LIBERTY CHRISTIAN ACADEMY OF SARASOTA INC (EIN 874223162) - 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

Formation Year

2022

Principal Officer

GARY HEFFNER

Phone

9418664522

Tax Period

2024-07-01 to 2025-06-30

LIBERTY CHRISTIAN ACADEMY OF SARASOTA INC, founded in 2022, is a small nonprofit in the Education sector that reported $871K in total revenue in fiscal year 2024. Revenue surged 78% from the prior year, signaling strong growth momentum. The organization ran a surplus of $142K, a strong 16% operating margin.

Mission

THROUGH THE PRINCIPLE APPROACH, THE MISSION OF LIBERTY CHRISTIAN ACADEMY IS TO PARTNER WITH FAMILIES AND CHURCHES IN EQUIPPING STUDENTS WITH BIBLICAL WORLDVIEW FRAMEWORK, KNOWLEDGE OF JESUS CHRIST AS LORD IN ALL AREAS OF LIFE, MINDSET OF A SERVANT LEADER DRAWING OTHERS TO CHRIST, MINDSET THAT EMBRACES CHALLENGES AS OPPORTUNITIES FROM THE LORD, AND CHRISTIAN CHARACTER NECESSARY FOR THE RESTORATION OF THE AMERICAN REPUBLIC AS ORIGINALLY INTENDED.

🔒

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 $83,436

Program Service Revenue $786,974

Investment Income $60

Other Revenue $187

TOTAL REVENUE $870,657

Expense Breakdown

Grants Paid $0

Salaries & Benefits $591,944

Fundraising Expenses $0

Program Expenses $591,812

Other Expenses $137,213

TOTAL EXPENSES $729,157

Year-over-Year Comparison

	2024	2023	Change
Revenue	$870,657	$488,390	+0.8%
Expenses	$729,157	$428,784	+0.7%
Net Income	$141,500	$59,606	+1.4%

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

Volunteers

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM BOUSMAN	TREASURER	2.00	Officer Director	$0	$0	$0
KAYLA COMPARETTO	SECRETARY	2.00	Officer Director	$0	$0	$0
CINDY HANCOCK	DIRECTOR	2.00	Director	$0	$0	$0
KAREN HEFFNER	DIRECTOR	2.00	Director	$0	$0	$0
ALICIA PIRO	CHAIR	2.00	Officer Director	$0	$0	$0
JAYANNE ROGGENBAUM	DIRECTOR	2.00	Director	$0	$0	$0
SUSAN SHETLER	DIRECTOR	2.00	Director	$0	$0	$0
DANIEL SMITHWICK	DIRECTOR	2.00	Director	$0	$0	$0
GARY HEFFNER	INTERIM HEAD	40.00	Officer	$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	$870,657	$729,157	$708,944	$141,500
2024	$488,390	$428,784	$167,102	$59,606
2023	$227,271	$221,050	$119,596	$6,221

LIBERTY CHRISTIAN ACADEMY OF SARASOTA INC