Covenant Global Ministries USA Inc

EIN: 474987095 501(c)(3) Religion

Rockville, MD

Total Revenue
$74,492
Total Expenses
$74,712
Total Assets
$3,903
Net Assets
$50
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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
2014
Legal Domicile
MD
Principal Officer
KENNETH L GLICK
Phone
3014485998
Tax Period
2019-01-01 to 2019-12-31

Covenant Global Ministries USA Inc, founded in 2014, is a micro nonprofit in the Religion sector that reported $74K in total revenue in fiscal year 2019.

Mission

faithbased missionary education social welfare programs

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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%)

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $74,492
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $74,492

Expense Breakdown

Grants Paid $73,702
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $37,128
Other Expenses $1,010
TOTAL EXPENSES $74,712

Year-over-Year Comparison

2019 2018 Change
Revenue $74,492 N/A N/A
Expenses $74,712 $44,327 +0.7%
Net Income $-220 $-44,327 -1.0%
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

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Governance

Voting Members
N/A
Independent Members
N/A
Employees
N/A
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
2
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KENNETH L GLICK Chairsecretarytreasr 7.000
Officer Director
$0 $0 $0
FRANK T ROBB ViceChairPresident 1.000
Officer 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
2019 $74,492 $74,712 $3,903 $-220
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