Civic Intelligence

Walnut Grove Christian School Inc.

990 • Fiscal year 2020 • EIN 57-1119849

Jul 01, 2019 to Jun 30, 2020 • Filed on Oct 27, 2020

1036 Maxwell Mill RoadFort Mill, SC 29708

(803) 835-2001

Siviq Scores

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

Liabilities / Assets

76th percentile

0.40x

Higher debt load relative to assets than 76% of similar nonprofits.

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

Liabilities / Revenue

75th percentile

0.45x

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

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

Net Margin

48th percentile

4.4%

Higher net margin than 48% of similar nonprofits.

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

Top Officer Pay

68th percentile

$97,257

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 6.9% of source-year revenue.

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

Asset Growth

40th percentile

2.2%

Faster asset growth than 40% of similar nonprofits.

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

Revenue Growth

83rd percentile

36%

Faster revenue growth than 83% of similar nonprofits.

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

Assets

Up

$1,570,557

Up $34,304 (+2.2%) from 2019

Net Assets

Up

$936,244

Up $57,600 (+6.6%) from 2019

Liabilities

Down

$634,313

Down $23,296 (-3.5%) from 2019

Revenue

Up

$1,416,893

Up $372,875 (+36%) from 2019

Expenses

Up

$1,354,939

Up $356,869 (+36%) from 2019

Net Income

Up

$61,954

Up $16,006 (+35%) from 2019

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$0Assets 2011: $150,233Liabilities 2011: $0Net Assets 2011: $150,2332011Assets 2012: $1,743,581Liabilities 2012: $804,561Net Assets 2012: $939,0202012Assets 2013: $1,629,657Liabilities 2013: $794,058Net Assets 2013: $835,5992013Assets 2014: $1,784,311Liabilities 2014: $986,337Net Assets 2014: $797,9742014Assets 2015: $1,855,778Liabilities 2015: $908,506Net Assets 2015: $947,2722015Assets 2016: $1,706,351Liabilities 2016: $818,106Net Assets 2016: $888,2452016Assets 2017: $1,562,241Liabilities 2017: $815,847Net Assets 2017: $746,3942017Assets 2018: $1,504,506Liabilities 2018: $639,322Net Assets 2018: $865,1842018Assets 2019: $1,536,253Liabilities 2019: $657,609Net Assets 2019: $878,6442019Assets 2020: $1,570,557Liabilities 2020: $634,313Net Assets 2020: $936,2442020Assets 2021: $2,747,869Liabilities 2021: $948,723Net Assets 2021: $1,799,1462021Assets 2022: $2,986,537Liabilities 2022: $918,301Net Assets 2022: $2,068,2362022Assets 2023: $3,076,236Liabilities 2023: $850,467Net Assets 2023: $2,225,7692023Assets 2024: $3,000,194Liabilities 2024: $778,731Net Assets 2024: $2,221,4632024

Highlighted filing

2020

Assets$1,570,557
Liabilities$634,313
Net Assets$936,244

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $444,748Expenses 2011: $464,928Net Income 2011: -$20,1802011Expenses 2012: $552,7352012Revenue 2013: $428,413Expenses 2013: $531,834Net Income 2013: -$103,4212013Revenue 2014: $849,326Expenses 2014: $886,951Net Income 2014: -$37,6252014Revenue 2015: $1,217,715Expenses 2015: $1,068,417Net Income 2015: $149,2982015Revenue 2016: $1,076,253Expenses 2016: $1,135,280Net Income 2016: -$59,0272016Revenue 2017: $906,434Expenses 2017: $1,048,285Net Income 2017: -$141,8512017Revenue 2018: $1,068,842Expenses 2018: $950,052Net Income 2018: $118,7902018Revenue 2019: $1,044,018Expenses 2019: $998,070Net Income 2019: $45,9482019Revenue 2020: $1,416,893Expenses 2020: $1,354,939Net Income 2020: $61,9542020Revenue 2021: $2,310,837Expenses 2021: $1,447,935Net Income 2021: $862,9022021Revenue 2022: $2,273,654Expenses 2022: $2,004,564Net Income 2022: $269,0902022Revenue 2023: $2,399,554Expenses 2023: $2,234,550Net Income 2023: $165,0042023Revenue 2024: $2,437,216Expenses 2024: $2,444,230Net Income 2024: -$7,0142024

