Omaha Christian Academy
- Assets
- $4.8m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 83
- Location
- Omaha, NE
- Founding
- 09/1988
- Data as of
- 06/2021
- EIN
- 47-0708320
Organization Overview
Omaha Christian Academy is located in Omaha, NE. The organization was established in 1988. 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 06/2021, Omaha Christian Academy employed 83 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Omaha 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 06/2021, Omaha Christian Academy generated $2.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.2%) each year. All expenses for the organization totaled $2.1m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (0.2%) per year over the past 7 years. 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
K-12 SCHOOL
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDES HIGH ACADEMIC EDUCATION IN COMFORMITY WITH BIBLICAL TRUTHS TO PREPARE STUDENTS FOR THEIR PLACE IN HOME, CHURCH, AND STATE.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $265,267 |
| Investment income | $1,162 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$457 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,029,491 |
| Statement of Expenses | |
|---|---|
| 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 to disqualified persons | $0 |
| Other salaries and wages | $1,270,049 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $67,883 |
| Payroll taxes | $98,530 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,380 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $705 |
| Fees for services: Other | $0 |
| Advertising and promotion | $68,323 |
| Office expenses | $73,482 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $106,533 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $57,399 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $139,083 |
| Insurance | $27,303 |
| All other expenses | $0 |
| Total functional expenses | $2,081,570 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $657,756 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $13,643 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,790,043 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $110,200 |
| 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 | $1,102,018 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,212,218 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $3,577,825 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Omaha Christian Academy has recieved totaling $50,693.
| Awarding Organization | Amount |
|---|---|
Bill And Berniece Grewcock Foundation Omaha, NE PURPOSE: SCHOLARSHIP FUNDUNDESIGNATED | $50,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $693 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United States Deputy Sheriffs Association Inc Wichita, KS | $2,971,599 | $19,654,227 |
Community Action Partnership Of Mid-Nebraska Kearney, NE | $10,567,482 | $13,526,656 |
Denver Scholarship Foundation Denver, CO | $33,817,323 | $13,999,484 |
Cross Trails Medical Center Cape Girardeau, MO | $16,622,925 | $13,747,968 |
School Smart Kc Inc Kansas City, MO | $7,202,506 | $7,640,451 |
Trinity Academy Incorporated Wichita, KS | $26,619,610 | $9,316,406 |
City Garden Montessori School St Louis, MO | $12,889,488 | $6,696,246 |
Cns International Ministries Inc Bethel, MO | $18,863,964 | $6,038,250 |
Iowa Association For The Education Of Young Children Inc Urbandale, IA | $815,186 | $7,200,490 |
Kansas Hospital Education & Research Foundation Topeka, KS | $6,268,080 | $6,936,108 |
Omaha Early Learning Centers Inc Omaha, NE | $0 | $8,526,168 |
East Dakota Educational Cooperative Sioux Falls, SD | $5,426,642 | $6,544,285 |