Coral Ridge Christian Academy Inc
- Assets
- $602.0k
- Revenue
- $672.2k
- Investments
- $0.0
- Employees
- 27
- Location
- Coral Springs, FL
- Founding
- 06/2018
- Data as of
- 12/2021
- EIN
- 82-1039054
Organization Overview
Coral Ridge Christian Academy Inc is located in Coral Springs, FL. The organization was established in 2018. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 12/2021, Coral Ridge Christian Academy Inc employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Coral Ridge 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 12/2021, Coral Ridge Christian Academy Inc generated $672.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 15.3% each year . All expenses for the organization totaled $523.4k during the year ending 12/2021. While expenses have increased by 10.9% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
NURSERY AND PRESCHOOL DEDICATED TO THE MENTAL, PHYSICAL AND SOCIAL DEVELOPMENT OF CHILDREN TO PROVIDE A PROGRAM THAT CHALLENGES AND ENCOURAGES CHILDREN TO ACHIEVE THEIR FULLEST POTENTIAL. WE OFFER A CHRISTIAN PHILOSOPHY OF EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOOL PROGRAM AS DESCRIBED IN PART III #1. CURRICULUM / TEACHER SUPPLIES : $3,692 EVENTS / ACTIVITIES : $9,784 / UTILITIES $ 8,835 / ADVERTISING : $324 / TRAVEL : $80
SUMMER PROGRAM : WE OFFER CONVENIENT FOR TODAY'S WORKING PARENT WHILE PROVIDING A CHRIST-CENTERED ENVIRONMENT. EACH WEEK DURING SUMMER MONTHS IS THEMED AND WE OFFER A PLETHORA OF INDOOR AND OUTDOOR ACTIVITIES LIKE ANIMAL EXHIBITS, PLANETARIUM, BOUNCE HOUSE AND MORE. WE ALSO PROVIDE LUNCH TO THE STUDENTS ON FRIDAYS. OUR GOAL IS TO ENRICH THE LIVES OF OUR STUDENTS AND THEIR FAMILIES BY OFFERING A SAFE AND FUN ENVIRONMENT THROUGHOUT THE SUMMER MONTHS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jenny Llaque Former Director | Trustee | 40 | $18,632 |
Hugh Nelson Member | Officer | 1 | $0 |
Candace Manning Member | Officer | 1 | $0 |
Danielle Reyes Member | Officer | 1 | $0 |
Elizabeth Badri-Rampersad Member | Officer | 1 | $0 |
David Harvin Director | Trustee | 40 | $0 |
Financial Statements
| 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 | $672,155 |
| Investment income | $56 |
| 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 | $672,211 |
| 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. | $18,632 |
| Compensation of current officers, directors, key employees. | $18,632 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $301,185 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $19,074 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,978 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $324 |
| Office expenses | $1,503 |
| Information technology | $4,631 |
| Royalties | $0 |
| Occupancy | $102,737 |
| Travel | $80 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $120 |
| Interest | $5,634 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $27,804 |
| Insurance | $8,305 |
| All other expenses | $0 |
| Total functional expenses | $523,353 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $274,806 |
| Savings and temporary cash investments | $0 |
| 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 | $327,190 |
| Total assets | $601,996 |
| Accounts payable and accrued expenses | $3,806 |
| 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 | $243,413 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | -$7 |
| Total liabilities | $247,212 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $354,784 |
| 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 | $601,996 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Coral Ridge Christian Academy Inc has recieved totaling $211,065.
| Awarding Organization | Amount |
|---|---|
Early Learning Coalition Of Broward County Inc Fort Lauderdale, FL PURPOSE: CHILDCARE | $211,065 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Orange County School Readiness Coalition Orlando, FL | $11,104,395 | $96,605,427 |
Aaa Scholarship Foundation Inc Tampa, FL | $113,422,809 | $128,005,629 |
Advantage Academy Of Miami Inc Coral Springs, FL | $84,964,463 | $47,818,092 |
Early Learning Coalition Of North Florida Inc St Augustine, FL | $2,511,056 | $46,500,622 |
Early Learning Coalition Of The Big Bend Region Inc Tallahassee, FL | $3,517,210 | $28,785,709 |
The Sheltering Arms Atlanta, GA | $37,115,971 | $26,836,460 |
Early Learning Coalition Of Manatee County Inc Palmetto, FL | $3,933,287 | $24,367,222 |
Early Learning Coalition Of Alachua County Inc Gainesville, FL | $2,583,138 | $21,532,954 |
Children First Inc Sarasota, FL | $8,906,542 | $13,314,523 |
Le Jardin Community Center Inc Homestead, FL | $6,704,998 | $12,650,316 |
Pine School Inc Hobe Sound, FL | $19,297,694 | $13,018,702 |
Gulfstream School Inc Gulf Stream, FL | $26,409,353 | $8,595,738 |