Christian Heritage Academy
- Assets
- $6.5m
- Revenue
- $5.5m
- Investments
- $0.0
- Employees
- 104
- Location
- Northfield, IL
- Founding
- 05/1984
- Data as of
- 06/2021
- EIN
- 36-3237612
Organization Overview
Christian Heritage Academy is located in Northfield, IL. The organization was established in 1984. 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 06/2021, Christian Heritage Academy employed 104 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Christian Heritage 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 06/2021, Christian Heritage Academy generated $5.5m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $5.6m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (0.5%) per year over the past 6 years. 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
OFFER AN EXEMPLARY EDUCATION BASED ON BIBLICAL VALUES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHRISTIAN HERITAGE ACADEMY (CHA), AS A PARENT-GOVERNED SCHOOL, PARTNERS WITH PARENTS TO PROVIDE AN EDUCATION THAT GOES "ABOVE AND BEYOND" EXPECTATIONS. CHA HELPS CHILDREN GROW SPIRITUALLY, INTELLECTUALLY AND EMOTIONALLY THAT THEY MIGHT EXPERIENCE LIVES THAT BRING GLORY TO GOD. THE MISSION OF CHA IS TO "DEVELOP LIFETIME FOLLOWERS OF CHRIST." 423 STUDENTS FROM PRESCHOOL THROUGH GRADE 12 WERE PROVIDED AN EXEMPLARY EDUCATION BASED ON BIBLICAL VALUES, TO PROVIDE SPIRITUAL TRANSFORMATION, INTELLECTUAL GROWTH AND CHARACTER DEVELOPMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tim Dinkelman VP Of Finance & Operations | Officer | 40 | $120,370 |
Hutz Hertzberg President | OfficerTrustee | 40 | $89,801 |
Dan Tallacksen Board Treasurer | OfficerTrustee | 1 | $0 |
Sharon Ward Board Secretary | OfficerTrustee | 1 | $0 |
Andy Bulluck Board Vice Chairman | OfficerTrustee | 1 | $0 |
Gil DE Las Alas Board Chairman | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $280,666 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $598,710 |
| Noncash contributions included in lines 1a–1f | $38,455 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $879,376 |
| Total Program Service Revenue | $4,298,823 |
| Investment income | $56 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $381,873 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$16,161 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,543,967 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,034,574 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $315,776 |
| Compensation of current officers, directors, key employees. | $302,677 |
| Compensation to disqualified persons | $112,140 |
| Other salaries and wages | $2,268,719 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $191,306 |
| Payroll taxes | $171,264 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $192 |
| Fees for services: Accounting | $19,825 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $374,532 |
| Advertising and promotion | $17,386 |
| Office expenses | $43,433 |
| Information technology | $37,017 |
| Royalties | $0 |
| Occupancy | $288,890 |
| Travel | $5,060 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $403 |
| Interest | $172,239 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $338,628 |
| Insurance | $50,429 |
| All other expenses | $35,692 |
| Total functional expenses | $5,584,300 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,358,503 |
| Savings and temporary cash investments | $7,919 |
| Pledges and grants receivable | $12,140 |
| Accounts receivable, net | $2,203 |
| 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 | $102,271 |
| Net Land, buildings, and equipment | $4,847,163 |
| Investments—publicly traded securities | $97,865 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $63,921 |
| Total assets | $6,491,985 |
| Accounts payable and accrued expenses | $338,068 |
| Grants payable | $0 |
| Deferred revenue | $380,242 |
| 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 | $3,155,955 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $80,459 |
| Total liabilities | $3,954,724 |
| Net assets without donor restrictions | $2,250,141 |
| Net assets with donor restrictions | $287,120 |
| 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 | $6,491,985 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Christian Heritage Academy has recieved totaling $140,986.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $124,000 |
Acts 4 32-34 Zephyr Cove, NV PURPOSE: SUPPORT CHARITABLE PURPOSE | $10,000 |
The Baxter Foundation Deerfield, IL PURPOSE: MATCHING GIFTS GRANT | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $886 |
The Baxter Foundation Deerfield, IL PURPOSE: DOLLARS FOR DOERS GRANT | $500 |
John D & Catherine T Macarthur Foundation Chicago, IL PURPOSE: IN SUPPORT OF GENERAL OPERATIONS. | $200 |
Endowment Analysis
| Beg. Balance | $97,846 |
| Earnings | $19 |
| Ending Balance | $97,865 |
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Sertoma Centre Inc Alsip, IL | $22,208,490 | $17,472,414 |
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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 |