NonprofitsCovenant Academies Foundation

Youth Development

Covenant Academies Foundation

MUSKEGON, MI

Total revenue

$1.4M

Total expenses

$1.0M

Net assets

$2.6M

Grants received

$703K

20 grants

EIN

475613722

Tax year

2023

Mission

Covenant academies foundation provides support for the operation of charter schools.

Programs

2 programs

Covenant hall - provides a home-like environment for students who do not have a stable place to live. The hall has 30 beds and a staff to help the students take care of themselves and teach them how to live in the community.

Expenses: $195K

Scholarships - scholarships are provided to eligible graduates who enroll and attend post-secondary education.

Financials

FY 2023

Revenue

Contributions & grants$66K
Program service revenue$1.3M
Investment income$9K
Other revenue
Total revenue$1.4M

Expenses

Grants paid$36K
Salaries & benefits$437K
Fundraising
Other expenses$556K
Total expenses$1.0M
Total assets$3.5M
Net assets$2.6M

People

10 listed

NameRoleCompensation

GRETCHEN LAHAIE

CHIEF OPER O

Board

$96K

40 hrs/wk

AMANDA ACKER

CHIEF ACADEM

Board

$90K

40 hrs/wk

SAM JOSEPH

BOARD CHAIR

Board

$84K

40 hrs/wk

JUDGE GREG PITTMAN

DIRECTOR

Board

1 hrs/wk

RITA RAICHOUDHURI

DIRECTOR

Board

1 hrs/wk

EDD SNYDER

PRESIDENT

Board

1 hrs/wk

SANDI JONES

DIRECTOR

Board

1 hrs/wk

RICH THOMPSON

DIRECTOR

Board

1 hrs/wk

JOE KAPLAN

VICE PRESIDE

Board

1 hrs/wk

JIM WOLOHAN

SECRETARY

Board

1 hrs/wk

Grants received

Showing 20 of 20

FromAmountPurposeYear
$30K
GENERAL SUPPORT
2023
$25K
GENERAL SUPPORT
2022
$5K
READING ROOM
2022
$2K
OPERATIONS
2022
$52K
TEACHER SUPPORT
2021
$25K
GENERAL SUPPORT
2021
$80K
GENERAL SUPPORT
2020
$74K
COVENANT HALL RENOVATION LOAN
2020
$50K
CAPITAL CAMPAIGN
2020
$36K
YOUTH DEVELOPMENT
2020
$20K
GENERAL SUPPORT
2020
$10K
OPERATIONS
2020
$20K
GENERAL SUPPORT
2019
$136K
CAPITAL CAMPAIGN; DEBT REDUCTION
2018

Funded by

$703K from 10 funders · 20 grants · 2018–2023

Community Foundation For Muskegon County

$224K · 3 grants · 2018–2022

The Thompson Family Foundation

$120K · 5 grants · 2019–2023

Marvin And Rosalie Okun Foundation

$100K · 4 grants · 2018–2022

Frances Goll Mills Fund

$80K · 1 grant · 2020

Saginaw Community Foundation

$52K · 1 grant · 2021

The Meijer Foundation

$50K · 1 grant · 2020

Kalamazoo Community Foundation

$36K · 1 grant · 2020

Details

EIN475613722
NTEE codeO50
Subsection03
Ruling date2016-04
Formed2015
Employees0
COVENANT ACADEMIES FOUNDATION — Mission, Financials & Grants Received | Grantivo