Skip to content
Nonprofiteer
← MIDLAND CHRISTIAN SCHOOL

Form 990 for tax year 2024

Filed by MIDLAND CHRISTIAN SCHOOL.

Totals

Total revenue
$29,122,171
Total expenses
$23,820,956
Contributions and grants received
$6,854,807
Grants paid
$4,549,770
Program service revenue
$20,986,589
Investment income
$853,585
Other revenue
$427,190
Total assets, end of year
$56,734,778
Total liabilities, end of year
$9,024,857
Net assets or fund balances, end of year
$47,709,921
Program services expenses (Part IX)
$18,425,636
Management and general expenses
$5,059,109
Fundraising expenses
$336,211
Program service expenses (Part III)
$18,425,636

Program services were 77.4% 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

    $68,823

  • 1e · Government grants (contributions)

    $177,100

  • 1f · All other contributions, gifts and grants

    $6,608,884

  • 1g · Noncash contributions included above

    $1,060,343

  • 2a · Program service revenue: TUITION & FEES

    total $19,827,665 · related or exempt $19,827,665

  • 2b · Program service revenue: CAFETERIA REVENUE

    total $51,009 · related or exempt $51,009

  • 2c · Program service revenue: STUDENT ACTIVITIES

    total $508,205 · related or exempt $508,205

  • 2d · Program service revenue: ACADEMIC/ATHLETIC EVENTS

    total $336,496 · related or exempt $336,496

  • 2e · Program service revenue: AFTER SCHOOL CARE

    total $263,214 · related or exempt $263,214

  • 3 · Investment income

    total $366,027 · excluded $366,027

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6a · Gross rents

    real property $147,698

  • 6c · Rental income or loss

    real property $147,698 · personal property $0

  • 6d · Net rental income or loss

    total $147,698 · excluded $147,698

  • 7a · Gross sales of assets other than inventory

    securities $2,773,960 · other assets $500

  • 7b · Less cost or other basis and sales expenses

    securities $2,286,902

  • 7c · Gain or loss

    securities $487,058 · other assets $500

  • 7d · Net gain or loss

    total $487,558 · excluded $487,558

  • 8a · Fundraising events: gross income

    $176,222

  • 8a · Fundraising events: contributions included on line 1c

    $68,823

  • 8b · Fundraising events: direct expenses

    $76,178

  • 8c · Net income from fundraising events

    total $100,044 · excluded $100,044

  • 9a · Gaming: gross income

    $0

  • 9b · Gaming: direct expenses

    $0

  • 9c · Net income from gaming

    total $0

  • 10a · Gross sales of inventory

    $0

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $0

  • 11a · Other revenue: MISCELLANEOUS INCOME

    total $179,448 · related or exempt $179,448

  • 11e · Other revenue, total

    $179,448

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0

  • 2 · Grants to domestic individuals

    total $4,549,770 · program services $4,549,770

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $428,358 · program services $349,776 · management and general $74,772 · fundraising $3,810

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $9,356,098 · program services $7,639,717 · management and general $1,633,158 · fundraising $83,223

  • 8 · Pension plan contributions

    total $348,347 · program services $284,442 · management and general $60,806 · fundraising $3,099

  • 9 · Other employee benefits

    total $1,231,935 · program services $1,005,936 · management and general $215,041 · fundraising $10,958

  • 10 · Payroll taxes

    total $708,685 · program services $578,676 · management and general $123,705 · fundraising $6,304

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $22,968 · management and general $22,968

  • 11c · Fees: accounting

    total $62,600 · management and general $62,600

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $36,719 · management and general $36,719

  • 11g · Fees: other

    total $930,067 · program services $175,089 · management and general $679,014 · fundraising $75,964

  • 12 · Advertising and promotion

    total $1,667 · program services $314 · management and general $1,217 · fundraising $136

  • 13 · Office expenses

    total $30,654 · program services $26,840 · management and general $3,003 · fundraising $811

  • 14 · Information technology

    total $981,697 · program services $184,809 · management and general $716,707 · fundraising $80,181

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $214,129 · program services $112,731 · management and general $101,398

  • 17 · Travel

    total $511,254 · program services $480,278 · management and general $18,211 · fundraising $12,765

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $4,201 · program services $3,946 · management and general $150 · fundraising $105

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $2,264,691 · program services $1,660,629 · management and general $571,240 · fundraising $32,822

  • 23 · Insurance

    total $312,938 · program services $94,208 · management and general $218,730

  • 24a · Other expenses: CURRICULUM & SUPPLIES

    total $846,416 · program services $486,113 · management and general $350,181 · fundraising $10,122

  • 24b · Other expenses: MEALS EXPENSE

    total $319,632 · program services $306,151 · management and general $10,645 · fundraising $2,836

  • 24c · Other expenses: DUES AND SUBSCRIPTIONS

    total $298,877 · program services $171,651 · management and general $123,652 · fundraising $3,574

  • 24d · Other expenses: ALL OTHER EXPENSES

    total $195,481 · program services $171,163 · management and general $19,148 · fundraising $5,170

  • 24e · All other expenses

    total $163,772 · program services $143,397 · management and general $16,044 · fundraising $4,331

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,101,414 · end of year $3,178,111

  • 2 · Savings and temporary cash investments

    beginning of year $56,131 · end of year $139,919

  • 3 · Pledges and grants receivable

    beginning of year $759,689 · end of year $2,955,806

  • 4 · Accounts receivable

    beginning of year $4,577,230 · end of year $1,583,559

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $262,619 · end of year $258,082

