Christian Education Development Company
- Assets
- $2.8m
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 50
- Location
- Brentwood, CA
- Founding
- 12/1999
- Data as of
- 07/2022
- EIN
- 68-0427679
Organization Overview
Christian Education Development Company, operating under the name Celebration Center, is located in Brentwood, CA. The organization was established in 1999. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 07/2022, Celebration Center employed 50 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Celebration Center 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 07/2022, Celebration Center generated $2.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.1% each year . All expenses for the organization totaled $2.1m during the year ending 07/2022. While expenses have increased by 6.8% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
CELEBRATION CENTER DEMONSTRATES THE LOVE OF JESUS BY PROVIDING A CHRIST CENTERED PRESCHOOL, AFTER SCHOOL PROGRAM, GRADES KINDERGARTEN AND FIRST GRADE, A SENIOR DAY PROGRAM, INTERGENERATIONAL PROGRAM AND SUMMER ENRICHMENT PROGRAM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CELEBRATION CENTER IS LICENSED BY THE STATE OF CALIFORNIA AND ACCREDITED BY THE ASSOCIATION OF CHRISTIAN SCHOOLS INTERNATIONAL. THE SCHOOL DEMONSTRATES THE LOVE OF JESUS CHRIST BY PROVIDING, ASSISTING, ENCOURAGING AND PROMOTING CHRIST CENTERED PROGRAMS. A DEVELOPMENTAL APPROACH TO EARLY EDUCATION IS STRESSED ALONG WITH CHARACTER DEVELOPMENT. A PROFESSIONAL, CARING STAFF IS COMMITTED TO DEVELOPING PARTNERSHIPS WITH PARENTS AND NURTURING EACH CHILD SPIRITUALLY, ACADEMICALLY, SOCIALLY, EMOTIONALLY AND PHYSICALLY. WITH THE EXCEPTION OF THE SUMMER OF 2021, CELEBRATION CENTER HAS OFFERED A SUMMER ENRICHMENT PROGRAM FREE OF CHARGE TO CHILDREN OF LOW-INCOME FAMILIES. THIS IS A SEVEN WEEK PROGRAM PRIMARILY SERVING NON-ENGLIGH SPEAKING CHILDREN FROM THE COMMUNITY WHO WOULD BE ENTERING KINDERGARTEN IN THE FALL. THIS PROGRAM HAS BEEN REINSTATED FOR THE SUMMER OF 2022.
CELEBRATION IS COMMITTED TO IMPROVING EARLY CHILDHOOD EDUCATION PROGRAMS INTERNATIONALLY. LEARNING TO HOPE IN HAITI IS A MINISTRY OF CELEBRATION WITH THE GOAL OF BRINGING HOPE TO CHILDREN AND FAMILIES IN HAITI. CELEBRATION WORKS WITH LOCAL LEADERS AND TEACHERS DEVELOPING SUSTAINABLE PROGRAMS, BUILDING RELATIONSHIPS AND SHARING THE LOVE OF GOD. CELEBRATION HOSTS REGULAR MISSION TRIPS, COORDINATING PASTOR CONFERENCES AND SEMINARS, ASSISTING IN THE BUILDING, TRAINING, AND SUPPORT OF HAITIAN SCHOOLS AND TEACHERS. THE PROGRAMS WERE PUT ON HOLD IN 2021 BUT HAVE BEEN REINSTATED FOR 2022 AND FUTURE YEARS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeneane Stevens President | OfficerTrustee | 20 | $35,224 |
Tom Schieber Secretary | OfficerTrustee | 1 | $0 |
Sherman Balch CEO | OfficerTrustee | 1 | $0 |
John Schilling CFO | OfficerTrustee | 1 | $0 |
Leanne Leak Member | Trustee | 1 | $0 |
Bruce Kirkpatrick Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $223,200 |
| All other contributions, gifts, grants, and similar amounts not included above | $573,445 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $796,645 |
| Total Program Service Revenue | $1,988,932 |
| Investment income | $190 |
| 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 | $2,785,767 |
| 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. | $37,914 |
| Compensation of current officers, directors, key employees. | $37,914 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,126,055 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $87,559 |
| Payroll taxes | $92,450 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,063 |
| 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 | $4,001 |
| Office expenses | $99,054 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $35,864 |
| Travel | $8,068 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,014 |
| Interest | $46,237 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $175,059 |
| Insurance | $14,517 |
| All other expenses | $57,991 |
| Total functional expenses | $2,080,941 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $49,641 |
| Savings and temporary cash investments | $201,109 |
| 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 | $7,298 |
| Net Land, buildings, and equipment | $2,552,384 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,810,432 |
| Accounts payable and accrued expenses | $84,267 |
| Grants payable | $0 |
| Deferred revenue | $13,250 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $748,350 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $845,867 |
| Net assets without donor restrictions | $1,922,690 |
| Net assets with donor restrictions | $41,875 |
| 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 | $2,810,432 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Christian Education Development Company has recieved totaling $33,765.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $33,660 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $105 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Child Start Incorporated Napa, CA | $8,014,837 | $18,886,545 |
Institute For Human & Social Development Inc San Mateo, CA | $7,306,180 | $14,787,145 |
Keys Family Day School Inc Palo Alto, CA | $33,258,594 | $15,731,611 |
The San Francisco School San Francisco, CA | $30,677,373 | $14,481,306 |
Hanalani Schools Mililani, HI | $23,961,358 | $16,139,886 |
Berkeley Hall School Foundation Los Angeles, CA | $27,121,443 | $12,682,160 |
Vacaville Christian Academy Vacaville, CA | $16,291,223 | $10,950,312 |
Renu Hope Foundation Beaumont, CA | $4,671,347 | $11,223,542 |
Keiki O Ka Aina Preschool Inc Honolulu, HI | $8,797,502 | $10,994,448 |
Marin Montessori School Inc Corte Madera, CA | $24,835,339 | $10,702,603 |
Seagull Schools Inc Kailua, HI | $19,987,815 | $8,632,707 |
Fountainhead Inc Dublin, CA | $4,895,908 | $2,127,012 |