Civic Intelligence

Christian Educators Inc.

990 • Fiscal year 2020 • EIN 61-1250336

Jul 01, 2019 to Jun 30, 2020 • Filed on Mar 19, 2021

8349 Eagle Way BypassHopkinsville, KY 42240

(270) 885-2417

Siviq Scores

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

Liabilities / Assets

70th percentile

0.29x

Higher debt load relative to assets than 70% of similar nonprofits.

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

Liabilities / Revenue

67th percentile

0.28x

Higher debt load relative to revenue than 67% of similar nonprofits.

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

Net Margin

17th percentile

-17%

Higher net margin than 17% of similar nonprofits.

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

Top Officer Pay

49th percentile

$58,506

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 2.3% of source-year revenue.

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

Asset Growth

8th percentile

-12%

Faster asset growth than 8% of similar nonprofits.

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

Revenue Growth

23rd percentile

-20%

Faster revenue growth than 23% of similar nonprofits.

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

Assets

Down

$2,393,627

Down $314,701 (-12%) from 2019

Net Assets

Down

$1,706,941

Down $531,871 (-24%) from 2019

Liabilities

Up

$686,686

Up $217,170 (+46%) from 2019

Revenue

Down

$2,489,647

Down $612,208 (-20%) from 2019

Expenses

Down

$2,907,275

Down $429,014 (-13%) from 2019

Net Income

Down

-$417,628

Down $183,194 (-78%) 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: $3,348,165Liabilities 2011: $893,151Net Assets 2011: $2,455,0142011Assets 2012: $3,361,905Liabilities 2012: $865,015Net Assets 2012: $2,496,8902012Assets 2013: $3,272,680Liabilities 2013: $799,671Net Assets 2013: $2,473,0092013Assets 2014: $3,261,302Liabilities 2014: $751,856Net Assets 2014: $2,509,4462014Assets 2015: $3,206,833Liabilities 2015: $706,849Net Assets 2015: $2,499,9842015Assets 2016: $3,190,326Liabilities 2016: $712,055Net Assets 2016: $2,478,2712016Assets 2017: $3,097,415Liabilities 2017: $903,792Net Assets 2017: $2,193,6232017Assets 2018: $3,031,127Liabilities 2018: $557,881Net Assets 2018: $2,473,2462018Assets 2019: $2,708,328Liabilities 2019: $469,516Net Assets 2019: $2,238,8122019Assets 2020: $2,393,627Liabilities 2020: $686,686Net Assets 2020: $1,706,9412020Assets 2021: $2,300,045Liabilities 2021: $588,558Net Assets 2021: $1,711,4872021Assets 2022: $3,445,122Liabilities 2022: $432,331Net Assets 2022: $3,012,7912022Assets 2023: $3,556,496Liabilities 2023: $371,515Net Assets 2023: $3,184,9812023Assets 2024: $3,740,991Liabilities 2024: $447,181Net Assets 2024: $3,293,8102024

Highlighted filing

2020

Assets$2,393,627
Liabilities$686,686
Net Assets$1,706,941

Operations Trend

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

$4.0M$2.0M$0-$2.0MExpenses 2011: $2,260,2262011Expenses 2012: $2,375,1652012Expenses 2013: $2,496,4672013Revenue 2014: $2,514,831Expenses 2014: $2,478,394Net Income 2014: $36,4372014Revenue 2015: $2,577,311Expenses 2015: $2,586,773Net Income 2015: -$9,4622015Revenue 2016: $2,725,376Expenses 2016: $2,747,087Net Income 2016: -$21,7112016Revenue 2017: $2,503,286Expenses 2017: $2,787,931Net Income 2017: -$284,6452017Revenue 2018: $3,053,854Expenses 2018: $3,120,280Net Income 2018: -$66,4262018Revenue 2019: $3,101,855Expenses 2019: $3,336,289Net Income 2019: -$234,4342019Revenue 2020: $2,489,647Expenses 2020: $2,907,275Net Income 2020: -$417,6282020Revenue 2021: $182,960Expenses 2021: $154,794Net Income 2021: $28,1662021Revenue 2022: $3,408,497Expenses 2022: $3,093,154Net Income 2022: $315,3432022Revenue 2023: $3,381,859Expenses 2023: $3,209,669Net Income 2023: $172,1902023Revenue 2024: $3,649,256Expenses 2024: $3,540,426Net Income 2024: $108,8302024

