Heritage Christian Schools Of Ohio Inc
- Assets
- $772.3k
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 60
- Location
- Canton, OH
- Founding
- 10/2004
- Data as of
- 06/2021
- EIN
- 34-1026284
Organization Overview
Heritage Christian Schools Of Ohio Inc is located in Canton, OH. The organization was established in 2004. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 06/2021, Heritage Christian Schools Of Ohio Inc employed 60 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Heritage Christian Schools Of Ohio 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, Heritage Christian Schools Of Ohio Inc generated $1.8m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $1.4m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (5.6%) per year over the past 7 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
THE SCHOOL PROVIDES A QUALITY CHRISTIAN EDUCATION FOR APPROXIMATELY 193 STUDENTS FROM PRE K THROUGH 7TH GRADE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sharla Elton Superintende | OfficerTrustee | 40 | $61,379 |
Steve Lamiell Chairman | Trustee | 1 | $0 |
Bruce Cureton Board Member | Trustee | 1 | $0 |
Lynn Helscher Secretary | Trustee | 1 | $0 |
Daniel Yoho Board Member | Trustee | 1 | $0 |
Nicole Thorn Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $177,766 |
| Investment income | $21 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $59,009 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,766,916 |
| Statement of Expenses | |
|---|---|
| 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. | $61,379 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $822,654 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $75,637 |
| Payroll taxes | $59,261 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $29,365 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $32,514 |
| Office expenses | $16,478 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $20,044 |
| Insurance | $15,932 |
| All other expenses | $0 |
| Total functional expenses | $1,414,115 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $510,337 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,138 |
| 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 | $25,667 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $211 |
| Other assets | $0 |
| Total assets | $772,331 |
| Accounts payable and accrued expenses | $76,124 |
| 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 | $582,914 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $659,038 |
| 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 |
| Total liabilities and net assets/fund balances | $113,293 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Heritage Christian Schools Of Ohio Inc has recieved totaling $14,140.
| Awarding Organization | Amount |
|---|---|
Christ Foundation Hartville, OH PURPOSE: GENERAL OPERATIONS | $7,000 |
Ada & Helen Rank Charitable Tr 2864 Brooklyn, OH PURPOSE: SCHOLARSHIPS | $7,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $140 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Youngstown State University Foundation Youngstown, OH | $318,269,128 | $38,933,738 |
Michigan State University Foundation East Lansing, MI | $535,425,307 | $55,850,938 |
Ivy Tech Foundation Inc Indianapolis, IN | $133,152,328 | $30,082,278 |
Kent State University Foundation Kent, OH | $245,939,628 | $27,886,498 |
University Of Akron Foundation Akron, OH | $205,506,114 | $14,662,521 |
School Employees Benefit Trust Cincinnati, OH | $16,584,284 | $19,989,967 |
Marshall University Foundation Incorporated Huntington, WV | $365,151,220 | $39,444,191 |
Friends Of Breakthrough Schools Cleveland, OH | $75,617,435 | $14,315,646 |
Eastern Michigan University Foundation Ypsilanti, MI | $82,145,619 | $14,420,618 |
Michigan Tech Fund Houghton, MI | $217,061,508 | $42,674,434 |
Ers Strategic Properties Inc Rootstown, OH | $122,229,530 | $11,683,070 |
Employee Benefit Trust Of Northampton Co Area Community Coll Bethlehem, PA | $1,194,772 | $10,407,527 |