HARTFORD, CT
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)COVENANT PREPARATORY SCHOOL INC, founded in 2007, is a small nonprofit in the Education sector that reported $930K in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year. Expenses of $1.1M exceeded revenue, resulting in a 15% operating deficit.
TO PROVIDE YOUNG MEN FROM UNDERSERVED COMMUNITIES THE FOUNDATION REQUIRED TO SUCCESSFULLY PURSUE HIGHER EDUCATION, TO DEVELOP THE STRENGTH OF THEIR CHARACTER AND TO INSPIRE THEM TO LIVE WITH INTEGRITY AS LEADERS COMMITTED TO THEIR COMMUNITIES
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $930,389 | $1,003,099 | -0.1% |
| Expenses | $1,070,830 | $1,149,051 | -0.1% |
| Net Income | $-140,441 | $-145,952 | 0.0% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| MARK BERTOLAMI | CO-CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| KEITH J HUBERT | CO-CHAIR & AUDIT CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JAMES W BERGENN | GOVERNANCE CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| BETH A THURZ | FINANCE CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DONATO MONACO | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| CARMEN SIERRA | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL CHASE | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| DANIEL CLARK | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JANE DIGEL | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| GEORGE GILBERT | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| DAVID INGRAM | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| CHERITA MCINTYE | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| GINA MORTIMER | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| BRANDON PIRUS | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| DAVID SHILBERG | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| HARRIS SIMONS | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| ELIZABETH STEWART | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| DAVID WOODS | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| MCKOY NICHOL | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JAYLEN BERRY | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| CLARISSA HEREDIA | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| TERENCE SHIELDS | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $930,389 | $1,070,830 | $100,302 | $-140,441 |
| 2024 | $1,003,099 | $1,149,051 | $321,268 | $-145,952 |
| 2023 | $1,114,135 | $1,077,854 | $591,927 | $36,281 |
| 2022 | $1,026,446 | $877,433 | $312,838 | $149,013 |
| 2021 | $837,542 | $776,538 | $158,047 | $61,004 |
| 2020 | $877,989 | $872,275 | $97,285 | $5,714 |
| 2019 | $836,417 | $993,825 | $83,599 | $-157,408 |
| 2018 | $1,124,153 | $1,019,075 | $286,797 | $105,078 |
Compare COVENANT PREPARATORY SCHOOL INC with other nonprofits in Connecticut and across the country.