Liabilities / Assets
84th percentile
Higher debt load relative to assets than 84% of similar nonprofits.
990 • Fiscal year 2025 • EIN 46-3044025
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
84th percentile
Higher debt load relative to assets than 84% of similar nonprofits.
Liabilities / Revenue
88th percentile
Higher debt load relative to revenue than 88% of similar nonprofits.
Net Margin
55th percentile
Higher net margin than 55% of similar nonprofits.
Top Officer Pay
23rd percentile
Higher top officer pay than 23% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
23rd percentile
Faster asset growth than 23% of similar nonprofits.
Revenue Growth
28th percentile
Faster revenue growth than 28% of similar nonprofits.
Assets
Down$7,477,487
Down $206,461 (-2.7%) from 2024
Net Assets
Up$3,255,392
Up $216,018 (+7.1%) from 2024
Liabilities
Down$4,222,095
Down $422,479 (-9.1%) from 2024
Revenue
Down$3,901,031
Down $143,088 (-3.5%) from 2024
Expenses
Down$3,645,013
Down $416,069 (-10%) from 2024
Net Income
Up$256,018
Up $272,981 (+1609%) from 2024
The lead academy classical school is organized exclusively for charitable, religious, and scientific purposes under section 501(c)(3) of the irc. The specific purpose for which this corporation is to serve as a private christian classical school using a classical curriculum model for the purpose of instructing and educating students in grades k-12.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $7,572,745 | $7,335,839 | ▼ $236,906 |
| Prepaid Expenses and Deferred Charges | - | $52,309 | - |
| Cash and Non-Interest-Bearing Accounts | $61,642 | $40,876 | ▼ $20,766 |
| Intangible Assets | $34,488 | $32,554 | ▼ $1,934 |
| Savings and Temporary Cash Investments | $15,073 | $15,909 | ▲ $836 |
| Total Assets | $7,683,948 | $7,477,487 | ▼ $206,461 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $4,585,316 | $4,134,216 | ▼ $451,100 |
| Accounts Payable and Accrued Expenses | $59,258 | $67,879 | ▲ $8,621 |
| Other Liabilities | - | $20,000 | - |
| Total Liabilities | $4,644,574 | $4,222,095 | ▼ $422,479 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $3,039,374 | $3,240,392 | ▲ $201,018 |
| Net Assets With Donor Restrictions | - | $15,000 | - |
| Total Net Assets Fund Balance | $3,039,374 | $3,255,392 | ▲ $216,018 |
| Total Liabilities and Net Assets / Fund Balance | $7,683,948 | $7,477,487 | ▼ $206,461 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $6,534,478 | $942,186 | $7,476,664 |
| Land | $454,959 | - | $454,959 |
| Equipment | $288,679 | $157,705 | $446,384 |
| Other Land Buildings | $57,723 | $94,180 | $151,903 |
| Name | Title |
|---|---|
| Henry F Lay | Chairman |
| Beth Summerlin | Director |
| Jared Whipkey | Director |
| Kara Lay-clark | Director |
| Klint Lay | Director |
| Linda Amore | Director |
| Robert Freeman | Director |
| Steve Townley | Director |
| Kace Browning | Secretary/tr |
| Brandon Vincent | Top Financia |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $2,054,552 |
| Other Expenses | $1,590,461 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $1,230,223 | $410,074 | - | $1,640,297 |
| Payroll Taxes | $310,691 | $103,564 | - | $414,255 |
| Occupancy | $73,129 | $224,595 | - | $297,724 |
| Office Expenses | $214,696 | $64,065 | - | $278,761 |
| Depreciation Depletion | $192,310 | $46,528 | - | $238,838 |
| Information Technology | - | $106,030 | - | $106,030 |
| Insurance | $71,701 | $23,900 | - | $95,601 |
| Fees for Services Accounting | - | $49,312 | - | $49,312 |
| Other Expenses | $51,050 | $47,976 | - | $47,976 |
| All Other Expenses | $5,407 | $33,074 | - | $38,481 |
| Travel | - | $22,689 | - | $22,689 |
| Advertising | $10,265 | - | - | $10,265 |
| Conferences and Meetings | $193 | $64 | - | $257 |
| Total Functional Expenses | $2,500,379 | $1,144,634 | $0 | $3,645,013 |
| Line Item | Amount |
|---|---|
| Fundraising Gross Income | $11,744 |
| Fundraising Direct Expenses | $1,408 |
| Professional Fundraising Fees | $0 |
| Interested Party | Relationship | Description | Shared Revenue | Amount |
|---|---|---|---|---|
| Kace Browning | Family Member | Employee | No | - |
| Kara Whitney | Family Member | Employee | No | - |
| Megan King | Family Member | Employee | No | - |
| Nancy Lay | Family Member | Employee | No | - |
| Liability | Amount |
|---|---|
| Advance From Frank Lay | $20,000 |
“No review was or will be conducted.”
