2025-05-15T06:41:30-05:00 2024-06-30 BDO USA 421 Fayetteville Street Suite 300 Raleigh NC 27601 990 2023-07-01 540831546 Liberty Christian Academy % DR ROBERT RITZ LIBE 4348322000 3701 Candlers Mountain Road Lynchburg VA 24502 JEFFREY CAPPS HEAD OF SCHOOLS 4348322000 2025-05-14 true true SANDRA L FEINSMITH P01064157 9192781936 2025-05-14 2023 2025-03-06 01:10:19Z CINDY GAEBE 3701 Candlers Mountain Road Lynchburg VA 24502 22858092 false X www.LCAbulldogs.com X 1966 VA INSTITUTION OF EDUCATION, WITH THE PRIMARY MISSION OF PROVIDING QUALITY CHRISTIAN EDUCATION. 8 0 361 75 0 0 654331 601129 15485278 15960272 237846 1268239 132179 169316 16509634 17998956 1179241 1278990 0 0 10399265 10909170 0 0 388536 3313643 3802718 14892149 15990878 1617485 2008078 17423829 19585612 1661823 1711621 15762006 17873991 X LIBERTY CHRISTIAN ACADEMY HAS APPROXIMATELY 1,600 STUDENTS AND WAS ESTABLISHED TO PROVIDE CHRISTIAN EDUCATION TO CHILDREN IN CENTRAL VIRGINIA. THE ACADEMY BECAME A FULLY ACCREDITED INSTITUTION, STANDING AS A VIABLE EDUCATIONAL CHOICE FOR PARENTS WHO DESIRED TO HAVE THEIR CHILDREN TAUGHT A CHRISTIAN WORLDVIEW FROM A BIBLE-BASED CURRICULUM. RECOGNIZED AS AN ACCREDITED INSTITUTION BY THE COMMONWEALTH OF VIRGINIA, REGIONALLY ACCREDITED BY THE SOUTHERN ASSOCIATION OF COLLEGES AND SCHOOLS, AND INTERNATIONALLY ACCREDITED BY THE ASSOCIATION OF CHRISTIAN SCHOOLS INTERNATIONAL, LCA HAS A RECOGNIZED HISTORY OF ACADEMIC EXCELLENCE. false false 14285872 1278990 16112754 INSTITUTION OF EDUCATION, WITH THE PRIMARY MISSION OF PROVIDING QUALITY CHRISTIAN EDUCATION. 14285872 true true false false false false false false false true true false false false true true true true true false false false false false true false false true true true false false false false true false true false false false false false false true false false false true 18 0 true 361 true false false false false false true true false false false false false false X 8 0 false false false false true true false true true false false true true true true true true false false false X DR ROBERT RITZ 4345927780 1971 UNIVERSITY BLVD LYNCHBURG VA 24515 X PASTOR JONATHAN FALWELL DIRECTOR 2.0 31.0 X 0 822573 11927 MRS CINDY GAEBE DIRECTOR & TREASURER 3.0 52.0 X X 0 391544 13733 DR LAWRENCE HINE DIRECTOR 2.0 53.0 X 0 264338 41062 DR DEANNA KEITH DIRECTOR 2.0 40.0 X 0 249736 23357 MR DARRYLL DOWELL DIRECTOR & CHAIRMAN 2.0 40.0 X 0 172133 25578 MR JEFFREY CAPPS HEAD OF SCHOOLS 50.0 0.0 X 128188 0 23934 MR FRANK ROCCO ATHLETIC DIRECTOR 50.0 0.0 X 112541 0 19727 MR JEFFREY ALDER DIRECTOR & SECRETARY 2.0 40.0 X X 0 94846 18888 MRS BERNETTE BECKLES DIRECTOR 2.0 25.0 X 0 26700 0 MRS JENNIFER FOSTER DIRECTOR 2.0 0.0 X 0 0 0 240729 2021870 178206 2 false true false LIBERTY UNIVERSITY 1971 UNIVERSITY BLVD LYNCHBURG VA 24515 CUST.,SECURITY,&MGMT 455825 1 500 600629 13946 601129 TUITION AND FEES 611710 13287942 13287942 STUDENT FEES 611710 1467761 1467761 STUDENT