LITTLE ROCK CHRISTIAN ACADEMY INC

EIN: 710750151 501(c)(3) Education

LITTLE ROCK, AR

Total Revenue
$24,245,372
Total Expenses
$24,458,469
Total Assets
$60,680,590
Net Assets
$58,332,156
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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
AR
Principal Officer
JIM FINK
Phone
5018689822
Tax Period
2023-07-01 to 2024-06-30

Little Rock Christian Academy Inc, founded in 1994, is a mid-sized nonprofit in the Education sector that reported $27.1M in total revenue in fiscal year 2017. Revenue surged 41% from the prior year, signaling strong growth momentum. The organization ran a surplus of $10.1M, a strong 37% operating margin.

Mission

THE MISSION OF LITTLE ROCK CHRISTIAN ACADEMY IS TO SERVE FAMILIES, CHURCHES, AND THE COMMUNITY BY PROVIDING A K4-12 EDUCATION CHARACTERIZED BY EXCELLENCE IN THE PURSUIT OF TRUTH THROUGH A CHRIST-CENTERED WORLDVIEW.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,692,157
Program Service Revenue $22,481,907
Investment Income $189,521
Other Revenue $-118,213
TOTAL REVENUE $24,245,372

Expense Breakdown

Grants Paid $3,564,834
Salaries & Benefits $14,866,244
Fundraising Expenses $282,851
Program Expenses $22,114,820
Other Expenses $6,027,391
TOTAL EXPENSES $24,458,469

Year-over-Year Comparison

2023 2022 Change
Revenue $24,245,372 $23,882,471 +0.0%
Expenses $24,458,469 $22,145,264 +0.1%
Net Income $-213,097 $1,737,207 -1.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
16
Independent Members
16
Employees
324
Volunteers
200

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
4
$591,976
Total Directors
16
$383,678
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JUSTIN SMITH HEAD OF SCHOOL 40.00
Officer Director
$175,633 $20,023 $195,656
JOHN CARTER TRUSTEE 8.00
Director
$0 $0 $0
MAGGIE CHISM TRUSTEE 8.00
Director
$0 $0 $0
NATALIE HANKINS TRUSTEE 8.00
Director
$0 $0 $0
PETER KIM TRUSTEE 8.00
Director
$0 $0 $0
MICHAEL MARQUEZ TRUSTEE 8.00
Director
$0 $0 $0
JOHN RAINWATER TRUSTEE 8.00
Director
$0 $0 $0
MATT REDDIN TRUSTEE 8.00
Director
$0 $0 $0
ROSS RUCKER TRUSTEE 8.00
Director
$0 $0 $0
TOMMY VAUGHAN TRUSTEE 8.00
Director
$0 $0 $0
CARA WADE TRUSTEE 8.00
Director
$0 $0 $0
GENE WHISENHUNT TRUSTEE 8.00
Director
$0 $0 $0
SARAH WOOD EXEC. ASST. 8.00
Director
$0 $0 $0
DEBBIE BAER TRUSTEE 40.00
Officer Director
$48,619 $7,672 $56,291
JIM FINK CFO 40.00
Officer Director
$121,554 $10,177 $131,731
MIKE RAINWATER TRUSTEE 8.00
Director
$0 $0 $0
GARY ARNOLD HEAD OF SCHOOL 40.00
Officer
$195,344 $12,954 $208,298
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 $24,245,372 $24,458,469 $60,680,590 $-213,097
2023 $23,882,471 $22,145,264 $60,778,648 $1,737,207
2022 $27,913,353 $20,162,109 $58,679,923 $7,751,244
2021 $21,107,287 $18,581,608 $50,802,317 $2,525,679
2020 $22,106,097 $17,862,914 $50,623,003 $4,243,183
2019 $21,556,142 $16,845,131 $44,213,404 $4,711,011
2018 $27,071,997 $16,930,095 $40,210,198 $10,141,902
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