Civic Intelligence

East Walker Education and Development Inc.

990 • Fiscal year 2024 • EIN 63-1221472

Jul 01, 2023 to Jun 30, 2024 • Filed on Oct 29, 2024

155 Hosanna Drive PO Box 40Sumiton, AL 35148

(205) 648-6643

Siviq Scores

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

Liabilities / Assets

80th percentile

0.52x

Higher debt load relative to assets than 80% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

88th percentile

1.41x

Higher debt load relative to revenue than 88% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

52nd percentile

5.3%

Higher net margin than 52% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

22nd percentile

$0

Higher top officer pay than 22% of similar nonprofits.

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

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

27th percentile

-2.0%

Faster asset growth than 27% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

31st percentile

-1.6%

Faster revenue growth than 31% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Down

$6,271,040

Down $124,946 (-2.0%) from 2023

Net Assets

Up

$3,026,615

Up $120,898 (+4.2%) from 2023

Liabilities

Down

$3,244,425

Down $245,844 (-7.0%) from 2023

Revenue

Down

$2,300,299

Down $37,000 (-1.6%) from 2023

Expenses

Down

$2,179,400

Down $160,252 (-6.8%) from 2023

Net Income

Up

$120,899

Up $123,252 (+5238%) from 2023

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2012: $8,889,212Liabilities 2012: $5,777,185Net Assets 2012: $3,112,0272012Assets 2013: $8,614,349Liabilities 2013: $5,678,468Net Assets 2013: $2,935,8812013Assets 2014: $8,392,153Liabilities 2014: $5,472,842Net Assets 2014: $2,919,3112014Assets 2015: $8,089,117Liabilities 2015: $5,258,368Net Assets 2015: $2,830,7492015Assets 2016: $7,862,928Liabilities 2016: $5,095,899Net Assets 2016: $2,767,0292016Assets 2017: $7,665,522Liabilities 2017: $4,852,755Net Assets 2017: $2,812,7672017Assets 2018: $7,491,402Liabilities 2018: $4,670,231Net Assets 2018: $2,821,1712018Assets 2019: $7,276,762Liabilities 2019: $4,443,915Net Assets 2019: $2,832,8472019Assets 2020: $7,218,116Liabilities 2020: $4,399,237Net Assets 2020: $2,818,8792020Assets 2021: $7,150,545Liabilities 2021: $4,160,183Net Assets 2021: $2,990,3622021Assets 2022: $6,827,041Liabilities 2022: $3,918,171Net Assets 2022: $2,908,8702022Assets 2023: $6,395,986Liabilities 2023: $3,490,269Net Assets 2023: $2,905,7172023Assets 2024: $6,271,040Liabilities 2024: $3,244,425Net Assets 2024: $3,026,6152024Assets 2025: $6,053,997Liabilities 2025: $2,985,789Net Assets 2025: $3,068,2082025

Highlighted filing

2024

Assets$6,271,040
Liabilities$3,244,425
Net Assets$3,026,615

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2012: $2,370,410Expenses 2012: $2,201,022Net Income 2012: $169,3882012Revenue 2013: $2,277,176Expenses 2013: $2,453,322Net Income 2013: -$176,1462013Revenue 2014: $2,268,829Expenses 2014: $2,285,399Net Income 2014: -$16,5702014Revenue 2015: $2,307,898Expenses 2015: $2,396,468Net Income 2015: -$88,5702015Revenue 2016: $2,192,900Expenses 2016: $2,256,620Net Income 2016: -$63,7202016Revenue 2017: $2,281,359Expenses 2017: $2,235,621Net Income 2017: $45,7382017Revenue 2018: $2,155,312Expenses 2018: $2,146,908Net Income 2018: $8,4042018Revenue 2019: $2,098,631Expenses 2019: $2,086,955Net Income 2019: $11,6762019Revenue 2020: $2,012,160Expenses 2020: $2,026,128Net Income 2020: -$13,9682020Revenue 2021: $2,267,806Expenses 2021: $2,096,323Net Income 2021: $171,4832021Revenue 2022: $2,057,714Expenses 2022: $2,139,206Net Income 2022: -$81,4922022Revenue 2023: $2,337,299Expenses 2023: $2,339,652Net Income 2023: -$2,3532023Revenue 2024: $2,300,299Expenses 2024: $2,179,400Net Income 2024: $120,8992024Revenue 2025: $2,200,358Expenses 2025: $2,158,864Net Income 2025: $41,4942025

