Civic Intelligence

Lubbock Christian University

EIN 75-0950119 • 501(c)3 • Lubbock, TX

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Profile

Lubbock christian university is a christ-centered, academic community of learners, transforming the hearts, minds, and hands of students for lives of purpose and service.

5601 West 19th StreetLubbock, TX 79407

www.lcu.edu

Siviq Scores

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

Liabilities / Assets

43rd percentile

0.21x

Higher debt load relative to assets than 43% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Liabilities / Revenue

52nd percentile

0.47x

Higher debt load relative to revenue than 52% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Net Margin

78th percentile

21%

Higher net margin than 78% of similar nonprofits.

501(c)3 • $100M-$250M 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

80th percentile

16%

Faster asset growth than 80% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Revenue Growth

80th percentile

25%

Faster revenue growth than 80% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets43rd percentile

Assets

Up

$148,428,762

Up $20,475,094 (+16%) from 2023

Liabilities

Up

$31,097,624

Up $2,378,279 (+8.3%) from 2023

Net Assets

Up

$117,331,138

Up $18,096,815 (+18%) from 2023

Operations
Liabilities / Revenue52nd percentileNet Margin78th percentile

Revenue

Up

$66,504,462

Up $13,214,684 (+25%) from 2023

Expenses

Up

$52,692,383

Up $3,421,131 (+6.9%) from 2023

Net Income

Up

$13,812,079

Up $9,793,553 (+244%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth80th percentile

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

$150M$100M$50M$0Assets 2010: $64,305,812Liabilities 2010: $26,314,635Net Assets 2010: $37,991,1772010Assets 2011: $69,815,409Liabilities 2011: $26,047,644Net Assets 2011: $43,767,7652011Assets 2012: $69,898,443Liabilities 2012: $25,678,236Net Assets 2012: $44,220,2072012Assets 2013: $70,922,683Liabilities 2013: $25,030,294Net Assets 2013: $45,892,3892013Assets 2014: $76,090,869Liabilities 2014: $24,861,089Net Assets 2014: $51,229,7802014Assets 2015: $84,536,495Liabilities 2015: $24,722,617Net Assets 2015: $59,813,8782015Assets 2016: $88,658,690Liabilities 2016: $23,782,344Net Assets 2016: $64,876,3462016Assets 2017: $97,949,432Liabilities 2017: $26,339,694Net Assets 2017: $71,609,7382017Assets 2018: $99,174,542Liabilities 2018: $25,030,275Net Assets 2018: $74,144,2672018Assets 2019: $106,659,922Liabilities 2019: $24,885,808Net Assets 2019: $81,774,1142019Assets 2021: $116,848,538Liabilities 2021: $22,223,321Net Assets 2021: $94,625,2172021Assets 2022: $113,132,828Liabilities 2022: $20,938,577Net Assets 2022: $92,194,2512022Assets 2023: $127,953,668Liabilities 2023: $28,719,345Net Assets 2023: $99,234,3232023Assets 2024: $148,428,762Liabilities 2024: $31,097,624Net Assets 2024: $117,331,1382024

Highlighted filing

2024

Assets$148,428,762
Liabilities$31,097,624
Net Assets$117,331,138
Open 2024 Filing

Operations Trend

Revenue Growth80th percentile

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

$80M$60M$40M$20M$0Expenses 2010: $29,854,0742010Expenses 2011: $32,468,6352011Expenses 2012: $34,150,6012012Expenses 2013: $36,520,7362013Revenue 2014: $42,720,264Expenses 2014: $37,382,873Net Income 2014: $5,337,3912014Revenue 2015: $48,255,526Expenses 2015: $39,671,428Net Income 2015: $8,584,0982015Revenue 2016: $46,203,317Expenses 2016: $41,140,849Net Income 2016: $5,062,4682016Revenue 2017: $49,628,153Expenses 2017: $42,894,761Net Income 2017: $6,733,3922017Revenue 2018: $46,133,851Expenses 2018: $43,599,322Net Income 2018: $2,534,5292018Revenue 2019: $54,957,813Expenses 2019: $47,327,966Net Income 2019: $7,629,8472019Revenue 2021: $50,530,444Expenses 2021: $46,497,773Net Income 2021: $4,032,6712021Revenue 2022: $52,856,986Expenses 2022: $50,597,573Net Income 2022: $2,259,4132022Revenue 2023: $53,289,778Expenses 2023: $49,271,252Net Income 2023: $4,018,5262023Revenue 2024: $66,504,462Expenses 2024: $52,692,383Net Income 2024: $13,812,0792024

