Civic Intelligence

Valor Christian Academy

990 • Fiscal year 2021 • EIN 45-4521666

Jul 01, 2020 to Jun 30, 2021 • Filed on Oct 06, 2021

Organization Profilewww.valorchristianacademy.org

View Organization Page

525 Earle StreetRedondo Beach, CA 90278

(310) 798-5181

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.27x

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

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

43rd percentile

0.06x

Higher debt load relative to revenue than 43% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

13th percentile

-15%

Higher net margin than 13% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

65th percentile

$89,960

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 3.7% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

2nd percentile

-40%

Faster asset growth than 2% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

17th percentile

-14%

Faster revenue growth than 17% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets73rd percentile

Assets

Down

$532,401

Down $348,117 (-40%) from 2020

Net Assets

Down

$387,060

Down $9,522 (-2.4%) from 2020

Liabilities

Down

$145,341

Down $338,595 (-70%) from 2020

Revenue And Expenses
Liabilities / Revenue43rd percentileNet Margin13th percentile

Revenue

Down

$2,410,149

Down $386,993 (-14%) from 2020

Expenses

Down

$2,766,772

Down $28,771 (-1.0%) from 2020

Net Income

Down

-$356,623

Down $358,222 (-22403%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth2nd percentile

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

$2.0M$1.5M$1.0M$500K$0Assets 2013: $213,890Liabilities 2013: $125,196Net Assets 2013: $88,6942013Assets 2014: $241,517Liabilities 2014: $79,464Net Assets 2014: $162,0532014Assets 2015: $161,041Liabilities 2015: $117,936Net Assets 2015: $43,1052015Assets 2016: $370,408Liabilities 2016: $244,320Net Assets 2016: $126,0882016Assets 2017: $517,166Liabilities 2017: $94,265Net Assets 2017: $422,9012017Assets 2018: $518,068Liabilities 2018: $220,070Net Assets 2018: $297,9982018Assets 2019: $535,205Liabilities 2019: $140,222Net Assets 2019: $394,9832019Assets 2020: $880,518Liabilities 2020: $483,936Net Assets 2020: $396,5822020Assets 2021: $532,401Liabilities 2021: $145,341Net Assets 2021: $387,0602021Assets 2022: $780,423Liabilities 2022: $149,424Net Assets 2022: $630,9992022Assets 2023: $1,389,423Liabilities 2023: $190,116Net Assets 2023: $1,199,3072023Assets 2024: $1,677,509Liabilities 2024: $194,507Net Assets 2024: $1,483,0022024Assets 2025: $1,711,189Liabilities 2025: $319,339Net Assets 2025: $1,391,8502025

Highlighted filing

2021

Assets$532,401
Liabilities$145,341
Net Assets$387,060
Open 2021 Filing

Operations Trend

Revenue Growth17th percentile

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

$4.0M$2.0M$0-$2.0MRevenue 2013: $1,592,541Expenses 2013: $1,551,152Net Income 2013: $41,3892013Revenue 2014: $1,820,069Expenses 2014: $1,746,710Net Income 2014: $73,3592014Revenue 2015: $1,821,503Expenses 2015: $1,940,650Net Income 2015: -$119,1472015Revenue 2016: $2,049,513Expenses 2016: $1,944,499Net Income 2016: $105,0142016Revenue 2017: $2,695,913Expenses 2017: $2,398,220Net Income 2017: $297,6932017Revenue 2018: $2,549,823Expenses 2018: $2,576,336Net Income 2018: -$26,5132018Revenue 2019: $2,800,323Expenses 2019: $2,866,327Net Income 2019: -$66,0042019Revenue 2020: $2,797,142Expenses 2020: $2,795,543Net Income 2020: $1,5992020Revenue 2021: $2,410,149Expenses 2021: $2,766,772Net Income 2021: -$356,6232021Revenue 2022: $3,204,556Expenses 2022: $2,960,617Net Income 2022: $243,9392022Revenue 2023: $3,413,409Expenses 2023: $2,843,167Net Income 2023: $570,2422023Revenue 2024: $3,655,563Expenses 2024: $3,371,868Net Income 2024: $283,6952024Revenue 2025: $3,547,124Expenses 2025: $3,640,902Net Income 2025: -$93,7782025

