Civic Intelligence

Prince of Peace Christian School

EIN 46-1465617 • 501(c)3 • Carrollton, TX

Profile

Prince of peace christian school (popcs) is a private, non-profit accredited educational institution serving children and families from ages six weeks through 12th grade. Throug its christ-centered educational environment, popcs equips students academically, physically, emotionally and spiritually to live as disciples and leaders for business and service in the 21st century.

4004 Midway RoadCarrollton, TX 75007

www.popcs.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

66th percentile

0.39x

Higher debt load relative to assets than 66% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2025

Liabilities / Revenue

71st percentile

0.67x

Higher debt load relative to revenue than 71% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2025

Net Margin

52nd percentile

5.2%

Higher net margin than 52% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2025

Top Officer Pay

37th percentile

$214,585

Higher top officer pay than 37% of similar nonprofits.

Top officer pay equals 1.1% of source-year revenue.

501(c)3 • $25M-$50M nonprofits • Source year 2025

Asset Growth

39th percentile

2.2%

Faster asset growth than 39% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2024 to 2025

Revenue Growth

68th percentile

18%

Faster revenue growth than 68% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets66th percentile

Assets

Up

$33,830,808

Up $718,628 (+2.2%) from 2024

Liabilities

Up

$13,158,101

Up $478,408 (+3.8%) from 2024

Net Assets

Up

$20,672,707

Up $240,220 (+1.2%) from 2024

Operations
Liabilities / Revenue71st percentileNet Margin52nd percentile

Revenue

Up

$19,684,774

Up $2,944,549 (+18%) from 2024

Expenses

Up

$18,670,155

Up $2,146,265 (+13%) from 2024

Net Income

Up

$1,014,619

Up $798,284 (+369%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth39th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$40M$30M$20M$10M$0Assets 2015: $32,020,390Liabilities 2015: $20,589,522Net Assets 2015: $11,430,8682015Assets 2016: $32,801,940Liabilities 2016: $20,114,366Net Assets 2016: $12,687,5742016Assets 2017: $32,913,017Liabilities 2017: $19,813,584Net Assets 2017: $13,099,4332017Assets 2018: $32,550,002Liabilities 2018: $18,959,148Net Assets 2018: $13,590,8542018Assets 2019: $31,336,425Liabilities 2019: $17,410,849Net Assets 2019: $13,925,5762019Assets 2020: $30,547,546Liabilities 2020: $17,713,582Net Assets 2020: $12,833,9642020Assets 2021: $29,454,416Liabilities 2021: $15,077,479Net Assets 2021: $14,376,9372021Assets 2022: $29,885,681Liabilities 2022: $12,542,195Net Assets 2022: $17,343,4862022Assets 2023: $32,647,348Liabilities 2023: $12,485,717Net Assets 2023: $20,161,6312023Assets 2024: $33,112,180Liabilities 2024: $12,679,693Net Assets 2024: $20,432,4872024Assets 2025: $33,830,808Liabilities 2025: $13,158,101Net Assets 2025: $20,672,7072025

Highlighted filing

2025

Assets$33,830,808
Liabilities$13,158,101
Net Assets$20,672,707
Open 2025 Filing

Operations Trend

Revenue Growth68th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$20M$10M$0-$10MRevenue 2015: $13,141,494Expenses 2015: $11,301,214Net Income 2015: $1,840,2802015Revenue 2016: $14,790,473Expenses 2016: $13,509,223Net Income 2016: $1,281,2502016Revenue 2017: $15,148,668Expenses 2017: $14,748,860Net Income 2017: $399,8082017Revenue 2018: $15,873,765Expenses 2018: $14,988,788Net Income 2018: $884,9772018Revenue 2019: $15,129,299Expenses 2019: $14,812,261Net Income 2019: $317,0382019Revenue 2020: $14,497,540Expenses 2020: $15,774,090Net Income 2020: -$1,276,5502020Revenue 2021: $15,202,213Expenses 2021: $13,773,610Net Income 2021: $1,428,6032021Revenue 2022: $16,473,299Expenses 2022: $13,717,879Net Income 2022: $2,755,4202022Revenue 2023: $18,333,864Expenses 2023: $14,851,095Net Income 2023: $3,482,7692023Revenue 2024: $16,740,225Expenses 2024: $16,523,890Net Income 2024: $216,3352024Revenue 2025: $19,684,774Expenses 2025: $18,670,155Net Income 2025: $1,014,6192025

