Civic Intelligence

Capstone Christian Academy

990 • Fiscal year 2023 • EIN 20-0166381

Jul 01, 2022 to Jun 30, 2023 • Filed on Oct 24, 2023

1045 Palms Airport DriveLas Vegas, NV 89119

(702) 597-1010

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

15th percentile

0.01x

Higher debt load relative to assets than 15% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Liabilities / Revenue

51st percentile

0.32x

Higher debt load relative to revenue than 51% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Net Margin

75th percentile

17%

Higher net margin than 75% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Top Officer Pay

9th percentile

$0

Higher top officer pay than 9% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Asset Growth

32nd percentile

1.2%

Faster asset growth than 32% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Revenue Growth

90th percentile

61%

Faster revenue growth than 90% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Assets

Up

$43,046,392

Up $512,270 (+1.2%) from 2022

Net Assets

Up

$42,401,427

Up $357,677 (+0.9%) from 2022

Liabilities

Up

$644,965

Up $154,593 (+32%) from 2022

Revenue

Up

$2,047,111

Up $773,517 (+61%) from 2022

Expenses

Up

$1,689,434

Up $594,862 (+54%) from 2022

Net Income

Up

$357,677

Up $178,655 (+100%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60M$40M$20M$0Assets 2011: $48,513,566Liabilities 2011: $29,968Net Assets 2011: $48,483,5982011Assets 2012: $48,533,222Liabilities 2012: $31,871Net Assets 2012: $48,501,3512012Assets 2013: $48,522,673Liabilities 2013: $19,023Net Assets 2013: $48,503,6502013Assets 2014: $48,539,210Liabilities 2014: $32,835Net Assets 2014: $48,506,3752014Assets 2015: $48,562,454Liabilities 2015: $49,286Net Assets 2015: $48,513,1682015Assets 2016: $48,584,682Liabilities 2016: $20,441Net Assets 2016: $48,564,2412016Assets 2017: $48,589,826Liabilities 2017: $24,743Net Assets 2017: $48,565,0832017Assets 2018: $48,585,927Liabilities 2018: $18,503Net Assets 2018: $48,567,4242018Assets 2019: $48,678,135Liabilities 2019: $56,421Net Assets 2019: $48,621,7142019Assets 2020: $38,870,940Liabilities 2020: $648Net Assets 2020: $38,870,2922020Assets 2021: $41,921,803Liabilities 2021: $57,075Net Assets 2021: $41,864,7282021Assets 2022: $42,534,122Liabilities 2022: $490,372Net Assets 2022: $42,043,7502022Assets 2023: $43,046,392Liabilities 2023: $644,965Net Assets 2023: $42,401,4272023Assets 2024: $45,335,818Liabilities 2024: $686,256Net Assets 2024: $44,649,5622024

Highlighted filing

2023

Assets$43,046,392
Liabilities$644,965
Net Assets$42,401,427

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$5.0M$0-$5.0M-$10MExpenses 2011: $31,0352011Revenue 2012: $23,270Expenses 2012: $5,517Net Income 2012: $17,7532012Expenses 2013: $6,1012013Revenue 2014: $8,400Expenses 2014: $5,675Net Income 2014: $2,7252014Revenue 2015: $12,400Expenses 2015: $5,607Net Income 2015: $6,7932015Revenue 2016: $57,000Expenses 2016: $5,927Net Income 2016: $51,0732016Revenue 2017: $8,664Expenses 2017: $7,822Net Income 2017: $8422017Revenue 2018: $20,802Expenses 2018: $18,461Net Income 2018: $2,3412018Revenue 2019: $106,231Expenses 2019: $51,941Net Income 2019: $54,2902019Revenue 2020: -$9,720,010Expenses 2020: $31,412Net Income 2020: -$9,751,4222020Revenue 2021: $3,438,553Expenses 2021: $444,116Net Income 2021: $2,994,4372021Revenue 2022: $1,273,594Expenses 2022: $1,094,572Net Income 2022: $179,0222022Revenue 2023: $2,047,111Expenses 2023: $1,689,434Net Income 2023: $357,6772023Revenue 2024: $4,383,842Expenses 2024: $2,135,708Net Income 2024: $2,248,1342024

Highlighted filing

2023

Revenue$2,047,111
Expenses$1,689,434
Net Income$357,677
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Oct 24, 2023
Return Version
2022v5.0
Gross Receipts
$2,080,082
Mission and Program Overview

Mission

To provide a Christian school in the local community.

