COVENANT SERVICES INC

EIN: 631230962 501(c)(3) Mental Health

ANNISTON, AL

Total Revenue
$1,609,004
Total Expenses
$1,540,671
Total Assets
$231,353
Net Assets
$231,353
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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
AL
Principal Officer
RODERICK HENDERSON
Phone
2563104618
Tax Period
2024-01-01 to 2024-12-31

COVENANT SERVICES INC, founded in 1999, is a community nonprofit in the Mental Health sector that reported $1.6M in total revenue in fiscal year 2024. Expenses of $1.5M left a modest 4% surplus.

Mission

COVENANT SERVICE'S INC. AIDS IN THE REUNIFICATION OF FAMILY MEMBERS SEPARATED FROM THEIR FAMILIES DUE TO CIRCUMSTANCES SUCH AS STATE CUSTODY, TEMPORARY RELATIVE PLACEMENT AND FOSTER CARE. COVENANT SERVICE'S INC. TEACHES SKILLS IN PARENTING, MONEY MANAGEMENT, COUNSELING, AND JOB SEARCH IN AN EFFORT TO ENPOWER FAMILIES. COVENANT SERVICE'S INC. PROVIDES DRUG SCREENING TO FAMILIES, MENTORING AND BEHAVIOR AID TO CHILDREN IN FOSTER CARE OR HAVE ABSENT PARENTS, AND ACADEMIC TUTORING TO CHILDREN IN NEED. IN ADDITION COVENANT SERVICE'S INC. HELPS WITH PAYING CLIENT'S BILLS FOR RENT, GROCERIES, CLOTHING, AND TO HELP CLIENTS OBTAIN EMPLOYMENT TO PROVIDE FOR THEIR FAMILIES. COVENANT SERVICES INC. ALSO PROVIDES TRANSPORTATION THROUGHOUT THE STATE OF ALABAMA AND SURROUNDING STATES FOR FAMILY COURT DATES, AND THERAPEUTIC VISITATION WITH OARENTS AND SIBLINGS.

Program Service Accomplishments

Program 1
Expenses: $1,540,671

EXPENSES INCURRED WITH RESPECT TO PROGRAM SERVICE EFFORTS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,609,004
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,609,004

Expense Breakdown

Grants Paid $0
Salaries & Benefits $812,033
Fundraising Expenses $0
Program Expenses $1,540,671
Other Expenses $728,638
TOTAL EXPENSES $1,540,671

Year-over-Year Comparison

2024 2023 Change
Revenue $1,609,004 $1,617,190 0.0%
Expenses $1,540,671 $1,567,142 0.0%
Net Income $68,333 $50,048 +0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
Employees
37
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
5
$89,658
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RODERICK HENDERSON EXECUTIVE DI 40.00
Officer
$89,658 $0 $89,658
ANICA ELDER OFFICER 3.00
Officer
$0 $0 $0
ANGUISHA HENDERSON OFFICER 3.00
Officer
$0 $0 $0
PATRICIA MCGREW OFFICER 3.00
Officer
$0 $0 $0
RODERO WILLINGHAM OFFICER 3.00
Officer
$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 $1,609,004 $1,540,671 $231,353 $68,333
2023 $1,617,190 $1,567,142 $163,020 $50,048
2022 $1,166,036 $1,316,155 $112,972 $-150,119
2021 $1,576,739 $1,387,505 $263,091 $189,234
2020 $903,098 $1,085,210 $66,117 $-182,112
2019 $1,751,106 $1,708,900 $56,229 $42,206
2018 $1,699,294 $1,688,339 $14,023 $10,955
2017 $1,156,389 $1,155,693 $3,068 $696
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