Oak Hill Classical School Inc
- Assets
- $1.2m
- Revenue
- $924.0k
- Investments
- $0.0
- Employees
- 35
- Location
- Dacula, GA
- Founding
- 08/2006
- Data as of
- 06/2023
- EIN
- 20-2943565
Organization Overview
Oak Hill Classical School Inc is located in Dacula, GA. The organization was established in 2006. 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 06/2023, Oak Hill Classical School Inc employed 35 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oak Hill Classical 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, Oak Hill Classical School Inc generated $924.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.9%) each year. All expenses for the organization totaled $838.8k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (5.5%) per year over the past 7 years. 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 AN EDUCATION THAT CULTIVATES WISDOM, JOYFUL LEARNING, AND LOVE OF GOD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OAK HILL CLASSICAL SCHOOL, INC. (OAK HILL) IS A PRIVATE, PREPARATORY ACADEMY IN DACULA, GA, OFFERING GRADES K4-12. THE SCHOOL GRADUATED OUR FIRST CLASS IN MAY 2017. OAK HILL'S MISSION IS TO PROVIDE AN EDUCATION THAT CULTIVATES WISDOM, JOYFUL LEARNING, AND LOVE OF GOD AND OTHERS. IN ORDER TO FULFILL OUR MISSION, OAK HILL PROVIDES FAMILIES WITH AN EDUCATION THAT IS BOTH CLASSICAL AND CHRISTIAN. IT IS CLASSICAL IN THAT IT DRAWS DEEPLY ON THE RICH HERITAGE OF WESTERN CIVILIZATION AND CULTURE; IT IS CHRISTIAN IN THAT IT RECOGNIZES THE BIBLE AS THE FINAL AUTHORITY IN ALL MATTERS OF LIFE AND THOUGHT. STUDENTS ARE NURTURED IN THE IDEA THAT THE CHRISTIAN FAITH IS THE INTEGRATING PRINCIPLE FOR ALL OF LIFE. ADDITIONALLY, OAK HILL STRIVES TO FUNCTION AS A COVENANTAL COMMUNITY IN WHICH STUDENTS ARE RESPECTED AS UNIQUE INDIVIDUALS CREATED IN THE IMAGE OF GOD, EACH WITH SPECIAL GIFTS AND NEEDS. GIFTS ARE FROM GOD (JAMES 1:17) AND GIVEN FOR THE BENEFIT OF THE BODY AND COMMUNITY TO THE GLORY OF GOD (ROMANS 12). THEY ARE TAUGHT BY SKILLED AND KNOWLEDGEABLE TEACHERS WHO LOVE CHILDREN AND ARE DEDICATED TO HELPING THEM REALIZE THEIR HIGHEST POTENTIAL SPRITUALLY, INTELLECTUALLY, PHYSICALLY, SOCIALLY AND CREATIVELY.
DEPRECIATION EXPENSE ON NON-INVESTMENT PROPERTY. SAME WORDING AS LISTED IN 1ST EXEMPT PURPOSES ACCOMPLISHMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew Sharp Vice Chairma | OfficerTrustee | $0 | |
Alex Quilis Treasurer | Officer | $0 | |
Ken Rucker Board Member | Trustee | $0 | |
Scott Knuteson Chair | OfficerTrustee | $0 | |
Derek Monjure Board Member | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $13,379 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $74,391 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $87,770 |
| Total Program Service Revenue | $836,268 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $924,038 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $557,792 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $8,798 |
| Advertising and promotion | $0 |
| Office expenses | $6,123 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,361 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $33,155 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $36,690 |
| Insurance | $19,916 |
| All other expenses | $35,072 |
| Total functional expenses | $838,793 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $248,105 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $2,510 |
| Net Land, buildings, and equipment | $905,340 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,155,955 |
| Accounts payable and accrued expenses | $468 |
| Grants payable | $0 |
| Deferred revenue | $64,943 |
| 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 | $515,144 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $580,555 |
| Net assets without donor restrictions | $575,400 |
| Net assets with donor restrictions | $0 |
| 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 | $1,155,955 |