TEXOMA CHRISTIAN SCHOOL

EIN: 752283752 501(c)(3) Education

SHERMAN, TX

Total Revenue
$3,435,887
Total Expenses
$3,619,871
Total Assets
$3,944,325
Net Assets
$1,515,399
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1982
Legal Domicile
TX
Principal Officer
KEITH BOLLINGER
Phone
9038937076
Tax Period
2024-08-01 to 2025-07-31

TEXOMA CHRISTIAN SCHOOL, founded in 1982, is a community nonprofit in the Education sector that reported $3.4M in total revenue in fiscal year 2024.

Mission

TEXOMA CHRISTIAN SCHOOL EXISTS TO DEVELOP FULLY EACH STUDENT'S GOD-GIVEN SPIRITUAL, INTELLECTUAL, AND PHYSICAL POTENTIAL TO INFLUENCE THE WORLD FOR JESUS CHRIST.

Program Service Accomplishments

Program 1
Expenses: $2,916,428 Revenue: $3,011,399

TO EDUCATE AND GRADIATE YOUNG MEN AND WOMEND WHO SEEK GOD'S WISDOM AND WILL IN ALL FACETS OF THEIR LIVES, TO PROVIDE EXCELLENCE IN OUR CORE CURRICULUM AS WELL AS EXTRA-CURRICULAR ACTIVITIES IN ORDER...

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TO EDUCATE AND GRADIATE YOUNG MEN AND WOMEND WHO SEEK GOD'S WISDOM AND WILL IN ALL FACETS OF THEIR LIVES, TO PROVIDE EXCELLENCE IN OUR CORE CURRICULUM AS WELL AS EXTRA-CURRICULAR ACTIVITIES IN ORDER TO DEVELOP EVERY CHILD'S GOD-GIVEN TALENTS, TEXOMA CHRISTIAN SCHOOL HAD APPROXIMATELY 300 STUDENTS ENROLLED IN PRE-SCHOOL THROUGH 12TH GRADE FOR THE 2024-2025 SCHOOL YEAR.

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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 $399,914
Program Service Revenue $2,944,066
Investment Income $21,178
Other Revenue $70,729
TOTAL REVENUE $3,435,887

Expense Breakdown

Grants Paid $1,242
Salaries & Benefits $2,423,690
Fundraising Expenses $57,501
Program Expenses $2,916,428
Other Expenses $1,194,939
TOTAL EXPENSES $3,619,871

Year-over-Year Comparison

2024 2023 Change
Revenue $3,435,887 $3,262,562 +0.1%
Expenses $3,619,871 $3,129,517 +0.2%
Net Income $-183,984 $133,045 -2.4%
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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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
8
Independent Members
8
Employees
106
Volunteers
144

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
5
$129,521
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KEITH BOLLINGER HEAD OF SCHO 40.00
Officer
$127,083 $2,438 $129,521
BLAKE ANDREWS DIRECTOR 1.00
Director
$0 $0 $0
SAM BOYLE DIRECTOR 1.00
Director
$0 $0 $0
JAMES HARBER TREASURER/DI 1.00
Officer Director
$0 $0 $0
CLINT HAYES DIRECTOR 1.00
Director
$0 $0 $0
RYAN JOHNSON PRESIDENT/DI 1.00
Officer Director
$0 $0 $0
ERIN RAY SECRETARY/DI 1.00
Officer Director
$0 $0 $0
BYRON SMITH DIRECTOR 1.00
Director
$0 $0 $0
LAURA WHEELER VICE PRES/DI 1.00
Officer 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 $3,435,887 $3,619,871 $3,944,325 $-183,984
2024 $3,262,562 $3,129,517 $3,920,854 $133,045
2023 $2,762,952 $2,794,530 $3,746,207 $-31,578
2022 $2,721,193 $2,774,457 $3,627,245 $-53,264
2021 $2,236,950 $2,248,762 $3,495,462 $-11,812
2020 $2,082,823 $2,283,329 $3,651,149 $-200,506
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