Highlighted filing

2020

Revenue$1,416,893
Expenses$1,354,939
Net Income$61,954
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Oct 27, 2020
Return Version
2019v5.0
Gross Receipts
$1,416,893
Mission and Program Overview

Mission

K-12 non-profit religious institute

Founded in 2001 on the principle of a small christian learning environment. Our school is a k -12 grade school committed to a low student-teacher ratio in order to maximize individual instruction and attention. (see sch. O)

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,351,565$1,315,944▼ $35,621
Cash and Non-Interest-Bearing Accounts$144,276$215,821▲ $71,545
Savings and Temporary Cash Investments$25,617$24,418▼ $1,199
Accounts Receivable$7,470$7,470→ $0
Intangible Assets$7,325$6,904▼ $421
Total Assets$1,536,253$1,570,557▲ $34,304
Liabilities
Mortgage Notes Payable Secured by Investment Property$657,609$634,313▼ $23,296
Total Liabilities$657,609$634,313▼ $23,296
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$867,644$925,244▲ $57,600
Net Assets With Donor Restrictions$11,000$11,000→ $0
Total Net Assets Fund Balance$878,644$936,244▲ $57,600
Total Liabilities and Net Assets / Fund Balance$1,536,253$1,570,557▲ $34,304

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,088,014$271,307$1,359,321
Land$225,247-$225,247
Equipment$2,683$41,695$44,378
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kyle BoydHeadmasterFT$86,582$10,675$97,257
Mary Jo ShannonTrusteeFT$36,350-$36,350

Board Members and Trustees

NameTitle
John McaruthurPresident
Tommy CratesTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$215,194
Program Service Revenue
$1,196,982
Investment Income
$156
Other Revenue
$4,561
All Other Contributions
$52,902
Change in Net Assets
$61,954
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$714,715
Other Expenses$520,811
Grants and Similar Amounts Paid$119,413
Total Fundraising Expense$45,676
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$555,175$20,007$2,394$577,576
Occupancy$203,650$4,237$846$208,733
Grants to Domestic Individuals$119,413--$119,413
Current Officers, Directors, Trustees, and Key Employees$31,503$43,316$3,938$78,757
Payroll Taxes$46,684$5,246$525$52,455
Information Technology$41,810$7,664$398$49,872
Office Expenses$31,951$4,379$1,462$37,792
Fees for Services Other$1,267$142$36,014$37,423
Depreciation Depletion$35,932--$35,932
All Other Expenses$4,402$10,217$12$14,631
Other Employee Benefits$5,275$593$59$5,927
Other Expenses$320$5,021-$5,341
Advertising$5,253--$5,253
Insurance$4,323$277$28$4,628
Fees for Services Accounting-$1,450-$1,450
Travel$363$318-$681
Total Functional Expenses$1,206,396$102,867$45,676$1,354,939
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
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

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The form 990 is provided to the board for a comment period. Once this period is over, and any questions are addressed, the form 990 is filed.

Form 990, Page 6, Part VI, Line 12C

The conflict of interest policy is certified by each board member annually. The board members are encouraged to update the board of any changes during the year.