Highlighted filing

2021

Revenue$2,410,149
Expenses$2,766,772
Net Income-$356,623
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Oct 6, 2021
Return Version
2020v4.0
Gross Receipts
$2,411,864
Mission and Program Overview

Mission

To provide each student with an uncompromising Christian education devoted to academic excellence in a family-friendly, safe, and nurturing environment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$858,446$510,676▼ $347,770
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$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-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$880,518$532,401▼ $348,117
Other Assets Total$22,072$21,725▼ $347
Liabilities
Other Liabilities$480,320$139,985▼ $340,335
Accounts Payable and Accrued Expenses$3,616$5,356▲ $1,740
Total Liabilities$483,936$145,341▼ $338,595
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$396,582$387,060▼ $9,522
Total Net Assets Fund Balance$396,582$387,060▼ $9,522
Total Liabilities and Net Assets / Fund Balance$880,518$532,401▼ $348,117
Compensation and Service Providers
Top Officer Pay65th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Jonathan FastSecretaryFT$89,960$89,960

Board Members and Trustees

NameTitle
Doug BorstelChairman
Bryan BohlingerTrustee
Kevin BooneCFO
Revenue and Support

Revenue Composition

Contributions and Grants
$2,408,218
Program Service Revenue
$0
Investment Income
$1,931
Other Revenue
$0
All Other Contributions
$2,408,218
Change in Net Assets
$-356,623
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,886,042
Other Expenses$880,730
Total Fundraising Expense$53,534
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,470,612$167,115$33,423$1,671,150
Occupancy$235,569$26,769$5,354$267,692
Insurance$226,519$25,741$5,148$257,408
Payroll Taxes$109,940$12,493$2,499$124,932
Current Officers, Directors, Trustees, and Key Employees$89,960--$89,960
All Other Expenses$68,147$7,745$1,547$77,439
Other Expenses$15,840$1,800$360$18,000
Fees for Services Legal$7,594$863$173$8,630
Office Expenses$4,457$507$101$5,065
Advertising$1,419$161$32$1,612
Total Functional Expenses$2,445,556$267,682$53,534$2,766,772
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

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
Prepaid Fees$120,605
Other$15,444
Payroll Payable$3,015
Book Fair$719
Ira Deduction$200
Rounding$2
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“Board of directors reviews form 990 before approving it for filing”

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

“Board of trustees determines the head of school's salary. Head of school determines staff salaries.”

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

“Financial statements and governing documents are available to the public upon request”

Filing and Contact Details

Filer

Filer Name
Valor Christian Academy
EIN
45-4521666
Phone
3107985181
Address
525 EARLE STREET, REDONDO BEACH, CA 90278

Signing Officer

Name
Jonathan Fast
Title
Secretary
Signed
2021-10-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jonathan Fast
Formed
2012
Legal Domicile
CA
Voting Board Members
4
Independent Board Members
4
Employees
57
Volunteers
67

Preparer

Firm
Lia Lee CPA
Address
5818 OCEAN VIEW BLVD, LA CANADA, CA 91011
Preparer
Lia N Lee
Phone
8186364206
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Increases

“Ppp loan forgiven = $347101”

