Calvary Chapel School
Legal name: Calvary Chapel School Inc
Nonprofit profile at a glance
- EIN
- 650942749
- IRS 990 coverage
- 2011–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Sarasota, FL, US
- Phone
- (941) 366-6522
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Elementary, Secondary Education, K - 12
- Affiliation
- Christianity
Reported finances
- Revenue
- $1,228,424
- Expenses
- $944,193
- Assets
- $2,029,647
- Liabilities
- $809,209
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- Keith Chadwick (President)
- Kevin Sullivan (CEO)
People named in this filing
- Peter Woodruff (Director)
- Paul Manger (Director)
- Alex Peralta (Director)
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
Calvary Chapel School is a Christian school educating students from K5 through 8th grade, with Christ and God’s Word at the center of its academics and discipleship-focused culture. 3. Daily Bible instruction and prayer, with every subject integrated with the truths and Christian values contained in the Bible. 4. All students are taught to seek forgiveness for sin, accept Jesus Christ as their Savior, take personal initiative to study God’s Word, and make it their primary objective to love, serve, and honor Jesus Christ. Vision / Goals / Mission. Vision Our vision is to disciple children to know God and His Word and help them develop a Biblical worldview that will shape their thinking during their time at our school and long after they leave CCS. We want the students to have a strong and genuine relationship with Jesus. We want students not only knowing about Jesus, but knowing and...
What it reported doing in 2024
To educate children and to assist Christian families with their Biblical responsibilty to train according to Bible standards. In addition to Bible training, we exist to provide above grade level education offering increased achievement which is verified through annual testing.
Operating model
- Revenue model
- Other-operating. 74% of the money available for current operations came from other operating revenue.
- 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 76
- Transparency & Controls: 100
- Accountability: 88
- Sustainability: 69
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 76.9%; rating input score 77
- Program expense ratio: 100%; rating input score 100
- 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: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 5 of 7 controls in place; rating input score 71
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 23.1%; rating input score 79; 79th percentile among comparable filings
- Total-asset coverage ratio: 2.15; rating input score 67; 67th percentile among comparable filings
- Liabilities to assets ratio: 0.4; rating input score 19; 19th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings
Growth
- Program expense growth: 8% per year; rating input score 100; 56th percentile among comparable filings
- Revenue growth: 6.6% per year; rating input score 100; 52nd percentile among comparable filings
- Asset growth: 19.2% per year; rating input score 100; 80th percentile among comparable filings
Details
- What they do: 1 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 76.9% of revenue deployed · 100% of spending went to programs
- Governance: 9 of 9 board members independent · 5 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $944K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 24 of 24 current checks pass
- Schedules: 5 filed schedules
- Filing history: 14 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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.
- Review — Accountability: Governance controls: 2 of 7 not reported.
- High — Sustainability: Liabilities to assets ratio scored 19/100.