SeeBITDAOklahoma

New Covenant Fellowship of Oklahoma Inc

Estimated revenueMedium confidence
$8.1M
$6.1Mlikely range$10.6M
Revenue
$8.1M
a year
EBITDA
$2.1M
26% of revenue
Employees
10
reported in 2020
Leadership
Owner not found yet
We haven't found the owner in public records
Has a management team. Someone besides the owner runs part of the business, which buyers pay more for.

How we got $8.1M

Based on 10 employees reported for PPP in 2020, grown 8% a year since.

10 employees (PPP loan, 2020)10
× 1.63 growth (8% a year since 2020)16 today
× $500K revenue per employee (churches & nonprofits)$8.1M
× 26% EBITDA margin$2.1M

Own this business? Correct these figures

What we know

PPP loan, 2020
No 401(k) filing
No reported financials
Company website
Owner not found

What they do

Tulakes Covenant Fellowship is a church family in the OKC metro that meets for Sunday worship gatherings and fellowship groups, with the stated aim of seeing the metro saturated with the gospel of Jesus.

Products & services
Sunday GatheringsFellowship GroupsOnline Service
Service area
OKC metro

From the company's website. Industry: Churches & nonprofits.

Compared with similar businesses nearby

BusinessEst. revenueEst. EBITDADistance
NEW COVENANT FELLOWSHIP OF OKLAHOMA INC
this business
$8.1M$2.1M—
BETHANY FIRST CHURCH OF THE NAZARENE
Bethany · 62 employees
$50.5M$10.8M0.2 mi
CHURCH OF CHRIST OF BETHANY INC
Bethany · 2 employees
$1.6M$533K0.6 mi
PUTNAM CITY UNITED METHODIST CHURCH
Warr Acres · 10 employees
$8.1M$2.1M0.7 mi
BETHANY ** CALVARY CHURCH OF THE NAZARENE
Bethany · 14 employees
$11.4M$2.8M0.7 mi
INTERNATIONAL PENTECOSTAL HOLINESS CHURCH, INC.
Bethany · 73 employees
$59.5M$12.7M0.8 mi
CITY CENTER OUTREACH INC
Warr Acres · 10 employees
$959K$347K0.8 mi

Ranges & sources

Revenue range$6.1M – $10.6M
EBITDA range$1.6M – $2.8M
Industry (NAICS)Religious, Grantmaking, Civic, Professional, and Similar Organizations (813110)

EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.

Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology

History & advisors

Advisors

  • BankingBOKF, National AssociationPPP / SBA lender

From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.

Banking relationships

BOKF, National Association
PPP 2020
All 2,399 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/28/2020first$13K$13K10BOKF, National Association

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About New Covenant Fellowship of Oklahoma Inc

New Covenant Fellowship of Oklahoma Inc is a churches & nonprofits company in Bethany, Oklahoma, in business since 2018. Its estimated annual revenue is about $8.1M, with roughly $2.1M of EBITDA. It has about 10 employees.

Common questions

Who owns New Covenant Fellowship of Oklahoma Inc?
The owner of New Covenant Fellowship of Oklahoma Inc isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
How much revenue does New Covenant Fellowship of Oklahoma Inc make?
SeeBITDA estimates New Covenant Fellowship of Oklahoma Inc's annual revenue at about $8.1M (likely between $6.1M and $10.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
How many employees does New Covenant Fellowship of Oklahoma Inc have?
About 10, as reported on its PPP loan.
When was New Covenant Fellowship of Oklahoma Inc founded?
New Covenant Fellowship of Oklahoma Inc has been in business since 2018.