Totals
- Total revenue
- $2,951,316
- Total expenses
- $2,883,224
- Contributions and grants received
- $68,028
- Grants paid
- $0
- Program service revenue
- $2,812,550
- Investment income
- $58,578
- Other revenue
- $12,160
- Total assets, end of year
- $4,821,934
- Total liabilities, end of year
- $24,635
- Net assets or fund balances, end of year
- $4,797,299
- Program services expenses (Part IX)
- $2,579,814
- Management and general expenses
- $296,161
- Fundraising expenses
- $5,426
- Program service expenses (Part III)
- $2,579,814
Program services were 89.5% 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
$68,028
-
2a · Program service revenue: Tuition - Net of refunds
total $2,812,550 · related or exempt $2,812,550
-
3 · Investment income
total $58,578 · excluded $58,578
-
11a · Other revenue: Miscellaneous Income
total $12,160 · related or exempt $12,160
-
11e · Other revenue, total
$12,160
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 $181,695 · program services $163,526 · management and general $18,169
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $1,095,903 · program services $1,003,780 · management and general $92,123
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $96,226 · program services $88,582 · management and general $7,644
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $36,627 · program services $12,598 · management and general $24,029
-
11d · Fees: lobbying
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $61,225 · program services $54,715 · management and general $5,510 · fundraising $619
-
13 · Office expenses
total $58,999 · program services $51,574 · management and general $4,825 · fundraising $1,158
-
14 · Information technology
total $27,920 · program services $23,435 · management and general $4,485
-
15 · Royalties
total $0
-
16 · Occupancy
total $720,550 · program services $652,098 · management and general $68,452
-
17 · Travel
total $8,900 · program services $5,798 · management and general $3,102
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $146,888 · program services $124,734 · management and general $22,154
-
24a · Other expenses: Field trips, student related expenses
total $202,747 · program services $195,733 · management and general $7,014
-
24b · Other expenses: Lunch service fees
total $15,026 · program services $11,345 · management and general $3,681
-
24c · Other expenses: Taxes and licenses
total $74,905 · program services $53,995 · management and general $20,910
-
24d · Other expenses: Repairs and maintenance
total $123,752 · program services $118,737 · management and general $5,015
-
24e · All other expenses
total $31,861 · program services $19,164 · management and general $9,048 · fundraising $3,649
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $400,181 · end of year $434,330
-
2 · Savings and temporary cash investments
beginning of year $3,509,237 · end of year $3,567,815
-
10a · Land, buildings and equipment: cost or other basis
$130,696
-
10c · Land, buildings and equipment, net
beginning of year $130,696 · end of year $130,696
-
15 · Other assets
beginning of year $689,093 · end of year $689,093
-
17 · Accounts payable and accrued expenses
end of year $24,635
-
27 · Net assets without donor restrictions
beginning of year $4,729,207 · end of year $4,797,299
Mission and programs · 2022
Mission
New Covenant Academy NCA is a Christian college preparatory school. NCAs mission is to educate, enable, and equip the Christian Leaders of Tomorrow. NCA is committed to offering theologically sound, balanced, and practical Christian education to its students grades 1 thru 12.
Activities or mission (Part I)
New Covenant Academy is a Christian school committed to providing Christian education to children from the 1st through 12th grades. The organization requires that its students participate in chapel and workship.
-
New Covenant Academy is a nonprofit educational institution for grades 1 thru 12. NCA is a Christian school committed to providing Christian education. All students are required to take bible as a subject and participate in regular school activities such as Chapel and Worship.
Expenses $2,579,814
As filed on the 2022 return.
Listed in Part VII
-
Jason Song
Chief Executive Officer
- Total calculated
- $103,545
- From this org
- $96,345
- From related orgs
- $0
- Other
- $7,200
- Hours/week
- 50
-
Kara Song
Secretary/Treasurer
- Total calculated
- $92,550
- From this org
- $85,350
- From related orgs
- $0
- Other
- $7,200
- Hours/week
- 40
-
Rev Ted Kim
Director/Advisor
- Total calculated
- $0
- Hours/week
- 1
-
Dean Kim
Director
- Total calculated
- $0
- Hours/week
- 1
-
Dr Christopher Quinn
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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202431359349313663
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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