Civic Intelligence

Frankfort Christian Academy Inc.

990 • Fiscal year 2019 • EIN 61-1285285

Jun 01, 2018 to May 31, 2019 • Filed on Apr 10, 2020

Organization ProfileWWW.FRANKFORTCHRISTIAN.ORG
1349 US Hwy 421 SFrankfort, KY 40601

(502) 695-0744

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.53x

Higher debt load relative to assets than 82% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

86th percentile

1.02x

Higher debt load relative to revenue than 86% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

24th percentile

-7.2%

Higher net margin than 24% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

36th percentile

$0

Higher top officer pay than 36% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

5th percentile

-22%

Faster asset growth than 5% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

59th percentile

8.3%

Faster revenue growth than 59% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets82nd percentile

Assets

Down

$3,770,656

Down $1,093,844 (-22%) from 2018

Net Assets

Down

$1,778,910

Down $140,063 (-7.3%) from 2018

Liabilities

Down

$1,991,746

Down $953,781 (-32%) from 2018

Revenue And Expenses
Liabilities / Revenue86th percentileNet Margin24th percentile

Revenue

Up

$1,948,633

Up $149,520 (+8.3%) from 2018

Expenses

Up

$2,088,697

Up $166,704 (+8.7%) from 2018

Net Income

Down

-$140,064

Down $17,184 (-14%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth5th percentile

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

$6.0M$4.0M$2.0M$0Assets 2011: $4,394,973Liabilities 2011: $2,526,798Net Assets 2011: $1,868,1752011Assets 2012: $4,178,769Liabilities 2012: $2,362,461Net Assets 2012: $1,816,3082012Assets 2013: $4,279,099Liabilities 2013: $2,431,586Net Assets 2013: $1,847,5132013Assets 2014: $4,116,237Liabilities 2014: $2,229,636Net Assets 2014: $1,886,6012014Assets 2015: $3,893,812Liabilities 2015: $2,029,977Net Assets 2015: $1,863,8352015Assets 2016: $4,030,047Liabilities 2016: $1,898,902Net Assets 2016: $2,131,1452016Assets 2017: $3,805,000Liabilities 2017: $1,763,147Net Assets 2017: $2,041,8532017Assets 2018: $4,864,500Liabilities 2018: $2,945,527Net Assets 2018: $1,918,9732018Assets 2019: $3,770,656Liabilities 2019: $1,991,746Net Assets 2019: $1,778,9102019Assets 2020: $3,961,326Liabilities 2020: $2,382,056Net Assets 2020: $1,579,2702020Assets 2021: $4,080,885Liabilities 2021: $2,247,761Net Assets 2021: $1,833,1242021Assets 2022: $4,281,372Liabilities 2022: $2,221,558Net Assets 2022: $2,059,8142022Assets 2023: $5,554,080Liabilities 2023: $2,225,552Net Assets 2023: $3,328,5282023Assets 2024: $5,335,404Liabilities 2024: $2,092,191Net Assets 2024: $3,243,2132024Assets 2025: $5,237,062Liabilities 2025: $2,065,710Net Assets 2025: $3,171,3522025

Highlighted filing

2019

Assets$3,770,656
Liabilities$1,991,746
Net Assets$1,778,910
Open 2019 Filing

Operations Trend

Revenue Growth59th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $1,609,901Expenses 2011: $1,616,840Net Income 2011: -$6,9392011Revenue 2012: $1,567,728Expenses 2012: $1,619,595Net Income 2012: -$51,8672012Revenue 2013: $1,779,900Expenses 2013: $1,748,695Net Income 2013: $31,2052013Revenue 2014: $2,089,832Expenses 2014: $2,050,744Net Income 2014: $39,0882014Revenue 2015: $2,293,080Expenses 2015: $2,315,846Net Income 2015: -$22,7662015Revenue 2016: $2,595,500Expenses 2016: $2,328,190Net Income 2016: $267,3102016Revenue 2017: $1,932,193Expenses 2017: $2,021,485Net Income 2017: -$89,2922017Revenue 2018: $1,799,113Expenses 2018: $1,921,993Net Income 2018: -$122,8802018Revenue 2019: $1,948,633Expenses 2019: $2,088,697Net Income 2019: -$140,0642019Revenue 2020: $2,244,834Expenses 2020: $2,268,372Net Income 2020: -$23,5382020Revenue 2021: $2,520,120Expenses 2021: $2,266,266Net Income 2021: $253,8542021Revenue 2022: $2,799,629Expenses 2022: $2,572,939Net Income 2022: $226,6902022Revenue 2023: $4,066,805Expenses 2023: $2,798,091Net Income 2023: $1,268,7142023Revenue 2024: $3,082,758Expenses 2024: $3,168,073Net Income 2024: -$85,3152024Revenue 2025: $3,382,376Expenses 2025: $3,454,237Net Income 2025: -$71,8612025

