Civic Intelligence

Lucas Christian Academy

990 • Fiscal year 2020 • EIN 75-2866203

Aug 01, 2019 to Jul 31, 2020 • Filed on Feb 08, 2021

505 West Lucas RoadLucas, TX 75002

(972) 429-4362

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.64x

Higher debt load relative to assets than 82% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

88th percentile

1.98x

Higher debt load relative to revenue than 88% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Net Margin

41st percentile

1.3%

Higher net margin than 41% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

26th percentile

$55,017

Higher top officer pay than 26% of similar nonprofits.

Top officer pay equals 1.9% of source-year revenue.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Asset Growth

39th percentile

2.5%

Faster asset growth than 39% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

37th percentile

-4.1%

Faster revenue growth than 37% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Assets

Up

$9,156,858

Up $221,579 (+2.5%) from 2019

Net Assets

Up

$3,311,005

Up $33,295 (+1.0%) from 2019

Liabilities

Up

$5,845,853

Up $188,284 (+3.3%) from 2019

Revenue

Down

$2,957,531

Down $126,924 (-4.1%) from 2019

Expenses

Down

$2,919,710

Down $59,343 (-2.0%) from 2019

Net Income

Down

$37,821

Down $67,581 (-64%) from 2019

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2010: $1,128,697Liabilities 2010: $552,245Net Assets 2010: $576,4522010Assets 2011: $1,558,296Liabilities 2011: $74,965Net Assets 2011: $1,483,3312011Assets 2012: $1,779,427Liabilities 2012: $66,135Net Assets 2012: $1,713,2922012Assets 2013: $2,020,914Liabilities 2013: $70,919Net Assets 2013: $1,949,9952013Assets 2014: $7,603,568Liabilities 2014: $5,415,736Net Assets 2014: $2,187,8322014Assets 2015: $9,318,127Liabilities 2015: $6,749,839Net Assets 2015: $2,568,2882015Assets 2016: $9,414,211Liabilities 2016: $6,566,630Net Assets 2016: $2,847,5812016Assets 2017: $9,023,377Liabilities 2017: $6,055,238Net Assets 2017: $2,968,1392017Assets 2018: $9,033,354Liabilities 2018: $5,883,525Net Assets 2018: $3,149,8292018Assets 2019: $8,935,279Liabilities 2019: $5,657,569Net Assets 2019: $3,277,7102019Assets 2020: $9,156,858Liabilities 2020: $5,845,853Net Assets 2020: $3,311,0052020Assets 2021: $8,802,600Liabilities 2021: $5,522,645Net Assets 2021: $3,279,9552021Assets 2022: $8,851,062Liabilities 2022: $6,825,540Net Assets 2022: $2,025,5222022Assets 2023: $8,995,829Liabilities 2023: $6,874,961Net Assets 2023: $2,120,8682023Assets 2024: $9,220,589Liabilities 2024: $6,944,341Net Assets 2024: $2,276,2482024Assets 2025: $9,517,818Liabilities 2025: $7,068,985Net Assets 2025: $2,448,8332025

Highlighted filing

2020

Assets$9,156,858
Liabilities$5,845,853
Net Assets$3,311,005

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $1,188,8732010Expenses 2011: $1,254,4422011Expenses 2012: $1,694,0932012Revenue 2013: $2,004,038Expenses 2013: $1,767,335Net Income 2013: $236,7032013Revenue 2014: $2,286,014Expenses 2014: $2,048,177Net Income 2014: $237,8372014Revenue 2015: $3,009,113Expenses 2015: $2,628,657Net Income 2015: $380,4562015Revenue 2016: $3,140,736Expenses 2016: $2,861,443Net Income 2016: $279,2932016Revenue 2017: $3,044,551Expenses 2017: $2,901,359Net Income 2017: $143,1922017Revenue 2018: $3,026,504Expenses 2018: $2,859,826Net Income 2018: $166,6782018Revenue 2019: $3,084,455Expenses 2019: $2,979,053Net Income 2019: $105,4022019Revenue 2020: $2,957,531Expenses 2020: $2,919,710Net Income 2020: $37,8212020Revenue 2021: $3,340,330Expenses 2021: $3,368,507Net Income 2021: -$28,1772021Revenue 2022: $3,616,972Expenses 2022: $3,578,765Net Income 2022: $38,2072022Revenue 2023: $3,904,230Expenses 2023: $3,774,846Net Income 2023: $129,3842023Revenue 2024: $4,574,944Expenses 2024: $4,370,082Net Income 2024: $204,8622024Revenue 2025: $4,982,674Expenses 2025: $4,806,907Net Income 2025: $175,7672025

