Civic Intelligence

Unity Christian Academy

990 • Fiscal year 2021 • EIN 35-2550121

Jul 01, 2020 to Jun 30, 2021 • Filed on May 16, 2022

16341 South Park AvenueSouth Holland, IL 60473

(708) 980-1040

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.37x

Higher debt load relative to assets than 82% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

75th percentile

0.22x

Higher debt load relative to revenue than 75% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

82nd percentile

41%

Higher net margin than 82% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

52nd percentile

$0

Higher top officer pay than 52% of similar nonprofits.

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

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

98th percentile

405%

Faster asset growth than 98% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

87th percentile

107%

Faster revenue growth than 87% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Up

$582,829

Up $467,384 (+405%) from 2020

Net Assets

Up

$369,180

Up $567,676 (+286%) from 2020

Liabilities

Down

$213,649

Down $100,292 (-32%) from 2020

Revenue

Up

$976,690

Up $504,887 (+107%) from 2020

Expenses

Up

$574,157

Up $27,152 (+5.0%) from 2020

Net Income

Up

$402,533

Up $477,735 (+635%) from 2020

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MAssets 2018: $178,518Liabilities 2018: $150,000Net Assets 2018: $28,5182018Assets 2019: $39,658Liabilities 2019: $162,952Net Assets 2019: -$123,2942019Assets 2020: $115,445Liabilities 2020: $313,941Net Assets 2020: -$198,4962020Assets 2021: $582,829Liabilities 2021: $213,649Net Assets 2021: $369,1802021Assets 2022: $1,439,138Liabilities 2022: $902,610Net Assets 2022: $536,5282022Assets 2023: $3,630,795Liabilities 2023: $2,611,435Net Assets 2023: $1,019,3602023

Highlighted filing

2021

Assets$582,829
Liabilities$213,649
Net Assets$369,180

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2018: $143,420Expenses 2018: $193,031Net Income 2018: -$49,6112018Revenue 2019: $387,261Expenses 2019: $539,073Net Income 2019: -$151,8122019Revenue 2020: $471,803Expenses 2020: $547,005Net Income 2020: -$75,2022020Revenue 2021: $976,690Expenses 2021: $574,157Net Income 2021: $402,5332021Revenue 2022: $1,092,010Expenses 2022: $924,662Net Income 2022: $167,3482022Revenue 2023: $1,458,976Expenses 2023: $1,029,120Net Income 2023: $429,8562023

Highlighted filing

2021

Revenue$976,690
Expenses$574,157
Net Income$402,533
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 16, 2022
Return Version
2020v4.0
Gross Receipts
$978,037
Mission and Program Overview

Mission

Empowering a diverse community, united by christ, to achieve excellence in education for the flourishing of all creation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$94,976$435,787▲ $340,811
Land, Buildings, and Equipment, Net$58,879$49,719▼ $9,160
Intangible Assets$42,368$39,138▼ $3,230
Accounts Receivable$18,999$28,085▲ $9,086
Prepaid Expenses and Deferred Charges$2,000$2,000→ $0
Savings and Temporary Cash Investments$100$100→ $0
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Inventories for Sale or Use-$0-
Total Assets$217,322$582,829▲ $365,507
Other Assets Total-$28,000-
Liabilities
Unsecured Notes Loans Payable$239,556$185,000▼ $54,556
Other Liabilities$10,980$26,306▲ $15,326
Accounts Payable and Accrued Expenses$139$2,343▲ $2,204
Total Liabilities$250,675$213,649▼ $37,026
Net Assets / Fund Balance
Net Assets With Donor Restrictions$2,074$440,732▲ $438,658
Net Assets Without Donor Restrictions$-35,427$-71,552▼ $36,125
Total Net Assets Fund Balance$-33,353$369,180▲ $402,533
Total Liabilities and Net Assets / Fund Balance$217,322$582,829▲ $365,507

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$42,538$26,729$69,267
Leasehold Improvements$4,672$6,330$11,002
Equipment$2,509$991$3,500
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$711,232
Program Service Revenue
$263,823
Investment Income
$47
Other Revenue
$1,588
All Other Contributions
$711,232
Change in Net Assets
$402,533

Audited Revenue Reconciliation

Revenue per Audited Statements
$976,690
Total Revenue per Audited Statements
$976,690
Total Revenue per Form 990
$976,690
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$385,549
Other Expenses$188,608
Total Fundraising Expense$5,765
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$333,149--$333,149
Occupancy-$57,817-$57,817
Payroll Taxes$29,890--$29,890
All Other Expenses$6,902$12,656$5,765$25,323
Other Employee Benefits$22,510--$22,510
Depreciation Depletion-$16,544-$16,544
Other Expenses$8,995--$8,995
Information Technology$7,144--$7,144
Insurance-$6,960-$6,960
Fees for Services Accounting-$5,065-$5,065
Advertising-$3,811-$3,811
Office Expenses-$2,009-$2,009
Travel$914--$914
Fees for Service Investment Mgmnt Fees-$732-$732
Interest-$153-$153
Total Functional Expenses$462,645$105,747$5,765$574,157

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$574,157
Total Expenses per Audited Statements$574,157
Total Expenses per Form 990$574,157
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
Dave LarsenBoard MemberLoan - See BelowNo$200,000

