Overview
What is Commonwealth Christian Academy Inc?
Commonwealth Christian Academy Inc is a private, Christian school located in Richmond, Virginia. It serves underprivileged and at-risk children from grades K-12, with a current student count of 20. The academy offers a biblically-based, Jesus Christ-centered education, which includes tuition, field trips, supplies, and daily hot lunches. The annual cost per student is approximately $7,500, but tuition is adjusted based on each parent's income, often resulting in a monthly payment of around $108. The academy relies on donations from supportive individuals to cover the remaining expenses.
Is Commonwealth Christian Academy Inc legitimate?
Commonwealth Christian Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Commonwealth Christian Academy Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $17,904
Professional Fundraising Fees: $0
Other Salaries and Wages: $76,900
For more financial information, click here
What is the mission statement of Commonwealth Christian Academy Inc?
Commonwealth Christian Academy Inc. is a private, Christian school that offers a high-quality, biblically-based education focused on Jesus Christ. The school caters to underprivileged and at-risk children in various grade levels, currently enrolling 20 students. Tuition includes essentials such as education for a year, field trips, supplies, and daily hot lunches. The cost per student annually is approximately 7,500 dollars, but the tuition is adjusted according to each student's parent's income, often amounting to around 108 dollars per month. The remaining funds required to operate the school are provided through donations from compassionate supporters.
Who is the CEO of Commonwealth Christian Academy Inc?
Dr Michael D Mcclary is the President of Commonwealth Christian Academy Inc.
What is the revenue of Commonwealth Christian Academy Inc?
Commonwealth Christian Academy Inc's revenue in 2022 was $165,112.
Who are the executives of Commonwealth Christian Academy Inc and what are their salaries?
The average compensation at Commonwealth Christian Academy Inc during 2022 was $11,850. There are 8 employees and 15 volunteers at Commonwealth Christian Academy Inc.
Here are 3 key members and their salaries:
- Compensation: $17,904
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Commonwealth Christian Academy Inc?
Commonwealth Christian Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Commonwealth Christian Academy Inc
Commonwealth Christian Academy, a private Christian school, is committed to providing underprivileged and at-risk children in the city of Richmond with a high-quality, biblically-based education that centers around Jesus Christ. The school currently enrolls 20 students from grades K-12, offering a comprehensive education that includes field trips, supplies, and daily hot lunches. Tuition is tailored to each student's family income, often amounting to around $108 per month, and the remaining funds required to operate the school are provided by generous donations from caring supporters. The mission of Commonwealth Christian Academy is to empower these children by providing them with a solid educational foundation, fostering their spiritual growth, and supporting their overall development in a nurturing and caring environment.
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Impact
October, 2024
Commonwealth Christian Academy Inc significantly impacts the lives of underprivileged, at-risk children in Richmond through its commitment to delivering a quality, biblically-based education centered on Jesus Christ. With an enrollment of 20 students spanning grades K-12, the Academy provides not only foundational academic skills but also fosters spiritual development and character growth.
The school's unique tuition model, which averages around $108 per month, makes quality education accessible to families who may otherwise struggle to afford it. This is a sliver of the nearly $7,500 annual cost per student, illustrating the Academy's commitment to serving the community by bridging financial gaps through generous donations from supporters.
In addition to academics, Commonwealth Christian Academy enriches the educational experience by offering field trips, supplies, and daily hot lunches, ensuring that students have a well-rounded environment conducive to learning and personal growth. The Academy stands as a beacon of hope and opportunity, transforming the lives of its students and empowering them to break the cycle of disadvantage. Its impact resonates not just within the classroom, but throughout the broader community as these young individuals are equipped to reach their full potential.
This information is meant to be a general summary of Commonwealth Christian Academy Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $9
- Program Service Revenue: $28,079
- Gross Receipts: $165,112
Assets and Liabilities:
- Total Assets: $86,602
- Total Liabilities: $33,387
- Net Assets: $53,215
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND RELATED FEES
Revenue
$28,079
Organization Details
Founding Year
1997
Phone
(804) 231-9995Principal Officer
Dr Michael D Mcclary
Main Address
2307 HULL STREET, RICHMOND, VA, 23224
NTEE Category
Code: B250 - Education
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