Highlighted filing

2020

Revenue$2,957,531
Expenses$2,919,710
Net Income$37,821
Jump To
Filing Snapshot
Filing Period
Aug 1, 2019 to Jul 31, 2020
Signed
Feb 8, 2021
Return Version
2019v5.1
Gross Receipts
$2,959,453
Mission and Program Overview

Mission

To partner with christ-centered families to educate and develop fully equipped disciples. Lca currently serves students in the pre-k through twelfth grade.

To provide elementary and secondary education for grades K-12.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$8,007,368$7,769,240▼ $238,128
Cash and Non-Interest-Bearing Accounts$536,920$862,289▲ $325,369
Savings and Temporary Cash Investments$367,204$472,803▲ $105,599
Accounts Receivable-$52,524-
Pledges and Grants Receivable$23,788--
Total Assets$8,935,279$9,156,858▲ $221,579
Other Assets Total$-1$2▲ $3
Liabilities
Mortgage Notes Payable Secured by Investment Property$5,644,303$5,508,608▼ $135,695
Other Liabilities-$337,245-
Accounts Payable and Accrued Expenses$13,266--
Total Liabilities$5,657,569$5,845,853▲ $188,284
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,208,221$3,254,721▲ $46,500
Net Assets With Donor Restrictions$69,489$56,284▼ $13,205
Total Net Assets Fund Balance$3,277,710$3,311,005▲ $33,295
Total Liabilities and Net Assets / Fund Balance$8,935,279$9,156,858▲ $221,579

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$6,771,766$1,300,052$8,071,818
Land$736,396-$736,396
Other Land Buildings$241,920$297,674$539,594
Equipment$19,158$206,986$226,144
Other Assets Org$2--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jasmine BaylissHead of SchoolFT$55,017$55,017

Board Members and Trustees

NameTitle
Scott RowePresident
Allyson CookVice ChairSecretary
Brian WhiteBoard Member
Emily SernaBoard Member
Matthew GibbinsBoard Member
Nick McGregorBoard Member
Scott HarperBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$327,020
Program Service Revenue
$2,613,912
Investment Income
$3,692
Other Revenue
$12,907
All Other Contributions
$197,087
Change in Net Assets
$37,821
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,746,559
Other Expenses$1,173,151
Total Fundraising Expense$18,171
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,445,213$177,404-$1,622,617
Depreciation Depletion$264,466--$264,466
All Other Expenses$165,266-$18,171$183,437
Interest$143,945$36,152-$180,097
Occupancy$115,226$28,948-$144,174
Payroll Taxes$84,281$39,661-$123,942
Insurance$56,258--$56,258
Information Technology$22,587--$22,587
Fees for Services Accounting$18,394--$18,394
Other Expenses$12,439--$12,439
Payments to Affiliates$6,199--$6,199
Advertising$288--$288
Total Functional Expenses$2,619,374$282,165$18,171$2,919,710
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Partner Cele$129,933---
Total Events$129,933---
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
PPP Loan$331,137
Credit Cards$5,353
Payroll Liabilities$755
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Other officer compensation reviewed
No
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

Form 990 is reviewed by the Head of School and the Business Services Director prior to filing.

Conflict of interest policy compliance Part VI line 12C

Board members are subject to a survey each year to reveal any potential conflict of interest.

