Civic Intelligence

Fremont Christian School

990 • Fiscal year 2020 • EIN 38-1459379

Sep 01, 2019 to Aug 31, 2020 • Filed on Dec 17, 2020

208 Hillcrest DriveFremont, MI 49412

(231) 924-2740

Siviq Scores

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

Liabilities / Assets

54th percentile

0.13x

Higher debt load relative to assets than 54% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

73rd percentile

0.38x

Higher debt load relative to revenue than 73% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

31st percentile

-2.9%

Higher net margin than 31% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

53rd percentile

$66,665

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 4.1% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

94th percentile

120%

Faster asset growth than 94% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

50th percentile

0.8%

Faster revenue growth than 50% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$4,886,330

Up $2,664,213 (+120%) from 2019

Net Assets

Up

$4,267,736

Up $2,351,984 (+123%) from 2019

Liabilities

Up

$618,594

Up $312,229 (+102%) from 2019

Revenue

Up

$1,619,387

Up $13,250 (+0.8%) from 2019

Expenses

Down

$1,666,546

Down $61,431 (-3.6%) from 2019

Net Income

Up

-$47,159

Up $74,681 (+61%) from 2019

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $3,586,871Liabilities 2010: $35,080Net Assets 2010: $3,551,7912010Assets 2011: $3,657,792Liabilities 2011: $26,782Net Assets 2011: $3,631,0102011Assets 2012: $3,725,092Liabilities 2012: $26,083Net Assets 2012: $3,699,0092012Assets 2013: $2,243,361Liabilities 2013: $58,364Net Assets 2013: $2,184,9972013Assets 2014: $2,452,888Liabilities 2014: $135,276Net Assets 2014: $2,317,6122014Assets 2015: $2,359,379Liabilities 2015: $188,681Net Assets 2015: $2,170,6982015Assets 2016: $2,502,549Liabilities 2016: $309,768Net Assets 2016: $2,192,7812016Assets 2017: $2,770,393Liabilities 2017: $579,344Net Assets 2017: $2,191,0492017Assets 2018: $2,345,504Liabilities 2018: $226,494Net Assets 2018: $2,119,0102018Assets 2019: $2,222,117Liabilities 2019: $306,365Net Assets 2019: $1,915,7522019Assets 2020: $4,886,330Liabilities 2020: $618,594Net Assets 2020: $4,267,7362020Assets 2021: $5,375,112Liabilities 2021: $223,986Net Assets 2021: $5,151,1262021Assets 2022: $4,977,250Liabilities 2022: $134,182Net Assets 2022: $4,843,0682022Assets 2023: $4,639,015Liabilities 2023: $84,071Net Assets 2023: $4,554,9442023Assets 2024: $4,965,141Liabilities 2024: $220,959Net Assets 2024: $4,744,1822024Assets 2025: $4,641,125Liabilities 2025: $52,197Net Assets 2025: $4,588,9282025

Highlighted filing

2020

Assets$4,886,330
Liabilities$618,594
Net Assets$4,267,736

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $861,5972010Expenses 2011: $783,0302011Expenses 2012: $812,9272012Revenue 2013: $876,212Expenses 2013: $817,998Net Income 2013: $58,2142013Revenue 2014: $927,345Expenses 2014: $914,604Net Income 2014: $12,7412014Revenue 2015: $1,037,699Expenses 2015: $1,030,676Net Income 2015: $7,0232015Revenue 2016: $1,154,067Expenses 2016: $1,197,108Net Income 2016: -$43,0412016Revenue 2017: $1,285,821Expenses 2017: $1,387,670Net Income 2017: -$101,8492017Revenue 2018: $1,452,851Expenses 2018: $1,582,133Net Income 2018: -$129,2822018Revenue 2019: $1,606,137Expenses 2019: $1,727,977Net Income 2019: -$121,8402019Revenue 2020: $1,619,387Expenses 2020: $1,666,546Net Income 2020: -$47,1592020Revenue 2021: $2,611,802Expenses 2021: $1,728,412Net Income 2021: $883,3902021Revenue 2022: $1,864,893Expenses 2022: $1,924,403Net Income 2022: -$59,5102022Revenue 2023: $1,772,802Expenses 2023: $2,191,404Net Income 2023: -$418,6022023Revenue 2024: $2,807,530Expenses 2024: $2,932,206Net Income 2024: -$124,6762024Revenue 2025: $2,349,616Expenses 2025: $2,669,332Net Income 2025: -$319,7162025

