COVENANT CHILDREN'S HOME INC (EIN 050526445) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2002

Legal Domicile

Principal Officer

AVIS M CRAIG

Phone

3524892565

Tax Period

2024-01-01 to 2024-12-31

COVENANT CHILDREN'S HOME INC, founded in 2002, is a micro nonprofit in the Human Services sector that reported $83K in total revenue in fiscal year 2024. Revenue fell 119% from the prior year — a significant decline worth monitoring.

Mission

COVENANT CHILDRENS HOME IS TO PROVIDE A RESIDENCE, FOOD AND CLOTHING PLUS A CONTINUUM OF CARE INCLUDING PHYSICAL, EMOTIONAL, AND SPIRITUAL NURTURING FOR NEGLECTED, ABANDONED OR ABUSED CHILDREN.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $46,061

Program Service Revenue $113,767

Investment Income $-242,544

Other Revenue $0

TOTAL REVENUE $-82,716

Expense Breakdown

Grants Paid $0

Salaries & Benefits $86,081

Fundraising Expenses $0

Program Expenses $185,260

Other Expenses $164,219

TOTAL EXPENSES $250,300

Year-over-Year Comparison

	2024	2023	Change
Revenue	$-82,716	$438,528	-1.2%
Expenses	$250,300	$348,387	-0.3%
Net Income	$-333,016	$90,141	-4.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RILEY SMITH	CHAIR	1.00	Officer Director	$0	$0	$0
LESTER HILLIARD	VICE CHAIR	1.00	Officer Director	$0	$0	$0
AVIS MARIE CRAIG	TREASURER	1.00	Officer Director	$0	$0	$0
MARK CANOVA	SECRETARY	1.00	Officer Director	$0	$0	$0
OTTO K HABEDANK	BOARD MEMBER	1.00	Director	$0	$0	$0
RANDE WATSON	BOARD MEMBER	1.00	Director	$0	$0	$0
AMANDA CUMMINS	BOARD MEMBER	1.00	Director	$0	$0	$0
DANIEL WATSON	BOARD MEMBER	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	$-82,716	$250,300	$1,386,960	$-333,016
2023	$438,528	$348,387	$1,686,483	$90,141
2022	$228,077	$325,490	$1,599,240	$-97,413
2022	No data	No data	No data	No data
2021	No data	No data	No data	No data
2020	$1,011,368	$360,272	$1,755,201	$651,096
2019	$244,790	$265,224	$1,102,906	$-20,434
2018	$401,288	$259,284	$1,122,799	$142,004

COVENANT CHILDREN'S HOME INC