Nonprofit · EIN 27-3298736
COVENANT COLLEGE FOUNDATION INC
Tax-exempt · LOOKOUT MTN, GA 30750
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $2,195,584 | $1,532,350 | $663,234 | $25,656,087 | $271,097 | $25,384,990 |
| June 30, 2024 | 990 | $3,659,030 | $1,349,371 | $2,309,659 | $24,574,789 | $145,700 | $24,429,089 |
| June 30, 2023 | 990 | $1,928,825 | $980,505 | $948,320 | $20,239,671 | $49 | $20,239,622 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,165,093
- Program service revenue
- $0
- Investment income
- $944,564
- Net rental income
- $2,730
- Net gain from sales of assets
- $60,308
- Other revenue
- $85,927
Expenses
- Grants and similar amounts paid
- $893,550
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $10,067
- Accounting fees
- $25,300
- Occupancy
- $11,970
- Travel
- $47,635
- Depreciation
- $21,292
- Program services (functional)
- $893,550
- Management and general (functional)
- $219,147
- Fundraising (functional)
- $419,653
Balance sheet and other
- Total assets, start of year
- $24,574,789
- Total assets, end of year
- $25,656,087
- Total liabilities, end of year
- $271,097
- Net assets, end of year
- $25,384,990
- Land, buildings and equipment
- $1,513,871
- Publicly traded securities
- $15,815,194
- Net assets without donor restrictions
- $7,765,990
- Net assets with donor restrictions
- $17,619,000
- Gross receipts
- $2,950,459
- Employees
- 0
- Volunteers
- 15
- Year formed
- 2010
- State of legal domicile
- GA
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.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| BRAD VOYLES | TRUSTEE Trustee or director | 1 | $0 | $324,340 | $34,286 |
| MARC ERICKSON | PRESIDENT/EXECUTIVE DIRECTOR Officer | 20 | $0 | $237,012 | $21,436 |
| MARK HUFFINES | ASSISTANT TREASURER Officer | 10 | $0 | $114,985 | $9,390 |
| DAVID WELSH | ASSISTANT SECRETARY Officer | 10 | $0 | $84,204 | $26,436 |
| RICHARD BOWSER | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MICHAEL KRAMER | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ROBERT WILKINSON | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| BETH NEDELISKY | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| BOB BECK | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| BOB CURTIS | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| CRAIG WOOD | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| J ALLEN WRIGHT | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| JAMES GRAULEY | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| JOHN TRUSCHEL | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| MARTIN MOORE | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
4 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SAM SMARTT JR | TRUSTEE Trustee or director | 1 | $0 |
| SARINA SHARP | TRUSTEE Trustee or director | 1 | $0 |
| WILLIAM BURDETTE PART YEAR | TRUSTEE Trustee or director | 1 | $0 |
| BART ROLEN | TRUSTEE Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 18 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Dr Brad Voyles | Trustee Trustee or director | 1 | $0 | $205,995 | $29,734 |
| Marc Erickson | President/Executive Director Officer | 20 | $0 | $196,943 | $26,518 |
| Mark Huffines | Assistant Treasurer Officer | 10 | $0 | $74,883 | $6,324 |
| Michael Kramer | Treasurer Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Richard Bowser | Chairman Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Robert Wilkinson | Secretary Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Bart Rolen | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| Beth Nedelisky | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| Bob Beck | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| Bob Curtis | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| Craig Wood | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| J Allen Wright | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| James Grauley | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| John Truschel | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| Martin Moore | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| Sam Smartt Jr | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| Sarina Sharp | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| William Burdette | Trustee Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 18 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Dr J Derek Halvorson | Trustee Trustee or director | 1 | $0 | $270,382 | $31,535 |
| Marc Erickson | President/Executive Director Officer | 5 | $0 | $189,095 | $22,071 |
| Fred Verwoerd | Assistant Treasurer (part year) Officer | 1 | $0 | $122,033 | $21,654 |
| Michael Kramer | Treasurer Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Richard Bowser | Chairman Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Robert Wilkinson | Secretary Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Beth Nedelisky | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| Bob Beck | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| Bob Curtis | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| Craig Wood | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| J Allen Wright | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| James Grauley | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| John Truschel | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| Martin Moore | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| Sam Smartt Jr | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| Sarina Sharp | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| William Burdette | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| Mark Huffines | Controller Officer | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 14049 SCENIC HWY, LOOKOUT MTN, GA 30750-4100
- In care of
- % MARC ERICKSON
- Principal officer (990 for 2024)
- MARC ERICKSON, 14049 SCENIC HIGHWAY, LOOKOUT MOUNTAIN, GA 30750
- Signed the 990
- MARC ERICKSON, PRESIDENT / EXECUTIVE DIRECTOR
- Phone
- (706) 419-1645
- Website
- COVENANT.GIFTLEGACY.COM
- Return prepared by
- CRI CAPIN CROUSE ADVISORS LLC
Mission
THE COVENANT COLLEGE FOUNDATION IS THE PLANNED-GIVING ARM OF COVENANT COLLEGE. THE PRIMARY PURPOSE IS TO GROW THE COLLEGE'S ENDOWMENT, WHICH HELPS ENSURE THE FUTURE OF THE COLLEGE AND THE PURSUIT OF ITS MISSION TO EXPLORE AND EXPRESS THE PREEMINENCE OF JESUS CHRIST IN ALL THINGS.
