CHRISTIAN HERITAGE SCHOOL INC

EIN: 060962262 501(c)(3) Education

Trumbull, CT

Total Revenue
$10,062,697
Total Expenses
$8,988,203
Total Assets
$16,612,814
Net Assets
$13,725,758
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1977
Legal Domicile
CT
Principal Officer
Michael Dube
Phone
2032616230
Tax Period
2024-07-01 to 2025-06-30

CHRISTIAN HERITAGE SCHOOL INC, founded in 1977, is a mid-sized nonprofit in the Education sector that reported $10.1M in total revenue in fiscal year 2024. Expenses of $9.0M left a modest 11% surplus.

Mission

To provide elementary and secondary education for students enrolled in grades Kindergarten through 12th grade.

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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 $1,717,501
Program Service Revenue $8,088,066
Investment Income $156,599
Other Revenue $100,531
TOTAL REVENUE $10,062,697

Expense Breakdown

Grants Paid $702,513
Salaries & Benefits $5,448,077
Fundraising Expenses $465,780
Program Expenses $7,447,649
Other Expenses $2,837,613
TOTAL EXPENSES $8,988,203

Year-over-Year Comparison

2024 2023 Change
Revenue $10,062,697 $9,616,213 +0.0%
Expenses $8,988,203 $8,853,809 +0.0%
Net Income $1,074,494 $762,404 +0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
Employees
154
Volunteers
30

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
2
$315,275
Total Directors
10
$0
Key Employees
5
$724,014
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Michael Dube Head of School 40
Officer Key Emp Highest
$167,521 $43,789 $211,310
Karl Simon Upper School Principal 40
Key Emp
$101,014 $64,696 $165,710
Bruce Stempien Director of Development 40
Key Emp
$100,319 $28,731 $129,050
John Naeher Director of Operations 40
Key Emp
$103,009 $10,970 $113,979
Victoria Wiegand Director of Finance 40
Officer Key Emp
$84,710 $19,255 $103,965
Joseph Orban Chairman, Board of Trustees 10
Director
$0 $0 $0
Mark Silvestri Vice Chairman, Board of Trustees 10
Director
$0 $0 $0
Michael Angelini Treasurer, Board of Trustees 10
Director
$0 $0 $0
Edward Morgan Secretary, Board of Trustees 5
Director
$0 $0 $0
Marcus Reinmund Board Member 5
Director
$0 $0 $0
Richard Caporaso Board Member 5
Director
$0 $0 $0
Evelyn Hayes Board Member 5
Director
$0 $0 $0
Joseph De Marco Board Member 5
Director
$0 $0 $0
Christy Watkins Board Member 5
Director
$0 $0 $0
Ed Arden Board Member 5
Director
$0 $0 $0
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 $10,062,697 $8,988,203 $16,612,814 $1,074,494
2024 $9,616,213 $8,853,809 $15,341,970 $762,404
2023 $9,155,812 $8,407,529 $14,826,526 $748,283
2022 $8,606,030 $8,037,355 $13,865,979 $568,675
2021 $8,304,182 $7,892,203 $12,921,554 $411,979
2020 $10,058,762 $9,052,480 $12,324,249 $1,006,282
2019 $8,869,728 $8,740,430 $12,744,392 $129,298
2018 $8,928,850 $9,012,291 $12,300,688 $-83,441
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