SCHOLARS CHRISTIAN PRESCHOOL AND ACADEMY INC

EIN: 454704453 501(c)(3) Education

Tampa, FL

Total Revenue
$353,746
Total Expenses
$334,645
Total Assets
$27,272
Net Assets
$27,272
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
FL
Principal Officer
Kimberly Montgomery
Phone
8132485516
Tax Period
2023-01-01 to 2023-12-31

SCHOLARS CHRISTIAN PRESCHOOL AND ACADEMY INC, founded in 2014, is a small nonprofit in the Education sector that reported $354K in total revenue in fiscal year 2023. Expenses of $335K left a modest 5% surplus.

Mission

We are a faith based school that serves children from Kindergarten to High School

Program Service Accomplishments

Program 1
Expenses: $191,890 Revenue: $191,890

Scholars Christian Academy was able to maintain the current stand alone building located at 2801 E 17th Ave Tampa FL 33605. We have continued to have a strong diverse enrollment for our service and...

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Scholars Christian Academy was able to maintain the current stand alone building located at 2801 E 17th Ave Tampa FL 33605. We have continued to have a strong diverse enrollment for our service and building capacity. We have maintained student transportation services for students within our service area.

Program 2
Expenses: $134,488 Revenue: $134,488

We were able to provide a challenging and fulfilling academic program in order to prepare students for standardized testing and grade promotion. We used an innovative curriculum combining textbook...

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We were able to provide a challenging and fulfilling academic program in order to prepare students for standardized testing and grade promotion. We used an innovative curriculum combining textbook and online accessibility. We were able to meet the social needs of our students and families by providing crisis counseling. We were able to maintain a small student to teacher ratio. We were able to facilitate a diverse enrollment for our service capacity. We were able to provide nutritional breakfast and lunch daily for our students.

Program 3
Expenses: $8,267 Revenue: $8,267

With the assistance of our Certified Public Accountant we successfully completed the required annual School Financial Report for Florida School Choice Programs. We were able to maintain our...

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With the assistance of our Certified Public Accountant we successfully completed the required annual School Financial Report for Florida School Choice Programs. We were able to maintain our compliance by renewing all required licenses. We were able to complete and maintain the school documents and records of the administrative office of the school.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $353,746
Investment Income $0
Other Revenue $0
TOTAL REVENUE $353,746

Expense Breakdown

Grants Paid $0
Salaries & Benefits $113,958
Fundraising Expenses $0
Program Expenses $334,645
Other Expenses $220,687
TOTAL EXPENSES $334,645

Year-over-Year Comparison

2023 2022 Change
Revenue $353,746 N/A N/A
Expenses $334,645 N/A N/A
Net Income $19,101 $0 N/A
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
3
Independent Members
N/A
Employees
4
Volunteers
N/A

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
3
$33,800
Total Directors
0
$0
Key Employees
1
$130,000
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Michael Lewis Sr Christian Education Director 30
Key Emp
$78,000 $0 $130,000
Kimberly Montgomery President 20.00
Officer
$0 $0 $33,800
Catherine Ball Vice President 10
Officer
$0 $0 $0
N/A Director 10
Officer
$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
2024 No data No data No data No data
2023 $353,746 $334,645 $27,272 $19,101
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