Concordia Christian Academy
- Assets
- $3.2m
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 69
- Location
- Tacoma, WA
- Founding
- 10/2017
- Data as of
- 06/2021
- EIN
- 82-1065505
Organization Overview
Concordia Christian Academy is located in Tacoma, WA. The organization was established in 2017. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2021, Concordia Christian Academy employed 69 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Concordia 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 06/2021, Concordia Christian Academy generated $2.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (7.6%) each year. All expenses for the organization totaled $2.2m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (9.5%) per year over the past 4 years. 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
PROVIDE EXCELLENT CHRISTIAN EDUCATION THAT EQUIPS STUDENTS TO USE THEIR GOD-GIVEN GIFTS IN A LIFE OF SERVICE TO THE LORD IN A CHANGING, GLOBAL SOCIETY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ELEMENTARY AND SECONDARY CHRISTIAN EDUCATION FOR APPROXIMATELY 165 STUDENTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sherrie Gibelyou Principal | Officer | 40 | $9,110 |
Steven Wolf President | OfficerTrustee | 3 | $0 |
Margene Koch Secretary | OfficerTrustee | 2 | $0 |
Virginia Greenwood Vice President | OfficerTrustee | 2 | $0 |
Julie Hiller Board | Trustee | 1 | $0 |
Bradley Varvil Board | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $15,300 |
| Related organizations | $0 |
| Government grants | $354,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $593,330 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $963,130 |
| Total Program Service Revenue | $1,682,208 |
| Investment income | $16,490 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $210 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $95,042 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,757,080 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $276,352 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $88,660 |
| Compensation of current officers, directors, key employees. | $39,897 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,053,987 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $211,527 |
| Payroll taxes | $71,879 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $25,196 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $61,918 |
| Advertising and promotion | $45,411 |
| Office expenses | $33,703 |
| Information technology | $8,315 |
| Royalties | $0 |
| Occupancy | $185,514 |
| Travel | $2,196 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $870 |
| Interest | $21,317 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $82,238 |
| Insurance | $23,219 |
| All other expenses | -$113,586 |
| Total functional expenses | $2,156,396 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $919,003 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $347,722 |
| 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 | $18,371 |
| Net Land, buildings, and equipment | $1,193,864 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $529,133 |
| Intangible assets | $0 |
| Other assets | $159,843 |
| Total assets | $3,167,936 |
| Accounts payable and accrued expenses | $153,732 |
| Grants payable | $0 |
| Deferred revenue | $42,586 |
| 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 | $549,987 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $746,305 |
| Net assets without donor restrictions | $1,277,295 |
| Net assets with donor restrictions | $1,144,336 |
| 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 | $3,167,936 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Concordia Christian Academy has recieved totaling $811,389.
| Awarding Organization | Amount |
|---|---|
American Gift Fund Wilmington, DE PURPOSE: OPERATIONS | $511,362 |
American Endowment Foundation Hudson, OH PURPOSE: EDUCATIONAL | $275,714 |
Neeb Family Foundation Mission, KS PURPOSE: GENERAL PURPOSE | $16,000 |
Bates Family Foundation Tacoma, WA PURPOSE: PAYMENT FOR THE BENEFIT OF THE ORGANIZATION | $8,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $313 |
Endowment Analysis
| Beg. Balance | $1,027,615 |
| Earnings | $52,665 |
| Ending Balance | $1,080,280 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Oregonians For Online Education Inc Scio, OR | $4,402,348 | $19,081,202 |
Head Start Of Lane County Springfield, OR | $2,527,429 | $16,579,600 |
Bellevue Christian School Clyde Hill, WA | $30,172,969 | $19,117,313 |
Cascade Christian Schools Puyallup, WA | $24,414,305 | $18,312,938 |
Delphi Schools Inc Sheridan, OR | $68,746,624 | $17,868,394 |
Sun Valley Community School Inc Sun Valley, ID | $39,076,653 | $16,449,416 |
Idaho Arts Charter School Nampa, ID | $27,001,838 | $12,430,623 |
St Marys Of Medford Inc Medford, OR | $29,778,861 | $10,667,764 |
Compass Public Charter School Inc Meridian, ID | $30,633,815 | $11,054,812 |
Saint Georges School Spokane, WA | $26,592,411 | $9,553,681 |
Eton School Foundation Bellevue, WA | $11,656,623 | $8,432,891 |
International School Portland, OR | $15,344,083 | $7,525,530 |