COVENANT CHRISTIAN ACADEMY (EIN 742739053) - 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

1995

Legal Domicile

Phone

9566867886

Tax Period

2023-07-01 to 2024-06-30

COVENANT CHRISTIAN ACADEMY, founded in 1995, is a community nonprofit in the Education sector that reported $2.7M in total revenue in fiscal year 2023. Expenses of $2.6M left a modest 4% surplus.

Mission

Operation of a non-profit school

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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 $283,155

Program Service Revenue $2,081,384

Investment Income $30,963

Other Revenue $307,114

TOTAL REVENUE $2,702,616

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,579,798

Fundraising Expenses $0

Program Expenses $2,477,462

Other Expenses $1,020,507

TOTAL EXPENSES $2,600,305

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,702,616	$2,534,324	+0.1%
Expenses	$2,600,305	$2,187,419	+0.2%
Net Income	$102,311	$346,905	-0.7%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KARE OPANEYE	MEMBER	3.00	Director	$0	$0	$0
KIMBERLY GONZALEZ	MEMBER	3.00	Director	$0	$0	$0
ADRIAN ALONZO	MEMBER	3.00	Director	$0	$0	$0
ANTONIO CORREA	VICE-PRESIDENT	3.00	Director	$0	$0	$0
MARTHA ARIAS	SECRETARY	3.00	Director	$0	$0	$0
JOEL GARCIA	TREASURER	3.00	Director	$0	$0	$0
VANESSA GUZMAN	MEMBER	3.00	Director	$0	$0	$0
RUDY BELTRAN	President	3.00	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
2024	$2,702,616	$2,600,305	$5,069,046	$102,311
2023	$2,534,324	$2,187,419	$5,077,141	$346,905
2022	$2,291,510	$1,806,345	$4,617,034	$485,165
2021	$1,513,216	$1,527,126	$4,262,111	$-13,910
2020	$2,013,059	$1,778,114	$4,284,527	$234,945
2019	$1,481,011	$1,809,456	$4,296,344	$-328,445
2018	$1,765,850	$1,843,843	$4,571,012	$-77,993

COVENANT CHRISTIAN ACADEMY