Civic Intelligence

Llano Christian Academy

990 • Fiscal year 2015 • EIN 27-4199184

Jul 01, 2014 to Jun 30, 2015 • Filed on Jan 19, 2016

PO Box 728Llano, TX 78643

(325) 247-4942

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

70th percentile

0.04x

Higher debt load relative to assets than 70% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

72nd percentile

0.03x

Higher debt load relative to revenue than 72% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

37th percentile

-1.4%

Higher net margin than 37% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

87th percentile

$33,333

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 7.1% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

56th percentile

5.1%

Faster asset growth than 56% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

15th percentile

-34%

Faster revenue growth than 15% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Up

$375,145

Up $18,157 (+5.1%) from 2014

Net Assets

Up

$360,671

Up $10,925 (+3.1%) from 2014

Liabilities

Up

$14,474

Up $7,232 (+100%) from 2014

Revenue

Down

$466,779

Down $239,506 (-34%) from 2014

Expenses

Up

$473,514

Up $64,153 (+16%) from 2014

Net Income

Down

-$6,735

Down $303,659 (-102%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $58,191Net Assets 2011: $58,1912011Assets 2012: $60,710Liabilities 2012: $7,007Net Assets 2012: $53,7032012Assets 2013: $53,338Liabilities 2013: $516Net Assets 2013: $52,8222013Assets 2014: $356,988Liabilities 2014: $7,242Net Assets 2014: $349,7462014Assets 2015: $375,145Liabilities 2015: $14,474Net Assets 2015: $360,6712015Assets 2016: $758,787Liabilities 2016: $3,395Net Assets 2016: $755,3922016Assets 2017: $1,145,819Liabilities 2017: $4,326Net Assets 2017: $1,141,4932017Assets 2018: $2,072,264Liabilities 2018: $4,200Net Assets 2018: $2,068,0642018Assets 2019: $2,312,596Liabilities 2019: $6,221Net Assets 2019: $2,306,3752019Assets 2020: $2,869,492Liabilities 2020: $75,916Net Assets 2020: $2,793,5762020Assets 2021: $2,850,685Liabilities 2021: $20,441Net Assets 2021: $2,830,2442021Assets 2023: $2,985,669Liabilities 2023: $21,531Net Assets 2023: $2,964,1382023Assets 2024: $3,088,167Liabilities 2024: $29,749Net Assets 2024: $3,058,4182024

Highlighted filing

2015

Assets$375,145
Liabilities$14,474
Net Assets$360,671

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2011: $85,655Expenses 2011: $27,464Net Income 2011: $58,1912011Expenses 2012: $322,0302012Expenses 2013: $416,0442013Revenue 2014: $706,285Expenses 2014: $409,361Net Income 2014: $296,9242014Revenue 2015: $466,779Expenses 2015: $473,514Net Income 2015: -$6,7352015Revenue 2016: $874,080Expenses 2016: $479,359Net Income 2016: $394,7212016Revenue 2017: $821,175Expenses 2017: $435,074Net Income 2017: $386,1012017Revenue 2018: $1,395,519Expenses 2018: $468,948Net Income 2018: $926,5712018Revenue 2019: $758,265Expenses 2019: $519,954Net Income 2019: $238,3112019Revenue 2020: $970,385Expenses 2020: $483,184Net Income 2020: $487,2012020Revenue 2021: $536,118Expenses 2021: $529,461Net Income 2021: $6,6572021Revenue 2023: $737,101Expenses 2023: $621,865Net Income 2023: $115,2362023Revenue 2024: $667,556Expenses 2024: $746,607Net Income 2024: -$79,0512024

Highlighted filing

2015

Revenue$466,779
Expenses$473,514
Net Income-$6,735
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Jan 19, 2016
Return Version
2014v6.0
Gross Receipts
$466,779
Mission and Program Overview

Mission

The mission of LCA is to educate children with the emphasis on Holy scripture, to instill the teachings of Jesus Christ as the foundation of all spiritual growth, to build moral character as academic excellence is pursued and to create a loving, nurturing environment where students are challenged to reach their God-given potential.

The mission of LCA is to educate children with the emphasis on Holy scripture.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$308,974$300,259▼ $8,715
Cash and Non-Interest-Bearing Accounts$30,530$37,223▲ $6,693
Savings and Temporary Cash Investments$17,484$21,578▲ $4,094
Accounts Receivable$17,660$16,085▼ $1,575
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$374,648$375,145▲ $497
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$7,242$7,974▲ $732
Deferred Revenue-$6,500-
Total Liabilities$7,242$14,474▲ $7,232
Net Assets / Fund Balance
Permanently Rstr Net Assets$292,668$295,392▲ $2,724
Unrestricted Net Assets$74,738$65,279▼ $9,459
Total Net Assets Fund Balance$367,406$360,671▼ $6,735
Total Liabilities and Net Assets / Fund Balance$374,648$375,145▲ $497

Asset Categories

AssetBook ValueDepreciationBasis
Land$249,504-$249,504
Buildings$37,673$1,727$39,400
Equipment$13,082$25,162$38,244
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Alice SmithHeadmasterFT$33,333$33,333

