Oaks Education Association
- Assets
- $7.2m
- Revenue
- $5.6m
- Investments
- $8.4k
- Employees
- 82
- Location
- Spokane Valley, WA
- Founding
- 01/1997
- Data as of
- 08/2022
- EIN
- 91-1740296
Organization Overview
Oaks Education Association, operating under the name The Oaks - A Classical And Christian Academy, is located in Spokane Valley, WA. The organization was established in 1997. 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 08/2022, Oaks - A Classical And Christian Academy employed 82 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oaks - A Classical And 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 08/2022, Oaks - A Classical And Christian Academy generated $5.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.7% each year . All expenses for the organization totaled $3.2m during the year ending 08/2022. While expenses have increased by 6.5% per year over the past 7 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
TO PROVIDE PRIVATE RELIGIOUS EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
355 STUDENTS (K-12) ENROLLED IN THE OAKS CLASSICAL AND CHRISTIAN ACADEMY DURING THE 2021-2022 SCHOOL YEAR
STUDENTS PARTICIPATED IN 7 ATHLETIC PROGRAMS, 8 FIELD TRIPS, 2 SCHOOL PLAYS, AND OTHER ACTIVITIES DURING THE 2021-2022 SCHOOL YEAR
111 STUDENTS ENROLLED IN THE OAKS CONSERVATORY FOR THE CREATIVE AND PERFORMING ARTS DURING THE 2021-2022 SCHOOL YEAR
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Travis Harken President | OfficerTrustee | 1 | $0 |
Shawn Vanhorn Secretary | OfficerTrustee | 1 | $0 |
Merrill Miller Vice President | OfficerTrustee | 1 | $0 |
Craig Schurter Board Member | Trustee | 1 | $0 |
Brian Schultz Board Member | Trustee | 1 | $0 |
Joe Cvancara Board Member | Trustee | 1 | $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 | $2,512,087 |
| Noncash contributions included in lines 1a–1f | $52,090 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,512,087 |
| Total Program Service Revenue | $3,009,062 |
| Investment income | $2,079 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $4,680 |
| Net Gain/Loss on Asset Sales | $59 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $6,748 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,550,083 |
| 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 | $193,446 |
| Other salaries and wages | $1,731,279 |
| Pension plan accruals and contributions | $30,235 |
| Other employee benefits | $308,980 |
| Payroll taxes | $166,819 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,130 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $14,305 |
| Advertising and promotion | $65,417 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $143,866 |
| 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 | $22,350 |
| Insurance | $21,177 |
| All other expenses | $168,179 |
| Total functional expenses | $3,176,122 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,342,930 |
| Savings and temporary cash investments | $3,708,726 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $13,260 |
| 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 | $63,299 |
| Net Land, buildings, and equipment | $2,081,188 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $8,444 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,217,847 |
| Accounts payable and accrued expenses | $50,668 |
| Grants payable | $0 |
| Deferred revenue | $599,867 |
| 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 | $1,842,625 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,493,160 |
| Net assets without donor restrictions | $2,046,481 |
| Net assets with donor restrictions | $2,678,206 |
| 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 | $7,217,847 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Oaks Education Association has recieved totaling $25,612.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $25,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $612 |
Endowment Analysis
| Beg. Balance | $10,000 |
| Earnings | -$1,358 |
| Admin Expense | $198 |
| Ending Balance | $8,444 |
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 |