Civic Intelligence

Eagle Point Christian Academy

990 • Fiscal year 2023 • EIN 73-1327892

Jul 01, 2022 to Jun 30, 2023 • Filed on May 02, 2024

602 S MoundsSapulpa, OK 74066

(918) 227-2441

Siviq Scores

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

Liabilities / Assets

67th percentile

0.19x

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

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

55th percentile

0.11x

Higher debt load relative to revenue than 55% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

61st percentile

10.0%

Higher net margin than 61% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

49th percentile

$58,222

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 3.8% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

3rd percentile

-38%

Faster asset growth than 3% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

16th percentile

-23%

Faster revenue growth than 16% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Down

$891,459

Down $553,230 (-38%) from 2022

Net Assets

Up

$721,050

Up $414,974 (+136%) from 2022

Liabilities

Down

$170,409

Down $968,204 (-85%) from 2022

Revenue

Down

$1,526,657

Down $453,802 (-23%) from 2022

Expenses

Down

$1,374,157

Down $55,104 (-3.9%) from 2022

Net Income

Down

$152,500

Down $398,698 (-72%) from 2022

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0-$500KAssets 2011: $476,115Liabilities 2011: $279,817Net Assets 2011: $196,2982011Assets 2012: $431,567Liabilities 2012: $274,836Net Assets 2012: $156,7312012Assets 2013: $343,578Liabilities 2013: $397,219Net Assets 2013: -$53,6412013Assets 2014: $389,499Liabilities 2014: $405,744Net Assets 2014: -$16,2452014Assets 2015: $400,507Liabilities 2015: $381,756Net Assets 2015: $18,7512015Assets 2016: $395,140Liabilities 2016: $348,732Net Assets 2016: $46,4082016Assets 2017: $377,510Liabilities 2017: $295,826Net Assets 2017: $81,6842017Assets 2018: $239,000Liabilities 2018: $288,332Net Assets 2018: -$49,3322018Assets 2020: $336,244Liabilities 2020: $339,873Net Assets 2020: -$3,6292020Assets 2021: $338,681Liabilities 2021: $83,355Net Assets 2021: $255,3262021Assets 2022: $1,444,689Liabilities 2022: $1,138,613Net Assets 2022: $306,0762022Assets 2023: $891,459Liabilities 2023: $170,409Net Assets 2023: $721,0502023Assets 2024: $1,366,127Liabilities 2024: $114,645Net Assets 2024: $1,251,4822024

Highlighted filing

2023

Assets$891,459
Liabilities$170,409
Net Assets$721,050

Operations Trend

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

$2.0M$1.0M$0-$1.0MRevenue 2011: $813,877Expenses 2011: $724,526Net Income 2011: $89,3512011Revenue 2012: $697,190Expenses 2012: $736,757Net Income 2012: -$39,5672012Revenue 2013: $718,407Expenses 2013: $813,306Net Income 2013: -$94,8992013Revenue 2014: $826,905Expenses 2014: $789,511Net Income 2014: $37,3942014Revenue 2015: $874,987Expenses 2015: $839,991Net Income 2015: $34,9962015Revenue 2016: $895,903Expenses 2016: $857,244Net Income 2016: $38,6592016Revenue 2017: $937,716Expenses 2017: $902,440Net Income 2017: $35,2762017Revenue 2018: $898,992Expenses 2018: $1,030,008Net Income 2018: -$131,0162018Revenue 2020: $957,034Expenses 2020: $997,583Net Income 2020: -$40,5492020Revenue 2021: $1,027,788Expenses 2021: $1,155,389Net Income 2021: -$127,6012021Revenue 2022: $1,980,459Expenses 2022: $1,429,261Net Income 2022: $551,1982022Revenue 2023: $1,526,657Expenses 2023: $1,374,157Net Income 2023: $152,5002023Revenue 2024: $1,938,916Expenses 2024: $1,435,800Net Income 2024: $503,1162024

Highlighted filing

2023

Revenue$1,526,657
Expenses$1,374,157
Net Income$152,500
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 2, 2024
Return Version
2022v5.0
Gross Receipts
$1,544,759
Mission and Program Overview

Mission

Provide elementary and secondary education to students in sapulpa and surrounding areas

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$382,001$431,896▲ $49,895
Land, Buildings, and Equipment, Net$269,346$291,897▲ $22,551
Cash and Non-Interest-Bearing Accounts$194,149$103,507▼ $90,642
Accounts Receivable$526,096$52,398▼ $473,698
Investments in Publicly Traded Securities$7,003$8,556▲ $1,553
Pledges and Grants Receivable$66,094$3,205▼ $62,889
Total Assets$1,444,689$891,459▼ $553,230
Liabilities
Deferred Revenue$908,767$130,710▼ $778,057
Mortgage Notes Payable Secured by Investment Property$44,893--
Accounts Payable and Accrued Expenses$184,953$39,699▼ $145,254
Total Liabilities$1,138,613$170,409▼ $968,204
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$296,076$718,551▲ $422,475
Net Assets With Donor Restrictions$10,000$2,499▼ $7,501
Total Net Assets Fund Balance$306,076$721,050▲ $414,974
Total Liabilities and Net Assets / Fund Balance$1,444,689$891,459▼ $553,230

