Overview

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Est.

2015

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

COVENANT ACADEMIES FOUNDATION is dedicated to youth organizing by providing support for the operation of charter schools. With an operating budget of $993.5K and total revenue of $1.4M for the filing year 2024, the foundation is backed by significant funding from organizations such as LOCAL INITIATIVES SUPPORT CORPORATION, THE MEIJER FOUNDATION, and KALAMAZOO COMMUNITY FOUNDATION. The foundation does not rely on any single funder for 50% or more of its revenue.

Mission Statement

COVENANT ACADEMIES FOUNDATION PROVIDES SUPPORT FOR THE OPERATION OF CHARTER SCHOOLS.
Revenues
$1.4M
Expenses
$1M
Net Income:
+$375.5K
Assets
$3.5M
Liabilities
$929.3K
Net Assets:
+$2.6M
Operating Budget
$993.5K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
2
Median grant size
$32.8K
Largest grant received
$35.5K
S
Sam Joseph
Board Member
E
Edd Snyder
Board Member
J
Joe Kaplan
Board Member
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  • 11 funders
  • 19 board & team members
  • 9 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is COVENANT ACADEMIES FOUNDATION’s budget?
In 2024, COVENANT ACADEMIES FOUNDATION reported an annual operating budget of around $994 thousand. More detailed financial information is available to registered users.
What causes does COVENANT ACADEMIES FOUNDATION support?
COVENANT ACADEMIES FOUNDATION supports work in Youth organizing.
Where does COVENANT ACADEMIES FOUNDATION operate?
COVENANT ACADEMIES FOUNDATION is headquartered in MUSKEGON, MI.
Who funded COVENANT ACADEMIES FOUNDATION recently?
In 2024, COVENANT ACADEMIES FOUNDATION received grants from COVENANT ACADEMIES FOUNDATION, THE THOMPSON FAMILY FOUNDATION, and THE THOMPSON FAMILY FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant COVENANT ACADEMIES FOUNDATION received in 2024?
The largest grant to COVENANT ACADEMIES FOUNDATION in 2024 exceeds $36 thousand.