New Covenant Fellowship of Stillwater, Inc
How we got $805K
Based on its 5 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
What they do
New Covenant Fellowship is a Christ-centered church community in Stillwater, OK that gathers people to worship, pray and study the Bible, and offers small groups, student ministry and kids programs.
From the company's website. Industry: Churches & nonprofits.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| NEW COVENANT FELLOWSHIP OF STILLWATER, INC this business | $805K | — |
| STILLWATER FIRST CHURCH OF THE NAZARENE Stillwater · 4 employees | $349K | 0.2 mi |
| HIGHLAND PARK UNITED METHODIST CHURCH, STILLWATER, OKLAHOMA, Stillwater · 7 employees | $629K | 0.3 mi |
| ABUNDANT LIFE UNITED PENTECOSTAL CHURCH Stillwater · 3 employees | $244K | 0.9 mi |
| CHURCH OF CHRIST OF STILLWATER Stillwater · 12 employees | $2.0M | 1.0 mi |
| FIRST CHRISTIAN CHURCH (DOC) STILLWATER. INC Stillwater · 8 employees | $1.0M | 1.1 mi |
| REDEEMER CHURCH OF STILLWATER, INC. Stillwater · 4 employees | $651K | 1.2 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $822K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.8M |
| Estimate: the two combined (geometric mean) | $805K |
| EBITDA margin (industry, adjusted for size) | 36% |
| EBITDA = revenue × margin | $291K |
Calibrated: revenue lowered to 57% of the industry-average estimate, to match what businesses in this industry actually report.
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Revenue range | $530K – $918K |
| EBITDA range | $192K – $332K |
| Industry (NAICS) | Religious, Grantmaking, Civic, Professional, and Similar Organizations (813110) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
People & advisors
Advisors
- BankingBancFirstPPP / 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
| BancFirst PPP 2020 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/11/2020 | first | $46K | 5 |
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 Stillwater, Inc
New Covenant Fellowship of Stillwater, Inc is a churches & nonprofits company in Stillwater, Oklahoma, in business since 1999. Its estimated annual revenue is about $805K, with roughly $291K of EBITDA. It has about 5 employees.
Common questions
- Who owns New Covenant Fellowship of Stillwater, Inc?
- The owner of New Covenant Fellowship of Stillwater, 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 Stillwater, Inc make?
- SeeBITDA estimates New Covenant Fellowship of Stillwater, Inc's annual revenue at about $805K (likely between $530K and $918K), 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 Stillwater, Inc have?
- About 5, as reported on its PPP loan.
- When was New Covenant Fellowship of Stillwater, Inc founded?
- New Covenant Fellowship of Stillwater, Inc has been in business since 1999.