Seminary Covenant Community
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- It reported loans to or from officers, directors or other insiders.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
OUR MISSION IS TO PROVIDE SPIRITUAL EDUCATION, HOUSING AND COMMUNITY DEVELOPMENT THROUGH MUSIC, AVIATION AND OUTREACH IN AN INTERDENOMINATIONAL MINISTRY.
- Income
- $1.6 million
- Spending
- $784,333
- Spent on programs
- 87%
- Reserves
- -22 months of spending
- Largest source of income
- donations and private grants, 73%
- Employees
- 2
- Volunteers
- 30
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 50 out of 100.
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
5 of 20It owes 53% of what it owns.
Living within its means
15 of 15Income exceeded spending by 50% of income.
Income trend
15 of 15Income rose 55% on the year before.
Spending floor
15 of 1587% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Weak: 26 out of 100.
Independent board
5 of 252 of 4 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Independent check of accounts
0 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
0 of 10Reports at least one of: diversion of assets, excess benefits, loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- $413,495 spent. THE MINISTRY PROVIDES ASSISTANCE TO THOSE STRUGGLING WITH HOUSING AND EMPLOYMENT. 30 MINISTRY OWNED RENTAL PROPERTIES ARE RENTED AT A RATE WHICH IS EQUAL TO OR BELOW HUD GUIDELINES TO TENANTS WHO HAVE TROUBLE FINDING HOUSING DUE TO INCOME, POOR CREDIT OR CRIMINAL HISTORY. THE MINISTRY ALSO PROVIDES HOUSING FOR YOUNG ADULTS AGING OUT OF THE FOSTER CARE SYSTEM. SOME OF THE MAINTENANCE AND REPAIRS OF THE PROPERTIES ARE CONDUCTED BY TEENS IN THE WINGS OF GRACE FLIGHT PROGRAM AS A WAY FOR THEM TO EARN A SCHOLARSHIP FOR A PRIVATE PILOT'S LICENSE.
- $185,574 spent. TO TEACH TEENAGERS LIFE LESSONS THROUGH AVIATION. SPECIFIC AVIATION PRINCIPLES THAT PROMOTE SAFE FLIGHT ARE USED TO TEACH PRINCIPLES THAT LEAD TO SUCCESS AND PROSPERITY IN ALL AREAS OF LIFE. WEEKLY CLASSES ARE CONDUCTED WITH VOLUNTEER MENTORS. APPROXIMATLY 150 STUDENTS ARE ENROLLED OVER 6 CHAPTERS. STUDENTS HAVE THE ABILITY TO EARN A SCHOLARSHIP FOR A PRIVATE PILOT'S LICENSE BY PERFORMING 400 COMMUNITY SERVICE HOURS DURING THEIR HIGH SCHOOL YEARS. SERVICE HOURS CAN BE EARNED BY PERFORMING MAINTENANCE DUTIES ON THE MINISTRY OWNED PROPERTIES OR BY HELPING LOCAL CHARITIES WITH VARIOUS TASKS.
- THE MINISTRY HAS BEGUN DEVELOPING HOUSING PROJECTS SPECIFICALLY FOR YOUTH AGING OUT OF FOSTER CARE. CONSTRUCTION ON A 24 UNIT APARTMENT BUILLDING HAS BEGUN IN MELBOURNE, FLORIDA WITH COMPLETION EXPECTED IN THE FALL OF 2025. LAND HAS BEEN ACQUIRED TO BUILD A 26 UNIT APARTMENT BUILDING WITH CONSTRUTION TO COMMENCE IN 2025. THE MINISTRY IS PARTNERING WITH SEVERAL OTHER AGENCIES TO PROVIDE EDUCATION AND VOCATION TRAINING ALONG WITH VARIOUS WRAP-AROUND SERVICES. THE MISSION IS TO PROVIDE HOUSING TO YOUTH WHO WOULD OTHERWISE BE HOMELESS WHEN LEAVING FOSTER CARE AND PROVIDING COUNSELING AND MENTORING PROGRAMS TO HELP THEM ACHIEVE THEIR FULL POTENTIAL AS PRODUCTIVE MEMBERS OF SOCIETY.
- $83,693 spent. MUSIC MINISTRY AND VARIOUS SMALLER PROGRAMS
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Worth knowing.
Not individually listed by the IRS as eligible, which is usual for local chapters covered by a parent organization's exemption. The master file records contributions to it as deductible.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since February 1998.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.