Overview
What is Covenant Academy Florida Inc?
Covenant Academy Florida Inc, located at 5495 PARK BLVD N, Pinellas Park, FL 33781, is a private, Christian educational institution. Operating under Section 501(C)3 of the Internal Revenue Code 1986, its purpose is multi-faceted. It encourages parental involvement in their children's education, fosters a love for learning, instills a biblical worldview, and cultivates Christ-like character through academic diligence. The academy aims to prepare students for higher education and model a Christian lifestyle, ultimately enabling students to establish a genuine relationship with Christ. With a dedicated workforce of 20 individuals, Covenant Academy Florida Inc is committed to educating students in a faith-based environment.
Official website here: www.covenantacademyfl.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69% (Two-Star out of Four Star rating)
Covenant Academy Florida Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. With a score of 69%, the organization demonstrates strengths in areas such as having a fully independent board and a high program expense ratio of 98.73%. This suggests that most of its funds are directed towards its programs, which is a positive indicator of its operational focus on achieving its mission.
However, the organization has notable weaknesses, primarily due to the absence of several key policies, including a conflict of interest policy and a whistleblower policy. These omissions could raise concerns regarding governance and transparency, which are critical for maintaining donor trust and organizational integrity. While the charity's liabilities to assets ratio is low at 4.44%, the missing policies highlight areas for improvement.
Overall, while Covenant Academy Florida Inc shows strong financial management and a commitment to its mission through program expenditures, the lack of essential governance policies may detract from its overall effectiveness and accountability. Addressing these gaps could enhance its credibility and performance in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Covenant Academy Florida Inc legitimate?
Covenant Academy Florida Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Covenant Academy Florida Inc 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: $438,329
For more financial information, click here
Official website here: www.covenantacademyfl.org
What is the mission statement of Covenant Academy Florida Inc?
Covenant Academy Florida Inc's mission is centered around partnering with parents to instill in students a passion for God, the development of Christian character, and the pursuit of wisdom. This private educational institution, operating under Section 501(C)3 of the Internal Revenue Code, encourages parental involvement in their children's education. The school seeks to foster a love for learning in its students and instill a biblical worldview. It also aims to cultivate Christ-like character through academic diligence, prepare students for higher education, and model a Christian lifestyle to inspire students to establish a genuine relationship with Christ.
Official website here: www.covenantacademyfl.org
Who is the CEO of Covenant Academy Florida Inc?
Kira Wilson is the Director of Covenant Academy Florida Inc.
Official website here: www.covenantacademyfl.org
What is the revenue of Covenant Academy Florida Inc?
Covenant Academy Florida Inc's revenue in 2023 was $810,465.
Official website here: www.covenantacademyfl.org
Who are the executives of Covenant Academy Florida Inc and what are their salaries?
The average compensation at Covenant Academy Florida Inc during 2023 was $21,916. There are 20 employees at Covenant Academy Florida Inc.
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.covenantacademyfl.org
Where can I find the form 990 for Covenant Academy Florida Inc?
Covenant Academy Florida Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.covenantacademyfl.org
Learn more at the official website: www.covenantacademyfl.org
Mission Statement of Covenant Academy Florida Inc
Covenant Academy Florida Inc, as a private Christian school, is dedicated to collaborating with parents in nurturing a deep-seated passion for God, fostering Christian character, and encouraging the pursuit of wisdom in its students. The organization's mission is multifaceted, aiming to promote parental involvement in their children's education, instill a love for learning, and instill a biblical worldview in students. Furthermore, Covenant Academy Florida Inc strives to cultivate Christ-like character through academic diligence, prepare students for higher education, and serve as a model of the Christian life. This, in turn, aims to facilitate a genuine relationship with Christ for the students.
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Impact
July, 2024
Covenant Academy Florida Inc's impact lies in partnering with parents to cultivate in students a passion for God, Christian character, and pursuit of wisdom. This private Christian school not only provides education but also instills a love for learning and a biblical worldview in its students. By focusing on academic diligence, preparing students for college, and modeling the Christian life, Covenant Academy aims to help students develop a genuine relationship with Christ. Through their mission, they contribute to the holistic development of students and promote parental involvement in education.
This information is meant to be a general summary of Covenant Academy Florida Inc. 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 2023.
- Program Service Revenue: $423,559
- Gross Receipts: $810,465
Assets and Liabilities:
- Total Assets: $645,378
- Total Liabilities: $28,713
- Net Assets: $616,665
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM INCOME
Revenue
$423,559
Organization Details
Principal Officer
Kira Wilson
Main Address
5495 PARK BLVD N, PINELLAS PARK, FL, 33781
Website
www.covenantacademyfl.orgNTEE Category
Code: B20 - Education
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