Potters House is located in Wyoming, MI. The organization was established in 1981. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. As of 06/2022, Potters House employed 161 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Potters House 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, Potters House generated $9.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $7.1m during the year ending 06/2022. While expenses have increased by 5.4% 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 POTTERS HOUSE PROVIDES A CHRIST-CENTERED EDUCATION TO CHILDREN OF ALL ETHNIC HERITAGES AND INCOME LEVELS, EQUIPPING THEM TO SERVE GOD AND SOCIETY TO THEIR FULLEST POTENTIAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE POTTERS HOUSE IS AN ACCREDITED CHRIST-CENTERED SCHOOL LOCATED IN URBAN GRAND RAPIDS, MICHIGAN. WE CURRENTLY SERVE OVER 600 STUDENTS OF WHOM 60% ARE LOW INCOME AND 60% ARE OF AN ETHNIC MINORITY HERITAGE. PARENTS PAY TUITION BASED ON THE FAMILIES INCOME AND 90% OF FAMILIES RECEIVE SOME FORM OF FINANCIAL AID. DONATIONS FROM INDIVIDUALS, FOUNDATIONS, CHURCHES AND CORPORATIONS PROVIDE 80% OF THE REVENUE. THE POTTERS HOUSE IS DEFYING URBAN EDUCATION STATISTICS WITH A 98% HIGH SCHOOL GRADUATION RATE FOR THE PAST THREE YEARS AND 90% OF STUDENTS ATTEND COLLEGE OR A TRADE SCHOOL AFTER GRADUATION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John Booy Superintendent | Officer | 50 | $124,520 |
Cherie Schierbeek Treasurer | OfficerTrustee | 2 | $0 |
Paul Deboer President | OfficerTrustee | 2 | $0 |
Laurie Burgess Vice-President | OfficerTrustee | 2 | $0 |
Chamonique Griffith Secretary | OfficerTrustee | 2 | $0 |
Matt Hylant Trustee | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $118,229 |
Government grants | $891,800 |
All other contributions, gifts, grants, and similar amounts not included above | $5,096,056 |
Noncash contributions included in lines 1a–1f | $11,080 |
Total Revenue from Contributions, Gifts, Grants & Similar | $6,106,085 |
Total Program Service Revenue | $3,218,166 |
Investment income | $5,194 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $19,742 |
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 | $9,367,499 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $35,500 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $149,056 |
Compensation of current officers, directors, key employees. | $41,736 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $3,523,865 |
Pension plan accruals and contributions | $60,964 |
Other employee benefits | $624,658 |
Payroll taxes | $252,677 |
Fees for services: Management | $18,941 |
Fees for services: Legal | $20,548 |
Fees for services: Accounting | $11,950 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $328,084 |
Advertising and promotion | $163,249 |
Office expenses | $130,458 |
Information technology | $52,183 |
Royalties | $0 |
Occupancy | $582,198 |
Travel | $57,636 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $8,026 |
Interest | $32,083 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $561,149 |
Insurance | $57,197 |
All other expenses | $0 |
Total functional expenses | $7,125,487 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $167,235 |
Savings and temporary cash investments | $1,592,347 |
Pledges and grants receivable | $100,000 |
Accounts receivable, net | $699,664 |
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 | $18,326 |
Net Land, buildings, and equipment | $13,910,837 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $4,945 |
Total assets | $16,493,354 |
Accounts payable and accrued expenses | $587,676 |
Grants payable | $0 |
Deferred revenue | $77,865 |
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 | $48,192 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $44,270 |
Total liabilities | $758,003 |
Net assets without donor restrictions | $15,399,628 |
Net assets with donor restrictions | $335,723 |
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 | $16,493,354 |
Over the last fiscal year, we have identified 2 grants that Potters House has recieved totaling $7,500.
Awarding Organization | Amount |
---|---|
Tony Betten Family Foundation Grand Rapids, MI PURPOSE: CHARITABLE CONTRIBUTION | $7,000 |
Falk Family Foundation Grand Rapids, MI PURPOSE: GENERAL FUND | $500 |
Beg. Balance | $2,160,449 |
Earnings | -$298,261 |
Admin Expense | $37,844 |
Net Contributions | $358,815 |
Grants | $118,229 |
Ending Balance | $2,064,930 |
Organization Name | Assets | Revenue |
---|---|---|
Wellington School Columbus, OH | $38,979,520 | $21,884,199 |
Antioch College Corporation Yellow Springs, OH | $62,390,988 | $12,472,069 |
Greenhills School Ann Arbor, MI | $38,781,499 | $17,943,367 |
Dohn Community High School Cincinnati, OH | $3,470,956 | $16,370,625 |
St Johns Northwestern Military Academy Inc Delafield, WI | $17,393,633 | $8,781,742 |
Trinity Schools Inc South Bend, IN | $7,029,834 | $13,749,929 |
Conserve School Corporation Land O Lakes, WI | $44,507,562 | $11,154,750 |
Cuyahoga Valley Christian Academy Cuyahoga Falls, OH | $22,009,753 | $14,418,646 |
Andrews Osborne Academy Willoughby, OH | $13,357,027 | $10,983,724 |
Michigan High School Athletic Assn Inc East Lansing, MI | $9,673,954 | $13,683,517 |
National Federation Of State High School Associations Indianapolis, IN | $27,763,480 | $13,615,729 |
University High School Of Indiana Inc Carmel, IN | $16,001,704 | $9,835,543 |