Form 990, Page 6, Part VI, Line 15A

As part of the annual budget process, the board reviews, discusses and approves the compensation of the school head.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Walnut Grove Christian School
EIN
57-1119849
Phone
8038352001
Address
1036 MAXWELL MILL ROAD, FORT MILL, SC 29708

Signing Officer

Name
Kyle Boyd
Title
Headmaster
Phone
8038352001
Signed
2020-10-27

Organization Details

Principal Officer
Kyle Boyd
Formed
2003
Legal Domicile
Sc
Voting Board Members
4
Independent Board Members
3
Employees
28
Volunteers
30

Preparer

Firm
Glaser and Company LLC
Address
149 E BAY ST SUITE 200, CHARLESTON, SC 29401-3134
Preparer
Erik M Glaser CPA
Phone
8438490179
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

We are a k-12 christian school founded under the following (4) pillars: academics: we provide an amazing accredited academic program utilizing 100% certified teachers. Schedule: we provide our students and their families an opportunity on fridays to invest themselves in activities in which they are passionate. Faith: we provide an unapologetic, uncompromising christ centered approach to education. Relationships: we develop lasting relationships between the students, teachers, staff and parents through intentional communication.

Form 990

Page 1, part 1, line 1 (continued) no more than 13 students per class in elementary and no more than 15 in middle and high school. What we believe: we believe that the bible alone, in its autographs, is the verbal, and only infallible, authoritative word of god, and that it is the only fit, final rule in all matters of both faith and practice. We believe that there is only one god, eternally existent in three persons: father, son and holy spirit. We believe in the deity of our lord jesus christ, his virgin birth and his sinless life, his miracles, his vicarious atonement through his shed blood, his bodily resurrection, his ascension to the right hand of the father, and his personal return in the power and glory. We believe in the present ministry of the holy spirit, by whose indwelling the christian is enabled to live a godly life. We believe that for the salvation of lost or sinful men, regeneration of the holy spirit is absolutely essential. We believe in the resurrection of life for true believers and that they who are lost will be raised unto the resurrection of damnation. We believe in the resurrection of all men, both saved and lost. We believe in the spiritual unity of believers in our lord jesus christ.

Form 990, Part III

Page 2, part iii, line 4a - program services (continued) socially and spiritually, for the growth of god's kingdom, is the goal of wgcs teachers and administrators. Wgcs is accredited by: south carolina association of christian schools (scacs) national council for private schools accreditation (ncpsa) our students' standardized test scores average 1.5 grade levels higher than the national average. Athletics 75% of students 6th-12th grades play sports at wgcs the goal of wgcs athletics is to encourage students to grow spiritually and develop athletically as they learn life lessons through wgcs sports. Our history in 2001 wgcs started out in a small rented facility in fort mill, sc and made a move in 2005 to a new location in charlotte, nc. Lakeview church rented half of their building to wgcs for 7 years. Although this was an ideal location and facility, wgcs always hoped and prayed for a building back in south carolina. The goal was to keep the school in alignment with its original accreditation and roots. There were at least 20 different locations considered during this time but each time the door would shut for various reasons. In 2008, a financial crisis almost shut the school down, but with the hand of god and with the generosity of the wgcs staff, families & friends, wgcs made it through the trial with more wisdom and stability than ever before. As god provided for every need for the school, he taught the founders, school board and staff to lean on him as he built back the school one lesson at a time. God was equipping wgcs to accomplish his mission and preparing wgcs to receive his blessing. New facility in the spring of 2011, after a school board meeting, god placed on the heart of one of the wgcs board members to look up, on-line, one of the old buildings that the school had once considered for a new location. As god would have it, the building was going up for foreclosure auction the following day. The board member, her husband and another wgcs board member attended the auction. They arrived an hour before bidding was to start to tour the building along with other interested buyers. The trio ran into two men, an investor and his advisor, and started a friendly conversation about the history of the building and walnut groves interest in the building. The friendly investor ended up purchasing the building and the board members made it a point to introduce the gentlemen to walnut groves principal and co-founder, kyle boyd. The board member had urged mr. Boyd to attend the auction but he decided at the last minute to drive over to the building and arrived just as the auction started. Mr. Boyd was told by the new owner that his advisor had also encouraged him to attend the auction, and he too felt led to come to the auction at the last minute. Over many months, the investor and his advisor met with the school board to try to figure a way for walnut grove to make this building their new home. The school board, at one point, felt there were too many unknowns in the expense of owning and renovating such a building and reluctantly walked away from the opportunity. The spirit-filled investor knew that god had provided all things for him in his life, and he wanted to help the school just as god had helped him. So this mountain, that many thought couldn't be moved, was moved by god through the faith and the obedience of a man with a heart for christ. If walnut grove would have held onto any of the other buildings that they had considered over the prior 10 years and tried to make them work, then the school would have missed out on the biggest blessing from god. Wgcs is grateful to this investor for allowing god to work through him, by making this building affordable for the school and working in the parameters that fit for such a small school. Even after the building deal was finalized, a separate anonymous donor purchased an additional acre of land, adjacent to the building, and donated it to wgcs so that the entire property area