“No documents available to the public.”
“The lead academy classical school is organized exclusively for charitable, religious, and scientific purposes under section 501(c)(3) of the irc. The specific purpose for which this corporation is to serve as a private christian classical school using a classical curriculum model for the purpose of instructing and educating students in grades k-12.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | true |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 59258 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 67879 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | THE LEAD ACADEMY CLASSICAL SCHOOL IS ORGANIZED EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, AND SCIENTIFIC PURPOSES UNDER SECTION 501(C)(3) OF THE IRC. THE SPECIFIC PURPOSE FOR WHICH THIS CORPORATION IS TO SERVE AS A PRIVATE CHRISTIAN CLASSICAL SCHOOL USING A CLASSICAL CURRICULUM MODEL FOR THE PURPOSE OF INSTRUCTING AND EDUCATING STUDENTS IN GRADES K-12. |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 10265 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 10265 |
| IRS990/AllOtherContributionsAmt | 0 | 125575 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 33074 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 5407 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 38481 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | DAVID KING |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 8509951900 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 4106 BERRYHILL RD |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | PACE |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | FL |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 32571 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | false |
| IRS990/BusinessRlnWithFamMemInd | 0 | true |
| IRS990/BusinessRlnWithOrgMemInd | 0 | true |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 61642 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 40876 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | false |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt | 0 | 64 |
| IRS990/ConferencesMeetingsGrp/ProgramServicesAmt | 0 | 193 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 257 |
| IRS990/ConflictOfInterestPolicyInd | 0 | false |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 125575 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 806 |
| IRS990/CYOtherExpensesAmt | 0 | 1590461 |
| IRS990/CYOtherRevenueAmt | 0 | 10336 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 3764314 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 256018 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 2054552 |
| IRS990/CYTotalExpensesAmt | 0 | 3645013 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 3901031 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 46528 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 192310 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 238838 |
| IRS990/Desc | 0 | THE SPECIFIC PURPOSE FOR WHICH THIS CORPORATION IS TO SERVE AS A PRIVATE CHRISTIAN CLASSICAL SCHOOL USING A CLASSICAL CURRICULUM MODEL FOR THE PURPOSE OF INSTRUCTING AND EDUCATING STUDENTS IN GRADES K-12. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | false |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 15000 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 88 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 2500379 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 49312 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 49312 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | LINDA AMORE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | KACE BROWNING |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | ROBERT FREEMAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | HENRY F LAY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | KLINT LAY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | KARA LAY-CLARK |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | BETH SUMMERLIN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | STEVE TOWNLEY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | JARED WHIPKEY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | BRANDON VINCENT |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | SECRETARY/TR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | CHAIRMAN |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | TOP FINANCIA |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | false |
| IRS990/FormationYr | 0 | 2013 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedInd | 0 | false |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/FundraisingDirectExpensesAmt | 0 | 1408 |
| IRS990/FundraisingGrossIncomeAmt | 0 | 11744 |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 10 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 3902439 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 6 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 106030 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 106030 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 23900 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 71701 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 95601 |
| IRS990/IntangibleAssetsGrp/BOYAmt | 0 | 34488 |
| IRS990/IntangibleAssetsGrp/EOYAmt | 0 | 32554 |
| IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt | 0 | 806 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 806 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 1194071 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 7572745 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 7335839 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 8529910 |
