St John Chrysostom Academy is located in Bethlehem, PA. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. As of 06/2024, St John Chrysostom Academy employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. St John Chrysostom 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 06/2024, St John Chrysostom Academy generated $700.7k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $1.2m during the year ending 06/2024. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
ST JOHN CHRYSOSTEM ACADEMY IS AN ORTHODOX PRIVATE SCHOOL PROVIDING A CLASSICAL, CHRISTIAN EDUCATION FOR STUDENTS BASED IN BETHLEHEM, PA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING THE FISCAL YEAR ENDING JUNE 2024, THE ACADEMY WAS ABLE TO ACCOMPLISH THE FOLLOWING: 1.ACADEMIC YEAR 2023-2024 - THE ACADEMY OPENED THE ACADEMIC YEAR TO STUDENTS ON SEPTEMBER 6, 2023, WITH 54 STUDENTS. A KINDERGARTEN COHORT WAS OPENED TO 9 FIRST YEAR STUDENTS. 10TH GRADE WAS ALSO ADDED TO HIGH SCHOOL. 2.FACILITY - ALL CLASSROOMS AND LABS WERE READY TO SERVE STUDENTS ON THE FIRST DAY OF SCHOOL. ALL NEW FURNITURE, CHALK BOARDS, AND TEXTBOOKS WERE PURCHASED AND READY FOR STUDENTS IN SEPTEMBER 2023. TAKING INTO ACCOUNT THE SUMMER EXPANSION, NEW CURRICULUM MATERIALS WERE PURCHASED FOR STUDENTS. 3.CURRICULUM - ALL STUDENT RESOURCES WERE PURCHASED AND READY FOR THE BEGINNING OF SCHOOL. 4.FACULTY/STAFF - A TOTAL OF 14 STAFF/FACULTY BEGAN THE SCHOOL YEAR. THERE WAS A RETENTION RATE OF THIS YEAR OF NEARLY 89%. ONLY ONE TEACHER DID NOT RETURN AS SHE WAS ALSO A FULL-TIME STUDENT AND NEEDED TO COMPLETE HER DEGREE. 5.STUDENTS - IN ADDITION TO THE 54 STUDENTS ENROLLED AT THE BEGINNING OF THE ACADEMIC YEAR, 2 MORE STUDENTS WERE ACCEPTED INTO THE PROGRAM MID-YEAR. 6.CULTURE - A LOT OF THOUGHT AND TIME WAS SPENT DEVELOPING BOTH FACULTY/STAFF CULTURE AND STUDENT CULTURE. ALMOST IMMEDIATELY, A HOUSE SYSTEM WAS IMPLEMENTED BASED UPON THE OLD ENGLISH HOUSE SYSTEM PRESENT IN MANY PRESTIGIOUS AMERICAN SCHOOLS PRIOR TO THE 1980'S. IN THESE HOUSES, STUDENTS COMPETED FOR HOUSE POINTS WITH THE GOAL OF WINNING THE HOUSE SWORD. HOUSE POINTS WERE TALLIED ON A WEEKLY BASIS AND TWO MAJOR EVENTS, FALL'S CROWN GAMES AND SPRINGS GRYPHON GAMES ADDED A PARTICULAR ETHOS AND CAMARADERIE TO THE ACADEMY. 7.FACULTY/PARENT COUNCIL - A PARENT TEACHER ORGANIZATION, FACULTY/PARENT COUNCIL CONTINUED WITH 11 PARENTS. 8.ACCREDITATION - THE ACADEMY CONTINUED THE PROCESS OF SEEKING ACCREDITATION FROM THE ASSOCIATION OF CHRISTIAN SCHOOLS INTERNATIONAL. THE ACADEMY RECEIVED FOUNDATIONAL ACCREDITATION FROM THE ASSOCIATION IN MAY OF 2024. 9.MARKETING - DEFINITION OF THE ACADEMY BRAND, IN BOTH ONLINE AND PHYSICAL FORMS (MAILINGS, PRINT MEDIA, AND SCHOOL SPIRIT WEAR, WERE EXPANDED DURING THE 2023-2024 ACADEMIC YEAR. REGULAR AND CONSISTENT SOCIAL MEDIA POSTS WERE TARGETED AT DEMOGRAPHICS OF FAMILIES ESSENTIAL TO THE GROWTH AND SUCCESS OF THE SCHOOL. 10.BOARD - THE FOUNDING CHAIRMAN OF THE BOARD, FR. ALEXANDROS PETRIDES STEPPED DOWN FROM HIS POSITION ON THE BOARD IN DECEMBER OF 2023, BUT REMAINED A MEMBER OF THE BOARD, CHAIRING THE FUNDRAISING COMMITTEE. MR. ERIC ADAMS WAS NOMINATED THE NEW BOARD CHAIRMAN IN DECEMBER OF 2023. NUMEROUS COMMITTEES WERE BEGUN.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John Heitzenrater Headmaster | Officer | 40 | $114,105 |
Eric Adams Chairman | OfficerTrustee | 5 | $0 |
Salma Zaoudeh Vice Preside | OfficerTrustee | 2 | $0 |
Dn Patrick Maher Treasurer | OfficerTrustee | 5 | $0 |
Dr Nicholas Tatalias Secretary | OfficerTrustee | 2 | $0 |
Walter Milinchik Board Member | Trustee | 2 | $0 |
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 | $484,412 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $484,412 |
Total Program Service Revenue | $209,148 |
Investment income | $5,588 |
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 | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $700,685 |
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. | $126,343 |
Compensation of current officers, directors, key employees. | $101,074 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $527,425 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $108,366 |
Payroll taxes | $51,480 |
Fees for services: Management | $0 |
Fees for services: Legal | $1,800 |
Fees for services: Accounting | $9,825 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $15,000 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $12,014 |
Office expenses | $73,548 |
Information technology | $4,500 |
Royalties | $0 |
Occupancy | $184,384 |
Travel | $1,410 |
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 | $16,648 |
Insurance | $11,079 |
All other expenses | $1,583 |
Total functional expenses | $1,160,754 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $89,191 |
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 | $86,978 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $12,468 |
Total assets | $188,637 |
Accounts payable and accrued expenses | $3,836 |
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 | $300,000 |
Other liabilities | $26 |
Total liabilities | $303,862 |
Net assets without donor restrictions | -$115,225 |
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 | $0 |
Total liabilities and net assets/fund balances | $188,637 |