Covenant Community School Inc
Nonprofit profile at a glance
- EIN
- 204173225
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Lake City, FL, USA
- Phone
- 3867553636
- Rating
- 69
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Primary, Elementary Schools
- Affiliation
- Christianity
Reported finances
- Revenue
- $1,382,508
- Expenses
- $1,160,119
- Assets
- $833,045
- Liabilities
- $28,701
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
2 people listed
People named in this filing
- CYNTHIA SOUCINEK (DIRECTOR)
- FRANK SOUCINEK (DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Christian non-denominational education institution
What it reported doing in 2024
Covenant community school is a private christian school who partnered with 105 families, which included 176 students in 2023/2024. The partnerships included helping define the god-given call on the childrens lives, providing an education that touches children in the classroom with high academic excellence and strong christian values. We also had nine students graduate with a high school diploma. Ccs helps these students with dual enrollment at the local college along with Florida virtual school. Our sat scores indicated an average of 1150 or above overall performance for the past school year. We taught godly life appreciation principles using the word of god as the basis for all truth. These principles included financial etiquette and moral education. We completed a variety of community outreaches. Other activities included the student worship team, school plays and other performances. Ccs is committed to uniting excellence in education with godly principles. Covenant community school is a private christian school who partnered with 105 families, which included 176 students in 2023/2024. The partnerships included helping define the god-given call on the childrens lives, providing an education that touches children in the classroom with high academic excellence and strong christian values. We also had nine students graduate with a high school diploma. Ccs helps these students with dual enrollment at the local college along with Florida virtual school. Our sat scores indicated an average of 1150 or above overall performance for the past school year. We taught godly life appreciation principles using the word of god as the basis for all truth. These principles included financial etiquette and moral education. We completed a variety of community outreaches. Other activities included the student worship team, school plays and other performances. Ccs is committed to uniting excellence in education with godly principles.
Operating model
- Revenue model
- Earned-program. 98% of the money available for current operations came from fees and other program 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
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 71
- Transparency & Controls: 100
- Accountability: 12
- Sustainability: 59
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 74.3%; rating input score 74
- Program expense ratio: 89.9%; rating input score 90
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 5th percentile among comparable filings
- Governance controls: 2 of 7 controls in place; rating input score 29
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 16.1%; rating input score 71; 71st percentile among comparable filings
- Total-asset coverage ratio: 0.72; rating input score 33; 33rd percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 57; 57th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings
Growth
- Program expense growth: 9.1% per year; rating input score 100; 60th percentile among comparable filings
- Revenue growth: 10.2% per year; rating input score 100; 67th percentile among comparable filings
- Asset growth: 15.5% per year; rating input score 100; 74th percentile among comparable filings
Details
- Where the money goes: 74.3% of revenue deployed · 89.9% of spending went to programs
- Governance: 0 of 2 board members independent · 2 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $1M in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 23 of 23 current checks pass
- Schedules: 5 filed schedules
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Accountability: Independent voting board scored 0/100.
- High — Accountability: Governance controls: 4 of 6 not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 33/100.
- Review — Sustainability: Liabilities to assets ratio scored 57/100.