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← TWELVE STONES CHRISTIAN ACADEMY

Form 990 for tax year 2024

Filed by TWELVE STONES CHRISTIAN ACADEMY.

Totals

Total revenue
$1,242,795
Total expenses
$2,984,833
Contributions and grants received
$628,346
Grants paid
$138,000
Program service revenue
$611,619
Investment income
$0
Other revenue
$2,830
Total assets, end of year
$7,861,083
Total liabilities, end of year
$10,791,419
Net assets or fund balances, end of year
-$2,930,336
Program services expenses (Part IX)
$2,984,833
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$2,984,833

Program services were 100.0% 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

    $628,346

  • 2a · Program service revenue: TUITION

    total $543,609 · related or exempt $543,609

  • 2b · Program service revenue: CURRICULUM & LAB FEES

    total $42,325 · related or exempt $42,325

  • 2c · Program service revenue: OTHER REVENUE

    total $18,994 · related or exempt $18,994

  • 2d · Program service revenue: FOOD & BEVERAGE REV

    total $6,491 · related or exempt $6,491

  • 2e · Program service revenue: ABC REVENUES

    total $200 · related or exempt $200

  • 11a · Other revenue: BOOKS & VIDEO REVENUES

    total $2,206 · related or exempt $2,206

  • 11b · Other revenue: GENERAL CURRICILA REV

    total $439 · related or exempt $439

  • 11c · Other revenue: APPAREL REVENUES

    total $100 · related or exempt $100

  • 11d · All other revenue

    total $85 · related or exempt $85

  • 11e · Other revenue, total

    $2,830

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $138,000 · program services $138,000

  • 7 · Other salaries and wages

    total $1,202,614 · program services $1,202,614

  • 9 · Other employee benefits

    total $82,375 · program services $82,375

  • 10 · Payroll taxes

    total $87,178 · program services $87,178

  • 11a · Fees: management

    total $30,000 · program services $30,000

  • 11g · Fees: other

    total $35,085 · program services $35,085

  • 12 · Advertising and promotion

    total $4,747 · program services $4,747

  • 13 · Office expenses

    total $137,623 · program services $137,623

  • 14 · Information technology

    total $12,544 · program services $12,544

  • 16 · Occupancy

    total $650,910 · program services $650,910

  • 17 · Travel

    total $5,428 · program services $5,428

  • 22 · Depreciation, depletion and amortization

    total $571,372 · program services $571,372

  • 24a · Other expenses: DUES, SUBSCRIPTIONS, AND

    total $7,393 · program services $7,393

  • 24b · Other expenses: COST OF GOODS SOLD

    total $4,748 · program services $4,748

  • 24c · Other expenses: TRAINING

    total $4,693 · program services $4,693

  • 24d · Other expenses: SERVICE AWARDS

    total $4,500 · program services $4,500

  • 24e · All other expenses

    total $5,623 · program services $5,623

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $100 · end of year $42,792

  • 4 · Accounts receivable

    beginning of year $171,547 · end of year $225,085

  • 7 · Other notes and loans receivable

    end of year $4,000

  • 8 · Inventories for sale or use

    end of year $24,763

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

    $1,877,119

  • 10c · Land, buildings and equipment, net

    beginning of year $1,821,818 · end of year $1,877,119

  • 15 · Other assets

    beginning of year $5,407,622 · end of year $5,687,324

  • 17 · Accounts payable and accrued expenses

    beginning of year $58,868 · end of year $625,970

  • 19 · Deferred revenue

    beginning of year $235,776 · end of year $346,207

  • 25 · Other liabilities

    beginning of year $8,432,745 · end of year $9,819,242

  • 27 · Net assets without donor restrictions

    beginning of year -$1,326,302 · end of year -$2,930,340

Mission and programs · 2024

Mission

WITH ACADEMIC EXCELLENCE, THE ACADEMY PARTNERS WITH CHRISTIAN PARENTS IN THEIR ROLES OF EDUCATING AND DISCIPLINING THEIR CHILDREN. WE STAND ON THE AUTHORITY OF GOD'S WORD IN ALL AREAS, AND TRAIN STUDENTS TO THINK BIBLICALLY AND CRITICALLY IN ALL SUBJECTS.

Activities or mission (Part I)

TWELVE STONES CHRISTIAN ACADEMY PARTNERS WITH CHRISTIAN PARENTS IN THEIR ROLES OF EDUCATING THEIR CHILDREN. THE ACADEMY STRIVES FOR EXCELLENCE IN ALL EDUCATIONAL PURSUITS.

  • EDUCATION OF ELEMENTARY AND JUNIOR HIGH STUDENTS.

    Expenses $2,846,833 · Revenue $611,619

  • Expenses $138,000 · Grants $138,000

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

Listed in Part VII

  • Kenneth Ham

    TREASURER

    Total calculated
    $291,138
    From this org
    $0
    From related orgs
    $267,062
    Other
    $24,076
    Hours/week
    5 + 35 related

    Schedule J breakdown matched by us

    Base
    not reported + $267,062 related
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported + $832 related
    Nontaxable benefits
    not reported + $23,244 related
    Filer's total
    not reported + $291,138 related

  • John Pence

    SECRETARY

    Total calculated
    $149,245
    From this org
    $0
    From related orgs
    $124,987
    Other
    $24,258
    Hours/week
    5 + 55 related

  • Dr Georgia Purdom

    BOARD MEMBER

    Total calculated
    $133,957
    From this org
    $0
    From related orgs
    $106,512
    Other
    $27,445
    Hours/week
    5 + 35 related

  • Renee Hodge

    TREASURER

    Total calculated
    $112,025
    From this org
    $0
    From related orgs
    $85,135
    Other
    $26,890
    Hours/week
    40

  • John Pinkston

    PRESIDENT

    Total calculated
    $0
    Hours/week
    5

  • Dr Jennifer Rivera

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5

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

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 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
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

SCHEDULE J, PAGE 1, PART I, LINE 3
THE ORGANIZATION RELIED ON A RELATED ORGANIZATION THAT USED ONE OR MORE OF THE METHODS IN QUESTION 3 TO ESTABLISH COMPENSATION.

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.

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.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • ARK ENCOUNTER LLC

    PROPERTY · MO

    Directly controlled by CROSSWATER CANYON INC

  • ARK DEVELOPMENT LLC

    PROPERTY · KY

    Directly controlled by ANSWERS IN GENESIS

  • TAKENBAC ENTERPRISES

    PROPERTY · KY

    Directly controlled by ANSWERS IN GENESIS

  • PARKING LOT VENTURES

    PROPERTY · KY

    Directly controlled by ANSWERS COLLECTIVE INC

Provenance

Return type
form_990
Tax year
2024
Filed
17 November 2025
IRS schema version
2024v5.0
Source object
202503219349312660

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