Form 990 for tax year 2024
Filed by FT CAROLINE BAPTIST ACADEMY INC.
Totals
- Total revenue
- $421,929
- Total expenses
- $566,657
- Contributions and grants received
- $43,059
- Grants paid
- $20,150
- Program service revenue
- $382,927
- Investment income
- $0
- Other revenue
- -$4,057
- Total assets, end of year
- $197,776
- Total liabilities, end of year
- $2,655
- Net assets or fund balances, end of year
- $195,121
- Program services expenses (Part IX)
- $548,894
- Management and general expenses
- $17,763
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $566,656
Program services were 96.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$18,140
-
1e · Government grants (contributions)
$24,919
-
2a · Program service revenue: Tuition
total $182,277 · related or exempt $182,277
-
2b · Program service revenue: Voluntary Pre VPK tuition
total $150,675 · related or exempt $150,675
-
2c · Program service revenue: Enrollment Fees
total $49,975 · related or exempt $49,975
-
6c · Rental income or loss
real property $0 · personal property $0
-
6d · Net rental income or loss
total $0
-
7c · Gain or loss
securities $0 · other assets $0
-
7d · Net gain or loss
total $0
-
8b · Fundraising events: direct expenses
$4,164
-
8c · Net income from fundraising events
total -$4,164
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: Late Fees and NSF Fees
total $107 · related or exempt $107
-
11e · Other revenue, total
$107
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $20,150 · program services $20,150
-
5 · Compensation of officers, directors and key employees
total $74,700 · program services $74,700
-
7 · Other salaries and wages
total $293,309 · program services $293,309
-
9 · Other employee benefits
total $32,781 · program services $32,781
-
10 · Payroll taxes
total $27,965 · program services $27,965
-
11c · Fees: accounting
total $6,954 · program services $6,954
-
12 · Advertising and promotion
total $357 · program services $357
-
13 · Office expenses
total $8,777 · management and general $8,777
-
16 · Occupancy
total $8,986 · management and general $8,986
-
19 · Conferences, conventions and meetings
total $2,295 · program services $2,295
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $10,132 · program services $10,132
-
24a · Other expenses: Supplies
total $23,707 · program services $23,707
-
24b · Other expenses: Student Activities
total $7,682 · program services $7,682
-
24c · Other expenses: Maintenance
total $46,988 · program services $46,988
-
24d · Other expenses: Gifts & Incentives
total $1,874 · program services $1,874
-
24e · All other expenses
total $0 · program services $0 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $323,767 · end of year $197,776
-
4 · Accounts receivable
beginning of year $4,372 · end of year $0
-
8 · Inventories for sale or use
beginning of year $16,436 · end of year $0
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $4,727 · end of year $2,655
Mission and programs · 2024
Mission
Provide Early Childhood Education for 92 Students, Employing 24 Staff and 2 Admin, Weekly Chapel Services, Religious Education and Music
Activities or mission (Part I)
Provide early childhood Christian ED for 92 Students and employing 20 Staff and 2 Admin
-
Provide Early Childhood Education for 92 Students, Employing 24 Staff and 2 Admin, Weekly Chapel Services, Religious Education and Music
Expenses $566,656 · Grants $24,919 · Revenue $425,305
As filed on the 2024 return.
Listed in Part VII
-
Evelynn B Livingston
Academy Director
- Total calculated
- $74,700
- From this org
- $74,700
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Lori Gray
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Harold Jones
President / Director
- Total calculated
- $0
- Hours/week
- 1
-
Pamela Becker
Vice President / Director
- Total calculated
- $0
- Hours/week
- 1
-
Elisa Morales
Secretary Treasurer / Director
- Total calculated
- $0
- Hours/week
- 1
-
Melinda Farford
Director
- Total calculated
- $0
- Hours/week
- 1
-
Linda Mack
Director
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
$20,150
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 19 June 2025
- IRS schema version
- 2024v5.2
- Source object
- 202521779349300222
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.