Christian Heritage School Inc
- Assets
- $14.8m
- Revenue
- $9.2m
- Investments
- $0.0
- Employees
- 152
- Location
- Trumbull, CT
- Founding
- 09/1977
- Data as of
- 06/2023
- EIN
- 06-0962262
Organization Overview
Christian Heritage School Inc is located in Trumbull, CT. The organization was established in 1977. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 06/2023, Christian Heritage School Inc employed 152 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Christian Heritage School Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Christian Heritage School Inc generated $9.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $8.4m during the year ending 06/2023. While expenses have increased by 0.2% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE ELEMENTARY AND SECONDARY EDUCATION FOR STUDENTS ENROLLED IN GRADES KINDERGARTEN THROUGH 12TH GRADE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING THE FISCAL YEAR, 413 ELEMENTARY AND SECONDARY STUDENTS RECEIVED A COLLEGE PREPARATORY, CHRISTIAN EDUCATION AT CHRISTIAN HERITAGE SCHOOL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Dube Head Of School | Officer | 40 | $157,000 |
Victoria Wiegand Director Of Finance | Officer | 39 | $87,574 |
Joseph Orban Chairman, Board Of Trustees | Trustee | 10 | $0 |
Mark Silvestri Vice Chairman, Board Of Trustees | Trustee | 10 | $0 |
Michael Angelini Treasurer, Board Of Trustees | Trustee | 10 | $0 |
Edward Morgan Secretary, Board Of Trustees | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $140,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $912,804 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,052,804 |
| Total Program Service Revenue | $7,946,026 |
| Investment income | $41,547 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $22,590 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,155,812 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $835,538 |
| Grants and other assistance to Foreign Orgs/Individuals | $13,934 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $315,036 |
| Compensation of current officers, directors, key employees. | $315,036 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,328,506 |
| Pension plan accruals and contributions | $46,767 |
| Other employee benefits | $1,005,562 |
| Payroll taxes | $241,935 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $20,519 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $73,185 |
| Advertising and promotion | $60,017 |
| Office expenses | $264,195 |
| Information technology | $134,030 |
| Royalties | $0 |
| Occupancy | $497,098 |
| Travel | $62,770 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $14,276 |
| Interest | $78,001 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $512,154 |
| Insurance | $41,759 |
| All other expenses | $104,591 |
| Total functional expenses | $8,407,529 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $269,304 |
| Savings and temporary cash investments | $997,193 |
| Pledges and grants receivable | $15,000 |
| Accounts receivable, net | $363,164 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $145,123 |
| Net Land, buildings, and equipment | $11,268,990 |
| Investments—publicly traded securities | $1,536,459 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $231,293 |
| Total assets | $14,826,526 |
| Accounts payable and accrued expenses | $642,527 |
| Grants payable | $0 |
| Deferred revenue | $622,142 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,435,192 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $237,805 |
| Total liabilities | $2,937,666 |
| Net assets without donor restrictions | $11,240,118 |
| Net assets with donor restrictions | $648,742 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $14,826,526 |