EIN 43-0719506

Covenant College

IRS 501(c) type
501(c)(3)
Num. employees
945
State
Year formed
1955
Most recent tax filings
2022-06-01
Description
Covenant College is a Christ-centered higher educational institution located in Lookout Mountain, GA that provides four residence halls, student apartments, and a dining hall as auxiliary enterprises. It offers nearly 1,000 students over thirty majors, two master's programs, and more than fifty minors and concentrations in its instructional expenses.
Total revenues
$54,082,557
2022
Total expenses
$51,842,194
2022
Total assets
$101,474,646
2022
Num. employees
945
2022

Program areas at Covenant College

Instructional expenses: These expenses relate directly to the academic disciplines of the College. With approximately thirty majors, two master's programs, and more than fifty minors and concentrations, Covenant College provided nearly 900 students with a well-rounded liberal arts education while simultaneously preparing them for careers or advanced degrees in theology, medicine, business, art, music, engineering, education, psychology, international relations, and much more.
Student services: Student services at Covenant help create a rich learning environment for our students. From the moment a student becomes interested in attending Covenant, the admissions office provides him or her with resources and personalized attention to help each student make an informed and thoughtful decision about where to attend college.The student development office fosters a positive residential experience through intentional training with resident assistants, hall presidents, and dorm councils. (continued on schedule O)In addition to campus activities, student development offers student training programs, individual academic counsel, professional counseling and medical services to students.Our records and financial aid offices personally work with students to ensure they are on track for graduation and are financially able to complete their education at Covenant. Students have access to the Center for Calling & Career, where they learn to build a resume, write a cover letter, interview well, and network with future employers.
Auxiliary enterprises and independent operations: The College's four residence halls, student apartments, and dining hall compose the auxiliary enterprises. While all of the halls offer a close, supportive community of students, each building has its own distinctive personality and each floor has its own identity and traditions. Additionally, the College hosts camps and conferences and has an onsite gift shop filled with Covenant apparel, classroom supplies, snacks and other items. The camps and conferences as well as the gift shop are included in independent operations.
Academic support: The College works to provide students with academic support at every stage of their Covenant education. In addition to highly qualified staff, the Covenant library is networked with more than 18,000 other institutions worldwide, providing interlibrary loan access and document delivery services to over 1.3 billion library items. Our library was eleventh in the world to go live with the Online Computer Library Center's new cloud-based operating system, Web-scale Management Service. Covenant's writing center is located in the library, providing students one-on-one tutoring for essays, research papers, and any writing-related assignments. The Office of Academic Affairs at Covenant works to provide support for deans and faculty members as they seek to provide a rigorous education to Covenant students. Covenant's master of education and master of arts in teaching degrees offered by the graduate school of education at Covenant provide students with the exceptional opportunity of completing a master's degree in one year.Covenant's Maclellan Scholars program offers courses designed to encourage critical thinking and develop the skills of potential Christian leaders. Students in the program travel internationally while at Covenant and demonstrate leadership through student-initiated projects.

Who funds Covenant College

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Covenant College FoundationSupporting Educational Purposes$739,030
National Christian Foundation / Natl Christian Charitable FDN IncGrowth$714,900
The Generosity TrustIn Furtherance of Foundation's Purposes$253,555
...and 32 more grants received totalling $2,817,213
Federal funding details
Federal agencyProgram nameAmount
Department of EducationFEDERAL DIRECT STUDENT LOANS$3,380,553
Department of EducationCOVID-19 EDUCATION STABILIZATION FUND HEERF - INSTITUTIONAL PORTION$1,064,949
Department of EducationFEDERAL PERKINS LOAN PROGRAM$1,015,586
...and 5 more federal grants / contracts

Personnel at Covenant College

NameTitleCompensation
Fred VerwoerdVice President Operations and Finance , Chief Financial Officer$126,840
Marc M. EricksonCFP Vice President$199,906
Brad TomasAssistant Vice President for Enrollment Management
Brad VoylesVice President for Student Development$123,030
Dr. H. Collin MesserVice President
...and 9 more key personnel

Financials for Covenant College

RevenuesFYE 06/2022
Total grants, contributions, etc.$9,293,033
Program services$41,403,736
Investment income and dividends$3,491,304
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$-227
Net gain from sale of non-inventory assets$-194,111
Net income from fundraising events$-836
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$89,658
Total revenues$54,082,557

Form 990s for Covenant College

Fiscal year endingDate received by IRSFormPDF link
2022-062023-05-11990View PDF
2021-062022-04-04990View PDF
2020-062021-05-26990View PDF
2019-062020-09-25990View PDF
2018-062019-06-19990View PDF
...and 9 more Form 990s

Organizations like Covenant College

OrganizationLocationRevenue
Wilmington CollegeWilmington, OH$36,397,348
Northwestern Media (UNWSP)Saint Paul, MN$124,304,779
Chaminade University of HonoluluHonolulu, HI$78,361,559
Anderson University (AU)Anderson, SC$130,183,026
North Greenville UniversityTigerville, SC$70,918,977
Ashland UniversityAshland, OH$179,414,778
Young Harris College (YHC)Young Harris, GA$48,051,925
Fresno Pacific University (FPU)Fresno, CA$92,044,682
Indiana Wesleyan University (IWU)Marion, IN$212,201,058
Charleston Southern UniversityCharleston, SC$118,040,499
Data update history
July 11, 2023
Used new vendors
Identified 6 new vendors, including , , , , , and
July 7, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 30, 2023
Updated personnel
Identified 6 new personnel
June 13, 2023
Posted financials
Added Form 990 for fiscal year 2021
May 13, 2023
Used new vendors
Identified 4 new vendors, including , , , and
Nonprofit Types
SchoolsHigher ed institutionsHeadquarter / parent organizations
Issues
Education
Characteristics
ChristianReligiousFundraising eventsOperates internationallyState / local levelReceives government fundingEndowed supportFundraising races, competitions, and tournamentsTax deductible donations
General information
Address
14049 Scenic Hwy
Lookout Mountain, GA 30750
Metro area
Chattanooga, TN-GA
County
Dade County, GA
Website URL
covenant.edu/ 
Phone
(706) 820-1560
Facebook page
covenant.edu 
Twitter profile
@covenantcollege 
IRS details
EIN
43-0719506
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1955
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B42: Undergraduate College (4-year)
NAICS code, primary
611310: Colleges, Universities, and Professional Schools
Parent/child status
Central organization
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