Highlighted filing

2025

Revenue$19,684,774
Expenses$18,670,155
Net Income$1,014,619
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$33,830,808
Liabilities
$13,158,101
Net assets
$20,672,707
Revenue
$19,684,774
Expenses
$18,670,155
Net income
$1,014,619
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$33.8$13.2$20.7$19.7$18.7$1.01
2024Detailed filing. Detailed filing data is available for this year.$33.1$12.7$20.4$16.7$16.5$0.22
2023Detailed filing. Detailed filing data is available for this year.$32.6$12.5$20.2$18.3$14.9$3.48
2022Detailed filing. Detailed filing data is available for this year.$29.9$12.5$17.3$16.5$13.7$2.76
2021Detailed filing. Detailed filing data is available for this year.$29.5$15.1$14.4$15.2$13.8$1.43
2020Detailed filing. Detailed filing data is available for this year.$30.5$17.7$12.8$14.5$15.8$1.28
2019Detailed filing. Detailed filing data is available for this year.$31.3$17.4$13.9$15.1$14.8$0.32
2018Summary only. Only limited summary data is available for this year.$32.6$19.0$13.6$15.9$15.0$0.88
2017Summary only. Only limited summary data is available for this year.$32.9$19.8$13.1$15.1$14.7$0.40
2016Summary only. Only limited summary data is available for this year.$32.8$20.1$12.7$14.8$13.5$1.28
2015Summary only. Only limited summary data is available for this year.$32.0$20.6$11.4$13.1$11.3$1.84
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jun 1, 2024 to May 31, 2025
Signed
Nov 10, 2025
Return Version
2024v5.2
Gross Receipts
$19,828,101
Mission and Program Overview

Mission

Prince of Peace Christian School (POPCS) is a private, non-profit accredited educational institution serving children and families from ages six weeks through 12th grade. Through its Christ-centered educational environment, POPCS equips students academically, physically, emotionally and spiritually to live as disciples and leaders for business and service in the 21st century.

Prince of peace christian school (popcs) is a private, non-profit accredited educational institution serving children and families from ages six weeks through 12th grade. Throug its christ-centered educational environment, popcs equips students academically, physically, emotionally and spiritually to live as disciples and leaders for business and service in the 21st century.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$23,237,223$22,566,904▼ $670,319
Cash and Non-Interest-Bearing Accounts$6,357,692$8,432,839▲ $2,075,147
Investments Program Related$1,179,484$1,234,004▲ $54,520
Accounts Receivable$858,368$942,692▲ $84,324
Savings and Temporary Cash Investments$1,039,573$263,118▼ $776,455
Prepaid Expenses and Deferred Charges$216,897$245,122▲ $28,225
Inventories for Sale or Use$25,973$20,700▼ $5,273
Total Assets$33,112,180$33,830,808▲ $718,628
Other Assets Total$196,970$125,429▼ $71,541
Liabilities
Mortgage Notes Payable Secured by Investment Property$9,807,601$9,569,709▼ $237,892
Deferred Revenue$1,256,188$1,759,209▲ $503,021
Accounts Payable and Accrued Expenses$948,563$1,098,104▲ $149,541
Other Liabilities$667,341$731,079▲ $63,738
Total Liabilities$12,679,693$13,158,101▲ $478,408
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$19,709,281$19,876,333▲ $167,052
Net Assets With Donor Restrictions$723,206$796,374▲ $73,168
Total Net Assets Fund Balance$20,432,487$20,672,707▲ $240,220
Total Liabilities and Net Assets / Fund Balance$33,112,180$33,830,808▲ $718,628

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$12,922,352$8,306,549$21,228,901
Other Land Buildings$4,587,266$4,292,293$8,879,559
Equipment$2,123,286$5,712,122$7,835,408
Land$2,934,000-$2,934,000
Other Assets Org$-28,039--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2025$1,159,484$25,000▲ $102,853-$1,234,004
2024$1,047,002$40,000▲ $92,482-$1,159,484
2023$1,054,837$20,000▼ $27,835-$1,047,002
2022$1,121,832-▼ $66,995-$1,054,837
2021$1,054,583-▲ $67,249-$1,121,832
Compensation and Service Providers
Top Officer Pay37th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dr Jeremy LoweHead of School, DirectorFT$106,285$108,300$214,585

