Cook Inlet Academy
- Assets
- $870.7k
- Revenue
- $905.9k
- Investments
- $0.0
- Employees
- 48
- Location
- Soldotna, AK
- Founding
- 01/1975
- Data as of
- 06/2021
- EIN
- 92-0044822
Organization Overview
Cook Inlet Academy is located in Soldotna, AK. The organization was established in 1975. According to its NTEE Classification (B28) the organization is classified as: Special Education, under the broad grouping of Education and related organizations. As of 06/2021, Cook Inlet Academy employed 48 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cook Inlet 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 06/2021, Cook Inlet Academy generated $905.9k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $906.8k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (3.8%) 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
CHRISTIAN SCHOOL
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHRISTIAN SCHOOL: TO PROVIDE WELL-ROUNDED EDUCATIONAL INSTRUCTION IN A CHRISTIAN ENVIRONMENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary Leiter Administration | Officer | 40 | $20,675 |
Ginni Hagedorn Administration | Officer | 40 | $17,644 |
Kristi Dillingham President | OfficerTrustee | 2 | $0 |
Chad Cragg Treasurer | OfficerTrustee | 2 | $0 |
Melissa Smith Vice President | OfficerTrustee | 2 | $0 |
Jennifer Henry Secretary | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $46,900 |
| All other contributions, gifts, grants, and similar amounts not included above | $32,508 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $79,408 |
| Total Program Service Revenue | $755,178 |
| Investment income | $317 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $25,785 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $37,844 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $905,874 |
| 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. | $38,319 |
| Compensation of current officers, directors, key employees. | $7,472 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $511,060 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $45,404 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,200 |
| Advertising and promotion | $0 |
| Office expenses | $14,762 |
| Information technology | $18,420 |
| Royalties | $0 |
| Occupancy | $44,142 |
| 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 | $0 |
| Depreciation, depletion, and amortization | $73,386 |
| Insurance | $11,508 |
| All other expenses | $27,429 |
| Total functional expenses | $906,754 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $282,388 |
| Savings and temporary cash investments | $43,518 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $20 |
| 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 | $5,160 |
| Net Land, buildings, and equipment | $482,526 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $57,113 |
| Total assets | $870,725 |
| Accounts payable and accrued expenses | $2,688 |
| Grants payable | $0 |
| Deferred revenue | $50,622 |
| 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 | $53,310 |
| Net assets without donor restrictions | $817,415 |
| 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 | $870,725 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Cook Inlet Academy has recieved totaling $263.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $263 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kindering Center Bellevue, WA | $32,652,687 | $24,070,895 |
Hamlin Robinson School Seattle, WA | $64,606,627 | $12,657,014 |
Little Red School House Inc Everett, WA | $6,472,401 | $9,077,269 |
Encompass Northwest North Bend, WA | $12,638,027 | $10,015,728 |
Yellow Wood Academy Mercer Island, WA | $2,787,318 | $6,450,212 |
Childrens Institute For Learning Differences Renton, WA | $7,311,459 | $4,857,425 |
Family Outreach Center For Understanding Special Needs Inc Eagle River, AK | $4,684,796 | $5,397,607 |
Special Education Service Agency A Public Agency Anchorage, AK | $4,630,261 | $4,391,921 |
A Step Ahead In Pierce Co Puyallup, WA | $1,403,110 | $3,180,549 |
Spokane Guilds School And Neuromuscular Center Spokane, WA | $7,926,418 | $6,443,959 |
Listen And Talk Kirkland, WA | $2,336,354 | $3,473,120 |
Northwest School For Hearing Impaired Children Shoreline, WA | $13,423,620 | $3,112,705 |