Highlighted filing

2024

Revenue$66,504,462
Expenses$52,692,383
Net Income$13,812,079
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$148,428,762
Liabilities
$31,097,624
Net assets
$117,331,138
Revenue
$66,504,462
Expenses
$52,692,383
Net income
$13,812,079
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$148$31.1$117$66.5$52.7$13.8
2023Detailed filing. Detailed filing data is available for this year.$128$28.7$99.2$53.3$49.3$4.02
2022Detailed filing. Detailed filing data is available for this year.$113$20.9$92.2$52.9$50.6$2.26
2021Detailed filing. Detailed filing data is available for this year.$117$22.2$94.6$50.5$46.5$4.03
2019Detailed filing. Detailed filing data is available for this year.$107$24.9$81.8$55.0$47.3$7.63
2018Detailed filing. Detailed filing data is available for this year.$99.2$25.0$74.1$46.1$43.6$2.53
2017Detailed filing. Detailed filing data is available for this year.$97.9$26.3$71.6$49.6$42.9$6.73
2016Detailed filing. Detailed filing data is available for this year.$88.7$23.8$64.9$46.2$41.1$5.06
2015Detailed filing. Detailed filing data is available for this year.$84.5$24.7$59.8$48.3$39.7$8.58
2014Detailed filing. Detailed filing data is available for this year.$76.1$24.9$51.2$42.7$37.4$5.34
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$70.9$25.0$45.9$36.5
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$69.9$25.7$44.2$34.2
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$69.8$26.0$43.8$32.5
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$64.3$26.3$38.0$29.9
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 13, 2025
Return Version
2023v6.0
Gross Receipts
$66,939,978
Mission and Program Overview

Mission

The mission of LCU is to educate students, imparting values for scholarship and for living. Through its baccalaureate and graduate programs, the university challenges students to think critically, to excel in their disciplines, and to model Christ.

Lubbock christian university is a christ-centered, academic community of learners, transforming the hearts, minds, and hands of students for lives of purpose and service.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$72,123,488$75,387,396▲ $3,263,908
Investments in Publicly Traded Securities$40,393,570$50,563,052▲ $10,169,482
Accounts Receivable$3,520,588$8,719,024▲ $5,198,436
Cash and Non-Interest-Bearing Accounts$8,563,094$8,294,567▼ $268,527
Investments Other Securities$2,125,614$4,027,497▲ $1,901,883
Prepaid Expenses and Deferred Charges$157,300$970,719▲ $813,419
Pledges and Grants Receivable$708,348$458,348▼ $250,000
Other Notes and Loans Receivable, Net$361,666$8,159▼ $353,507
Total Assets$127,953,668$148,428,762▲ $20,475,094
Liabilities
Mortgage Notes Payable Secured by Investment Property$23,993,485$27,932,330▲ $3,938,845
Accounts Payable and Accrued Expenses$3,062,464$1,509,114▼ $1,553,350
Other Liabilities$1,441,174$1,489,513▲ $48,339
Deferred Revenue$222,222$166,667▼ $55,555
Total Liabilities$28,719,345$31,097,624▲ $2,378,279
Net Assets / Fund Balance
Net Assets With Donor Restrictions$51,290,890$61,560,441▲ $10,269,551
Net Assets Without Donor Restrictions$47,943,433$55,770,697▲ $7,827,264
Total Net Assets Fund Balance$99,234,323$117,331,138▲ $18,096,815
Total Liabilities and Net Assets / Fund Balance$127,953,668$148,428,762▲ $20,475,094

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$69,585,430$38,154,311$107,739,741
Equipment$2,965,312$10,947,086$13,912,398
Land$1,922,200-$1,922,200
Other Land Buildings$914,454$309,112$1,223,566

