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Sep 22, 2016 7:18 EDT

Covenant Kids Manor, Inc. (CKM), mission as a non-profit 501(c)3 publicly-supported foundation is to utilize a Supportive Foster Care approach

iCrowdNewswire - Sep 22, 2016

Covenant Kids Manor Inc. Logo

Covenant Kids Manor Inc.

Consumer Services

Covenant Kids Manor, Inc. (CKM), mission as a non-profit 501(c)3 publicly-supported foundation is to utilize a Supportive Foster Care approach. To address the lack of available homes for children in foster care. We have operated a Child Caring Agency in the State of Florida for the past 14 years. Our new business goal is to expand the agency first in Florida and then nationwide by hiring staff to live in and manage a home with foster children which is located in a residential setting. The staff would work from home and be paid $60.00 per day per foster child as a salary. The CKM staff member would earn $21,900. per year per child or based on the maximum number of children (5) they would earn a potential salary over $100,000. annually. Each newly licensed residential group home of 5 would generate $237,000+ per location. Each new location generates its own revenue and the staff receives the same proven training to ensure the success of the employee and the optimal care of the foster children, staff recruitment and retention will be high. CKM will be able to accommodate children ages newborn to 17. We can also make our homes available to some of the 17,000 unaccompanied alien children that have been placed into foster care nationwide with the number expected to reach 33,000 by years end. Florida has approximately 11,000 children in foster care.

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Covenant Kids Manor, Inc. (CKM, Inc.) has a 15-year plan to open 500 licensed residential group homes of 5 children located in urban cities across the country. These licensed homes would have full time live in staff who care for the foster children and be able to earn a living doing so. By paying staff a $50.00 per day per child salary instead of the small $15.00 per day reimbursement that traditional foster parents receive, employees will be professional managers of their own foster care clients under the supervision and direction of CKM. CKM would have supervisors to oversee the live in staff and provide support to many residential group home families within a strategic area. Since there are currently over 400,000 children in foster care nationwide, these figures are very realistic and also a conservative estimate.


Our first group home opened in August 2001, and our second group home opened in December 2001. Our daily rate per child went from $70/day, to $84/day, to $97/day, to $105/day until we negotiated our current rate of $130/day per child. We grew to 6 group homes in 2008, then relocated three group homes and reduced our number of homes to 3 in 2010. We currently have 5 group homes with annual revenue of $1,152,000. We are licensing our 6th group home and we have been paid special rates from $200 to $450 per day for children who are harder to place and require special supportive services.



President Executive Officer
Cynthia M. Webster,BA,SCLA,ACA,AIM

Cynthia M. Webster,BA,SCLA,ACA,AIMMrs. Webster has over 28 years of management experience and co-founded Covenant Kids Manor, Inc. As its president, she obtained CKM, Inc.’s IRS status as well as its Florida incorporation, and she developed and implemented CKM’s policies and procedures. She negotiated over 12 contracts with Department of Children and Families Lead Agencies. She is responsible for the Board of Trustee recruitment and development as well as recruiting, hiring, and ongoing training of managers and direct care staff. Mrs. Webster worked with the CFO for all current and previous group home site selection and lease negotiations. She also works closely with foster care placement offices to screen potential foster client intakes into CKM group homes. A Magna Cum Laude graduate of Howard University in Legal Communications with a minor in psychology, Mrs. Webster also has 3 insurance designations (SCLA-Senior Claims Law; ACA-Associate in Claims; and AIM-Associate in Insurance Management).

Vice President Financial Officer
Scott J. Webster

Scott J. WebsterMr. Webster co-founded Covenant Kids Manor, Inc. He has over 19 years management experience including 14 years leading the financial division of CKM, Inc. As the CFO of CKM, Inc., he is responsible for financial reporting, budgeting, investment management, and debt management. Mr. Webster participates in corporate audits and works closely with the bookkeeper, the CPA, and State Financial Auditors. It was Mr. Webster’s start-up funding of $45K that launched CKM, Inc. after he had received $85K auto bodily injury settlement. After paying his attorneys fees, the balance was all used to start CKM, Inc. Mr. Webster is a proud veteran of the U.S. Air Force at Vandenberg, California, where he was a supervisor at Florida Hospital Environmental Services covering the Medical Center & Disney Cancer Center. After leaving the Air Force, Mr. Webster managed several franchised business, including Dunkin Donuts, Krystals, and Snappy Car Rental. He attended Mansfield Univ. in Mansfield, Pennsylvania.


Prior Year Revenue Current Year Revenue Next Year Revenue


Company Age Employees Sub-Industry
16 years, 3 months 18 Other Consumer Services


Company Type Stock Exchange Stock Symbol
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