Raw XML AppendixShowing 400 of 404 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt03616
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt05356
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0To provide each student with an uncompromising Christian education devoted to academic excellence in a family-friendly, safe, and nurturing environment.
IRS990/AdvertisingGrp/FundraisingAmt032
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0161
IRS990/AdvertisingGrp/ProgramServicesAmt01419
IRS990/AdvertisingGrp/TotalAmt01612
IRS990/AllOtherContributionsAmt02408218
IRS990/AllOtherExpensesGrp/FundraisingAmt01547
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt07745
IRS990/AllOtherExpensesGrp/ProgramServicesAmt068147
IRS990/AllOtherExpensesGrp/TotalAmt077439
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0JEANNE DRAVES
IRS990/BooksInCareOfDetail/PhoneNum03107985181
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0525 EARLE STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0REDONDO BEACH
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd090278
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0858446
IRS990/CashNonInterestBearingGrp/EOYAmt0510676
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt089960
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt089960
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt02408218
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01931
IRS990/CYOtherExpensesAmt0880730
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-356623
IRS990/CYSalariesCompEmpBnftPaidAmt01886042
IRS990/CYTotalExpensesAmt02766772
IRS990/CYTotalFundraisingExpenseAmt053534
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02410149
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0To provide each student with an uncompromising Christian education devoted to academic excellence in a family-friendly, safe, and nurturing environment.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt057
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt02445556
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt00
IRS990/FeesForServicesLegalGrp/FundraisingAmt0173
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0863
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt07594
IRS990/FeesForServicesLegalGrp/TotalAmt08630
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0JONATHAN FAST
IRS990/Form990PartVIISectionAGrp/PersonNm1KEVIN BOONE
IRS990/Form990PartVIISectionAGrp/PersonNm2DOUG BORSTEL
IRS990/Form990PartVIISectionAGrp/PersonNm3BRYAN BOHLINGER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt089960
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt1CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt2Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt3Trustee
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02012
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt01501
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt03216
IRS990/GrossReceiptsAmt02411864
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/FundraisingAmt05148
IRS990/InsuranceGrp/ManagementAndGeneralAmt025741
IRS990/InsuranceGrp/ProgramServicesAmt0226519
IRS990/InsuranceGrp/TotalAmt0257408
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt0430
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0430
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LegalDomicileStateCd0CA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt01715
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0To provide each student with an uncompromising Christian education devoted to academic excellence in a family-friendly, safe, and nurturing environment.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0396582
IRS990/NetAssetsOrFundBalancesEOYAmt0387060
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt01501
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt01501
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0396582
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0387060
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt05354
IRS990/OccupancyGrp/ManagementAndGeneralAmt026769
IRS990/OccupancyGrp/ProgramServicesAmt0235569
IRS990/OccupancyGrp/TotalAmt0267692
IRS990/OfficeExpensesGrp/FundraisingAmt0101
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0507
IRS990/OfficeExpensesGrp/ProgramServicesAmt04457
IRS990/OfficeExpensesGrp/TotalAmt05065
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt022072
IRS990/OtherAssetsTotalGrp/EOYAmt021725
IRS990/OtherChangesInNetAssetsAmt0347101
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0PTF EXPENSE
IRS990/OtherExpensesGrp/Desc1CLASSROOM EXPENSE
IRS990/OtherExpensesGrp/Desc2FINANCIAL ASSISTANCE
IRS990/OtherExpensesGrp/Desc3COMPUTER SERVICES
IRS990/OtherExpensesGrp/FundraisingAmt02199
IRS990/OtherExpensesGrp/FundraisingAmt11676
IRS990/OtherExpensesGrp/FundraisingAmt21022
IRS990/OtherExpensesGrp/FundraisingAmt3360
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt010997
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt18380
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt25111
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt31800
IRS990/OtherExpensesGrp/ProgramServicesAmt096774
IRS990/OtherExpensesGrp/ProgramServicesAmt173747
IRS990/OtherExpensesGrp/ProgramServicesAmt244978
IRS990/OtherExpensesGrp/ProgramServicesAmt315840
IRS990/OtherExpensesGrp/TotalAmt0109970
IRS990/OtherExpensesGrp/TotalAmt183803
IRS990/OtherExpensesGrp/TotalAmt251111
IRS990/OtherExpensesGrp/TotalAmt318000
IRS990/OtherLiabilitiesGrp/BOYAmt0480320
IRS990/OtherLiabilitiesGrp/EOYAmt0139985
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt033423
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0167115
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01470612
IRS990/OtherSalariesAndWagesGrp/TotalAmt01671150
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt02499
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt012493
IRS990/PayrollTaxesGrp/ProgramServicesAmt0109940
IRS990/PayrollTaxesGrp/TotalAmt0124932
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0JONATHAN FAST
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt02795848
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt01294
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0928503
IRS990/PYRevenuesLessExpensesAmt01599
IRS990/PYSalariesCompEmpBnftPaidAmt01867040
IRS990/PYTotalExpensesAmt02795543
IRS990/PYTotalRevenueAmt02797142
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-356623
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0719
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1200
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt215444
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt33015
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt4120605
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt52
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0BOOK FAIR
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1IRA DEDUCTION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2OTHER
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3PAYROLL PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4PREPAID FEES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5Rounding
IRS990ScheduleD/TotalLiabilityAmt0139985
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/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
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOARD OF DIRECTORS REVIEWS FORM 990 BEFORE APPROVING IT FOR FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD OF TRUSTEES DETERMINES THE HEAD OF SCHOOL'S SALARY. HEAD OF SCHOOL DETERMINES STAFF SALARIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PPP LOAN FORGIVEN = $347101
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Changes In Net Assets Or Fund Balances - Other Increases
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0880518
IRS990/TotalAssetsEOYAmt0532401
IRS990/TotalAssetsGrp/BOYAmt0880518
IRS990/TotalAssetsGrp/EOYAmt0532401
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt02408218
IRS990/TotalEmployeeCnt057
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt053534
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0267682
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02445556
IRS990/TotalFunctionalExpensesGrp/TotalAmt02766772
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0483936
IRS990/TotalLiabilitiesEOYAmt0145341
IRS990/TotalLiabilitiesGrp/BOYAmt0483936
IRS990/TotalLiabilitiesGrp/EOYAmt0145341
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0396582
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0387060
IRS990/TotalProgramServiceExpensesAmt02445556
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt089960
IRS990/TotalRevenueGrp/ExclusionAmt01931
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02410149
IRS990/TotalVolunteersCnt067
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0880518
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0532401
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0525 EARLE STREET
IRS990/USAddress/CityNm0REDONDO BEACH
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd090278
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0www.valorchristianacademy.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JONATHAN FAST
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Secretary
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-10-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VALOR CHRISTIAN ACADEMY
ReturnHeader/Filer/BusinessNameControlTxt0VALO
ReturnHeader/Filer/EIN0454521666
ReturnHeader/Filer/PhoneNum03107985181
ReturnHeader/Filer/USAddress/AddressLine1Txt0525 EARLE STREET
ReturnHeader/Filer/USAddress/CityNm0REDONDO BEACH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090278
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0464595627
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Lia Lee CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05818 OCEAN VIEW BLVD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LA CANADA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd091011
ReturnHeader/PreparerPersonGrp/PhoneNum08186364206
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Lia N Lee
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-10-06T13:19:47-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JONATHAN

