Cypress Christian School Inc
- Assets
- $23.6m
- Revenue
- $12.6m
- Investments
- $0.0
- Employees
- 184
- Location
- Houston, TX
- Founding
- 03/1979
- Data as of
- 06/2022
- EIN
- 74-1977866
Organization Overview
Cypress Christian School Inc is located in Houston, TX. The organization was established in 1979. 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 06/2022, Cypress Christian School Inc employed 184 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cypress Christian School 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, Cypress Christian School Inc generated $12.6m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $11.8m during the year ending 06/2022. While expenses have increased by 6.7% per year over the past 5 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE STUDENTS AN EDUCATION BASED UPON ACADEMIC EXCELLENCE AND BIBLICAL VALUES.
Describe the Organization's Program Activity:
PROVIDED CHRISTIAN EDUCATION GRADES K-12 FOR APPROXIMATELY 703 STUDENTS FOR THE SCHOOL YEAR JULY 2021 TO JUNE 2022.
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 |
|---|---|---|---|
Tai Quarles Secretary | OfficerTrustee | 2 | $0 |
Stacy Fransen Member | Trustee | 2 | $0 |
Rich Petru Member | Trustee | 2 | $0 |
Bobby Grimes Member | Trustee | 2 | $0 |
Ken Hotchkiss Vice President | OfficerTrustee | 2 | $0 |
Mike Slabic School Board President | OfficerTrustee | 2 | $0 |
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 | $322,049 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $322,049 |
| Total Program Service Revenue | $12,242,600 |
| Investment income | $1,871 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $35,469 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$9,853 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,592,136 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $105,888 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $450,693 |
| Compensation of current officers, directors, key employees. | $115,532 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,038,999 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $650,623 |
| Payroll taxes | $441,011 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $102,960 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $167,419 |
| Advertising and promotion | $165,264 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $277,205 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $382,390 |
| Insurance | $103,469 |
| All other expenses | $1,223,010 |
| Total functional expenses | $11,797,626 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $760,139 |
| Savings and temporary cash investments | $3,544,133 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $83,818 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $22,954 |
| Prepaid expenses and deferred charges | $138,122 |
| Net Land, buildings, and equipment | $19,074,948 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $23,624,114 |
| Accounts payable and accrued expenses | $802,911 |
| Grants payable | $0 |
| Deferred revenue | $755,647 |
| 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 | $9,050,116 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $10,608,674 |
| Net assets without donor restrictions | $12,546,301 |
| Net assets with donor restrictions | $469,139 |
| 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 | $23,624,114 |