Life Christian Academy
- Assets
- $1.2m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 60
- Location
- White House, TN
- Founding
- 09/2014
- Data as of
- 12/2022
- EIN
- 46-1892329
Organization Overview
Life Christian Academy is located in White House, TN. The organization was established in 2014. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 12/2022, Life Christian Academy employed 60 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Life Christian Academy 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 12/2022, Life Christian Academy generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 22.9% each year . All expenses for the organization totaled $1.4m during the year ending 12/2022. While expenses have increased by 18.0% per year over the past 8 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
LIFE CHRISTIAN ACADEMY PROVIDES CHRISTIAN-BASED CARE FOR CHILDREN AGES 6 WEEKS TO 5 YEARS OLD. IT PROVIDES CHILD CARE SERVICES TO SUPPORT FAMILIES WHO NEED CARE FOR THEIR CHILDREN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LIFE CHRISTIAN ACADEMY PROVIDES CHRISTIAN-BASED CARE AND EDUCATION FOR CHILDREN AGES 6 WEEKS TO 5TH GRADE. IT IS A PRIVATE, CHRISTIAN PRESCHOOL AND SCHOOL.
LIFE CHRISTIAN ACADEMY PROVIDES CHRISTIAN-BASED CARE AND EDUCATION FOR CHILDREN AGES 6 WEEKS TO 5TH GRADE. IT IS A PRIVATE, CHRISTIAN PRESCHOOL AND SCHOOL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Beth Johnstone President | OfficerTrustee | 40 | $90,405 |
Kim Batey Secretary | OfficerTrustee | 40 | $60,724 |
Cindy Hendrickson Director | Trustee | 1 | $6,317 |
Mandy Chritenson Director | Trustee | 1 | $6,317 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $604,653 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $604,653 |
| Total Program Service Revenue | $1,345,172 |
| Investment income | $16 |
| 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 | $1,949,841 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $959,627 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,724 |
| Payroll taxes | $73,400 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,380 |
| 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 | $8,272 |
| Advertising and promotion | $8,998 |
| Office expenses | $19,373 |
| Information technology | $3,416 |
| Royalties | $0 |
| Occupancy | $214,233 |
| Travel | $66 |
| 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 | $1,786 |
| Insurance | $4,285 |
| All other expenses | $6,512 |
| Total functional expenses | $1,370,653 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,088,446 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $87,633 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,176,079 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $1,176,079 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $1,176,079 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Life Christian Academy has recieved totaling $2,000.
| Awarding Organization | Amount |
|---|---|
Community Health Systems Foundation Franklin, TN PURPOSE: MATCHING GRANT OR GIFT | $2,000 |
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|---|---|---|
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Pulaski Academy Little Rock, AR | $31,968,373 | $17,811,246 |
Brookstone School Inc Columbus, GA | $71,035,506 | $24,481,396 |
Lincoln Charter School Inc Denver, NC | $10,014,512 | $18,722,799 |
Kentucky Country Day School Inc Louisville, KY | $45,327,857 | $17,940,550 |
Imagine Schools Inc Vienna, VA | $112,554,052 | $31,881,932 |
Episcopal Collegiate School Little Rock, AR | $113,498,551 | $17,410,081 |
Savannah Christian Preparatory School Inc Savannah, GA | $28,769,990 | $18,697,901 |
Capstone Education Group Inc Memphis, TN | $24,521,664 | $20,250,688 |
Republic Schools Inc Jackson, MS | $19,525,941 | $20,988,573 |