Form 990, Part XI, Line 9

Prior period adjustment - gaap 0

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IRS990/MissionDesc0WE ARE A K-12 CHRISTIAN SCHOOL FOUNDED UNDER THE FOLLOWING (4) PILLARS: ACADEMICS: WE PROVIDE AN AMAZING ACCREDITED ACADEMIC PROGRAM UTILIZING 100% CERTIFIED TEACHERS. SCHEDULE: WE PROVIDE OUR STUDENTS AND THEIR FAMILIES AN OPPORTUNITY ON FRIDAYS TO INVEST THEMSELVES IN ACTIVITIES IN WHICH THEY ARE PASSIONATE. FAITH: WE PROVIDE AN UNAPOLOGETIC, UNCOMPROMISING CHRIST CENTERED APPROACH TO EDUCATION. RELATIONSHIPS: WE DEVELOP LASTING RELATIONSHIPS BETWEEN THE STUDENTS, TEACHERS, STAFF AND PARENTS THROUGH INTENTIONAL COMMUNICATION.
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IRS990/OtherExpensesGrp/Desc1STUDENT ACTIVITIES
IRS990/OtherExpensesGrp/Desc2ATHLETIC SUPPLIES
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IRS990/ProgramServiceRevenueGrp/Desc0TUITION REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1INSTRUCTIONAL FEES
IRS990/ProgramServiceRevenueGrp/Desc2ATHLETIC FEES
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IRS990/ProgramServiceRevenueGrp/Desc4SPRING DANCE FEES
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IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0NOTICE OF NONDISCRIMINATORY POLICY AS TO STUDENTS WALNUT GROVE CHRISTIAN SCHOOL ADMITS STUDENTS OF ANY RACE, COLOR, NATIONAL OR ETHNIC ORIGIN TO ALL THE RIGHTS, PRIVILEGES, PROGRAMS, ACTIVITIES GENERALLY ACCORDED OR MADE AVAILABLE TO STUDENTS THE SCHOOL. IT DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, NATIONAL AND ETHNIC ORIGIN IN ADMINISTRATION OF THE EDUCATIONAL ADMISSION POLICIES, FINANCIAL AID, PROGRAM, ATHLETIC OF SCHOOL ADMINISTERED PROGRAMS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0119413
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0TUITION
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL PROVIDES SCHOLARSHIPS TO QUALIFYING STUDENTS IN ACCORDANCE WITH A MERIT BASED EVALUATION SYSTEM.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990/ScheduleJRequiredInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0WE ARE A K-12 CHRISTIAN SCHOOL FOUNDED UNDER THE FOLLOWING (4) PILLARS: ACADEMICS: WE PROVIDE AN AMAZING ACCREDITED ACADEMIC PROGRAM UTILIZING 100% CERTIFIED TEACHERS. SCHEDULE: WE PROVIDE OUR STUDENTS AND THEIR FAMILIES AN OPPORTUNITY ON FRIDAYS TO INVEST THEMSELVES IN ACTIVITIES IN WHICH THEY ARE PASSIONATE. FAITH: WE PROVIDE AN UNAPOLOGETIC, UNCOMPROMISING CHRIST CENTERED APPROACH TO EDUCATION. RELATIONSHIPS: WE DEVELOP LASTING RELATIONSHIPS BETWEEN THE STUDENTS, TEACHERS, STAFF AND PARENTS THROUGH INTENTIONAL COMMUNICATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PAGE 1, PART 1, LINE 1 (CONTINUED) NO MORE THAN 13 STUDENTS PER CLASS IN ELEMENTARY AND NO MORE THAN 15 IN MIDDLE AND HIGH SCHOOL. WHAT WE BELIEVE: WE BELIEVE THAT THE BIBLE ALONE, IN ITS AUTOGRAPHS, IS THE VERBAL, AND ONLY INFALLIBLE, AUTHORITATIVE WORD OF GOD, AND THAT IT IS THE ONLY FIT, FINAL RULE IN ALL MATTERS OF BOTH FAITH AND PRACTICE. WE BELIEVE THAT THERE IS ONLY ONE GOD, ETERNALLY EXISTENT IN THREE PERSONS: FATHER, SON AND HOLY SPIRIT. WE BELIEVE IN THE DEITY OF OUR LORD JESUS CHRIST, HIS VIRGIN BIRTH AND HIS SINLESS LIFE, HIS MIRACLES, HIS VICARIOUS ATONEMENT THROUGH HIS SHED BLOOD, HIS BODILY RESURRECTION, HIS ASCENSION TO THE RIGHT HAND OF THE FATHER, AND HIS PERSONAL RETURN IN THE POWER AND GLORY. WE BELIEVE IN THE PRESENT MINISTRY OF THE HOLY SPIRIT, BY WHOSE INDWELLING THE CHRISTIAN IS ENABLED TO LIVE A GODLY LIFE. WE BELIEVE THAT FOR THE SALVATION OF LOST OR SINFUL MEN, REGENERATION OF THE HOLY SPIRIT IS ABSOLUTELY ESSENTIAL. WE BELIEVE IN THE RESURRECTION OF LIFE FOR TRUE BELIEVERS AND THAT THEY WHO ARE LOST WILL BE RAISED UNTO THE RESURRECTION OF DAMNATION. WE BELIEVE IN THE RESURRECTION OF ALL MEN, BOTH SAVED AND LOST. WE BELIEVE IN THE SPIRITUAL UNITY OF BELIEVERS IN OUR LORD JESUS CHRIST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PAGE 2, PART III, LINE 4A - PROGRAM SERVICES (CONTINUED) SOCIALLY AND SPIRITUALLY, FOR THE GROWTH OF GOD'S KINGDOM, IS THE GOAL OF WGCS TEACHERS AND ADMINISTRATORS. WGCS IS ACCREDITED BY: SOUTH CAROLINA ASSOCIATION OF CHRISTIAN SCHOOLS (SCACS) NATIONAL COUNCIL FOR PRIVATE SCHOOLS ACCREDITATION (NCPSA) OUR STUDENTS' STANDARDIZED TEST SCORES AVERAGE 1.5 GRADE LEVELS HIGHER THAN THE NATIONAL AVERAGE. ATHLETICS 75% OF STUDENTS 6TH-12TH GRADES PLAY SPORTS AT WGCS THE GOAL OF WGCS ATHLETICS IS TO ENCOURAGE STUDENTS TO GROW SPIRITUALLY AND DEVELOP ATHLETICALLY AS THEY LEARN LIFE LESSONS THROUGH WGCS SPORTS. OUR HISTORY IN 2001 WGCS STARTED OUT IN A SMALL RENTED FACILITY IN FORT MILL, SC AND MADE A MOVE IN 2005 TO A NEW LOCATION IN CHARLOTTE, NC. LAKEVIEW CHURCH RENTED HALF OF THEIR BUILDING TO WGCS FOR 7 YEARS. ALTHOUGH THIS WAS AN IDEAL LOCATION AND FACILITY, WGCS ALWAYS HOPED AND PRAYED FOR A BUILDING BACK IN SOUTH CAROLINA. THE GOAL WAS TO KEEP THE SCHOOL IN ALIGNMENT WITH ITS ORIGINAL ACCREDITATION AND ROOTS. THERE WERE AT LEAST 20 DIFFERENT LOCATIONS CONSIDERED DURING THIS TIME BUT EACH TIME THE DOOR WOULD SHUT FOR VARIOUS REASONS. IN 2008, A FINANCIAL CRISIS ALMOST SHUT THE SCHOOL DOWN, BUT WITH THE HAND OF GOD AND WITH THE GENEROSITY OF THE WGCS STAFF, FAMILIES & FRIENDS, WGCS MADE IT THROUGH THE TRIAL WITH MORE WISDOM