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Covenant Classical School

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

EIN: 561969559 ✦ Concord, NC ✦ Designated as a 501(c)(3)

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Overview

What is Covenant Classical School?

Covenant Classical School is a nonprofit institution situated in Concord, North Carolina, primarily focused on offering educational services from the primary to secondary levels. As a comprehensive educational organization, it caters to both elementary and secondary students, providing them with a well-rounded educational experience.


Official website here: www.covenantclassical.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

Covenant Classical School received a rating of two stars from Charity Navigator, indicating a need for improvement in various areas of accountability and finance. The organization scored 66% overall, reflecting some strengths but significant weaknesses, particularly in board independence where there are no independent members. This lack of independent oversight raises concerns about governance practices.

Despite these challenges, the school demonstrates a good commitment to financial health with a strong liabilities to assets ratio of 38.96% and a program expense ratio of 76.50%, which suggests that a substantial portion of their resources is directed toward their programs. They have also established essential policies regarding conflicts of interest and whistleblower protections, signifying an awareness of governance best practices.

However, the absence of independent board members and the failure to post tax forms on their website detract from their accountability score. These factors contribute to the overall need for improvement in transparency and governance, which are critical for fostering trust with stakeholders and the community at large.


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

Is Covenant Classical School legitimate?

Covenant Classical School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Covenant Classical School 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: $1,251,680

For more financial information, click here


Official website here: www.covenantclassical.org

What is the mission statement of Covenant Classical School?

Covenant Classical School is committed to delivering primary and secondary education. As an educational organization, its mission is to provide a learning environment that caters to both elementary and secondary students. While the provided information does not include a specific mission statement, it is implied that the school aims to foster education and learning in a structured and age-appropriate manner. However, without explicit details, it is challenging to provide a more comprehensive summary.


Official website here: www.covenantclassical.org

Who is the CEO of Covenant Classical School?

Russ Lejeune is the Board Director of Covenant Classical School.


Official website here: www.covenantclassical.org

What is the revenue of Covenant Classical School?

Covenant Classical School's revenue in 2023 was $2,138,530.


Official website here: www.covenantclassical.org

Who are the executives of Covenant Classical School and what are their salaries?

The average compensation at Covenant Classical School during 2023 was $21,959. There are 57 employees at Covenant Classical School.


Here are 8 key members and their salaries:


Chris Hill (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Russ Lejeune (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Crawford (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laurie Thigpen (Former Head Of School)
  • Compensation: $43,547
  • Related: $0
  • Other: $3,331
Jane Dearing (Board Director)
  • Compensation: $1,435
  • Related: $0
  • Other: $110
Patrick Dagenhart (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Arensmen (Former Head Of School)
  • Compensation: $76,748
  • Related: $0
  • Other: $5,871
Dawn Russell (Head Of School)
  • Compensation: $49,720
  • Related: $0
  • Other: $3,804


Official website here: www.covenantclassical.org

Where can I find the form 990 for Covenant Classical School?

Covenant Classical School's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.covenantclassical.org

Learn more at the official website: www.covenantclassical.org

Mission Statement of Covenant Classical School

Covenant Classical School is dedicated to the provision of primary and secondary education. As an educational organization, its mission is to serve students at both the elementary and secondary levels. Situated in Concord, NC, this institution is committed to offering a comprehensive educational experience. The school's focus is on delivering quality education, contributing to the intellectual and personal growth of its students.

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Impact




July, 2024

Covenant Classical School has a significant impact on the education sector in Concord, NC. Through its primary and secondary education programs, the school plays a crucial role in shaping the minds and character of young students. By providing a classical education grounded in rigorous academics and strong values, Covenant Classical School equips its students with the knowledge and skills necessary for success in higher education and beyond. The school's mission to provide quality education has a lasting impact on the development of its students, preparing them to become well-rounded individuals capable of making a positive contribution to society.




This information is meant to be a general summary of Covenant Classical School. 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
$2,138,530 (2023)
Expenses
$2,067,402 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: -$12,931
  • Program Service Revenue: $1,992,730
  • Gross Receipts: $2,154,760

Assets and Liabilities:

  • Total Assets: $4,509,354
  • Total Liabilities: $1,757,260
  • Net Assets: $2,752,094

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Programs

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

TUITION AND REGISTRATI

Revenue

$1,847,216

BOOK CHARGES

Revenue

$60,541

Organization Details

Founding Year

1996

Principal Officer

Russ Lejeune

Main Address

3200 PATRICK HENRY DRIVE NW, CONCORD, NC, 28027

NTEE Category

Code: B20Z - Education

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