Highlighted filing

2019

Revenue$1,948,633
Expenses$2,088,697
Net Income-$140,064
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jun 1, 2018 to May 31, 2019
Signed
Apr 10, 2020
Return Version
2018v3.2
Gross Receipts
$2,167,295
Mission and Program Overview

Mission

The frankfort christian academy is structured to provide a creative, loving, academic environment for children to grow socially, emotionally, physically, academically and spiritually. This is achieved through individual and group learning experiences under the guidance and nuture of carefully chosen christian teachers and administrators.

The frankfort christian academy is structured to provide a creative, loving, academic environment for children to grow socially, emotionally, physically, academically and spiritually. This is achieved through individual and group learning experiences under the guidance and nuture of carefully chosen chrisian teachers and administrators.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,379,916$3,624,863▲ $244,947
Cash and Non-Interest-Bearing Accounts$1,447,541$124,863▼ $1,322,678
Accounts Receivable$29,293$20,930▼ $8,363
Intangible Assets$7,750--
Total Assets$4,864,500$3,770,656▼ $1,093,844
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,948,933$1,886,945▼ $61,988
Tax Exempt Bond Liabilities$880,000--
Accounts Payable and Accrued Expenses$47,739$57,250▲ $9,511
Deferred Revenue$68,855$47,551▼ $21,304
Total Liabilities$2,945,527$1,991,746▼ $953,781
Net Assets / Fund Balance
Unrestricted Net Assets$1,820,438$1,635,137▼ $185,301
Temporarily Rstr Net Assets$98,535$143,773▲ $45,238
Total Net Assets Fund Balance$1,918,973$1,778,910▼ $140,063
Total Liabilities and Net Assets / Fund Balance$4,864,500$3,770,656▼ $1,093,844

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$2,032,242$1,193,368$3,225,610
Buildings$1,298,361$511,888$1,810,249
Equipment$112,162$195,564$307,726
Land$182,098-$182,098
Compensation and Service Providers
Top Officer Pay36th percentile

Board Members and Trustees

NameTitle
James WoodsChairman
Bruce ScottVice-chair
Aaron HartmanBoard Member
Dr Amy SmithBoard Member
James ObielodanBoard Member
Renee CraddockBoard Member
Drew AldridgeSecretary
Jason JohnsonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$60,862
Program Service Revenue
$1,579,169
Investment Income
$3,142
Other Revenue
$305,460
All Other Contributions
$60,862
Change in Net Assets
$-140,064
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,442,299
Other Expenses$646,398
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,282,773--$1,282,773
All Other Expenses$129,004--$129,004
Depreciation Depletion$116,218--$116,218
Payroll Taxes$98,132--$98,132
Other Employee Benefits$61,394--$61,394
Other Expenses$47,843--$47,843
Information Technology$32,245--$32,245
Office Expenses$19,074--$19,074
Fees for Services Other$7,383--$7,383
Advertising$5,560--$5,560
Insurance$4,872--$4,872
Total Functional Expenses$2,088,697$0$0$2,088,697
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$68,604
Fundraising Direct Expenses$4,978
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Auction$38,301$38,301$2,554$35,747
Various Fund-ra$22,676$22,676-$22,676
Total Events$68,604$68,604$4,978$63,626
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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

Governance Explanations

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

“The return is made available to the board, reviewed and discussed prior to filing.”

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

“Board members are required to disclose to the audit committee any financial or other relationships with suppliers, clients or competitors that they may have and the reasons they believe such relationship would not violate the conflict of interest policy. Each board member must sign a statement indicating his knowledge of the conflict of interest policy and willingness to adhere to the policy.”

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

“The board hires the principal assuring that there is no conflict of interest between the principal and the school. Contemporaneous documentation and recordkeeping of the compensation arrangement are maintained and the use of data of comparable compensation for similarly qualified persons is used in the process. The board also oversees and approves all other employee salaries.”

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

“The board also oversees and approves all other employee salaries.”

Form 990, Page 6, Part VI, Line 19

“Upon request the organization will furnish its governing documents policies and procedures and financial statements.”

