Ada Christian School Society
- Assets
- $16.6m
- Revenue
- $9.9m
- Investments
- $0.0
- Employees
- 128
- Location
- Ada, MI
- Founding
- 05/1947
- Data as of
- 06/2023
- EIN
- 38-1581181
Organization Overview
Ada Christian School Society is located in Ada, MI. The organization was established in 1947. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 06/2023, Ada Christian School Society employed 128 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ada Christian School Society 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 06/2023, Ada Christian School Society generated $9.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.4% each year . All expenses for the organization totaled $6.5m during the year ending 06/2023. While expenses have increased by 6.3% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE A CHRISTIAN SCHOOL EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADA CHRISTIAN SCHOOL PROVIDES CHRISTIAN EDUCATION TO STUDENTS FROM PRESCHOOL THROUGH EIGHTH GRADE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Hollander President | OfficerTrustee | 2 | $0 |
Joe Keilen Former Vice-President | OfficerTrustee | 2 | $0 |
Sarah Kraay Director | Trustee | 2 | $0 |
Kristen Gruennert Former Director | Trustee | 2 | $0 |
Scott Fraungruber Director | Trustee | 2 | $0 |
Kristin O'callaghan Former Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $32,352 |
| Related organizations | $606,623 |
| Government grants | $388,993 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,548,947 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,576,915 |
| Total Program Service Revenue | $5,148,005 |
| Investment income | $96,438 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $3,601 |
| Net Gain/Loss on Asset Sales | -$14,536 |
| Net Income from Fundraising Events | $23,697 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,850,877 |
| 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. | $124,020 |
| Compensation of current officers, directors, key employees. | $124,020 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,315,705 |
| Pension plan accruals and contributions | $141,290 |
| Other employee benefits | $512,258 |
| Payroll taxes | $254,900 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,020 |
| Fees for services: Accounting | $6,940 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $147,853 |
| Advertising and promotion | $131,722 |
| Office expenses | $279,122 |
| Information technology | $267,447 |
| Royalties | $0 |
| Occupancy | $562,789 |
| Travel | $10,998 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $34,452 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $602,764 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $6,480,167 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $579,902 |
| Savings and temporary cash investments | $866,494 |
| Pledges and grants receivable | $2,563,500 |
| Accounts receivable, net | $23,346 |
| 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 | $104,819 |
| Net Land, buildings, and equipment | $9,281,777 |
| Investments—publicly traded securities | $1,815,876 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,321,979 |
| Total assets | $16,557,693 |
| Accounts payable and accrued expenses | $402,650 |
| Grants payable | $0 |
| Deferred revenue | $331,126 |
| 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 | $471,200 |
| Total liabilities | $1,204,976 |
| Net assets without donor restrictions | $12,526,563 |
| Net assets with donor restrictions | $2,826,154 |
| 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 | $16,557,693 |