Christ Classical Academy
- Assets
- $1.2m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 51
- Location
- Rutherford College, NC
- Founding
- 11/2014
- Data as of
- 06/2024
- EIN
- 47-1505101
Organization Overview
Christ Classical Academy is located in Rutherford College, NC. 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, Christ Classical Academy employed 51 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Christ Classical 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 06/2024, Christ Classical Academy generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 34.2% each year . All expenses for the organization totaled $1.3m during the year ending 06/2024. While expenses have increased by 29.5% per year over the past 5 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
EDUCATION FOR GRADES TK-12
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE A CHRISTIAN EDUCATION TO STUDENTS OFFERING A BACK TO BASICS CURRICULUM THAT CHALLENGES AND PROVIDES A SAFE ENVIRONMENT FOR CHILDREN. TUTION IS HELD AT MINIMUM TO MAKE THIS EDUCATION AFFORDABLE TO ALL FAMILIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robin Cannon Chairman | OfficerTrustee | 40 | $41,040 |
Joanna Dymora Board Member | Trustee | 2 | $0 |
Steven Mills Treasurer | OfficerTrustee | 2 | $0 |
Libby Harren Secretary | OfficerTrustee | 2 | $0 |
Shane Bowman Board Member | Trustee | 2 | $0 |
Marc Semande Board Member | Trustee | 2 | $0 |
Financial Statements
| 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 | $667,764 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $667,764 |
| Total Program Service Revenue | $728,944 |
| Investment income | $243 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $11,566 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,415,045 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $832,575 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $71,766 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $11,000 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $242 |
| Office expenses | $7,294 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $597 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $15,901 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $33,516 |
| Insurance | $15,009 |
| All other expenses | $90,287 |
| Total functional expenses | $1,250,020 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $502,121 |
| Savings and temporary cash investments | $75,801 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $22,554 |
| 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 | $576,710 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,098 |
| Total assets | $1,187,284 |
| Accounts payable and accrued expenses | $85,243 |
| Grants payable | $0 |
| Deferred revenue | $45,920 |
| 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 | $287,567 |
| Unsecured mortgages and notes payable | $7,000 |
| Other liabilities | $0 |
| Total liabilities | $425,730 |
| Net assets without donor restrictions | $761,554 |
| 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 | $1,187,284 |