Civic Intelligence

Lee Christian School Inc.

990 • Fiscal year 2019 • EIN 56-1864897

Jul 01, 2018 to Jun 30, 2019 • Filed on Nov 21, 2019

3220 Keller Andrews RoadSanford, NC 27330

(919) 708-5115

Siviq Scores

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

Liabilities / Assets

78th percentile

0.56x

Higher debt load relative to assets than 78% of similar nonprofits.

2019 filings • NTEE B • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

86th percentile

0.77x

Higher debt load relative to revenue than 86% of similar nonprofits.

2019 filings • NTEE B • $1M-$5M nonprofits • Source year 2019

Net Margin

24th percentile

-3.4%

Higher net margin than 24% of similar nonprofits.

2019 filings • NTEE B • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

34th percentile

$0

Higher top officer pay than 34% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • NTEE B • $1M-$5M nonprofits • Source year 2019

Asset Growth

89th percentile

57%

Faster asset growth than 89% of similar nonprofits.

2019 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

42nd percentile

1.2%

Faster revenue growth than 42% of similar nonprofits.

2019 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$2,656,006

Up $961,852 (+57%) from 2018

Net Assets

Down

$1,173,778

Down $63,482 (-5.1%) from 2018

Liabilities

Up

$1,482,228

Up $1,025,334 (+224%) from 2018

Revenue

Up

$1,932,306

Up $22,560 (+1.2%) from 2018

Expenses

Up

$1,997,181

Up $118,868 (+6.3%) from 2018

Net Income

Down

-$64,875

Down $96,308 (-306%) from 2018

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $1,586,119Liabilities 2011: $803,168Net Assets 2011: $782,9512011Assets 2012: $1,577,282Liabilities 2012: $764,784Net Assets 2012: $812,4982012Assets 2013: $1,543,122Liabilities 2013: $696,820Net Assets 2013: $846,3022013Assets 2014: $1,582,035Liabilities 2014: $624,213Net Assets 2014: $957,8222014Assets 2015: $1,507,677Liabilities 2015: $543,389Net Assets 2015: $964,2882015Assets 2016: $1,487,167Liabilities 2016: $443,190Net Assets 2016: $1,043,9772016Assets 2017: $1,754,617Liabilities 2017: $549,658Net Assets 2017: $1,204,9592017Assets 2018: $1,694,154Liabilities 2018: $456,894Net Assets 2018: $1,237,2602018Assets 2019: $2,656,006Liabilities 2019: $1,482,228Net Assets 2019: $1,173,7782019Assets 2020: $3,958,608Liabilities 2020: $2,367,530Net Assets 2020: $1,591,0782020Assets 2021: $4,176,338Liabilities 2021: $2,325,715Net Assets 2021: $1,850,6232021Assets 2022: $4,713,778Liabilities 2022: $2,313,920Net Assets 2022: $2,399,8582022Assets 2023: $4,602,662Liabilities 2023: $2,269,919Net Assets 2023: $2,332,7432023Assets 2024: $4,256,077Liabilities 2024: $2,229,352Net Assets 2024: $2,026,7252024Assets 2025: $4,012,140Liabilities 2025: $2,174,028Net Assets 2025: $1,838,1122025

Highlighted filing

2019

Assets$2,656,006
Liabilities$1,482,228
Net Assets$1,173,778

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $1,649,740Expenses 2011: $1,558,821Net Income 2011: $90,9192011Revenue 2012: $1,679,351Expenses 2012: $1,649,804Net Income 2012: $29,5472012Revenue 2013: $1,646,085Expenses 2013: $1,612,281Net Income 2013: $33,8042013Revenue 2014: $1,721,060Expenses 2014: $1,609,540Net Income 2014: $111,5202014Revenue 2015: $1,711,880Expenses 2015: $1,705,414Net Income 2015: $6,4662015Revenue 2016: $1,959,904Expenses 2016: $1,880,215Net Income 2016: $79,6892016Revenue 2017: $2,093,099Expenses 2017: $1,937,784Net Income 2017: $155,3152017Revenue 2018: $1,909,746Expenses 2018: $1,878,313Net Income 2018: $31,4332018Revenue 2019: $1,932,306Expenses 2019: $1,997,181Net Income 2019: -$64,8752019Revenue 2020: $2,150,148Expenses 2020: $1,737,957Net Income 2020: $412,1912020Revenue 2021: $2,661,906Expenses 2021: $2,445,481Net Income 2021: $216,4252021Revenue 2022: $3,478,311Expenses 2022: $2,808,150Net Income 2022: $670,1612022Revenue 2023: $2,619,302Expenses 2023: $2,728,320Net Income 2023: -$109,0182023Revenue 2024: $3,290,657Expenses 2024: $3,622,021Net Income 2024: -$331,3642024Revenue 2025: $3,932,918Expenses 2025: $4,121,531Net Income 2025: -$188,6132025

