Farmers Christian Academy Inc
- Assets
- $28.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Morehead, KY
- Founding
- 06/2003
- Data as of
- 06/2022
- EIN
- 61-1424573
Organization Overview
Farmers Christian Academy Inc is located in Morehead, KY. The organization was established in 2003. 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. Farmers 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 06/2022, Farmers Christian Academy Inc generated $139.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.7% each year. All expenses for the organization totaled $136.3k during the year ending 06/2022. While expenses have increased by 13.9% per year over the past 7 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
ORGANIZATION PROVIDES A QUALITY EDUCATION TO STUDENTS IN A CHRISTIAN SETTING. ALONG WITH THE STANDARD EDUCATIONAL DISCIPLINES, THE STUDENTS ARE TRAINED IN MORAL CHARACTER, SELF DISCIPLINE, RESPONSIBILITY, INTEGRITY, AND GOOD CITIZENSHIP. DURING THE 2021-2022 FISCAL YEAR, THE SCHOOL PROVIDED EDUCATION TO 61 FULL TIME STUDENTS GRADES K-12.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Merv Mcclurg President | 2 | $0 | |
Winston Mcclurg Member | 2 | $0 | |
Lucia Mcclurg Secretary | 2 | $0 | |
Joe Cline Vice Preside | 2 | $0 | |
Steve Sanders Member | 2 | $0 | |
Daniel Frederick Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,006 |
| Total Program Service Revenue | $121,200 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $10,411 |
| Other Revenue | $0 |
| Total Revenue | $139,617 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $108,983 |
| Professional fees and other payments to independent contractors | $500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $26,828 |
| Total expenses | $136,311 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $28,582 |
| Other assets | $0 |
| Total assets | $28,582 |
| Total liabilities | $0 |
| Net assets or fund balances | $28,582 |