Lubbock Christian Schools FY2021 filing

Tax-deductible

Lubbock, TX501(c)(3)Since 2009EducationEIN 26-4232425Revenue $4.9M in FY2021

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Lubbock Christian school is dedicated to providing a quality environment in which each student will grow in wisdom and stature and in favor with god and man. Lcs strives for excellence spiritually, personally, and professionally among those associated with the school and has a persistent focus on improvement.

501(c)(3) charity; gifts are tax-deductible.
84¢ of each $1 spent went to programs.
$139K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $295K a year · 6% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
84%
of spending
Looks good: 84% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$139K
to officers and key staff · 3% of spending
Looks good: pay to officers and key staff is 3% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
6 mo
of spending, in cash
Looks good: 5.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $714K
Looks good: 4 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$3.9M
22% of total assets
Looks good: liabilities are 22% of assets; 50% or less.
Pt X · Ln 26
Independent board members
10
of 10 voting members
Looks good: 10 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$4.9M
+24% vs prior year
Spent
$4.1M
To programs
84%
Net assets
$13.4M
By yearFY2020–FY2024
Revenue
$4.9M
FY2021▲ +24%
Revenue by fiscal year
FY2020$4.0M
FY2021$4.9M
FY2022$4.9M
FY2023$6.8M
FY2024$5.7M
FY2024$7.8M
Expenses
$4.1M
FY2021▲ +15%
Expenses by fiscal year
FY2020$3.6M
FY2021$4.1M
FY2022$4.4M
FY2023$6.4M
FY2024$6.3M
FY2024$6.2M
Net assets
$13.4M
FY2021▲ +6%
Net assets by fiscal year
FY2020$12.6M
FY2021$13.4M
FY2022$14.6M
FY2023$15.0M
FY2024$14.5M
FY2024$16.1M

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 2009.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

84 cents of each dollar spent went to programs.

Program services 84% · $3.5M Management & general 16% · $669K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

14 people listed on the 990; $139K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$131,172Pt VII · Sec A
Interim President
$8,125Pt VII · Sec A
Secretary/Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Chairman
$0Pt VII · Sec A

Hutch Haley’s $162K as President is at the 70th percentile of top reported officer pay among 3394 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 5 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Hutch Haley$162,040$155,173$151,630$80,500——
Larry Rogers—————$134,538
Larry Rogers 720 - 1020————$131,172—
Chris Softley$103,808—————
Dr Kathryn Crockett———$48,750$8,125—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Lubbock Christian Schools executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Educates students to grow in wisdom, stature, and favor with God and man.

Provided by the organization

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1 program · $3.5M · in their own filed words · FY2020
01

Pre-k thru 12TH grade education with an enrollment of approximately 330 students.

