Statesville Christian School Inc

EIN: 561900841 501(c)(3) Education

Statesville, NC

Total Revenue
$4,580,143
Total Expenses
$3,436,941
Total Assets
$5,427,509
Net Assets
$4,938,746
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
NC
Principal Officer
Ben Hummel
Phone
7048739511
Tax Period
2024-07-01 to 2025-06-30

Statesville Christian School Inc, founded in 1994, is a community nonprofit in the Education sector that reported $4.6M in total revenue in fiscal year 2024. Revenue surged 24% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.1M, a strong 25% operating margin.

Mission

The mission of SCS is to train students in partnership with families to think, live, love and lead as Christians through programs of academic excellence based upon a biblical world view.

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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 $618,475
Program Service Revenue $3,938,043
Investment Income $22,713
Other Revenue $912
TOTAL REVENUE $4,580,143

Expense Breakdown

Grants Paid $239,013
Salaries & Benefits $2,319,992
Fundraising Expenses $129,223
Program Expenses $2,799,590
Other Expenses $877,936
TOTAL EXPENSES $3,436,941

Year-over-Year Comparison

2024 2023 Change
Revenue $4,580,143 $3,690,903 +0.2%
Expenses $3,436,941 $3,194,286 +0.1%
Net Income $1,143,202 $496,617 +1.3%
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

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
10
Independent Members
10
Employees
85
Volunteers
65

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
$108,898
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ben Hummel Head of School 40.00
Officer
$97,050 $11,848 $108,898
Kyle Teeter Chair 2.00
Officer Director
$0 $0 $0
Kris Boan Trustee 1.00
Director
$0 $0 $0
Amanda Teeter VC & Secretary 2.00
Officer Director
$0 $0 $0
David Landers Treasurer 2.00
Officer Director
$0 $0 $0
Christian Campbell Trustee 1.00
Director
$0 $0 $0
Elizabeth Cline Trustee 1.00
Director
$0 $0 $0
Adam Hilton Trustee 1.00
Director
$0 $0 $0
Patrick Wacks Trustee 1.00
Director
$0 $0 $0
Posey Swope Trustee 1.00
Director
$0 $0 $0
Connie Todd Trustee 1.00
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 $4,580,143 $3,436,941 $5,427,509 $1,143,202
2024 $3,690,903 $3,194,286 $4,504,379 $496,617
2023 $3,162,015 $2,868,549 $3,883,601 $293,466
2022 $3,429,074 $2,609,218 $3,536,154 $819,856
2021 $2,747,654 $2,423,629 $3,594,471 $324,025
2020 $2,999,430 $2,440,111 $3,184,184 $559,319
2019 $2,537,050 $2,336,792 $2,751,297 $200,258
2018 $2,887,676 $2,588,562 $2,668,024 $299,114
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