Christian Enterprises Inc
- Assets
- $11.4m
- Revenue
- $4.3m
- Investments
- $0.0
- Employees
- 133
- Location
- Renton, WA
- Founding
- 01/1967
- Data as of
- 06/2021
- EIN
- 91-0758375
Organization Overview
Christian Enterprises Inc is located in Renton, WA. The organization was established in 1967. 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, Christian Enterprises Inc employed 133 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Christian Enterprises 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 06/2021, Christian Enterprises Inc generated $4.3m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $4.2m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (2.3%) per year over the past 6 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
TO ESTABLISH, MAINTAIN, AND OPERATE CHRISTIAN SCHOOLS AND/OR OTHER RELATED INSTITUTIONS TO EDUCATE AND DEVELOP THE WHOLE PERSON FOR THE GLORY OF GOD BY OFFERING A STRONG ACADEMIC PROGRAM, AS WELL AS PROGRAMS THAT SPECIFICALLY EQUIP CHRISTIAN YOUNG PEOPLE TO LIVE THEIR FAITH IN A CHANGING WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE PRE-SCHOOL THROUGH 12TH GRADE CHRISTIAN EDUCATION TO OVER 300 STUDENTS AT 6 LOCATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bruce Kelly Preisdent | Officer | 40 | $99,875 |
Albert Stever Accounting/financial Speci | Officer | 40 | $58,154 |
Julie Franzen Board President | OfficerTrustee | 2 | $0 |
Steve Pope Board Vice President | OfficerTrustee | 2 | $0 |
Rick Rosenkranz Board Secretary | OfficerTrustee | 2 | $0 |
Dan Van Der Pol Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $95,280 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $118,583 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $213,863 |
| Total Program Service Revenue | $4,023,408 |
| Investment income | $299 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $16,384 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,253,954 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $358,503 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $158,920 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,178,661 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $287,005 |
| Payroll taxes | $190,819 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $173,168 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $276,919 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $30,364 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $39,246 |
| All other expenses | $0 |
| Total functional expenses | $4,193,862 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $858,816 |
| Savings and temporary cash investments | $704,153 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,330,243 |
| 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 | $6,469,600 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $11,362,812 |
| Accounts payable and accrued expenses | $587,043 |
| Grants payable | $0 |
| Deferred revenue | $3,365,756 |
| 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 | $619,633 |
| Unsecured mortgages and notes payable | $660,000 |
| Other liabilities | $0 |
| Total liabilities | $5,232,432 |
| Net assets without donor restrictions | $6,130,380 |
| 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 | $11,362,812 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Christian Enterprises Inc has recieved totaling $7,557.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $6,525 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $1,032 |
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 |