Glasgow Christian Academy Inc
- Assets
- $952.3k
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Glasgow, KY
- Founding
- 09/1991
- Data as of
- 06/2020
- EIN
- 61-1170004
Organization Overview
Glasgow Christian Academy Inc is located in Glasgow, KY. The organization was established in 1991. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Glasgow 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 06/2020, Glasgow Christian Academy Inc generated $2.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 17.4% each year . All expenses for the organization totaled $644.4k during the year ending 06/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
CHRISTIAN EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
GLASGOW CHRISTIAN ACADEMY PROVIDED EDUCATION FOR OVER 150 STUDENTS, GRADES K THRU 12 WITH EMPHASIS ON ACADEMIC, PHYSICAL AND SPIRTUAL GROWTH.
GLASGOW CHRISTIAN ACADEMY PROVIDED EDUCATION FOR OVER 150 STUDENTS, GRADES K THRU 12 WITH EMPHASIS ON ACADEMIC, PHYSICAL AND SPIRTUAL GROWTH.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tracy Shaw Administrator | Officer | 0 | $34,985 |
Sharon Howard Chairman | OfficerTrustee | 0 | $0 |
Chris Curry Vice President | OfficerTrustee | 0 | $0 |
Summer Watson Secretary | Trustee | 0 | $0 |
David Dickerson Member | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $179,258 |
| Investment income | $4,725 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,531,874 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,990,849 |
| 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. | $34,985 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $273,668 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $23,669 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| 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 | $4,704 |
| Advertising and promotion | $230 |
| Office expenses | $2,337 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $30,511 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $13,141 |
| Insurance | $8,988 |
| All other expenses | $0 |
| Total functional expenses | $644,416 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $22,260 |
| Savings and temporary cash investments | $899,562 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $952,256 |
| Accounts payable and accrued expenses | $4,081 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $4,081 |
| 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 | $948,175 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Glasgow Christian Academy Inc has recieved totaling $22.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $22 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ensworth School Nashville, TN | $203,625,309 | $44,175,360 |
Distinctive Schools Of Illinois Chicago, IL | $2,734,668 | $38,553,382 |
Goodwill Education Initiatives Inc Indianapolis, IN | $18,896,307 | $35,463,634 |
Freedom Preparatory Academy Inc Memphis, TN | $50,857,494 | $33,295,008 |
Franklin Road Academy Inc Nashville, TN | $58,128,778 | $31,046,189 |
Brentwood Academy Inc Brentwood, TN | $50,379,157 | $25,930,047 |
Catalyst Schools Chicago, IL | $23,990,346 | $24,109,090 |
Bernard Zell Anshe Emet Day School Chicago, IL | $69,026,609 | $20,320,544 |
Republic Schools Nashville Nashville, TN | $31,048,580 | $24,002,902 |
Congressional School Inc Falls Church, VA | $21,870,095 | $18,184,082 |
Nansemond-Suffolk Academy Association Incorporated Suffolk, VA | $19,895,333 | $17,664,822 |
Heritage Christian Schools Inc Indianapolis, IN | $19,759,630 | $19,173,955 |