Covenant Recovery Inc

Nonprofit profile at a glance

EIN
264282327
IRS 990 coverage
2014–2025
Forms available
Form 990 2025, Form 990-N 2011
Location
Pine Bluff, AR, USA
Phone
5015190162
Rating
66
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Temporary Housing

Reported finances

Revenue
$2,827,866
Expenses
$2,820,672
Assets
$1,258,332
Liabilities
$442,952

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • Jeremy McKenzie (Executive Director)

Highest reported compensation

  • Ben Sinclair (Chief Financial Officer): $66,500 total reported compensation
  • Jeremy McKenzie (Executive Director): $55,000 total reported compensation
  • Bryan Donahoe (Affiliate Director): $51,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Our mission is to deliver high-quality, evidence-based treatment for substance use disorders through integrated care, personalized treatment plans, and a commitment to long-term recovery outcomes.

What it reported doing in 2025

Covenant Recovery Serves our communities by offering another way of life for the struggling alcoholic and addict. Through this service it is expected of us to feed our clients, transport and house them.

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program revenue.
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 most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 52
  • Transparency & Controls: 77
  • Accountability: 82
  • Sustainability: 24
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 58.9%; rating input score 59
  • Program expense ratio: 59.1%; rating input score 59
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 85.7%; rating input score 86; 2nd 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: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 5 of 9 controls in place; rating input score 56
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • 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: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 0.3%; rating input score 28; 28th percentile among comparable filings
  • Total-asset coverage ratio: 0.45; rating input score 14; 14th percentile among comparable filings
  • Liabilities to assets ratio: 0.35; rating input score 23; 23rd percentile among comparable filings
  • Officer compensation ratio: 9.2%; rating input score 36; 36th percentile among comparable filings

Growth

  • Program expense growth: 9.6% per year; rating input score 100; 59th percentile among comparable filings
  • Revenue growth: 8.5% per year; rating input score 100; 60th percentile among comparable filings
  • Asset growth: 6.9% per year; rating input score 100; 44th percentile among comparable filings

Details

  • Where the money goes: 58.9% of revenue deployed · 59.1% of spending went to programs
  • Governance: 5 of 5 board members independent · 5 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $1.7M in reported program spending
  • Leadership: top reported pay $66K · 5 people listed
  • Highest-paid contractors: 1 contractor listed · $442K reported
  • Consistency: 23 of 25 current checks pass · 2 findings to review
  • Schedules: 4 filed schedules
  • Filing history: 11 filing years from 2014 to 2025
  • Contacts: How to reach this organization
  • Money network: 5 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.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Financial Efficiency: Mission deployment rate scored 59/100.
  • Review — Financial Efficiency: Program expense ratio scored 59/100.
  • Review — Accountability: Governance controls: 4 of 9 not reported.
  • High — Sustainability: Operating margin scored 28/100.
  • High — Sustainability: Total-asset coverage ratio scored 14/100.
  • Moderate — Transparency & Controls: Functional expense sum did not reconcile in the filed values.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • High — Sustainability: Liabilities to assets ratio scored 23/100.
  • Moderate — Sustainability: Officer compensation ratio scored 36/100.