Civic Intelligence

Willamette Valley Christian School

990 • Fiscal year 2019 • EIN 93-1058134

Jul 01, 2018 to Jun 30, 2019 • Filed on Feb 07, 2020

9075 Pueblo Ave NESalem, OR 97305

(503) 393-5236

Siviq Scores

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

Liabilities / Assets

80th percentile

0.45x

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

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

Liabilities / Revenue

82nd percentile

0.64x

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

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

Net Margin

59th percentile

7.0%

Higher net margin than 59% of similar nonprofits.

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

Top Officer Pay

44th percentile

$47,493

Higher top officer pay than 44% of similar nonprofits.

Top officer pay equals 4.7% of source-year revenue.

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

Asset Growth

78th percentile

18%

Faster asset growth than 78% of similar nonprofits.

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

Revenue Growth

47th percentile

2.8%

Faster revenue growth than 47% of similar nonprofits.

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

Assets

Up

$1,425,646

Up $222,095 (+18%) from 2018

Net Assets

Up

$779,467

Up $70,260 (+9.9%) from 2018

Liabilities

Up

$646,179

Up $151,835 (+31%) from 2018

Revenue

Up

$1,010,582

Up $27,882 (+2.8%) from 2018

Expenses

Up

$940,322

Up $70,462 (+8.1%) from 2018

Net Income

Down

$70,260

Down $42,580 (-38%) from 2018

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KAssets 2012: $498,854Liabilities 2012: $557,795Net Assets 2012: -$58,9412012Assets 2013: $573,191Liabilities 2013: $624,536Net Assets 2013: -$51,3452013Assets 2014: $493,057Liabilities 2014: $488,520Net Assets 2014: $4,5372014Assets 2015: $1,012,830Liabilities 2015: $432,627Net Assets 2015: $580,2032015Assets 2016: $1,044,534Liabilities 2016: $427,898Net Assets 2016: $616,6362016Assets 2017: $1,100,614Liabilities 2017: $504,247Net Assets 2017: $596,3672017Assets 2018: $1,203,551Liabilities 2018: $494,344Net Assets 2018: $709,2072018Assets 2019: $1,425,646Liabilities 2019: $646,179Net Assets 2019: $779,4672019Assets 2020: $1,671,502Liabilities 2020: $727,256Net Assets 2020: $944,2462020Assets 2021: $1,751,236Liabilities 2021: $764,614Net Assets 2021: $986,6222021Assets 2022: $1,865,748Liabilities 2022: $562,617Net Assets 2022: $1,303,1312022Assets 2023: $1,898,327Liabilities 2023: $540,498Net Assets 2023: $1,357,8292023Assets 2024: $1,868,880Liabilities 2024: $519,377Net Assets 2024: $1,349,5032024

Highlighted filing

2019

Assets$1,425,646
Liabilities$646,179
Net Assets$779,467

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2012: $610,4362012Expenses 2013: $671,7202013Revenue 2014: $913,223Expenses 2014: $857,342Net Income 2014: $55,8812014Revenue 2015: $1,558,070Expenses 2015: $982,405Net Income 2015: $575,6652015Revenue 2016: $1,002,616Expenses 2016: $966,183Net Income 2016: $36,4332016Revenue 2017: $992,284Expenses 2017: $1,012,553Net Income 2017: -$20,2692017Revenue 2018: $982,700Expenses 2018: $869,860Net Income 2018: $112,8402018Revenue 2019: $1,010,582Expenses 2019: $940,322Net Income 2019: $70,2602019Revenue 2020: $1,070,866Expenses 2020: $906,087Net Income 2020: $164,7792020Revenue 2021: $947,258Expenses 2021: $904,882Net Income 2021: $42,3762021Revenue 2022: $1,518,700Expenses 2022: $1,202,191Net Income 2022: $316,5092022Revenue 2023: $1,415,195Expenses 2023: $1,360,497Net Income 2023: $54,6982023Revenue 2024: $1,554,187Expenses 2024: $1,562,513Net Income 2024: -$8,3262024

Highlighted filing

2019

Revenue$1,010,582
Expenses$940,322
Net Income$70,260
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Feb 7, 2020
Return Version
2018v3.2
Gross Receipts
$1,020,613
Mission and Program Overview

Mission

Willamette valley christian school operates a pre-school through grade 12 school. Emphasis in the school will be christian application to life. The primary purpose of the school shall be to provide opportunity for students to study on the elementary and secondary level, in a christ centered academic environment. Further purposes call for development in the following areas: spiritual, intellectual, social, cultural and physical.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$317,165$295,065▼ $22,100
Savings and Temporary Cash Investments$200,077$145,569▼ $54,508
Accounts Receivable$25,096$20,758▼ $4,338
Intangible Assets$4,421$2,395▼ $2,026
Total Assets$1,203,551$1,425,646▲ $222,095
Other Assets Total$656,792$961,859▲ $305,067
Liabilities
Mortgage Notes Payable Secured by Investment Property$445,512$429,108▼ $16,404
Unsecured Notes Loans Payable-$140,000-
Accounts Payable and Accrued Expenses$48,832$77,071▲ $28,239
Total Liabilities$494,344$646,179▲ $151,835
Net Assets / Fund Balance
Unrestricted Net Assets$699,219$770,442▲ $71,223
Temporarily Rstr Net Assets$9,988$9,025▼ $963
Total Net Assets Fund Balance$709,207$779,467▲ $70,260
Total Liabilities and Net Assets / Fund Balance$1,203,551$1,425,646▲ $222,095

