True Light Christian School
- Assets
- $332.8k
- Revenue
- $667.2k
- Investments
- $0.0
- Employees
- 28
- Location
- Marshall, MN
- Founding
- 02/1989
- Data as of
- 06/2023
- EIN
- 41-1619117
Organization Overview
True Light Christian School is located in Marshall, MN. The organization was established in 1989. 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 06/2023, True Light Christian School employed 28 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. True Light Christian School 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 06/2023, True Light Christian School generated $667.2k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $681.9k during the year ending 06/2023. While expenses have increased by 0.3% per year over the past 4 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO EQUIP CHILDREN TO EXCEL IN A LIFE THAT IS PLEASING TO GOD BY ACCEPTING THE AUTHORITY OF GOD'S WORD, DEMONSTRATING CHRIST-LIKE CHARACTER, DEVELOPING THEIR ACADEMIC POTENTIAL AND IDENTIFYING THEIR GOD-GIVEN GIFTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRUE LIGHT CHRISTIAN SCHOOL SERVED 132 STUDENTS IN PRESCHOOL THROUGH 8TH GRADE. THERE ARE 175 CONTACT DAYS OF SCHOOL FOR GRADES KINDERGARTEN - 8TH GRADE SCHEDULED FOR THE SCHOOL YEAR. IN ADDITION TO THE ACADEMIC CURRICULUM FOR EDUCATION, TRUE LIGHT PROVIDED STUDENTS WITH OPPORTUNITIES FOR CHOIR, MUSICAL AND DRAMA PERFORMANCES, FIELD TRIPS, AFTER-SCHOOL ATHLETICS, SPEECH AND KNOWLEDGE BOWL TEAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Ruud Chairman | OfficerTrustee | 3 | $0 |
Daniel Burns Vice Chairma | OfficerTrustee | 2 | $0 |
Megan Gibson Treasurer | OfficerTrustee | 3 | $0 |
David Sprik Secretary | OfficerTrustee | 2 | $0 |
Russell Oglesby Director | Trustee | 1 | $0 |
Jennifer Nawrocki Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $49,990 |
| Related organizations | $0 |
| Government grants | $791 |
| All other contributions, gifts, grants, and similar amounts not included above | $66,460 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $117,241 |
| Total Program Service Revenue | $530,556 |
| Investment income | $2,862 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $16,572 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $667,231 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,485 |
| 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 | $455,288 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $9,862 |
| Payroll taxes | $34,725 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $13,361 |
| Office expenses | $2,191 |
| Information technology | $9,343 |
| Royalties | $0 |
| Occupancy | $86,846 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,150 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,922 |
| All other expenses | $0 |
| Total functional expenses | $681,884 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $255,762 |
| Savings and temporary cash investments | $8,061 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | -$8,397 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $4,170 |
| Prepaid expenses and deferred charges | $22,102 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $51,140 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $332,838 |
| Accounts payable and accrued expenses | $2,562 |
| 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 | $0 |
| Total liabilities | $2,562 |
| Net assets without donor restrictions | $294,917 |
| Net assets with donor restrictions | $35,359 |
| 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 | $332,838 |