First Christian Academy & Learningcenter Inc is located in New Port Richey, FL. The organization was established in 2007. 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 07/2022, First Christian Academy & Learningcenter Inc employed 66 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. First Christian Academy & Learningcenter 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 07/2022, First Christian Academy & Learningcenter Inc generated $2.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.6% each year . All expenses for the organization totaled $2.3m during the year ending 07/2022. While expenses have increased by 11.3% 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
THE MAIN EXEMPT PURPOSE OF FIRST CHRISTIAN ACADEMY & LEARNING CENTER, INC. IS TO CONNECT CHILDREN AND FAMILIES TO CHRIST THROUGH CHRISTIAN EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FIRST CHRISTIAN ACADEMY & LEARNING CENTER, INC. IS A CHRISTIAN PRE-K/ELEMENTARY/MIDDLE SCHOOL WHOSE PURPOSE IS TO CONNECT CHILDREN AND FAMILIES TO CHRIST THROUGH CHRISTIAN EDUCATION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Susan Kunsman Administrator/dvc | Officer | 40 | $60,000 |
Dale Petersen President/chairman | Officer | 2 | $0 |
Jake Fassnacht Director | Trustee | 1 | $0 |
John Rodenbush Director | Trustee | 1 | $0 |
John Stege Director | Trustee | 1 | $0 |
Donna Petersen Treasurer | Trustee | 1 | $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 | $5,000 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $5,000 |
Total Program Service Revenue | $2,254,499 |
Investment income | $230 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $35,669 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,295,398 |
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. | $60,000 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,235,318 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $94,563 |
Payroll taxes | $100,180 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $13,156 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $51,274 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $188,878 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $65,741 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $19,584 |
Insurance | $17,074 |
All other expenses | $128,470 |
Total functional expenses | $2,267,056 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $97,470 |
Savings and temporary cash investments | $658,480 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $529,292 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $4,998 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $1,751,961 |
Net Land, buildings, and equipment | $72,135 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $3,000 |
Total assets | $3,117,336 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $2,519,239 |
Total liabilities | $2,519,239 |
Net assets without donor restrictions | $598,097 |
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 | $3,117,336 |
Over the last fiscal year, we have identified 1 grants that First Christian Academy & Learningcenter Inc has recieved totaling $42.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $42 |
Organization Name | Assets | Revenue |
---|---|---|
Trinity School Inc Atlanta, GA | $133,203,671 | $25,058,941 |
Carrollwood Day School Education Inc Tampa, FL | $44,857,641 | $20,567,249 |
Kipp Jacksonville Inc Jacksonville, FL | $9,839,108 | $19,518,543 |
Randolph School Huntsville, AL | $69,168,210 | $21,425,432 |
Renaissance Arts And Education Inc Palmetto, FL | $29,910,781 | $21,492,050 |
Lakeland Christian School Inc Lakeland, FL | $60,596,367 | $29,249,240 |
Alfred B Maclay Jr Day School Tallahassee, FL | $28,425,288 | $17,967,088 |
North Cobb Christian School Inc Kennesaw, GA | $44,288,708 | $22,180,039 |
Palm Beach Day Academy Inc Palm Beach, FL | $39,954,020 | $18,116,482 |
Rabbi Harry H Epstein School Inc Sandy Springs, GA | $8,141,821 | $15,062,509 |
The Alfred And Adele Davis Academy Inc Atlanta, GA | $60,440,379 | $18,707,941 |
Stratford Academy Inc Macon, GA | $32,525,377 | $15,089,989 |