| IRS990/LegalDomicileStateCd | 0 | FL |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | THE LEAD ACADEMY CLASSICAL SCHOOL IS ORGANIZED EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, AND SCIENTIFIC PURPOSES UNDER SECTION 501(C)(3) OF THE IRC. THE SPECIFIC PURPOSE FOR WHICH THIS CORPORATION IS TO SERVE AS A PRIVATE CHRISTIAN CLASSICAL SCHOOL USING A CLASSICAL CURRICULUM MODEL FOR THE PURPOSE OF INSTRUCTING AND EDUCATING STUDENTS IN GRADES K-12. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 4585316 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 4134216 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 3039374 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 3255392 |
| IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt | 0 | 10336 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 3039374 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 3240392 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 224595 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 73129 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 297724 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 64065 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 214696 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 278761 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherExpensesGrp/Desc | 0 | SCHOOL ACTIVITIES |
| IRS990/OtherExpensesGrp/Desc | 1 | CURRICULUM |
| IRS990/OtherExpensesGrp/Desc | 2 | REPAIRS & MAINTENANCE |
| IRS990/OtherExpensesGrp/Desc | 3 | DUES & SUBSCRIPTIONS |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 12763 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 47976 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 246704 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 94010 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 51050 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 246704 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 94010 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 63813 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 47976 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 20000 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 410074 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 1230223 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 1640297 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 103564 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 310691 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 414255 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 52309 |
| IRS990/PrincipalOfficerNm | 0 | HENRY F LAY |
| IRS990/PriorPeriodAdjustmentsAmt | 0 | -40000 |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | SCHOLARSHIP INCOME |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | REGISTRATION & LATE FEE INCOM |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | SCHOOL ACTIVITIES INCOME |
| IRS990/ProgramServiceRevenueGrp/Desc | 3 | TUITION INCOME |
| IRS990/ProgramServiceRevenueGrp/Desc | 4 | OTHER SCHOOL INCOME |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 2880931 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 357518 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 210574 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 3 | 200449 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 4 | 114842 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 2880931 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 357518 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 210574 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 3 | 200449 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 4 | 114842 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 101061 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYInvestmentIncomeAmt | 0 | 11507 |
| IRS990/PYOtherExpensesAmt | 0 | 1604897 |
| IRS990/PYOtherRevenueAmt | 0 | 65391 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 3866160 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -16963 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 2456185 |
| IRS990/PYTotalExpensesAmt | 0 | 4061082 |
| IRS990/PYTotalRevenueAmt | 0 | 4044119 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 256018 |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RevenueAmt | 0 | 3764314 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 15073 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 15909 |
| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 6534478 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 942186 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 7476664 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 288679 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 157705 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 446384 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 454959 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 454959 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 57723 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 94180 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 151903 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 20000 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | ADVANCE FROM FRANK LAY |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 7335839 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 20000 |
| IRS990ScheduleE/ComplianceWithRevProc7550Ind | 0 | true |
| IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceAthltProgInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEducPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceOtherActyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceSchsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd | 0 | false |
| IRS990ScheduleE/GovernmentFinancialAidRcvdInd | 0 | true |
| IRS990ScheduleE/GovernmentFinancialAidRvkdInd | 0 | false |
| IRS990ScheduleE/MaintainCpyOfAllSolInd | 0 | true |
| IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd | 0 | true |
| IRS990ScheduleE/MaintainRacialCompRecsInd | 0 | true |
