OAKWELL ACADEMY

EIN: 611705925 501(c)(3) Education

College Station, TX

Total Revenue
$720,453
Total Expenses
$675,095
Total Assets
$696,379
Net Assets
$297,499
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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
TX
Principal Officer
Danielle Adair
Phone
9793268819
Tax Period
2022-07-01 to 2023-06-30

OAKWELL ACADEMY, founded in 2014, is a small nonprofit in the Education sector that reported $720K in total revenue in fiscal year 2022. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $675K left a modest 6% surplus.

Mission

Oakwell Academy is a private PreK-11th grade school offering a Classical Christian education within a University Model structure which utilizes the best of both private school and homeschooling. Children spend 2-3 days (depending on grade level) per week in the central classroom (private school environment) and 2-3 days per week in the home classroom. Oakwell Academy exists to love and glorify God; love and build up the body of Christ through discipleship and help fulfill the Great Commission by loving those who do not know Jesus; affirm and encourage parents; educate students with excellence; and integrate home and school learning and experiences.

Program Service Accomplishments

Program 1
Expenses: $563,747 Revenue: $0

Our highest expense was compensating our teachers who train and teach the students and also partner with the students co-teachers in the home classroom. This expense compensates our administrators...

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Our highest expense was compensating our teachers who train and teach the students and also partner with the students co-teachers in the home classroom. This expense compensates our administrators who carry out the mission of Oakwell Academy through a variety of tasks and responsibilities. Each teacher is required to create lesson plans to be used in the central classroom and to be continued in the home classroom. The lesson plans are then reviewed and approved by our curriculum administrator. This expense also covers the cost of the taxes we incur in order to pay our employees.

Program 2
Expenses: $39,000 Revenue: $0

Our next highest expense is providing a facility that is used as our central classroom where students attend anywhere from 2-5 days per week depending on the child's grade level. We are currently...

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Our next highest expense is providing a facility that is used as our central classroom where students attend anywhere from 2-5 days per week depending on the child's grade level. We are currently renting a facility and this amount covers our cost for renting and using the facility throughout the school year and the summer season.

Program 3
Expenses: $22,318 Revenue: $0

Our next highest expense was for our schools curriculum and classroom expenses. Our school purchases various curriculum and materials for all of our grades, PreK-10th grade. Each grade needs various...

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Our next highest expense was for our schools curriculum and classroom expenses. Our school purchases various curriculum and materials for all of our grades, PreK-10th grade. Each grade needs various items for each subject being taught. The varying curriculum needed expands and increases with each growing year. This expense also covers all of our elective and physical education classes.

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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 (2022)

Revenue Breakdown

Contributions & Grants $9,803
Program Service Revenue $707,564
Investment Income $0
Other Revenue $3,086
TOTAL REVENUE $720,453

Expense Breakdown

Grants Paid $0
Salaries & Benefits $564,984
Fundraising Expenses $0
Program Expenses $675,095
Other Expenses $108,803
TOTAL EXPENSES $675,095

Year-over-Year Comparison

2022 2021 Change
Revenue $720,453 $630,791 +0.1%
Expenses $675,095 $552,269 +0.2%
Net Income $45,358 $78,522 -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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Governance

Voting Members
9
Independent Members
6
Employees
53
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
4
$71,385
Total Directors
9
$103,385
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Lauri Evans Board Treasurer/Administrator 35
Officer Director
$45,350 $0 $45,350
Alex Donaldson Board Member 32
Director
$32,000 $0 $32,000
Ashlee Hardy Board Chairman/Administrator 25
Officer Director
$26,035 $0 $26,035
Richard Ray Evans Board Secretary 5
Officer Director
$0 $0 $0
Richard Tyler Hardy Board Vice-Chairman 5
Officer Director
$0 $0 $0
Jay Griffin Board Member 5
Director
$0 $0 $0
Sarah Griffin Board Member 5
Director
$0 $0 $0
Greg Burtin Board Member 5
Director
$0 $0 $0
Jenny Burtin 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 No data No data No data No data
2024 No data No data No data No data
2023 $720,453 $675,095 $696,379 $45,358
2022 $630,791 $552,269 $967,979 $78,522
2021 $483,008 $401,879 $729,352 $81,129
2020 $309,893 $271,117 $550,345 $38,776
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