LAKE CENTER CHRISTIAN SCHOOL (EIN 340973906) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1965

Legal Domicile

Principal Officer

MARK SHELLY

Phone

3308772049

Tax Period

2024-07-01 to 2025-06-30

LAKE CENTER CHRISTIAN SCHOOL, founded in 1965, is a mid-sized nonprofit in the Education sector that reported $14.4M in total revenue in fiscal year 2024. Revenue surged 42% from the prior year, signaling strong growth momentum. Expenses of $12.5M left a modest 13% surplus.

Mission

PROVIDE A QUALITY CHRISTIAN EDUCATION FOR STUDENTS FROM THE KINDERGARTEN THRU HIGH SCHOOL.

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Trantor Score

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

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $5,114,251

Program Service Revenue $8,857,060

Investment Income $345,328

Other Revenue $131,290

TOTAL REVENUE $14,447,929

Expense Breakdown

Grants Paid $103,730

Salaries & Benefits $7,870,296

Fundraising Expenses $16,177

Program Expenses $9,118,333

Other Expenses $4,550,160

TOTAL EXPENSES $12,524,186

Year-over-Year Comparison

	2024	2023	Change
Revenue	$14,447,929	$10,155,482	+0.4%
Expenses	$12,524,186	$8,945,762	+0.4%
Net Income	$1,923,743	$1,209,720	+0.6%

Key Indicators

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

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

258

Volunteers

375

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
MARK SHELLY	CHAIRMAN/PRE	1.00	Officer Director	$0	$0	$0
SCOTT SOMMERS	VICE CHAIRMA	1.00	Officer Director	$0	$0	$0
CARRIE KANE	SECRETARY	1.00	Officer Director	$0	$0	$0
RYAN TATUM	TREASURER	1.00	Officer Director	$0	$0	$0
JOHN DILLER	BOARD MEMBER	1.00	Director	$0	$0	$0
STACEY BAKER	BOARD MEMBER	1.00	Director	$0	$0	$0
JEFFREY HERSHBERGER	BOARD MEMBER	1.00	Director	$0	$0	$0
DAN PITTMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
GREG WARDER	BOARD MEMBER	1.00	Director	$0	$0	$0
TIMOTHY MCABOY	SUPERITENDEN	40.00	Highest	$110,331	$0	$110,331

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	$14,447,929	$12,524,186	$17,042,627	$1,923,743
2024	$10,155,482	$8,945,762	$15,245,640	$1,209,720
2023	$9,283,021	$7,204,910	$13,673,744	$2,078,111
2022	$6,673,654	$6,065,792	$11,482,046	$607,862
2021	$5,721,381	$5,857,847	$11,755,789	$-136,466
2020	$6,611,246	$5,377,747	$11,058,970	$1,233,499
2019	$5,595,410	$5,242,279	$9,861,200	$353,131
2018	$5,189,212	$4,879,525	$9,432,331	$309,687

LAKE CENTER CHRISTIAN SCHOOL