Russell Christian Academy is located in Meridian, MS. The organization was established in 2014. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2022, Russell Christian Academy employed 88 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Russell 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, Russell Christian Academy generated $2.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $2.4m during the year ending 06/2022. While expenses have increased by 5.8% 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 MISSION IS TO ENGAGE THE STUDENTS IN COLLEGE PREPARATORY THINKING AND LEARNING THAT IS INTERTWINED WITH BIBLICAL EDUCATION.STUDENTS WILL BE PROVIDED A CHRISTIAN EDUCATION THAT CHALLENGES EACH ONE SPIRITUALLY, MORALLY, SOCIALLY, PHYSICALLY, AND ACADEMICALLY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WITH AN ENROLLMENT OF APPROXIMATELY 400 STUDENTS, RUSSELL CHRISTIAN ACADEMY IS THE LARGEST CHRISTIAN SCHOOL IN AN OVER 80 MILE RADIUS. IT PROVIDES A WELL-ROUNDED, COLLEGE PREP EDUCATION FROM A BIBLICAL WORLDVIEW. RUSSELL CHRISTIAN ACADEMY DESIRES FOR EVERY STUDENT TO ACHIEVE THEIR GOD-GIVEN POTENTIAL AND HONOR GOD WITH THEIR TALENTS AND ABILITIES BOTH INSIDE AND OUTSIDE OF THE CLASSROOM.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sean Burleson Headmaster | Officer | 40 | $64,800 |
Jamie Morphis Asst Headmaster Counselor | Officer | 40 | $43,300 |
Lawrence Lippert Director Of Finance | Officer | 40 | $39,966 |
Julie Rittenhouse Secretary | OfficerTrustee | 0 | $0 |
Kevin Hedgepeth Vice President | OfficerTrustee | 0 | $0 |
Langford Knight President | OfficerTrustee | 0 | $0 |
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 | $33,629 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $33,629 |
Total Program Service Revenue | $2,263,158 |
Investment income | $250 |
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 | $2,297,037 |
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. | $148,066 |
Compensation of current officers, directors, key employees. | $104,766 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,087,254 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $96,985 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,700 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $268 |
Office expenses | $22,209 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $375,008 |
Travel | $4,592 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $941 |
Interest | $44,603 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $99,198 |
Insurance | $24,370 |
All other expenses | $216,993 |
Total functional expenses | $2,424,317 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $236,667 |
Savings and temporary cash investments | $404,666 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $156,112 |
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 | $0 |
Net Land, buildings, and equipment | $1,800,271 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $2,597,716 |
Accounts payable and accrued expenses | $16,604 |
Grants payable | $0 |
Deferred revenue | $408,900 |
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 | $918,316 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $1,343,820 |
Net assets without donor restrictions | $1,253,896 |
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 | $0 |
Total liabilities and net assets/fund balances | $2,597,716 |
Organization Name | Assets | Revenue |
---|---|---|
Kipp Delta Inc Helena, AR | $23,299,418 | $20,055,239 |
Baton Rouge Christian Education Foundation Inc Baton Rouge, LA | $25,217,556 | $20,900,810 |
Pulaski Academy Little Rock, AR | $31,968,373 | $17,811,246 |
Episcopal Collegiate School Little Rock, AR | $113,498,551 | $17,410,081 |
Capstone Education Group Inc Memphis, TN | $24,521,664 | $20,250,688 |
Republic Schools Inc Jackson, MS | $19,525,941 | $20,988,573 |
St Pauls Episcopal School Mobile, AL | $26,189,566 | $16,422,172 |
Shreveport Charter Foundation Inc Shreveport, LA | $22,797,736 | $14,507,579 |
The International School Of Louisiana New Orleans, LA | $15,914,115 | $15,973,861 |
Louise S Mcgehee School New Orleans, LA | $27,422,961 | $15,252,868 |
Evangelical Christian School Of Memphis Inc Cordova, TN | $33,174,232 | $18,631,560 |
Alabama Educational Foundation And Indian Springs School A Corporatio Indian Springs, AL | $39,755,713 | $15,139,457 |