Cypress Christian School Inc

EIN: 741977866 501(c)(3) Education

Cypress, TX

Total Revenue
$30,950,428
Total Expenses
$19,285,782
Total Assets
$88,727,351
Net Assets
$29,022,906
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1978
Legal Domicile
TX
Principal Officer
Mike Slabic
Phone
2816640230
Tax Period
2024-07-01 to 2025-06-30

Cypress Christian School Inc, founded in 1978, is a mid-sized nonprofit in the Education sector that reported $31.0M in total revenue in fiscal year 2024. Revenue surged 62% from the prior year, signaling strong growth momentum. The organization ran a surplus of $11.7M, a strong 38% operating margin.

Mission

Christian education grades K-12. The mission of Cypress Christian School is to honor the Lord Jesus Christ by providing students an education based upon academic excellence and Biblical values.

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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 $5,027,549
Program Service Revenue $15,653,078
Investment Income $10,225,102
Other Revenue $44,699
TOTAL REVENUE $30,950,428

Expense Breakdown

Grants Paid $40,893
Salaries & Benefits $10,509,052
Fundraising Expenses $87,665
Program Expenses $14,069,433
Other Expenses $8,735,837
TOTAL EXPENSES $19,285,782

Year-over-Year Comparison

2024 2023 Change
Revenue $30,950,428 $19,104,054 +0.6%
Expenses $19,285,782 $16,228,893 +0.2%
Net Income $11,664,646 $2,875,161 +3.1%
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

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
13
Independent Members
11
Employees
217
Volunteers
100

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
6
$559,358
Total Directors
11
$384,599
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jeff Potts President 40.00
Officer Director
$356,965 $0 $384,599
Kristopher Hogan Director of Culture 40.00
Highest
$186,400 $0 $214,034
David Swan CFOCOO 40.00
Officer
$147,125 $0 $174,759
Drew Sells Athletic Director 40.00
Highest
$132,402 $0 $160,036
Iva Nell Rhea Principal 40.00
Highest
$117,134 $0 $136,232
Melissa Allen Employee 40.00
Highest
$101,647 $0 $129,281
Craig Soudelier Director of Advancement 40.00
Highest
$113,089 $0 $113,089
Stacey Fransen VP & Vice Chairperson 2.00
Officer Director
$0 $0 $0
Rich Petru Member 2.00
Director
$0 $0 $0
Bobby Grimes Member 2.00
Director
$0 $0 $0
Lyle Williams Member 2.00
Director
$0 $0 $0
Brandon Wax Member 2.00
Director
$0 $0 $0
Wes Hickey Member 2.00
Director
$0 $0 $0
Sean Tackett Board President & Chair 2.00
Officer Director
$0 $0 $0
James Durham Secretary 2.00
Officer Director
$0 $0 $0
Corlischa Badenhorst Member 2.00
Director
$0 $0 $0
Chris Bowman Member 2.00
Director
$0 $0 $0
Mike Slabic Member 2.00
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
2025 $30,950,428 $19,285,782 $88,727,351 $11,664,646
2024 $19,104,054 $16,228,893 $74,913,078 $2,875,161
2023 $15,909,693 $14,480,174 $25,744,034 $1,429,519
2022 $12,592,136 $11,797,626 $23,624,114 $794,510
2021 $12,032,238 $10,773,256 $18,292,788 $1,258,982
2020 $10,685,185 $9,855,555 $18,366,819 $829,630
2019 $10,143,010 $10,058,670 $16,539,397 $84,340
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