SILVER2023

Bluegrass Christian Academy Inc

Soli Deo Gloria.

GuideStar Charity Check

Bluegrass Christian Academy Inc

EIN: 20-0816659


Mission

Bluegrass Christian Academy partners with families to educate students in the classical tradition and form them into God-honoring people who grow in wisdom, virtue, and service to others through the entirety of their lives.

Ruling year info

2005

Principal Officer

Mrs. Andrea Hutchins

Co Principal Officer

Mr. Marcus Daly

Main address

2580 Springfield Rd

Bardstown, KY 40004 USA

Show more contact info

EIN

20-0816659

Subject area info

Education

Child educational development

Religion

Christianity

Elementary and secondary education

Population served info

Families

Parents

Religious groups

Children and youth

NTEE code info

Elementary, Secondary Ed (B20)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Communication

Programs and results

What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Classical Christian School

Bluegrass Christian Academy is a classical Christian school for students in grades Preschool - 12th.

Population(s) Served

Where we work

Financials

Bluegrass Christian Academy Inc
Fiscal year: Jul 01 - Jun 30

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2023 info

SOURCE: IRS Form 990

2.13

Average of 236.82 over 10 years

Months of cash in 2023 info

SOURCE: IRS Form 990

6.2

Average of 5.4 over 10 years

Fringe rate in 2023 info

SOURCE: IRS Form 990

8%

Average of 10% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Bluegrass Christian Academy Inc

Revenue & expenses

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

Bluegrass Christian Academy Inc

Balance sheet

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

Bluegrass Christian Academy Inc

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

This snapshot of Bluegrass Christian Academy Inc’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

Business model indicators

Profitability info 2019 2020 2021 2022 2023
Unrestricted surplus (deficit) before depreciation $33,420 -$382 $17,890 -$32,838 -$8,073
As % of expenses 11.8% -0.1% 5.7% -7.6% -1.8%
Unrestricted surplus (deficit) after depreciation $29,390 -$4,382 $17,890 -$32,838 -$8,073
As % of expenses 10.3% -1.4% 5.7% -7.6% -1.8%
Revenue composition info
Total revenue (unrestricted & restricted) $315,558 $316,312 $393,462 $397,680 $445,748
Total revenue, % change over prior year 9.3% 0.2% 24.4% 1.1% 12.1%
Program services revenue 91.9% 82.0% 64.9% 85.2% 86.4%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 0.0% 0.0% 0.0% 0.0% 0.0%
Government grants 0.0% 0.0% 0.0% 0.0% 0.0%
All other grants and contributions 8.1% 18.0% 32.8% 12.0% 11.0%
Other revenue 0.1% 0.0% 2.3% 2.8% 2.7%
Expense composition info
Total expenses before depreciation $282,138 $316,694 $311,861 $430,518 $453,821
Total expenses, % change over prior year 7.2% 12.2% -1.5% 38.0% 5.4%
Personnel 83.4% 83.8% 86.0% 70.8% 70.1%
Professional fees 2.9% 1.4% 2.1% 14.4% 16.1%
Occupancy 1.9% 2.2% 0.0% 0.0% 0.0%
Interest 0.0% 0.0% 0.0% 0.0% 0.0%
Pass-through 0.0% 0.0% 0.0% 0.0% 0.0%
All other expenses 11.7% 12.6% 11.9% 14.7% 13.9%
Full cost components (estimated) info 2019 2020 2021 2022 2023
Total expenses (after depreciation) $286,168 $320,694 $311,861 $430,518 $453,821
One month of savings $23,512 $26,391 $25,988 $35,877 $37,818
Debt principal payment $0 $0 $0 $0 $0
Fixed asset additions $0 $0 $0 $9,075 $0
Total full costs (estimated) $309,680 $347,085 $337,849 $475,470 $491,639

Capital structure indicators

Liquidity info 2019 2020 2021 2022 2023
Months of cash 6.3 5.6 8.8 5.5 6.2
Months of cash and investments 6.3 5.6 8.8 5.5 6.2
Months of estimated liquid unrestricted net assets 6.3 5.6 6.5 3.6 3.3
Balance sheet composition info 2019 2020 2021 2022 2023
Cash $148,521 $147,615 $228,290 $196,276 $233,433
Investments $0 $0 $0 $0 $0
Receivables $0 $0 $0 $0 $0
Gross land, buildings, equipment (LBE) $39,771 $39,771 $39,771 $39,771 $39,771
Accumulated depreciation (as a % of LBE) 64.8% 74.9% 84.9% 62.1% 72.2%
Liabilities (as a % of assets) 0.1% 0.1% 24.9% 32.3% 44.8%
Unrestricted net assets $0 $0 $0 $0 $0
Temporarily restricted net assets $0 N/A N/A N/A N/A
Permanently restricted net assets $0 N/A N/A N/A N/A
Total restricted net assets $0 $0 $0 $0 $0
Total net assets $162,368 $157,986 $175,876 $143,038 $134,965

Key data checks

Key data checks info 2019 2020 2021 2022 2023
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Letter of Determination is not available for this organization
Form 1023/1024 is not available for this organization

Principal Officer

Mrs. Andrea Hutchins

Co Principal Officer

Marcus Daly

Number of employees

Source: IRS Form 990

Bluegrass Christian Academy Inc

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
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Compensation data
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There are no highest paid employees recorded for this organization.

This organization has no recorded board members.