ProPublica's investigative reporters are examining the operations and finances of schools and educational organizations in this state. If you have experience navigating voucher-style programs, or have other information about this organization that you can share, we want to hear from you.

Covenant Academy

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Educational Institutions and Related Activities / Elementary, Secondary Education, K - 12 (NTEE)

Donations to this organization are tax deductible.

Details

According to its May 2026 tax filing, this nonprofit:

Operated a school
Organization is a school. Details are reported on Schedule E.

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Organizations with gross receipts of less than $50,000 can file the form 990-N postcard filing, which doesn’t include financial details. All Form 990 data is from the IRS.

Fiscal Year Ending May
2026

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,575,516
Expenses
$1,680,389
Net Income
-$104,873
Net Assets
$655,319
Notable Sources of Revenue Percent of Total Revenue
Contributions $48,047
3.0%
Program Services $1,473,047
93.5%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $54,422
3.5%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $999,204
59.5%
Assets/Debt
Total Assets $2,113,642
Total Liabilities $1,458,323
Net Assets $655,319
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Kim Wattenbarger (Principal) $43,833 $0 $0
Kelly Dechristofaro (Secretary) $33,667 $0 $0
Daniel Patterson (Director) $0 $0 $0
Adam Singh (Director) $0 $0 $0
Bob Tolich (Director) $0 $0 $0
Jon Kraus (President) $0 $0 $0

Document Links

Fiscal Year Ending May
2025

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,809,193
Expenses
$1,677,658
Net Income
$131,535
Net Assets
$760,192
Notable Sources of Revenue Percent of Total Revenue
Contributions $208,863
11.5%
Program Services $1,466,048
81.0%
Investment Income $1
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $100,157
5.5%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $34,124
1.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $1,027,046
61.2%
Assets/Debt
Total Assets $2,221,062
Total Liabilities $1,460,870
Net Assets $760,192
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Kim Wattenbarger (Principal) $44,833 $0 $0
Kelly Dechristofaro (Secretary) $33,333 $0 $0
Daniel Patterson (Director) $0 $0 $0
Adam Singh (Director) $0 $0 $0
Bob Tolich (Director) $0 $0 $0
Jon Kraus (President) $0 $0 $0

Document Links

Fiscal Year Ending May
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,538,023
Expenses
$1,543,783
Net Income
-$5,760
Net Assets
$628,657
Notable Sources of Revenue Percent of Total Revenue
Contributions $96,672
6.3%
Program Services $1,406,831
91.5%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $34,520
2.2%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $962,695
62.4%
Assets/Debt
Total Assets $1,889,874
Total Liabilities $1,261,217
Net Assets $628,657
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Kim Wattenbarger (Principal) $41,425 $0 $0
Kelly Dechristofaro (Secretary) $30,562 $0 $0
Daniel Patterson (Director) $0 $0 $0
Doug Reid (Treasurer) $0 $0 $0
Adam Singh (Director) $0 $0 $0
Bob Tolich (Director) $0 $0 $0
Jon Kraus (President) $0 $0 $0

Document Links

Fiscal Year Ending May
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,413,813
Expenses
$1,345,794
Net Income
$68,019
Net Assets
$634,417
Notable Sources of Revenue Percent of Total Revenue
Contributions $18,077
1.3%
Program Services $1,297,604
91.8%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $98,132
6.9%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $847,103
62.9%
Assets/Debt
Total Assets $1,581,935
Total Liabilities $947,518
Net Assets $634,417
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Kelly Dechristofaro (Secretary) $29,937 $0 $0
Kim Wattenbarger (Principal) $21,650 $0 $0
Daniel Patterson (Director) $0 $0 $0
Doug Reid (Treasurer) $0 $0 $0
Adam Singh (Director) $0 $0 $0
Bob Tolich (Director) $0 $0 $0
Jon Kraus (President) $0 $0 $0

Document Links

Fiscal Year Ending May
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,280,455
Expenses
$1,142,642
Net Income
$137,813
Net Assets
$566,398
Notable Sources of Revenue Percent of Total Revenue
Contributions $44,156
3.4%
Program Services $1,207,650
94.3%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $28,649
2.2%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $744,474
65.2%
Assets/Debt
Total Assets $1,563,947
Total Liabilities $997,549
Net Assets $566,398
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Kelly Dechristofaro (Secretary) $26,049 $0 $0
Pat Allen (Principal) $14,000 $0 $0
Daniel Patterson (Director) $0 $0 $0
Doug Reid (Treasurer) $0 $0 $0
Bob Tolich (Director) $0 $0 $0
Jon Kraus (President) $0 $0 $0

Document Links

Fiscal Year Ending May
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,199,598
Expenses
$927,269
Net Income
$272,329
Net Assets
$428,585
Notable Sources of Revenue Percent of Total Revenue
Contributions $180,746
15.1%
Program Services $962,523
80.2%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $56,329
4.7%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $65,152
7.0%
Professional Fundraising Fees $0
Other Salaries and Wages $577,878
62.3%
Assets/Debt
Total Assets $1,524,982
Total Liabilities $1,096,397
Net Assets $428,585
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Theresa Darcy Barnaby (Principal) $34,460 $0 $0
Kelly Dechristofaro (Secretary) $24,720 $0 $0
Melynda Mcelroy (Director) $5,819 $0 $0
Doug Reid (Treasurer) $153 $0 $0
Daniel Patterson (Director) $0 $0 $0
Bob Tolich (Director) $0 $0 $0
Jon Kraus (President) $0 $0 $0

Document Links

Fiscal Year Ending May
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$658,144
Expenses
$735,017
Net Income
-$76,873
Net Assets
$156,246
Notable Sources of Revenue Percent of Total Revenue
Contributions $10,261
1.6%
Program Services $631,669
96.0%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $16,214
2.5%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $108,668
14.8%
Professional Fundraising Fees $0
Other Salaries and Wages $385,589
52.5%
Assets/Debt
Total Assets $716,804
Total Liabilities $560,558
Net Assets $156,246
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Theresa Darcy Barnaby (Principal) $45,720 $0 $0
Melynda Mcelroy (Director) $32,334 $0 $0
Kelly Dechristofaro (Secretary) $30,614 $0 $0
Daniel Patterson (Director) $0 $0 $0
Doug Reid (Treasurer) $0 $0 $0
Bob Tolich (Director) $0 $0 $0
Jon Kraus (President) $0 $0 $0

Document Links

Fiscal Year Ending May
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$704,075
Expenses
$791,417
Net Income
-$87,342
Net Assets
$233,119
Notable Sources of Revenue Percent of Total Revenue
Contributions $11,207
1.6%
Program Services $660,411
93.8%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $32,457
4.6%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $78,844
10.0%
Professional Fundraising Fees $0
Other Salaries and Wages $427,795
54.1%
Assets/Debt
Total Assets $656,321
Total Liabilities $423,202
Net Assets $233,119
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Theresa Darcy Barnaby (Principal) $32,500 $0 $0
Melynda Mcelroy (Director) $23,202 $0 $0
Kelly Dechristofaro (Secretary) $23,142 $0 $0
Doug Reid (Treasurer) $0 $0 $0
Daniel Patterson (Director) $0 $0 $0
Bob Tolich (Director) $0 $0 $0
Jon Kraus (President) $0 $0 $0

Document Links

Fiscal Year Ending May
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$779,979
Expenses
$699,690
Net Income
$80,289
Net Assets
$320,461
Notable Sources of Revenue Percent of Total Revenue
Contributions $108,668
13.9%
Program Services $671,311
86.1%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $45,023
6.4%
Professional Fundraising Fees $0
Other Salaries and Wages $368,457
52.7%
Assets/Debt
Total Assets $744,867
Total Liabilities $424,406
Net Assets $320,461
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Melynda Mcelroy (Director) $23,290 $0 $0
Kelly Dechristofaro (Secretary) $21,733 $0 $0
Jon Kraus (President) $0 $0 $0

