Christian Heritage Academy is located in Del City, OK. The organization was established in 1972. 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 05/2023, Christian Heritage Academy employed 179 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Christian Heritage 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 05/2023, Christian Heritage Academy generated $8.3m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $7.0m during the year ending 05/2023. While expenses have increased by 6.6% per year over the past 4 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE SCHOOL PROVIDES PRIMARY, SECONDARY, AND SPECIAL NEEDS EDUCATION IN ADDITION TO EXTENDED CARE PROGRAMS AND HOME SCHOOLING OPPORTUNITIES, ALL WITHIN A CHRISTIAN WORLD VIEW.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATING A PRIMARY AND SECONDARY SCHOOL IN DEL CITY OKLAHOMA
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Josh Bullard Headmaster | Officer | 50 | $111,133 |
Jason Blair Board Member | Trustee | 1 | $0 |
Jason Brown Board Member | Trustee | 1 | $0 |
Ike Burress Board Member | Trustee | 1 | $0 |
Henry Chan Board Member | Trustee | 1 | $0 |
Earl Doner Board Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $160,208 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $1,798,773 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,958,981 |
Total Program Service Revenue | $5,944,219 |
Investment income | $216,457 |
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 | $8,291,535 |
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. | $111,300 |
Compensation of current officers, directors, key employees. | $55,650 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $3,070,455 |
Pension plan accruals and contributions | $71,610 |
Other employee benefits | $287,559 |
Payroll taxes | $181,517 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $21,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $12,620 |
Office expenses | $0 |
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 | $18,722 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $520,956 |
Insurance | $0 |
All other expenses | $727,249 |
Total functional expenses | $7,000,515 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $356,325 |
Savings and temporary cash investments | $1,374,996 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $55,114 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $78,174 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $49,152 |
Net Land, buildings, and equipment | $8,817,161 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $2,146,398 |
Total assets | $12,877,320 |
Accounts payable and accrued expenses | $19,057 |
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 | $907,905 |
Total liabilities | $926,962 |
Net assets without donor restrictions | $8,408,057 |
Net assets with donor restrictions | $3,542,301 |
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 | $12,877,320 |