Oak Tree Academy EIN 68-0354148 Form 990 (PDF) Claim this org

Oak Tree Academy FY2024 filing

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Provides excellent, God-centered education to equip Christian students to think biblically and emulate Christ. For fiscal year 2024 it reported $503K in revenue, $446K in expenses, and $577K in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
Orland, CA
Website
www.providencechristianlions.org
Filings
6 on file (2020–2024)
Revenue
$503KFY2024
Expenses
$446K
Net assets
$577K
People
4
Filings
6
Updates
0
More identity details & actions ⌄
EIN  68-0354148 Public charity (501(c)(3)) Orland, CA
Form 990 (PDF)
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Provides excellent, God-centered education to equip Christian students to think biblically and emulate Christ.
Leadership
Joe Richter · Treasurer
Money in and out
$503K revenue, $446K expenses
Bottom line
92% program efficiency
Where the money goes · FY2024
Total revenue
$503K
Pt VIII · Ln 12
Total expenses
$446K
Pt IX · Ln 25
Net assets
$577K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $58K
Where spending went · Part IX cols B–D
Program services $0.92 Management & general $0.07 Fundraising $0.00
Program efficiency
92%
of spending reaches programs
Operating runway
10.2mo
months of highly liquid reserves at operating expense rate
Surplus margin
+11%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$503K
FY2024▼ -23%
Expenses
$446K
FY2024▼ -17%
Total assets
$601K
FY2024▲ +11%
Total liabilities
$24K
FY2024▲ +18%
Total revenue
$503K
Pt VIII · Ln 12
Total expenses
$446K
Pt IX · Ln 25
Net assets
$577K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$58K
Total assetsPt X · Ln 16$601K
Program-expense ratioPt IX · col B92%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 43

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item COak Tree Academy
EINHdr · item D68-0354148
Principal addressHdr · item COrland, CA
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B24)
Ruling yearIRS BMFDec 2002

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
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 · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service account for $411K of program spending, described in the organization's own filed words · FY2023.
01

Providence christian school provides christian education to elementary through high school students, and early childhood education through oak tree christian preschool.

$411Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$287K · 57%
Contributions & grants$193K · 38%
Other revenue$18K · 4%
Investment income$5K · 1%
Program service revenue57%$287K
Contributions & grants38%$193K
Other revenue4%$18K
Investment income1%$5K
Total revenueLn 12$503K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.92 Management & general $0.07 Fundraising $0.00
Program services92%$411K
Management & general7%$33K
Fundraising$2K
Total functional expensesLn 25$446K

Balance Sheet

Part X · end of year
CashLn 1$380K
Total assetsLn 16$601K
Total liabilitiesLn 26$24K
Total net assetsLn 32$577K
Months of cash on handcomputed10.2

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $380K · Operating expenses/yr $446K
10.2 months
Where the money goes
Program services
Program services $411K · Total expenses $446K
92%
Management & General
Management & general $33K · Total expenses $446K
7%
Fundraising
Fundraising $2K · Total expenses $446K
0.4%
Cost to raise $1
Fundraising expense (3-yr avg) $1K · Solicited contributions (3-yr avg) $148K
$0.01 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $193K · Total revenue $503K
38%
Government reliance
Government grants — · Total revenue $503K
Earned-income share
Program service revenue $287K · Total revenue $503K
57%
Investment reliance
Investment income $5K · Total revenue $503K
+0.9%
Program self-sufficiency
Program service revenue $287K · Total expenses $446K
64%
Growth & trend
Revenue growth (YoY)
This year $503K · Prior year $653K
-23%
Revenue CAGR
FY2019 $557K · FY2023 $503K
-3%
Net-asset trend (YoY)
End of year $577K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $503K · Expenses $446K
+11%
Liabilities-to-Assets
Total liabilities — · Total assets $601K
Net-asset ratio
Net assets $577K · Total assets $601K
96%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $601K
0%
People & payroll
Highest Reported Total Compensation
Individual Joe Richter · Reported title Treasurer · Highest reported compensation $0 · Total expenses $446K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $319K · Total expenses $446K
72%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 92%
Overhead ratio 7%
Fundraising cost ratio 0.9%
Revenue growth -23%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0.2%
Fundraising fee ratio 0%

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 · FY2023
Total grants receivedfrom 1 funder$30K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$581K revenue · ⤓ 990 PDF
FY2024$503K revenue · viewing · ⤓ 990 PDF
FY2023$653K revenue · ⤓ 990 PDF
FY2022$521K revenue · ⤓ 990 PDF
FY2021$330K revenue · ⤓ 990 PDF
FY2020$557K revenue · ⤓ 990 PDF

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Sources

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