LAKEVIEW CHRISTIAN ACADEMY INC (EIN 411710169) - 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

Legal Domicile

Principal Officer

PETER FRANZEN

Phone

2187238844

Tax Period

2023-08-01 to 2024-07-31

LAKEVIEW CHRISTIAN ACADEMY INC is a community nonprofit that reported $2.5M in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion.

Mission

TO PARTNER WITH CHRISTIAN PARENTS TO "TRAIN YOUNG CHAMPIONS FOR CHRIST - SPIRITUALLY, ACADEMICALLY, SOCIALLY, EMOTIONALLY, AND PHYSICALLY."

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $375,709

Program Service Revenue $2,005,185

Investment Income $425

Other Revenue $108,894

TOTAL REVENUE $2,490,213

Expense Breakdown

Grants Paid $470,400

Salaries & Benefits $1,617,711

Fundraising Expenses $17,128

Program Expenses $2,119,071

Other Expenses $438,535

TOTAL EXPENSES $2,526,646

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,490,213	$2,220,389	+0.1%
Expenses	$2,526,646	$2,260,216	+0.1%
Net Income	$-36,433	$-39,827	-0.1%

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

$171,135

Total Directors

$171,135

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AARON WALLS	HEAD OF SCHO	40.00	Officer Director	$90,089	$16,298	$106,387
HEIDI WRIGHT	PRINCIPAL	40.00	Officer Director	$53,268	$11,480	$64,748
JILL BROMAN	DIRECTOR	2.00	Director	$0	$0	$0
JOSEPH FISCHER	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
PETER FRANZEN	PRESIDENT	7.00	Officer Director	$0	$0	$0
JEFFREY HIRSCHOFF	DIRECTOR	2.00	Director	$0	$0	$0
ALYSSA HOLMSTROM	DIRECTOR	2.00	Director	$0	$0	$0
KJERSTEN LARSON	TREASURER	7.00	Officer Director	$0	$0	$0
CHAD WATCZAK	SECRETARY	2.00	Officer 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
2024	$2,490,213	$2,526,646	$607,865	$-36,433
2023	$2,220,389	$2,260,216	$615,997	$-39,827
2022	$2,140,429	$2,233,349	$633,866	$-92,920
2021	$2,073,206	$1,891,465	$472,923	$181,741
2020	$1,724,071	$1,741,256	$248,785	$-17,185
2019	$1,736,689	$1,689,578	$295,416	$47,111
2018	$2,062,870	$2,091,939	$294,245	$-29,069

LAKEVIEW CHRISTIAN ACADEMY INC