Ecclesial Schools Initiative Inc
- Assets
- $826.2k
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 38
- Location
- Oviedo, FL
- Founding
- 05/2019
- Data as of
- 06/2023
- EIN
- 83-4679660
Organization Overview
Ecclesial Schools Initiative Inc is located in Oviedo, FL. The organization was established in 2019. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. As of 06/2023, Ecclesial Schools Initiative Inc employed 38 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ecclesial Schools Initiative 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 06/2023, Ecclesial Schools Initiative Inc generated $1.7m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 74.8% each year . All expenses for the organization totaled $1.5m during the year ending 06/2023. While expenses have increased by 79.5% per year over the past 4 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
CHARITABLE AND EDUCATIONAL PURPOSES INCLUDING MAKING DISTRIBUTIONS TO ORGANIZATIONS QUALIFYING UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE A CLASSICAL EDUCATION THAT EMPHASIZES AN INTELLECTUAL, MORAL, PHYSICAL, AND SPIRITUAL GROWTH IN A SOCIAL AND DIVERSE ENVIRONMENT FOR OUR STUDENTS AT AN AFFORDABLE TUITION.
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 |
|---|---|---|---|
Brian Polk Treasurer | Officer | 5 | $0 |
Ron Hines Director | Officer | 5 | $0 |
Kevin Clark President | Officer | 60 | $0 |
Mark Reudelhuber Chairman | Officer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,355,175 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,355,175 |
| Total Program Service Revenue | $347,142 |
| Investment income | $799 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $230 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,703,346 |
| 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. | $123,373 |
| Compensation of current officers, directors, key employees. | $123,373 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $938,633 |
| Pension plan accruals and contributions | $8,371 |
| Other employee benefits | $48,239 |
| Payroll taxes | $91,182 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $22,239 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5,140 |
| Office expenses | $10,086 |
| Information technology | $17,518 |
| Royalties | $0 |
| Occupancy | $56,124 |
| Travel | $4,528 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,497 |
| Interest | $140 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $20,066 |
| Insurance | $16,191 |
| All other expenses | $41,906 |
| Total functional expenses | $1,451,975 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $235,830 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $582,667 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,653 |
| Total assets | $826,150 |
| Accounts payable and accrued expenses | $26,187 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $10,466 |
| Total liabilities | $36,653 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $789,497 |
| Total liabilities and net assets/fund balances | $826,150 |