  • 10a · Land, buildings and equipment: cost or other basis

    $58,773,090

  • 10b · Land, buildings and equipment: accumulated depreciation

    $23,689,152

  • 10c · Land, buildings and equipment, net

    beginning of year $33,965,097 · end of year $35,083,938

  • 11 · Investments: publicly traded securities

    beginning of year $0 · end of year $0

  • 12 · Investments: other securities

    beginning of year $8,493,851 · end of year $8,848,743

  • 13 · Investments: program-related

    beginning of year $0 · end of year $0

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $4,686,620 · end of year $4,686,620

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,133,701 · end of year $1,132,381

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $6,942,392 · end of year $3,635,494

  • 20 · Tax-exempt bond liabilities

    beginning of year $0 · end of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $0 · end of year $0

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $4,536,620 · end of year $4,256,982

  • 27 · Net assets without donor restrictions

    beginning of year $41,398,683 · end of year $43,537,966

  • 28 · Net assets with donor restrictions

    beginning of year $891,255 · end of year $4,171,955

Mission and programs · 2024

Mission

WE EMPOWER STUDENTS TO LIVE FOR GOD, LOVE LIKE JESUS, AND LEARN FOR LIFE.

  • TUITION AND REGISTRATION: THE EDUCATION OF CHILDREN AGED PRESCHOOL THROUGH 12TH GRADE.

    Expenses $17,260,545 · Grants $4,549,770 · Revenue $19,827,665

  • AUXILARY EDUCATIONAL SERVICES INCLUDING ACADEMICS, ATHLETIC EVENTS, AND CAFETERIA INCOME.

    Expenses $935,956 · Revenue $1,075,158

  • CHILDCARE SERVICES: AFTER SCHOOL CARE FOR MCS STUDENTS AGED PRESCHOOL THROUGH 6TH GRADE.

    Expenses $229,135 · Revenue $263,214

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • GREGORY ANDERSON

    PRESIDENT

    Total calculated
    $250,137
    From this org
    $206,265
    From related orgs
    $0
    Other
    $43,872
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $189,265
    Bonus
    $17,000
    Other
    $0
    Deferred
    $24,719
    Nontaxable benefits
    $19,543
    Filer's total
    $250,527
  • RORY WAIDE

    CFO

    Total calculated
    $241,011
    From this org
    $190,335
    From related orgs
    $0
    Other
    $50,676
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $180,085
    Bonus
    $10,250
    Other
    $0
    Deferred
    $22,901
    Nontaxable benefits
    $28,165
    Filer's total
    $241,401
  • CHRIS RYBURN

    ATHLETIC DIRECTOR

    Total calculated
    $217,778
    From this org
    $160,606
    From related orgs
    $0
    Other
    $57,172
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $149,931
    Bonus
    $9,000
    Other
    $1,675
    Deferred
    $9,698
    Nontaxable benefits
    $47,865
    Filer's total
    $218,169
  • CHRIS CUNNINGHAM

    ASST. ATHLETIC DIRECTOR

    Total calculated
    $179,720
    From this org
    $153,510
    From related orgs
    $0
    Other
    $26,210
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $151,260
    Bonus
    $2,250
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $26,600
    Filer's total
    $180,110
  • BOBBY MESKER

    TRANSPORTATION DIRECTOR

    Total calculated
    $145,191
    From this org
    $116,515
    From related orgs
    $0
    Other
    $28,676
    Hours/week
    40
  • Doug Rawlins

    Principal

    Total calculated
    $139,831
    From this org
    $102,544
    From related orgs
    $0
    Other
    $37,287
    Hours/week
    40
  • JASON STOCKSTILL

    BOARD PRESIDENT

    Total calculated
    $0
    Hours/week
    2
  • TRAVIS MCGRAW

    BOARD VICE-PRESIDENT

    Total calculated
    $0
    Hours/week
    2
  • RYAN RIDDLE

    BOARD SECRETARY

    Total calculated
    $0
    Hours/week
    2
  • AUSTIN RAMSEY

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • CASEY ZACHRY

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • GARY GLASSCOCK

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • NIKKI HUGHES Thru June 2025

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • RITA BROWN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • WES GOTCHER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

SCHEDULE J, PART I, LINE 4B
THE FULL NAME OF THE PLAN IS MIDLAND CHRISTIAN SCHOOL 457 TOP HAT PLAN. THIS PLAN WAS ORIGINALLY EFFECTIVE ON OCTOBER 1, 2007. THE AMENDED AND RESTATED PROVISIONS OF THE PLAN BECOME EFFECTIVE ON NOVEMBER 1, 2022. THE PLAN'S RECORDS ARE MAINTAINED ON A TWELVE MONTH PERIOD OF TIME. THE PLAN IS FUNDED ANNUALLY AND ALL CONTRIBUTIONS VEST IMMEDIATELY. ONLY EMPLOYEES DESIGNATED IN WRITING BY THE EMPLOYER MAY PARTICIPATE IN THE PLAN. GENERALLY, BENEFITS UNDER THIS PLAN ARE INCLUDED IN THE EMPLOYEE'S TAXABLE INCOME WHEN THE AMOUNTS BECOME AVAILABLE. AN AMOUNT IS AVAILABLE TO THE EMPLOYEE WHEN THEY HAVE A RIGHT TO ELECT TO RECEIVE A DISTRIBUTION (EVEN IF THEY DO NOT ELECT TO CURRENTLY RECEIVE THE BENEFIT). THERE IS AN EXCEPTION WHERE THE EMPLOYEE CAN ELECT TO DELAY THE RECEIPT OF THE BENEFIT. CONTRIBUTIONS FOR THE CALENDAR YEAR TOTALED $24,000 TO THE PLAN.
SCHEDULE J, PART I, LINE 7
MERIT BONUSES WERE AWARDED BASED ON PERFORMANCE AT YEAR END.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
15 May 2025
IRS schema version
2024v5.2
Source object
202601349349300235

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.