Board Members and Trustees

NameTitle
Michele ThatcherChairman
Paul KrizanVice Chairman
Allison WhitmerDirector
Anne StauchDirector
Carrie Steingruber BinnsDirector
Dedra DornDirector
Dr Karen LundDirector
James JanschaDirector
Jason JonesDirector
Jessica GremmerDirector
Mike LaneDirector
Monica PritchettDirector
Pastor Micah MillerDirector
Jane SchoenSecretary
Kathryn HardmanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,559,779
Program Service Revenue
$16,581,111
Investment Income
$360,931
Other Revenue
$182,953
All Other Contributions
$2,523,750
Change in Net Assets
$1,014,619

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
Yes

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Miscellaneous3,388$113,960Fair Market Value (FMV)
Other Non Cash Contri Table502$2,272Cost
Total Noncash Contributions3,890$116,232-

Audited Revenue Reconciliation

Revenue per Audited Statements
$19,787,756
Revenue Not Reported on Financial Statements
$-102,982
Revenue Not Reported on Form 990
$-2,259,965
Other Revenue Adjustments
$-116,232
Total Revenue per Audited Statements
$17,527,791
Total Revenue per Form 990
$19,684,774
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$9,642,132
Other Expenses$6,763,742
Grants and Similar Amounts Paid$2,264,281
Total Fundraising Expense$664,760
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$5,886,178$961,066$0$6,847,244
Grants to Domestic Individuals$2,264,281--$2,264,281
Other Employee Benefits$1,419,810$224,475$0$1,644,285
Depreciation Depletion$1,022,418$395,638$0$1,418,056
Occupancy$716,199$260,866$26,682$1,003,747
Current Officers, Directors, Trustees, and Key Employees$629,874$103,176$0$733,050
Fees for Services Other$298,541$197,616$0$496,157
Office Expenses$174,844$260,847$41,366$477,057
Payroll Taxes$368,552$49,001$0$417,553
Other Expenses$379,752$0$12,248$392,000
Interest$270,357$104,618$0$374,975
All Other Expenses$119,883$80,370$141,130$341,383
Travel$86,871$48,997$2,403$138,271
Advertising$3,390$91,125$18,759$113,274
Conferences and Meetings$34,071$23,418$3,720$61,209
Information Technology$0$51,090$0$51,090
Insurance$30,553$7,117$0$37,670
Fees for Services Accounting$0$18,000$0$18,000
Fees for Services Legal$0$17,813$0$17,813
Total Functional Expenses$15,110,162$2,895,233$664,760$18,670,155

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$18,670,155
Expenses per Audited Statements$16,422,240
Total Expenses per Audited Statements$16,422,240
Expenses Not Reported on Financial Statements$2,247,915
Other Expense Adjustments$2,247,915
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$52,395
Fundraising Direct Expenses$16,366
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Faculty Contract$598,957
Compensated Absences$102,702
Operating Expenses$21,410
Operating Lease Liability$8,010
Rounding Adjustment$0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
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
Prince of Peace Christian School
EIN
46-1465617
Phone
9724470532
Address
4004 MIDWAY ROAD, CARROLLTON, TX 75007

Signing Officer

Name
Jeremy Lowe
Title
Head of School
Phone
9724470532
Signed
2025-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeremy Lowe
Formed
2012
Legal Domicile
TX
Voting Board Members
16
Independent Board Members
16
Employees
246
Volunteers
714

Preparer

Firm
Isham & Ramirez PLLC
Address
751 E Southlake Blvd Suite 111, Southlake, TX 76092
Preparer
Esmeralda Ramirez-Macareno
Phone
8178073916
Supplemental Narrative

Additional Explanations

Other

“Part i, line 16(b):hold annual campaign.”

Pt VI, Line 2

“Jeremy lowe, is head of school.zachary lowe is a part-time summer employee and son to jeremy lowe. Zachary does not report directly to head of school.”

Pt VI, Line 11B

“Form 990 is prepared by an independent cpa firm who provides the form to the organization for review. The executive committee of the board, along with the cfo, each review the form 990 copy prior to submittal. Upon receiving approval, the cpa firm processes the return for signature and electronically files it with the internal revenue service.”

