Christian Schools Inc
- Assets
- $17.6m
- Revenue
- $12.8m
- Investments
- $0.0
- Employees
- 216
- Location
- Madison, TN
- Founding
- 01/1965
- Data as of
- 06/2022
- EIN
- 62-0725510
Organization Overview
Christian Schools Inc is located in Madison, TN. The organization was established in 1965. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2022, Christian Schools Inc employed 216 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Christian Schools 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 06/2022, Christian Schools Inc generated $12.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $11.9m during the year ending 06/2022. While expenses have increased by 3.2% 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
TO PREPARE STUDENTS FOR LIFE BY BUILDING CONFIDENCE, INTELLECTUAL GROWTH AND SPRITUAL STRENGTH THROUGH CHRISTIAN EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE EDUCATIONAL INSTRUCTION TO STUDENTS - TEACHER SALARIES, PAYROLL TAXES, BENEFITS
PROVIDE CLASSROOMS AND ATHLETIC FACILITIES FOR STUDENTS-OCCUPANCY EXPENSES
PROVIDE STUDENTS WITH INVOLVEMENT ACTIVITIES-ATHLETICS, BAND, CHORUS, CLUBS, ETC
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ricky Perry President | Officer | 40 | $187,697 |
Frank Batson Chairman | OfficerTrustee | 2 | $0 |
Meredith Ezell Secretary | OfficerTrustee | 1 | $0 |
Lin Sherrill Director | Trustee | 1 | $0 |
Michael Leggett Director | Trustee | 1 | $0 |
James Bush Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The Budd Group Facility Maintenance | 6/29/22 | $198,155 |
Swafford Law Legal | 6/29/22 | $119,962 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,385,267 |
| Noncash contributions included in lines 1a–1f | $178,173 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,385,267 |
| Total Program Service Revenue | $10,962,984 |
| Investment income | $105,129 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $28,678 |
| Net Gain/Loss on Asset Sales | $204,576 |
| Net Income from Fundraising Events | $59,762 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $8,313 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,799,711 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $3,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $197,587 |
| Compensation of current officers, directors, key employees. | $158,070 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,638,258 |
| Pension plan accruals and contributions | $236,388 |
| Other employee benefits | $776,559 |
| Payroll taxes | $501,814 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $155,879 |
| Fees for services: Accounting | $31,142 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $81,053 |
| Advertising and promotion | $84,979 |
| Office expenses | $67,073 |
| Information technology | $193,203 |
| Royalties | $0 |
| Occupancy | $921,540 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $32,910 |
| Interest | $23,489 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $759,298 |
| Insurance | $85,604 |
| All other expenses | $294,616 |
| Total functional expenses | $11,859,494 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20 |
| Savings and temporary cash investments | $1,698,379 |
| Pledges and grants receivable | $15,066 |
| Accounts receivable, net | $85,103 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $93,706 |
| Prepaid expenses and deferred charges | $35,525 |
| Net Land, buildings, and equipment | $12,077,508 |
| Investments—publicly traded securities | $3,609,197 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $508 |
| Total assets | $17,615,012 |
| Accounts payable and accrued expenses | $1,132,153 |
| Grants payable | $0 |
| Deferred revenue | $942,221 |
| 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 | $267,121 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,341,495 |
| Net assets without donor restrictions | $15,223,130 |
| Net assets with donor restrictions | $50,387 |
| 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 | $17,615,012 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Christian Schools Inc has recieved totaling $18,606.
| Awarding Organization | Amount |
|---|---|
Servant Foundation Overland Park, KS PURPOSE: EDUCATION | $12,000 |
Social Current Inc Milwaukee, WI PURPOSE: ARAMARK BUILDING COMMUNITY INITIATIVE | $6,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $606 |
Endowment Analysis
| Beg. Balance | $3,571,776 |
| Earnings | -$404,885 |
| Net Contributions | $100,500 |
| Ending Balance | $3,267,391 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Potomac School Mclean, VA | $225,192,195 | $49,665,882 |
Providence Day School Charlotte, NC | $110,524,658 | $50,140,053 |
Flint Hill School Oakton, VA | $94,406,099 | $45,449,765 |
Mary Institute And Saint Louis Country Day School St Louis, MO | $240,203,179 | $40,528,498 |
Charlotte Latin Schools Inc Charlotte, NC | $136,686,590 | $47,461,290 |
Greater Atlanta Christian Schools Inc Norcross, GA | $104,910,212 | $44,897,863 |
Confluence Academy St Louis, MO | $36,687,360 | $48,180,498 |
Pembroke Hill School Kansas City, MO | $163,708,613 | $51,122,329 |
Pace Academy Inc Atlanta, GA | $185,935,585 | $47,968,638 |
Ravenscroft School Inc Raleigh, NC | $81,090,288 | $36,426,897 |
Durham Academy Inc Durham, NC | $115,235,784 | $38,768,231 |
Purpose Built Schools Atlanta Inc Atlanta, GA | $15,990,097 | $34,651,857 |