nonprofit logo

Covenant College

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

EIN: 430719506 ✦ Lookout mountain, GA ✦ Designated as a 501(c)(3)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

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:


Craig Wood (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Wilkinson (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Robert Rayburn (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martin Moore (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Bill Barcley (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Bowser (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Howard Brown (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Caines (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Render Caines (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Curtis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Matt Fray (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Bradley Barnes (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Bradley Harris (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Alexander Brown (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Duncan Highmark (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Jenks (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Griggs (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Drew Jelgerhuis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Terrell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wills Ryan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Towner Scheffler (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Sligh (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sam R Smartt Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Kevin Smith (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Truschel (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr J Derek Halvorson (President)
  • Compensation: $282,529
  • Related: $0
  • Other: $23,977
Fred Verwoerd (Vp Operations & Finance, Cfo)
  • Compensation: $126,840
  • Related: $0
  • Other: $20,858
Marc Erickson (Vp For Development/Ccf Pres.)
  • Compensation: $199,906
  • Related: $0
  • Other: $19,596
Jeff Hall (Vp Of Academic Affairs)
  • Compensation: $133,760
  • Related: $0
  • Other: $24,912
Brad Voyles (Vp For Student Development)
  • Compensation: $123,030
  • Related: $0
  • Other: $20,895
Jeff Sandhoff (Major Gift Officer)
  • Compensation: $142,290
  • Related: $0
  • Other: $22,734
Troy Duble (Regional Director Of Development)
  • Compensation: $130,732
  • Related: $0
  • Other: $314
Marshall Rowe (Regional Director Of Development)
  • Compensation: $112,417
  • Related: $0
  • 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.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

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.

Revenue
$54,082,557 (2022)
Expenses
$51,842,194 (2022)
Efficiency

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

Want to help this charity, for free? You can click here to learn more about Give Freely

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

Principal Officer

Dr J Derek Halvorson

Main Address

14049 Scenic Highway, Lookout Mountain, GA, 30750

NTEE Category

Code: B420 - Education

If you are a representative of Covenant College and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.