AND STABILITY THAN EVER BEFORE. AS GOD PROVIDED FOR EVERY NEED FOR THE SCHOOL, HE TAUGHT THE FOUNDERS, SCHOOL BOARD AND STAFF TO LEAN ON HIM AS HE BUILT BACK THE SCHOOL ONE LESSON AT A TIME. GOD WAS EQUIPPING WGCS TO ACCOMPLISH HIS MISSION AND PREPARING WGCS TO RECEIVE HIS BLESSING. NEW FACILITY IN THE SPRING OF 2011, AFTER A SCHOOL BOARD MEETING, GOD PLACED ON THE HEART OF ONE OF THE WGCS BOARD MEMBERS TO LOOK UP, ON-LINE, ONE OF THE OLD BUILDINGS THAT THE SCHOOL HAD ONCE CONSIDERED FOR A NEW LOCATION. AS GOD WOULD HAVE IT, THE BUILDING WAS GOING UP FOR FORECLOSURE AUCTION THE FOLLOWING DAY. THE BOARD MEMBER, HER HUSBAND AND ANOTHER WGCS BOARD MEMBER ATTENDED THE AUCTION. THEY ARRIVED AN HOUR BEFORE BIDDING WAS TO START TO TOUR THE BUILDING ALONG WITH OTHER INTERESTED BUYERS. THE TRIO RAN INTO TWO MEN, AN INVESTOR AND HIS ADVISOR, AND STARTED A FRIENDLY CONVERSATION ABOUT THE HISTORY OF THE BUILDING AND WALNUT GROVES INTEREST IN THE BUILDING. THE FRIENDLY INVESTOR ENDED UP PURCHASING THE BUILDING AND THE BOARD MEMBERS MADE IT A POINT TO INTRODUCE THE GENTLEMEN TO WALNUT GROVES PRINCIPAL AND CO-FOUNDER, KYLE BOYD. THE BOARD MEMBER HAD URGED MR. BOYD TO ATTEND THE AUCTION BUT HE DECIDED AT THE LAST MINUTE TO DRIVE OVER TO THE BUILDING AND ARRIVED JUST AS THE AUCTION STARTED. MR. BOYD WAS TOLD BY THE NEW OWNER THAT HIS ADVISOR HAD ALSO ENCOURAGED HIM TO ATTEND THE AUCTION, AND HE TOO FELT LED TO COME TO THE AUCTION AT THE LAST MINUTE. OVER MANY MONTHS, THE INVESTOR AND HIS ADVISOR MET WITH THE SCHOOL BOARD TO TRY TO FIGURE A WAY FOR WALNUT GROVE TO MAKE THIS BUILDING THEIR NEW HOME. THE SCHOOL BOARD, AT ONE POINT, FELT THERE WERE TOO MANY UNKNOWNS IN THE EXPENSE OF OWNING AND RENOVATING SUCH A BUILDING AND RELUCTANTLY WALKED AWAY FROM THE OPPORTUNITY. THE SPIRIT-FILLED INVESTOR KNEW THAT GOD HAD PROVIDED ALL THINGS FOR HIM IN HIS LIFE, AND HE WANTED TO HELP THE SCHOOL JUST AS GOD HAD HELPED HIM. SO THIS MOUNTAIN, THAT MANY THOUGHT COULDN'T BE MOVED, WAS MOVED BY GOD THROUGH THE FAITH AND THE OBEDIENCE OF A MAN WITH A HEART FOR CHRIST. IF WALNUT GROVE WOULD HAVE HELD ONTO ANY OF THE OTHER BUILDINGS THAT THEY HAD CONSIDERED OVER THE PRIOR 10 YEARS AND TRIED TO MAKE THEM WORK, THEN THE SCHOOL WOULD HAVE MISSED OUT ON THE BIGGEST BLESSING FROM GOD. WGCS IS GRATEFUL TO THIS INVESTOR FOR ALLOWING GOD TO WORK THROUGH HIM, BY MAKING THIS BUILDING AFFORDABLE FOR THE SCHOOL AND WORKING IN THE PARAMETERS THAT FIT FOR SUCH A SMALL SCHOOL. EVEN AFTER THE BUILDING DEAL WAS FINALIZED, A SEPARATE ANONYMOUS DONOR PURCHASED AN ADDITIONAL ACRE OF LAND, ADJACENT TO THE BUILDING, AND DONATED IT TO WGCS SO THAT THE ENTIRE PROPERTY AREA