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$36,631,268$5,807,368▲ $5,282,835-$45,855,534
2022$31,658,132$3,179,409▲ $3,661,101-$36,631,268
2021$31,779,688$5,039,747▼ $3,574,432-$31,658,132
2020$20,984,281$3,095,218▲ $8,705,846-$31,779,688
2019$20,984,281---$20,984,281
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Scott McdowellPresidentFT$315,979$22,050$338,029
Kent GallaherProvostFT$173,033$25,027$198,060
Stephen GomezWOMEN'S BASKETBALL COACHFT$163,280$6,699$169,979
Tim MillerCFOFT$144,662-$144,662
Todd DuncanMEN'S BASKETBALL COACHFT$125,455$8,001$133,456
Joann LongProfessorFT$110,224$16,746$126,970
Sondra HarrisonProfessorFT$112,993$7,026$120,019
Jody RedingVP Enrollment ManagementFT$116,551-$116,551

Board Members and Trustees

NameTitle
Terry CreechChair
Alan RhodesTrustee
Albert GillispieTrustee
Alfred SmithTrustee
Bward LaneTrustee
Cary ChisolmTrustee
Dee Dee BundyTrustee
Delena McewenTrustee
George LamberthTrustee
Jim CardwellTrustee
Kenneth StephensonTrustee
Larry HaysTrustee
Linda GaitherTrustee
Lowell JohnsonTrustee
Marcelino BandaTrustee
Melisa RobertsTrustee
Mike BustillosTrustee
Mike WischkaemperTrustee
Neil BaldgridgeTrustee
Patti Patterson JoinerTrustee
Quentin MimmsTrustee
Rhonda RhodesTrustee
Robert WilkinsonTrustee
Sharyn WebbTrustee
Steve CrockettTrustee
Steve McleeryTrustee
Tim LeslieTrustee
Tom BasyeTrustee
Tony PenaTrustee
Tia ClaryTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Scott Collier Construction LLCConstruction2202 AVENUE E, Lubbock, TX 79404$11,361,376
Baylor Scott & White Insurance CompanyHealth InsurancePO BOX 843197, Dallas, TX 75284$2,099,911
Pnc BankFinancial Service300 FIFTH AVE THE TOWER AT PNC PLAZ, Pittsburgh, PA 15220$1,986,031
Aramark Services INCFood Service27310 NETWORK PLACE, Chicago, IL 60673$1,792,987
The Bank Of New York Mellon Trust CompanFinancial Service240 GREENWICH STREET, New York, NY 10286$1,417,025
Revenue and Support

Revenue Composition

Contributions and Grants
$22,849,028
Program Service Revenue
$39,893,361
Investment Income
$1,729,847
Other Revenue
$2,032,226
All Other Contributions
$14,693,110
Change in Net Assets
$13,812,079

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Real Estate Other1$2,030,000Appraisal
Securities Publicly Traded5$1,004,452Fair Market Value (FMV)
Total Noncash Contributions6$3,034,452-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$19,636,006
Other Expenses$17,270,261
Grants and Similar Amounts Paid$15,786,116
Total Fundraising Expense$542,700
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$11,301,825$4,254,493$141,909$15,698,227
Grants to Domestic Individuals$14,491,809--$14,491,809
Travel$1,717,780$2,592,408$27,317$4,337,505
Depreciation Depletion$2,363,602$487,278-$2,850,880
Other Employee Benefits$20,981$1,765,840$535$1,787,356
Occupancy$336,982$1,180,460$3,487$1,520,929
Foreign Grants$1,294,307--$1,294,307
Information Technology$419,312$662,088$41,020$1,122,420
Payroll Taxes$735,136$312,657$19,959$1,067,752
Insurance$176,048$727,557-$903,605
Fees for Services Other$410,174$287,388$14,650$712,212
Advertising$652,708$37,052$6,700$696,460
Interest$506,564$186,625-$693,189
Current Officers, Directors, Trustees, and Key Employees$18,300$521,380$147,631$687,311
Pension Plan Contributions$298,325$93,239$3,796$395,360
All Other Expenses$332,101$-55,900$45,489$321,690
Office Expenses$166,150$105,381$35,640$307,171
Other Expenses$67,244$97,360$2,014$166,618
Fees for Services Legal$3,568$98,603$2,515$104,686
Total Functional Expenses$37,010,948$15,138,735$542,700$52,692,383
International Activity

International Summary

Offices
0
Employees
0
Spending
$0

International Compliance

Foreign grant records maintained
No
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No
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
Asset Retirement Obligation$583,192
Student Loans and Other Liabilities$414,831
Agency Funds$307,942
Actuarial Liability for Annuities$183,548

Bond Issues

BondIssuerIssuedIssue PricePurpose
ALefa2016-09-27$21,407,664CAP IMP

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$21,390,000-$5,980,000$401,545

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Alan and rhonda rhodes have a family relationship.”

