Arborbrook Christian Academy
- Assets
- $1.1m
- Revenue
- $2.4m
- Investments
- $0.0
- Employees
- 77
- Location
- Matthews, NC
- Founding
- 06/2007
- Data as of
- 07/2022
- EIN
- 20-2707577
Organization Overview
Arborbrook Christian Academy is located in Matthews, NC. The organization was established in 2007. 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 07/2022, Arborbrook Christian Academy employed 77 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arborbrook 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 07/2022, Arborbrook Christian Academy generated $2.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $2.3m during the year ending 07/2022. While expenses have increased by 8.3% 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
ARBORBROOK CHRISTIAN ACADEMY PARTNERS WITH PARENTS TO EQUIP, EMPOWER, AND ENCOURAGE STUDENTS TO CULTIVATE GODLY CHARACTER, PURSUE LIFE-LONG LEARNING, AND LOVE THE LORD JESUS CHRIST.
Describe the Organization's Program Activity:
Part 3 - Line 4a
K-12 EDUCATION PROGRAM IS THE SCHOOL'S MAIN PROGRAM. ARBORBROOK IS AN INDEPENDENT, INTERDENOMINATIONAL, CHRISTIAN SCHOOL THAT PROVIDES A CHRIST-CENTERED EDUCATION FOR STUDENTS IN KINDERGARTEN THROUGH 12TH GRADE. THE SCHOOL IS RECOGNIZED BY THE FEDERAL GOVERNMENT AS A 501C3 WITH PUBLIC CHARITY STATUS. THE SCHOOL IS REGISTERED WITH THE NORTH CAROLINA DEPARTMENT OF NON PUBLIC EDUCATION AS A PRIMARY/SECONDARY PRIVATE SCHOOL IN ACCORDANCE WITH G.S. 115-547-562. A VOLUNTEER BOARD OF DIRECTORS GUIDES THE SCHOOL, UTILIZING THE POLICY OF GOVERNANCE MODEL OF BOARD GOVERNMENT ESTABLISHED BY JOHN CARVER. A HEAD OF SCHOOL LEADS AND MANAGES THE DAY-TO-DAY OPERATIONS OF THE SCHOOL AND OVERSEES THE FACULTY AND STAFF. THE SCHOOL EMPLOYS 2 PRINCIPALS- ONE FOR GRADES K-6 AND ONE FOR GRADES 7-12. OTHER STAFF INCLUDE A BUSINESS MANAGER, OFFICE MANAGER,ADMISSIONS COUNSELOR, GUIDANCE COUNSELOR, ASSISTANT TO THE HEAD OF SCHOOL, ATHLETIC DIRECTOR, PVC COORDINATOR, PROFESSIONAL TEACHERS, AND AUXILARY TEACHERS. A HIGHLY ORGANIZED PARENT VOLUNTEER COOPERATIVE (PVC) IS AN ESSENTIAL COMPONENT TO THE SUCCESSFUL ORGANIZATION OF THE SCHOOL. 80% OF THE SCHOOL'S INCOME IS DERIVED FROM K-12 TUITION AND FEES. PAYROLL AND RELATED EXPENSES REPRESENT 67% OF TOTAL YEARLY EXPENSES FOR THE FISCAL YEAR 8/21-7/22.
OTHER SPECIAL PROGRAMS INCOME INCLUDES REVENUE FROM THE SCHOOL'S ATHLETICS PROGRAM AND RELATED FUNDRAISING, SPIRITWEAR SALES, STUDENT COUNCIL EVENTS, FIELD TRIPS, GARDEN AND DRAMA EVENT SALES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew Zawacki Head Of School | Officer | 45 | $111,395 |
Roy Mangum Board Member | Trustee | 2 | $0 |
Matt Depp Board Member | Trustee | 2 | $0 |
Derek Durst Board Member | Trustee | 2 | $0 |
Julie Tyson Board Member | Trustee | 2 | $0 |
Julie Hedonborg Board Member | Trustee | 2 | $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 | $535,906 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $535,906 |
| Total Program Service Revenue | $1,827,694 |
| Investment income | $13,133 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,471 |
| Net Income from Fundraising Events | $3,539 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,416,333 |
| 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. | $116,534 |
| Compensation of current officers, directors, key employees. | $11,653 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,301,958 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $21,542 |
| Payroll taxes | $112,831 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $650 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $140,651 |
| Advertising and promotion | $2,474 |
| Office expenses | $0 |
| Information technology | $41,146 |
| Royalties | $0 |
| Occupancy | $153,356 |
| 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 | $44,016 |
| Insurance | $13,998 |
| All other expenses | $38,837 |
| Total functional expenses | $2,347,218 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $152,378 |
| Savings and temporary cash investments | $185,889 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $42,661 |
| 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 | $48,193 |
| Net Land, buildings, and equipment | $709,534 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,138,655 |
| Accounts payable and accrued expenses | $93,204 |
| Grants payable | $0 |
| Deferred revenue | $310,785 |
| 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 | $400 |
| Total liabilities | $404,389 |
| Net assets without donor restrictions | $719,020 |
| Net assets with donor restrictions | $15,246 |
| 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 | $1,138,655 |