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 IS PROVIDED TO THE BOARD FOR A COMMENT PERIOD. ONCE THIS PERIOD IS OVER, AND ANY QUESTIONS ARE ADDRESSED, THE FORM 990 IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE CONFLICT OF INTEREST POLICY IS CERTIFIED BY EACH BOARD MEMBER ANNUALLY. THE BOARD MEMBERS ARE ENCOURAGED TO UPDATE THE BOARD OF ANY CHANGES DURING THE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5AS PART OF THE ANNUAL BUDGET PROCESS, THE BOARD REVIEWS, DISCUSSES AND APPROVES THE COMPENSATION OF THE SCHOOL HEAD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7PRIOR PERIOD ADJUSTMENT - GAAP 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 9
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IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/PersonNm0KYLE BOYD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0HEADMASTER
ReturnHeader/BusinessOfficerGrp/PhoneNum08038352001
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-10-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WALNUT GROVE CHRISTIAN SCHOOL
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ReturnHeader/Filer/EIN0571119849
ReturnHeader/Filer/PhoneNum08038352001
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ReturnHeader/Filer/USAddress/StateAbbreviationCd0SC
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Summary only. Only limited summary data is available for this year.$3.00$0.78$2.22$2.44$2.44$0.01
2023Summary only. Only limited summary data is available for this year.$3.08$0.85$2.23$2.40$2.23$0.17
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.99$0.92$2.07$2.27$2.00$0.27
2021Summary only. Only limited summary data is available for this year.$2.75$0.95$1.80$2.31$1.45$0.86
2020Detailed filing. Detailed filing data is available for this year.$1.57$0.63$0.94$1.42$1.35$0.06
2019Summary only. Only limited summary data is available for this year.$1.54$0.66$0.88$1.04$1.00$0.05
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.50$0.64$0.87$1.07$0.95$0.12
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.56$0.82$0.75$0.91$1.05$0.14
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.71$0.82$0.89$1.08$1.14$0.06
2015Summary only. Only limited summary data is available for this year.$1.86$0.91$0.95$1.22$1.07$0.15
2014Detailed filing. Detailed filing data is available for this year.$1.78$0.99$0.80$0.85$0.89$0.04
2013Summary only. Only limited summary data is available for this year.$1.63$0.79$0.84$0.43$0.53$0.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.74$0.80$0.94$0.55
2011Summary only. Only limited summary data is available for this year.$0.15$0.00$0.15$0.44$0.46$0.02