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Retirement Plan Payable$11,222
Prepaid Tuition/enrollment Fees$9,580
Credit Card Payable$5,504
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
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

Governance Explanations

Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

Dr. David larsen-director and sally haywood-larsen-vp/secretary are married to each other

Form 990, Part VI, Line 11B: Form 990 Review Process

The form 990 is prepared by the certified public accountants from information provided by the director of finance and the treasurer. Then the form 990 is reviewed and signed by the treasurer of the board of directors after it is approvrd to be filed by the board of directors. A copy of the form 990 is presented to each member of the board of directors.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

The treasurer monitors all new vendors to determine if there is a relationship between the vendor and any board member or employee of the school which would create a conflict of interest. If a conflict of interest is identified, the school documents that the transaction is competitively priced when compared to other vendors.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The school board annually reviews the job performance and the compensation of the head of school and all employees. All employees receive written contracts. Which identifies their annual compensation. Comparable compensation data is collected from similar schools in the chicagoland region and is used to set the current compensation of all employee. All employee contracts are approved by the board of directors.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Documents are made available upon request.

Filing and Contact Details

Filer

Filer Name
Unity Christian Academy
EIN
35-2550121
Phone
7089801040
Address
16341 SOUTH PARK AVENUE, SOUTH HOLLAND, IL 60473

Signing Officer

Name
Kaysha Larry
Title
Treasurer
Signed
2022-05-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kaysha Larry
Formed
2016
Legal Domicile
Il
Voting Board Members
10
Independent Board Members
10
Employees
13

Preparer

Firm
Dreyer Ooms & Van Drunen Ltd
Address
17075 South Park Ave, South Holland, IL 60473
Preparer
Lawrence J Van Drunen
Phone
7085966100
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IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt028000
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt022510
IRS990/OtherEmployeeBenefitsGrp/TotalAmt022510
IRS990/OtherExpensesGrp/Desc0SUBCONTRACTORS
IRS990/OtherExpensesGrp/Desc1NUTRITION
IRS990/OtherExpensesGrp/Desc2CURRICULUM
IRS990/OtherExpensesGrp/Desc3ONE SCHOOLHOUSE ONLINE LEARN
IRS990/OtherExpensesGrp/ProgramServicesAmt023591
IRS990/OtherExpensesGrp/ProgramServicesAmt117440
IRS990/OtherExpensesGrp/ProgramServicesAmt212110
IRS990/OtherExpensesGrp/ProgramServicesAmt38995
IRS990/OtherExpensesGrp/TotalAmt023591
IRS990/OtherExpensesGrp/TotalAmt117440
IRS990/OtherExpensesGrp/TotalAmt212110
IRS990/OtherExpensesGrp/TotalAmt38995
IRS990/OtherLiabilitiesGrp/BOYAmt010980
IRS990/OtherLiabilitiesGrp/EOYAmt026306
IRS990/OtherRevenueMiscGrp/Desc0CASH BACK REWARD
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01816
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01816
IRS990/OtherRevenueTotalAmt01816
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0333149
IRS990/OtherSalariesAndWagesGrp/TotalAmt0333149
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt029890
IRS990/PayrollTaxesGrp/TotalAmt029890
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02000
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02000
IRS990/PrincipalOfficerNm0KAYSHA LARRY
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0TUITION
IRS990/ProgramServiceRevenueGrp/Desc1ENROLLMENT/MEAL PLAN
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0238479
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt125344
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0238479
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt125344
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0379126
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0176261
IRS990/PYOtherRevenueAmt058
IRS990/PYProgramServiceRevenueAmt0167658
IRS990/PYRevenuesLessExpensesAmt0-1749
IRS990/PYSalariesCompEmpBnftPaidAmt0372330
IRS990/PYTotalExpensesAmt0548591
IRS990/PYTotalRevenueAmt0546842
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0402533
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0263823
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0100
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0100
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/EquipmentGrp/BookValueAmt02509
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0991
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt03500
IRS990ScheduleD/ExpensesSubtotalAmt0574157
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt04672
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt06330
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt011002
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt042538
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt026729
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt069267
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt05504
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt111222
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt29580
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CREDIT CARD PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1RETIREMENT PLAN PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2PREPAID TUITION/ENROLLMENT FEES
IRS990ScheduleD/RevenueSubtotalAmt0976690
IRS990ScheduleD/TotalBookValueLandBuildingsAmt049719
IRS990ScheduleD/TotalExpensesPerForm990Amt0574157
IRS990ScheduleD/TotalLiabilityAmt026306
IRS990ScheduleD/TotalRevenuePerForm990Amt0976690
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0976690
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0574157
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
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0UNITY CHRISTIAN ACADEMY POSTED A NONDISCRIMINATION STATEMENT IN THE NWI TIMES WHEN THE 501(C)3 STATUS WAS APPLIED FOR. THE STATEMENT HAS BEEN ADDED TO THE UNITY CHRISTIAN ACADEMY WEBSITE AND THE STUDENT APPLICATIONS, AS WELL.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0DAVE LARSEN
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0BOARD MEMBER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt0200000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0LOAN - SEE BELOW
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt095000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt190000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd1true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd1false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0100000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt1100000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0DAVE LARSEN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1DAVE LARSEN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0BOARD
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1BOARD

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