COVENANT CHRISTIAN ACADEMY OF WARRENTON VIRGINIA

EIN: 261195258 501(c)(3) Education

WARRENTON, VA

Total Revenue
$2,946,289
Total Expenses
$2,718,602
Total Assets
$4,061,844
Net Assets
$1,327,672
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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
VA
Principal Officer
KEITH MCCULLOUGH
Phone
5712377565
Tax Period
2023-07-01 to 2024-06-30

COVENANT CHRISTIAN ACADEMY OF WARRENTON VIRGINIA, founded in 2007, is a community nonprofit in the Education sector that reported $1.1M in total revenue in fiscal year 2017. Revenue surged 75% from the prior year, signaling strong growth momentum. The organization ran a surplus of $175K, a strong 16% operating margin.

Mission

COVENANT CHRISTIAN ACADEMY EXISTS TO ASSIST PARENTS IN EDUCATING THEIR CHILDREN IN A WAY THAT IS BOTH ACADEMICALLY EXCELLANT AND HONORING TO GOD PREPARING STUDENTS FOR HIGHER ACADEMICS AS WELL AS LIFE SERVING CHRIST WHOLE HEARTEDLY. A UNIVERSITY MODEL SCHOOL (R)

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $134,081
Program Service Revenue $2,651,493
Investment Income $51,179
Other Revenue $109,536
TOTAL REVENUE $2,946,289

Expense Breakdown

Grants Paid $20,701
Salaries & Benefits $1,548,362
Fundraising Expenses $47,790
Program Expenses $2,559,183
Other Expenses $1,149,539
TOTAL EXPENSES $2,718,602

Year-over-Year Comparison

2023 2022 Change
Revenue $2,946,289 $2,835,103 +0.0%
Expenses $2,718,602 $2,593,336 +0.0%
Net Income $227,687 $241,767 -0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
8
Independent Members
8
Employees
149
Volunteers
N/A

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
3
$0
Total Directors
9
$21,400
Key Employees
1
$47,830
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SCOTT SHORTMEYER CHAIRMAN/BOARD 2.00
Officer Director
$0 $0 $0
CHRIS ALBARUHO VICE CHAIR/BOARD 2.00
Officer Director
$0 $0 $0
CAROLINE FOSTER SECRETARY 2.00
Officer Director
$0 $0 $0
JANELLE HITT TRUSTEE 2.00
Director
$21,400 $0 $21,400
JOHN TITTLE TRUSTEE 2.00
Director
$0 $0 $0
BOBBY GORE TRUSTEE 2.00
Director
$0 $0 $0
JOE JORDAN TRUSTEE 2.00
Director
$0 $0 $0
JASON TAYLOR TRUSTEE 2.00
Director
$0 $0 $0
ED WOLFE TRUSTEE 2.00
Director
$0 $0 $0
ANDREA SPONSLER HEAD OF SCHOOL 40.00
Key Emp
$47,830 $0 $47,830
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 $2,946,289 $2,718,602 $4,061,844 $227,687
2023 $2,835,103 $2,593,336 $4,408,905 $241,767
2022 $2,884,232 $2,450,649 $1,531,857 $433,583
2021 $2,152,340 $2,059,312 $918,917 $93,028
2020 $1,968,942 $1,785,682 $887,649 $183,260
2018 $1,093,770 $919,249 $455,571 $174,521
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