Civic Intelligence

Valley Christian School Inc.

990 • Fiscal year 2016 • EIN 83-0240313

Jul 01, 2015 to Jun 30, 2016 • Filed on Nov 10, 2016

2441 East E StreetTorrington, WY 82240

(307) 532-3133

Siviq Scores

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

Liabilities / Assets

64th percentile

0.12x

Higher debt load relative to assets than 64% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

73rd percentile

0.19x

Higher debt load relative to revenue than 73% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

60th percentile

6.7%

Higher net margin than 60% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

56th percentile

$28,706

Higher top officer pay than 56% of similar nonprofits.

Top officer pay equals 8.8% of source-year revenue.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

46th percentile

0.5%

Faster asset growth than 46% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

58th percentile

6.8%

Faster revenue growth than 58% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Up

$515,862

Up $2,799 (+0.5%) from 2015

Net Assets

Up

$454,579

Up $22,077 (+5.1%) from 2015

Liabilities

Down

$61,283

Down $19,278 (-24%) from 2015

Revenue

Up

$327,783

Up $21,001 (+6.8%) from 2015

Expenses

Up

$305,706

Up $19,060 (+6.6%) from 2015

Net Income

Up

$22,077

Up $1,941 (+9.6%) from 2015

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2013: $491,730Liabilities 2013: $120,631Net Assets 2013: $371,0992013Assets 2014: $514,426Liabilities 2014: $102,060Net Assets 2014: $412,3662014Assets 2015: $513,063Liabilities 2015: $80,561Net Assets 2015: $432,5022015Assets 2016: $515,862Liabilities 2016: $61,283Net Assets 2016: $454,5792016Assets 2017: $538,574Liabilities 2017: $39,811Net Assets 2017: $498,7632017Assets 2018: $519,966Liabilities 2018: $18,204Net Assets 2018: $501,7622018Assets 2019: $532,679Liabilities 2019: $1,815Net Assets 2019: $530,8642019Assets 2020: $589,910Liabilities 2020: $50,296Net Assets 2020: $539,6142020Assets 2021: $676,484Liabilities 2021: $2,228Net Assets 2021: $674,2562021Assets 2022: $904,605Liabilities 2022: $193,227Net Assets 2022: $711,3782022Assets 2023: $1,161,836Liabilities 2023: $363,787Net Assets 2023: $798,0492023Assets 2024: $1,089,209Liabilities 2024: $355,783Net Assets 2024: $733,4262024

Highlighted filing

2016

Assets$515,862
Liabilities$61,283
Net Assets$454,579

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2013: $352,163Expenses 2013: $235,515Net Income 2013: $116,6482013Revenue 2014: $299,374Expenses 2014: $258,107Net Income 2014: $41,2672014Revenue 2015: $306,782Expenses 2015: $286,646Net Income 2015: $20,1362015Revenue 2016: $327,783Expenses 2016: $305,706Net Income 2016: $22,0772016Revenue 2017: $329,574Expenses 2017: $285,390Net Income 2017: $44,1842017Revenue 2018: $313,123Expenses 2018: $310,124Net Income 2018: $2,9992018Revenue 2019: $339,137Expenses 2019: $310,035Net Income 2019: $29,1022019Revenue 2020: $342,010Expenses 2020: $333,260Net Income 2020: $8,7502020Revenue 2021: $504,600Expenses 2021: $369,958Net Income 2021: $134,6422021Revenue 2022: $441,218Expenses 2022: $404,096Net Income 2022: $37,1222022Revenue 2023: $564,802Expenses 2023: $478,131Net Income 2023: $86,6712023Revenue 2024: $479,070Expenses 2024: $543,693Net Income 2024: -$64,6232024

Highlighted filing

2016

Revenue$327,783
Expenses$305,706
Net Income$22,077
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Nov 10, 2016
Return Version
2015v2.0
Gross Receipts
$356,177
Mission and Program Overview

Mission

To operate a Christian elementary and pre-school, stressing academic excellence while teaching Godly principles and character.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$329,666$318,603▼ $11,063
Savings and Temporary Cash Investments$141,038$162,046▲ $21,008
Cash and Non-Interest-Bearing Accounts$41,936$35,093▼ $6,843
Accounts Receivable$423$120▼ $303
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$513,063$515,862▲ $2,799
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property$80,508$60,874▼ $19,634
Accounts Payable and Accrued Expenses$53$409▲ $356
Total Liabilities$80,561$61,283▼ $19,278
Net Assets / Fund Balance
Unrestricted Net Assets$346,427$361,254▲ $14,827
Temporarily Rstr Net Assets$86,075$93,325▲ $7,250
Total Net Assets Fund Balance$432,502$454,579▲ $22,077
Total Liabilities and Net Assets / Fund Balance$513,063$515,862▲ $2,799

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$276,332$42,609$318,941
Other Land Buildings$20,682$16,400$37,082
Land$20,000-$20,000
Equipment$1,589$461$2,050
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Cheryl StoegerAdministrator/PrincipalFT$28,706$28,706

