Skip to content
Nonprofiteer
← LION CHRISTIAN ACADEMY INC

Form 990 for tax year 2024

Filed by LION CHRISTIAN ACADEMY INC.

Totals

Total revenue
$218,099
Total expenses
$1,318,539
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$0
Investment income
$99
Other revenue
$218,000
Total assets, end of year
$42,841,440
Total liabilities, end of year
$17,304,926
Net assets or fund balances, end of year
$25,536,514
Program services expenses (Part IX)
$670,771
Management and general expenses
$647,768
Fundraising expenses
$0
Program service expenses (Part III)
$670,771

Program services were 50.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 3 · Investment income

    total $99 · excluded $99

  • 6a · Gross rents

    real property $218,000

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $218,000

  • 6d · Net rental income or loss

    total $218,000 · excluded $218,000

Functional expenses

Part IX, the statement of functional expenses.

  • 20 · Interest

    total $336,731 · program services $16,232 · management and general $320,499

  • 22 · Depreciation, depletion and amortization

    total $981,808 · program services $654,539 · management and general $327,269

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $10,986 · end of year $29,069

  • 2 · Savings and temporary cash investments

    beginning of year $562,801 · end of year $454,301

  • 4 · Accounts receivable

    beginning of year $127,182 · end of year $127,167

  • 10a · Land, buildings and equipment: cost or other basis

    $43,703,599

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,472,696

  • 10c · Land, buildings and equipment, net

    beginning of year $43,212,711 · end of year $42,230,903

  • 17 · Accounts payable and accrued expenses

    beginning of year $103,250 · end of year $115,250

  • 23 · Secured mortgages and notes payable

    beginning of year $17,173,476 · end of year $17,189,676

  • 27 · Net assets without donor restrictions

    beginning of year $26,636,954 · end of year $25,536,514

Mission and programs · 2024

Mission

LION CHRISTIAN ACADEMY WAS ORGANIZED FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF ST. AUGUSTINE PREPARATORY ACADEMY, INC., A RELIGIOUS EDUCATION ORGANIZATION AND INSTITUTION, SPECIFICALLY A CHRISTIAN SCHOOL WITH BIBLICAL FOUNDATION, AND SUPPORTING PROGRAMS, ORGANIZATIONS, AND ACTIVITIES THAT PROMOTE (I) HIGH LEVELS OF ACADEMIC PERFORMANCE IN STUDENTS OF ALL AGES, (II) THE DEVELOPMENT OF A PERSONAL RELIGIOUS RELATIONSHIP WITH JESUS, THROUGH A COMPREHENSIVE CHRISTIAN EDUCATION, (III) THE DEVELOPMENT OF A POSITIVE SENSE OF SELF AND THE SKILLS TO MAKE POSITIVE LIFE CHOICES, AND (IV) THE ENHANCEMENT OF PUBLIC CONFIDENCE IN AN EDUCATIONAL SYSTEM THAT DEVELOPS NEW GENERATIONS OF CONFIDENT AND CAPABLE INDIVIDUALS.

  • FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF ST. AUGUSTINE PREPARATORY ACADEMY, INC., A RELIGIOUS EDUCATIONAL ORGANIZATION AND INSTITUTION.

    Expenses $670,771

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Austin Ramirez

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Todd Hoytink

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Amalia Todryk

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Nathan Mathews

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Brian Frank

    CHIEF FINANCIAL OFFICER

    Total calculated
    $173,804
    From this org
    $0
    From related orgs
    $160,797
    Other
    $13,007
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $136,721 related
    Bonus
    $0 + $24,076 related
    Other
    $0
    Deferred
    $0 + $6,468 related
    Nontaxable benefits
    $0 + $6,539 related
    Filer's total
    $0 + $173,804 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 7
THE ORGANIZATION HAS PROVIDED BONUSES BASED ON OUTSTANDING PERFORMANCE IN BOTH INDIVIDUAL PERFORMANCE, AS WELL AS, THE OUTCOMES THE SCHOOL ACHIEVES AS A WHOLE.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
24 April 2026
IRS schema version
2024v5.5
Source object
202621149349301102

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.