Onward Christian Academy is located in Forest, VA. The organization was established in 2019. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 05/2022, Onward Christian Academy employed 43 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Onward Christian 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 05/2022, Onward Christian Academy generated $921.0k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 52.0% each year . All expenses for the organization totaled $789.3k during the year ending 05/2022. While expenses have increased by 61.8% per year over the past 5 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
WE ARE A COLLABORATIVE EDUCATION COMMUNITY THAT OFFERS EDUCATION, VOCATIONAL AND EXTRACURRICULAR INSTRUCTIONAL COURSES TO K-12 GRADE HOMESCHOOL STUDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE ARE A COLLABORATIVE EDUCATION COMMUNITY THAT OFFERS EDUCATION, VOCATIONAL AND EXTRACURRICULAR INSTRUCTIONAL COURSES TO K-12 GRADE HOMESCHOOL STUDENTS. WE ARE COMMITTED TO WORKING ALONGSIDE HOME EDUCATORS IN PROVIDING A CHRIST-CENTERED, WELL-ROUNDED, EXCELLENT, AND TAILORED EDUCATION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Lauren Zealand Executive Di | Officer | 30 | $15,000 |
Jeffrey Boyer Secretary | Officer | 1 | $0 |
Joseph Marshall Treasurer | Officer | 1 | $0 |
Matthew Zealand President | Officer | 1 | $0 |
Jalie Trowbridge Director | Trustee | 1 | $0 |
Daniel Geffken Director | Trustee | $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 | $46,162 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $46,162 |
Total Program Service Revenue | $874,805 |
Investment income | $38 |
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 | $921,005 |
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 | $520,803 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $42,594 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $407 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $37,204 |
Advertising and promotion | $1,636 |
Office expenses | $761 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $54,441 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $2,831 |
All other expenses | $27,195 |
Total functional expenses | $789,318 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $175,075 |
Savings and temporary cash investments | $321,853 |
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 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $496,928 |
Accounts payable and accrued expenses | $0 |
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 | $14,222 |
Total liabilities | $14,222 |
Net assets without donor restrictions | $482,706 |
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 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $496,928 |
Over the last fiscal year, we have identified 1 grants that Onward Christian Academy has recieved totaling $345.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $345 |
Organization Name | Assets | Revenue |
---|---|---|
Graduate Management Admission Council Reston, VA | $230,212,828 | $77,127,681 |
National Center For Research In Advanced Information & Digital Tec Washington, DC | $0 | $38,475,850 |
Common Application Inc Arlington, VA | $52,971,416 | $52,316,500 |
Longwood University Real Estate Foundation Farmville, VA | $322,438,396 | $31,911,007 |
Education Trust Inc Washington, DC | $60,384,663 | $28,594,144 |
Fwdus Education Fund Inc Washington, DC | $39,522,128 | $52,902,160 |
Chiefs For Change Washington, DC | $30,000,112 | $22,072,365 |
Duke Corporate Education Durham, NC | $27,489,390 | $18,675,614 |
Achieving The Dream Inc Silver Spring, MD | $48,979,373 | $23,156,070 |
Camc Health Education And Research Institute Inc Charleston, WV | $10,132,150 | $15,955,209 |
Cape Fear Tutoring Inc Wilmington, NC | $2,173,027 | $16,040,654 |
Us Ignite Inc Washington, DC | $5,718,790 | $15,311,234 |