Covenant Kids
Covenant Kids reported $22.9 million in revenue and $22.7 million in expenses for calendar year 2024. Of every $100 it spent, $95.89 went to program services, $3.84 to management and general costs and $0.27 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 92.6% of the total. The highest compensation it reported for one person was $254,988 (SEC/TREAS/DI). 6 people received more than $100,000 in reportable compensation. Revenue rose 20% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $23MFor context, the median across 3,614 covered human services charities: $88.27 programs, $11.52 management, $0.21 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $23MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 95.9% | 87.2% |
| Management & general Part IX 25(C) ÷ 25(A) | 3.8% | 11.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.3% | 0.2% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.04 | $0.02 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 7.2% | 20.6% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 2.4% |
| Program service revenue share Part VIII 2g ÷ 12 | 92.6% | 70.8% |
| Highest reported compensation Part VII-A, columns D–F | $254,988 | $274,992 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.12% | 1.18% |
| People paid over $100,000 Part VII, line 2 | 6 | 6 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 3.4 | 6.9 |
| Independent voting board members Part VI 1a–1b | 6 of 8 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseCovenant Kids foster care program places children in need into approved foster homes and assists in providing basic and therapeutic foster care to enhance a child's well-being in a family setting. The program provides foster families with monetary supplements and other resources for daily maintenance. In 2024, the organization worked with 309 foster families and 759 children
Covenant Kids behavioral health program (ckbh) offers mental health rehabilitation and targeted case management to children, adolescents, young adults and their families in north and central texas through community support services including trauma informed counseling, skills training, medication training, routine mental health case management, and intensive high-fidelity wraparound case management. Ckbh provided community support services to 2,134 clients during 2024
Covenant Kids conducts kinship and home study assessments for those families seeking to receive a child in the care of the texas department of family and protective services
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| SEC/TREAS/DI Director/trustee, officer, 40.00 hrs/week | $229,037 | $0 | $25,951 | $254,988 |
| COO Officer, 40.00 hrs/week | $147,656 | $0 | $17,980 | $165,636 |
| CFO Officer, 40.00 hrs/week | $0 | $157,699 | $7,923 | $165,622 |
| DIRECTOR OF Highest compensated employee, 40.00 hrs/week | $137,846 | $0 | $1,798 | $139,644 |
| CHIEF BUSI D Officer, 40.00 hrs/week | $124,198 | $0 | $8,561 | $132,759 |
| SR DIR FAMIL Highest compensated employee, 40.00 hrs/week | $113,561 | $0 | $672 | $114,233 |
| ED/PRES/DIR. Director/trustee, officer, 40.00 hrs/week | $101,558 | $0 | $9,851 | $111,409 |
6 people received more than $100,000 in reportable compensation from Covenant Kids (Part VII, line 2). Compensation of current officers, directors and key employees totaled $361K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b8 · 6 independent
- Audited financial statements Part XII 2bNo
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2Yes
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26Yes
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5489
- Volunteers Part I, line 66
Private foundation grants it received
2 private foundations reported grants to Covenant Kids totaling $1,019 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Covenant Kids's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Covenant Kids, you can publish a response that is linked from this page.
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Of every $100 Covenant Kids spent in 2024, $95.89 went to programs. The full breakdown, from its IRS Form 990:
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Questions people ask
How much of Covenant Kids's spending goes to programs?
In calendar year 2024, Covenant Kids reported that 95.9% of its $22.7 million in expenses went to program services, 3.8% to management and general and 0.3% to fundraising (Form 990, Part IX).
How much does Covenant Kids pay its top executive?
The largest total compensation Covenant Kids reported for one person in calendar year 2024 was $254,988, for the role of SEC/TREAS/DI (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Covenant Kids get its money?
Of $22.9 million in revenue in calendar year 2024, 7.2% came from contributions and grants and 92.6% from program service revenue (Form 990, Part VIII).
Is Covenant Kids a registered charity?
The IRS lists EIN 75-2889215 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202513189349311451 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202433189349303898 · read the filing
- 2022: Form 990 for calendar year 2022, object 202333149349301988 · read the filing
- 2021: Form 990 for calendar year 2021, object 202243199349321419 · read the filing
- 2020: Form 990 for calendar year 2020, object 202143159349305669 · read the filing
- 2019: Form 990 for calendar year 2019, object 202033219349303953 · read the filing
All filings for EIN 75-2889215: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.