Covenant College is a college based in Lookout Mountain, GA that was founded in 1955. As of 2018 they had $56 million in revenue and $100 million in assets.
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 1,100 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.
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.
| Fiscal year ending | Date received by IRS | Form | PDF link |
|---|---|---|---|
| 2018-06 | Jun 19, 2019 | 990 | View PDF |
| 2017-06 | Sep 12, 2018 | 990 | View PDF |
| 2016-06 | Oct 2, 2017 | 990 | View PDF |
| 2015-06 | Aug 11, 2016 | 990 | View PDF |
| 2014-06 | Jul 22, 2015 | 990 | View PDF |
| ...and five more Form 990 PDFs | |||
| Field | 2018 |
|---|---|
| Total grants, contributions, etc. | $8,511,423 |
| Program services | $42,360,611 |
| Investment income and dividends | $563,315 |
| Tax-exempt bond proceeds | $0 |
| Royalty revenue | $0 |
| Net rental income | $11,973 |
| Net gain from sale of non-inventory assets | $1,203,711 |
| Net income from fundraising events | $0 |
| Net income from gaming activities | $0 |
| Net income from sales of inventory | $0 |
| Miscellaneous revenues | $3,619,697 |
| Total revenues | $56,270,730 |
| Vendor | Services | Amount paid | Date |
|---|---|---|---|
| Capin Crouse LLP | Tax accounting; Audit accounting | 2019-10-25 | |
| ██████ | Content management system software | 2019-09-06 | |
| ██████ ███ | Software | 2019-09-06 | |
| ██████ | Fundraising software | 2019-09-06 | |
| ███████ ███ ████ | Fundraising software; Payment processing | 2019-09-06 | |
| ████████ █████████ ██████████ ███ | Construction | $159,486 | 2018-06-01 |
| █████████ ███ ██████ ███ | Construction | $6,685,205 | 2018-06-01 |
| ██████████ ██████ ████████ | Food Service | $2,892,469 | 2018-06-01 |
| ...and 16 more vendors | |||
| Name | Title | Compensation | Most recent data |
|---|---|---|---|
| Daniel Wykoff | Chief Financial Officer | $121,207 | June 30, 2018 |
| Marc Erickson | Vice President for Development | $138,113 | Aug. 8, 2019 |
| ████ █████ | Assistant Vice President for Enrollment Management | - | Aug. 8, 2019 |
| ████ ██████ | Vice President for Student Development | $109,638 | Aug. 8, 2019 |
| ███ ███████ ██ ████ | Vice President | - | Aug. 8, 2019 |
| █████ █████ | Controller | - | Oct. 29, 2019 |
| █ █████ █████████ | President | $260,707 | June 30, 2018 |
| ██████ ███████ | Secretary | $0 | June 30, 2018 |
| ███████ ██████ | Chairman | $0 | June 30, 2018 |
| ██████ █████ | Treasurer | $0 | June 30, 2018 |
| ...and six more key personnel | |||