To provide a Christian school in the local community

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$40,913,488$40,843,310▼ $70,178
Cash and Non-Interest-Bearing Accounts$841,499$1,357,497▲ $515,998
Prepaid Expenses and Deferred Charges$26,873$36,604▲ $9,731
Accounts Receivable$1,975$11,152▲ $9,177
Intangible Assets$20$50▲ $30
Total Assets$42,534,122$43,046,392▲ $512,270
Other Assets Total$750,267$797,779▲ $47,512
Liabilities
Deferred Revenue$327,306$504,614▲ $177,308
Accounts Payable and Accrued Expenses$74,898$71,136▼ $3,762
Other Liabilities$88,168$69,215▼ $18,953
Total Liabilities$490,372$644,965▲ $154,593
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$42,043,750$42,401,427▲ $357,677
Total Net Assets Fund Balance$42,043,750$42,401,427▲ $357,677
Total Liabilities and Net Assets / Fund Balance$42,534,122$43,046,392▲ $512,270

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,398,424$173,278-
Land$38,434,294--
Leasehold Improvements$10,592$6,708-
Other Assets Org$6,800--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Joe SundermanPresident
Bob RomanDirector
Doug CoombsDirector
Justin AndersonDirector
Tricia WilborneDirector
Heather CarrSecretary
Chuck LeyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$925,451
Program Service Revenue
$1,127,474
Investment Income
$0
Other Revenue
$-5,814
All Other Contributions
$740,855
Change in Net Assets
$357,677
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$907,865
Other Expenses$781,569
Total Fundraising Expense$179,580
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$794,242$5,430$0$799,672
Advertising$1,707$38,209$179,580$219,496
Other Expenses$108,645$0$0$108,645
Occupancy$106,482$0$0$106,482
Fees for Services Other$52,739$51,959$0$104,698
Insurance$86,355$4,746$0$91,101
Depreciation Depletion$70,178$0$0$70,178
Payroll Taxes$62,824$443$0$63,267
Other Employee Benefits$44,926$0$0$44,926
Information Technology$35,736$1,056$0$36,792
Fees for Services Legal$4,599$0$0$4,599
Fees for Services Accounting$0$3,068$0$3,068
Interest$0$1,784$0$1,784
All Other Expenses$945$0$0$945
Total Functional Expenses$1,397,863$111,991$179,580$1,689,434
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$32,971
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$176,006$0$32,971$-32,971
Total Events$176,006$0$32,971$-32,971
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Owned by board memberProvides merchant servicesNo$17,076
-Owned by substantial contributorProvides admin servicesNo$8,691
-Owned by substantial contributorLand leaseNo$231
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Restricted funds - AA S Scholarship$69,215
Due to employees$0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Capstone Christian Academy
EIN
20-0166381
Phone
7025971010
Address
1045 Palms Airport Drive, Las Vegas, NV 89119

Signing Officer

Name
Joe Sunderman
Title
President
Phone
7025971010
Signed
2023-10-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark Whelchel
Formed
2003
Legal Domicile
Nv
Voting Board Members
6
Independent Board Members
6
Employees
25
Volunteers
0

Preparer

Firm
Rich Wightman & Co CPAs LLC
Address
1301 South Jones Blvd, Las Vegas, NV 89146
Preparer
Mark D Rich CPA
Phone
7028780959
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

No documents are made available to the public. The Treasurer and Controller review Form 990 and all attached schedules before filing.

Pt VI, Line 12C

The directors review and recertify the conflict policy and any potential conflicts annually at the Board of Directors meeting.

Pt VI, Line 15A

The process to determine compensation of key personnel is based on comparable salaries for personnel with similar experience and responsibilities in the private Christian education sector and is approved by the Board of Directors.

