Overview
What is Covenant Christian Academy?
Covenant Christian Academy is a non-profit institution situated in Mcallen, Texas. Primarily, it operates as a school, offering educational programs in the field of School Operations. Its focus is on providing elementary and secondary education to its students. As a non-profit entity, it is committed to serving the community and contributing to the overall development of its students.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Covenant Christian Academy has received a two-star rating from Charity Navigator, indicating that the organization requires improvement in various areas of accountability and finance. While the organization has a strong independent board, comprising 100% independent members, and demonstrates a commendable program expense ratio of 95.21%, several critical policy documents are notably absent, which negatively impacts its overall score.
One of the main areas of concern is the lack of essential governance policies, such as a conflict of interest policy, whistleblower policy, and document retention policy. The organization also did not provide its financial statements in an accessible format, nor is there a website listed on its tax form, which raises transparency issues. These missing components hinder the organization’s accountability and can diminish donor confidence.
Despite these limitations, Covenant Christian Academy does show strength in its financial management, with a favorable liabilities to assets ratio of 19.64%. However, to improve its rating and donor trust, the organization needs to address its governance shortcomings and enhance transparency by making necessary documents readily available.
This AI summary has been generated from information found on Charity Navigator.
Is Covenant Christian Academy legitimate?
Covenant Christian Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Covenant Christian 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: $1,104,013
For more financial information, click here
What is the mission statement of Covenant Christian Academy?
Covenant Christian Academy operates as a non-profit institution, focusing on providing educational programs primarily for elementary and secondary students. Its mission, in essence, is to contribute to the development of young minds within the framework of a school environment. The academy aims to offer a comprehensive education, serving as a reliable source of support for students and their families. Its activities are centered around the operational aspects of a school, working towards fostering an atmosphere conducive to learning.
Who is the CEO of Covenant Christian Academy?
Rudy Beltran is the President of Covenant Christian Academy.
What is the revenue of Covenant Christian Academy?
Covenant Christian Academy's revenue in 2023 was $2,534,324.
Who are the executives of Covenant Christian Academy and what are their salaries?
The average compensation at Covenant Christian Academy during 2023 was $16,985. There are 65 employees and 35 volunteers at Covenant Christian Academy.
Here are 8 key members and their salaries:
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Where can I find the form 990 for Covenant Christian Academy?
Covenant Christian Academy's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Covenant Christian Academy
Covenant Christian Academy, as a non-profit organization, is dedicated to the operation of a school. Its mission is centered around providing educational programs, specifically for elementary and secondary students. The academy operates under the organizational type of a school, offering a comprehensive learning environment for its students. By doing so, Covenant Christian Academy seeks to contribute positively to the education sector, playing a role in shaping the future of its students.
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Impact
July, 2024
Covenant Christian Academy has a significant impact on the community by providing quality elementary and secondary education in McAllen, TX. Its focus on School Operations ensures that students receive a well-rounded education that prepares them for future success. By offering programs in a nonprofit setting, Covenant Christian Academy contributes to the educational development of students in the area and helps shape the future leaders of tomorrow.
This information is meant to be a general summary of Covenant Christian 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $21,481
- Program Service Revenue: $1,763,372
- Gross Receipts: $2,655,873
Assets and Liabilities:
- Total Assets: $5,077,141
- Total Liabilities: $997,819
- Net Assets: $4,079,322
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
1 - Student Fees
Revenue
$1,751,728
2 - Student Activity Fees
Revenue
$205
3 - After School Care
Revenue
$11,439
Organization Details
Founding Year
1995
Phone
(956) 686-7886Principal Officer
Rudy Beltran
Main Address
4201 N WARE RD, MCALLEN, TX, 78504
NTEE Category
Code: B200 - Education
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