Highlighted filing

2019

Revenue$1,932,306
Expenses$1,997,181
Net Income-$64,875
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Nov 21, 2019
Return Version
2018v3.1
Gross Receipts
$1,984,202
Mission and Program Overview

Mission

Lee christian school witnesses the "good news" of jesus christ. It teaches students the skills and information necessary to survive and succeed in the 21st century.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,158,571$2,210,519▲ $1,051,948
Cash and Non-Interest-Bearing Accounts$405,897$317,473▼ $88,424
Investments Other Securities$113,501$97,191▼ $16,310
Accounts Receivable$15,500$24,604▲ $9,104
Total Assets$1,694,154$2,656,006▲ $961,852
Other Assets Total$685$6,219▲ $5,534
Liabilities
Mortgage Notes Payable Secured by Investment Property$432,184$1,433,345▲ $1,001,161
Accounts Payable and Accrued Expenses$24,710$48,883▲ $24,173
Total Liabilities$456,894$1,482,228▲ $1,025,334
Net Assets / Fund Balance
Unrestricted Net Assets$1,205,876$1,155,622▼ $50,254
Temporarily Rstr Net Assets$31,384$18,156▼ $13,228
Total Net Assets Fund Balance$1,237,260$1,173,778▼ $63,482
Total Liabilities and Net Assets / Fund Balance$1,694,154$2,656,006▲ $961,852

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$831,889$976,832$1,808,721
Other Land Buildings$1,122,624$10,931$1,133,555
Equipment$18,551$281,174$299,725
Land$237,455-$237,455
Compensation and Service Providers

Board Members and Trustees

NameTitle
Bruce MacinnesChairman
Avron UpchurchVice Chairman
Bruce ParsonsDirector
Melissa StaleyDirector
Rev Tony SeawellDirector
Shane WilsonSecretary
Duran JohnsonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$216,568
Program Service Revenue
$1,649,297
Investment Income
$4,636
Other Revenue
$61,805
All Other Contributions
$27,175
Change in Net Assets
$-64,875
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,342,083
Other Expenses$655,098
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,002,770$198,830-$1,201,600
Occupancy-$136,309-$136,309
Payroll Taxes$78,983$16,177-$95,160
All Other Expenses$45,860$41,341-$87,201
Depreciation Depletion-$60,664-$60,664
Information Technology$28,488$17,281-$45,769
Other Expenses$40,725--$40,725
Pension Plan Contributions-$34,751-$34,751
Interest-$29,968-$29,968
Insurance-$20,465-$20,465
Other Employee Benefits$10,572--$10,572
Fees for Services Legal-$6,225-$6,225
Advertising-$5,553-$5,553
Office Expenses-$4,183-$4,183
Fees for Services Accounting-$4,100-$4,100
Total Functional Expenses$1,421,334$575,847$0$1,997,181
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$29,789
Fundraising Gross Income$29,789
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Boosterthon$30,548$16,845$16,845$0
Fall Festival$12,578$2,987$2,987$0
Total Events$79,592$29,789$29,789$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
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, Section B, Line 11B

The school board of directors are furnished a copy of the 990 prior to filing. They then agree to accept the return and authorize filing.

Form 990, Part VI, Section C, Line 18

AVAILABLE UPON REQUEST.

Form 990, Part VI, Section C, Line 19

The school governing documents are available upon request at the administrative office.

