LAKELAND CHRISTIAN SCHOOL INC

EIN: 590730067 501(c)(3) Education

LAKELAND, FL

Total Revenue
$23,886,064
Total Expenses
$21,899,730
Total Assets
$68,897,371
Net Assets
$65,484,177
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1954
Legal Domicile
FL
Principal Officer
BRYANT BLACK
Phone
8636882771
Tax Period
2023-07-01 to 2024-06-30

LAKELAND CHRISTIAN SCHOOL INC, founded in 1954, is a mid-sized nonprofit in the Education sector that reported $23.9M in total revenue in fiscal year 2023. Expenses of $21.9M left a modest 8% surplus.

Mission

TO EDUCATE STUDENTS GRADES K4-12 IN THE LIGHT OF GOD'S WORD TO EQUIP THEM FOR LIFE

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,039,430
Program Service Revenue $19,726,320
Investment Income $1,067,918
Other Revenue $52,396
TOTAL REVENUE $23,886,064

Expense Breakdown

Grants Paid $2,461,597
Salaries & Benefits $10,897,182
Fundraising Expenses $331,933
Program Expenses $17,602,594
Other Expenses $8,540,951
TOTAL EXPENSES $21,899,730

Year-over-Year Comparison

2023 2022 Change
Revenue $23,886,064 $22,667,518 +0.1%
Expenses $21,899,730 $19,203,286 +0.1%
Net Income $1,986,334 $3,464,232 -0.4%
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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Governance

Voting Members
11
Independent Members
11
Employees
342
Volunteers
500

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
6
$489,173
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KEVIN KNOWLTON CHAIRMAN 1.00
Officer Director
$0 $0 $0
CORY PETCOFF VICE-CHAIRMAN 1.00
Officer Director
$0 $0 $0
PAYTON ALBRITTON SECRETARY 1.00
Officer Director
$0 $0 $0
HEATHER BRYANT BOARD MEMBER 1.00
Director
$0 $0 $0
DAN DELANGE BOARD MEMBER 1.00
Director
$0 $0 $0
SHANNON DONLEY BOARD MEMBER - THRU 2/24 1.00
Director
$0 $0 $0
DAN GREEN BOARD MEMBER 1.00
Director
$0 $0 $0
HOLLAND HENDERSON BOARD MEMBER 1.00
Director
$0 $0 $0
SCOTT MACDONALD BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID MILLER BOARD MEMBER 1.00
Director
$0 $0 $0
STEVE SLIGH BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN TUCKER BOARD MEMBER 1.00
Director
$0 $0 $0
BRYANT BLACK HEAD OF SCHOOL - AS OF 8/23 40.00
Officer
$161,945 $33,895 $195,840
MATT GREEN CHIEF FINANCIAL OFFICER 40.00
Officer
$121,507 $16,869 $138,376
MICHAEL SLIGH HEAD OF SCHOOL - THRU 7/23 40.00
Officer
$143,713 $11,244 $154,957
MATT DIAZ CHIEF ADVANCEMENT OFFICER 40.00
Highest
$121,183 $5,882 $127,065
KEITH OVERHOLT ASSOC. HEAD OF SCHOOL - THRU 7/23 40.00
Highest
$115,196 $14,963 $130,159
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 No data No data No data No data
2024 $23,886,064 $21,899,730 $68,897,371 $1,986,334
2023 $22,667,518 $19,203,286 $70,020,015 $3,464,232
2022 $29,249,240 $17,549,672 $60,596,367 $11,699,568
2021 $25,495,778 $16,665,106 $48,746,499 $8,830,672
2020 $20,913,459 $16,450,465 $42,575,125 $4,462,994
2019 $16,201,821 $15,776,235 $37,804,866 $425,586
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