Overview
What is Covenant Network?
Covenant Network is a nonprofit organization located in Saint Louis, Missouri, with a focus on spreading the Catholic faith. They achieve this primarily through the operation of seventeen full-power Catholic radio stations and twenty-six translator stations across various locations. Additionally, they distribute religious materials and utilize digital and social media platforms to further their mission. The organization, which employs approximately thirteen individuals, aims to reach a vast audience through their forty-three broadcast facilities, sharing and teaching the Catholic faith to listeners.
Official website here: www.ourcatholicradio.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Covenant Network has received a Three-Star rating from Charity Navigator, reflecting an overall score of 81% based entirely on its Accountability & Finance metrics. This score indicates a solid commitment to transparency and effective financial management, which is critical for building trust with donors and stakeholders.
The organization has excelled in various areas, such as having no material diversion of assets and maintaining a robust conflict of interest policy. Additionally, it demonstrates strong program expense efficiency, with 80.33% of its expenses directed toward its programs, showcasing its focus on fulfilling its mission. The presence of comprehensive policies for whistleblowing and document retention further bolsters its accountability framework.
While Covenant Network's rating suggests effective practices, the reliance on a single beacon score may limit the overall understanding of its impact. Future assessments could benefit from a broader evaluation of its programmatic outcomes and community engagement to provide a more holistic view of its effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Covenant Network legitimate?
Covenant Network is a legitimate nonprofit organization registered as a 501(c)(3) entity. Covenant Network 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: $156,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $490,967
For more financial information, click here
Official website here: www.ourcatholicradio.org
What is the mission statement of Covenant Network?
The Covenant Network's primary mission is to propagate and educate about the Catholic faith. They accomplish this mainly through broadcasting on radio, supplemented by the distribution of religious materials to a lesser extent. Additionally, they utilize digital and social media platforms to further spread their teachings. Their activities extend beyond radio broadcasting, encompassing the distribution of materials and leveraging digital and social media platforms. The reach of their broadcasts serves an unknown number of listeners across their 43 facilities.
Official website here: www.ourcatholicradio.org
What is the revenue of Covenant Network?
Covenant Network's revenue in 2024 was $2,112,963.
Official website here: www.ourcatholicradio.org
Who are the executives of Covenant Network and what are their salaries?
The average compensation at Covenant Network during 2024 was $53,914. There are 12 employees and 80 volunteers at Covenant Network.
Here are 3 key members and their salaries:
- Compensation: $82,803
- Related: $0
- Other: $1,532
- Compensation: $67,357
- Related: $0
- Other: $19,536
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.ourcatholicradio.org
Where can I find the form 990 for Covenant Network?
Covenant Network's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.ourcatholicradio.org
Learn more at the official website: www.ourcatholicradio.org
Mission Statement of Covenant Network
Covenant Network, a nonprofit organization, primarily seeks to disseminate and instill the Catholic faith among its audience. It achieves this mission primarily through the medium of radio broadcasts, serving as a spiritual guide for its listeners. In addition to radio, Covenant Network also extends its reach through the distribution of religious materials and utilization of digital and social media platforms. The organization operates a network of seventeen full-power Catholic radio stations and twenty-six translator stations, providing spiritual content to an unknown yet substantial number of listeners across several broadcast facilities. Beyond radio, Covenant Network also distributes religious materials and utilizes digital and social media platforms to share and teach the Catholic faith, extending its reach and impact beyond traditional broadcasting.
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Impact
July, 2024
Covenant Network's impact lies in its efforts to share and teach the Catholic faith primarily through radio broadcasting and the distribution of religious materials, as well as through digital and social media platforms. By operating seventeen full-power Catholic radio stations and twenty-six translator stations, Covenant Network reaches a large and diverse audience with its message. The organization serves an unknown number of listeners through its 43 broadcast facilities, spreading the teachings and values of the Catholic faith to individuals across different communities.
This information is meant to be a general summary of Covenant Network. 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 2024.
- Investment Income: $161,760
- Program Service Revenue: $67,150
- Gross Receipts: $2,130,372
Assets and Liabilities:
- Total Assets: $5,675,455
- Total Liabilities: $0
- Net Assets: $5,675,455
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ANNOUCEMENT INCOME
Revenue
$67,150
Organization Details
Founding Year
1996
Principal Officer
John A Holman
Website
www.ourcatholicradio.orgNTEE Category
Code: X21 - Religion related
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