LIFE CHRISTIAN ACADEMY INC

EIN: 731566875 501(c)(3) Education

CHOCTAW, OK

Total Revenue
$1,792,383
Total Expenses
$1,811,976
Total Assets
$1,082,979
Net Assets
$697,555
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
OK
Principal Officer
RODNEY BURCHETT
Phone
4057374902
Tax Period
2024-07-01 to 2025-06-30

LIFE CHRISTIAN ACADEMY INC, founded in 1999, is a community nonprofit in the Education sector that reported $1.8M in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion.

Mission

OUR MISSION IS TO EDUCATE SUTDENTS TO A TOTAL BIBLICAL WORLDVIEW AND PREPARE THE STUDENT FOR COLLEGE

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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 (2024)

Revenue Breakdown

Contributions & Grants $39,773
Program Service Revenue $1,762,228
Investment Income $0
Other Revenue $-9,618
TOTAL REVENUE $1,792,383

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,350,742
Fundraising Expenses $5,261
Program Expenses $1,468,430
Other Expenses $461,234
TOTAL EXPENSES $1,811,976

Year-over-Year Comparison

2024 2023 Change
Revenue $1,792,383 $1,501,854 +0.2%
Expenses $1,811,976 $1,501,759 +0.2%
Net Income $-19,593 $95 -207.2%
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

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Governance

Voting Members
10
Independent Members
10
Employees
71
Volunteers
N/A

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
$108,824
Total Directors
10
$108,824
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RODNEY BURCHETT PRESIDENT 40.00
Officer Director
$32,920 $0 $32,920
TAYLER BURCHETT VICE PRESIDENT 40.00
Officer Director
$37,469 $0 $37,469
JOEY BURCHETT SECRETARY 40.00
Officer Director
$38,435 $0 $38,435
PAM MYERS TREASURER 40.00
Officer Director
$0 $0 $0
JEFF PLUNKETT DIRECTOR 1.00
Director
$0 $0 $0
MELANIE PLUNKETT DIRECTOR 1.00
Director
$0 $0 $0
GLORIA WALLS DIRECTOR 1.00
Director
$0 $0 $0
WAYNE MYERS DIRECTOR 1.00
Director
$0 $0 $0
DOUG NATION DIRECTOR 1.00
Director
$0 $0 $0
LOY HILL DIRECTOR 1.00
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 $1,792,383 $1,811,976 $1,082,979 $-19,593
2024 $1,501,854 $1,501,759 $1,109,974 $95
2023 $1,438,538 $1,362,982 $1,148,299 $75,556
2022 $1,363,432 $1,284,591 $1,114,153 $78,841
2021 $1,253,721 $1,140,679 $1,029,821 $113,042
2020 $1,260,406 $1,163,527 $917,241 $96,879
2019 $1,039,194 $1,012,173 $814,130 $27,021
2018 $1,065,145 $1,057,648 $812,604 $7,497
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