Algoma Christian School
- Assets
- $4.6m
- Revenue
- $4.3m
- Investments
- $0.0
- Employees
- 132
- Location
- Kent City, MI
- Founding
- 05/1983
- Data as of
- 06/2023
- EIN
- 38-2370037
Organization Overview
Algoma Christian School is located in Kent City, MI. The organization was established in 1983. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 06/2023, Algoma Christian School employed 132 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Algoma Christian School 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, Algoma Christian School generated $4.3m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 13.1% each year . All expenses for the organization totaled $3.1m during the year ending 06/2023. While expenses have increased by 8.7% per year over the past 8 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
ALGOMA CHRISTIAN SCHOOL DISCIPLES STUDENTS TO KNOW AND APPLY GOD'S TRUTH, FOCUSING ON ACADEMIC EXCELLENCE, CHRIST-LIKE CHARACTER, AND SERVICE TO OTHERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ELEMENTARY AND SECONDARY CHRISTIAN SCHOOL EDUCATION
DAYCARE FOR INFANTS AND PRESCHOOLERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tim Quinlan Head Of Scho | Officer | 40 | $77,998 |
Scott Anderson President | OfficerTrustee | 2 | $0 |
Joe Lockwood Vice-Preside | OfficerTrustee | 2 | $0 |
Alyssa Vanderwerff Treasurer | OfficerTrustee | 2 | $0 |
Laureen Hoskins Secretary | OfficerTrustee | 2 | $0 |
Scott Toth Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $178,370 |
| Related organizations | $0 |
| Government grants | $1,031,445 |
| All other contributions, gifts, grants, and similar amounts not included above | $456,906 |
| Noncash contributions included in lines 1a–1f | $57,905 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,666,721 |
| Total Program Service Revenue | $2,707,680 |
| Investment income | $16,384 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$492 |
| Net Income from Fundraising Events | -$51,335 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,338,958 |
| 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. | $77,998 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,876,607 |
| Pension plan accruals and contributions | $24,003 |
| Other employee benefits | $0 |
| Payroll taxes | $97,606 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $8,496 |
| Office expenses | $43,483 |
| Information technology | $32,986 |
| Royalties | $0 |
| Occupancy | $215,269 |
| Travel | $30,142 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $12,140 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $165,356 |
| Insurance | $56,955 |
| All other expenses | $103,853 |
| Total functional expenses | $3,066,785 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,238,263 |
| Savings and temporary cash investments | $346,450 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $33,704 |
| 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 | $3,021,082 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,639,499 |
| Accounts payable and accrued expenses | $217,318 |
| Grants payable | $0 |
| Deferred revenue | $260,001 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $81,271 |
| 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 | $1,053,021 |
| Total liabilities | $1,611,611 |
| Net assets without donor restrictions | $2,689,501 |
| Net assets with donor restrictions | $338,387 |
| 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 | $4,639,499 |