Highlighted filing

2024

Revenue$2,300,299
Expenses$2,179,400
Net Income$120,899
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Oct 29, 2024
Return Version
2023v5.1
Gross Receipts
$2,300,299
Mission and Program Overview

Mission

The mission of sumiton christian school is to provide a quality christian education taught by qualified and caring professionals with the goals of developing the whole child spiritually, academically, socially, and physically, and instilling in all our students obedience to god's word, respect for those in authority, and a high level of patriotism.

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,931,436$5,766,447▼ $164,989
Cash and Non-Interest-Bearing Accounts$201,410$276,799▲ $75,389
Inventories for Sale or Use$79,190$59,235▼ $19,955
Accounts Receivable$29,242$22,481▼ $6,761
Total Assets$6,395,986$6,271,040▼ $124,946
Other Assets Total$154,708$146,078▼ $8,630
Liabilities
Unsecured Notes Loans Payable$3,459,321$3,215,558▼ $243,763
Accounts Payable and Accrued Expenses$19,935$16,738▼ $3,197
Deferred Revenue$11,013$12,129▲ $1,116
Total Liabilities$3,490,269$3,244,425▼ $245,844
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,837,675$2,972,479▲ $134,804
Net Assets With Donor Restrictions$68,042$54,136▼ $13,906
Total Net Assets Fund Balance$2,905,717$3,026,615▲ $120,898
Total Liabilities and Net Assets / Fund Balance$6,395,986$6,271,040▼ $124,946

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,153,672$5,105,208-
Other Land Buildings$26,641--
Land$1,574,331--
Equipment$11,803$534,487-
Other Assets Org$146,078--
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$345,526
Program Service Revenue
$1,855,446
Investment Income
$0
Other Revenue
$99,327
Change in Net Assets
$120,899
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,160,520
Salaries, Compensation, and Employee Benefits$1,018,880
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$848,537$94,282-$942,819
Depreciation Depletion$244,084$12,847-$256,931
All Other Expenses$192,117$15,772-$207,889
Office Expenses$103,879$5,468-$109,347
Interest$95,901$5,047-$100,948
Other Expenses$88,012$4,632-$92,644
Payroll Taxes$64,827$7,203-$72,030
Insurance$47,287$5,254-$52,541
Occupancy$21,136$1,112-$22,248
Travel$20,426--$20,426
Other Employee Benefits$3,829$202-$4,031
Fees for Services Accounting-$3,150-$3,150
Total Functional Expenses$2,013,769$165,631$0$2,179,400
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities-
Employee Benefits Payable-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
Backup withholding compliance
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 governing body review Part VI line 11

No review was or will be conducted.

Form 990 availability to public Part VI line 18

No documents available to the public.

Governing documents etc available to public Part VI line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
East Walker Education & Development
EIN
63-1221472
Address
155 HOSANNA DRIVE PO BOX 40, Sumiton, AL 35148

Signing Officer

Name
Maegan Sosebee
Title
Bookkeeper
Phone
2056486643
Signed
2024-10-29
Discuss with paid preparer
Yes

Organization Details

Formed
1976
Legal Domicile
Al
Voting Board Members
8
Independent Board Members
8
Employees
81

Preparer

Firm
Kellum Wilson & Associates Pc
Address
600 OAK HILL ROAD, JASPER, AL 35504
Preparer
Charles R Wilson
Phone
2052212935
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

ROUNDING

Part III response or note to any other line in Part III

Organizations mission - the mission of sumiton christian school is to provide a quality christian education taught by qualified and caring professionals with the goals of developing the whole child spiritually, academically, socially, and physically, and instilling within our students obedience to gods word, respect for those in authority, and a high level of patriotism.

