Lighthouse Private Christianacademy Inc
Lighthouse Private Christianacademy Inc shows strong revenue growth and asset accumulation with no reported officer compensation.
EIN: 204303536 · Gulf Breeze, FL · NTEE: B24 · Updated: 2026-03-28
Is Lighthouse Private Christianacademy Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lighthouse Private Christianacademy Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lighthouse Private Christianacademy Inc
Lighthouse Private Christianacademy Inc (EIN: 204303536) is a nonprofit organization based in Gulf Breeze, FL, classified under NTEE code B24. The organization reported total revenue of $3.6M and total assets of $788K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lighthouse Private Christianacademy Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lighthouse Private Christianacademy Inc is a mid-size nonprofit that has been operating for 16 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 21.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.6M |
| Total Expenses | $3.9M |
| Surplus / Deficit | +$657K |
| Total Assets | $5.2M |
| Total Liabilities | $728K |
| Net Assets | $4.5M |
| Operating Margin | 14.3% |
| Debt-to-Asset Ratio | 13.9% |
| Months of Reserves | 16.0 months |
Financial Health Grade: A
In 2023, Lighthouse Private Christianacademy Inc reported a surplus of $657K with revenue exceeding expenses, holds 16.0 months of operating reserves (strong position), has a debt-to-asset ratio of 13.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Lighthouse Private Christianacademy Inc's revenue has grown at a compound annual growth rate (CAGR) of 21.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.2% | +33.2% | -1.0% |
| 2022 | +131.8% | +164.7% | +32.1% |
| 2021 | -29.9% | -35.3% | +35.4% |
| 2020 | +9.2% | -29.4% | +52.8% |
| 2019 | +12.4% | +4.4% | -1.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Lighthouse Private Christianacademy Inc with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Lighthouse Private Christianacademy Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $657K, with revenue exceeding expenses.
- Debt-to-asset ratio: 13.9%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers or key employees received compensation from the organization, which is highly unusual for an organization of its size with over $4.5 million in annual revenue.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Lighthouse Private Christianacademy Inc's IRS 990 filings:
- Unusually low liabilities relative to assets in some periods, potentially indicating significant financial strength or minimal debt reliance.
- Lack of detailed functional expense breakdown (program, admin, fundraising) in the provided summary, limiting granular spending efficiency analysis.
Strengths
The following positive indicators were identified for Lighthouse Private Christianacademy Inc:
- Consistent and strong revenue growth, increasing from $817,623 in 2014 to $4,579,050 in 2023.
- Significant asset accumulation, growing from $1,177,858 in 2014 to $5,243,279 in 2023.
- Consistent reporting of 0% officer compensation, indicating high efficiency in executive overhead.
- Positive net income in most years, demonstrating financial sustainability and ability to reinvest.
- Healthy financial position with assets significantly exceeding liabilities.
Frequently Asked Questions about Lighthouse Private Christianacademy Inc
Is Lighthouse Private Christianacademy Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lighthouse Private Christianacademy Inc (EIN: 204303536) some concerns. Mission Score: 95/100. 2 red flags identified, 5 strengths noted.
How does Lighthouse Private Christianacademy Inc spend its money?
Lighthouse Private Christianacademy Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Lighthouse Private Christianacademy Inc tax-deductible?
Lighthouse Private Christianacademy Inc is registered as a tax-exempt nonprofit (EIN: 204303536). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Lighthouse Private Christianacademy Inc manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that leadership roles may be filled by volunteers, or compensated through other means not classified as officer compensation on the 990, or that the organization has a unique operational model that minimizes executive salary expenses.
What is the primary driver of the significant revenue growth observed in recent years?
While the specific drivers are not detailed in the provided data, the substantial increase in revenue from $1.9 million in 2021 to $4.5 million in 2022 and 2023 suggests successful fundraising, increased enrollment, or significant grant acquisition.
What is the organization's long-term strategy for managing its growing assets and liabilities?
The organization has consistently grown its assets, reaching over $5.2 million in 2023, while liabilities have fluctuated but remained manageable relative to assets. A detailed strategy would involve understanding their investment policies and debt management approaches.
Filing History
IRS 990 filing history for Lighthouse Private Christianacademy Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Lighthouse Private Christianacademy Inc's revenue has grown by 957.6%, moving from $433K to $4.6M. Total assets increased by 1866.2% over the same period, from $267K to $5.2M. Total functional expenses rose by 574.4%, from $582K to $3.9M. In its most recent filing year (2023), Lighthouse Private Christianacademy Inc reported a surplus of $657K, with revenue exceeding expenses. The organization holds $728K in liabilities against $5.2M in assets (debt-to-asset ratio: 13.9%), resulting in net assets of $4.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.6M | $3.9M | $5.2M | $728K | — | — |
| 2022 | $4.5M | $2.9M | $5.3M | $1.1M | — | View 990 |
| 2021 | $2.0M | $1.1M | $4.0M | $1.4M | — | — |
| 2020 | $2.8M | $1.7M | $3.0M | $1.2M | — | View 990 |
| 2019 | $2.6M | $2.4M | $1.9M | $1.2M | — | View 990 |
| 2018 | $2.3M | $2.3M | $2.0M | $1.3M | — | View 990 |
| 2017 | $2.0M | $1.9M | $2.0M | $1.4M | — | View 990 |
| 2016 | $1.6M | $1.4M | $1.8M | $1.3M | — | View 990 |
| 2015 | $1.3M | $1.2M | $1.2M | $941K | — | View 990 |
| 2014 | $818K | $745K | $1.2M | $948K | — | View 990 |
| 2013 | $738K | $651K | $523K | $365K | — | View 990 |
| 2012 | $625K | $598K | $453K | $382K | — | View 990 |
| 2011 | $433K | $582K | $267K | $391K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.6M, expenses of $3.9M, and assets of $5.2M (revenue +1.2% year-over-year).
- 2022: Revenue of $4.5M, expenses of $2.9M, and assets of $5.3M (revenue +131.8% year-over-year).
- 2021: Revenue of $2.0M, expenses of $1.1M, and assets of $4.0M (revenue -29.9% year-over-year).
- 2020: Revenue of $2.8M, expenses of $1.7M, and assets of $3.0M (revenue +9.2% year-over-year).
- 2019: Revenue of $2.6M, expenses of $2.4M, and assets of $1.9M (revenue +12.4% year-over-year).
- 2018: Revenue of $2.3M, expenses of $2.3M, and assets of $2.0M (revenue +11.2% year-over-year).
- 2017: Revenue of $2.0M, expenses of $1.9M, and assets of $2.0M (revenue +28.2% year-over-year).
- 2016: Revenue of $1.6M, expenses of $1.4M, and assets of $1.8M (revenue +22.5% year-over-year).
- 2015: Revenue of $1.3M, expenses of $1.2M, and assets of $1.2M (revenue +59.0% year-over-year).
- 2014: Revenue of $818K, expenses of $745K, and assets of $1.2M (revenue +10.7% year-over-year).
- 2013: Revenue of $738K, expenses of $651K, and assets of $523K (revenue +18.2% year-over-year).
- 2012: Revenue of $625K, expenses of $598K, and assets of $453K (revenue +44.2% year-over-year).
- 2011: Revenue of $433K, expenses of $582K, and assets of $267K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lighthouse Private Christianacademy Inc:
Data Sources and Methodology
This transparency report for Lighthouse Private Christianacademy Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.