Vardaman Street Christian Academy Inc
- Assets
- $569.7k
- Revenue
- $380.7k
- Investments
- $0.0
- Employees
- 25
- Location
- Wiggins, MS
- Founding
- 06/2009
- Data as of
- 06/2023
- EIN
- 26-2492976
Organization Overview
Vardaman Street Christian Academy Inc is located in Wiggins, MS. The organization was established in 2009. 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, Vardaman Street Christian Academy Inc employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vardaman Street Christian Academy 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, Vardaman Street Christian Academy Inc generated $380.7k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $370.6k during the year ending 06/2023. While expenses have increased by 5.7% per year over the past 6 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
TEACHING "THE WAY OF THE SAVIOR" ON A DAILY BASIS IN CONJUNCTION WITH THE HIGHEST ACADEMIC STANDARDS IN A STRONG DISCIPLINED ATMOSPHERE THAT DEMANDS THE ULTIMATE OF RESPECT FOR PEERS AND TEACHERS IN THE CONTEXT OF GOOD MORALE, INDIVIDUAL EMOTIONAL STABILITY, THE BEST OF MORAL STANDARDS, AND A LOVE AND RESPECT FOR FAMILY AND THE UNITED STATES OF AMERICA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF A CHRISTIAN SCHOOL FOR KINDERGARTEN THROUGH 11TH GRADE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dale Davis President | OfficerTrustee | 6 | $0 |
Allen Mallett Vice-President | OfficerTrustee | 6 | $0 |
Gwen Taylor Secretary/treasurer | OfficerTrustee | 6 | $24,633 |
Don Martin Board Member | Trustee | 2 | $0 |
Jeff Berry Board Member | Trustee | 6 | $0 |
Lamar Burkholder Board Member | Trustee | 6 | $0 |
Financial Statements
| 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 | $13,196 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,196 |
| Total Program Service Revenue | $317,589 |
| Investment income | $202 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $38,278 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $380,730 |
| 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. | $24,633 |
| Compensation of current officers, directors, key employees. | $24,633 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $171,255 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $59,665 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,783 |
| Advertising and promotion | $607 |
| Office expenses | $3,123 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $15,109 |
| Travel | $1,499 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,367 |
| Interest | $13,732 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $12,280 |
| Insurance | $10,004 |
| All other expenses | $345 |
| Total functional expenses | $370,642 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $92,219 |
| Savings and temporary cash investments | $16,561 |
| 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 | $460,957 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $569,737 |
| 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 | $241,981 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,812 |
| Total liabilities | $245,793 |
| Net assets without donor restrictions | $0 |
| 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 | $323,944 |
| Total liabilities and net assets/fund balances | $569,737 |