FREEDOM CHRISTIAN SCHOOLS INC

EIN: 832954340 501(c)(3) Education

Gettysburg, PA

Total Revenue
$233,573
Total Expenses
$258,781
Total Assets
$1,096,322
Net Assets
$688,738
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
PA
Principal Officer
KARISSA COSTELLO
Phone
7176243884
Tax Period
2024-07-01 to 2025-06-30

FREEDOM CHRISTIAN SCHOOLS INC, founded in 2019, is a small nonprofit in the Education sector that reported $234K in total revenue in fiscal year 2024. Revenue fell 38% from the prior year — a significant decline worth monitoring. Expenses of $259K exceeded revenue, resulting in a 11% operating deficit.

Mission

TO PROVIDE BIBLICAL INSTRUCTION AND ACADEMIC EDUCATION TO THE PUBLIC IN A NONDENOMINATIONAL CHRIST-CENTERED ATMOSPHERE

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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 $233,556
Program Service Revenue $0
Investment Income $17
Other Revenue $0
TOTAL REVENUE $233,573

Expense Breakdown

Grants Paid $0
Salaries & Benefits $173,345
Fundraising Expenses $0
Program Expenses $258,781
Other Expenses $85,436
TOTAL EXPENSES $258,781

Year-over-Year Comparison

2024 2023 Change
Revenue $233,573 $376,264 -0.4%
Expenses $258,781 $259,930 0.0%
Net Income $-25,208 $116,334 -1.2%
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
5
Independent Members
N/A
Employees
13
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
0
$0
Total Directors
13
$155,337
Key Employees
13
$155,337
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KARISSA COSTELLO PRINCIPAL 040.00
Director Key Emp Highest
$0 $0 $18,900
LYNN GARRETT SECRETARY 040.00
Director Key Emp
$0 $0 $17,800
PATTI ELGERSMA TEACHER 040.00
Director Key Emp
$0 $0 $14,400
HENRY ELGERSMA TEACHER 040.00
Director Key Emp
$0 $0 $14,400
KAREN TROUT TEACHER 040.00
Director Key Emp
$0 $0 $14,012
TERRI ELGERSMA TEACHER 040.00
Director Key Emp
$0 $0 $13,200
LARA WIBLE TEACHER 040.00
Director Key Emp
$0 $0 $12,600
ANA DAVIS TEACHER 040.00
Director Key Emp
$0 $0 $12,600
ANNA RUPPERT TEACHER 020.00
Director Key Emp
$0 $0 $12,400
SUE THOMPSON TEACHER 040.00
Director Key Emp
$0 $0 $10,467
SARAH GRIM TEACHER 040.00
Director Key Emp
$0 $0 $8,267
CHRISTINA ELGERSMA TEACHER 025.00
Director Key Emp
$0 $0 $4,666
KRYSTAL KESSLER TEACHER ASSISTANT 010.00
Director Key Emp
$0 $0 $1,625
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 $233,573 $258,781 $1,096,322 $-25,208
2024 $376,264 $259,930 $1,121,021 $116,334
2023 $392,076 $455,901 $36,197 $-63,825
2022 $309,264 $350,815 $100,022 $-41,551
2021 $339,514 $257,702 $141,573 $81,812
2020 $210,758 $188,953 $59,761 $21,805
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