Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 1993.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
80 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Something off? Claim to add context
Who runs it and what they're paid
6 people listed on the 990; $135K paid to officers and key staff (Part VII, Section A).
Lorraine Hill’s $136K as Head of Scho is at the 56th percentile of top reported officer pay among 3395 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 1 named individual · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Lorraine Hill | $135,769 | $141,186 | $123,000 | $135,157 | $121,500 | $135,000 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
See The Covenant Preparatory School executive salaries →Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
- Loans to or from officersSch L · Pt II1 listed
Programs and updates
Educates students from pre-K through 12th grade with a Christian college preparatory curriculum.
Questions for The Covenant Preparatory School
Your first name shows with your question. The Covenant Preparatory School answers here, for everyone.
Christian education and character development.
Form 990 Part III, line 4, FY2019. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 76-0367761) · Dispute this lineFunders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2020 990, line by line.
Download 990
| Line | Start FY20 | End FY20 |
|---|---|---|
| Cash and savingsLn 1–2 | $369K | $675K |
| Land, buildings, equipmentLn 10c | $5.3M | $5.3M |
| Total assetsLn 16 | $6.7M | $6.9M |
| LiabilitiesLn 26 | $5.9M | $6.3M |
| Net assetsLn 32 | $740K | $607K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Other salaries and wagesLn 7 | $3.2M | $3.0M | $191K | $9K |
| Information technologyLn 14 | $21K | $21K | ||
| OccupancyLn 16 | $254K | $254K | ||
| InterestLn 20 | $254K | $254K | ||
| Depreciation, depletion and amortizationLn 22 | $122K | $122K | ||
| InsuranceLn 23 | $48K | $48K | ||
| Other expenses (24a–d)Ln 24 | $1000K | $803K | $181K | $16K |
| Total functional expensesLn 25 | $4.9M | $3.9M | $948K | $25K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 LatestFiled with the IRS Jun 12, 2026 | $4.9M | $4.2M | $694K | $6.6M | 990 PDF |
| FY2024Filed with the IRS Jun 16, 2025 | $4.0M | $3.5M | $493K | $5.9M | 990 PDF |
| FY2023Filed with the IRS Jun 13, 2024 | $6.5M | $3.7M | $2.8M | $5.4M | 990 PDF |
| FY2022Filed with the IRS Jun 13, 2023 | $3.8M | $3.7M | $53K | $2.6M | 990 PDF |
| FY2021Filed with the IRS Nov 18, 2021 | $7.0M | $5.1M | $1.9M | $2.6M | 990 PDF |
| FY2020 ViewingFiled with the IRS Jun 15, 2021 | $4.7M | $4.9M | −$133K | $607K | 990 PDF |
Schedules filed Part IV
See the full FY2020 990
Part I · Summary $4,728,800 revenue, 12 lines filed
Part VI · Governance 5 of 5 board members independent, no flags
Part VIII · Statement of revenue $4,728,800 across 7 lines filed
Part IX · Statement of functional expenses $4,861,890 across 7 lines filed
Part X · Balance sheet $6,887,945 assets, 18 lines filed
Part XI · Reconciliation of net assets $606,905 net assets at year end
Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File
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