Lake Area Christian School Association Inc
Sturgis, Michigan
B+Health Score
74B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
💰
$263K
Total Revenue
📊
$246K
Total Expenses
🏦
$504K
Net Assets
📋
$34K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-7.1%
Year-over-year change (2023 → 2024)
Net Margin
+6.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.05
Net assets divided by total expenses
Liabilities-to-Assets
6.2%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2024 | $263,389↓7% | $245,668↓1% | $537,664↓16% | — |
| 2023 | $283,548↑7% | $248,604↑22% | $640,264↑25% | — |
| 2022 | $263,812↓31% | $203,730↑26% | $511,369↑21% | — |
| 2021 | $380,631↑177% | $162,051↑25% | $424,023↑8% | — |
| 2020 | $137,326↑6% | $129,675↓6% | $393,908↑3% | — |
| 2019 | $129,869↓7% | $138,011↓12% | $382,443↓5% | — |
| 2018 | $138,966↑2% | $157,595↓11% | $404,408↓5% | — |
| 2017 | $136,422↓25% | $177,741↓8% | $427,316↓12% | — |
| 2016 | $182,662↑8% | $192,734↑14% | $483,040↓11% | — |
| 2015 | $169,613↓5% | $169,023↑4% | $542,007↑12% | — |
| 2014 | $178,502↓17% | $162,362↓25% | $482,878↓1% | — |
| 2013 | $215,849 | $217,258↓9% | $485,639↓2% | — |
| 2012 | $216,890 | $237,748 | $495,091 | — |
Frequently Asked Questions
What does Lake Area Christian School Association Inc do?▼
Lake Area Christian School Association Inc is a unclassified nonprofit organization based in Michigan. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Lake Area Christian School Association Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Lake Area Christian School Association Inc.
How much revenue does Lake Area Christian School Association Inc generate?▼
Lake Area Christian School Association Inc reports $242K in annual revenue and holds $488K in total assets, based on IRS filings.
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