Victory Christian Acadamy Inc is located in Milwaukee, WI. The organization was established in 2001. 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 06/2022, Victory Christian Acadamy Inc employed 48 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Victory Christian Acadamy 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 06/2022, Victory Christian Acadamy Inc generated $2.7m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 11.4% each year . All expenses for the organization totaled $3.0m during the year ending 06/2022. While expenses have increased by 13.9% per year over the past 5 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
VICTORY CHRISTIAN ACADEMY'S MISSION IS TO CULTIVATE INDIVIDUALS WITH CHRISTIAN CHARACTER TO BE LIFE-LONG LEARNERS, CAPABLE OF SERVING IN A MULTICULTURAL SOCIETY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION OF STUDENTS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Christina Dyson School Princ | Officer | $109,752 | |
Donald Rogers President | OfficerTrustee | $42,574 | |
Vyon Rogers School Found | Officer | 40 | $36,988 |
Sheena Driver Board Vice P | Trustee | $0 | |
Rafael Garcia Board Truste | Trustee | $0 | |
Laurie Nelson Board Secret | Trustee | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $189,637 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $81,482 |
Total Revenue from Contributions, Gifts, Grants & Similar | $189,637 |
Total Program Service Revenue | $2,147,886 |
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 | $2,655,808 |
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 | $1,332,507 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $101,937 |
Fees for services: Management | $65,224 |
Fees for services: Legal | $22,975 |
Fees for services: Accounting | $94,720 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $145,995 |
Advertising and promotion | $19,181 |
Office expenses | $75,597 |
Information technology | $234,267 |
Royalties | $0 |
Occupancy | $417,913 |
Travel | $2,062 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $7,503 |
Interest | $50,830 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $69,171 |
Insurance | $24,722 |
All other expenses | $37,341 |
Total functional expenses | $2,974,888 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $434,802 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $36,762 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $355,675 |
Inventories for sale or use | $4,514 |
Prepaid expenses and deferred charges | $56,371 |
Net Land, buildings, and equipment | $946,524 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $228,278 |
Total assets | $2,062,926 |
Accounts payable and accrued expenses | $183,786 |
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 | $970,994 |
Total liabilities | $1,154,780 |
Net assets without donor restrictions | $907,503 |
Net assets with donor restrictions | $643 |
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 | $2,062,926 |
Organization Name | Assets | Revenue |
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Mounds Park Academy St Paul, MN | $30,504,606 | $18,399,398 |
Academy Of Basic Education Inc Brookfield, WI | $40,498,539 | $16,384,035 |
Near North Montessori School Chicago, IL | $38,573,944 | $16,517,378 |
Noble Academy Brooklyn Park, MN | $14,827,066 | $12,839,269 |
Madison Country Day School Inc Waunakee, WI | $14,581,268 | $10,698,482 |
Zeeland Christian School Zeeland, MI | $19,623,288 | $11,238,716 |
Hope Academy Inc Minneapolis, MN | $26,555,934 | $13,659,656 |
Morgan Park Academy Chicago, IL | $7,353,923 | $9,629,614 |
Kalamazoo Christian School Association Kalamazoo, MI | $19,698,055 | $12,128,711 |
Elgin Academy Elgin, IL | $16,000,808 | $8,213,882 |