Christian Learning Center EIN 22-2586246 Form 990 (PDF) Claim this org

Christian Learning Center

Not yet claimed Claim this org →

Educates young people from preschool through 12th grade in a Christian learning environment. For fiscal year 2024 it reported $785K in revenue, $956K in expenses, and $775K in net assets.Pt I

Founded
1982
Type
Public charity (501(c)(3)) · Nonprofit
Location
Corning, NY
Website
www.corningchristianacademy.com
Filings
4 on file (2021–2024)
Revenue
$785KFY2024
Expenses
$956K
Net assets
$775K
People
7
Filings
4
Updates
0
More identity details & actions ⌄
EIN  22-2586246 Public charity (501(c)(3)) Corning, NY Founded 1982
Form 990 (PDF)
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Christian Learning Center claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Educates young people from preschool through 12th grade in a Christian learning environment.
Leadership
Stacy Thomas · Administrator · $46K
Money in and out
$785K revenue, $956K expenses
Bottom line
88% program efficiency
Where the money goes · FY2024
Total revenue
$785K
Pt VIII · Ln 12
Total expenses
$956K
Pt IX · Ln 25
Net assets
$775K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$171K
Where spending went · Part IX cols B–D
Program services $0.88 Management & general $0.12
Program efficiency
88%
of spending reaches programs-0.05% vs prior filing year
Operating runway
1.8mo
months of highly liquid reserves at operating expense rate▼ -57% vs prior filing year
Surplus margin
-22%
revenue over expenses, this year▼ -28% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$785K
FY2024▲ +6%
Expenses
$956K
FY2024▲ +11%
Total assets
$828K
FY2024▼ -19%
Total liabilities
$53K
FY2024▼ -31%
Total revenue
$785K
Pt VIII · Ln 12
Total expenses
$956K
Pt IX · Ln 25
Net assets
$775K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$171K
Total assetsPt X · Ln 16$828K
Program-expense ratioPt IX · col B88%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CChristian Learning Center
EINHdr · item D22-2586246
Principal addressHdr · item CCorning, NY
Year of formationHdr · item L1982
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFDec 1985

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Administrator
$46,436Pt VII · Sec A
Vice Chairman
$0Pt VII · Sec A
Secretary/Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021
Keila Underwood$50,008$47,457$45,790$42,251
Stacy Thomas$46,436

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Christian Learning Center executive salaries →

Are you one of these people? Claim this org to confirm your role

Mission & Programs · Part III

Where the work happens

1 program service account for $845K of program spending, described in the organization's own filed words · FY2024.
01

The education of young people in the preschool through twelfth grade in a christian centered learning facility.

$845Kprogram expense

Run this program? Claim this org to tell your story

Statement of Revenue

Part VIII
Program service revenue$612K · 78%
Contributions & grants$144K · 18%
Other revenue$19K · 2%
Investment income$10K · 1%
Program service revenue78%$612K
Contributions & grants18%$144K
Other revenue2%$19K
Investment income1%$10K
— government grantsLn 1e$40K
Total revenueLn 12$785K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.88 Management & general $0.12
Program services88%$845K
Management & general12%$111K
Total functional expensesLn 25$956K

Balance Sheet

Part X · end of year
CashLn 1$140K
Total assetsLn 16$828K
Total liabilitiesLn 26$53K
Total net assetsLn 32$775K
Months of cash on handcomputed1.8

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $140K · Operating expenses (Pt IX) $956K · Less non-cash grants $50 · Cash operating expenses/yr $956K
1.8 months
Where the money goes
Program services
Program services $845K · Total expenses $956K
88%
Management & General
Management & general $111K · Total expenses $956K
12%
Fundraising
Fundraising $0 · Total expenses $956K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $37K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $144K · Total revenue $785K
18%
Government reliance
Government grants $40K · Total revenue $785K
5%
Earned-income share
Program service revenue $612K · Total revenue $785K
78%
Investment reliance
Investment income $10K · Total revenue $785K
+1%
Program self-sufficiency
Program service revenue $612K · Total expenses $956K
64%
Growth & trend
Revenue growth (YoY)
This year $785K · Prior year $738K
+6%
Revenue CAGR
FY2020 $873K · FY2024 $785K
-3%
Net-asset trend (YoY)
End of year $775K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $785K · Expenses $956K
-22%
Liabilities-to-Assets
Total liabilities — · Total assets $828K
Net-asset ratio
Net assets $775K · Total assets $828K
94%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $828K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Stacy Thomas · Reported title ADMINISTRATOR · Highest reported compensation $46K · Total expenses $956K
5%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $664K · Total expenses $956K
69%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 88%
Overhead ratio 12%
Revenue growth 6%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$8K

Similar Organizations

Closest in mission — by what they do
See all organizations like Christian Learning Center →

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$738K revenue · ⤓ 990 PDF
FY2023$817K revenue · ⤓ 990 PDF
FY2022$1.0M revenue · ⤓ 990 PDF
FY2021$873K revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.