ACTIVITIES 611710 503515 503515 STUDENT FEES AFTER SCHOOL CARE 611710 490358 490358 OTHER 611710 210696 210696 15960272 657167 0 657167 0 0 0 0 0 5446072 4835000 611072 611072 611072 40970 24136 16834 16834 0 0 0 0 0 0 OTHER REVENUE 900099 133537 133537 SPONSORSHIPS 541800 18945 18945 152482 17998956 16112754 0 1285073 6767 6767 1272223 1272223 0 0 153710 144545 8787 378 62512 58851 3510 151 8281197 7796402 464812 19983 0 1816447 1720934 95513 595304 559251 34770 1283 0 0 96960 96960 0 0 21833 21833 857265 596174 255003 6088 50222 1910 35536 12776 69983 17075 48959 3949 0 9172 9172 473960 465431 7803 726 18674 14079 348 4247 0 4082 2899 1183 1037 1037 0 384109 378911 5198 168474 61690 106784 SUPPLIES, FUEL 630334 316056 32230 282048 INSTRUCTIONAL SUPPLIES 456689 375570 33508 47611 SMALL EQUIPMENT & FURNISHING 275962 249958 22548 3456 REPAIRS & MAINTENANCE 191470 188653 1474 1343 92492 49321 38674 4497 15990878 14285872 1316470 388536 80910 0 5820828 6971430 0 0 271075 244788 0 0 0 0 0 0 0 0 195390 162164 4981570 2920996 1882456 2060574 4846839 10146656 4326331 0 0 0 0 0 0 0 17423829 19585612 497089 507041 0 0 1108124 1171023 0 0 0 0 0 0 0 0 0 0 56610 33557 1661823 1711621 X 15350996 17449162 411010 424829 15762006 17873991 17423829 19585612 2008078 103907 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9173170 973486 10146656 6757047 2000000 416123 9173170 6530893 1000000 -773846 6757047 1982931 4000000 547962 6530893 10854 2000000 -27923 1982931 0.99880 0.00070 0.00050 false false 1945476 1364541 580935 3036094 1556455 1479639 2060574 0 LEASE LIABILITY 33557 33557 X 19069011 103907 1477241 -513396 1067752 18001259 21833 -24136 -2303 17998956 16957026 1477241 -513396 963845 15993181 21833 -24136 -2303 15990878 PART V, LINE 4: THE ORGANIZATION'S QUASI ENDOWED FUNDS ARE TO BE HELD UNTIL SUCH TIME THAT THE EARNINGS CAN BE USED FOR MISSION DRIVEN EXPENDITURES AS APPROVED BY THE BOARD OF DIRECTORS. AS OF JUNE 30, 2024, THERE HAVE BEEN NO EXPENDITURES FROM THE FUND. PART X, LINE 2: THE ACADEMY IS EXEMPT FROM INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND THE TAX STATUTES OF THE COMMONWEALTH OF VIRGINIA. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ACADEMY HAS ADOPTED THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") GUIDANCE RELATING TO UNCERTAINTY IN INCOME TAXES. THIS GUIDANCE REQUIRES ENTITIES TO ASSESS THEIR UNCERTAIN TAX POSITIONS FOR THE LIKELIHOOD THAT THEY WOULD BE OVERTURNED UPON INTERNAL REVENUE SERVICE EXAMINATION OR UPON EXAMINATION BY STATE TAXING AUTHORITIES. THE ACADEMY EVALUATES ANY UNCERTAIN TAX POSITIONS OR UNRECOGNIZED TAX BENEFITS OR LIABILITIES THAT MAY EXIST. THE ACADEMY DOES NOT BELIEVE THAT ANY MATERIAL UNCERTAIN TAX POSITIONS OR UNRECOGNIZED TAX BENEFITS OR LIABILITIES EXISTED AS OF JUNE 30, 2024 OR JUNE 30, 2023. PART XI, LINE 2D - OTHER ADJUSTMENTS: TUITION ASSISTANCE ($513,396) PART XI, LINE 4B - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES ($24,136) PART XII, LINE 2D - OTHER ADJUSTMENTS: TUITION ASSISTANCE ($513,396) PART XII, LINE 4B - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES ($24,136) true true true true true true true false false false false false false false false false false true SCHEDULE E, PART I, LINE 3: LIBERTY CHRISTIAN ACADEMY ACCEPTS STUDENTS NATIONWIDE AND FOLLOWS A RACIALLY NON-DISCRIMINATORY POLICY AS TO STUDENTS. THIS POLICY IS INCLUDED IN ALL STUDENT HANDBOOKS WHICH ARE AVAILABLE ONLINE UNDER EACH ACADEMIC DIVISION. THE NON-DISCRIMINATION POLICY IS ALSO ONLINE IN ALL APPLICATIONS AND ON ENROLLMENT FORMS. Golf Tournament 23458 23458 15366 Brunswick stew 7140 7140 2476 2 10372 10372 6294 40970 40970 24136 24136 16834 true Centra Health Pearson Cancer Center 1701 Thomson Drive Lynchburg VA 24501 540715569 501(c)(3) 6767 community support 1 0 SCHOLARSHIPS 389 1272223 PART I, LINE 2: DONATIONS ARE MADE TO NONPROFIT ORGANIZATIONS WHOSE PURPOSES ARE CONSISTENT WITH THE RELIGIOUS AND EDUCATION PURPOSES OF LIBERTY CHRISTIAN ACADEMY. THE LIBERTY CHRISTIAN ACADEMY MAINTAINS CONTACT WITH ORGANIZATIONS TO ENSURE THE USE OF THE FUNDS ARE APPROPRIATE. SCHOLARSHIPS FOR STUDENTS ARE MADE BASED ON FINANCIAL NEED, EXTRA-CURRICULAR PARTICIPATION AND LEADERSHIP, AND COMMUNITY CONTRIBUTIONS THAT REFLECT POSITIVELY ON THE SCHOOL. X X false false false false false false false false false PASTOR JONATHAN FALWELL DIRECTOR 0 475000 0 300000 0 47573 0 0 0 11927 0 834500 0 0 MRS CINDY GAEBE DIRECTOR & TREASURER 0 369792 0 0 0 21752 0 0 0 13733 0 405277 0 0 DR DEANNA KEITH DIRECTOR 0 173958 0 0 0 75778 0 8698 0 14659 0 273093 0 0 MR DARRYLL DOWELL DIRECTOR & CHAIRMAN 0 162917 0 0 0 9216 0 14869 0 10709 0 197711 0 0 MR JEFFREY CAPPS HEAD OF SCHOOLS 121633 0 0 0 6555 0 6082 0 17852 0 152122 0 0 0 DR LAWRENCE HINE DIRECTOR 0 245833 0 0 0 18505 0 30000 0 11062 0 305400 0 0 NONE 14388 NEEDS BASED GRANTS NEEDS BASED GRANTS Jessica Falwell Holcomb daughter of board member 40873 COMPENSATION FOR SERVICES false Rachel Barnhouse daughter of board member 21639 COMPENSATION FOR SERVICES false FORM 990, PART VI, SECTION A, LINE 6: LIBERTY UNIVERSITY IS THE SOLE MEMBER. FORM 990, PART VI, SECTION A, LINE 7A: THE SOLE MEMBER APPOINTS ALL BUT ONE MEMBER OF THE BOARD OF DIRECTORS. APPROVAL OF THE APPOINTED MEMBERS' DECISIONS BY THE SOLE MEMBER IS NOT REQUIRED. FORM 990, PART VI, SECTION B, LINE 11B: THE FORM 990 FOR JUNE 30, 2024 WAS PROVIDED BEFORE FILING TO THE BOARD OF DIRECTORS FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C: THE CHAIRMAN OF THE BOARD OF DIRECTORS COLLECTS ANNUAL CONFLICT OF INTEREST QUESTIONNAIRES. IF A CONFLICT OF INTEREST ARISES IT IS HANDLED ON A CASE-BY-CASE BASIS. FORM 990, PART VI, SECTION C, LINE 19: GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. 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PRIMARY ACTIVITY: INVESTMENT HOLDINGS COMPANY DIRECT CONTROLLING ENTITY: LIBERTY UNIVERSITY