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$532,401
Liabilities
$145,341
Net assets
$387,060
Revenue
$2,410,149
Expenses
$2,766,772
Net income
-$356,623
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.71$0.32$1.39$3.55$3.64$0.09
2024Detailed filing. Detailed filing data is available for this year.$1.68$0.19$1.48$3.66$3.37$0.28
2023Detailed filing. Detailed filing data is available for this year.$1.39$0.19$1.20$3.41$2.84$0.57
2022Detailed filing. Detailed filing data is available for this year.$0.78$0.15$0.63$3.20$2.96$0.24
2021Detailed filing. Detailed filing data is available for this year.$0.53$0.15$0.39$2.41$2.77$0.36
2020Detailed filing. Detailed filing data is available for this year.$0.88$0.48$0.40$2.80$2.80$0.00
2019Detailed filing. Detailed filing data is available for this year.$0.54$0.14$0.39$2.80$2.87$0.07
2018Detailed filing. Detailed filing data is available for this year.$0.52$0.22$0.30$2.55$2.58$0.03
2017Detailed filing. Detailed filing data is available for this year.$0.52$0.09$0.42$2.70$2.40$0.30
2016Detailed filing. Detailed filing data is available for this year.$0.37$0.24$0.13$2.05$1.94$0.11
2015Detailed filing. Detailed filing data is available for this year.$0.16$0.12$0.04$1.82$1.94$0.12
2014Summary only. Only limited summary data is available for this year.$0.24$0.08$0.16$1.82$1.75$0.07
2013Summary only. Only limited summary data is available for this year.$0.21$0.13$0.09$1.59$1.55$0.04