Coram Deo Academy Inc
- Assets
- $34.4m
- Revenue
- $16.2m
- Investments
- $0.0
- Employees
- 354
- Location
- Lewisville, TX
- Founding
- 10/1998
- Data as of
- 06/2022
- EIN
- 75-2749298
Organization Overview
Coram Deo Academy Inc is located in Lewisville, TX. The organization was established in 1998. 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, Coram Deo Academy Inc employed 354 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Coram Deo Academy 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, Coram Deo Academy Inc generated $16.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.9% each year . All expenses for the organization totaled $14.1m during the year ending 06/2022. While expenses have increased by 8.1% 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
TRAIN ETHICAL SERVANT-LEADERS AND WISE THINKERS WHO WILL SHAPE CULTURE FOR THE GLORY OF GOD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACADEMIC ACTIVITIES: PROVIDES AN ACADEMIC PROGRAM TO DEVELOP THE STUDENT THROUGH CLASSICAL CHRISTIAN LEARNING IN THE KNOWLEDGE, UNDERSTANDING, AND WISDOM OF EACH SUBJECT WITH INCREASING SOPHISTICATION AS AGE, GRADE LEVEL, AND ABILITY RISE. FINE ARTS ACTIVITIES: INCLUDED WITHIN THE ACADEMIC PROGRAM ARE FINE ARTS ACTIVITIES SUCH AS BAND, CHOIR, THEATRE, ART, CLASSICAL COMPETITIONS, DEBATE, AND CHEER. ATHLETIC ACTIVITIES: PROVIDES AN ATHLETIC PROGRAM TO DEVELOP THE STUDENT ATHLETE THROUGH A CULTURE OF COMPETITIVE EXCELLENCE THAT IS KINGDOM CENTERED, PRINCIPLE DRIVEN, AND PEOPLE FOCUSED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alan Marshall President | Officer | 40 | $209,923 |
Loren Hsiao Chairperson | OfficerTrustee | 2 | $375 |
Jeff Salladin Vice Chairperson | OfficerTrustee | 2 | $0 |
Britton Church Treasurer | OfficerTrustee | 2 | $0 |
Christopher Norfleet Asst Secretary | OfficerTrustee | 2 | $0 |
Suzette Crowhurst Secretary | Officer | 40 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Allstate Landscape Llc Landscape Services | 6/29/22 | $138,931 |
Commandery Tactical Llc Campus Security | 6/29/22 | $112,220 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $345,230 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,663,661 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,008,891 |
| Total Program Service Revenue | $13,190,718 |
| Investment income | $32,056 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $18,241 |
| Net Rental Income | $66,701 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $16,238,915 |
| 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. | $209,923 |
| Compensation of current officers, directors, key employees. | $209,923 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,842,033 |
| Pension plan accruals and contributions | $101,475 |
| Other employee benefits | $648,915 |
| Payroll taxes | $494,901 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $116,545 |
| Fees for services: Accounting | $112,032 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $341,980 |
| Advertising and promotion | $0 |
| Office expenses | $54,168 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,327,725 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $658,129 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $14,073,406 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $446,371 |
| Savings and temporary cash investments | $10,009,663 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,293,228 |
| 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 | $88,115 |
| Net Land, buildings, and equipment | $15,695,046 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $857,910 |
| Total assets | $34,390,333 |
| Accounts payable and accrued expenses | $90,671 |
| Grants payable | $0 |
| Deferred revenue | $13,698,833 |
| 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 | $11,715,260 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $857,910 |
| Total liabilities | $26,362,674 |
| Net assets without donor restrictions | $7,864,560 |
| Net assets with donor restrictions | $163,099 |
| 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 | $34,390,333 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Coram Deo Academy Inc has recieved totaling $232,862.
| Awarding Organization | Amount |
|---|---|
Communities Foundation Of Texas Dallas, TX PURPOSE: THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT. | $179,083 |
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $15,080 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $12,000 |
Dallas Foundation A Tx Nonprofit Corporation Dallas, TX PURPOSE: GENERAL SUPPORT | $10,000 |
Pangburn Foundation Chicago, IL PURPOSE: GENERAL OPERATING | $7,500 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $7,300 |
Endowment Analysis
| Beg. Balance | $628,019 |
| Net Contributions | $149,789 |
| Other Expense | $126,637 |
| Ending Balance | $651,171 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Greenhill School Addison, TX | $147,490,301 | $53,613,950 |
St Marks School Of Texas Dallas, TX | $307,638,954 | $39,530,532 |
Tlc Academy San Angelo, TX | $61,295,304 | $42,259,776 |
Episcopal School Of Dallas Inc Dallas, TX | $115,874,541 | $40,283,303 |
John Cooper School The Woodlands, TX | $108,804,128 | $40,380,579 |
Fort Worth Country Day School Inc Fort Worth, TX | $119,263,068 | $39,582,011 |
Faith Family Kids Inc Desoto, TX | $30,662,985 | $39,123,210 |
Isidore Newman School New Orleans, LA | $70,350,338 | $38,233,388 |
Aplus Charter Schools Inc Dallas, TX | $53,044,254 | $32,813,961 |
Trinity Valley School Fort Worth, TX | $129,853,781 | $31,929,734 |
Saint Marys Hall Inc San Antonio, TX | $128,500,252 | $28,063,566 |
Lafayette Charter Foundation Inc Lafayette, LA | $33,304,298 | $27,089,084 |