Cole Valley Christian Schools Inc

Nonprofit profile at a glance

EIN
862425049
IRS 990 coverage
2020–2024
Forms available
Form 990 2024
Location
Meridian, ID, USA
Phone
2089471212
Rating
72
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Elementary, Secondary Education, K - 12
Affiliation
Christianity

Official website

Reported finances

Revenue
$17,177,026
Expenses
$14,802,017
Assets
$21,046,777
Liabilities
$5,553,824

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

Leadership & pay

10 people listed

Executive titles in this filing

  • MICHAEL PAPAC (PRESIDENT)
  • JASON WARRINER (VICE PRESIDENT)

Highest reported compensation

  • ALLEN HOWLETT (SUPERINTENDENT): $200,376 total reported compensation
  • BRET MOEHLMANN (CFO): $127,996 total reported compensation
  • DUANE GRAY (MEMBER): $6,262 total reported compensation

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

Overview

Mission

Partnering with christian families to shepherd and challenge students toward their individual potential to impact the world for jesus christ.

What it reported doing in 2024

Athletics and other ancillary programs are central to the school's mission of shepherding and challenging the whole person. Our exempt purpose for which the corporation is organized is to establish, maintain, promote, and operate a christian school that is charitable, religious and educational. The school views athletics and other ancillary activities as a critical educational component that allows the student to learn real-life lessons and apply biblical truth through experiential discovery. Athletic events are conducted at our 2 campus locations and other local schools and facilities as required. The school hires qualified coaches and support staff to run these athletic and ancillary programs with oversight of appropriate administration.

Operating model

Revenue model
Earned-program. 79% of the money available for current operations came from fees and other program 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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 72
  • Transparency & Controls: 65
  • Accountability: 80
  • Sustainability: 64
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 72.4%; rating input score 72
  • Program expense ratio: 85.1%; rating input score 85
  • Fundraising efficiency: $7.66 raised per $1 spent on fundraising; rating input score 31; 31st percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 75%; rating input score 75; 14th percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 13.8%; rating input score 75; 75th percentile among comparable filings
  • Total-asset coverage ratio: 1.42; rating input score 49; 49th percentile among comparable filings
  • Liabilities to assets ratio: 0.26; rating input score 50; 50th percentile among comparable filings
  • Officer compensation ratio: 2.3%; rating input score 74; 74th percentile among comparable filings

Growth

  • Program expense growth: 31.2% per year; rating input score 100; 95th percentile among comparable filings
  • Revenue growth: 26.7% per year; rating input score 100; 95th percentile among comparable filings
  • Asset growth: 29.7% per year; rating input score 100; 96th percentile among comparable filings

Details

  • Where the money goes: 72.4% of revenue deployed · 85.1% of spending went to programs
  • Governance: 6 of 8 board members independent · 7 of 8 filing controls reported
  • Programs: 2 filed program accomplishments · $12.6M in reported program spending
  • Leadership: top reported pay $200K · 10 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 36 of 36 current checks pass
  • Schedules: 9 filed schedules · includes major donors and executive pay
  • Filing history: 5 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • 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 — Transparency & Controls: Pay-setting controls scored 0/100.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 31/100.
  • Review — Accountability: Governance controls: Document-retention policy not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 49/100.
  • Review — Sustainability: Liabilities to assets ratio scored 50/100.