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New 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: 431226560 ✦ Springfield, MO ✦ Designated as a 501(c)(3)

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Overview

What is New Covenant Academy?

New Covenant Academy is a nonprofit organization situated in Springfield, Missouri, specifically at 3304 South Cox Road. Their primary focus is on providing comprehensive Christian education to students from kindergarten through the 12th grade. With a team of 169 dedicated individuals, they are committed to shaping the lives of young learners with a strong faith-based foundation. The academy's mission is deeply ingrained in its activities, aiming to deliver a holistic Christian education experience.


Official website here: www.newcovenant.net

What are the reviews and ratings of this charity?

Charity Navigator Rating 88% - Three-Star out of Four Star Rating

New Covenant Academy has earned a Three-Star rating from Charity Navigator, reflecting strong accountability and finance practices. The organization showcases a commendable level of oversight, with an independent board consisting entirely of independent members and excellent financial management indicated by a low liabilities to assets ratio. The program expense ratio of 86.40% suggests that a significant portion of their expenses is directed towards programs rather than administrative costs.

Despite these strengths, there are some notable limitations in their governance policies. The absence of a whistleblower policy and a document retention and destruction policy raises concerns about internal transparency and the safeguarding of organizational integrity. Furthermore, the nonprofit has not posted its tax form on its website, which could limit transparency regarding its financial activities.

Overall, while New Covenant Academy demonstrates effective financial management and a strong commitment to accountability, addressing the missing governance policies could enhance its overall performance and public trust.


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

What do the Facebook reviews say about New Covenant Academy?

94% of the 62 reviewers on Facebook recommend New Covenant Academy. Many parents highlight the excellent teaching quality and personalized attention that their children receive at this institution.

The positive sentiment reflects a strong appreciation for the dedicated educators who strive to foster an engaging learning environment. Families feel that their children are well-prepared academically, and they value the support and guidance provided to students.

Overall, the reviews suggest a high level of satisfaction with the educational offerings and the commitment of the Academy to ensure a positive experience for students and their families.


This AI summary has been generated from reviews found on Facebook.

Is New Covenant Academy legitimate?

New Covenant Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. New 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,243,334

For more financial information, click here


Official website here: www.newcovenant.net

What is the mission statement of New Covenant Academy?

New Covenant Academy is committed to delivering Christian education to children from grades K-12. Their mission encompasses providing an educational environment that fosters spiritual growth alongside academic development. The institution strives to cater to the educational needs of students from kindergarten to the 12th grade, enriching their lives with a faith-based curriculum.


Official website here: www.newcovenant.net

Who is the CEO of New Covenant Academy?

Rev Matt Martin is the Chairman of New Covenant Academy.


Official website here: www.newcovenant.net

What is the revenue of New Covenant Academy?

New Covenant Academy's revenue in 2022 was $6,849,347.


Official website here: www.newcovenant.net

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

The average compensation at New Covenant Academy during 2022 was $19,191. There are 169 employees and 350 volunteers at New Covenant Academy.


Here are 14 key members and their salaries:


Stephen Guidry (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Searson (Chief Academ)
  • Compensation: $86,421
  • Related: $0
  • Other: $8,648
Marlys Schoenwetter (Chief Financ)
  • Compensation: $75,799
  • Related: $0
  • Other: $21,814
Kelly Sorci (Secretary)
  • Compensation: $34,906
  • Related: $0
  • Other: $7,840
Dustin Hemsworth (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Hill (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Matt Martin (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bay Mourer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Tayo Obafemi-Ajayi (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Miller (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Ward (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lance Wiley (Vice Chairma)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Vickie Wisdom (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Corbin Vandewege (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.newcovenant.net

Where can I find the form 990 for New Covenant Academy?

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


Official website here: www.newcovenant.net

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

Mission Statement of New Covenant Academy

New Covenant Academy, a nonprofit institution, is committed to providing Christian education for children from kindergarten through the 12th grade. The organization's primary mission is to shape the minds and spirits of young learners, imparting them with values and knowledge rooted in Christian principles. The Academy's curriculum aims to foster intellectual growth, moral development, and spiritual nurture, ensuring a holistic education for its students.

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Impact




July, 2024

New Covenant Academy has a significant impact on the education sector by providing Christian education for children in grades K-12. Through its mission to offer academic excellence within a Christian framework, the academy helps students develop spiritually, academically, and personally. By instilling strong values and a sense of community, New Covenant Academy plays a vital role in shaping the next generation of leaders who are equipped to make a positive impact on society.




This information is meant to be a general summary of New 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
$6,849,347 (2022)
Expenses
$5,471,558 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$35,336
  • Program Service Revenue: $5,410,321
  • Gross Receipts: $6,990,244

Assets and Liabilities:

  • Total Assets: $23,781,428
  • Total Liabilities: $7,850,305
  • Net Assets: $15,931,123

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Programs

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

STUDENT FEES AND TUITIONS

Revenue

$4,950,824

SCHOOL LUNCHES

Revenue

$344,792

STUDENT ACTIVITY REVENUE

Revenue

$57,943

EXTENDED CARE

Revenue

$49,012

ATHLETIC BANNER

Revenue

$7,750

Organization Details

Founding Year

1980

Principal Officer

Rev Matt Martin

Main Address

3304 SOUTH COX ROAD, SPRINGFIELD, MO, 65807

NTEE Category

Code: B20 - Education

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