Lake Norman Christian School is located in Huntersville, NC. The organization was established in 2008. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 06/2021, Lake Norman Christian School employed 40 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lake Norman Christian School is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Lake Norman Christian School generated $1.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $1.5m during the year ending 06/2021. While expenses have increased by 2.9% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF LAKE NORMAN CHRISTIAN SCHOOL IS TO PROVIDE A COLLEGE-PREPARATORY EDUCATION IN A SAFE AND NURTURING ENVIRONMENT GROUNDED IN THE CHRISTIAN FAITH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ELEMENTARY SCHOOL (K - 5TH GRADE) - PROVIDE EDUCATIONAL SERVICES AS AN INDEPENDENT PRIVATE CHRISTIAN SCHOOL.
MIDDLE SCHOOL (6TH - 8TH GRADE) - PROVIDE EDUCATIONAL SERVICES AS AN INDEPENDENT PRIVATE CHRISTIAN SCHOOL.
HIGH SCHOOL (9TH - 12TH GRADE) - PROVIDE EDUCATIONAL SERVICES AS AN INDEPENDENT PRIVATE CHRISTIAN SCHOOL.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Shane Ridgeway Head Of School | Officer | 50 | $81,000 |
Paul Tellefsen President | OfficerTrustee | 5 | $0 |
Valerie Amick Director | Trustee | 5 | $0 |
Ed Cortez Director | Trustee | 5 | $0 |
Helen Johnson Director | Trustee | 5 | $0 |
Stuart Owens Director | Trustee | 5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $77,372 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $230,322 |
Noncash contributions included in lines 1a–1f | $29,104 |
Total Revenue from Contributions, Gifts, Grants & Similar | $307,694 |
Total Program Service Revenue | $1,596,179 |
Investment income | $780 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,904,653 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $81,000 |
Compensation of current officers, directors, key employees. | $16,200 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $573,745 |
Pension plan accruals and contributions | $3,437 |
Other employee benefits | $19,262 |
Payroll taxes | $212,106 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $38,773 |
Advertising and promotion | $2,026 |
Office expenses | $27,871 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $180,000 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $23,676 |
Insurance | $11,720 |
All other expenses | $90,299 |
Total functional expenses | $1,495,526 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $337,636 |
Savings and temporary cash investments | $395,294 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $12,500 |
Net Land, buildings, and equipment | $59,616 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $805,046 |
Accounts payable and accrued expenses | $492 |
Grants payable | $0 |
Deferred revenue | $381,637 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $382,129 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $422,917 |
Total liabilities and net assets/fund balances | $805,046 |
Over the last fiscal year, we have identified 1 grants that Lake Norman Christian School has recieved totaling $29,945.
Awarding Organization | Amount |
---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $29,945 |
Organization Name | Assets | Revenue |
---|---|---|
Trinity School Inc Atlanta, GA | $133,203,671 | $25,058,941 |
Hammond School Columbia, SC | $54,753,815 | $20,190,119 |
Carolina Day School Inc Asheville, NC | $29,412,889 | $19,874,947 |
Republic Schools Nashville Nashville, TN | $31,048,580 | $24,002,902 |
Congressional School Inc Falls Church, VA | $21,870,095 | $18,184,082 |
Nansemond-Suffolk Academy Association Incorporated Suffolk, VA | $19,895,333 | $17,664,822 |
Summit School Inc Winstonsalem, NC | $46,496,346 | $18,682,492 |
North Cobb Christian School Inc Kennesaw, GA | $44,288,708 | $22,180,039 |
Christian Academy Of Knoxville Inc Knoxville, TN | $16,374,308 | $19,411,697 |
Cornerstone Academy Inc Morristown, TN | $83,376,022 | $25,507,605 |
Piedmont Community Charter School Gastonia, NC | $39,263,540 | $16,321,598 |
Franklin Academy Inc Wake Forest, NC | $23,533,490 | $17,154,874 |