Filing and Contact Details

Filer

Filer Name
Lee Christian School Inc
EIN
56-1864897
Phone
9197085115
Address
3220 KELLER ANDREWS ROAD, SANFORD, NC 27330

Signing Officer

Name
Bruce Macinnes
Title
Chairman
Phone
9197085115
Signed
2019-11-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bruce Macinnes
Formed
1994
Legal Domicile
Nc
Voting Board Members
7
Independent Board Members
7
Employees
100
Volunteers
0

Preparer

Firm
Ward & Foust Cpas Pa
Address
PO BOX 1147, SANFORD, NC 27331-1147
Preparer
Lynda S Ward
Phone
9197749452
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IRS990/PYProgramServiceRevenueAmt01791362
IRS990/PYRevenuesLessExpensesAmt031433
IRS990/PYSalariesCompEmpBnftPaidAmt01205634
IRS990/PYTotalExpensesAmt01878313
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01909746
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-64875
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01710995
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0831889
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0976832
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01808721
IRS990ScheduleD/EquipmentGrp/BookValueAmt018551
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0281174
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0299725
IRS990ScheduleD/LandGrp/BookValueAmt0237455
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0237455
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01122624
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt010931
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01133555
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02210519
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0ALL ADVERTISING IS NONDISCRIMINATORY.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt049803
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt013703
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt09591
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt026509
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt029789
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0BOOSTERTHON
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0FALL FESTIVAL
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt030548
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt012578
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt036466
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt079592
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt016845
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt02987
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt09957
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt029789
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt09957
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt029789
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt016845
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt02987
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt03
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL BOARD OF DIRECTORS ARE FURNISHED A COPY OF THE 990 PRIOR TO FILING. THEY THEN AGREE TO ACCEPT THE RETURN AND AUTHORIZE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE SCHOOL GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST AT THE ADMINISTRATIVE OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt031384
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt018156
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01694154
IRS990/TotalAssetsEOYAmt02656006
IRS990/TotalAssetsGrp/BOYAmt01694154
IRS990/TotalAssetsGrp/EOYAmt02656006
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0216568
IRS990/TotalEmployeeCnt0100
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0575847
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01421334
IRS990/TotalFunctionalExpensesGrp/TotalAmt01997181
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0456894
IRS990/TotalLiabilitiesEOYAmt01482228
IRS990/TotalLiabilitiesGrp/BOYAmt0456894
IRS990/TotalLiabilitiesGrp/EOYAmt01482228
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01237260
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01173778
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01421334
IRS990/TotalProgramServiceRevenueAmt01649297
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt04743
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01710995
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01932306
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01694154
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02656006
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01205876
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01155622
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03220 KELLER ANDREWS ROAD
IRS990/USAddress/CityNm0SANFORD
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd027330
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0LEECHRISTIANSCHOOL.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02020-04-17 16:48:07Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0BRUCE MACINNES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum09197085115
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LEE CHRISTIAN SCHOOL INC
ReturnHeader/Filer/BusinessNameControlTxt0LEEC

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.01$2.17$1.84$3.93$4.12$0.19
2024Detailed filing. Detailed filing data is available for this year.$4.26$2.23$2.03$3.29$3.62$0.33
2023Detailed filing. Detailed filing data is available for this year.$4.60$2.27$2.33$2.62$2.73$0.11
2022Detailed filing. Detailed filing data is available for this year.$4.71$2.31$2.40$3.48$2.81$0.67
2021Detailed filing. Detailed filing data is available for this year.$4.18$2.33$1.85$2.66$2.45$0.22
2020Detailed filing. Detailed filing data is available for this year.$3.96$2.37$1.59$2.15$1.74$0.41
2019Detailed filing. Detailed filing data is available for this year.$2.66$1.48$1.17$1.93$2.00$0.06
2018Detailed filing. Detailed filing data is available for this year.$1.69$0.46$1.24$1.91$1.88$0.03
2017Detailed filing. Detailed filing data is available for this year.$1.75$0.55$1.20$2.09$1.94$0.16
2016Summary only. Only limited summary data is available for this year.$1.49$0.44$1.04$1.96$1.88$0.08
2015Detailed filing. Detailed filing data is available for this year.$1.51$0.54$0.96$1.71$1.71$0.01
2014Detailed filing. Detailed filing data is available for this year.$1.58$0.62$0.96$1.72$1.61$0.11
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.54$0.70$0.85$1.65$1.61$0.03
2012Summary only. Only limited summary data is available for this year.$1.58$0.76$0.81$1.68$1.65$0.03
2011Summary only. Only limited summary data is available for this year.$1.59$0.80$0.78$1.65$1.56$0.09