Westlake Christian Academy
- Assets
- $2.5m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 72
- Location
- Grayslake, IL
- Founding
- 04/1975
- Data as of
- 06/2022
- EIN
- 36-2752333
Organization Overview
Westlake Christian Academy is located in Grayslake, IL. The organization was established in 1975. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 06/2022, Westlake Christian Academy employed 72 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Westlake Christian Academy 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 06/2022, Westlake Christian Academy generated $2.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $1.8m during the year ending 06/2022. While expenses have increased by 0.7% 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
CHRISTIAN SCHOOL (PRE-K THROUGH GRADE 12)
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRE K THROUGH 12TH GRADE (CHRISTIAN SCHOOL)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laura Marie Dereus Executive Dir. | Officer | 50 | $74,300 |
Kimberly Lurvey Treasurer | OfficerTrustee | 10 | $0 |
Heather Brown Vice President | OfficerTrustee | 10 | $0 |
Joanna Nicholas Secretary | OfficerTrustee | 10 | $0 |
Joel Sensenig Chairman | OfficerTrustee | 10 | $0 |
Chad Limones Trustee | Trustee | 5 | $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 | $287,891 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $287,891 |
| Total Program Service Revenue | $1,852,526 |
| Investment income | $79 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $165 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,140,661 |
| 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. | $74,300 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,046,275 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $146,567 |
| Payroll taxes | $93,344 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,445 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $6,825 |
| Office expenses | $3,466 |
| Information technology | $5,603 |
| Royalties | $0 |
| Occupancy | $89,886 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $54,700 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $59,914 |
| Insurance | $21,561 |
| All other expenses | $64,283 |
| Total functional expenses | $1,841,971 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $606,493 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,504 |
| 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 | $24,040 |
| Net Land, buildings, and equipment | $1,247,278 |
| Investments—publicly traded securities | $9,957 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $643,248 |
| Total assets | $2,537,520 |
| Accounts payable and accrued expenses | $267,483 |
| 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 | $125,000 |
| Secured mortgages and notes payable | $904,877 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $301,246 |
| Total liabilities | $1,598,606 |
| 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 | $938,914 |
| Total liabilities and net assets/fund balances | $2,537,520 |
Grants Recieved
Over the last fiscal year, we have identified 14 grants that Westlake Christian Academy has recieved totaling $15,626.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $9,726 |
The Baxter Foundation Deerfield, IL PURPOSE: MATCHING GIFTS GRANT | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $625 |
The Baxter Foundation Deerfield, IL PURPOSE: MATCHING GIFTS GRANT | $25 |
The Baxter Foundation Deerfield, IL PURPOSE: MATCHING GIFTS GRANT | $25 |
The Baxter Foundation Deerfield, IL PURPOSE: MATCHING GIFTS GRANT | $25 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lycee Francais De Chicago Inc Chicago, IL | $48,724,560 | $20,322,112 |
Strada Collaborative Inc Indianapolis, IN | $87,757,237 | $36,146,755 |
Sertoma Centre Inc Alsip, IL | $22,208,490 | $17,472,414 |
Connected Nation Inc Bowling Green, KY | $5,021,239 | $16,572,653 |
National Association Of State Procurement Officials Lexington, KY | $137,920,901 | $31,374,950 |
Cross Trails Medical Center Cape Girardeau, MO | $16,622,925 | $13,747,968 |
Institute For Quality Education Inc Indianapolis, IN | $12,107,092 | $12,010,135 |
Lac Courte Oreilles Ojibwe School Hayward, WI | $14,755,136 | $9,679,407 |
School Smart Kc Inc Kansas City, MO | $7,202,506 | $7,640,451 |
Illinois Cpa Society Chicago, IL | $13,009,574 | $9,942,006 |
Bowling Green Warren County Primary Care Center Inc Bowling Green, KY | $15,935,520 | $7,530,325 |
Chicago Bar Foundation Chicago, IL | $2,729,689 | $8,402,012 |