EXCELLENT COVENANT CHRISTIAN ACADEMY INC (EIN 742962589) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2013

Legal Domicile

Principal Officer

KEVIN NERO

Phone

2546808277

Tax Period

2022-09-01 to 2023-08-31

EXCELLENT COVENANT CHRISTIAN ACADEMY INC, founded in 2013, is a small nonprofit in the Education sector that reported $389K in total revenue in fiscal year 2022. Revenue surged 43% from the prior year, signaling strong growth momentum. The organization ran a surplus of $100K, a strong 26% operating margin.

Mission

OUR MISSION STATEMENT IS TO PROVIDE A CHRIST-CENTERED, ACADEMICALLY SOUND EDUCATION, WHILE COMMISSIONING STUDENTS TO BE FUTURE LEADERS WHO EXCEL IN THEIR INDIVIDUAL PURSUITS AS DIRECTED BY GOD. A NON-DEMOMINATIONAL BIBLE BASED EDUCATION TO CHILDREN AGES 4 YEARS TO 6TH GRADE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $283,278

Program Service Revenue $105,460

Investment Income $0

Other Revenue $0

TOTAL REVENUE $388,738

Expense Breakdown

Grants Paid $0

Salaries & Benefits $135,820

Fundraising Expenses $0

Program Expenses $268,755

Other Expenses $152,718

TOTAL EXPENSES $288,538

Year-over-Year Comparison

	2022	2021	Change
Revenue	$388,738	$271,239	+0.4%
Expenses	$288,538	$215,400	+0.3%
Net Income	$100,200	$55,839	+0.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$31,870

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KELVIN NERO	PRESIDENT	5.00	Officer	$0	$0	$0
SABRINA NERO	VICE PRESIDENT	5.00	Officer	$0	$0	$0
CONNIE BRICE	SECRETARY/TREASURER	40.00	Officer	$31,870	$0	$31,870

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
2023	$388,738	$288,538	$203,791	$100,200
2022	$271,239	$215,400	$101,422	$55,839
2021	$130,665	$149,328	$58,306	$-18,663

EXCELLENT COVENANT CHRISTIAN ACADEMY INC