Filing and Contact Details

Filer

Filer Name
Frankfort Christian Academy Inc
EIN
61-1285285
Phone
5026950744
Address
1349 US HWY 421 S, FRANKFORT, KY 40601

Signing Officer

Name
James Woods
Title
Chairman
Phone
5026950744
Signed
2020-04-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James Woods
Formed
1995
Legal Domicile
Ky
Voting Board Members
8
Independent Board Members
8
Employees
84
Volunteers
100

Preparer

Firm
Harrod & Associates
Address
2 HMB CIRCLE A, FRANKFORT, KY 40601-2351
Preparer
David R Harrod CPA
Phone
5026957300
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The frankfort christian academy is structured to provide a creative, loving, academic environment for children to grow socially, emotionally, physically, academically and spiritually. This is achieved through individual and group learning experiences under the guidance and nuture of carefully chosen chrisian teachers and administrators.”

Form 990, Part XI, Line 9

“Book / tax depreciation difference 7,750”

Financial Statement Notes

Schedule D, Page 3, Part X

“The academy has implemented fasb asc 740-10 "accounting for uncertainty in income taxes". Management believes it has not taken any position in which it does not have a more likely than not successfully defendable position. The academy's tax filings may be subject to examination by the irs, generally for three years after filing.”

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IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0JAMES WOODS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0TUITION & FEES
IRS990/ProgramServiceRevenueGrp/Desc1LUNCH PROGRAM
IRS990/ProgramServiceRevenueGrp/Desc2SPORTS & CLUB INCOME
IRS990/ProgramServiceRevenueGrp/Desc3AFTER-SCHOOL FEES
IRS990/ProgramServiceRevenueGrp/Desc4SUMMER PROGRAM FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01387770
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt165102
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt263428
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt334930
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt418656
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01387770
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt165102
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt263428
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt334930
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt418656
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt057309
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt01489
IRS990/PYOtherExpensesAmt0451347
IRS990/PYOtherRevenueAmt0124794
IRS990/PYProgramServiceRevenueAmt01615521
IRS990/PYRevenuesLessExpensesAmt0-122880
IRS990/PYSalariesCompEmpBnftPaidAmt01470646
IRS990/PYTotalExpensesAmt01921993
IRS990/PYTotalRevenueAmt01799113
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-140064
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0232749
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01579169
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt01298361
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0511888
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01810249
IRS990ScheduleD/EquipmentGrp/BookValueAmt0112162
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0195564
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0307726
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0182098
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0182098
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt02032242
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01193368
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt03225610
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ACADEMY HAS IMPLEMENTED FASB ASC 740-10 "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES". MANAGEMENT BELIEVES IT HAS NOT TAKEN ANY POSITION IN WHICH IT DOES NOT HAVE A MORE LIKELY THAN NOT SUCCESSFULLY DEFENDABLE POSITION. THE ACADEMY'S TAX FILINGS MAY BE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER FILING.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03624863
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/ExplanationTxt0EMPLOYMENT APPLICATIONS, STUDENT APPLICATIONS, HANDBOOKS POLICIES AND PROCEDURES, ETC. ALL CONTAIN WORDING THAT THE ACADEMY DOES NOT DISCRIMINATE.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt04978
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0AUCTION
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0VARIOUS FUND-RA
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt038301
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt022676
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt07627
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt068604
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt038301
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt022676
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt07627
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt068604
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt063626
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt02424
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt04978
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt02554
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FRANKFORT CHRISTIAN ACADEMY IS STRUCTURED TO PROVIDE A CREATIVE, LOVING, ACADEMIC ENVIRONMENT FOR CHILDREN TO GROW SOCIALLY, EMOTIONALLY, PHYSICALLY, ACADEMICALLY AND SPIRITUALLY. THIS IS ACHIEVED THROUGH INDIVIDUAL AND GROUP LEARNING EXPERIENCES UNDER THE GUIDANCE AND NUTURE OF CAREFULLY CHOSEN CHRISIAN TEACHERS AND ADMINISTRATORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE RETURN IS MADE AVAILABLE TO THE BOARD, REVIEWED AND DISCUSSED PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD MEMBERS ARE REQUIRED TO DISCLOSE TO THE AUDIT COMMITTEE ANY FINANCIAL OR OTHER RELATIONSHIPS WITH SUPPLIERS, CLIENTS OR COMPETITORS THAT THEY MAY HAVE AND THE REASONS THEY BELIEVE SUCH RELATIONSHIP WOULD NOT VIOLATE THE CONFLICT OF INTEREST POLICY. EACH BOARD MEMBER MUST SIGN A STATEMENT INDICATING HIS KNOWLEDGE OF THE CONFLICT OF INTEREST POLICY AND WILLINGNESS TO ADHERE TO THE POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD HIRES THE PRINCIPAL ASSURING THAT THERE IS NO CONFLICT OF INTEREST BETWEEN THE PRINCIPAL AND THE SCHOOL. CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING OF THE COMPENSATION ARRANGEMENT ARE MAINTAINED AND THE USE OF DATA OF COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IS USED IN THE PROCESS. THE BOARD ALSO OVERSEES AND APPROVES ALL OTHER EMPLOYEE SALARIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD ALSO OVERSEES AND APPROVES ALL OTHER EMPLOYEE SALARIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5UPON REQUEST THE ORGANIZATION WILL FURNISH ITS GOVERNING DOCUMENTS POLICIES AND PROCEDURES AND FINANCIAL STATEMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6BOOK / TAX DEPRECIATION DIFFERENCE 7,750
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0KY
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt0880000
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt098535
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0143773
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt04864500
IRS990/TotalAssetsEOYAmt03770656
IRS990/TotalAssetsGrp/BOYAmt04864500
IRS990/TotalAssetsGrp/EOYAmt03770656
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt060862
IRS990/TotalEmployeeCnt084
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02088697
IRS990/TotalFunctionalExpensesGrp/TotalAmt02088697
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02945527
IRS990/TotalLiabilitiesEOYAmt01991746
IRS990/TotalLiabilitiesGrp/BOYAmt02945527
IRS990/TotalLiabilitiesGrp/EOYAmt01991746
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01918973
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01778910
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt09283
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt09283
IRS990/TotalProgramServiceExpensesAmt02088697
IRS990/TotalProgramServiceRevenueAmt01579169
IRS990/TotalRevenueGrp/ExclusionAmt03142
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01821003
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01948633
IRS990/TotalVolunteersCnt0100
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04864500
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03770656
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01820438
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01635137
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0WWW.FRANKFORTCHRISTIAN.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JAMES WOODS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum05026950744
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-04-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FRANKFORT CHRISTIAN ACADEMY INC
ReturnHeader/Filer/BusinessNameControlTxt0FRAN
ReturnHeader/Filer/EIN0611285285
ReturnHeader/Filer/PhoneNum05026950744
ReturnHeader/Filer/USAddress/AddressLine1Txt01349 US HWY 421 S
ReturnHeader/Filer/USAddress/CityNm0FRANKFORT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd040601

