First Baptist Christian Academy Inc is located in Raeford, NC. The organization was established in 2014. According to its NTEE Classification (P33) the organization is classified as: Child Day Care, under the broad grouping of Human Services and related organizations. As of 12/2021, First Baptist Christian Academy Inc employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. First Baptist Christian 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 12/2021, First Baptist Christian Academy Inc generated $423.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $358.1k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO OPERATE AND FUNCTION AS A DAYCARE CENTER FOR PRESCHOOL CHILDREN AND AN AFTER SCHOOL CENTER FOR SCHOOL AGED CHILDREN. THE EDUCATION WILL BE OF A RELIGIOUS NATURE WHICH WILL ADVANCE THE GOSPEL OF JESUS CHRIST BY CREATING AND SUSTAINING CHRISTIAN FELLOWSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO OPERATE AND FUNCTION AS A DAYCARE CENTER FOR PRESCHOOL CHILDREN AND AN AFTER SCHOOL CENTER FOR SCHOOL AGED CHILDREN.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Anna Garrison Director | Officer | 40 | $32,355 |
Brenda Branch Member | Officer | 0 | $0 |
Johnny Boyles Treasurer | Officer | 0 | $0 |
Judy Williams Member | Officer | 0 | $0 |
Carolyn Salter Member | Officer | 0 | $0 |
Teresa Mcneil Member | Officer | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $212,863 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $212,863 |
Total Program Service Revenue | $210,095 |
Investment income | $16 |
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 | $422,974 |
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. | $32,355 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $225,439 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $19,890 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $500 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $150 |
Advertising and promotion | $50 |
Office expenses | $3,196 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $21,392 |
Travel | $1,335 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $5,450 |
Insurance | $4,393 |
All other expenses | $5,868 |
Total functional expenses | $358,100 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $30,223 |
Savings and temporary cash investments | $156,837 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $14,057 |
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 | $1,521 |
Net Land, buildings, and equipment | $17,216 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $219,854 |
Accounts payable and accrued expenses | $1,311 |
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 | $5,000 |
Other liabilities | $0 |
Total liabilities | $6,311 |
Net assets without donor restrictions | $213,543 |
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 | $219,854 |
Over the last fiscal year, we have identified 1 grants that First Baptist Christian Academy Inc has recieved totaling $120.
Awarding Organization | Amount |
---|---|
The Duke Energy Foundation Charlotte, NC PURPOSE: EMPLOYEE MATCHING GIFTS | $120 |
Organization Name | Assets | Revenue |
---|---|---|
Child Care Services Association Chapel Hill, NC | $9,435,676 | $35,180,731 |
Porter-Leath Memphis, TN | $49,048,141 | $36,176,100 |
Children And Families First Greensboro, NC | $16,601,119 | $28,435,944 |
Quality Care For Children Inc Atlanta, GA | $7,415,823 | $20,444,719 |
Child Care Resources Inc Charlotte, NC | $14,134,148 | $14,856,531 |
The Childrens Center Franklin, VA | $3,548,502 | $14,069,816 |
Campagna Center Inc Alexandria, VA | $7,278,188 | $13,190,790 |
Child Care Resources Inc Richmond, VA | $3,029,926 | $11,141,593 |
Positively Living Inc Knoxville, TN | $4,436,601 | $10,571,861 |
Community Childcare Food Supplement Inc Savannah, GA | $1,811,584 | $9,216,213 |
Southwestern Child Development Commission Inc Webster, NC | $5,030,316 | $8,632,437 |
Emory Egleston Cdc Employees Child Care Center Inc Atlanta, GA | $4,269,050 | $7,212,681 |