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California · Nonprofit

NEW COVENANT ACADEMY

NEW COVENANT ACADEMY (California) receives grants from 6 organizations whose IRS filings report $219,161 to it, the largest being CENTRAL PENNSYLVANIA SCHOLARSHIP FUND ($95,500). 4 of them have funded it in more than one year.

Revenue FY2025
$3.7M
Funders on record
6
Grants received
$219k
Net assets
$8.2M
4/6 repeat funderspeak grant-dependency 3%
01What it does

What New Covenant Academy does

Mission

New Covenant Academy NCA is a Christian college preparatory school. NCAs mission is to educate, enable, and equip the Christian Leaders of Tomorrow. NCA is committed to offering theologically sound, balanced, and practical Christian education to its students grades 1 through 12.

As stated on its FY2025 Form 990.

Program

  1. New Covenant Academy is a nonprofit educational institution for grades 1 thru 12. NCA is a Christian school committed to providing Christian education. All students are required to take bible as a subject and participate in regular school activities such as Chapel and Worship.

    $3,157,688 spent$3,344,147 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $3,157,688.

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 ($2.9M) Expenses 100 ($2.7M) Net assets 100 ($6.1M)2019 Revenue 106 ($3.1M) Expenses 112 ($3.0M) Net assets 104 ($6.3M)2021 Revenue 107 ($3.1M) Expenses 103 ($2.7M) Net assets 78 ($4.7M)2022 Revenue 102 ($2.9M) Expenses 104 ($2.8M) Net assets 81 ($4.9M)2023 Revenue 103 ($3.0M) Expenses 108 ($2.9M) Net assets 79 ($4.8M)2024 Revenue 116 ($3.3M) Expenses 120 ($3.2M) Net assets 135 ($8.2M)2025 Revenue 129 ($3.7M) Expenses 139 ($3.7M) Net assets 135 ($8.2M)
2017201920212022202320242025
Revenue (129)Expenses (139)Net assets (135)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 2023 to 2024, from $4.8M to $8.2M (+70%).

$6.1M
$6.3M
$4.7M
$4.9M
$4.8M
$8.2M
$8.2M
2017201920212022202320242025
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
2019
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 12%. Grants only. Government contracts and fees sit inside program revenue.

3% of NEW COVENANT ACADEMY’s revenue is contributions — more earned-revenue than three-quarters of its peers (48% for the typical peer).

This organization
Typical peer · 12,352 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 7 reported years ran a deficit.

$203k
’17
$59k
’19
$322k
’21
$169k
’22
$68k
’23
$120k
’24
−$619
’25
13
months of
reserve

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.

Chief executive

Jason Song

Chief executive officer

As listed on its FY2025 Form 990.

2017201920212022202320242025
Listed4554544
Joined···+0+1+0+0
No longer listed···1010
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 3 funders, grant income rose $1k → $91k.

Funder
'17
'18
'19
'20
'21
'22
'23
'24*
total
$6k
funders
1
1
1
3
2
1
3
2

1 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 0% 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 NEW COVENANT ACADEMY’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.

How concentrated its funding is

NEW COVENANT ACADEMY leans on a few funders — its largest provides 44% of grant income and the top three 95%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

84% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund NEW COVENANT ACADEMY.

44%
largest funder
95%
top three
~3
effective funders

Largest funder’s share by year: 2017 100% · 2018 100% · 2019 100% · 2020 83% · 2021 99% · 2022 100% · 2023 53% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. 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

54% of NEW COVENANT ACADEMY's grant income comes from California funders.

PA
CA
HI

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’23
California out of state home

Funder states come from each funder’s own filing. $831 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

NEW COVENANT ACADEMY holds deeper cash reserves than three-quarters of the 9,398 education nonprofits its size.

Operating margin−0% · below the median
Months of reserve13.0mo · top quartile
Revenue growth (annualized)3% · below the median

this organization peer median middle 50% of peers· 9,398 education nonprofits $1M–$10M, FY2025

Organizations like NEW COVENANT ACADEMY

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 California

Nationally

05Profile & governance

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

Where the money goes

85% of spending goes to programs.

Program 85%Management 15%Fundraising 0%

Governance

4
board members
75%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Footprint & structure

Files a return copy in 1 state

CA

Screen this organization

A dated, signed PDF of the compliance screen for NEW COVENANT ACADEMY: 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 NEW COVENANT ACADEMY?
NEW COVENANT ACADEMY (California) receives grants from 6 organizations whose IRS filings report $219,161 to it, the largest being CENTRAL PENNSYLVANIA SCHOLARSHIP FUND ($95,500). 4 of them have funded it in more than one year.
How many funders does NEW COVENANT ACADEMY have?
IRS filings report 6 organizations giving $219,161 in grants to NEW COVENANT ACADEMY, 4 of which have funded it in more than one year.
Who is the largest funder of NEW COVENANT ACADEMY?
CENTRAL PENNSYLVANIA SCHOLARSHIP FUND is the largest funder on record, with $95,500 in grants. The full list of funders is on this page.
How can an organization like NEW COVENANT ACADEMY find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in California. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds New Covenant Academy →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 6 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