Document Links

Fiscal Year Ending May
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$586,158
Expenses
$569,052
Net Income
$17,106
Net Assets
$240,172
Notable Sources of Revenue Percent of Total Revenue
Contributions $68,036
11.6%
Program Services $518,122
88.4%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $38,667
6.8%
Professional Fundraising Fees $0
Other Salaries and Wages $291,194
51.2%
Assets/Debt
Total Assets $688,150
Total Liabilities $447,978
Net Assets $240,172
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Melynda Mcelroy (Director) $19,917 $0 $0
Kelly Dechristofaro (Secretary) $18,750 $0 $0
Jon Kraus (President) $0 $0 $0

Document Links

Fiscal Year Ending May
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$567,223
Expenses
$598,766
Net Income
-$31,543
Net Assets
$208,854
Notable Sources of Revenue Percent of Total Revenue
Contributions $60,480
10.7%
Program Services $506,743
89.3%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $21,667
3.6%
Professional Fundraising Fees $0
Other Salaries and Wages $247,806
41.4%
Assets/Debt
Total Assets $700,581
Total Liabilities $491,727
Net Assets $208,854
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
John Jones (Chairman) $0 $0 $0
Kelly Dechristofaro (Secretary) $0 $0 $0
Elwood Norris (Treasurer) $0 $0 $0
John Kraus (President) $0 $0 $0
Theresa Bernabei (Principal) $0 $0 $0

Document Links

Fiscal Year Ending May
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$461,668
Expenses
$462,936
Net Income
-$1,268
Net Assets
$240,397
Notable Sources of Revenue Percent of Total Revenue
Contributions $76,640
16.6%
Program Services $385,028
83.4%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $34,008
7.3%
Professional Fundraising Fees $0
Other Salaries and Wages $204,085
44.1%
Assets/Debt
Total Assets $738,591
Total Liabilities $498,194
Net Assets $240,397
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
John Jones (President) $0 $0 $0
Kelly Dechristofaro (Secretary) $0 $0 $0
Elwood Norris (Treasurer) $0 $0 $0
Alicia Jones (Director) $0 $0 $0

Document Links

Fiscal Year Ending May
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$415,295
Expenses
$395,019
Net Income
$20,276
Net Assets
$191,114
Notable Sources of Revenue Percent of Total Revenue
Contributions $67,750
16.3%
Program Services $347,545
83.7%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $26,594
6.7%
Professional Fundraising Fees $0
Other Salaries and Wages $155,010
39.2%
Assets/Debt
Total Assets $751,616
Total Liabilities $560,502
Net Assets $191,114
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Alicia Jones (Director) $27,094 $0 $0
Kelly Dechristofaro (Secretary) $14,275 $0 $0
John Jones (President) $0 $0 $0
Elwood Norris (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending May
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$377,161
Expenses
$296,646
Net Income
$80,515
Net Assets
$170,838
Notable Sources of Revenue Percent of Total Revenue
Contributions $63,016
16.7%
Program Services $307,144
81.4%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $7,001
1.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $37,082
12.5%
Professional Fundraising Fees $0
Other Salaries and Wages $106,990
36.1%
Assets/Debt
Total Assets $558,523
Total Liabilities $387,685
Net Assets $170,838

Document Links

Fiscal Year Ending May
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$362,497
Expenses
$300,692
Net Income
$61,805
Net Assets
$90,323
Notable Sources of Revenue Percent of Total Revenue
Contributions $51,854
14.3%
Program Services $307,940
84.9%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $2,703
0.7%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $37,660
12.5%
Professional Fundraising Fees $0
Other Salaries and Wages $92,848
30.9%
Assets/Debt
Total Assets $571,330
Total Liabilities $481,007
Net Assets $90,323

Document Links

Fiscal Year Ending May
2011

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending May
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending May
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending May
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending May
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains financial information from tax returns processed by the IRS since the 2012 calendar years, as well as data extracted from digital filings. IRS summary data also includes limited older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits for nonprofit organizations that spent $750,000 or more in federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Most organizations that have been recognized as tax exempt by the IRS have to file the Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file the Form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard," which does not contain financial details. Churches are not required to file Form 990.

Nonprofit Explorer has organizations that are claiming tax exemption in any of the 27 subsections of the 501(c) section of the tax code. Taxable trusts and private foundations that are required to file a form 990PF are also included.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes Employer Identification Numbers and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

See an issue with the data?

Contact Us