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$235,533$126,798-
Other Land Buildings$12,187$313-
Land$27,713--
Equipment$16,464$78,395-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Rhonda WhiteAdministratorFT$58,222$58,222

Board Members and Trustees

NameTitle
David SmithPresident
Jamie HogueVice-President
Jenni CurtisBoard Member
Mark PowellBoard Member
Robert PennybakerBoard Member
Matt HoosSecretary
Kelly BarnettTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$226,560
Program Service Revenue
$1,300,097
Investment Income
$0
Other Revenue
$0
All Other Contributions
$114,077
Change in Net Assets
$152,500
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$891,202
Other Expenses$482,955
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$710,581--$710,581
Occupancy$158,988--$158,988
Payroll Taxes$64,665--$64,665
Current Officers, Directors, Trustees, and Key Employees$58,222--$58,222
Other Employee Benefits$57,734--$57,734
Other Expenses$49,379--$49,379
Office Expenses$22,896--$22,896
Insurance$21,493--$21,493
Fees for Services Management-$20,691-$20,691
Information Technology$16,437--$16,437
Depreciation Depletion$12,127--$12,127
Conferences and Meetings$10,426--$10,426
Fees for Services Accounting-$9,999-$9,999
Interest$8,572--$8,572
All Other Expenses$4,473--$4,473
Travel$3,976--$3,976
Advertising$290--$290
Total Functional Expenses$1,343,467$30,690$0$1,374,157
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$18,102
Fundraising Gross Income$18,102
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Founders Din$42,254$5,469$804$4,665
Golf$8,580$595$595$0
Total Events$64,841$18,102$18,102-
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
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

Governance Explanations

Form 990 governing body review Part VI line 11

A copy of the return is provided to all directors and board members for review and approval prior to the filing of the return.

Conflict of interest policy compliance Part VI line 12C

The directors and board review expenditures and contracts at each meeting. There are no conflicts of interest at this time between the entity and any of its board members, directors, or officers.

CEO executive director top management comp Part VI line 15A

Compensation for the executive director and top management officials is compared to existing positions within the geographic area and is further compare to standards of performance established by the board of directors.

Other officer or key employee compensation Part VI line 15B

All compensation is based on similar positions within the same geographic area. All compensation is further based on meeting or exceeding standards established by the board of directors.

Governing documents etc available to public Part VI line 19

Governing documents and other relevant documents are available via written request to the Board of Directors. Such requests are subject to approval by the Board subsequent to its review of the request at its next available meeting.

Filing and Contact Details

Filer

Filer Name
Eagle Point Christian Academy
EIN
73-1327892
Address
602 S Mounds, Sapulpa, OK 74066

Signing Officer

Name
Kelly Barnett
Title
Treasurer
Phone
9182272441
Signed
2024-05-02
Discuss with paid preparer
No

Organization Details

Principal Officer
Rhonda White
Formed
1989
Legal Domicile
Ok
Voting Board Members
7
Independent Board Members
7
Employees
55
Volunteers
20

Preparer

Firm
Kenneth L Willman CPA PLLC
Address
11812 Dalton Drive, Oklahoma City, OK 73162
Preparer
Kenneth L Willman
Phone
4054203926
Supplemental Narrative

Additional Explanations

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

Corrections booked in fiscal year 2022/2023:Prior period corrections long term liability $ 6,423Prior period corrections accumulated depreciation $ 18,618Prior period corrections accounts payable $124,884Prior period corrections assets ($22,715)Prior period corrections deferred account ($16,342)Prior period corrections payroll liability $ 41,850Prior period corrections petty cash ($ 208)Prior period corrections unearned revenue $117,787Total $280,297

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IRS990ScheduleD/EquipmentGrp/DepreciationAmt078395
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IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
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IRS990ScheduleE/MaintainScholarshipsRecsInd0true
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IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0Lindsey Nicole Henry Scholarship funding is accepted.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1The nondiscrimination policy is shown on the Admission page of the schools website at all times.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Governmental Agency Financial Aid (Questions 6a and 6b)
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of nondiscriminatory policy (Question 3)
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IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt07985
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A copy of the return is provided to all directors and board members for review and approval prior to the filing of the return.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The directors and board review expenditures and contracts at each meeting. There are no conflicts of interest at this time between the entity and any of its board members, directors, or officers.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Compensation for the executive director and top management officials is compared to existing positions within the geographic area and is further compare to standards of performance established by the board of directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3All compensation is based on similar positions within the same geographic area. All compensation is further based on meeting or exceeding standards established by the board of directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Governing documents and other relevant documents are available via written request to the Board of Directors. Such requests are subject to approval by the Board subsequent to its review of the request at its next available meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Corrections booked in fiscal year 2022/2023:Prior period corrections long term liability $ 6,423Prior period corrections accumulated depreciation $ 18,618Prior period corrections accounts payable $124,884Prior period corrections assets ($22,715)Prior period corrections deferred account ($16,342)Prior period corrections payroll liability $ 41,850Prior period corrections petty cash ($ 208)Prior period corrections unearned revenue $117,787Total $280,297
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Explanation of other changes in net assets or fund balances Part XI line 9
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01343467
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IRS990/TotalRevenueGrp/ExclusionAmt00
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01526657
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
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IRS990/TravelGrp/TotalAmt03976
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IRS990/UponRequestInd0X
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IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd011
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Kelly Barnett
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum09182272441

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