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Nebraska · Nonprofit

FIRST COVENANT CHURCH FOUNDATION

FIRST COVENANT CHURCH FOUNDATION (Nebraska) receives grants from 1 organization whose IRS filings report $179,222 to it, the largest being DONOR ADVISED CHARITABLE GIVING INC ($179,222). 1 of them have funded it in more than one year, and 100% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$178k
Funders on record
1
Grants received
$179k
Net assets
$1.1M
1/1 repeat funderspeak grant-dependency 52%
01What it does

What First Covenant Church Foundation does

Mission

First Covenant Church Foundation is a supporting organization of first covenant church of omaha, ne. It was formed to support the charitable, religious and educational programs of first covenant church of omaha.

As stated on its FY2024 Form 990.

Programs

  1. To first covenant church of omaha, ne to support their evangelism & outreach purpose through an all church retreat sponsorship.

    $7,500 spentof which $7,500 as grants
    8% of program spending
  2. To first covenant church of omaha, ne to support its general operating budget for providing religious services, christian education and youth and adult activities and services.

    $85,711 spentof which $85,711 as grants
    87% of program spending
  3. To first covenant church of omaha, ne for camp scholarships.

    $5,000 spentof which $5,000 as grants
    5% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $98,211.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($152k) Expenses 100 ($41k) Net assets 100 ($925k)2018 Revenue 28 ($42k) Expenses 112 ($46k) Net assets 91 ($840k)2019 Revenue 43 ($66k) Expenses 440 ($182k) Net assets 90 ($837k)2020 Revenue 20 ($31k) Expenses 77 ($32k) Net assets 101 ($932k)2021 Revenue 79 ($119k) Expenses 82 ($34k) Net assets 114 ($1.1M)2022 Revenue 23 ($36k) Expenses 88 ($37k) Net assets 90 ($833k)2023 Revenue 60 ($92k) Expenses 146 ($60k) Net assets 108 ($997k)2024 Revenue 117 ($178k) Expenses 253 ($105k) Net assets 119 ($1.1M)
'17'18'19'20'21'22'23'24
Revenue (117)Expenses (253)Net assets (119)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $1.1M to $833k (−21%).

$925k
$840k
$837k
$932k
$1.1M
$833k
$997k
$1.1M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

30% of FIRST COVENANT CHURCH FOUNDATION’s revenue is contributions — more earned-revenue than three-quarters of its peers (100% for the typical peer).

This organization
Typical peer · 15,288 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.

$110k
’17
−$4k
’18
−$116k
’19
−$1k
’20
$85k
’21
−$1k
’22
$31k
’23
$74k
’24

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

'17'18'19'20'21'22'23'24
Listed87886556
Joined·+2+1+0+0+2+2+1
No longer listed·3002320
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'23
'24*
'25*
total
funders
1
1
1

1 of 1 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 100% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of FIRST COVENANT CHURCH FOUNDATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of FIRST COVENANT CHURCH FOUNDATION's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Too little is directly attributable to place on a map.

Funder states come from each funder’s own filing. $179k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

FIRST COVENANT CHURCH FOUNDATION runs a healthier operating margin than three-quarters of the 12,816 religion nonprofits its size.

Operating margin41% · top quartile
Revenue growth (annualized)2% · below the median

this organization peer median middle 50% of peers· 12,816 religion nonprofits $100k–$1M, FY2024

Organizations like FIRST COVENANT CHURCH FOUNDATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Nebraska

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

94% of spending goes to programs.

Program 94%Management 6%Fundraising 0%

Governance

6
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990–Audited financials

Footprint & structure

Part of a family of 1 related entity

  • First Covenant Church of Omaha Ne · exempt

Screen this organization

A dated, signed PDF of the compliance screen for FIRST COVENANT CHURCH FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds FIRST COVENANT CHURCH FOUNDATION?
FIRST COVENANT CHURCH FOUNDATION (Nebraska) receives grants from 1 organization whose IRS filings report $179,222 to it, the largest being DONOR ADVISED CHARITABLE GIVING INC ($179,222). 1 of them have funded it in more than one year, and 100% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does FIRST COVENANT CHURCH FOUNDATION have?
IRS filings report 1 organization giving $179,222 in grants to FIRST COVENANT CHURCH FOUNDATION, 1 of which have funded it in more than one year.
Who is the largest funder of FIRST COVENANT CHURCH FOUNDATION?
DONOR ADVISED CHARITABLE GIVING INC is the largest funder on record, with $179,222 in grants. The full list of funders is on this page.
How can an organization like FIRST COVENANT CHURCH FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Nebraska. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing