In Christo Vera Educatio
- Assets
- $5.5m
- Revenue
- $349.1k
- Investments
- $5.2m
- Employees
- 0
- Location
- Arcadia, CA
- Founding
- 06/1960
- Data as of
- 06/2022
- EIN
- 95-2394638
Organization Overview
In Christo Vera Educatio is located in Arcadia, CA. The organization was established in 1960. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. In Christo Vera Educatio 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, In Christo Vera Educatio generated $349.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $426.9k during the year ending 06/2022. While expenses have increased by 4.1% per year over the past 7 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.
Since 2015, In Christo Vera Educatio has awarded 40 individual grants totaling $3,198,302. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS MADE TO THREE CHRISTIAN HIGH SCHOOLS FOR SCHOLARSHIPS TO WORTHY STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Riesen Administrator | 20 | $41,838 | |
Timothy Fenderson Board Member | 1 | $0 | |
Tippi Manske President | 3 | $0 | |
Ken Horton Board Member | 1 | $0 | |
Jordan Morton Secretary | 2 | $0 | |
Craig Takata Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $208,608 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $107,611 |
| Capital Gain Net Income | $107,611 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $32,874 |
| Total Revenue | $349,093 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $41,838 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,430 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,382 |
| Printing and publications | $0 |
| Other expenses | $105,684 |
| Total operating and administrative expenses | $154,334 |
| Contributions, gifts, grants paid | $272,600 |
| Total expenses and disbursements | $426,934 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $51,983 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $302,498 |
| Total assets | $5,509,075 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $703 |
| Total liabilities | $703 |
Grants Awarded
Over the last fiscal year, In Christo Vera Educatio has awarded $272,600 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Santa Monica, CA PURPOSE: SCHOLARSHIPS FOR WORTHY STUDENTS | $127,700 |
Pasadena, CA PURPOSE: SCHOLARSHIPS FOR WORTHY STUDENTS | $88,200 |
Valencia, CA PURPOSE: SCHOLARSHIPS FOR WORTHY STUDENTS | $56,700 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kipp Bay Area Schools Oakland, CA | $172,487,625 | $112,257,587 |
Somerset Academy Of Las Vegas Las Vegas, NV | $192,795,065 | $79,621,443 |
High Tech High San Diego, CA | $58,788,634 | $76,672,129 |
Menlo School Atherton, CA | $320,152,000 | $64,317,000 |
Oaks Christian School Westlake Village, CA | $150,419,760 | $62,594,014 |
Summit Public Schools Redwood City, CA | $48,530,707 | $55,546,203 |
El Camino Real Alliance Woodland Hills, CA | $34,397,207 | $53,776,806 |
Milken Community Schools Los Angeles, CA | $80,759,256 | $40,537,524 |
Windward School Los Angeles, CA | $106,329,646 | $41,804,232 |
Orange County School Of The Arts Santa Ana, CA | $14,647,557 | $49,463,330 |
Inner City Education Foundation Los Angeles, CA | $33,345,924 | $41,820,831 |
Crystal Springs Uplands School Hillsborough, CA | $136,020,158 | $40,020,241 |