Dayspring Christian Academy
- Assets
- $2.9m
- Revenue
- $7.8m
- Investments
- $0.0
- Employees
- 162
- Location
- Greeley, CO
- Founding
- 12/1975
- Data as of
- 06/2023
- EIN
- 84-0690857
Organization Overview
Dayspring Christian Academy is located in Greeley, CO. The organization was established in 1975. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 06/2023, Dayspring Christian Academy employed 162 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dayspring 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, Dayspring Christian Academy generated $7.8m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 15.1% each year . All expenses for the organization totaled $6.8m during the year ending 06/2023. While expenses have increased by 12.1% per year over the past 6 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
EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE GENERAL EDUCATION OF A CHRISTIAN NATURE TO PRESCHOOL, ELEMENTARY, MIDDLE SCHOOL AND HIGH SCHOOL LEVELS - APPROXIMATELY 500 STUDENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Weston Kurz Executive Dir. | Trustee | 36 | $84,168 |
Rusty Morgan President | Trustee | 1 | $0 |
Jack Wuest Board Member | Trustee | 1 | $0 |
Rachel Behrends Board Member | Trustee | 1 | $0 |
Bruce Rowe Secretary | Trustee | 1 | $0 |
Stephen Meeker Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $457,160 |
| Government grants | $1,470,060 |
| All other contributions, gifts, grants, and similar amounts not included above | $499,034 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,426,254 |
| Total Program Service Revenue | $5,389,665 |
| Investment income | $7,945 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $8,220 |
| Net Gain/Loss on Asset Sales | -$3,980 |
| Net Income from Fundraising Events | $12,100 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,840,204 |
| 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. | $87,696 |
| Compensation of current officers, directors, key employees. | $61,387 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,747,085 |
| Pension plan accruals and contributions | $39,988 |
| Other employee benefits | $120,135 |
| Payroll taxes | $216,786 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,880 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $127,766 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $25 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $247,232 |
| 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 | $195,600 |
| Depreciation, depletion, and amortization | $123,535 |
| Insurance | $81,506 |
| All other expenses | $380,651 |
| Total functional expenses | $6,823,184 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $480,074 |
| Savings and temporary cash investments | $977,122 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $30,191 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $20,566 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $303,134 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,136,359 |
| Total assets | $2,947,446 |
| Accounts payable and accrued expenses | $189,038 |
| Grants payable | $0 |
| Deferred revenue | $192,653 |
| 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 | $0 |
| Total liabilities | $381,691 |
| Net assets without donor restrictions | $2,082,673 |
| Net assets with donor restrictions | $483,082 |
| 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 | $2,947,446 |