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,770,656
Liabilities
$1,991,746
Net assets
$1,778,910
Revenue
$1,948,633
Expenses
$2,088,697
Net income
-$140,064
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$5.24$2.07$3.17$3.38$3.45$0.07
2024Detailed filing. Detailed filing data is available for this year.$5.34$2.09$3.24$3.08$3.17$0.09
2023Detailed filing. Detailed filing data is available for this year.$5.55$2.23$3.33$4.07$2.80$1.27
2022Detailed filing. Detailed filing data is available for this year.$4.28$2.22$2.06$2.80$2.57$0.23
2021Detailed filing. Detailed filing data is available for this year.$4.08$2.25$1.83$2.52$2.27$0.25
2020Summary only. Only limited summary data is available for this year.$3.96$2.38$1.58$2.24$2.27$0.02
2019Detailed filing. Detailed filing data is available for this year.$3.77$1.99$1.78$1.95$2.09$0.14
2018Summary only. Only limited summary data is available for this year.$4.86$2.95$1.92$1.80$1.92$0.12
2017Summary only. Only limited summary data is available for this year.$3.81$1.76$2.04$1.93$2.02$0.09
2016Summary only. Only limited summary data is available for this year.$4.03$1.90$2.13$2.60$2.33$0.27
2015Summary only. Only limited summary data is available for this year.$3.89$2.03$1.86$2.29$2.32$0.02
2014Summary only. Only limited summary data is available for this year.$4.12$2.23$1.89$2.09$2.05$0.04
2013Summary only. Only limited summary data is available for this year.$4.28$2.43$1.85$1.78$1.75$0.03
2012Summary only. Only limited summary data is available for this year.$4.18$2.36$1.82$1.57$1.62$0.05
2011Summary only. Only limited summary data is available for this year.$4.39$2.53$1.87$1.61$1.62$0.01