Board Members and Trustees

NameTitle
Bobby LimmerPresident
Michael BoatrightVice President
Lony ReedDirector
Sam OatmanDirector
Joan CastlemanSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$213,844
Program Service Revenue
$252,900
Investment Income
$35
Other Revenue
$0
All Other Contributions
$213,844
Change in Net Assets
$-6,735
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$387,907
Other Expenses$85,607
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$310,500$15,000-$325,500
Current Officers, Directors, Trustees, and Key Employees$33,333--$33,333
Payroll Taxes$27,841$1,233-$29,074
Occupancy-$10,791-$10,791
Depreciation Depletion-$8,715-$8,715
Office Expenses-$6,676-$6,676
Other Expenses$6,245$2,244-$6,245
Insurance-$4,390-$4,390
All Other Expenses$3,070--$3,070
Travel$861$872-$1,733
Fees for Services Other-$1,561-$1,561
Advertising-$482-$482
Total Functional Expenses$421,550$51,964$0$473,514
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

Presented to the Board of Directors for review and approval prior to filing.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Llano Christian Academy
EIN
27-4199184
Phone
3252474942
Address
PO BOX 728, LLANO, TX 78643

Signing Officer

Name
Bobby Limmer
Title
President
Signed
2016-01-19
Discuss with paid preparer
Yes

Organization Details

Formed
2010
Legal Domicile
TX
Voting Board Members
6
Independent Board Members
6
Employees
15
Volunteers
6

Preparer

Firm
Boatright CPA PC
Address
PO Box 1, Round Mountain, TX 78663
Preparer
Michael Boatright CPA
Phone
8308253236
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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/BookValueAmt037673
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01727
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt039400
IRS990ScheduleD/EquipmentGrp/BookValueAmt013082
IRS990ScheduleD/EquipmentGrp/DepreciationAmt025162
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt038244
IRS990ScheduleD/LandGrp/BookValueAmt0249504
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0249504
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0300259
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Presented to the Board of Directors for review and approval prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0374648
IRS990/TotalAssetsEOYAmt0375145
IRS990/TotalAssetsGrp/BOYAmt0374648
IRS990/TotalAssetsGrp/EOYAmt0375145
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0213844
IRS990/TotalEmployeeCnt015
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt051964
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0421550
IRS990/TotalFunctionalExpensesGrp/TotalAmt0473514
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt07242
IRS990/TotalLiabilitiesEOYAmt014474
IRS990/TotalLiabilitiesGrp/BOYAmt07242
IRS990/TotalLiabilitiesGrp/EOYAmt014474
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0367406
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0360671
IRS990/TotalProgramServiceExpensesAmt0421550
IRS990/TotalProgramServiceRevenueAmt0252900
IRS990/TotalReportableCompFromOrgAmt033333
IRS990/TotalRevenueGrp/ExclusionAmt035
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0252900
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0466779
IRS990/TotalVolunteersCnt06
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0374648
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0375145
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/ManagementAndGeneralAmt0872
IRS990/TravelGrp/ProgramServicesAmt0861
IRS990/TravelGrp/TotalAmt01733
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt074738
IRS990/UnrestrictedNetAssetsGrp/EOYAmt065279
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0www.llanochristianacademy.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BOBBY LIMMER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-01-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LLANO CHRISTIAN ACADEMY
ReturnHeader/Filer/BusinessNameControlTxt0LLAN
ReturnHeader/Filer/EIN0274199184
ReturnHeader/Filer/PhoneNum03252474942
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 728
ReturnHeader/Filer/USAddress/CityNm0LLANO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd078643
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Boatright CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO Box 1
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Round Mountain
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd078663
ReturnHeader/PreparerPersonGrp/PhoneNum08308253236
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Michael Boatright CPA
ReturnHeader/ReturnTs02016-01-19T12:37:49-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.09$0.03$3.06$0.67$0.75$0.08
2023Detailed filing. Detailed filing data is available for this year.$2.99$0.02$2.96$0.74$0.62$0.12
2021Detailed filing. Detailed filing data is available for this year.$2.85$0.02$2.83$0.54$0.53$0.01
2020Detailed filing. Detailed filing data is available for this year.$2.87$0.08$2.79$0.97$0.48$0.49
2019Detailed filing. Detailed filing data is available for this year.$2.31$0.01$2.31$0.76$0.52$0.24
2018Detailed filing. Detailed filing data is available for this year.$2.07$0.00$2.07$1.40$0.47$0.93
2017Detailed filing. Detailed filing data is available for this year.$1.15$0.00$1.14$0.82$0.44$0.39
2016Detailed filing. Detailed filing data is available for this year.$0.76$0.00$0.76$0.87$0.48$0.39
2015Detailed filing. Detailed filing data is available for this year.$0.38$0.01$0.36$0.47$0.47$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.36$0.01$0.35$0.71$0.41$0.30
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.05$0.00$0.05$0.42
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.06$0.01$0.05$0.32
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.06$0.06$0.09$0.03$0.06