Lake Center Christian School
- Assets
- $11.5m
- Revenue
- $6.7m
- Investments
- $0.0
- Employees
- 224
- Location
- Hartville, OH
- Founding
- 06/1967
- Data as of
- 06/2022
- EIN
- 34-0973906
Organization Overview
Lake Center Christian School is located in Hartville, OH. The organization was established in 1967. 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 06/2022, Lake Center Christian School employed 224 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lake Center 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 06/2022, Lake Center Christian School generated $6.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $6.1m during the year ending 06/2022. While expenses have increased by 3.9% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE A QUALITY CHRISTIAN EDUCATION FOR STUDENTS FROM THE KINDERGARTEN THRU HIGH SCHOOL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE A QUALITY CHRISTIAN EDUCATION INCLUDING EXTRA- CURRICULAR ACTIVITIES IN SPORTS, MUSIC AND ARTS.
TUITION ASSISTANCE BASED ON FINANCIAL NEED.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Miller Chairman | OfficerTrustee | 1 | $0 |
Chris Humphrey Vice Chairma | OfficerTrustee | 1 | $0 |
Brian Yoder Secretary | OfficerTrustee | 1 | $0 |
Sarah Byler Treasurer | OfficerTrustee | 1 | $0 |
Scott Goodspeed Board Member | Trustee | 1 | $0 |
Stan Grizzle Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
S & K Asphalt & Concrete Inc Construction | 6/29/20 | $125,733 |
Foreverlawn Construction | 6/29/20 | $118,667 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $270,929 |
| All other contributions, gifts, grants, and similar amounts not included above | $408,499 |
| Noncash contributions included in lines 1a–1f | $31,712 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $679,428 |
| Total Program Service Revenue | $5,573,100 |
| Investment income | $288,569 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $132,557 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,673,654 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $76,930 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,613,304 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $539,468 |
| Payroll taxes | $276,063 |
| 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 | $29,796 |
| Advertising and promotion | $13,299 |
| Office expenses | $78,125 |
| Information technology | $37,638 |
| Royalties | $0 |
| Occupancy | $257,927 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $22,202 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $372,737 |
| Insurance | $91,064 |
| All other expenses | $18,261 |
| Total functional expenses | $6,065,792 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,348,398 |
| Savings and temporary cash investments | $205,091 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $256,227 |
| 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 | $57,089 |
| Net Land, buildings, and equipment | $7,030,298 |
| Investments—publicly traded securities | $2,584,943 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $11,482,046 |
| Accounts payable and accrued expenses | $378,560 |
| Grants payable | $0 |
| Deferred revenue | $178,533 |
| 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 | $557,093 |
| Net assets without donor restrictions | $10,804,067 |
| Net assets with donor restrictions | $120,886 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $11,482,046 |