COVENANT COUNSELING MINISTRIES INC (EIN 521900110) - 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

1994

Legal Domicile

Principal Officer

JEFFREY TASKER

Phone

3017770633

Tax Period

2023-10-01 to 2024-09-30

COVENANT COUNSELING MINISTRIES INC, founded in 1994, is a small nonprofit in the Mental Health sector that reported $443K in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion.

Mission

CHRISTIAN BASED COUNSELING SERVICES.

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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 $37,561

Program Service Revenue $404,930

Investment Income $168

Other Revenue $751

TOTAL REVENUE $443,410

Expense Breakdown

Grants Paid $4,633

Salaries & Benefits $350,680

Fundraising Expenses $90

Program Expenses $248,035

Other Expenses $75,349

TOTAL EXPENSES $430,662

Year-over-Year Comparison

	2023	2022	Change
Revenue	$443,410	$392,889	+0.1%
Expenses	$430,662	$405,152	+0.1%
Net Income	$12,748	$-12,263	-2.0%

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

Governance

Voting Members

Independent Members

Employees

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

$84,376

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFFREY TASKER	PRESIDENT	45.00	Officer	$65,235	$6,804	$72,039
SUSAN TASKER-WEAVER	VICE PRESIDENT	5.00	Officer	$12,337	$0	$12,337
REV J GARY BUTLER	DIRECTOR	5.00	Director	$0	$0	$0
SHERRELL CAMPBELL	SECRETARY/TREASURER	5.00	Officer Director	$0	$0	$0
DR EUGENE NALLIN	DIRECTOR	5.00	Director	$0	$0	$0
DR ROBERT CARPENTER	DIRECTOR	5.00	Director	$0	$0	$0
GIL FRANKENBERRY	DIRECTOR	5.00	Director	$0	$0	$0
JOHN MAY	DIRECTOR	5.00	Director	$0	$0	$0
JIM TAYLOR	DIRECTOR	5.00	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	$443,410	$430,662	$283,781	$12,748
2023	$392,889	$405,152	$279,360	$-12,263
2022	$400,770	$440,790	$327,702	$-40,020
2021	$498,925	$450,024	$379,569	$48,901
2020	$417,523	$418,338	$431,593	$-815
2019	$413,336	$438,957	$403,789	$-25,621
2018	$544,502	$566,718	$243,084	$-22,216

COVENANT COUNSELING MINISTRIES INC