net

Who is the CEO of Covenant Grace Christian Academy Inc?

Dana Hebert is the Treasurer of Covenant Grace Christian Academy Inc.


Official website here: www.covenantgraceacademy.net

What is the revenue of Covenant Grace Christian Academy Inc?

Covenant Grace Christian Academy Inc's revenue in 2023 was $3,169,168.


Official website here: www.covenantgraceacademy.net

Who are the executives of Covenant Grace Christian Academy Inc and what are their salaries?

The average compensation at Covenant Grace Christian Academy Inc during 2023 was $2,385. There are 15 employees at Covenant Grace Christian Academy Inc.


Here are 4 key members and their salaries:


Marla Pennick (Treasurer)
  • Compensation: $33,231
  • Related: $0
  • Other: $0
Melicia Coleman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dana Hebert (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Bertrand (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.covenantgraceacademy.net

Where can I find the form 990 for Covenant Grace Christian Academy Inc?

Covenant Grace Christian Academy Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.covenantgraceacademy.net

Learn more at the official website: www.covenantgraceacademy.net

Mission Statement of Covenant Grace Christian Academy Inc

Covenant Grace Christian Academy, a nonprofit institution, is dedicated to the mission of nurturing its students. This mission revolves around equipping the pupils with the essential skills for discerning, reasoning, and defending the Truth of Jesus Christ, their Lord and Savior. The academy strives to achieve this objective by providing a Christ-focused educational environment. This environment encourages collaboration between parents and teachers, with the shared goal of fostering a profound relationship with God in the students, while simultaneously igniting a lifelong passion for learning. By imparting spiritual and intellectual tools, Covenant Grace Christian Academy aims to shape its students into individuals who are not only well-versed in their faith but also possess a deep-rooted love for knowledge.

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Impact




October, 2024

Covenant Grace Christian Academy Inc significantly impacts its community by providing a Christ-centered education that fosters both academic excellence and spiritual growth. By equipping students with the tools to discern, reason, and defend their faith, the Academy empowers them to build a deep relationship with God. This commitment inspires students not only to pursue knowledge but also to develop a lifelong love for learning, enabling them to navigate the complexities of life with a solid foundation rooted in Christian values. Furthermore, the partnership between parents and teachers creates a unified approach to education, cultivating an environment where students thrive spiritually and intellectually. In Lake Charles, Louisiana, the Academy serves as a beacon of hope, creating well-rounded individuals who are prepared to contribute positively to society.




This information is meant to be a general summary of Covenant Grace Christian Academy Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$3,169,168 (2023)
Expenses
$453,984 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $317,661
  • Gross Receipts: $3,169,168

Assets and Liabilities:

  • Total Assets: $2,888,140
  • Total Liabilities: $4,172
  • Net Assets: $2,883,968

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

School Operations

Revenue

$317,661

Organization Details

Founding Year

2011

Principal Officer

Dana Hebert

Main Address

2110 E McNeese Street, Lake Charles, LA, 70607

NTEE Category

Code: B20 - Education

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