Highlighted filing

2020

Revenue$2,489,647
Expenses$2,907,275
Net Income-$417,628
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Mar 19, 2021
Return Version
2019v5.2
Gross Receipts
$2,544,289
Mission and Program Overview

Mission

To provide academic excellence based on biblical principles, while enhancing the christ-centered family and strengthening the local churches. We are committed to equip each student intellectually, socially, physically and spiritually, and to educate caring, contributing members of the body of christ and society.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,316,000$2,171,882▼ $144,118
Cash and Non-Interest-Bearing Accounts$99,191$152,613▲ $53,422
Savings and Temporary Cash Investments$146,705$69,132▼ $77,573
Total Assets$2,561,896$2,393,627▼ $168,269
Liabilities
Other Liabilities$150,156$531,615▲ $381,459
Deferred Revenue$208,249$137,477▼ $70,772
Mortgage Notes Payable Secured by Investment Property$61,328--
Accounts Payable and Accrued Expenses$17,594$17,594→ $0
Total Liabilities$437,327$686,686▲ $249,359
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,122,015$1,704,387▼ $417,628
Net Assets With Donor Restrictions$2,554$2,554→ $0
Total Net Assets Fund Balance$2,124,569$1,706,941▼ $417,628
Total Liabilities and Net Assets / Fund Balance$2,561,896$2,393,627▼ $168,269

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,806,037$1,445,990$3,252,027
Equipment$49,470$492,474$541,944
Leasehold Improvements$106,968$209,296$316,264
Land$200,810-$200,810
Other Land Buildings$8,597$67,795$76,392
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Linda GarrisHeadmasterFT$58,506$58,506

Board Members and Trustees

NameTitle
Rick BolingChairman
Alisha SuttonDirector
Carolyn FarthingDirector
Cory PittsDirector
Jason BottomsDirector
Jeremy MartinDirector
Jill WiggletonDirector
Tim MorganDirector
Tina MullinsDirector
Michael VenableDiirector
Anna GentryTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$11,751
Program Service Revenue
$2,412,214
Investment Income
$0
Other Revenue
$65,682
All Other Contributions
$11,751
Change in Net Assets
$-417,628
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,808,581
Other Expenses$1,098,694
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,357,783$361,645-$1,719,428
Occupancy$467$240,669-$241,136
Depreciation Depletion-$144,928-$144,928
Travel$116,731$2,268-$118,999
Payroll Taxes$64,176$35,006-$99,182
Fees for Services Other$29,984$620-$30,604
Insurance-$29,193-$29,193
Office Expenses-$28,482-$28,482
Other Expenses$30,172$-4,032-$26,140
All Other Expenses-$8,539-$8,539
Advertising-$8,327-$8,327
Interest-$626-$626
Pension Plan Contributions$-15,726$5,697-$-10,029
Total Functional Expenses$1,923,085$984,190$0$2,907,275
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$97,404
Fundraising Direct Expenses$54,642
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
General Fundraising$97,404$97,404$54,642$42,762
Total Events$97,404$97,404$54,642$42,762
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Ppp Loan$377,930
Accrued Expenses$141,711
Other Payables$11,974
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Headmaster reviewed return prior to filing

Form 990, Part VI, Section C, Line 19

Made available upon request

Filing and Contact Details

Filer

Filer Name
Christian Educators Inc
EIN
61-1250336
Phone
2708852417
Address
8349 EAGLE WAY BYPASS, HOPKINSVILLE, KY 42240
Doing Business As
Heritage Christian Academy

Signing Officer

Name
Linda Garris
Title
Headmaster
Phone
2708852417
Signed
2021-03-19

Organization Details

Principal Officer
Linda Garris
Formed
1993
Legal Domicile
Ky
Voting Board Members
9
Independent Board Members
9
Employees
123
Volunteers
0

