Arma Dei Academy Inc
- Assets
- $28.1m
- Revenue
- $7.9m
- Investments
- $0.0
- Employees
- 99
- Location
- Highlands Ranch, CO
- Founding
- 04/2014
- Data as of
- 06/2024
- EIN
- 45-5639260
Organization Overview
Arma Dei Academy Inc is located in Highlands Ranch, CO. The organization was established in 2014. 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 06/2024, Arma Dei Academy Inc employed 99 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arma Dei Academy 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 06/2024, Arma Dei Academy Inc generated $7.9m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 21.0% each year . All expenses for the organization totaled $6.3m during the year ending 06/2024. While expenses have increased by 21.3% per year over the past 9 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDING CLASSICAL PRESCHOOL THROUGH 11TH GRADE CHRISTIAN EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ARMA DEI ACADEMY PROVIDED CLASSICAL CHRISTIAN EDUCATION FOR STUDENTS FROM PRESCHOOL THROUGH 11TH GRADE DURING THE 2023-2024 SCHOOL YEAR. IN ITS FIRST YEAR OF OPERATIONS, THE ACADEMY STARTED WITH 9 STUDENTS. IN 2023-2024, ITS 12TH YEAR OF OPERATIONS, TOTAL ENROLLMENT WAS 539, INCLUDING HOMESCHOOL COLLABORATIVE AND PRESCHOOL PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Treasurer | OfficerTrustee | 1 | $0 |
Name Not Listed Chairman Of The Board (part Year)/interim Head Of School | OfficerTrustee | 40 | $0 |
Name Not Listed Secretary | OfficerTrustee | 1 | $0 |
Name Not Listed Vice President (part Year)/ Interim Chairman Of The Board | OfficerTrustee | 1 | $0 |
Name Not Listed Treasurer | OfficerTrustee | 1 | $0 |
Name Not Listed Board Member | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Waner Construction Construction Of Building | 6/29/24 | $4,491,695 |
Lee Architechs Architect For Construction | 6/29/24 | $197,025 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $12,023 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,244,072 |
| Noncash contributions included in lines 1a–1f | $3,182 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,256,095 |
| Total Program Service Revenue | $5,374,435 |
| Investment income | $278,421 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $34,395 |
| 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 | $7,943,346 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $593,449 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $92,645 |
| Compensation of current officers, directors, key employees. | $13,897 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,338,509 |
| Pension plan accruals and contributions | $96,668 |
| Other employee benefits | $239,041 |
| Payroll taxes | $262,352 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $280 |
| Fees for services: Accounting | $41,235 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $14,758 |
| Advertising and promotion | $8,233 |
| Office expenses | $151,055 |
| Information technology | $40,024 |
| Royalties | $0 |
| Occupancy | $471,030 |
| Travel | $7,288 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,100 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $623,183 |
| Insurance | $56,166 |
| All other expenses | $0 |
| Total functional expenses | $6,326,321 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $449,372 |
| Savings and temporary cash investments | $5,113,969 |
| Pledges and grants receivable | $944,367 |
| Accounts receivable, net | $10,000 |
| 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 | $207,768 |
| Net Land, buildings, and equipment | $19,768,453 |
| Investments—publicly traded securities | $1,586,391 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $28,080,320 |
| Accounts payable and accrued expenses | $898,649 |
| Grants payable | $0 |
| Deferred revenue | $2,441,334 |
| 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 | $3,339,983 |
| Net assets without donor restrictions | $17,747,015 |
| Net assets with donor restrictions | $6,993,322 |
| 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 | $28,080,320 |