Totals
- Total revenue
- $3,668,327
- Total expenses
- $989,645
- Contributions and grants received
- $3,189,008
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $83,332
- Other revenue
- $395,987
- Total assets, end of year
- $16,441,958
- Total liabilities, end of year
- $4,696,529
- Net assets or fund balances, end of year
- $11,745,429
- Program services expenses (Part IX)
- $892,612
- Management and general expenses
- $34,140
- Fundraising expenses
- $62,893
- Program service expenses (Part III)
- $892,612
Program services were 90.2% 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.
-
1f · All other contributions, gifts and grants
$3,189,008
-
3 · Investment income
total $98,441 · related or exempt $98,441
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6a · Gross rents
real property $195,600 · personal property $24,075
-
6b · Less rental expenses
real property $14,849
-
6c · Rental income or loss
real property $180,751 · personal property $24,075
-
6d · Net rental income or loss
total $204,826 · excluded $204,826
-
7b · Less cost or other basis and sales expenses
other assets $15,109
-
7c · Gain or loss
other assets -$15,109
-
7d · Net gain or loss
total -$15,109 · related or exempt -$15,109
-
8a · Fundraising events: gross income
$236,217
-
8b · Fundraising events: direct expenses
$45,056
-
8c · Net income from fundraising events
total $191,161
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
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 $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $19,355 · management and general $19,355
-
12 · Advertising and promotion
total $4,376 · fundraising $4,376
-
13 · Office expenses
total $12,411 · management and general $12,411
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $200,853 · program services $200,853
-
21 · Payments to affiliates
total $457,160 · program services $457,160
-
22 · Depreciation, depletion and amortization
total $234,599 · program services $234,599
-
23 · Insurance
total $0
-
24a · Other expenses: Misc Fundraising
total $58,517 · fundraising $58,517
-
24b · Other expenses: Donor Relations
total $2,374 · management and general $2,374
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,532,699 · end of year $4,258,925
-
2 · Savings and temporary cash investments
beginning of year $770 · end of year $954
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
beginning of year $258 · end of year $145
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
beginning of year $1,034,943 · end of year $978,514
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$8,126,074
-
10b · Land, buildings and equipment: accumulated depreciation
$4,300,894
-
10c · Land, buildings and equipment, net
beginning of year $3,936,501 · end of year $3,825,180
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
beginning of year $6,666,512 · end of year $7,300,496
-
14 · Intangible assets
end of year $65,775
-
15 · Other assets
beginning of year $2 · end of year $11,969
-
17 · Accounts payable and accrued expenses
beginning of year $3,347 · end of year $1,471
-
23 · Secured mortgages and notes payable
beginning of year $4,101,591 · end of year $4,695,058
-
27 · Net assets without donor restrictions
beginning of year $7,255,095 · end of year $8,228,397
-
28 · Net assets with donor restrictions
beginning of year $1,811,652 · end of year $3,517,032
Mission and programs · 2022
Mission
EDUCATION
-
THIS EXEMPT ORGANIZATION PROVIDES A SCHOOL BUILDING TO HOUSE THE DAYSPRING CHRISTIAN ACADEMY - A TAX EXEMPT ORGANIZATION. THIS FOUNDATION BUILT A NEW SCHOOL FACILITY THAT WAS FIRST OCCUPIED FOR THE 2000-2001 SCHOOL YEAR. FUNDS ARE BEING RAISED TO SUPPORT THE ACADEMIC ACTIVITIES AT THE SCHOOL, MAINTAIN AND IMPROVE THE PROPERTY AND PROVIDE FOR FUTURE EXPANSION.
Expenses $892,612
As filed on the 2022 return.
Listed in Part VII
-
Weston Kurz
Executive Dir.
- Total calculated
- $87,696
- From this org
- $0
- From related orgs
- $87,696
- Other
- $0
- Hours/week
- 4 + 36 related
-
Sarah Willcutts
Vice President
- Total calculated
- $0
- Hours/week
- 1
-
Debi Armstrong
Director
- Total calculated
- $0
- Hours/week
- 1
-
Daniel Preshaw
Secretary
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Jack Mount
Director
- Total calculated
- $0
- Hours/week
- 1
-
Chuck Cooper
Director
- Total calculated
- $0
- Hours/week
- 1
-
Carlos Martinez
Director
- Total calculated
- $0
- Hours/week
- 1
-
Sam Reese
President
- Total calculated
- $0
- Hours/week
- 1
-
Randy Watkins
Director
- Total calculated
- $0
- Hours/week
- 1
-
Dan Flanagan
Director
- Total calculated
- $0
- Hours/week
- 1
-
Rusty Morgan
School Rep
- 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
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(c)3 · Provide general education of a Christian nature to K-12 · CO
Directly controlled by NA
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 1 February 2024
- IRS schema version
- 2022v5.0
- Source object
- 202410329349300631
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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