Civic Intelligence

Living Stones Academy

EIN 27-1110309 • 501(c)3 • Grand Rapids, MI

Profile

To be a neighborhood Christian school committed to inspiring the minds and hearts of students; equipping them to embrace cultural, economic and racial diversity; and empowering them to love and serve in community.

1415 Lyon NEGrand Rapids, MI 49503

www.livingstonesgr.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

31st percentile

0.03x

Higher debt load relative to assets than 31% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

39th percentile

0.09x

Higher debt load relative to revenue than 39% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

48th percentile

3.8%

Higher net margin than 48% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

82nd percentile

24%

Faster asset growth than 82% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2024

Revenue Growth

21st percentile

-9.8%

Faster revenue growth than 21% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2024

Assets

Up

$7,214,307

Up $149,758 (+2.1%) from 2023

Liabilities

Up

$243,015

Up $53,016 (+28%) from 2023

Net Assets

Up

$6,971,292

Up $96,742 (+1.4%) from 2023

Revenue

Down

$2,566,313

Down $1,876,810 (-42%) from 2023

Expenses

Up

$2,469,571

Up $292,647 (+13%) from 2023

Net Income

Down

$96,742

Down $2,169,457 (-96%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$8.0M$6.0M$4.0M$2.0M$0-$2.0MAssets 2011: $34,446Liabilities 2011: $5,417Net Assets 2011: $29,0292011Assets 2012: $9,943Liabilities 2012: $10,877Net Assets 2012: -$9342012Assets 2013: $18,811Liabilities 2013: $9,233Net Assets 2013: $9,5782013Assets 2015: $564,949Liabilities 2015: $576,682Net Assets 2015: -$11,7332015Assets 2016: $632,463Liabilities 2016: $604,670Net Assets 2016: $27,7932016Assets 2017: $1,273,447Liabilities 2017: $150,128Net Assets 2017: $1,123,3192017Assets 2018: $1,942,478Liabilities 2018: $117,054Net Assets 2018: $1,825,4242018Assets 2019: $1,939,092Liabilities 2019: $115,098Net Assets 2019: $1,823,9942019Assets 2020: $2,174,108Liabilities 2020: $310,044Net Assets 2020: $1,864,0642020Assets 2021: $3,554,647Liabilities 2021: $195,047Net Assets 2021: $3,359,6002021Assets 2022: $4,698,370Liabilities 2022: $65,019Net Assets 2022: $4,633,3512022Assets 2023: $7,064,549Liabilities 2023: $189,999Net Assets 2023: $6,874,5502023Assets 2024: $7,214,307Liabilities 2024: $243,015Net Assets 2024: $6,971,2922024

Highlighted filing

2024

Assets$7,214,307
Liabilities$243,015
Net Assets$6,971,292

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $308,1372011Expenses 2012: $435,1572012Revenue 2013: $490,521Expenses 2013: $480,013Net Income 2013: $10,5082013Revenue 2015: $622,423Expenses 2015: $676,367Net Income 2015: -$53,9442015Revenue 2016: $724,905Expenses 2016: $685,379Net Income 2016: $39,5262016Revenue 2017: $1,986,379Expenses 2017: $890,853Net Income 2017: $1,095,5262017Revenue 2018: $1,658,125Expenses 2018: $956,020Net Income 2018: $702,1052018Revenue 2019: $1,141,668Expenses 2019: $1,143,098Net Income 2019: -$1,4302019Revenue 2020: $1,411,567Expenses 2020: $1,371,497Net Income 2020: $40,0702020Revenue 2021: $3,075,271Expenses 2021: $1,579,735Net Income 2021: $1,495,5362021Revenue 2022: $3,153,836Expenses 2022: $1,880,084Net Income 2022: $1,273,7522022Revenue 2023: $4,443,123Expenses 2023: $2,176,924Net Income 2023: $2,266,1992023Revenue 2024: $2,566,313Expenses 2024: $2,469,571Net Income 2024: $96,7422024

Highlighted filing

2024

Revenue$2,566,313
Expenses$2,469,571
Net Income$96,742

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 15, 2025
Return Version
2023v6.0
Gross Receipts
$2,566,313
Mission and Program Overview

