BEREAN CHRISTIAN ACADEMY INC

EIN: 811915196 501(c)(3) Education

KATY, TX

Total Revenue
$2,753,323
Total Expenses
$1,812,093
Total Assets
$3,066,854
Net Assets
$2,100,549
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
TX
Principal Officer
VIM X HEAD
Phone
7134463760
Tax Period
2023-07-01 to 2024-06-30

BEREAN CHRISTIAN ACADEMY INC, founded in 2016, is a community nonprofit in the Education sector that reported $2.8M in total revenue in fiscal year 2023. Revenue surged 38% from the prior year, signaling strong growth momentum. The organization ran a surplus of $941K, a strong 34% operating margin.

Mission

BEREAN CHRISTIAN ACADEMY'S MISSION IS TO EDCUATE STUDENTS IN A CHRIST-CENTERED WORLDVIEW. WE BELIEVE SUCH AN EDUCATION WILL PRODUCE STUDENTS WHO ARE WELL PREPARED TO LIVE THEIR LIVES FOR THE GLORY OF CHRIST AND BENEFIT OF OTHERS. BEREAN CHRISTIAN ACADEMY WILL ALSO PREPARE STUDENTS TO GO INTO THE WORLD EQUIPPED TO REGCOGNIZE TRUTH, GOODNESS, AND BEAUTY IN GOD'S CREATION. WE ACCOMPLISH THIS BY PROVIDING A STRONG ACADEMIC PROGRAM THAT HELPS OUR STUDENTS GROW INTELLECTUALLY, SPIRITUALLY, SOCIALLY, PHYSICALLY AND EMOTIONALLY. BEREAN CHRISTIAN ACADEMY OPERATED IN PARTNERSHIP BETWEEN FACULTY AND PARENTS FOR THE WELL-BEING OF OUR STUDENTS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $742,399
Program Service Revenue $1,850,182
Investment Income $13,056
Other Revenue $147,686
TOTAL REVENUE $2,753,323

Expense Breakdown

Grants Paid $79,529
Salaries & Benefits $1,039,742
Fundraising Expenses $0
Program Expenses $1,797,702
Other Expenses $692,822
TOTAL EXPENSES $1,812,093

Year-over-Year Comparison

2023 2022 Change
Revenue $2,753,323 $1,990,060 +0.4%
Expenses $1,812,093 $1,386,457 +0.3%
Net Income $941,230 $603,603 +0.6%
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
5
Independent Members
5
Employees
49
Volunteers
95

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
2
$36,845
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
VIM HEAD PRESIDENT 10.00
Officer Director
$0 $0 $0
RYAN PEEPLES BOARD MEMBER 1.00
Director
$0 $0 $0
ABBY JENNINGS SECRETARY 1.00
Director
$0 $0 $0
LAURA GRIFFIN BOARD MEMBER 1.00
Director
$0 $0 $0
JARED ISHAM TREASURER 1.00
Director
$0 $0 $0
BETHANY ELSTON HEAD OF SCHOOL 40.00
Officer
$36,845 $0 $36,845
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 $2,753,323 $1,812,093 $3,066,854 $941,230
2023 $1,990,060 $1,386,457 $1,872,920 $603,603
2022 $1,241,074 $1,139,647 $1,816,710 $101,427
2021 $795,024 $574,510 $1,249,332 $220,514
2020 $517,499 $350,991 $274,972 $166,508
2019 $329,635 $331,647 $65,632 $-2,012
2018 $262,432 $255,420 $65,876 $7,012
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