Muncie Christian School in Wyandotte County will be able to serve students for a 56th year after all.
Praise Chapel Christian Fellowship Church has agreed to purchase the school, along with taking over a $144,000 debt to the IRS, in order to keep the school open.
Due to the $144,000 payroll debt, the IRS was planning to shut the school down later this month if the debt was not paid on time.
The current financial situation was fueled by the downturn in the economy four years ago. Enrollment numbers have been cut in half since 2000, most of which was created due to the recession.
After the announcement on Monday that the school may close, students, faculty and administration members at Muncie began fundraising to solve the debt - and save the school.
Over $6,000 was donated to the SaveMCS.com Website in less than five days. Fundraising events were held at Chick-fil-A and over 50 individual donations were made to the school's Website. A talent show was planned for today.
Praise Chapel will buy the land and school and will be involved in the day-to-day operations of the school.
More information about the plan and situation will be released soon.
