Covenant Community Care Inc
Nonprofit profile at a glance
- EIN
- 383533998
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Detroit, MI, USA
- Phone
- 3135540485
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- Health Treatment Facilities, Primarily Outpatient
- Affiliation
- Christianity
Reported finances
- Revenue
- $14,367,625
- Expenses
- $15,069,310
- Assets
- $17,422,782
- Liabilities
- $5,371,827
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
18 people listed
Executive titles in this filing
- Joslyn Pettway (Chief Executive Officer)
Highest reported compensation
- Dr Scott Stryd (Chief Medical Officer): $227,064 total reported compensation
- Joslyn Pettway (Chief Executive Officer): $217,512 total reported compensation
- Dr Sherwood Pope (Physician): $206,317 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of Covenant Community Care is to show and share the love of God, as seen in the good news of Jesus Christ, by providing integrated, affordable, and quality health care to those who need it most.
What it reported doing in 2024
In 2024, Covenant Community Care (Covenant) served 17,360 patients through 54,400 visits across our three sites. Covenant's mission states care and concern for "those who need it most" in our communities. This includes the poor, uninsured and underinsured, and others who have been marginalized in society. It also includes our neighbors and people in our region who are seeking compassionate healthcare providers. Our patient population can present challenges that make medical compliance and follow-up, attainment of health goals, and accessing services difficult. Social determinants of health play a major role in the lives of our patients including job situations, home environments, food access, and other factors. We continue to (1) look for ways to sustain and build new partnerships with mental health agencies and other social service organizations, and (2) sustain and develop programs to help us improve how we carry out our mission.
Operating model
- Revenue model
- Other-operating. 66% of the money available for current operations came from other operating revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 76
- Transparency & Controls: 83
- Accountability: 100
- Sustainability: 28
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 77.8%; rating input score 78
- Program expense ratio: 74%; rating input score 74
- Fundraising efficiency: $45.51 raised per $1 spent on fundraising; rating input score 74; 74th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -4.9%; rating input score 17; 17th percentile among comparable filings
- Total-asset coverage ratio: 1.16; rating input score 41; 41st percentile among comparable filings
- Liabilities to assets ratio: 0.31; rating input score 45; 45th percentile among comparable filings
- Officer compensation ratio: 9.1%; rating input score 24; 24th percentile among comparable filings
Growth
- Program expense growth: 4.5% per year; rating input score 100; 38th percentile among comparable filings
- Revenue growth: 8.1% per year; rating input score 100; 66th percentile among comparable filings
- Asset growth: 10.4% per year; rating input score 100; 66th percentile among comparable filings
Details
- Where the money goes: 77.8% of revenue deployed · 74% of spending went to programs
- Governance: 11 of 11 board members independent · 9 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $11.2M in reported program spending
- Leadership: top reported pay $227K · 18 people listed · 2 of 6 pay-setting controls reported
- Highest-paid contractors: 4 contractors listed · $1.2M reported
- Consistency: 36 of 36 current checks pass
- Schedules: 8 filed schedules · includes major donors, grants, and executive pay
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 7 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 17/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 41/100.
- High — Sustainability: Officer compensation ratio scored 24/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 45/100.