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Nonprofit · EIN 04-3170101

COVENANT CHRISTIAN ACADEMY INC

Tax-exempt · PEABODY, MA 01960

Financials

$7.4M$7M2022$8.8M$7.6M2023$8.6M$8.3M2024
Revenue Expenses · by fiscal year end
Financials of COVENANT CHRISTIAN ACADEMY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$8,616,438$8,286,131$330,307$16,321,441$9,877,441$6,444,000
June 30, 2024990$8,760,324$7,561,160$1,199,164$16,551,393$10,437,700$6,113,693
June 30, 2023990$7,368,969$6,974,766$394,203$14,982,975$10,068,446$4,914,529
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$419,471
Program service revenue
$8,113,658
Investment income
$126,433
Net rental income
-$64,066
Other revenue
-$43,124

Expenses

Grants and similar amounts paid
$1,380,811
Compensation of officers, directors and key employees
$0
Other salaries and wages
$3,971,926
Salaries, compensation and benefits (total)
$4,800,008
Professional fundraising fees
$0
Occupancy
$197,849
Depreciation
$534,029
Program services (functional)
$7,333,357
Management and general (functional)
$849,876
Fundraising (functional)
$102,898

Balance sheet and other

Total assets, start of year
$16,551,393
Total assets, end of year
$16,321,441
Total liabilities, end of year
$9,877,441
Net assets, end of year
$6,444,000
Land, buildings and equipment
$12,063,404
Net assets without donor restrictions
$6,433,996
Net assets with donor restrictions
$10,004
Gross receipts
$9,190,929
Employees
134
Volunteers
100
Year formed
1991
State of legal domicile
MA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
David AnastasiHead of School
Key employee
50$125,000$24,529
Andrea BergstromLower School Principal
Key employee
50$92,700$4,675
Jessica RossottiCFO
Key employee
50$75,000$3,810
Leslie BairdVice Chair
Trustee or director
5$0$0
Chrystal PorterBoard Member
Trustee or director
5$0$0
Ryan PloskerChair
Trustee or director
5$0$0
Kathy AzadianBoard Member
Trustee or director
5$0$0
Marcio DeJesusBoard Member
Trustee or director
5$0$0
990 for the year ended June 30, 2024: 8 people
NameTitleHours / weekCompensationOther / benefits
David AnastasiHead of School
Key employee
50$125,000$23,995
Andrea BergstromLower School Principal
Key employee
50$90,000$4,516
Jessica RossottiCFO
Key employee
50$65,000$3,281
Leslie BairdVice Chair
Trustee or director
5$0$0
Chrystal PorterBoard Member
Trustee or director
5$0$0
Ryan PloskerChair
Trustee or director
5$0$0
Kathy AzadianBoard Member
Trustee or director
5$0$0
Marcio DeJesusBoard Member
Trustee or director
5$0$0
990 for the year ended June 30, 2023: 10 people
NameTitleHours / weekCompensationOther / benefits
David AnastasiHead of School
Key employee
50$110,000$5,122
Andrea BergstromLower School Principal
Key employee
50$85,000$3,964
Jessica RossottiCFO
Key employee
40$44,759$21,400
Leslie BairdVice Chair
Trustee or director
5$0$0
Chrystal PorterBoard Member
Trustee or director
5$0$0
Melissa ChangSecretary
Trustee or director
5$0$0
Ryan PloskerChair
Trustee or director
5$0$0
Kathy AzadianBoard Member
Trustee or director
5$0$0
Renee MinogueBoard Member
Trustee or director
5$0$0
Marcio DeJesusBoard Member
Trustee or director
5$0$0

Address and contacts

Address (IRS master file)
83 PINE ST STE 9, PEABODY, MA 01960-3635
In care of
% VICKI BEST
Principal officer (990 for 2024)
David Anastasi, 83 Pine Street, Peabody, MA 01960
Signed the 990
Vicki Best, Business Manager
Phone
(978) 535-7100

Mission

Elementary and high school education for grades Pre-K through Grade 12

990 for the year ended June 30, 2025

Program accomplishments

  • To provide education for students in Pre-K through Grade 12
    Expenses $7,333,357 · grants $1,380,811 · revenue $8,113,658

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
04-3170101
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1994
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$16,321,441
Income (IRS master file)
$9,190,929

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$8,616,438$8,286,131$16,321,441IRS
990June 2024$8,760,324$7,561,160$16,551,393XML
990June 2023$7,368,969$6,974,766$14,982,975XML
990June 2022$6,568,954$5,940,448$13,783,734IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-3170101).

Questions about COVENANT CHRISTIAN ACADEMY INC

What is the EIN of COVENANT CHRISTIAN ACADEMY INC?
The employer identification number (EIN) of COVENANT CHRISTIAN ACADEMY INC is 04-3170101.
Is COVENANT CHRISTIAN ACADEMY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
Are donations to COVENANT CHRISTIAN ACADEMY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does COVENANT CHRISTIAN ACADEMY INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of COVENANT CHRISTIAN ACADEMY INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did COVENANT CHRISTIAN ACADEMY INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of COVENANT CHRISTIAN ACADEMY INC?
The 990 for the year ended June 30, 2025 names David Anastasi.
Who are the officers and directors of COVENANT CHRISTIAN ACADEMY INC?
The 990 for the year ended June 30, 2025 lists 8 people; 3 received compensation from the organization, the highest $125,000 (David Anastasi, Head of School).
How much revenue does COVENANT CHRISTIAN ACADEMY INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $8,616,438, expenses of $8,286,131 and total assets of $16,321,441 at year end.

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