Overview
What is Covenant Kids Inc?
Covenant Kids Inc is a nonprofit organization based in Arlington, Texas. They focus on providing a safe and nurturing family environment for at-risk children in need by placing them into approved foster homes. The organization, which employed 293 individuals in 2022, offers financial assistance and resources to foster families to ensure the children's basic and therapeutic needs are met. Covenant Kids Inc's mission is to enhance the physical, emotional, and spiritual well-being of these children and families, united through their faith. In 2022, they worked with 375 foster families and cared for 780 children.
Official website here: www.ckfamilyservices.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Covenant Kids Inc has received a solid Three-Star rating from Charity Navigator, reflecting its overall accountability and financial health. The organization has demonstrated strong governance with 75% of its board members being independent, and it has policies in place for conflicts of interest and whistleblower protections, which enhances transparency and trustworthiness.
Financially, Covenant Kids Inc shows impressive metrics, including a high program expense ratio of 96.28%, indicating that a significant portion of its funds is directed towards its mission-related activities. The organization maintains a low liabilities to assets ratio of 24.60%, suggesting good financial stability and management of resources.
While the overall score is commendable, there may be areas for improvement in terms of outreach and visibility, as the rating does not capture user feedback on service delivery or community impact. Nevertheless, the financial and governance indicators present a positive picture of Covenant Kids Inc's operations.
This AI summary has been generated from information found on Charity Navigator.
Is Covenant Kids Inc legitimate?
Covenant Kids Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Covenant Kids 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: $578,967
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,616,799
For more financial information, click here
Official website here: www.ckfamilyservices.org
What is the mission statement of Covenant Kids Inc?
Covenant Kids Inc is a non-profit organization dedicated to enhancing the physical, emotional, and spiritual well-being of at-risk children and families. Through a network of approved foster homes, they provide a safe, loving, and structured environment for children in need. The foster care program, a key aspect of their mission, places children into caring foster homes and offers monetary supplements and resources for daily maintenance. In 2022, Covenant Kids Inc worked with 375 foster families, providing support for 780 children. United through a shared commitment to God, the organization aims to create a nurturing environment where children can grow and experience love while their families receive essential assistance.
Official website here: www.ckfamilyservices.org
Who is the CEO of Covenant Kids Inc?
Karen Lund is the Ed/Pres/Dir. of Covenant Kids Inc.
Official website here: www.ckfamilyservices.org
What is the revenue of Covenant Kids Inc?
Covenant Kids Inc's revenue in 2022 was $24,117,439.
Official website here: www.ckfamilyservices.org
Who are the executives of Covenant Kids Inc and what are their salaries?
The average compensation at Covenant Kids Inc during 2022 was $31,385. There are 293 employees and 6 volunteers at Covenant Kids Inc.
Here are 12 key members and their salaries:
- Compensation: $201,826
- Related: $0
- Other: $8,187
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $197,159
- Related: $0
- Other: $6,023
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $153,012
- Other: $8,075
- Compensation: $126,035
- Related: $0
- Other: $6,975
- Compensation: $105,450
- Related: $0
- Other: $5,609
- Compensation: $125,352
- Related: $0
- Other: $12,359
Official website here: www.ckfamilyservices.org
Where can I find the form 990 for Covenant Kids Inc?
Covenant Kids Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ckfamilyservices.org
Learn more at the official website: www.ckfamilyservices.org
Mission Statement of Covenant Kids Inc
Covenant Kids Inc, a dedicated organization, strives to provide a nurturing and supportive environment for at-risk children to grow, mature, and experience the love of God. The mission of this esteemed nonprofit is to unite people through divine intervention and enhance the physical, emotional, and spiritual well-being of vulnerable children and families.
Through the Covenant Kids Foster Care Program, the organization places children in need into approved foster homes and offers basic and therapeutic foster care to ensure a child's well-being thrives within a family setting. Covenant Kids Inc empowers foster families by providing monetary supplements and essential resources for daily maintenance. In the year 2022, this compassionate organization collaborated with 375 dedicated foster families, caring for a remarkable 780 children.
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Impact
October, 2024
Covenant Kids Inc significantly impacts the lives of at-risk children and families by creating a supportive and nurturing environment. The organization focuses on providing stable and loving foster care placements, ensuring that children in need have the opportunity to grow, mature, and experience unconditional love within a family setting.
In 2022, Covenant Kids worked with 375 foster families and helped 780 children, highlighting its extensive reach and the critical role it plays in the community. By supplying foster families with monetary supplements and additional resources, the program enhances the overall well-being of these children, focusing on their physical, emotional, and spiritual needs.
Through its dedicated approach, Covenant Kids Inc fosters unity among people, encouraging a community that uplifts and supports vulnerable children and families. The organization's mission centers on creating a positive, transformative impact, ensuring that each child has the opportunity to thrive in a safe, structured, and loving environment.
This information is meant to be a general summary of Covenant Kids 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 2022.
- Investment Income: $2,619
- Program Service Revenue: $22,976,679
- Gross Receipts: $24,135,687
Assets and Liabilities:
- Total Assets: $8,832,707
- Total Liabilities: $2,173,152
- Net Assets: $6,659,555
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FOSTER PROGRAM
Revenue
$12,379,273
MENTAL HEALTH SERVICES
Revenue
$5,947,958
KINSHIP/FAP
Revenue
$2,409,631
POST ADOPTION SERVICES
Revenue
$1,659,096
ADOPTION REVENUE
Revenue
$472,100
Organization Details
Founding Year
2000
Phone
(817) 516-9100Principal Officer
Karen Lund
Main Address
PO BOX 182732, ARLINGTON, TX, 76096
Website
www.ckfamilyservices.orgNTEE Category
Code: P31 - Human services
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