COLLEYVILLE COVENANT CHRISTIAN ACADEMY: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: COLLEYVILLE COVENANT CHRISTIAN ACADEMY (EIN 75-2623331)
Tax period: 2011-08-01 to 2012-07-31
Filed: 2013-05-29
IRS object ID: 201301499349300005
Schema version: 2011v1.2
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule E
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-05-29T08:16:14-05:00	Timestamp
Tax Period End Date	2012-07-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Stallard & Company	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	9293 Huntington Sq Suite 200	AddressLine1
City	North Richland Hills	City
State	TX	State
ZIP Code	76182	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2011-08-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	752623331	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	Colleyville Covenant Christia	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	COLL	NameControl
Phone	8172814333	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	901 Cheek Sparger Rd	AddressLine1
City	Colleyville	City
State	TX	State
ZIP Code	76034	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	Paul McCollum	Name
Title	Chairman	Title
Date Signed	2013-05-29	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	Jill Stallard	Name
Phone	8175140200	Phone

Field	Value	IRS element (for citing)
Tax Year	2011	TaxYear
Build TS	2016-02-25 16:41:14Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	Ted Brooks	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	901 CheekSparger Rd	AddressLine1
City	Colleyville	City
State	TX	State
ZIP Code	76034	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	6586817	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1985	YearFormation
State Legal Domicile	TX	StateLegalDomicile
Activity Or Mission Description	The primary program service of Covenant Christian Academy is the education of children three through 18 years of age The school year is from August through May	ActivityOrMissionDescription
Nbr Voting Members Governing Body	8	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	8	NbrIndependentVotingMembers
Total Nbr Employees	176	TotalNbrEmployees
Total Nbr Volunteers	225	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Net Unrelated Business Txbl Income	-11	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	399796	ContributionsGrantsPriorYear
Contributions Grants Current Year	277162	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	5461256	ProgramServiceRevenuePriorYear
Program Service Revenue CY	6309643	ProgramServiceRevenueCY
Investment Income Prior Year	490	InvestmentIncomePriorYear
Investment Income Current Year	12	InvestmentIncomeCurrentYear
Other Revenue Current Year	0	OtherRevenueCurrentYear
Total Revenue Prior Year	5861542	TotalRevenuePriorYear
Total Revenue Current Year	6586817	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	3608509	SalariesEtcPriorYear
Salaries Etc Current Year	3943390	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	133722	TotalFundrsngExpCurrentYear
Other Expense Prior Year	2693913	OtherExpensePriorYear
Other Expenses Current Year	2735397	OtherExpensesCurrentYear
Total Expenses Prior Year	6302422	TotalExpensesPriorYear
Total Expenses Current Year	6678787	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	-440880	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	-91970	RevenuesLessExpensesCY
Total Assets BOY	14391516	TotalAssetsBOY
Total Assets EOY	14379092	TotalAssetsEOY
Total Liabilities BOY	8936957	TotalLiabilitiesBOY
Total Liabilities EOY	9016503	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	5454559	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	5362589	NetAssetsOrFundBalancesEOY
Mission Description	The mission is to provide a biblically based, classical, college preparatory education that inspires a passion for excellence, a heart of grace and the character of Christ	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	6545065	Expense
Revenue	6586817	Revenue
Description	The primary program service of Covenant Christian Academy	Description
Total Program Service Expense	6545065	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	true	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Subject To Proxy Tax	false	SubjectToProxyTax
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	true	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	true	ReportOtherLiabilities
Report Fin48 Footnote	false	ReportFin48Footnote
Independent Audit Financial Stmt	true	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	true	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	false	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transaction Related Entity	false	TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	22	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Number Of Employees	176	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	true	UnrelatedBusinessIncome
Form990-T Filed	true	Form990-TFiled
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Indoor Tanning Services	false	IndoorTanningServices
Nbr Voting Governing Body Members	8	NbrVotingGoverningBodyMembers
Number Independent Voting Members	8	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	false	WhistleblowerPolicy
Document Retention Policy	true	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	true	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	Covenant Christian Aca	NamePerson
Telephone Number	8172814333	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	901 CheekSparge	AddressLine1
City	Colleyville	City
State	TX	State
ZIP Code	76034	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (7 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation
Paul McCollum
Chairman	10	X	0	0	0
Mike Oneal
Trustee	0	X	0	0	0
Mitch Baugus
Trustee	0	X	0	0	0
James Halpert
Trustee	0	X	0	0	0
Jerry Bullard
Trustee	0	X	0	0	0
Ted Brooks
Trustee	0	X	0	0	0
Alex Garcia
Trustee	0	X	0	0	0

Field	Value	IRS element (for citing)
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources

Contractor Compensation ContractorCompensation

Name Of Contractor NameOfContractor

Field	Value	IRS element (for citing)
Name Person	None	NamePerson

Field	Value	IRS element (for citing)
All Other Contributions	277162	AllOtherContributions
Total Contributions	277162	TotalContributions

Program Service Revenue ProgramServiceRevenue

Field	Value	IRS element (for citing)
Description	Tuition,fees,service	Description
Total Revenue Column	6309643	TotalRevenueColumn
Related Or Exempt Function Income	6309643	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Program Service Revenue	6309643	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	12	TotalRevenueColumn
Related Or Exempt Function Income	12	RelatedOrExemptFunctionIncome

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	6586817	TotalRevenueColumn
Related Or Exempt Function Income	6309655	RelatedOrExemptFunctionIncome

