BEducationEIN: 760448256· Ruling Year: 1995

Covenant Christian School

Conroe, Texas

AHealth Score
86A

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)

This Org0.84×
Peer Median20.77×
💰
$7.8M
Total Revenue
📊
$6.7M
Total Expenses
🏦
$5.6M
Net Assets
📋
$2.9M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+31.5%
Year-over-year change (2022 → 2023)
Net Margin
+14.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.84
Net assets divided by total expenses
Liabilities-to-Assets
34.1%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$7,849,04932%$6,709,84936%$8,548,00513%
2022$5,968,60326%$4,946,66025%$9,808,92414%
2021$4,750,08815%$3,952,9262%$8,577,83320%
2020$4,126,17412%$3,864,5726%$7,148,82711%
2019$3,684,2573%$3,641,9837%$6,418,099
2018$3,565,0493%$3,414,5573%$6,432,0182%
2017$3,453,4538%$3,299,2847%$6,302,7156%
2016$3,209,0752%$3,081,3822%$5,953,9244%
2015$3,159,42635%$3,011,54734%$6,173,2406%
2014$2,336,9623%$2,253,0417%$5,822,9425%
2013$2,262,1109%$2,099,00615%$5,564,90824%
2012$2,488,965$1,824,007$4,493,382

Frequently Asked Questions

What does Covenant Christian School do?

Covenant Christian School is a education nonprofit organization based in Texas. It is classified under NTEE code B20P and is registered as a 501(c) tax-exempt organization with the IRS.

Is Covenant Christian School financially healthy?

Based on our 9-metric Financial Health Score model, Covenant Christian School 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 School generate?

Covenant Christian School reports $8.7M in annual revenue and holds $9.3M in total assets, based on IRS filings.

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