Covenant World Missions Inc
Nonprofit profile at a glance
- EIN
- 271432110
- IRS 990-EZ coverage
- 2015–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2014
- Location
- Taylorsville, KY, USA
- Phone
- 5025230034
- Rating
- 94
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Christianity
- Affiliation
- Christianity
Reported finances
- Revenue
- $91,761
- Expenses
- $94,211
- Assets
- $25,006
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- GARY BURKETT (PRESIDENT)
People named in this filing
- GARY BURKETT (PRESIDENT)
- CONNIE BURKETT (VICE PRESIDE)
- PATRICK ABELL (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-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Promote the gospel throughout the world in foreign lands as well as domestically in a nonconfrontational way by explaining our beliefs to those who have never heard or have been given an opportunity to respond. Travel and work includes contributing funds for building worship structures, social help structures and financial support for indigenous pastors on the mission fields. We help provide support to missions such as education, vocational assistance, training, medical missions work, water purification and any other needs to build and help support christian works both here in the us and abroad.
What it reported doing in 2024
Provided equipment, bibles and other ministry support and services abroad including areas in africa and asia
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 97% 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.
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: 96
- Transparency & Controls: 100
- Sustainability: 25
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 96.8%; rating input score 97
- Program expense ratio: 94.3%; rating input score 94
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -2.7%; rating input score 39; 39th percentile among comparable filings
- Total-asset coverage ratio: 0.27; rating input score 19; 19th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 2.7%; rating input score 11; 11th percentile among comparable filings
Growth
- Program expense growth: 3% per year; rating input score 100; 57th percentile among comparable filings
- Revenue growth: 2.2% per year; rating input score 100; 61st percentile among comparable filings
- Asset growth: 8.5% per year; rating input score 100; 69th percentile among comparable filings
Details
- Where the money goes: 96.8% of revenue deployed · 94.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $89K in reported program spending
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 9 filing years from 2015 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.
- Moderate — Sustainability: Operating margin scored 39/100.
- High — Sustainability: Total-asset coverage ratio scored 19/100.
- High — Sustainability: Officer compensation ratio scored 11/100.