Program accomplishments
- THE COVENANT COLLEGE FOUNDATION EXISTS TO SUPPORT COVENANT COLLEGE IN ITS MISSION TO PROVIDE MEMBERS OF THE PRESBYTERIAN CHURCH IN AMERICA AS WELL AS THE WIDER PUBLIC WITH A CHRIST-CENTERED COLLEGE EDUCATION. THE FOUNDATION ACHIEVES THIS MISSION BY RECEIVING GIFTS FROM DONORS THAT ARE THEN GIVEN TO THE COLLEGE IN THE FORM OF GRANTS AND SCHOLARSHIPS TO SUPPORT THE COLLEGE'S OPERATIONS AND FUND STUDENTS' EDUCATION.Expenses $893,550 · grants $893,550
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 27-3298736
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 2010
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $25,656,087
- Income (IRS master file)
- $2,950,459
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $2,195,584 | $1,532,350 | $25,656,087 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $3,659,030 | $1,349,371 | $24,574,789 | IRS |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $1,928,825 | $980,505 | $20,239,671 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $2,624,692 | $1,003,553 | $18,187,987 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 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 27-3298736).
Questions about COVENANT COLLEGE FOUNDATION INC
- What is the EIN of COVENANT COLLEGE FOUNDATION INC?
- The employer identification number (EIN) of COVENANT COLLEGE FOUNDATION INC is 27-3298736.
- Is COVENANT COLLEGE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
- Are donations to COVENANT COLLEGE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does COVENANT COLLEGE FOUNDATION 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 COLLEGE FOUNDATION 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 COLLEGE FOUNDATION 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 COLLEGE FOUNDATION INC?
- The 990 for the year ended June 30, 2025 names MARC ERICKSON.
- Who are the officers and directors of COVENANT COLLEGE FOUNDATION INC?
- The 990 for the year ended June 30, 2025 lists 19 people; 0 received compensation from the organization.
- How much revenue does COVENANT COLLEGE FOUNDATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $2,195,584, expenses of $1,532,350 and total assets of $25,656,087 at year end.
Other nonprofits in LOOKOUT MTN
- COVENANT COLLEGE INC EIN 43-0719506 · last filed 990 for 2025
- THE LOOKOUT MOUNTAIN CLUB INC EIN 62-0197040 · last filed 990 for 2025
- CLASSICAL BEGINNINGS INC EIN 45-5506901 · last filed 990 for 2025
- FAIRYLAND ELEMENTARY SCHOOL PARENT TEACHER ORGANIZATION INC EIN 77-0604929 · last filed 990 for 2026
- WEST BROW FIRE & RESCUE INC EIN 58-2426186 · last filed 990 for 2024
- AALC INC EIN 26-2480633 · last filed 990 for 2025
- UNITED STATES POWER SQUADRONS EIN 23-7230472 · last filed 990-N for 2025
- PSI CHI THE INTERNATIONAL HONOR SOCIETY IN PSYCHOLOGY EIN 62-1357456 · last filed 990-N for 2024