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IRS990/PYOtherExpensesAmt01297091
IRS990/PYOtherRevenueAmt0252148
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IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt05105208
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt09258880
IRS990ScheduleD/EquipmentGrp/BookValueAmt011803
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0534487
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0546290
IRS990ScheduleD/LandGrp/BookValueAmt01574331
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt01574331
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0146078
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0BOND ISSUE COST
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1EMPLOYEE BENEFITS PAYABLE
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IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
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IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
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IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
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IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO DOCUMENTS AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ROUNDING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ORGANIZATIONS MISSION - THE MISSION OF SUMITON CHRISTIAN SCHOOL IS TO PROVIDE A QUALITY CHRISTIAN EDUCATION TAUGHT BY QUALIFIED AND CARING PROFESSIONALS WITH THE GOALS OF DEVELOPING THE WHOLE CHILD SPIRITUALLY, ACADEMICALLY, SOCIALLY, AND PHYSICALLY, AND INSTILLING WITHIN OUR STUDENTS OBEDIENCE TO GODS WORD, RESPECT FOR THOSE IN AUTHORITY, AND A HIGH LEVEL OF PATRIOTISM.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990 availability to public Part VI line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Explanation of other changes in net assets or fund balances Part XI line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Part III response or note to any other line in Part III
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IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt06271040
IRS990/TotalAssetsGrp/BOYAmt06395986
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IRS990/TotalContributionsAmt0345526
IRS990/TotalEmployeeCnt081
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02013769
IRS990/TotalFunctionalExpensesGrp/TotalAmt02179400
IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesEOYAmt03244425
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IRS990/TotalProgramServiceRevenueAmt01855446
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IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01954773
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02300299
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt06395986
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt06271040
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/ProgramServicesAmt020426
IRS990/TravelGrp/TotalAmt020426
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt03459321
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt03215558
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0WWW.SUMITONCHRISTIANSCHOOL.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MAEGAN SOSEBEE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOOKKEEPER
ReturnHeader/BusinessOfficerGrp/PhoneNum02056486643
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-10-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0EAST WALKER EDUCATION & DEVELOPMENT
ReturnHeader/Filer/BusinessNameControlTxt0EAST
ReturnHeader/Filer/EIN0631221472
ReturnHeader/Filer/USAddress/AddressLine1Txt0155 HOSANNA DRIVE PO BOX 40
ReturnHeader/Filer/USAddress/CityNm0Sumiton
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AL
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ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0630910369

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$6.05$2.99$3.07$2.20$2.16$0.04
2024Detailed filing. Detailed filing data is available for this year.$6.27$3.24$3.03$2.30$2.18$0.12
2023Detailed filing. Detailed filing data is available for this year.$6.40$3.49$2.91$2.34$2.34$0.00
2022Detailed filing. Detailed filing data is available for this year.$6.83$3.92$2.91$2.06$2.14$0.08
2021Detailed filing. Detailed filing data is available for this year.$7.15$4.16$2.99$2.27$2.10$0.17
2020Detailed filing. Detailed filing data is available for this year.$7.22$4.40$2.82$2.01$2.03$0.01
2019Detailed filing. Detailed filing data is available for this year.$7.28$4.44$2.83$2.10$2.09$0.01
2018Detailed filing. Detailed filing data is available for this year.$7.49$4.67$2.82$2.16$2.15$0.01
2017Detailed filing. Detailed filing data is available for this year.$7.67$4.85$2.81$2.28$2.24$0.05
2016Summary only. Only limited summary data is available for this year.$7.86$5.10$2.77$2.19$2.26$0.06
2015Summary only. Only limited summary data is available for this year.$8.09$5.26$2.83$2.31$2.40$0.09
2014Summary only. Only limited summary data is available for this year.$8.39$5.47$2.92$2.27$2.29$0.02
2013Summary only. Only limited summary data is available for this year.$8.61$5.68$2.94$2.28$2.45$0.18
2012Summary only. Only limited summary data is available for this year.$8.89$5.78$3.11$2.37$2.20$0.17