$3.5Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 4 funders →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$4.9M
Ln 12
Fees for servicesLn 2g$2.4M
Gifts and grantsLn 1h$2.4M
Other incomeLn 4–11$81K
Money outPt IX
$4.1M
Ln 25
Programscol B$3.5M
Managementcol C$669K
Owns and owesPt X
$13.4M
net assets · Ln 32
Cash and savingsLn 1–2$2.0M
Total assetsLn 16$17.3M
LiabilitiesLn 26$3.9M
PeoplePt VI, VII
14
listed · VII A
PaidVII A2
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.4M
Government grantsLn 1e$464K
Fundraising eventsLn 1c$106K
Fees for servicesLn 2g$2.4M
Investment incomeLn 3$4K
Other incomeLn 4–11$81K
Total revenueLn 12$4.9M
Assets in detailPt X, end of year
CashLn 1$2.0M
SavingsLn 2$12K
Cash and savings togetherLn 1–2$2.0M
Land, buildings, equipmentLn 10c$13.2M
Other assetsLn 15$1.9M
Total assetsLn 16$17.3M
LiabilitiesLn 26$3.9M
Net assetsLn 32$13.4M
OperationsPt I, VI
EmployeesI 5135
VolunteersI 6115
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$2.6M$2.0M
Land, buildings, equipmentLn 10c$13.7M$13.2M
Total assetsLn 16$17.1M$17.3M
LiabilitiesLn 26$4.5M$3.9M
Net assetsLn 32$12.6M$13.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$149K$37K$112K
Other salaries and wagesLn 7$1.5M$1.2M$308K
Pension plan contributionsLn 8$34K$25K$9K
Other employee benefitsLn 9$165K$122K$42K
Payroll taxesLn 10$141K$105K$36K
Legal feesLn 11b$3K$3K
Accounting feesLn 11c$10K$10K
Advertising and promotionLn 12$26K$26K
Office expensesLn 13$73K$37K$37K
OccupancyLn 16$147K$141K$6K
Conferences, conventions and meetingsLn 19$21K$19K$2K
InterestLn 20$129K$129K
Depreciation, depletion and amortizationLn 22$485K$436K$48K
InsuranceLn 23$85K$63K$22K
Other expenses (24a–d)Ln 24$1.2M$1.2M$7K
Total functional expensesLn 25$4.1M$3.5M$669K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $5.7M$6.3M−$512K$14.5M 990 PDF
FY2023 $6.8M$6.4M$398K$15.0M 990 PDF
FY2022 $4.9M$4.4M$425K$14.6M 990 PDF
FY2021 Viewing $4.9M$4.1M$794K$13.4M 990 PDF
FY2020 $4.0M$3.6M$372K$12.6M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $4,936,276 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,149,609$2,408,493
I-9 Program service revenuePrior year $2,774,142$2,443,310
I-10 Investment incomePrior year $16,111$3,520
I-11 Other revenuePrior year $33,682$80,953
I-12 Total revenuePrior year $3,973,544$4,936,276
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $2,352,966$1,969,995
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,248,583$2,172,557
I-18 Total expensesPrior year $3,601,549$4,142,552
I-19 Revenue less expensesPrior year $371,995$793,724
Part VI · Governance 10 of 10 board members independent, 3 to look at
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $4,936,276 across 9 lines filed
VIII-1c Fundraising events$105,929
VIII-1e Government grants$464,200
VIII-1f All other contributions, gifts and grants$1,838,364
VIII-1h Total contributions, gifts and grants$2,408,493
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $2,443,310$2,443,310
VIII-3 Investment incomeExcluded from tax $3,520$3,520
VIII-6 Net rental income or lossExcluded from tax $80,953$80,953
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $2,443,310 · Unrelated business $0 · Excluded from tax $84,473$4,936,276
Part IX · Statement of functional expenses $4,142,552 across 15 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $37,301 · Management $111,905$149,206
IX-7 Other salaries and wagesPrograms $1,172,782 · Management $308,035$1,480,817
IX-8 Pension plan contributionsPrograms $25,263 · Management $8,767$34,030
IX-9 Other employee benefitsPrograms $122,361 · Management $42,463$164,824
IX-10 Payroll taxesPrograms $104,762 · Management $36,356$141,118
IX-11b Legal feesManagement $2,825$2,825
IX-11c Accounting feesManagement $9,550$9,550
IX-12 Advertising and promotionManagement $26,226$26,226
IX-13 Office expensesPrograms $36,731 · Management $36,731$73,462
IX-16 OccupancyPrograms $140,918 · Management $6,466$147,384
IX-19 Conferences, conventions and meetingsPrograms $18,773 · Management $2,257$21,030
IX-20 InterestPrograms $129,052$129,052
IX-22 Depreciation, depletion and amortizationPrograms $436,120 · Management $48,458$484,578
IX-23 InsurancePrograms $63,441 · Management $22,016$85,457
IX-24 Other expenses (24a–d)Programs $1,186,031 · Management $6,962$1,192,993
IX-25 Total functional expensesPrograms $3,473,535 · Management $669,017 · Fundraising $0$4,142,552
Part X · Balance sheet $17,292,775 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $2,614,864$2,028,516
X-2 Savings and temporary cash investmentsStart of year $12,402$12,402
X-3 Pledges and grants receivableStart of year $114,298$86,515
X-4 Accounts receivableStart of year $58,407$60,766
X-10c Land, buildings and equipment, netStart of year $13,699,792$13,215,214
X-15 Other assetsStart of year $630,582$1,889,362
X-16 Total assetsStart of year $17,130,345$17,292,775
X-17 Accounts payable and accrued expensesStart of year $124,194$148,261
X-19 Deferred revenueStart of year $248,195$262,015
X-25 Other liabilitiesStart of year $476,454$7,934
X-26 Total liabilitiesStart of year $4,500,197$3,868,903
X-27 Net assets without donor restrictionsStart of year $12,021,158$13,067,083
X-28 Net assets with donor restrictionsStart of year $608,990$356,789
X-32 Total net assets or fund balancesStart of year $12,630,148$13,423,872
X-33 Total liabilities and net assetsStart of year $17,130,345$17,292,775
Part XI · Reconciliation of net assets $13,423,872 net assets at year end
XI-1 Total revenue$4,936,276
XI-2 Total expenses$4,142,552
XI-3 Revenue less expenses$793,724
XI-4 Net assets at start of year$12,630,148
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$13,423,872

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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