GASTONIA, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)COVENANT COMMUNITY SCHOOL INC, founded in 2011, is a small nonprofit in the Education sector that reported $171K in total revenue in fiscal year 2023. Revenue decreased 16% compared to the prior year. Expenses of $196K exceeded revenue, resulting in a 14% operating deficit.
COVENANT COMMUNITY SCHOOL, INC. IS A CHARITABLE COMMUNITY SERVICE ORGANIZATION WHOSE MISSION IS TO PROVIDE A CHRIST CENTERED PRESCHOOL EXPERIENCE MINISTERING TO CHILDREN AND THEIR FAMILIES.
YOUTH DEVELOPMENT: COVENANT COMMUNITY SCHOOL IS COMMITTED TO NURTURING THE POTENTIAL OF EVERY CHILD. WE ARE SERVING A DIVERSE POPULATION OF PRE-SCHOOL CHILDREN IN GASTON COUNTY, N. C. THE SCHOOL...
YOUTH DEVELOPMENT: COVENANT COMMUNITY SCHOOL IS COMMITTED TO NURTURING THE POTENTIAL OF EVERY CHILD. WE ARE SERVING A DIVERSE POPULATION OF PRE-SCHOOL CHILDREN IN GASTON COUNTY, N. C. THE SCHOOL STRIVES FOR EXCELLENCE TO MEET THE QUALIFICATIONS OF A HIGH QUALITY CHRIST CENTERED EARLY CHILDHOOD EXPERIENCE. THROUGH CHRISTIAN VALUES, THE SCHOOL FOCUSES ON THE SOCIAL AND EMOTIONAL SKILLS CHILDREN NEED TO SUCCEED IN SCHOOL AND LIFE. SCHOLARSHIP HELP IS PROVIDED TO A LARGE PERCENTAGE OF OUR STUDENT POPULATION TO QUALIFYING FAMILIES IN NEED. APPROXIMATELY 100 STUDENTS WERE ENROLLED.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $170,857 | $204,510 | -0.2% |
| Expenses | $195,528 | $213,267 | -0.1% |
| Net Income | $-24,671 | $-8,757 | +1.8% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| LYNDA WILLIAMS | DIRECTOR | 40.00 |
Officer
Director
|
$42,462 | $6,000 | $48,462 |
| TERESA PARTAIN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $170,857 | $195,528 | $70,718 | $-24,671 |
| 2022 | $204,510 | $213,267 | $98,650 | $-8,757 |
| 2021 | $230,843 | $206,379 | $100,785 | $24,464 |
| 2020 | $193,830 | $178,235 | $76,758 | $15,595 |
| 2019 | $175,922 | $161,836 | $60,778 | $14,086 |
| 2018 | $163,037 | $157,612 | $43,634 | $5,425 |
Compare COVENANT COMMUNITY SCHOOL INC with other nonprofits in North Carolina and across the country.