Ecclesial Schools Initiative Inc
- Assets
- $555.5k
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 25
- Location
- Oviedo, FL
- Founding
- 05/2019
- Data as of
- 06/2022
- EIN
- 83-4679660
Organization Overview
Ecclesial Schools Initiative Inc is located in Oviedo, FL. The organization was established in 2019. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. As of 06/2022, Ecclesial Schools Initiative Inc employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ecclesial Schools Initiative 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 06/2022, Ecclesial Schools Initiative Inc generated $1.4m in total revenue. All expenses for the organization totaled $953.5k during the year ending 06/2022. While expenses have increased by 89.7% per year over the past 3 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
CHARITABLE AND EDUCATIONAL PURPOSES INCLUDING MAKING DISTRIBUTIONS TO ORGANIZATIONS QUALIFYING UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE A CLASSICAL EDUCATION THAT EMPHASIZES AN INTELLECTUAL, MORAL, PHYSICAL, AND SPIRITUAL GROWTH IN A SOCIAL AND DIVERSE ENVIRONMENT FOR OUR STUDENTS AT AN AFFORDABLE TUITION.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Clark President | Officer | 60 | $119,965 |
Patricia Rader Director | Officer | 5 | $45,000 |
Ron Hines Director | Officer | 5 | $0 |
Mark Reudelhuber Chairman | Officer | 5 | $0 |
Brian Polk Treasurer | Officer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,195,771 |
| 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 | $1,195,771 |
| Total Program Service Revenue | $216,250 |
| Investment income | $0 |
| 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 | $1,412,021 |
| 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 | $23,188 |
| Compensation of current officers, directors, key employees. | $119,965 |
| Compensation of current officers, directors, key employees. | $119,965 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $561,640 |
| Pension plan accruals and contributions | $577 |
| Other employee benefits | $0 |
| Payroll taxes | $59,782 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $20,390 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $6,783 |
| Office expenses | $5,775 |
| Information technology | $5,226 |
| Royalties | $0 |
| Occupancy | $44,560 |
| Travel | $1,660 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,188 |
| Interest | $304 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,050 |
| Insurance | $15,279 |
| All other expenses | $28,169 |
| Total functional expenses | $953,543 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $486,562 |
| 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 | $64,914 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,000 |
| Total assets | $555,476 |
| Accounts payable and accrued expenses | $12,421 |
| 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 | $4,929 |
| Total liabilities | $17,350 |
| Net assets without donor restrictions | $0 |
| 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 | $538,126 |
| Total liabilities and net assets/fund balances | $555,476 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Ecclesial Schools Initiative Inc has recieved totaling $10,500.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $10,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Independent Colleges & Universities Benefits Association Inc Orlando, FL | $55,882,543 | $98,817,940 |
Early Learning Coalition Of Indian River Martin & Okeechobee Counties Stuart, FL | $1,642,203 | $20,708,038 |
Early Learning Coalition Of Marion County Inc Ocala, FL | $2,959,241 | $19,272,035 |
Eastern States Veterinary Association Inc Orlando, FL | $24,266,314 | $20,705,177 |
Alabama Education Association Inc Montgomery, AL | $11,369,391 | $16,688,773 |
Georgia School Boards Association Inc Lawrenceville, GA | $6,628,869 | $7,234,902 |
Avondale Education Association Inc Decatur, GA | $8,429,300 | $7,595,655 |
Georgia Association Of Educators Inc Tucker, GA | $8,973,666 | $5,902,220 |
Downtown Miami Charter School Inc Miami, FL | $1,756,433 | $6,102,697 |
Florida Education Association Orlando, FL | $1,972,513 | $5,719,056 |
Accreditation Commission For Education In Nursing Inc Atlanta, GA | $17,255,204 | $6,907,699 |
New Schools For Alabama Birmingham, AL | $1,601,582 | $4,974,961 |