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Covenant Academy

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

EIN: 300152850 ✦ Cypress, TX ✦ Designated as a 501(c)(3)

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Overview

What is Covenant Academy?

Covenant Academy, a nonprofit institution situated in Cypress, Texas, primarily functions as a classical Christian school catering to students from pre-K to 12th grade. With a student count of 152 in the 2021-2022 academic year, the school's mission revolves around serving Christ and His kingdom by sharing the gospel and collaborating with parents to educate students through scripture and the classical liberal arts. The educational approach incorporates student leadership development, with initiatives like student leadership classes, mentoring, and an active student council. Covenant Academy places emphasis on character development, offering programs such as dyslexia and dyscalculia intervention, motor labs, and a before and after school care (BASC) program for enrolled students from pre-K to 6th grade. The school's activities and mission are deeply rooted in their commitment to Christ, reflecting their purpose to train well-rounded individuals who are grounded in their faith.


Official website here: www.covenantcypress.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Stars)

Covenant Academy has received a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance with a score of 81%. This score indicates that the organization is well-managed and financially responsible, which is crucial for potential donors and stakeholders looking for transparency and effective use of funds.

One of the notable strengths of Covenant Academy is its board composition, with 100% of the board members being independent, which enhances governance and decision-making. The organization also demonstrates strong financial health, with a program expense ratio of 88.15%, indicating that a significant portion of expenses is directed toward its mission-driven programs rather than administrative costs.

Despite its strengths, the summary does not mention any specific areas for improvement, suggesting that Covenant Academy is performing well overall in terms of financial accountability and governance practices. This positive evaluation makes it a worthy consideration for donors seeking to support a responsible and effective nonprofit.


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

Is Covenant Academy legitimate?

Covenant Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Covenant Academy 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: $104,405
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,191,711

For more financial information, click here


Official website here: www.covenantcypress.org

What is the mission statement of Covenant Academy?

Covenant Academy, a classical Christian school, is dedicated to serving Christ and His kingdom. Its mission is to share the Gospel and collaborate with parents to educate students from pre-K to 12th grade using Scripture and the classical liberal arts. The school aims to train its students in a holistic manner, focusing on leadership development, which includes student leadership classes, mentoring, and an active student council. Covenant Academy also encourages its students to engage in academic societies, such as the National and Junior Honor Societies. Additionally, the school offers specialized programs, including dyslexia and dyscalculia intervention, motor labs, and a before and after school care program for students from pre-K to 6th grade.


Official website here: www.covenantcypress.org

Who is the CEO of Covenant Academy?

Michael Gaines is the President > of Covenant Academy.


Official website here: www.covenantcypress.org

What is the revenue of Covenant Academy?

Covenant Academy's revenue in 2022 was $1,973,572.


Official website here: www.covenantcypress.org

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

The average compensation at Covenant Academy during 2022 was $30,860. There are 42 employees and 50 volunteers at Covenant Academy.


Here are 11 key members and their salaries:


Michael Gaines (President >)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Grooms (Treasurer >)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Noell (Secretary >)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Brookes (Board Mbr >)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jackie Marquez (Board Mbr >)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leslie Collins (Head Of Scho)
  • Compensation: $81,234
  • Related: $0
  • Other: $28,025
Rob Grooms (President <)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Austin (Treasurer <)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Ellis (Secretary <)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Gaines (Board Mbr <)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Noell (Board Mbr 2/)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.covenantcypress.org

Where can I find the form 990 for Covenant Academy?

Covenant Academy's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.covenantcypress.org

Learn more at the official website: www.covenantcypress.org

Mission Statement of Covenant Academy

Covenant Academy, a classical Christian school, is dedicated to serving Christ and His kingdom. Its mission is twofold: firstly, to share the gospel, and secondly, to partner with parents to educate pre-K to 12th grade students using scripture and the classical liberal arts. The school aims to instill a strong spiritual foundation in its students while also providing a well-rounded academic education.

To achieve this mission, Covenant Academy incorporates various methods. It offers student leadership development programs, including student leadership classes, mentoring, and an active student council. This encourages students to develop leadership skills and take an active role in their own education. Additionally, the school encourages academic excellence by participating in both the National and Junior Honor Societies.

Furthermore, Covenant Academy provides special interventions for students who may struggle with learning, such as dyslexia and dyscalculia intervention. It also offers motor labs and a before and after school care (BASC) program for students from pre-K through 6th grade. This comprehensive approach ensures that every student has the opportunity to learn and grow in a supportive environment.

In summary, Covenant Academy is a school that is deeply committed to its Christian mission. It strives to provide a holistic education that nurtures the spiritual, academic, and social development of its students, ensuring they are well-prepared to serve Christ and His kingdom in their future endeavors.

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Impact




October, 2024

Covenant Academy profoundly influences its community by providing a classical Christian education that emphasizes spiritual, intellectual, and personal development for students from pre-K through 12th grade. By integrating Scripture with the classical liberal arts, Covenant Academy equips students with a strong moral foundation and critical thinking skills, preparing them for both academic success and responsible citizenship.

With a student body of 152 as of the 2021-2022 school year, the academy fosters strong partnerships with parents, ensuring that the values taught at school are reinforced at home. The inclusion of student leadership classes and mentorship programs promotes leadership skills, while active participation in honor societies encourages academic excellence.

Covenant Academy also addresses diverse learning needs through specialized interventions for dyslexia and dyscalculia, demonstrating a commitment to inclusivity. The provision of motor labs and a before-and-after school care program further enhances the learning environment for younger students.

Through these initiatives, Covenant Academy not only educates but nurtures a generation that is grounded in faith, equipped to lead, and dedicated to serving their communities.




This information is meant to be a general summary of Covenant Academy. 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
$1,973,572 (2022)
Expenses
$2,155,148 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,759
  • Program Service Revenue: $1,756,808
  • Gross Receipts: $1,997,656

Assets and Liabilities:

  • Total Assets: $3,150,156
  • Total Liabilities: $657,709
  • Net Assets: $2,492,447

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Programs

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

TUITION AND FEES

Revenue

$1,656,204

PROGRAMS AND ACTIVITIES

Revenue

$100,451

LUNCH RECEIPTS

Revenue

$153

Organization Details

Founding Year

2003

Principal Officer

Michael Gaines

Main Address

11711 TELGE ROAD, CYPRESS, TX, 77429

NTEE Category

Code: B24 - Education

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