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$259,914$316,865$576,779
Equipment$29,355$67,123$96,478
Land$5,796-$5,796
Other Assets Org$961,859--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Debbie TiptonAdministratoFT$47,493$47,493
Aaron HunterTreasurer-$4,400$4,400

Board Members and Trustees

NameTitle
Dan SullengerChairman
Brett PembleVice Chair
Destinee SchusterMember
Doug HigginsMember
Josh GordonMember
Janiece GwynnSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$136,836
Program Service Revenue
$815,475
Investment Income
$24
Other Revenue
$58,247
All Other Contributions
$22,850
Change in Net Assets
$70,260
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$610,480
Other Expenses$329,842
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$512,094$47,493-$559,587
All Other Expenses$55,605--$55,605
Payroll Taxes$44,199$4,099-$48,298
Occupancy$34,392--$34,392
Depreciation Depletion$24,125--$24,125
Interest$19,543--$19,543
Other Expenses$18,895--$18,895
Insurance$12,658--$12,658
Office Expenses$4,442--$4,442
Pension Plan Contributions$2,595--$2,595
Fees for Services Accounting$1,917--$1,917
Advertising$445--$445
Total Functional Expenses$888,730$51,592$0$940,322
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$68,278
Fundraising Direct Expenses$10,031
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Auction/dinner$48,443$48,443$7,416$41,027
Miscellaneous F$19,835$19,835$2,615$17,220
Total Events$68,278$68,278$10,031$58,247
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
No
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
No
Other officer compensation reviewed
No
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

Draf 990 form reviewed by treasurer and board chair.

Form 990, Page 6, Part VI, Line 19

All items available upon request.

Filing and Contact Details

Filer

Filer Name
Willamette Valley Christian School
EIN
93-1058134
Phone
5033935236
Address
9075 PUEBLO AVE NE, SALEM, OR 97305

Signing Officer

Name
Sheila Homolka
Title
Finance Officer
Phone
5033935236
Signed
2020-02-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dan Sullenger
Formed
1967
Legal Domicile
Or
Voting Board Members
8
Independent Board Members
8
Employees
45
Volunteers
175

Preparer

Firm
Brenner & Company Llp
Address
PO BOX 12746, SALEM, OR 97309-0746
Preparer
David R Howell CPA
Phone
5035858414
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Willamette valley christian school operates a pre-school through grade 12 school. Emphasis in the school will be christian application to life. The primary purpose of the school shall be to provide opportunity for students to study on the elementary and secondary level, in a christ centered academic environment. Further purposes call for development in the following areas: spiritual, intellectual, social, cultural and physical.

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IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COL OR, NATIONAL OR ETHNIC ORIGIN IN ADMINISTRATION OF ITS EDUCATIO NAL POLICIES, ADMISSIONS POLICIES, SCHOLARSHIP, LOAN, ATHLETIC AND OTHER SCHOOL-ADMINISTERED PROGRAMS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0WILLAMETTE VALLEY CHRISTIAN SCHOOL OPERATES A PRE-SCHOOL THROUGH GRADE 12 SCHOOL. EMPHASIS IN THE SCHOOL WILL BE CHRISTIAN APPLICATION TO LIFE. THE PRIMARY PURPOSE OF THE SCHOOL SHALL BE TO PROVIDE OPPORTUNITY FOR STUDENTS TO STUDY ON THE ELEMENTARY AND SECONDARY LEVEL, IN A CHRIST CENTERED ACADEMIC ENVIRONMENT. FURTHER PURPOSES CALL FOR DEVELOPMENT IN THE FOLLOWING AREAS: SPIRITUAL, INTELLECTUAL, SOCIAL, CULTURAL AND PHYSICAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DRAF 990 FORM REVIEWED BY TREASURER AND BOARD CHAIR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL ITEMS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
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ReturnHeader/BuildTS02020-09-23 17:36:50Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0SHEILA HOMOLKA
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ReturnHeader/BusinessOfficerGrp/SignatureDt02020-02-07
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ReturnHeader/FilingSecurityInformation/IPTm014:04:44
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ReturnHeader/PreparerPersonGrp/PreparationDt02020-02-08
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ReturnHeader/ReturnTs02020-03-07T14:04:44-06:00
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ReturnHeader/TaxPeriodBeginDt02018-07-01
ReturnHeader/TaxPeriodEndDt02019-06-30
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.87$0.52$1.35$1.55$1.56$0.01
2023Detailed filing. Detailed filing data is available for this year.$1.90$0.54$1.36$1.42$1.36$0.05
2022Detailed filing. Detailed filing data is available for this year.$1.87$0.56$1.30$1.52$1.20$0.32
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.75$0.76$0.99$0.95$0.90$0.04
2020Detailed filing. Detailed filing data is available for this year.$1.67$0.73$0.94$1.07$0.91$0.16
2019Detailed filing. Detailed filing data is available for this year.$1.43$0.65$0.78$1.01$0.94$0.07
2018Detailed filing. Detailed filing data is available for this year.$1.20$0.49$0.71$0.98$0.87$0.11
2017Detailed filing. Detailed filing data is available for this year.$1.10$0.50$0.60$0.99$1.01$0.02
2016Detailed filing. Detailed filing data is available for this year.$1.04$0.43$0.62$1.00$0.97$0.04
2015Detailed filing. Detailed filing data is available for this year.$1.01$0.43$0.58$1.56$0.98$0.58
2014Detailed filing. Detailed filing data is available for this year.$0.49$0.49$0.00$0.91$0.86$0.06
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.57$0.62$0.05$0.67
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.50$0.56$0.06$0.61