New Covenant Christian Academy Inc
- Assets
- $171.4k
- Revenue
- $354.2k
- Investments
- $0.0
- Employees
- 24
- Location
- Hardin, KY
- Founding
- 06/2010
- Data as of
- 06/2021
- EIN
- 27-2129436
Organization Overview
New Covenant Christian Academy Inc is located in Hardin, KY. The organization was established in 2010. 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 06/2021, New Covenant Christian Academy Inc employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Covenant 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 06/2021, New Covenant Christian Academy Inc generated $354.2k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $376.4k during the year ending 06/2021. While expenses have increased by 11.1% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
CHRISTIAN EDUCATION OF CHILDREN
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHRISTIAN EDUCATION OF CHILDREN
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brady Siress Director | Trustee | 3 | $0 |
Tara Siress Head Of School | Trustee | 30 | $0 |
Katie Cunningham Director | Trustee | 3 | $0 |
Kristin Taylor Secretary | Trustee | 3 | $0 |
Tim Schroeder Chairman | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $10,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $76,946 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $86,946 |
| Total Program Service Revenue | $267,260 |
| 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 | $354,206 |
| 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 | $255,857 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $7,630 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $928 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $255 |
| Advertising and promotion | $5,591 |
| Office expenses | $1,301 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $24,244 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,704 |
| All other expenses | $17,638 |
| Total functional expenses | $376,449 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $171,360 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $171,360 |
| 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 | $11,207 |
| Total liabilities | $11,207 |
| 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 | $160,153 |
| Total liabilities and net assets/fund balances | $171,360 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that New Covenant Christian Academy Inc has recieved totaling $10,245.
| Awarding Organization | Amount |
|---|---|
Carson-Myre Charitable Foundation Paducah, KY PURPOSE: SUPPORT CHRISTIAN EDUCATION | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $245 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ensworth School Nashville, TN | $203,625,309 | $44,175,360 |
Distinctive Schools Of Illinois Chicago, IL | $2,734,668 | $38,553,382 |
Goodwill Education Initiatives Inc Indianapolis, IN | $18,896,307 | $35,463,634 |
Freedom Preparatory Academy Inc Memphis, TN | $50,857,494 | $33,295,008 |
Franklin Road Academy Inc Nashville, TN | $58,128,778 | $31,046,189 |
Brentwood Academy Inc Brentwood, TN | $50,379,157 | $25,930,047 |
Catalyst Schools Chicago, IL | $23,990,346 | $24,109,090 |
Bernard Zell Anshe Emet Day School Chicago, IL | $69,026,609 | $20,320,544 |
Republic Schools Nashville Nashville, TN | $31,048,580 | $24,002,902 |
Congressional School Inc Falls Church, VA | $21,870,095 | $18,184,082 |
Nansemond-Suffolk Academy Association Incorporated Suffolk, VA | $19,895,333 | $17,664,822 |
Heritage Christian Schools Inc Indianapolis, IN | $19,759,630 | $19,173,955 |