Legacy Christian Academy (EIN 452901666) - 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

Principal Officer

Paula Cowan

Phone

6613931783

Tax Period

2024-07-01 to 2025-06-30

Legacy Christian Academy is a community nonprofit in the Education sector that reported $2.5M in total revenue in fiscal year 2024. Expenses of $2.8M exceeded revenue, resulting in a 13% operating deficit.

Mission

TO CREATE A COMMUNITY OF LEARNERS WHERE STRONG CHRISTIAN CHARACTER IS BUILT AND ACADEMIC EXCELLENCE IS ACHIEVED THROUGH A UNIVERSITY MODEL CHRIST-CENTERED EDUCATION

🔒

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 $173,019

Program Service Revenue $2,284,982

Investment Income $6,494

Other Revenue $35,714

TOTAL REVENUE $2,500,209

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,958,798

Fundraising Expenses $154,572

Program Expenses $2,447,785

Other Expenses $874,117

TOTAL EXPENSES $2,832,915

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,500,209	$2,435,064	+0.0%
Expenses	$2,832,915	$2,513,278	+0.1%
Net Income	$-332,706	$-78,214	+3.3%

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

123

Volunteers

100

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

$120,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Paula Cowan	Director	40.00	Director	$120,000	$0	$120,000
Jill Hamilton-Bunch	President	4.00	Officer Director	$0	$0	$0
Patty Gosling	Director	2.00	Director	$0	$0	$0
Dominic Brown	CFO	4.00	Officer Director	$0	$0	$0
Doug Gosling	Director	2.00	Director	$0	$0	$0
Jayme Hodel	Director	20.00	Director	$0	$0	$0
Clayton Campbell	Director	2.00	Director	$0	$0	$0
Stacie Campbell	Director	4.00	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
2025	$2,500,209	$2,832,915	$328,985	$-332,706
2024	$2,435,064	$2,513,278	$537,757	$-78,214
2023	$2,034,942	$1,922,395	$544,734	$112,547
2022	$1,468,168	$1,474,430	$410,678	$-6,262
2021	$1,477,789	$1,220,538	$511,769	$257,251
2020	$988,881	$996,579	$333,814	$-7,698
2019	$915,882	$881,476	$188,964	$34,406
2018	$867,897	$849,133	$152,035	$18,764

Legacy Christian Academy