| IRS990ScheduleE/MaintainScholarshipsRecsInd | 0 | true |
| IRS990ScheduleE/NondiscriminatoryPolicyStmtInd | 0 | true |
| IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd | 0 | true |
| IRS990ScheduleE/PolicyStmtInBrochuresEtcInd | 0 | true |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 0 | PRINTED IN THE NEWSPAPER - PRESS GAZETTE. ALSO POSTED AT SCHOOL. |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 1 | THE SCHOOL RECEIVES SCHOLARSHIP TUITION INCOME FOR QUALIFYING STUDENTS OF THE STEP-UP, MCKAY AND AAA PROGRAMS IN THE STATE OF FLORIDA. |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE E, LINE 3 |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | SCHEDULE E, LINE 6 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm | 0 | NANCY LAY |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm | 1 | MEGAN KING |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm | 2 | KARA WHITNEY |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm | 3 | KACE BROWNING |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt | 0 | FAMILY MEMBER |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt | 1 | FAMILY MEMBER |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt | 2 | FAMILY MEMBER |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt | 3 | FAMILY MEMBER |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd | 0 | false |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd | 1 | false |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd | 2 | false |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd | 3 | false |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc | 0 | EMPLOYEE |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc | 1 | EMPLOYEE |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc | 2 | EMPLOYEE |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc | 3 | EMPLOYEE |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE LEAD ACADEMY CLASSICAL SCHOOL IS ORGANIZED EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, AND SCIENTIFIC PURPOSES UNDER SECTION 501(C)(3) OF THE IRC. THE SPECIFIC PURPOSE FOR WHICH THIS CORPORATION IS TO SERVE AS A PRIVATE CHRISTIAN CLASSICAL SCHOOL USING A CLASSICAL CURRICULUM MODEL FOR THE PURPOSE OF INSTRUCTING AND EDUCATING STUDENTS IN GRADES K-12. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | NO REVIEW WAS OR WILL BE CONDUCTED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | NO DOCUMENTS AVAILABLE TO THE PUBLIC. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990 - ORGANIZATION'S MISSION |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990/SchoolOperatingInd | 0 | true |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 7683948 |
| IRS990/TotalAssetsEOYAmt | 0 | 7477487 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 7683948 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 7477487 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalContributionsAmt | 0 | 125575 |
| IRS990/TotalEmployeeCnt | 0 | 88 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 1144634 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 2500379 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 3645013 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 4644574 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 4222095 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 4644574 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 4222095 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 3039374 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 3255392 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 2500379 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 3764314 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 3765120 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 3901031 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 7683948 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 7477487 |
| IRS990/TravelGrp/ManagementAndGeneralAmt | 0 | 22689 |
| IRS990/TravelGrp/TotalAmt | 0 | 22689 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/USAddress/AddressLine1Txt | 0 | 3399 HARVEY LANE |
| IRS990/USAddress/CityNm | 0 | PACE |
| IRS990/USAddress/StateAbbreviationCd | 0 | FL |
| IRS990/USAddress/ZIPCd | 0 | 32571 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 10 |
| IRS990/VotingMembersIndependentCnt | 0 | 6 |
| IRS990/WebsiteAddressTxt | 0 | WWW.LEADACADEMYLIONS.COM |
| IRS990/WhistleblowerPolicyInd | 0 | false |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | HENRY F LAY |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CHAIRMAN |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8509951900 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-11-21 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | LEAD ACADEMY CLASSICAL SCHOOL |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | LEAD |
| ReturnHeader/Filer/EIN | 0 | 463044025 |
| ReturnHeader/Filer/PhoneNum | 0 | 8509951900 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 7121 CHUMUCKLA HWY |
| ReturnHeader/Filer/USAddress/CityNm | 0 | PACE |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | FL |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 32571 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 581382220 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | ALLEN PRITCHETT & BASSETT LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | PO BOX 349 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | TIFTON |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | GA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 317930349 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2293826960 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-11-21 |
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Displayed year
2025 • Form 990Detailed filing. Detailed filing data is available for this year.