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Foundation Christian Academy Inc

Foundation Christian Academy Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 611285043 ✦ Bowling green, KY ✦ Designated as a 501(c)(3)

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Overview

What is Foundation Christian Academy Inc?

Foundation Christian Academy Inc is a nonprofit organization specialized in elementary education, located beyond the details provided. It has demonstrated a commendable success rate with around 270 students, ranging from kindergarten to ninth grade, completing their respective coursework. The academy goes beyond the traditional classroom setting, offering a lunch program and various after-school activities as part of its comprehensive learning experience. Furthermore, additional programs are available within the academy to cater to the diverse needs of its students.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

Foundation Christian Academy Inc has received a two-star rating from Charity Navigator, indicating that the organization has significant room for improvement. The overall score of 67% reflects some positive aspects, such as a strong program expense ratio of nearly 92%, suggesting that the majority of their funding is directed towards their programs. Additionally, the board composition is notably independent, which often enhances accountability.

However, several key areas require attention. The organization lacks essential governance policies, including a conflict of interest policy, a whistleblower policy, and a document retention policy, which are crucial for maintaining transparency and accountability. Furthermore, financial statements are not adequately reviewed, and the nonprofit's website is not listed on the tax form, which limits accessibility to important information.

Overall, while Foundation Christian Academy Inc demonstrates commitment to its programs and maintains a low liabilities to assets ratio, the absence of critical governance practices and transparency measures detracts from its overall effectiveness and reliability as a nonprofit organization.


This AI summary has been generated from information found on Charity Navigator.

Is Foundation Christian Academy Inc legitimate?

Foundation Christian Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,100,893

For more financial information, click here

What is the mission statement of Foundation Christian Academy Inc?

Foundation Christian Academy Inc is committed to providing quality elementary education. The academy has successfully completed the curriculum for approximately 270 students from grades K-3 to 9th. Beyond academic instruction, the academy offers after-school activities and a lunch program as part of its comprehensive program. Additionally, the academy provides other educational programs to enhance its students' learning experience.

Who is the CEO of Foundation Christian Academy Inc?

Justin Lohden is the Director of Foundation Christian Academy Inc.

What is the revenue of Foundation Christian Academy Inc?

Foundation Christian Academy Inc's revenue in 2023 was $3,996,928.

Who are the executives of Foundation Christian Academy Inc and what are their salaries?

The average compensation at Foundation Christian Academy Inc during 2023 was $19,453. There are 108 employees at Foundation Christian Academy Inc.


Here are 10 key members and their salaries:


Jack Ray (Director)
  • Compensation: $25,200
  • Related: $0
  • Other: $0
Stephen Pitcock (Secretary)
  • Compensation: $8,460
  • Related: $0
  • Other: $0
John Arney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Garnet Baker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Baker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerald Barr (Vice Chairma)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gil Cowles (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janice Kelley (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Keown (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Justin Lohden (Chairman/Pre)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Foundation Christian Academy Inc?

Foundation Christian Academy Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Foundation Christian Academy Inc

Foundation Christian Academy, a reputable institution, is dedicated to providing elementary education. With a successful track record, the academy has seen over 270 students complete their curriculum from kindergarten to ninth grade. Beyond academics, Foundation Christian Academy offers additional programs to enrich its students' experiences. These include after-school activities and a lunch program, ensuring a well-rounded educational experience for its pupils. Moreover, the academy provides various other programs to cater to its students' needs, further enhancing their time at the institution.

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Impact




July, 2024

Foundation Christian Academy Inc has a significant impact on the community of Bowling Green, Kentucky by providing quality elementary education to approximately 270 students in grades K-3 through 9th grade. The academy's successful track record demonstrates its commitment to academic excellence and student achievement. Additionally, the academy offers after school activities and a lunch program to support the overall development of its students. Through its comprehensive programs, Foundation Christian Academy Inc plays a vital role in shaping the future leaders of tomorrow.




This information is meant to be a general summary of Foundation 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.

Revenue
$3,996,928 (2023)
Expenses
$3,669,771 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $78,621
  • Program Service Revenue: $3,176,216
  • Gross Receipts: $4,008,728

Assets and Liabilities:

  • Total Assets: $7,996,833
  • Total Liabilities: $181,711
  • Net Assets: $7,815,122

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUITION

Revenue

$2,286,352

LUNCH/CANTEEN

Revenue

$205,517

CHILI/AUCTION

Revenue

$147,890

BOOK FEES

Revenue

$115,641

ATHLETICS

Revenue

$112,356

Organization Details

Principal Officer

Justin Lohden

Main Address

2480 THREE SPRINGS ROAD, BOWLING GREEN, KY, 42104

NTEE Category

Code: B20Z - Education

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