Form 990, Part VI, Section B, Line 11B

“The 990 was made available to the board of trustees for review, followed by a one week period for management to receive comments and answer questions before the return was filed.”

Form 990, Part VI, Section B, Line 12C

“Each board of trustees member annually submits a conflict-of-interest questionnaire.”

Form 990, Part VI, Section B, Line 15

“Compensation for the university's ceo is determined by the board of trustees compensation committee and approved by the board of trustees executive committee. Compensation for university officers and key employees is determined by the university's ceo using comparability data provided by cupa-hr (college and university professional association for human resources).”

Form 990, Part VI, Section C, Line 19

“All are available upon written request”

Filing and Contact Details

Filer

Filer Name
Lubbock Christian University
EIN
75-0950119
Phone
8067207313
Address
5601 WEST 19TH STREET, LUBBOCK, TX 79407

Signing Officer

Name
Brandon Goen
Title
Controller
Phone
8067207313
Signed
2025-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Scott Mcdowell
Formed
1959
Legal Domicile
TX
Voting Board Members
30
Independent Board Members
30
Employees
888
Volunteers
35

Preparer

Firm
Weaver and Tidwell Llp
Address
2300 N FIELD ST STE 1000, DALLAS, TX 75201
Preparer
Sara Burkhart
Phone
9724901970
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“There has been no change in this process from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“The university is exempt from federal income tax under section 501(c)(3) of the internal revenue code (irc). However, income generated from activities unrealted to the university's exempt purpose is subject to tax under irc section 511. The university has been classified as an organization that is not a private foundation and contributions to it qualify for deduction as charitable contributions. The university had no material unrelated business taxable income during the years ended june 30, 2024 and 2023. The university adopted asc 740, accounting for uncertainty in income taxes, which became effective for years beginning after december 15, 2008, related to accounting for uncertainty in income taxes. The pronouncement required that the university recognize in its financial statements the financial effects of a tax position, if that position is more likely than not of being sustained upon examination, including resolution of any appeals or litigation processes, based upon the technical merits of the position. The promouncement also provides guidance on measurement, classification, interest and penalties and disclosure. Tax positions taken related to the university's status and state taxes have been reviewed, and management is of the opinion that material positions taken by the university would more likely than not be sustained upon examination. Accordingly, the university has not recorded an income tax liability for uncertain tax benefits. As of june 30, 2024, the university's tax years 2020 and thereafter remain subject to examination.”

Raw XML AppendixShowing 400 of 999 raw XML fields

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/ActivityOrMissionDesc0LUBBOCK CHRISTIAN UNIVERSITY IS A CHRIST-CENTERED, ACADEMIC COMMUNITY OF LEARNERS, TRANSFORMING THE HEARTS, MINDS, AND HANDS OF STUDENTS FOR LIVES OF PURPOSE AND SERVICE.
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IRS990/Desc0PROVIDE ACADEMIC INSTRUCTION WITH SMALL, PERSONAL CLASS SIZE, A 13:1 STUDENT TO FACULTY RATIO, OUTSTANDING FACULTY AND MENTORS, OVER 65 EXCEPTIONAL ACADEMIC PROGRAMS PROVIDED WITH A SAFE, INTIMATE, WELCOMING CAMPUS COMMUNITY THAT OFFERS STUDENTS AN OPPORTUNITY TO SUCCEED - PERSONALLY, SPIRITUALLY, AND PROFESSIONALLY. LCU ACHIEVES AN EXCEPTIONALLY HIGH PLACEMENT RATE FOR GRADUATES OF OUR EDUCATION PROGRAM AND OUR PRE-MED AND PRE-DENTAL MAJORS ARE ACCEPTED INTO THEIR RESPECTIVE PROFESSIONAL SCHOOLS AT RATES FAR EXCEEDING THE NATIONAL AVERAGE.
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