Mission

To be an accessible, faith-based, neighborhood school that strives to work together as a community to provide a transformational education for children in grades pk-6 with an emphasis on academic achievement and a goal to reflect the racial and socioeconomic diversity of the city

To be a neighborhood Christian school committed to inspiring the minds and hearts of students; equipping them to embrace cultural, economic and racial diversity; and empowering them to love and serve in community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,066,393$5,470,867▲ $2,404,474
Savings and Temporary Cash Investments$2,776,959$1,064,631▼ $1,712,328
Pledges and Grants Receivable$993,921$545,812▼ $448,109
Prepaid Expenses and Deferred Charges$44,442$48,895▲ $4,453
Cash and Non-Interest-Bearing Accounts$51,769$47,101▼ $4,668
Accounts Receivable$131,065$37,001▼ $94,064
Total Assets$7,064,549$7,214,307▲ $149,758
Liabilities
Accounts Payable and Accrued Expenses$151,597$202,666▲ $51,069
Deferred Revenue$31,493$38,300▲ $6,807
Other Liabilities$6,909$2,049▼ $4,860
Total Liabilities$189,999$243,015▲ $53,016
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,443,085$6,000,896▲ $2,557,811
Net Assets With Donor Restrictions$3,431,465$970,396▼ $2,461,069
Total Net Assets Fund Balance$6,874,550$6,971,292▲ $96,742
Total Liabilities and Net Assets / Fund Balance$7,064,549$7,214,307▲ $149,758

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,977,419$463,131$5,440,550
Equipment$317,840$221,063$538,903
Other Land Buildings$119,358-$119,358
Land$56,250-$56,250
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Aaron WinkleHead of SchoolFT$36,048$45,771$81,819

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$929,319
Program Service Revenue
$1,578,522
Investment Income
$41,382
Other Revenue
$17,090
All Other Contributions
$929,319
Change in Net Assets
$96,742
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,340,820
Other Expenses$1,128,751
Total Fundraising Expense$158,852
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$810,889$127,828$55,998$994,715
Fees for Services Other$373,495$2,631$13,378$389,504
Depreciation Depletion$198,018$10,422-$208,440
Other Expenses$129,135--$129,135
Other Employee Benefits$89,188$31,303$3,484$123,975
Occupancy$101,825$5,359-$107,184
Information Technology$78,136$23,272$1,276$102,684
Current Officers, Directors, Trustees, and Key Employees$40,676$50,845$10,169$101,690
Payroll Taxes$59,273$12,159$4,559$75,991
Office Expenses$28,630$24,640$13,148$66,418
Advertising--$54,181$54,181
Pension Plan Contributions$35,585$6,462$2,402$44,449
Fees for Services Accounting-$19,850-$19,850
Insurance$16,725$880-$17,605
Conferences and Meetings$13,654$719-$14,373
Fees for Services Legal-$8,721-$8,721
Travel-$4,890$257$5,147
Total Functional Expenses$1,980,738$329,981$158,852$2,469,571
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating lease liability$2,049
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

A draft of the 990 is sent to board members for review and comment prior to filing.

CEO executive director top management comp Part VI line 15A

Compensation was determined by a review of other area Christian schools and consultation with Christian Schools International. The Board uses this comparative data from similar sized schools to determine the salary for the Head of School, while he is dismissed. All deliberations and discussions are documented.

Other officer or key employee compensation Part VI line 15B

All salaries and wages are determined with comparability data from similar sized schools in the area. Compensation is reviewed annually during the budget process and all board deliberations and discussions are documented.

Governing documents etc available to public Part VI line 19

The governing documents are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Living Stones Academy
EIN
27-1110309
Address
1415 Lyon NE, Grand Rapids, MI 49503

Signing Officer

Name
Sean Baker
Title
Member
Phone
6168039654
Signed
2025-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ashlee Eiland
Formed
2010
Legal Domicile
Mi
Voting Board Members
8
Independent Board Members
8
Employees
51
Volunteers
125

Preparer

Firm
James H Quist CPA PLC
Address
2425 Avon Ave SW, Wyoming, MI 49519
Preparer
James H Quist CPA
Phone
6164435344
Supplemental Narrative

