Heritage Christian School
- Assets
- $3.9m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 46
- Location
- North Liberty, IA
- Founding
- 10/1992
- Data as of
- 06/2022
- EIN
- 42-1386017
Organization Overview
Heritage Christian School is located in North Liberty, IA. The organization was established in 1992. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 06/2022, Heritage Christian School employed 46 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Heritage 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 06/2022, Heritage Christian School generated $1.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $1.8m during the year ending 06/2022. While expenses have increased by 3.7% 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
PARTNER WITH PARENTS TO PROVIDE BIBLICALLY FAITHFUL, ACADEMICALLY EXCELLENT EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONDENOMINATIONAL CHRISTIAN SCHOOL FOR GRADES PRE-K THROUGH 8 WAS OPERATED FOR APPROXIMATELY 204 CHILDREN
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Montgomery Head Of School | Officer | 40 | $76,605 |
Lisa Turnbough Director Of Finance | Officer | 40 | $21,176 |
Natasha Miller President | OfficerTrustee | 3 | $84 |
Steve Liu Vice President | OfficerTrustee | 3 | $0 |
Tim Insko Treasurer | OfficerTrustee | 3 | $0 |
Chad Hanneman Secretary | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $75,045 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $365,596 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $440,641 |
| Total Program Service Revenue | $1,353,101 |
| Investment income | $1,206 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$9,097 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,787,556 |
| 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. | $89,109 |
| Compensation of current officers, directors, key employees. | $88,863 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $908,025 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $101,312 |
| Payroll taxes | $75,487 |
| Fees for services: Management | $24,063 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $6,430 |
| Office expenses | $17,719 |
| Information technology | $104,473 |
| Royalties | $0 |
| Occupancy | $181,357 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,955 |
| Interest | $23,607 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $112,925 |
| Insurance | $0 |
| All other expenses | $30,636 |
| Total functional expenses | $1,810,607 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $836,524 |
| Pledges and grants receivable | $8,590 |
| Accounts receivable, net | $4,462 |
| 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 | $14,107 |
| Net Land, buildings, and equipment | $3,002,229 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,865,912 |
| Accounts payable and accrued expenses | $80,333 |
| Grants payable | $0 |
| Deferred revenue | $86,702 |
| 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 | $806,491 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $973,526 |
| Net assets without donor restrictions | $2,818,248 |
| Net assets with donor restrictions | $74,138 |
| 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 | $3,865,912 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Heritage Christian School has recieved totaling $341,075.
| Awarding Organization | Amount |
|---|---|
Hills Bank Donor Advised Gift Fund North Liberty, IA PURPOSE: General support | $334,100 |
GreenState Credit Union UNION North Liberty, IA PURPOSE: Give & Grow Match | $6,605 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $370 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lycee Francais De Chicago Inc Chicago, IL | $48,724,560 | $20,322,112 |
Sertoma Centre Inc Alsip, IL | $22,208,490 | $17,472,414 |
Community Action Partnership Of Mid-Nebraska Kearney, NE | $10,567,482 | $13,526,656 |
Cross Trails Medical Center Cape Girardeau, MO | $16,622,925 | $13,747,968 |
Lac Courte Oreilles Ojibwe School Hayward, WI | $14,755,136 | $9,679,407 |
School Smart Kc Inc Kansas City, MO | $7,202,506 | $7,640,451 |
Illinois Cpa Society Chicago, IL | $13,009,574 | $9,942,006 |
St Paul City School St Paul, MN | $6,285,490 | $9,442,026 |
Chicago Bar Foundation Chicago, IL | $2,729,689 | $8,402,012 |
City Garden Montessori School St Louis, MO | $12,889,488 | $6,696,246 |
Peoria Charter School Initiative Co Peoria, IL | $5,778,002 | $7,687,144 |
Cns International Ministries Inc Bethel, MO | $18,863,964 | $6,038,250 |