Covenant Evangelical Theological
Nonprofit profile at a glance
- EIN
- 320269507
- IRS 990-EZ coverage
- 2012–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2011
- Location
- Casselberry, FL, USA
- Phone
- 4073311477
- Rating
- 68
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Educational Services and Schools - Other
- Affiliation
- Christianity
Reported finances
- Revenue
- $38,602
- Expenses
- $15,572
- Assets
- $210,616
- Liabilities
- $24,160
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
People named in this filing
- JOHN CHUA (CHAIRMAN)
- BIAO CHEN (VICE CHAIRMAN)
- Hongjun Li (TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our primary activity is to provide online courses, translate and publish materials purely for education purposes.
What it reported doing in 2024
Provide online courses, translate and publish materials purely for education purposes.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and some filed totals do not add up.
Rating breakdown
- Financial Efficiency: 63
- Transparency & Controls: 82
- Sustainability: 80
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 40.6%; rating input score 41
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 59.7%; rating input score 93; 93rd percentile among comparable filings
- Total-asset coverage ratio: 13.53; rating input score 94; 94th percentile among comparable filings
- Liabilities to assets ratio: 0.11; rating input score 17; 17th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -3.1% per year; rating input score 0; 40th percentile among comparable filings
- Revenue growth: -6.9% per year; rating input score 0; 30th percentile among comparable filings
- Asset growth: -0.9% per year; rating input score 0; 35th percentile among comparable filings
Details
- Where the money goes: 40.6% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $16K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 6 of 7 current checks pass · 1 finding to review
- Schedules: 2 filed schedules
- Filing history: 12 filing years from 2012 to 2024
- Contacts: How to reach this organization
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 41/100.
- Moderate — Transparency & Controls: Part III program expenses within total did not reconcile in the filed values.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 17/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.