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IRS990/PYOtherExpensesAmt0517323
IRS990/PYOtherRevenueAmt021365
IRS990/PYProgramServiceRevenueAmt0593929
IRS990/PYRevenuesLessExpensesAmt0179022
IRS990/PYSalariesCompEmpBnftPaidAmt0577249
IRS990/PYTotalExpensesAmt01094572
IRS990/PYTotalRevenueAmt01273594
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0357677
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt027157
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01127474
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt02398424
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0173278
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt02571702
IRS990ScheduleD/LandGrp/BookValueAmt038434294
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt038434294
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt010592
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt06708
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt017300
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0790979
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt16800
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Site Development Costs
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Deposit
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt169215
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Due to employees
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Restricted funds - AA S Scholarship
IRS990ScheduleD/TotalBookValueLandBuildingsAmt040843310
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0797779
IRS990ScheduleD/TotalLiabilityAmt069215
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleG/AgrmtProfFundraisingActyInd0true
IRS990ScheduleG/EmailSolicitationsInd0X
IRS990ScheduleG/FundraiserActivityInfoGrp/ActivityTxt0Capital campaign
IRS990ScheduleG/FundraiserActivityInfoGrp/FundraiserControlOfFundsInd0false
IRS990ScheduleG/FundraiserActivityInfoGrp/GrossReceiptsAmt00
IRS990ScheduleG/FundraiserActivityInfoGrp/NetToOrganizationAmt0-179580
IRS990ScheduleG/FundraiserActivityInfoGrp/OrganizationBusinessName/BusinessNameLine1Txt0Philanthropy Development Associates
IRS990ScheduleG/FundraiserActivityInfoGrp/RetainedByContractorAmt0179580
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0176006
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0176006
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt032971
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Gala
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0176006
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0176006
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-32971
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt032971
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt032971
IRS990ScheduleG/InPersonSolicitationsInd0X
IRS990ScheduleG/SolicitationOfGovtGrantsInd0X
IRS990ScheduleG/SolicitationOfNonGovtGrantsInd0X
IRS990ScheduleG/TotalGrossReceiptsAmt00
IRS990ScheduleG/TotalNetToOrganizationAmt0-179580
IRS990ScheduleG/TotalRetainedByContractorsAmt0179580
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0BMC LLC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt1Cornerstone Merchant Services Inc
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt2Impact Business Services
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0Owned by substantial contributor
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1Owned by board member
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt2Owned by substantial contributor
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd1false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd2false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt0231
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt117076
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt28691
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0Land lease
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1Provides merchant services
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc2Provides admin services
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No documents are made available to the public. The Treasurer and Controller review Form 990 and all attached schedules before filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The directors review and recertify the conflict policy and any potential conflicts annually at the Board of Directors meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The process to determine compensation of key personnel is based on comparable salaries for personnel with similar experience and responsibilities in the private Christian education sector and is approved by the Board of Directors.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15a
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt042534122
IRS990/TotalAssetsEOYAmt043046392
IRS990/TotalAssetsGrp/BOYAmt042534122
IRS990/TotalAssetsGrp/EOYAmt043046392
IRS990/TotalCompGreaterThan150KInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$45.3$0.69$44.6$4.38$2.14$2.25
2023Detailed filing. Detailed filing data is available for this year.$43.0$0.64$42.4$2.05$1.69$0.36
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$42.5$0.49$42.0$1.27$1.09$0.18
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$41.9$0.06$41.9$3.44$0.44$2.99
2020Summary only. Only limited summary data is available for this year.$38.9$0.00$38.9$9.72$0.03$9.75
2019Summary only. Only limited summary data is available for this year.$48.7$0.06$48.6$0.11$0.05$0.05
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$48.6$0.02$48.6$0.02$0.02$0.00
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$48.6$0.02$48.6$0.01$0.01$0.00
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$48.6$0.02$48.6$0.06$0.01$0.05
2015Detailed filing. Detailed filing data is available for this year.$48.6$0.05$48.5$0.01$0.01$0.01
2014Detailed filing. Detailed filing data is available for this year.$48.5$0.03$48.5$0.01$0.01$0.00
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$48.5$0.02$48.5$0.01
2012Summary only. Only limited summary data is available for this year.$48.5$0.03$48.5$0.02$0.01$0.02
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$48.5$0.03$48.5$0.03