Totals
- Total revenue
- $4,924,302
- Total expenses
- $4,634,031
- Contributions and grants received
- $1,067,017
- Grants paid
- $0
- Program service revenue
- $3,465,702
- Investment income
- $263,328
- Other revenue
- $128,255
- Total assets, end of year
- $18,731,519
- Total liabilities, end of year
- $8,953,219
- Net assets or fund balances, end of year
- $9,778,300
- Program services expenses (Part IX)
- $3,355,814
- Management and general expenses
- $1,031,530
- Fundraising expenses
- $246,687
- Program service expenses (Part III)
- $3,355,814
Program services were 72.4% 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.
-
1f · All other contributions, gifts and grants
$1,067,017
-
1g · Noncash contributions included above
$101,555
-
2a · Program service revenue: TUITION & FEES
total $3,036,177 · related or exempt $3,036,177
-
2b · Program service revenue: STUDENT ACTIVITIES
total $230,693 · related or exempt $230,693
-
2c · Program service revenue: CONSERVATORY INCOME
total $198,832 · related or exempt $198,832
-
3 · Investment income
total $33,169 · excluded $33,169
-
6a · Gross rents
real property $117,036
-
6b · Less rental expenses
real property $29,095
-
6c · Rental income or loss
real property $87,941
-
6d · Net rental income or loss
total $87,941 · excluded $87,941
-
7a · Gross sales of assets other than inventory
securities $29,730 · other assets $400,000
-
7b · Less cost or other basis and sales expenses
securities $29,371 · other assets $170,200
-
7c · Gain or loss
securities $359 · other assets $229,800
-
7d · Net gain or loss
total $230,159 · excluded $230,159
-
8a · Fundraising events: gross income
$9,727
-
8b · Fundraising events: direct expenses
$0
-
8c · Net income from fundraising events
total $9,727 · excluded $9,727
-
10a · Gross sales of inventory
$8,212
-
10b · Cost of goods sold
$5,643
-
10c · Net income from sales of inventory
total $2,569 · related or exempt $2,569
-
11a · Other revenue: MISCELLANEOUS INCOME
total $28,018 · related or exempt $28,018
-
11e · Other revenue, total
$28,018
Functional expenses
Part IX, the statement of functional expenses.
-
6 · Compensation of disqualified persons
total $343,044 · program services $161,312 · management and general $168,258 · fundraising $13,474
-
7 · Other salaries and wages
total $1,991,755 · program services $1,521,733 · management and general $362,818 · fundraising $107,204
-
8 · Pension plan contributions
total $32,534 · program services $22,601 · management and general $8,654 · fundraising $1,279
-
9 · Other employee benefits
total $234,877 · program services $180,132 · management and general $36,616 · fundraising $18,129
-
10 · Payroll taxes
total $204,293 · program services $149,077 · management and general $44,730 · fundraising $10,486
-
11b · Fees: legal
total $1,000 · management and general $1,000
-
11c · Fees: accounting
total $18,785 · management and general $18,785
-
11g · Fees: other
total $27,238 · program services $24,602 · management and general $1,936 · fundraising $700
-
12 · Advertising and promotion
total $57,675 · management and general $619 · fundraising $57,056
-
16 · Occupancy
total $206,310 · program services $162,572 · management and general $38,580 · fundraising $5,158
-
20 · Interest
total $510,129 · program services $401,982 · management and general $95,394 · fundraising $12,753
-
22 · Depreciation, depletion and amortization
total $401,391 · program services $311,208 · management and general $74,544 · fundraising $15,639
-
23 · Insurance
total $20,373 · management and general $20,373
-
24a · Other expenses: CURRICULUM & SUPPLIES
total $147,250 · program services $91,862 · management and general $53,890 · fundraising $1,498
-
24b · Other expenses: GRAND TOUR EXPENSE
total $89,938 · program services $89,938
-
24c · Other expenses: STATE EXCISE TAXES
total $67,700 · management and general $67,700
-
24d · Other expenses: ATHLETICS EXPENSE
total $60,677 · program services $60,677
-
24e · All other expenses
total $219,062 · program services $178,118 · management and general $37,633 · fundraising $3,311
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $166,439 · end of year $8,761
-
2 · Savings and temporary cash investments
beginning of year $581,997 · end of year $914,699
-
3 · Pledges and grants receivable
beginning of year $995,529 · end of year $499,605
-
4 · Accounts receivable
beginning of year $10,880 · end of year $7,348
-
7 · Other notes and loans receivable
beginning of year $0 · end of year $400,000
-
9 · Prepaid expenses and deferred charges
beginning of year $88,957 · end of year $65,458
-
10a · Land, buildings and equipment: cost or other basis
$17,546,081
-
10b · Land, buildings and equipment: accumulated depreciation
$720,990
-
10c · Land, buildings and equipment, net
beginning of year $16,820,240 · end of year $16,825,091
-
12 · Investments: other securities
beginning of year $9,169 · end of year $10,557
-
15 · Other assets
beginning of year $433,402 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $738,187 · end of year $91,189
-
19 · Deferred revenue
beginning of year $678,605 · end of year $682,862
-
23 · Secured mortgages and notes payable
beginning of year $7,775,536 · end of year $8,179,168
-
25 · Other liabilities
beginning of year $427,537 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $9,477,748 · end of year $9,773,900
-
28 · Net assets with donor restrictions
beginning of year $9,000 · end of year $4,400
Mission and programs · 2023
Mission
THE OAKS EXISTS TO PARTNER WITH PARENTS WHO SEEK TO GRADUATE CLASSICALLY EDUCATED YOUNG MEN AND WOMEN WHO GLORIFY CHRIST, SHAPE CULTURE, AND SHINE THE LIGHT OF GOD'S TRUTH IN EVERY ENDEAVOR OF LIFE.
Activities or mission (Part I)
TO PROVIDE PRIVATE RELIGIOUS EDUCATION
-
355 STUDENTS (K-12) ENROLLED IN THE OAKS CLASSICAL AND CHRISTIAN ACADEMY DURING THE 2023-2024 SCHOOL YEAR
Expenses $2,568,501 · Revenue $3,036,177
-
STUDENTS PARTICIPATED IN 7 ATHLETIC PROGRAMS, 8 FIELD TRIPS, 2 SCHOOL PLAYS, AND OTHER ACTIVITIES DURING THE 2023-2024 SCHOOL YEAR
Expenses $443,261 · Revenue $230,693
-
161 STUDENTS ENROLLED IN THE OAKS CONSERVATORY FOR THE CREATIVE AND PERFORMING ARTS DURING THE 2023-2024 SCHOOL YEAR
Expenses $344,052 · Revenue $198,832
As filed on the 2023 return.
Listed in Part VII
-
Mark SmithMARK SMITH
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2.5
-
Craig SchurterCRAIG SCHURTER
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 2.5
-
Merrill MillerMERRILL MILLER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2.5
-
Brian SchultzBRIAN SCHULTZ
SECRETARY
- Total calculated
- $0
- Hours/week
- 2.5
-
Charlie DowersCHARLIE DOWERS
HEAD OF SCHOOL
- Total calculated
- $134,743
- From this org
- $104,712
- From related orgs
- $0
- Other
- $30,031
- Hours/week
- 40
-
Kenneth TrotterKENNETH TROTTER
DEAN
- Total calculated
- $107,539
- From this org
- $104,186
- From related orgs
- $0
- Other
- $3,353
- Hours/week
- 40
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.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 30 June 2025
- IRS schema version
- 2023v6.0
- Source object
- 202541969349300749
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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