Concordia Christian Academy
- Assets
- $2.8m
- Revenue
- $2.9m
- Investments
- $0.0
- Employees
- 63
- Location
- Tacoma, WA
- Founding
- 10/2017
- Data as of
- 06/2023
- EIN
- 82-1065505
Organization Overview
Concordia Christian Academy is located in Tacoma, WA. The organization was established in 2017. 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 06/2023, Concordia Christian Academy employed 63 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Concordia Christian Academy 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 06/2023, Concordia Christian Academy generated $2.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.5%) each year. All expenses for the organization totaled $2.9m during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (1.9%) per year over the past 6 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE EXCELLENT CHRISTIAN EDUCATION THAT EQUIPS STUDENTS TO USE THEIR GOD-GIVEN GIFTS IN A LIFE OF SERVICE TO THE LORD IN A CHANGING, GLOBAL SOCIETY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ELEMENTARY AND SECONDARY CHRISTIAN EDUCATION FOR APPROXIMATELY 200 STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven Wolf President | OfficerTrustee | 3 | $0 |
Virginia Greenwood Vice President | OfficerTrustee | 2 | $0 |
Margene Koch Secretary | OfficerTrustee | 2 | $0 |
Julie Hiller Treasurer | Trustee | 2 | $0 |
Bradley Varvil Board | Trustee | 1 | $0 |
Ashley Greenwood Board | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $11,162 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $464,451 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $475,613 |
| Total Program Service Revenue | $2,193,113 |
| Investment income | $34,387 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $8,525 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $143,754 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,855,392 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $262,487 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $113,386 |
| Compensation of current officers, directors, key employees. | $51,024 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,322,396 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $277,522 |
| Payroll taxes | $100,928 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $18,264 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $64,648 |
| Advertising and promotion | $66,493 |
| Office expenses | $18,503 |
| Information technology | $16,271 |
| Royalties | $0 |
| Occupancy | $319,263 |
| Travel | $11,961 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $16,678 |
| Interest | $4,557 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $103,756 |
| Insurance | $32,665 |
| All other expenses | $3,030 |
| Total functional expenses | $2,866,681 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $646,509 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $119,266 |
| 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 | $0 |
| Net Land, buildings, and equipment | $1,315,824 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $739,131 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,820,730 |
| Accounts payable and accrued expenses | $82,206 |
| Grants payable | $0 |
| Deferred revenue | $56,349 |
| 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 | $50,470 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $189,025 |
| Net assets without donor restrictions | $1,470,203 |
| Net assets with donor restrictions | $1,161,502 |
| 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 | $2,820,730 |