Bethel Classical Academy

Nonprofit profile at a glance

EIN
870963539
IRS 990 coverage
2022–2024
Forms available
Form 990 2024
Location
Irvine, CA, USA
Phone
9498544013
Rating
64
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Primary, Elementary Schools

Reported finances

Revenue
$1,327,458
Expenses
$874,376
Assets
$2,126,083
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • BRYAN H KIM (President & CEO)

People named in this filing

  • BRYAN H KIM (President & CEO)
  • SEUNG NACK JEONG (Secretary)
  • CHAE WON SONG (CFO)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The fundamental purpose of BCA, as a school, is to educate with excellence. We believe that truly outstanding education can never be accomplishedapart from a central recognition of God as Truth and the source of all wisdom. The wisdom of this world is foolishness with God. Corinthians 3:19. Forthis reason, all subject matter at BCA must be taught from a Biblical worldview, explicitly recognizing the centrality of God in all learning and discourse.Happy is the man who finds wisdom, and the man who gains understanding; for her proceeds are better than the profits of silver, and her gain than finegold. She is more precious than rubies, and all the things you may desire cannot compare with her. Proverbs 2:13-15. In the pursuit of knowledge andwisdom, it is our desire to equip students not only with an excellent understanding of academic subjects but also with a mature understanding of thenature of God, our relationship and responsibility to God and others, our moral responsibility for the

What it reported doing in 2024

In 2021, Bethel Classical Academy was established in City of Irvine, California, to provide a classical and Christian education which adheres to aProtestant, biblical worldview as articulated in our Statement of Faith. The goals of this education are to use the great works and events of WesternCivilization as fodder for developing in students an appreciation of that which is true, good, beautiful and noble; life-long habits of learning and criticalthinking; and the desire and ability to respectfully, creatively and winsomely communicate.The fundamental purpose of BCA, as a school, is to educate with excellence. We believe that truly outstanding education can never be accomplishedapart from a central recognition of God as Truth and the source of all wisdom. The wisdom of this world is foolishness with God. Corinthians 3:19. Forthis reason, all subject matter at BCA must be taught from a Biblical worldview, explicitly recognizing the centrality of God in all learning and discourse.Happy is the man who finds wisdom, and the man who gains understanding; for her proceeds are better than the profits of silver, and her gain than finegold. She is more precious than rubies, and all the things you may desire cannot compare with her. Proverbs 2:13-15. In the pursuit of knowledge andwisdom, it is our desire to equip students not only with an excellent understanding of academic subjects but also with a mature understanding of thenature of God, our relationship and responsibility to God and others, our moral responsibility for the choices we make, and an appreciation of God'screation.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 67
  • Transparency & Controls: 92
  • Accountability: 0
  • Sustainability: 82
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 64.4%; rating input score 64
  • Program expense ratio: 95%; rating input score 95
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 5th percentile among comparable filings
  • Governance controls: 0 of 7 controls in place; rating input score 0
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Fail
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 34.1%; rating input score 87; 87th percentile among comparable filings
  • Total-asset coverage ratio: 2.43; rating input score 70; 70th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 91; 91st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: 16.4% per year; rating input score 100; 77th percentile among comparable filings
  • Revenue growth: 4.1% per year; rating input score 100; 38th percentile among comparable filings
  • Asset growth: 42% per year; rating input score 100; 95th percentile among comparable filings

Details

  • Where the money goes: 64.4% of revenue deployed · 95% of spending went to programs
  • Governance: 0 of 3 board members independent · 0 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $831K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 21 of 21 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Accountability: Independent voting board scored 0/100.
  • High — Accountability: Governance controls: 6 of 6 not reported.