CSCharityScored
55

Covenant Baptist Theological Seminary

Education · Owensboro, Kentucky

800 Chuck Gray Ct, Owensboro, KY 42303-7362

EIN: 841978807· Founded: Aug 2020· 6 years active· Filing Year: 2023

Annual Revenue

$1.0M

Total Expenses

$930K

Total Assets

$635K

Program Spending

60%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$239K

25.7% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$175K

Total Payroll

$414K

45% of total expenses

Where the Money Goes

60%
Programs: 60%
Payroll: 45%
Other overhead: 40%
Program Revenue$555K (55%)
Total Expenses$930K (93%)
Payroll$414K (45%)
Overhead (non-program)40%

Trust Score Breakdown

Program Spending Ratio

60% of expenses go to programs

40%

Revenue & Stability

$1.0M annual revenue

15%

Executive Compensation

$239K total officer comp (25.7% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$635K in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.