Columbia Academy School
- Assets
- $21.8m
- Revenue
- $17.0m
- Investments
- $113.6k
- Employees
- 246
- Location
- Columbia, TN
- Founding
- 03/1973
- Data as of
- 05/2024
- EIN
- 62-0488045
Organization Overview
Columbia Academy School is located in Columbia, TN. The organization was established in 1973. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 05/2024, Columbia Academy School employed 246 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Columbia Academy 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 05/2024, Columbia Academy School generated $17.0m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 8.3% each year. All expenses for the organization totaled $14.0m during the year ending 05/2024. While expenses have increased by 6.6% per year over the past 9 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
COLUMBIA ACADEMY IS COMMITTED TO SERVING IT'S STUDENTS SO THEY MASTER SKILLS, KNOWLEDGE, AND CHARACTER APPROPRIATE FOR THEM AND THEIR FUTURE WHILE BECOMING CHRIST-LIKE IN ATTITUDE AND BEHAVIOR.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRADES PRE-K-12: PROVIDE PRIMARY AND SECONDARY EDUCATION.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Seth Lasater Director | Trustee | 1 | $0 |
David Morris Director | Trustee | 1 | $0 |
Amy Greene 1124-53124 Secretary | OfficerTrustee | 1 | $0 |
Landon Loveall Director | Trustee | 1 | $0 |
Cason Shirley Director | Trustee | 1 | $0 |
Alan Thomason Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $42,000 |
| Government grants | $1,363,353 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,576,222 |
| Noncash contributions included in lines 1a–1f | $235,596 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,981,575 |
| Total Program Service Revenue | $13,292,938 |
| Investment income | $164,277 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $595,217 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $17,034,007 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,108,314 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,108,326 |
| Pension plan accruals and contributions | $204,774 |
| Other employee benefits | $1,003,499 |
| Payroll taxes | $502,903 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,834 |
| Fees for services: Accounting | $63,511 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $32,697 |
| Fees for services: Other | $0 |
| Advertising and promotion | $68,932 |
| Office expenses | $0 |
| Information technology | $180,679 |
| Royalties | $0 |
| Occupancy | $2,000 |
| Travel | $190,736 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $213,566 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $903,169 |
| Insurance | $172,410 |
| All other expenses | $585,541 |
| Total functional expenses | $14,002,119 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,627,984 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $92,032 |
| Accounts receivable, net | $38,280 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $7,758 |
| Prepaid expenses and deferred charges | $122,009 |
| Net Land, buildings, and equipment | $14,592,893 |
| Investments—publicly traded securities | $4,076,369 |
| Investments—other securities | $113,636 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $81,016 |
| Total assets | $21,751,977 |
| Accounts payable and accrued expenses | $1,819,951 |
| Grants payable | $0 |
| Deferred revenue | $494,683 |
| 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 | $4,197,710 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $84,392 |
| Total liabilities | $6,596,736 |
| Net assets without donor restrictions | $11,834,477 |
| Net assets with donor restrictions | $3,320,764 |
| 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 | $21,751,977 |