Covenant Ranch INC EIN 62-1652166

Covenant Ranch INC

EIN  62-1652166 Public charity (501(c)(3)) Paris, TN
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Offers Christian retreats and camps for children and adults, emphasizing outdoor activities and faith.
Leadership
Charles P Willson · President
Money in and out
$197K revenue, $245K expenses
Bottom line
85% program efficiency

Offers Christian retreats and camps for children and adults, emphasizing outdoor activities and faith. For fiscal year 2024 it reported $197K in revenue, $245K in expenses, and $1.5M in net assets.Pt I

Where the money goes · FY2024
Total revenue
$197K
Pt VIII · Ln 12
Total expenses
$245K
Pt IX · Ln 25
Net assets
$1.5M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$49K
Where spending went · Part IX cols B–D
Program services $0.85 Management & general $0.15
Program efficiency
85%
of spending reaches programs▲ +15% vs prior filing year
Operating runway
21.1mo
months of highly liquid reserves at operating expense rate▲ +1% vs prior filing year
Surplus margin
-25%
revenue over expenses, this year▼ -8% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$197K
FY2024▼ -7%
Expenses
$245K
FY2024▼ -6%
Total assets
$1.5M
FY2024▼ -3%
Total liabilities
$1K
FY2024
Total revenue
$197K
Pt VIII · Ln 12
Total expenses
$245K
Pt IX · Ln 25
Net assets
$1.5M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$49K
Total assetsPt X · Ln 16$1.5M
Program-expense ratioPt IX · col B85%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46
Mission & Programs · Part III

Where the work happens

1 program service account for $209K of program spending, described in the organization's own filed words · FY2024.
01

Covenant Ranch provides a retreat for children and adults for the purpose of education, rest, and relaxation in a Christian atmoshpere.

$209Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCovenant Ranch INC
EINHdr · item D62-1652166
Principal addressHdr · item CParis, TN
WebsiteHdr · item Jsonriseadventures.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTN
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P31)
Ruling yearIRS BMFJan 1997

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Secretary/Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Exec. Director
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$119K · 60%
Program service revenue$64K · 33%
Other revenue$14K · 7%
Contributions & grants60%$119K
Program service revenue33%$64K
Other revenue7%$14K
Total revenueLn 12$197K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.85 Management & general $0.15
Program services85%$209K
Management & general15%$36K
Total functional expensesLn 25$245K

Balance Sheet

Part X · end of year
CashLn 1$432K
Total assetsLn 16$1.5M
Total liabilitiesLn 26$1K
Total net assetsLn 32$1.5M
Months of cash on handcomputed21.1

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $432K · Operating expenses/yr $245K
21.1 months
Where the money goes
Program services
Program services $209K · Total expenses $245K
85%
Management & General
Management & general $36K · Total expenses $245K
15%
Fundraising
Fundraising $0 · Total expenses $245K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $164K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $119K · Total revenue $197K
60%
Government reliance
Government grants — · Total revenue $197K
Earned-income share
Program service revenue $64K · Total revenue $197K
33%
Investment reliance
Investment income $0 · Total revenue $197K
0%
Program self-sufficiency
Program service revenue $64K · Total expenses $245K
26%
Growth & trend
Revenue growth (YoY)
This year $197K · Prior year $211K
-7%
Revenue CAGR
FY2020 $410K · FY2024 $197K
-17%
Net-asset trend (YoY)
End of year $1.5M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $197K · Expenses $245K
-25%
Liabilities-to-Assets
Total liabilities — · Total assets $1.5M
Net-asset ratio
Net assets $1.5M · Total assets $1.5M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.5M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Charles P Willson · Reported title President · Highest reported compensation $0 · Total expenses $245K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $91K · Total expenses $245K
37%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 85%
Overhead ratio 15%
Fundraising cost ratio 0%
Revenue growth -7%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$25K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$197K revenue · viewing · ⤓ 990 PDF
FY2023$211K revenue · ⤓ 990 PDF
FY2022$334K revenue · ⤓ 990 PDF
FY2021$342K revenue · ⤓ 990 PDF
FY2020$410K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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