Covenant Community Care Inc (EIN 383533998) - 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

2000

Legal Domicile

Phone

3135540485

Tax Period

2023-01-01 to 2023-12-31

Covenant Community Care Inc, founded in 2000, is a mid-sized nonprofit in the Health Care sector that reported $16.4M in total revenue in fiscal year 2023. Expenses of $14.7M left a modest 11% surplus.

Mission

The mission of Covenant Community Care is to show and share the love of God, as seen in the good news of Jesus Christ, by providing integrated, affordable, and quality health care to those who need it most.

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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 (2023)

Revenue Breakdown

Contributions & Grants $7,285,443

Program Service Revenue $9,090,465

Investment Income $46,390

Other Revenue $3,920

TOTAL REVENUE $16,426,218

Expense Breakdown

Grants Paid $39,666

Salaries & Benefits $10,624,056

Fundraising Expenses $149,286

Program Expenses $10,788,450

Other Expenses $4,001,593

TOTAL EXPENSES $14,665,315

Year-over-Year Comparison

	2023	2022	Change
Revenue	$16,426,218	$16,696,324	0.0%
Expenses	$14,665,315	$14,674,144	0.0%
Net Income	$1,760,903	$2,022,180	-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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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

182

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

$352,623

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	Secretary	2.0	Officer Director	$0	$0	$0
N/A	Chairman	4.0	Officer Director	$0	$0	$0
N/A	Treasurer	4.0	Officer Director	$0	$0	$0
N/A	Vice Chairman	4.0	Officer Director	$0	$0	$0
N/A	Director	2.0	Director	$0	$0	$0
N/A	Director	2.0	Director	$0	$0	$0
N/A	Director	2.0	Director	$0	$0	$0
N/A	Director	2.0	Director	$0	$0	$0
N/A	Director	2.0	Director	$0	$0	$0
N/A	Director	2.0	Director	$0	$0	$0
N/A	Director	2.0	Director	$0	$0	$0
N/A	Chief Financial Officer	36.0	Officer	$118,834	$19,691	$138,525
N/A	Chief Executive Officer	40.0	Officer	$198,293	$15,805	$214,098
N/A	Medical Director	40.0	Highest	$178,788	$18,537	$197,325
N/A	Medical Director	40.0	Highest	$180,210	$18,144	$198,354
N/A	Chief Dental Officer	40.0	Highest	$183,167	$2,739	$185,906
N/A	Physician in Charge	40.0	Highest	$163,559	$17,902	$181,461
N/A	Chief Medical Officer	40.0	Highest	$197,467	$22,365	$219,832

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
2024	No data	No data	No data	No data
2023	$16,426,218	$14,665,315	$18,272,316	$1,760,903
2022	$16,696,324	$14,674,144	$13,399,475	$2,022,180
2021	$16,953,311	$14,044,873	$9,897,914	$2,908,438
2020	$15,204,323	$14,395,117	$7,173,381	$809,206
2019	$13,703,722	$14,404,455	$6,151,985	$-700,733
2018	$13,481,455	$13,746,310	$7,086,814	$-264,855

Covenant Community Care Inc