Mount Vernon Christian School
- Assets
- $10.9m
- Revenue
- $5.0m
- Investments
- $0.0
- Employees
- 100
- Location
- Mount Vernon, WA
- Founding
- 04/1949
- Data as of
- 06/2022
- EIN
- 91-0686703
Organization Overview
Mount Vernon Christian School is located in Mount Vernon, WA. The organization was established in 1949. 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, Mount Vernon Christian School employed 100 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mount Vernon Christian School 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, Mount Vernon Christian School generated $5.0m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 25.8% each year . All expenses for the organization totaled $4.0m during the year ending 06/2022. While expenses have increased by 18.5% per year over the past 3 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
OPERATING A CHRISTIAN PRESCHOOL, ELEMENTARY, AND SECONDARY SCHOOL.
Describe the Organization's Program Activity:
TO PROVIDE SERVICES, MATERIALS, AND TRAININGS TO OPERATE AS A SCHOOL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeffery Droog Principal | $108,533 | ||
Joel Hoksbergen President | OfficerTrustee | $0 | |
Lara Rickard Vice Preside | OfficerTrustee | $0 | |
Tim Price Director | OfficerTrustee | $0 | |
Greg Boon Director | OfficerTrustee | $0 | |
Randy Oostra Treasurer | OfficerTrustee | $0 |
Financial Statements
| 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 | $587,362 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $587,362 |
| Total Program Service Revenue | $3,983,834 |
| Investment income | $218 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $422,390 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,998,289 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,231,919 |
| Pension plan accruals and contributions | $125,504 |
| Other employee benefits | $191,089 |
| Payroll taxes | $201,699 |
| Fees for services: Management | $3,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $10,809 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,000 |
| Advertising and promotion | $9,285 |
| Office expenses | $347,072 |
| Information technology | $194,131 |
| Royalties | $0 |
| Occupancy | $471,043 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,163 |
| Interest | $134,021 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $62,348 |
| All other expenses | $20,288 |
| Total functional expenses | $4,008,371 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,478,244 |
| Savings and temporary cash investments | $299,426 |
| 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 | $2,939 |
| Net Land, buildings, and equipment | $8,359,723 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $748,544 |
| Total assets | $10,888,876 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $653,048 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $5,000 |
| Secured mortgages and notes payable | $3,711,318 |
| Unsecured mortgages and notes payable | $35,365 |
| Other liabilities | $8,643 |
| Total liabilities | $4,413,374 |
| Net assets without donor restrictions | $6,475,502 |
| 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 | $10,888,876 |