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	3348065	Total
Program Services	3348065	ProgramServices

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	83981	Total
Program Services	83981	ProgramServices

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	264334	Total
Program Services	264334	ProgramServices

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	247010	Total
Program Services	247010	ProgramServices

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	592840	Total
Program Services	592840	ProgramServices

Interest Interest

Field	Value	IRS element (for citing)
Total	503974	Total
Program Services	503974	ProgramServices

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	575949	Total
Program Services	575949	ProgramServices

Other Expenses OtherExpenses (4 entries)

TotalTotal
173514
113061
271628
90556

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	413875	Total

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	6678787	Total
Program Services	6545065	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	133722	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	1108569	BOY
EOY	2401799	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	1117958	BOY
EOY	435923	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
BOY	153052	BOY
EOY	8862	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	122831	BOY
EOY	137349	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	115104	BOY
EOY	77292	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	14312971	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	3143841	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	11584361	BOY
EOY	11169130	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	189641	BOY
EOY	148737	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	14391516	BOY
EOY	14379092	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	200618	BOY
EOY	172775	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	3059598	BOY
EOY	3315392	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	5676741	BOY
EOY	5115000	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
EOY	413336	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	8936957	BOY
EOY	9016503	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	5052692	BOY
EOY	4876997	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	382057	BOY
EOY	464034	EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	19810	BOY
EOY	21558	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	5454559	BOY
EOY	5362589	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	14391516	BOY
EOY	14379092	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	-91970	ReconcilationRevenueExpenses
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited
Audit Committee	true	AuditCommittee
Financial Statement Both	X	FinancialStatementBoth
Federal Grant Audit Required	false	FederalGrantAuditRequired

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
School170b1 Aii	X	School170b1Aii

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Field	Value	IRS element (for citing)
Contributor Number	RESTRICTED	ContributorNumber

Contributor Name Business ContributorNameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor Address US ContributorAddressUS

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Aggregate Contributions	RESTRICTED	AggregateContributions

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Included On FS	false	IncludedOnFS

Current Year CurrentYear

Field	Value	IRS element (for citing)
Beginning Of Year Balance	19810	BeginningOfYearBalance
Contributions	1748	Contributions
End Of Year Balance	21558	EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

Field	Value	IRS element (for citing)
Beginning Of Year Balance	18600	BeginningOfYearBalance
Contributions	1210	Contributions
End Of Year Balance	19810	EndOfYearBalance

Current Year Minus2 Years CurrentYearMinus2Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	17600	BeginningOfYearBalance
Contributions	1000	Contributions
End Of Year Balance	18600	EndOfYearBalance

Field	Value	IRS element (for citing)
Permanent Endowment EOY Balance	1.00000	PermanentEndowmentEOYBalance
Endowments Held By Unrelated Orgs	false	EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs	false	EndowmentsHeldByRelatedOrgs

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	813912	OtherCostOrOtherBasis
Book Value	813912	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	11393169	OtherCostOrOtherBasis
Depreciation	3143841	Depreciation
Book Value	8249328	BookValue

Leasehold Improvements LeaseholdImprovements

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	824330	OtherCostOrOtherBasis
Book Value	824330	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	1281560	OtherCostOrOtherBasis
Book Value	1281560	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	11169130	TotalOfBookValueLandBuildings

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
Description	Interest rate swap	Description
Amount	$413,336	Amount

Field	Value	IRS element (for citing)
Total Of Amounts	413336	TotalOfAmounts
Total Revenue	6586817	TotalRevenue
Total Expenses	6678787	TotalExpenses
Excess Or Deficit For Year	-91970	ExcessOrDeficitForYear
Excess Or Deficit Per FS	-91970	ExcessOrDeficitPerFS

Schedule E IRS990ScheduleE

Field	Value	IRS element (for citing)
Nondiscriminatory Policy Stmt	true	NondiscriminatoryPolicyStmt
Policy Statement In Brochures Etc	true	PolicyStatementInBrochuresEtc
Policy Publ Via Broadcast Media	true	PolicyPublViaBroadcastMedia
Maint Racial Composition Records	true	MaintRacialCompositionRecords
Maint Scholarships Records	true	MaintScholarshipsRecords
Maint Copies Of Brochures Etc	true	MaintCopiesOfBrochuresEtc
Maint Copies Of All Solicitations	true	MaintCopiesOfAllSolicitations
Discriminate Race Students Rights	false	DiscriminateRaceStudentsRights
Discriminate Race Admiss Policies	false	DiscriminateRaceAdmissPolicies
Discriminate Race Emplmn Faculty	false	DiscriminateRaceEmplmnFaculty
Discriminate Race Scholarships	false	DiscriminateRaceScholarships
Discriminate Race Educ Policies	false	DiscriminateRaceEducPolicies
Discriminate Race Use Of Fclts	false	DiscriminateRaceUseOfFclts
Discriminate Race Athletic Prog	false	DiscriminateRaceAthleticProg
Discriminate Race Other Acty	false	DiscriminateRaceOtherActy
Government Financial Aid Received	false	GovernmentFinancialAidReceived
Government Financial Aid Revoked	false	GovernmentFinancialAidRevoked
Compliance With Rev Proc7550	true	ComplianceWithRevProc7550

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (6 entries)

ExplanationExplanation
The board reviews salaries and does an analysis and comparison to
ensure salaries are within the market for this area.
Financial information and Form 990 are available for review by those
who request through an appointment at the business office.
The school reviews all new hires to ensure that there is no conflict
of interest involved.