First Baptist Christian Academy Of Pasadena is located in Pasadena, TX. The organization was established in 1995. 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, First Baptist Christian Academy Of Pasadena employed 97 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. First Baptist Christian Academy Of Pasadena 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, First Baptist Christian Academy Of Pasadena generated $5.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $5.0m during the year ending 06/2024. While expenses have increased by 4.0% per year over the past 8 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
PRE-K THROUGH 12TH GRADE CHRISTIAN SCHOOL
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHRISTIAN SCHOOL, PRE-K THROUGH 12TH GRADE, DEDICATED TO ACADEMIC EXCELLENCE, SPIRITUAL DEVELOPMENT AND PHYSICAL WELL-BEING OF STUDENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Chip Gunter Board Member | Trustee | 0 | $0 |
Bryan Baugus Board Member | Trustee | 0 | $0 |
Stephen Lambert Board Member | Trustee | 0 | $0 |
Joel Redmond Board Member | Trustee | 0 | $0 |
Kristi Patterson Board Member | Trustee | 0 | $0 |
Donna Bell Board Member | Trustee | 0 | $0 |
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 | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $5,510,700 |
Investment income | $36,854 |
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 | -$4,498 |
Miscellaneous Revenue | $0 |
Total Revenue | $5,543,056 |
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 | $3,041,480 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $221,642 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $8,186 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $64,254 |
Office expenses | $0 |
Information technology | $35,876 |
Royalties | $0 |
Occupancy | $115,011 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $57,221 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $318,476 |
Insurance | $105,000 |
All other expenses | $1,031,236 |
Total functional expenses | $4,998,382 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,687,656 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $15,058 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $18,933 |
Prepaid expenses and deferred charges | $72,290 |
Net Land, buildings, and equipment | $5,606,238 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $17,453 |
Total assets | $8,417,628 |
Accounts payable and accrued expenses | $140,150 |
Grants payable | $0 |
Deferred revenue | $1,181,204 |
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 | $1,031,622 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $11,000 |
Total liabilities | $2,363,976 |
Net assets without donor restrictions | $4,828,555 |
Net assets with donor restrictions | $1,225,097 |
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 | $8,417,628 |