Board Members and Trustees

NameTitle
Lois VanMarkChairman
Robert RandolphVice-Chairman
Emma Jean StrickerDirector
Gretchen WollertDirector
Jacqueline SandlianDirector
Steven HeilbrunDirector
Robert JuveSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$85,157
Program Service Revenue
$171,592
Investment Income
$2,828
Other Revenue
$68,206
All Other Contributions
$84,682
Change in Net Assets
$22,077
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$226,638
Other Expenses$78,622
Grants and Similar Amounts Paid$446
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$157,249$24,576-$181,825
Current Officers, Directors, Trustees, and Key Employees$21,530$7,177-$28,707
Payroll Taxes$13,677$2,429-$16,106
Depreciation Depletion$13,124--$13,124
All Other Expenses$8,420$2,954-$11,374
Occupancy$9,161--$9,161
Other Expenses$4,535--$4,535
Insurance-$4,218-$4,218
Interest$2,890--$2,890
Travel$2,656--$2,656
Fees for Services Accounting-$1,724-$1,724
Advertising$762--$762
Grants to Domestic Individuals$446--$446
Office Expenses-$147-$147
Fees for Services Legal-$80-$80
Total Functional Expenses$262,401$43,305$0$305,706
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$93,051
Fundraising Direct Expenses$28,394
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Soup Supper$45,765$45,765$7,156$38,609
Peach Sales$28,767$28,767$14,735$14,032
Total Events$93,051$93,051$28,394$64,657
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

All persons who are eligible for membership and who desire to be members of the Corporation must make an initial written application for membership. The VCS School Board Membership Committee reviews all applications according to the eligibility requirements.Each corporation member shall subscribe to the biblical and educational principles of the VCS Corporation and must sign a statement to that effect. Membership is open to all persons according to the following criteria:1. A parent or guardian of a child enrolled in the School.2. A member of the pastoral advisory committee.3. A contributor to the School of $100.00 or more during the current school year.4. A member of the faculty or staff of the School.5. A member of the VCS Foundation Committee.

Form 990, Part VI, Line 7A: How Members or Shareholders Elect Governing Body

Qualified members may apply for the VCS School Board. Applications will be reviewed and approved by the Pastoral Advisory Committee. Open positions are filled by election from approved applications at the September VCS Corporation meeting.

Form 990, Part VI, Line 7B: Describe Decisions of Governing Body Approval by Members or Shareholders

The VCS Corporation holds two stated meetings each year, one in September and the other in March, where members may vote on agenda items that come before them. The annual election of open positions for the VCS School Board members takes place at the September meeting.

Form 990, Part VI, Line 11B: Form 990 Review Process

Form 990 is reviewed in detail with the administration of the School and approved by the School Board.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

All Board members are required to sign the conflict of interest policy annually. VCS administrators and staff monitor and enforce compliance with the policy.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Salary for the Administrator is set by the members of the School Board based on a stepped salary scale. Raises to the base of the salary scale may or may not occur on a yearly basis. The salary scale used is well below that which is used by the local public school system.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

VCS School Board Members and Officers serve on a volunteer basis; no compensation is paid.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Documents are available upon request at the Valley Christian School offices.

Filing and Contact Details

Filer

Filer Name
Valley Christian School
EIN
83-0240313
Phone
3075323133
Address
2441 East E Street, Torrington, WY 82240

Signing Officer

Name
Cheryl Stoeger
Title
Admin/Principal
Signed
2016-11-10
Discuss with paid preparer
Yes

Organization Details

Formed
2008
Legal Domicile
Wy
Voting Board Members
7
Independent Board Members
7
Employees
22
Volunteers
10

Preparer

Firm
Weisshaar & Associates LLC
Address
241 East 21st Avenue, Torrington, WY 82240-2819
Preparer
Trenda L Weisshaar CPA
Phone
3075328424
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IRS990/ReportLandBuildingEquipmentInd0true
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt0461
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IRS990ScheduleD/LandGrp/BookValueAmt020000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt020000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt020682
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IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
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IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
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IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0The nondiscriminatory policy is printed in all brochures released to the general public, and mentioned in all newspaper and radio ads.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 5 - Explanation of Organization Discrimination by Race
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0All persons who are eligible for membership and who desire to be members of the Corporation must make an initial written application for membership. The VCS School Board Membership Committee reviews all applications according to the eligibility requirements.Each corporation member shall subscribe to the biblical and educational principles of the VCS Corporation and must sign a statement to that effect. Membership is open to all persons according to the following criteria:1. A parent or guardian of a child enrolled in the School.2. A member of the pastoral advisory committee.3. A contributor to the School of $100.00 or more during the current school year.4. A member of the faculty or staff of the School.5. A member of the VCS Foundation Committee.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Qualified members may apply for the VCS School Board. Applications will be reviewed and approved by the Pastoral Advisory Committee. Open positions are filled by election from approved applications at the September VCS Corporation meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The VCS Corporation holds two stated meetings each year, one in September and the other in March, where members may vote on agenda items that come before them. The annual election of open positions for the VCS School Board members takes place at the September meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Form 990 is reviewed in detail with the administration of the School and approved by the School Board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4All Board members are required to sign the conflict of interest policy annually. VCS administrators and staff monitor and enforce compliance with the policy.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Salary for the Administrator is set by the members of the School Board based on a stepped salary scale. Raises to the base of the salary scale may or may not occur on a yearly basis. The salary scale used is well below that which is used by the local public school system.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6VCS School Board Members and Officers serve on a volunteer basis; no compensation is paid.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Documents are available upon request at the Valley Christian School offices.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
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IRS990/TaxExemptBondsInd0false
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