Highlighted filing

2020

Revenue$1,619,387
Expenses$1,666,546
Net Income-$47,159
Jump To
Filing Snapshot
Filing Period
Sep 1, 2019 to Aug 31, 2020
Signed
Dec 17, 2020
Return Version
2019v5.1
Gross Receipts
$1,619,387
Mission and Program Overview

Mission

To provide Christian School Education for over 250 students

To provide Christian School Education for over 100 students

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$574,072$2,790,474▲ $2,216,402
Investments in Publicly Traded Securities$1,459,655$1,607,767▲ $148,112
Pledges and Grants Receivable-$159,200-
Cash and Non-Interest-Bearing Accounts$41,331$89,476▲ $48,145
Accounts Receivable-$15,109-
Total Assets$2,222,117$4,886,330▲ $2,664,213
Other Assets Total$147,059$224,304▲ $77,245
Liabilities
Unsecured Notes Loans Payable-$291,698-
Mortgage Notes Payable Secured by Investment Property-$269,000-
Deferred Revenue-$39,478-
Accounts Payable and Accrued Expenses$306,365$18,418▼ $287,947
Total Liabilities$306,365$618,594▲ $312,229
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,915,752$2,453,026▲ $537,274
Net Assets With Donor Restrictions-$1,814,710-
Total Net Assets Fund Balance$1,915,752$4,267,736▲ $2,351,984
Total Liabilities and Net Assets / Fund Balance$2,222,117$4,886,330▲ $2,664,213

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$790,743$1,599,940$2,390,683
Land$1,912,276-$1,912,276
Equipment$87,455$179,748$267,203
Other Assets Org$85,171--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Nick DunkerslootPrincipalFT$48,753$17,912$66,665

Board Members and Trustees

NameTitle
Marv DeurPresident
Jason DeKuiperVice President
Kortnie KarpDirector
Mark MillerDirector
Paul CookDirector
Robin TyinkDirector
Ed KrohnAssistant Treasurer
Jody CookSecretary
Joe HansenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$495,324
Program Service Revenue
$1,104,057
Investment Income
$68
Other Revenue
$19,938
All Other Contributions
$495,324
Change in Net Assets
$-47,159
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,196,206
Other Expenses$470,340
Total Fundraising Expense$29,046
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$858,785$0$27,205$885,990
Other Employee Benefits$177,737$0$0$177,737
Occupancy$112,641$1,465$0$114,106
Office Expenses$36,867$64,231$1,841$102,939
Depreciation Depletion$69,326$0$0$69,326
Payroll Taxes$52,226$0$0$52,226
Current Officers, Directors, Trustees, and Key Employees$48,753$0$0$48,753
Pension Plan Contributions$31,500$0$0$31,500
Conferences and Meetings$11,624$0$0$11,624
Interest$0$6,905$0$6,905
Other Expenses$3,891$0$0$3,891
Total Functional Expenses$1,564,899$72,601$29,046$1,666,546
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Auction$89,276$89,276$7,605$81,671
Total Events$89,276$89,276$7,605$81,671
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Fremont Christian School Society
EIN
38-1459379
Phone
2319242740
Address
208 Hillcrest Drive, Fremont, MI 49412

Signing Officer

Name
Marv Deur
Title
President
Phone
2319242740
Signed
2020-12-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Marv Deur
Formed
1952
Legal Domicile
Mi
Voting Board Members
9
Independent Board Members
9
Employees
59
Volunteers
100

Preparer

Firm
Vredeveld Haefner LLC
Address
10302 20TH AVE NW, GRAND RAPIDS, MI 49534
Preparer
Michael Vredeveld CPA
Phone
6166488447
Supplemental Narrative

Additional Explanations

Pt VI, Line 19

Documents are available upon request.

