Virginia Christian University is located in Chantilly, VA. The organization was established in 2006. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Virginia Christian University employed 28 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Virginia Christian University 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 12/2021, Virginia Christian University generated $1.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.1% each year. All expenses for the organization totaled $1.3m during the year ending 12/2021. While expenses have increased by 9.2% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
VIRGINIA CHRISTIAN UNIVERSITY IS THE PUBLIC CHARITY UNDER CODE SECTION 501C3 WITH AN IRS APPROVAL
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE CHRISTIAN HIGHER EDUCATIONAL PROGRAMS FOR STUDENTS OF
N/A
N/A
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Thomas Rhee President | OfficerTrustee | 40 | $83,150 |
Min Yup Choi Director | Trustee | 0 | $0 |
Hyn Mo Chung Director | Trustee | 0 | $0 |
Yom Chu Kim Director | Trustee | 0 | $0 |
Choon Suk Park Director | Trustee | 0 | $0 |
Woo Jin Lee Director | Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $32,488 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $32,488 |
Total Program Service Revenue | $1,350,521 |
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 | $1,383,009 |
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 | $517,617 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $39,597 |
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 | $347,201 |
Advertising and promotion | $3,845 |
Office expenses | $0 |
Information technology | $23,432 |
Royalties | $0 |
Occupancy | $47,021 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $38,133 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $52,708 |
Insurance | $15,934 |
All other expenses | $87,556 |
Total functional expenses | $1,262,425 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $806,863 |
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 | $0 |
Net Land, buildings, and equipment | $1,285,020 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $182,822 |
Other assets | $0 |
Total assets | $2,274,705 |
Accounts payable and accrued expenses | $5,142 |
Grants payable | $0 |
Deferred revenue | $55,334 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $793,091 |
Total liabilities | $853,567 |
Net assets without donor restrictions | $1,421,138 |
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 | $2,274,705 |
Over the last fiscal year, we have identified 1 grants that Virginia Christian University has recieved totaling $1,000.
Awarding Organization | Amount |
---|---|
New Life Foundation Vienna, VA PURPOSE: SUPPORT OF GRADUATETO PROVIDE TUITIONSTUDENT | $1,000 |
Organization Name | Assets | Revenue |
---|---|---|
Rescue Missions Ministries Inc Durham, NC | $22,198,926 | $18,805,895 |
Word Among Us Inc Frederick, MD | $22,622,798 | $15,315,908 |
Sat-7 North America Easton, MD | $8,795,990 | $14,809,049 |
Advancing Native Missions Afton, VA | $4,333,922 | $11,124,622 |
National Pro-Life Alliance Springfield, VA | $3,799,169 | $8,934,186 |
Artists In Christian Testimony Brentwood, TN | $4,393,846 | $10,064,345 |
Acca Inc Annandale Christian Community For Action Annandale, VA | $4,445,077 | $8,164,971 |
Love Worth Finding Ministries Inc Memphis, TN | $3,628,719 | $7,504,607 |
Cabarrus Cooperative Christian Ministry Inc Concord, NC | $3,832,033 | $7,565,999 |
G O Ministries Inc Louisville, KY | $3,216,170 | $6,018,777 |
Clover Garden School Inc Burlington, NC | $26,998,192 | $6,754,546 |
Christian Light Publications Inc Harrisonburg, VA | $15,496,794 | $6,422,762 |