FOREST LAKE CHRISTIAN SCHOOL INC (EIN 237103004) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1970

Legal Domicile

Principal Officer

THOMAS SCHNEIDER

Phone

5302691540

Tax Period

2024-07-01 to 2025-06-30

FOREST LAKE CHRISTIAN SCHOOL INC, founded in 1970, is a community nonprofit in the Education sector that reported $2.7M in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year.

Mission

OPERATION OF A CHRISTIAN SCHOOL.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $357,352

Program Service Revenue $2,253,606

Investment Income $9,020

Other Revenue $115,422

TOTAL REVENUE $2,735,400

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,790,175

Fundraising Expenses $617

Program Expenses $2,524,528

Other Expenses $1,187,717

TOTAL EXPENSES $2,977,892

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,735,400	$3,235,412	-0.2%
Expenses	$2,977,892	$3,146,155	-0.1%
Net Income	$-242,492	$89,257	-3.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✓ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CARNEY BRIGGS	VICE PRESIDE	3.00	Officer Director	$0	$0	$0
RENEE FLORES	TREASURER	3.00	Officer Director	$0	$0	$0
RICHARD POWELL	SECRETARY	3.00	Officer Director	$0	$0	$0
THOMAS SCHNEIDER	PRESIDENT	3.00	Officer Director	$0	$0	$0
ERICA TERRASSA	BOARD MEMBER	3.00	Director	$0	$0	$0
STEVE TIBBETTS	BOARD MEMBER	3.00	Director	$0	$0	$0
LAUREN TRAPANI	BOARD MEMBER	3.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$2,735,400	$2,977,892	$2,359,566	$-242,492
2024	$3,235,412	$3,146,155	$2,644,144	$89,257
2023	$3,886,703	$3,961,960	$2,665,628	$-75,257
2022	$4,005,413	$3,686,873	$2,835,086	$318,540
2021	$3,789,404	$3,178,580	$2,810,095	$610,824
2020	$2,434,248	$2,897,384	$2,673,408	$-463,136
2019	$2,639,107	$3,040,865	$2,803,878	$-401,758
2018	$3,048,389	$3,056,326	$3,029,606	$-7,937

FOREST LAKE CHRISTIAN SCHOOL INC