Overview
What is Covenant College?
Covenant College is a nonprofit institution located at 14049 Scenic Highway, Lookout Mountain, GA, 30750, with a total workforce of 945 employees. The College offers a diverse range of academic programs, including about thirty majors, two master's degrees, and over fifty minors and concentrations. Their mission is to provide Christ-centered higher educational services, focusing on the exploration and expression of Jesus Christ's preeminence in all areas of life. They aim to help students develop a strong identity in Christ, establish a Biblical frame of reference, and engage in Christ-like service. Instructional expenses encompass academic disciplines, providing approximately 900 students with a well-rounded liberal arts education, preparing them for various careers or advanced degrees in fields such as theology, medicine, business, art, music, engineering, education, psychology, international relations, and more.
Official website here: www.covenant.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Covenant College has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a high score of 96%, the organization demonstrates a commitment to transparency and effective financial management, which is crucial for donor trust and support.
One of the standout features of Covenant College is its governance structure, featuring a board with 100% independent members and a comprehensive set of policies, including conflict of interest and whistleblower protections. These elements contribute to its robust oversight capabilities, ensuring that the organization operates with integrity and secures its assets effectively.
Despite its commendable financial health, it is worth noting that while the program expense ratio is high at 86.71%, potential donors may want to inquire further into the specifics of program delivery and impact. Overall, Covenant College presents itself as a responsible and well-managed entity within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Covenant College legitimate?
Covenant College is a legitimate nonprofit organization registered as a 501(c)(3) entity. Covenant College 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: $679,617
Professional Fundraising Fees: $0
Other Salaries and Wages: $14,105,490
For more financial information, click here
Official website here: www.covenant.edu
What is the mission statement of Covenant College?
Covenant College is dedicated to delivering Christ-centered higher education. Its mission is threefold: to examine and express the supremacy of Jesus Christ in all aspects of life, to educate Christians to engage with culture and various cultures, and to help students grow in identity, Biblical understanding, and service that reflects Christ's love. The community at Covenant College fosters a strong relationship between students and faculty while emphasizing quality teaching and scholarship. The primary goal is to help students mature spiritually, intellectually, and socially in a Christ-centered environment.
Official website here: www.covenant.edu
Who is the CEO of Covenant College?
Dr J Derek Halvorson is the President of Covenant College.
Official website here: www.covenant.edu
What is the revenue of Covenant College?
Covenant College's revenue in 2022 was $54,082,557.
Official website here: www.covenant.edu
Who are the executives of Covenant College and what are their salaries?
The average compensation at Covenant College during 2022 was $15,646. There are 945 employees and 25 volunteers at Covenant College.
Here are 33 key members and their salaries:
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- Other: $12,791
Official website here: www.covenant.edu
Where can I find the form 990 for Covenant College?
Covenant College's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.covenant.edu
Learn more at the official website: www.covenant.edu
Mission Statement of Covenant College
Covenant College, a Christ-centered educational institution, strives to provide a nurturing environment where students can delve deeper into the preeminence of Jesus Christ in all aspects of life. The college is committed to fostering the exploration and expression of Christ's supremacy in academics, culture, and personal development.
Covenant College pursues this mission by helping students develop a strong identity in Christ. This spiritual foundation is achieved through a deepening understanding of their faith and its application to their daily lives. Students are encouraged to engage with diverse cultures, examining creation and unfolding its mysteries from a biblical perspective. Moreover, the college fosters an environment of biblical justice and mercy, where students, faculty, and staff build a community that reflects the love and compassion of Christ.
In addition to fostering spiritual growth, Covenant College places a significant emphasis on high-quality education. The strong teaching and scholarship at its core are designed to challenge students intellectually, preparing them for a lifetime of learning and service. The college's community fosters a unique student-faculty relationship, where students are encouraged to grow not only academically but also personally. This holistic approach to education empowers students to make a difference in the world and to pursue their passions with a strong foundation in their faith.
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Impact
October, 2024
Covenant College plays a significant role in shaping the lives of its students through a Christ-centered liberal arts education. With approximately thirty majors, two master's programs, and over fifty minors and concentrations, the college equips nearly 900 students with a well-rounded academic foundation that prepares them for diverse career paths and advanced studies in fields such as theology, medicine, business, art, music, engineering, education, psychology, and international relations.
The college's mission centers on exploring and expressing the preeminence of Jesus Christ in all aspects of life. It actively engages students in understanding culture and promoting biblical justice and mercy within a supportive community characterized by strong teaching and scholarship. Covenant College fosters maturity in its students by emphasizing their identity in Christ, nurturing a biblical worldview, and encouraging Christ-like service. Through these efforts, the college significantly impacts both individual lives and the broader community, cultivating leaders who are prepared to engage thoughtfully with the world around them.
This information is meant to be a general summary of Covenant College. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $3,297,193
- Program Service Revenue: $41,403,736
- Gross Receipts: $56,224,279
Assets and Liabilities:
- Total Assets: $101,474,646
- Total Liabilities: $3,250,181
- Net Assets: $98,224,465
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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
$32,116,816
Auxiliary enterprises
Revenue
$7,487,245
Independent operations
Revenue
$1,643,720
Organization Details
Founding Year
1955
Phone
(706) 820-1560Principal Officer
Dr J Derek Halvorson
Main Address
14049 Scenic Highway, Lookout Mountain, GA, 30750
Website
www.covenant.eduNTEE Category
Code: B420 - Education
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