Christian Academy Of Indiana Inc
- Assets
- $12.0m
- Revenue
- $10.0m
- Investments
- $0.0
- Employees
- 212
- Location
- Louisville, KY
- Founding
- 03/2004
- Data as of
- 06/2022
- EIN
- 06-1686237
Organization Overview
Christian Academy Of Indiana Inc is located in Louisville, KY. The organization was established in 2004. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2022, Christian Academy Of Indiana Inc employed 212 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Christian Academy Of Indiana 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 06/2022, Christian Academy Of Indiana Inc generated $10.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $8.3m during the year ending 06/2022. While expenses have increased by 2.6% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PRIVATE EDUCATIONAL INSTITUTION FOR GRADES K-12
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHRISTIAN ACADEMY OF INDIANA, INC. IS A NONPROFIT RELIGIOUS/EDUCATIONAL ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE SCHOOL HOLDS A DISTINCTIVE PLACE AMONG EDUCATIONAL INSTITUTIONS IN THE KENTUCKIANA AREA BY PROVIDING A HIGH QUALITY, CHRISTIAN EDUCATION FOR GRADES PRESCHOOL THROUGH HIGH SCHOOL. THE SCHOOL SEEKS TO PROVIDE A TRADITIONAL EDUCATION IN A CHRIST-CENTERED ENVIRONMENT, OR "EDUCATION WITH A HIGHER PURPOSE". IN 2021-22, THE SCHOOL OPERATED ONE CAMPUS IN INDIANA WITH 983 STUDENTS PRESCHOOL THROUGH 12TH GRADE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Watkins Vice Chair | OfficerTrustee | 10 | $0 |
Matt Chalfant Chair | OfficerTrustee | 10 | $0 |
Jeremy Nelson Secretary | OfficerTrustee | 10 | $0 |
Jeff Mallory CFO | Officer | 20 | $0 |
Moe Lundrigan Executive Director | Officer | 20 | $0 |
Darin Long Superintendent | Officer | 20 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Alpha Mechanical Inc Hvac Services | 6/29/22 | $205,163 |
Janitorial Cleaning System Llc Janitorial Services | 6/29/22 | $202,426 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $103,154 |
| Related organizations | $776,488 |
| Government grants | $10,935 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $890,577 |
| Total Program Service Revenue | $9,141,232 |
| Investment income | $407 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$9,617 |
| Net Income from Fundraising Events | -$770 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,041,180 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $471,850 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,963,960 |
| Pension plan accruals and contributions | $36,191 |
| Other employee benefits | $587,219 |
| Payroll taxes | $281,208 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $80,163 |
| Advertising and promotion | $26,508 |
| Office expenses | $102,350 |
| Information technology | $208,068 |
| Royalties | $0 |
| Occupancy | $1,026,503 |
| Travel | $13,111 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,008 |
| Interest | $71,325 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $586,195 |
| Insurance | $58,329 |
| All other expenses | $130,111 |
| Total functional expenses | $8,283,516 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $248,963 |
| Savings and temporary cash investments | $1,156,469 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $16,862 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $3,150 |
| Prepaid expenses and deferred charges | $152,881 |
| Net Land, buildings, and equipment | $10,428,793 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $12,007,118 |
| Accounts payable and accrued expenses | $389,135 |
| Grants payable | $0 |
| Deferred revenue | $1,386,890 |
| Tax-exempt bond liabilities | $2,016,402 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $97,967 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,890,394 |
| Net assets without donor restrictions | $8,007,971 |
| Net assets with donor restrictions | $108,753 |
| 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 | $12,007,118 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Christian Academy Of Indiana Inc has recieved totaling $236,068.
| Awarding Organization | Amount |
|---|---|
Christian Academy Of Louisville Foundation Inc Louisville, KY PURPOSE: The Foundation exists to support the Christian Academy of Indiana's school system's projects | $213,115 |
Norton Healthcare Inc Louisville, KY PURPOSE: Program support to ensure that trainers and sports medicine experts are available and support of baseline concussion testing. | $22,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $453 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Chicago Charter School Corporation Chicago, IL | $14,482,747 | $19,743,627 |
Hope Educational & Research Center St Louis, MO | $196,443,117 | $45,382,338 |
Louisville Collegiate School Louisville, KY | $44,243,091 | $19,424,992 |
Columbus School For Girls Columbus, OH | $50,828,669 | $22,436,209 |
Canterbury School Inc Fort Wayne, IN | $14,789,368 | $17,058,422 |
Timothy Christian Schools Elmhurst, IL | $41,280,764 | $20,446,601 |
Kentucky Country Day School Inc Louisville, KY | $45,327,857 | $17,940,550 |
Imagine Schools Inc Vienna, VA | $112,554,052 | $31,881,932 |
Maumee Valley Country Day School Toledo, OH | $12,782,081 | $15,512,286 |
Capstone Education Group Inc Memphis, TN | $24,521,664 | $20,250,688 |
Sayre School Lexington, KY | $37,948,520 | $16,925,718 |
Lexington Christian Academy Inc Lexington, KY | $37,177,484 | $18,280,442 |