Pt VI, Line 11B

The 990 is reviewed by a contracted accountant prior to filing.

Pt XI

Part XI Line 8 - Prior Period Adjustment - Subsequent to filing the 990, the Organization noted the trial balance did not include costs of a building addition, capital contributions, and mortgage debt. There were also several prior period adjustments related to the review of the financial statements. See detail schedule for detailed items.

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IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0858785
IRS990/OtherSalariesAndWagesGrp/TotalAmt0885990
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt052226
IRS990/PayrollTaxesGrp/TotalAmt052226
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt031500
IRS990/PensionPlanContributionsGrp/TotalAmt031500
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0159200
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0Marv Deur
IRS990/PriorPeriodAdjustmentsAmt02399143
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611100
IRS990/ProgramServiceRevenueGrp/BusinessCd1611100
IRS990/ProgramServiceRevenueGrp/BusinessCd2611100
IRS990/ProgramServiceRevenueGrp/Desc0Food Program
IRS990/ProgramServiceRevenueGrp/Desc1Student Groups
IRS990/ProgramServiceRevenueGrp/Desc2Tuition
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/ExclusionAmt20
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt036533
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt121597
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21045927
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt20
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0177400
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt03
IRS990/PYOtherExpensesAmt0319277
IRS990/PYOtherRevenueAmt097474
IRS990/PYProgramServiceRevenueAmt01331260
IRS990/PYRevenuesLessExpensesAmt0-121840
IRS990/PYSalariesCompEmpBnftPaidAmt01408700
IRS990/PYTotalExpensesAmt01727977
IRS990/PYTotalRevenueAmt01606137
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-47159
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt019635
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01619387
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/BookValueAmt0790743
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01599940
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02390683
IRS990ScheduleD/EquipmentGrp/BookValueAmt087455
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0179748
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0267203
IRS990ScheduleD/LandGrp/BookValueAmt01912276
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01912276
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0139133
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt185171
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Custody Account
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Money Market
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02790474
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0224304
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0The School received a PPP loan through the CARES Act.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1It is posted in the handbook. The handbook is accessible to parents via the School's website. It is posted in the School's handbook, which is available to parent's via our website or upon request.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Line 6b
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Line 3
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt07605
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Auction
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt089276
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt089276
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt089276
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt089276
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt081671
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt07605
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt07605
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Documents are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The 990 is reviewed by a contracted accountant prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Part XI Line 8 - Prior Period Adjustment - Subsequent to filing the 990, the Organization noted the trial balance did not include costs of a building addition, capital contributions, and mortgage debt. There were also several prior period adjustments related to the review of the financial statements. See detail schedule for detailed items.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt XI
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02222117
IRS990/TotalAssetsEOYAmt04886330
IRS990/TotalAssetsGrp/BOYAmt02222117
IRS990/TotalAssetsGrp/EOYAmt04886330
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0495324
IRS990/TotalEmployeeCnt059
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt029046
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt072601
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01564899

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$4.64$0.05$4.59$2.35$2.67$0.32
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.97$0.22$4.74$2.81$2.93$0.12
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.64$0.08$4.55$1.77$2.19$0.42
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.98$0.13$4.84$1.86$1.92$0.06
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.38$0.22$5.15$2.61$1.73$0.88
2020Detailed filing. Detailed filing data is available for this year.$4.89$0.62$4.27$1.62$1.67$0.05
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.22$0.31$1.92$1.61$1.73$0.12
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.35$0.23$2.12$1.45$1.58$0.13
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.77$0.58$2.19$1.29$1.39$0.10
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.50$0.31$2.19$1.15$1.20$0.04
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.36$0.19$2.17$1.04$1.03$0.01
2014Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$2.45$0.14$2.32$0.93$0.91$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.24$0.06$2.18$0.88$0.82$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.73$0.03$3.70$0.81
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.66$0.03$3.63$0.78
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.59$0.04$3.55$0.86