BEducationEIN: 262683788· Ruling Year: 2008

Lake Norman Christian School

Huntersville, North Carolina

DHealth Score
33D

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Poor

How This Organization Compares

Compared to 4 peers in Education with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.00×
Peer Median20.77×
💰
$1.4M
Total Revenue
📊
$1.6M
Total Expenses
🏦
$2K
Net Assets
📋
$194K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-17.7%
Year-over-year change (2022 → 2023)
Net Margin
-14.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.00
Net assets divided by total expenses
Liabilities-to-Assets
98.9%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$1,371,51118%$1,572,66217%$195,97848%
2022$1,666,71512%$1,886,30826%$379,72953%
2021$1,904,65361%$1,495,52619%$805,04669%
2020$1,181,1106%$1,259,5704%$475,54341%
2019$1,109,30125%$1,209,74515%$338,31527%
2018$1,472,0477%$1,419,38213%$464,3488%
2017$1,373,03910%$1,257,447$430,15081%
2016$1,250,6488%$1,257,5385%$237,35016%
2015$1,155,54324%$1,199,82017%$204,8631%
2014$934,48711%$1,022,1692%$202,3693%
2013$1,050,45211%$1,037,9769%$208,52924%
2012$943,855$951,591$168,343

Frequently Asked Questions

What does Lake Norman Christian School do?

Lake Norman Christian School is a education nonprofit organization based in North Carolina. It is classified under NTEE code B24 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Lake Norman Christian School financially healthy?

Based on our 9-metric Financial Health Score model, Lake Norman Christian School has a score of 33/100 (Grade: D). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Lake Norman Christian School generate?

Lake Norman Christian School reports $2.6M in annual revenue and holds $6.6M in total assets, based on IRS filings.

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