Additional Explanations

List of other fees for services expenses Part IX line 11G

Other contractors include $360,118 to a staffing service for teachers and classroom aides and $15,000 for website content, and $6,500 for a worship coordinator.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/OtherExpensesGrp/ProgramServicesAmt1129135
IRS990/OtherExpensesGrp/TotalAmt05509
IRS990/OtherExpensesGrp/TotalAmt1129135
IRS990/OtherLiabilitiesGrp/BOYAmt06909
IRS990/OtherLiabilitiesGrp/EOYAmt02049
IRS990/OtherRevenueTotalAmt0300
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt055998
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0127828
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0810889
IRS990/OtherSalariesAndWagesGrp/TotalAmt0994715
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt04559
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt012159
IRS990/PayrollTaxesGrp/ProgramServicesAmt059273
IRS990/PayrollTaxesGrp/TotalAmt075991
IRS990/PensionPlanContributionsGrp/FundraisingAmt02402
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt06462
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt035585
IRS990/PensionPlanContributionsGrp/TotalAmt044449
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0993921
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0545812
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt044442
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt048895
IRS990/PrincipalOfficerNm0Ashlee Eiland
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/BusinessCd2611600
IRS990/ProgramServiceRevenueGrp/BusinessCd3611600
IRS990/ProgramServiceRevenueGrp/Desc0Tuition
IRS990/ProgramServiceRevenueGrp/Desc1EANS Grant
IRS990/ProgramServiceRevenueGrp/Desc2State of Michigan
IRS990/ProgramServiceRevenueGrp/Desc3E-rates
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01004053
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1513086
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt260408
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3975
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01004053
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1513086
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt260408
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3975
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt02689057
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt019936
IRS990/PYOtherExpensesAmt0981753
IRS990/PYOtherRevenueAmt014400
IRS990/PYProgramServiceRevenueAmt01719730
IRS990/PYRevenuesLessExpensesAmt02266199
IRS990/PYSalariesCompEmpBnftPaidAmt01195171
IRS990/PYTotalExpensesAmt02176924
IRS990/PYTotalRevenueAmt04443123
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt096742
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt016790
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01578522
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02776959
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01064631
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt04977419
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0463131
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05440550
IRS990ScheduleD/EquipmentGrp/BookValueAmt0317840
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0221063
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0538903
IRS990ScheduleD/LandGrp/BookValueAmt056250
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt056250
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0119358
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0119358
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02049
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Operating lease liability
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05470867
IRS990ScheduleD/TotalLiabilityAmt02049
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0The school received EANS and Erate grants from the federal government in the amounts of $513,086 and $976, respectively. From the State of Michigan the school received $6,692 for childcare and $52,216 for mental health grant.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1Living Stones Academy publishes the nondiscriminatory policy on the admissions page of its website.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Governmental Agency Financial Aid (Questions 6a and 6b)
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of nondiscriminatory policy (Question 3)
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A draft of the 990 is sent to board members for review and comment prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Compensation was determined by a review of other area Christian schools and consultation with Christian Schools International. The Board uses this comparative data from similar sized schools to determine the salary for the Head of School, while he is dismissed. All deliberations and discussions are documented.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2All salaries and wages are determined with comparability data from similar sized schools in the area. Compensation is reviewed annually during the budget process and all board deliberations and discussions are documented.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The governing documents are available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Other contractors include $360,118 to a staffing service for teachers and classroom aides and $15,000 for website content, and $6,500 for a worship coordinator.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4List of other fees for services expenses Part IX line 11g
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt07064549
IRS990/TotalAssetsEOYAmt07214307
IRS990/TotalAssetsGrp/BOYAmt07064549
IRS990/TotalAssetsGrp/EOYAmt07214307
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0929319
IRS990/TotalEmployeeCnt051
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0158852
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0329981
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01980738
IRS990/TotalFunctionalExpensesGrp/TotalAmt02469571
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0189999
IRS990/TotalLiabilitiesEOYAmt0243015
IRS990/TotalLiabilitiesGrp/BOYAmt0189999
IRS990/TotalLiabilitiesGrp/EOYAmt0243015
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt06874550
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt06971292
IRS990/TotalOtherCompensationAmt045771

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