Pt VI, Line 12C

“The school has a conflict of interest policy that protects the schools interest when entering into transactions with officers or directors of the organization. The policy covers any director, officer, or member of a committee with governing board-delegated powers, who has a direct or indirect financial interest. Individuals covered by the policy must disclose any actual or potential conflict of interest during a board meeting. After disclosure, the interested person shall leave the board or committee meeting while the financial interest is discussed and voted upon. The remaining board members shall decide if a conflict of interest exists.”

Pt VI, Line 15A

“Compensation for the organizations officers and key employees is determined after considering the compensation levels for each respective position with other private christian schools in the dallas area and approved by the board of directors.”

Pt VI, Line 15B

“Compensation for the organizations officers and key employees is determined after considering the compensation levels for each respective position with other private christian schools in the dallas area and approved by the board of directors.”

Pt VI, Line 19

“The schools governing documents, conflict of interest policy, and financial statements are available to the public upon request at the schools business office during regular school hours.”

Pt XI

“Line 9: SCHOLARSHIP INCOME OF $2,264,280.93 NETTED ON STATEMENT OF ACTIVITIES OF AUDITED FINANCIALS; NON-CASH DONATIONS REPORTED ON SCHEDULE M OF $116,232.”

Financial Statement Notes

Pt X, Line 2

“The school is a nonprofit organization that is exempt from federal income taxes under section 501(c)(3) of the internal revenue code as other than a private foundation, except on net income derived from unrelated business activities. For the year ended may 31, 2025, the school has not conducted unrelated business activities that are material to the financial statements taken as a whole. Accordingly, no provision for income taxes is included in the financial statements. The school believes that is has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements.”

Pt V, Line 4

“The school maintains an endowment fund to accumulate funds for scholarships to students in the school.”

Pt XI, Line 2D

“$2,264,281 in grants and other assistance to domestic individuals reported on page 10 of statement of functional expenses and part iii of schedule i. Miscellaneous income netted on statement of revenue page 9 of $4,316.”

Pt XI, Line 4B

“Noncash contributions of $116,232 reported on page 9 line 1g of the statement of revenue and schedule m.”

Pt XII, Line 4B

“$2,264,281 in grants and other assistance to domestic individuals reported on page 10 of statement of functional expense and part iii of schedule i and $16,366 of direct fundraising expenses reported on page 9 of statement of revenue.”

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

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IRS990/MissionDesc0PRINCE OF PEACE CHRISTIAN SCHOOL (POPCS) IS A PRIVATE, NON-PROFIT ACCREDITED EDUCATIONAL INSTITUTION SERVING CHILDREN AND FAMILIES FROM AGES SIX WEEKS THROUGH 12TH GRADE. THROUG ITS CHRIST-CENTERED EDUCATIONAL ENVIRONMENT, POPCS EQUIPS STUDENTS ACADEMICALLY, PHYSICALLY, EMOTIONALLY AND SPIRITUALLY TO LIVE AS DISCIPLES AND LEADERS FOR BUSINESS AND SERVICE IN THE 21ST CENTURY.
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IRS990/ProgramServiceRevenueGrp/Desc0TUITION & FEES
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IRS990/ProgSrvcAccomActy2Grp/Desc0ATHLETIC & ARTS:POPCS OFFERS 13 INTERSCHOLASTIC SPORTS. OUR FINE ARTS DEPARTMENT INCLUDES DRAMA, MUSICAL THEATRE, TECHNICAL THEATRE, BAND, CHOIR, ART: POTTERY, DIGITAL ART, AND GRAPHIC DESIGN. THROUGH ATHLETICS AND THE ARTS PROGRAMS, POPCS STUDENTS ARE ABLE TO EXPAND AND GROW THEIR PHYSICAL, SOCIAL AND CREATIVE GIFTS THROUGH COMPETITION AND PERFORMANCE. ALSO, THEY HAVE OPPORTUNITIES TO DEVELOP SPECIFIC SKILLS AND DEVELOP LEADERSHIP ABILITIES. OUR ATHLETES ARE ENCOURAGED AND EXPECTED TO PLAY THEIR BEST AND TO SET AN EXAMPLE OF SPORTSMANSHIP BOTH ON AND OFF THE FIELD. THROUGH ART, MUSIC, AND THEATRE PROGRAMS, POPCS ESTABLISHES A LIFELONG APPRECIATION FOR THE ARTS IN ALL STUDENTS, AND OFFERS ARTISTICALLY GIFTED STUDENTS THE OPPORTUNITY TO BECOME HIGHLY TRAINED AND SKILLFUL ARTISTS.
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