Covenant Christian Academy
Mcallen, Texas
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Excellent
How This Organization Compares
Compared to 4 peers in Education with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $2,534,324↑11% | $2,187,419↑21% | $5,077,141↑10% | |
| 2022 | $2,291,510↑51% | $1,806,345↑18% | $4,617,034↑8% | — |
| 2021 | $1,513,216↓25% | $1,527,126↓14% | $4,262,111↓1% | — |
| 2020 | $2,013,059↑36% | $1,778,114↓2% | $4,284,527 | — |
| 2019 | $1,481,011↓16% | $1,809,456↓2% | $4,296,344↓6% | — |
| 2018 | $1,765,850↓14% | $1,843,843↓11% | $4,571,012↓1% | — |
| 2017 | $2,058,319↓16% | $2,081,138↓15% | $4,624,281↓6% | — |
| 2016 | $2,457,258↓25% | $2,452,970↓4% | $4,936,927↓1% | — |
| 2015 | $3,257,485↑25% | $2,560,266↑8% | $4,964,306↑7% | — |
| 2014 | $2,611,738↑4% | $2,379,083↓3% | $4,624,474↑2% | — |
| 2013 | $2,503,498↑4% | $2,441,089↑8% | $4,544,084↓2% | — |
| 2012 | $2,400,728↓14% | $2,257,244↑10% | $4,626,333↑2% | — |
| 2011 | $2,783,562 | $2,042,805 | $4,515,108 | — |
Frequently Asked Questions
What does Covenant Christian Academy do?▼
Covenant Christian Academy is a education nonprofit organization based in Texas. It is classified under NTEE code B200 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Covenant Christian Academy financially healthy?▼
Based on our 9-metric Financial Health Score model, Covenant Christian Academy has a score of 86/100 (Grade: A). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Covenant Christian Academy generate?▼
Covenant Christian Academy reports $2.7M in annual revenue and holds $5.1M in total assets, based on IRS filings.