Governing documents etc available to public Part VI line 19

Documents available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Lucas Christian Academy
EIN
75-2866203
Address
505 West Lucas Road, Lucas, TX 75002

Signing Officer

Name
Jasmine Bayliss
Title
Head of School
Phone
9724294362
Signed
2021-02-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jasmine Bayliss
Formed
2000
Legal Domicile
TX
Voting Board Members
7
Independent Board Members
7
Employees
104
Volunteers
90

Preparer

Firm
Allied Tax and Consulting LLC
Address
8765 Stockard Dr Suite 404, Frisco, TX 75034-8007
Preparer
R Wayne Nabors CPA
Phone
9724641226
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt217332
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3185985
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02403199
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt17396
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt217332
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3185985
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0384827
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt02597
IRS990/PYOtherExpensesAmt01295431
IRS990/PYOtherRevenueAmt036221
IRS990/PYProgramServiceRevenueAmt02660810
IRS990/PYRevenuesLessExpensesAmt0105402
IRS990/PYSalariesCompEmpBnftPaidAmt01683622
IRS990/PYTotalExpensesAmt02979053
IRS990/PYTotalRevenueAmt03084455
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt037821
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt03171
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt02613912
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0367204
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0472803
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/BookValueAmt06771766
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01300052
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt08071818
IRS990ScheduleD/EquipmentGrp/BookValueAmt019158
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0206986
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0226144
IRS990ScheduleD/LandGrp/BookValueAmt0736396
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0736396
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt02
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Rounding
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0241920
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0297674
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0539594
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0331137
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt15353
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2755
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PPP Loan
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Credit Cards
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Payroll Liabilities
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07769240
IRS990ScheduleD/TotalBookValueOtherAssetsAmt02
IRS990ScheduleD/TotalLiabilityAmt0337245
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/PlcyPblczdViaBroadcastMediaInd0false
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0129933
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0129933
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Partner Cele
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0129933
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0129933
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Form 990 is reviewed by the Head of School and the Business Services Director prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Board members are subject to a survey each year to reveal any potential conflict of interest.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Documents available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing documents etc available to public Part VI line 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt08935279
IRS990/TotalAssetsEOYAmt09156858
IRS990/TotalAssetsGrp/BOYAmt08935279
IRS990/TotalAssetsGrp/EOYAmt09156858
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0327020
IRS990/TotalEmployeeCnt0104
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt018171
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0282165
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02619374
IRS990/TotalFunctionalExpensesGrp/TotalAmt02919710
IRS990/TotalGrossUBIAmt03171
IRS990/TotalLiabilitiesBOYAmt05657569
IRS990/TotalLiabilitiesEOYAmt05845853
IRS990/TotalLiabilitiesGrp/BOYAmt05657569
IRS990/TotalLiabilitiesGrp/EOYAmt05845853
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03277710
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03311005
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt02619374
IRS990/TotalProgramServiceRevenueAmt02613912
IRS990/TotalReportableCompFromOrgAmt055017
IRS990/TotalRevenueGrp/ExclusionAmt03692
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02623648
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02957531
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt03171
IRS990/TotalVolunteersCnt090
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt08935279
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt09156858
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0www.lucaschristianacademy.com
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$9.52$7.07$2.45$4.98$4.81$0.18
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.22$6.94$2.28$4.57$4.37$0.20
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.00$6.87$2.12$3.90$3.77$0.13
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.85$6.83$2.03$3.62$3.58$0.04
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.80$5.52$3.28$3.34$3.37$0.03
2020Detailed filing. Detailed filing data is available for this year.$9.16$5.85$3.31$2.96$2.92$0.04
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.94$5.66$3.28$3.08$2.98$0.11
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.03$5.88$3.15$3.03$2.86$0.17
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.02$6.06$2.97$3.04$2.90$0.14
2016Detailed filing. Detailed filing data is available for this year.$9.41$6.57$2.85$3.14$2.86$0.28
2015Detailed filing. Detailed filing data is available for this year.$9.32$6.75$2.57$3.01$2.63$0.38
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.60$5.42$2.19$2.29$2.05$0.24
2013Summary only. Only limited summary data is available for this year.$2.02$0.07$1.95$2.00$1.77$0.24
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.78$0.07$1.71$1.69
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.56$0.07$1.48$1.25
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.13$0.55$0.58$1.19