Prince Avenue Christian School Inc

EIN: 010548823 501(c)(3) Education

Bogart, GA

Total Revenue
$17,249,292
Total Expenses
$14,863,398
Total Assets
$25,373,873
Net Assets
$18,585,889
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
GA
Principal Officer
Dr Seth Hathaway
Phone
6787263000
Tax Period
2024-07-01 to 2025-06-30

Prince Avenue Christian School Inc, founded in 2004, is a mid-sized nonprofit in the Education sector that reported $17.2M in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $14.9M left a modest 14% surplus.

Mission

Prince Avenue Christian School exists to partner with Christian families to provide scripturally based discipleship while pursuing excellence in academics, fine arts, and athletics from a biblical worldview.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,112,638
Program Service Revenue $13,651,181
Investment Income $447,553
Other Revenue $37,920
TOTAL REVENUE $17,249,292

Expense Breakdown

Grants Paid $286,866
Salaries & Benefits $9,091,932
Fundraising Expenses $175,086
Program Expenses $12,786,018
Other Expenses $5,484,600
TOTAL EXPENSES $14,863,398

Year-over-Year Comparison

2024 2023 Change
Revenue $17,249,292 $15,190,101 +0.1%
Expenses $14,863,398 $12,953,809 +0.1%
Net Income $2,385,894 $2,236,292 +0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
11
Employees
225
Volunteers
50

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$305,000
Total Directors
12
$305,000
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Dr Seth Hathaway Head of School 40.00
Officer Director
$275,000 $30,000 $305,000
Joe Taylor Board Chair 1.00
Officer Director
$0 $0 $0
Ashley Barnett Vice Board Chair 1.00
Officer Director
$0 $0 $0
Karin Usry Secretary 1.00
Officer Director
$0 $0 $0
Brian Elrod Board Member 1.00
Director
$0 $0 $0
Billy Henderson Board Member 1.00
Director
$0 $0 $0
DeAnn Harmon-Smith Board Member 1.00
Director
$0 $0 $0
Tommy Murray Board Member 1.00
Director
$0 $0 $0
Stephanie Powell Board Member 1.00
Director
$0 $0 $0
Kevin Turner Board Member 1.00
Director
$0 $0 $0
Tom Wells Board Member 1.00
Director
$0 $0 $0
Andrew Womack Board Member 1.00
Director
$0 $0 $0
Richard Ricketts Athletic Director 40.00
Highest
$119,560 $10,975 $130,535
Greg Vandagriff Head Varsity Football coach & Strength Training 40.00
Highest
$121,971 $11,050 $133,021
Daniel Kempf High School Principal 40.00
Highest
$100,490 $0 $100,490
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $17,249,292 $14,863,398 $25,373,873 $2,385,894
2024 No data No data No data No data
2023 $20,042,034 $11,026,965 $22,449,675 $9,015,069
2022 $11,587,333 $9,475,846 $12,500,832 $2,111,487
2021 $9,861,746 $8,661,801 $9,462,920 $1,199,945
2020 $9,295,706 $8,360,878 $7,492,791 $934,828
2019 $9,288,511 $8,222,263 $5,524,213 $1,066,248
2018 $8,035,703 $8,006,148 $4,457,965 $29,555
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