COVENANT COMMUNITY INC

EIN: 582010185 501(c)(3) Religion

ATLANTA, GA

Total Revenue
$1,548,086
Total Expenses
$1,666,208
Total Assets
$1,352,308
Net Assets
$1,305,023
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
GA
Principal Officer
Christine Carter Love
Phone
4048814660
Tax Period
2022-10-01 to 2023-09-30

COVENANT COMMUNITY INC, founded in 1991, is a community nonprofit in the Religion sector that reported $1.5M in total revenue in fiscal year 2022. Revenue surged 20% from the prior year, signaling strong growth momentum.

Mission

TO PROVIDE THE NECESSARY TOOLS AND RESOURCES TO HELP INDIVIDUALS AND FAMILIES AFFECTED BY SUBSTANCE USE DISORDER AND HOMELESSNESS TO ACHIEVE PERSONAL LIFE STABILIZATION, FULL-TIME EMPLOYMENT, AND ULTIMATELY RETURN TO THEIR FAMILIES AND THE COMMUNITY AS PRODUCTIVE CITIZENS

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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 (2022)

Revenue Breakdown

Contributions & Grants $561,869
Program Service Revenue $951,920
Investment Income $268
Other Revenue $34,029
TOTAL REVENUE $1,548,086

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,042,378
Fundraising Expenses $108,709
Program Expenses $1,318,240
Other Expenses $602,580
TOTAL EXPENSES $1,666,208

Year-over-Year Comparison

2022 2021 Change
Revenue $1,548,086 $1,286,166 +0.2%
Expenses $1,666,208 $1,314,256 +0.3%
Net Income $-118,122 $-28,090 +3.2%
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
12
Independent Members
12
Employees
21
Volunteers
102

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
5
$126,514
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Christine Carter Love Executive Dir. 50.00
Officer
$111,887 $14,627 $126,514
ARJUN SRINIVASAN MD Chairman 3.00
Officer Director
$0 $0 $0
KEVIN M LYMAN EMERITUS 1.00
Officer Director
$0 $0 $0
GEORGE JONES JR Treasurer 1.50
Officer Director
$0 $0 $0
ANDREW LAND Secretary 1.50
Officer Director
$0 $0 $0
COURTNEY CLARKE Director 0.50
Director
$0 $0 $0
GREG COLE Director 0.50
Director
$0 $0 $0
ANDRE GREENWOOD Director 0.50
Director
$0 $0 $0
ANDREA HOPKEY DIRECTOR 0.50
Director
$0 $0 $0
AARON LEE Director 0.50
Director
$0 $0 $0
NANCY SESTAK Director 0.50
Director
$0 $0 $0
NELSON TYRONE III Director 0.50
Director
$0 $0 $0
ZANTHIA WILEY MD Director 0.50
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
2024 No data No data No data No data
2023 $1,548,086 $1,666,208 $1,352,308 $-118,122
2022 $1,286,166 $1,314,256 $1,482,100 $-28,090
2021 $1,029,941 $1,022,619 $1,600,874 $7,322
2020 $898,725 $1,072,528 $1,533,648 $-173,803
2019 $1,392,529 $757,241 $1,651,279 $635,288
2018 $989,421 $564,531 $949,257 $424,890
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