Form 990 for tax year 2023
Filed by MIAMI VALLEY CHRISTIAN ACADEMY.
Totals
- Total revenue
- $10,513,760
- Total expenses
- $8,827,568
- Contributions and grants received
- $2,463,087
- Grants paid
- $453,541
- Program service revenue
- $7,765,162
- Investment income
- $52,929
- Other revenue
- $232,582
- Total assets, end of year
- $11,546,982
- Total liabilities, end of year
- $2,762,465
- Net assets or fund balances, end of year
- $8,784,517
- Program services expenses (Part IX)
- $6,424,881
- Management and general expenses
- $1,853,718
- Fundraising expenses
- $548,969
- Program service expenses (Part III)
- $6,424,881
Program services were 72.8% 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.
-
1e · Government grants (contributions)
$976,072
-
1f · All other contributions, gifts and grants
$1,487,015
-
2a · Program service revenue: TUITION AND FEES
total $6,878,675 · related or exempt $6,878,675
-
2b · Program service revenue: SCHOOL PROGRAMS
total $886,487 · related or exempt $886,487
-
3 · Investment income
total $40,068 · excluded $40,068
-
6a · Gross rents
real property $65,455
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $65,455
-
6d · Net rental income or loss
total $65,455 · excluded $65,455
-
7a · Gross sales of assets other than inventory
securities $1,699,881
-
7b · Less cost or other basis and sales expenses
securities $1,687,020
-
7c · Gain or loss
securities $12,861
-
7d · Net gain or loss
total $12,861 · excluded $12,861
-
11a · Other revenue: MISCELLANEOUS INCOME
total $167,127 · excluded $167,127
-
11e · Other revenue, total
$167,127
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $453,541 · program services $453,541
-
5 · Compensation of officers, directors and key employees
total $209,828 · program services $149,203 · management and general $49,249 · fundraising $11,376
-
7 · Other salaries and wages
total $4,418,532 · program services $3,360,846 · management and general $801,878 · fundraising $255,808
-
9 · Other employee benefits
total $359,169 · program services $1,045 · management and general $358,124
-
10 · Payroll taxes
total $331,532 · program services $250,892 · management and general $61,056 · fundraising $19,584
-
11b · Fees: legal
total $863 · management and general $863
-
11c · Fees: accounting
total $126,905 · management and general $126,905
-
11g · Fees: other
total $113,811 · management and general $113,811
-
12 · Advertising and promotion
total $92,168 · program services $16,527 · management and general $1,678 · fundraising $73,963
-
13 · Office expenses
total $26,267 · program services $18,175 · management and general $2,402 · fundraising $5,690
-
16 · Occupancy
total $532,033 · program services $446,215 · management and general $48,481 · fundraising $37,337
-
17 · Travel
total $90,742 · program services $89,197 · management and general $1,437 · fundraising $108
-
20 · Interest
total $40,747 · program services $33,138 · management and general $7,609
-
22 · Depreciation, depletion and amortization
total $473,054 · program services $473,054
-
23 · Insurance
total $91,449 · management and general $91,449
-
24a · Other expenses: SCHOOL PROGRAM
total $715,891 · program services $479,595 · management and general $148,183 · fundraising $88,113
-
24b · Other expenses: SUPPLIES AND EVENTS
total $246,293 · program services $196,746 · management and general $1,507 · fundraising $48,040
-
24c · Other expenses: REPAIRS & MAINTENANCE
total $80,386 · program services $68,306 · management and general $11,844 · fundraising $236
-
24d · Other expenses: EQUIPMENT RENTAL
total $61,734 · program services $35,919 · management and general $25,815
-
24e · All other expenses
total $362,623 · program services $352,482 · management and general $1,427 · fundraising $8,714
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $331,737 · end of year $646,462
-
2 · Savings and temporary cash investments
beginning of year $46,230
-
3 · Pledges and grants receivable
beginning of year $502,254 · end of year $200,000
-
4 · Accounts receivable
beginning of year $111,239 · end of year $630,459
-
8 · Inventories for sale or use
end of year $93,053
-
10a · Land, buildings and equipment: cost or other basis
$14,567,320
-
10b · Land, buildings and equipment: accumulated depreciation
$4,670,811
-
10c · Land, buildings and equipment, net
beginning of year $5,912,537 · end of year $9,896,509
-
12 · Investments: other securities
beginning of year $1,687,113 · end of year $93
-
15 · Other assets
beginning of year $696,582 · end of year $80,406
-
17 · Accounts payable and accrued expenses
beginning of year $523,856 · end of year $1,047,375
-
19 · Deferred revenue
beginning of year $376,847 · end of year $480,918
-
23 · Secured mortgages and notes payable
beginning of year $1,219,259 · end of year $1,189,932
-
25 · Other liabilities
beginning of year $69,405 · end of year $44,240
-
27 · Net assets without donor restrictions
beginning of year $5,330,872 · end of year $8,584,455
-
28 · Net assets with donor restrictions
beginning of year $1,767,453 · end of year $200,062
Mission and programs · 2023
Mission
PREPARING MINDS AND HEARTS TO IMPACT THE WORLD FOR CHRIST.
Activities or mission (Part I)
CHRISTIAN SCHOLASTIC EDUCATION
-
CHRISTIAN SCHOOL PROVIDING SCHOLASTIC EDUCATION TO 1,086 STUDENTS AND 645 FAMILIES IN PRESCHOOL THROUGH HIGH SCHOOL. MVCA GRADUATED ITS FOURTEENTH CLASS THIS YEAR WITH A 100% ACCEPTANCE RATE TO SCHOOLS OF CHOICE.
Expenses $6,424,881 · Grants $453,541 · Revenue $7,765,162
As filed on the 2023 return.
Listed in Part VII
-
BETH DAVIS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
JIM SANDUL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
WARD SIROTAK
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
CARLA WOOD
CO-PRESIDENT
- Total calculated
- $0
- Hours/week
- 15
-
ROB RICKER
CO-PRESIDENT
- Total calculated
- $0
- Hours/week
- 15
-
LOUIS SCHOTT
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 5
-
TOM RHODENBAUGH
TREASURER
- Total calculated
- $0
- Hours/week
- 5
-
NICK RUOTOLO
SECRETARY
- Total calculated
- $0
- Hours/week
- 5
-
GREG BEASLEY
HEAD OF SCHOOL
- Total calculated
- $209,828
- From this org
- $209,828
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $209,828
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $209,828
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
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)
- PART I, LINE 3
- THE EXECUTIVE DIRECTOR'S COMPENSATION IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS.
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
- 2023
- Filed
- 2 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202541259349300829
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