Preparer

Firm
Calhoun & Company Pllc
Address
4537 FT CAMPBELL BLVD SUITE 101, HOPKINSVILLE, KY 42240
Preparer
Jaime Petersen
Phone
2708860880
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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt022920
IRS990/OtherRevenueTotalAmt022920
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0361645
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01357783
IRS990/OtherSalariesAndWagesGrp/TotalAmt01719428
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt035006
IRS990/PayrollTaxesGrp/ProgramServicesAmt064176
IRS990/PayrollTaxesGrp/TotalAmt099182
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt05697
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0-15726
IRS990/PensionPlanContributionsGrp/TotalAmt0-10029
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0LINDA GARRIS
IRS990/ProfessionalFundraisingInd01
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/Desc0TUITION & FEES
IRS990/ProgramServiceRevenueGrp/Desc1EDUCATION & SUPPORT SE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02252588
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1159626
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02252588
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1159626
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0251200
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt01652909
IRS990/PYOtherRevenueAmt0-53216
IRS990/PYProgramServiceRevenueAmt03130117
IRS990/PYRevenuesLessExpensesAmt0-348679
IRS990/PYSalariesCompEmpBnftPaidAmt02023871
IRS990/PYTotalExpensesAmt03676780
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03328101
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-417628
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02435134
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0146705
IRS990/SavingsAndTempCashInvstGrp/EOYAmt069132
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01806037
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01445990
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03252027
IRS990ScheduleD/EquipmentGrp/BookValueAmt049470
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0492474
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0541944
IRS990ScheduleD/LandGrp/BookValueAmt0200810
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0200810
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0106968
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0209296
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0316264
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt08597
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt067795
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt076392
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0141711
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt111974
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2377930
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED EXPENSES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1OTHER PAYABLES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2PPP LOAN
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02171882
IRS990ScheduleD/TotalLiabilityAmt0531615
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleG/AgrmtProfFundraisingActyInd00
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt054642
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GENERAL FUNDRAISING
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt097404
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt097404
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt097404
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt097404
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt042762
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt054642
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt054642
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0HEADMASTER REVIEWED RETURN PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MADE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02561896
IRS990/TotalAssetsEOYAmt02393627
IRS990/TotalAssetsGrp/BOYAmt02561896
IRS990/TotalAssetsGrp/EOYAmt02393627
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt011751
IRS990/TotalEmployeeCnt0123
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0984190
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01923085
IRS990/TotalFunctionalExpensesGrp/TotalAmt02907275
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0437327
IRS990/TotalLiabilitiesEOYAmt0686686
IRS990/TotalLiabilitiesGrp/BOYAmt0437327
IRS990/TotalLiabilitiesGrp/EOYAmt0686686
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02124569
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01706941
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01923085
IRS990/TotalProgramServiceRevenueAmt02412214
IRS990/TotalReportableCompFromOrgAmt058506
IRS990/TotalRevenueGrp/ExclusionAmt042762
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02435134
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02489647
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02561896
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02393627
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt02268
IRS990/TravelGrp/ProgramServicesAmt0116731
IRS990/TravelGrp/TotalAmt0118999
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt08349 EAGLE WAY BYPASS
IRS990/USAddress/CityNm0HOPKINSVILLE

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.74$0.45$3.29$3.65$3.54$0.11
2023Detailed filing. Detailed filing data is available for this year.$3.56$0.37$3.18$3.38$3.21$0.17
2022Detailed filing. Detailed filing data is available for this year.$3.45$0.43$3.01$3.41$3.09$0.32
2021Detailed filing. Detailed filing data is available for this year.$2.30$0.59$1.71$0.18$0.15$0.03
2020Detailed filing. Detailed filing data is available for this year.$2.39$0.69$1.71$2.49$2.91$0.42
2019Detailed filing. Detailed filing data is available for this year.$2.71$0.47$2.24$3.10$3.34$0.23
2018Detailed filing. Detailed filing data is available for this year.$3.03$0.56$2.47$3.05$3.12$0.07
2017Detailed filing. Detailed filing data is available for this year.$3.10$0.90$2.19$2.50$2.79$0.28
2016Detailed filing. Detailed filing data is available for this year.$3.19$0.71$2.48$2.73$2.75$0.02
2015Summary only. Only limited summary data is available for this year.$3.21$0.71$2.50$2.58$2.59$0.01
2014Detailed filing. Detailed filing data is available for this year.$3.26$0.75$2.51$2.51$2.48$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.27$0.80$2.47$2.50
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.36$0.87$2.50$2.38
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.35$0.89$2.46$2.26