GRAND RAPIDS, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)LIGHTHOUSE CHRISTIAN ACADEMY, founded in 2021, is a small nonprofit in the Education sector that reported $693K in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $591K left a modest 15% surplus.
TO EDUCATE AND PROMOTE GROWTH OF ONESELF USING A FAITH BASED CIRRICULUM IN A SAFE AND SECURE ENVIRONMENT
TUITION AND EDUCATION REGISTRATION FEES IN WHICH IS USE TO PROVIDE A BIBLICAL CIRRICULUMN FOR EDUCATION OF YOUTH IN A PRIVATE, SMALL SCALE LEARNING ENVIRONMENT. THE FEES GO TOWARD THE CURRICULUM AND...
TUITION AND EDUCATION REGISTRATION FEES IN WHICH IS USE TO PROVIDE A BIBLICAL CIRRICULUMN FOR EDUCATION OF YOUTH IN A PRIVATE, SMALL SCALE LEARNING ENVIRONMENT. THE FEES GO TOWARD THE CURRICULUM AND MAINTAINING STAFF AND FACILITIES.
ATHLETIC PROGRAMS FOR YOUTH REGISTERED WITH THE SCHOOL AS WELL AS HOMESCHOOLED YOUTH. THESE FEES COVER COSTS RELATED TO EQUIPMENT, SUPPLIES, AND VARIOUS OTHER EXPENSES.
SCHOLARSHIPS PAID OUT TOWARD TUITION FOR ELIGIBLE STUDENTS. SCHOLARSHIPS ARE DETERMINED VIA REVIEW OF FORM FILLED OUT BY PARENT/GUARDIAN OF STUDENT, REQUESTING REDUCED TUITION BASED ON THE FAMILIES...
SCHOLARSHIPS PAID OUT TOWARD TUITION FOR ELIGIBLE STUDENTS. SCHOLARSHIPS ARE DETERMINED VIA REVIEW OF FORM FILLED OUT BY PARENT/GUARDIAN OF STUDENT, REQUESTING REDUCED TUITION BASED ON THE FAMILIES FINANCIAL NEEDS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $692,882 | $622,586 | +0.1% |
| Expenses | $590,549 | $441,588 | +0.3% |
| Net Income | $102,333 | $180,998 | -0.4% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| BRAD NELSON | DIRECTOR CHA | 2.00 |
Director
|
$0 | $0 | $0 |
| CHARLES NELSON | VICE CHAIR | N/A |
Director
|
$0 | $0 | $0 |
| RUTH TATTER | TREASURER | 1.00 |
Director
|
$11,050 | $0 | $11,050 |
| REBECCA SMITH | SECRETARY | N/A |
Director
|
$0 | $0 | $0 |
| ROB GROOMS | DIRECTOR | N/A |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $692,882 | $590,549 | $406,156 | $102,333 |
| 2024 | No data | No data | No data | No data |
| 2023 | $340,371 | $252,359 | $122,825 | $88,012 |
Compare LIGHTHOUSE CHRISTIAN ACADEMY with other nonprofits in Minnesota and across the country.