Parkway Christian Academy

EIN: 463718809 501(c)(3)

Vinton, VA

Total Revenue
$955,619
Total Expenses
$1,029,402
Total Assets
$71,085
Net Assets
$54,767
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
VA
Phone
5409822400
Tax Period
2018-07-01 to 2019-06-30

Parkway Christian Academy, founded in 2013, is a small nonprofit that reported $956K in total revenue in fiscal year 2018. Revenue decreased 20% compared to the prior year.

Mission

Private Christian School providing a Christian worldview.

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Trantor Score

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

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $68,525
Program Service Revenue $761,043
Investment Income $-38,814
Other Revenue $164,865
TOTAL REVENUE $955,619

Expense Breakdown

Grants Paid $0
Salaries & Benefits $666,312
Fundraising Expenses $0
Program Expenses $931,554
Other Expenses $363,090
TOTAL EXPENSES $1,029,402

Year-over-Year Comparison

2018 2017 Change
Revenue $955,619 $1,189,948 -0.2%
Expenses $1,029,402 $1,224,922 -0.2%
Net Income $-73,783 $-34,974 +1.1%
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

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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
47
Volunteers
15

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
0
$0
Total Directors
4
$0
Key Employees
4
$122,309
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A Chirman - PCA School Board 1.00
Director
$0 $0 $0
N/A Co-Chairman - PCA School Board 1.00
Director
$0 $0 $0
N/A School Board Member 1.00
Director
$0 $0 $0
N/A School Board Member 1.00
Director
$0 $0 $0
N/A School Administrator 40.00
Key Emp
$44,909 $0 $44,909
N/A Director of Finance 38.00
Key Emp
$21,200 $0 $21,200
N/A Admin-Operations/Athletics 40.00
Key Emp
$35,000 $0 $35,000
N/A Admin Secretary 38.00
Key Emp
$21,200 $0 $21,200
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
2019 $955,619 $1,029,402 $71,085 $-73,783
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