Overview
What is Living Word Christian Academy?
Living Word Christian Academy is a nonprofit organization situated in the Central Texas area, dedicated to providing high-quality education and intervention services for children. Their comprehensive offerings include early childhood intervention, preschool education, after-school programs, and support for at-risk latchkey youth. By integrating Christian principles into their educational programs, they aim to introduce and expose young learners to various educational opportunities, ensuring a nurturing environment for their overall development.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67%, Two-Star out of Four Star rating.
Living Word Christian Academy has achieved a score of 67%, indicating a moderate level of performance in terms of charity accountability and financial health. The organization has a strong governance structure, with 100% independent board members, which reflects a commitment to transparency and proper oversight.
Financially, the academy demonstrates good performance with a program expense ratio of 85.34%, meaning a significant portion of its expenses is directed toward its programs rather than administrative costs. Additionally, there are no reported material diversions of assets, and the liabilities to assets ratio is impressively low at 0.93%, suggesting sound financial management.
However, despite these strengths, the overall two-star rating points to room for improvement in areas of accountability and finance. While the independent board and financial ratios are commendable, the organization may need to address other aspects to enhance its overall rating and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Living Word Christian Academy legitimate?
Living Word Christian Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Living Word Christian Academy submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $47,913
Professional Fundraising Fees: $0
Other Salaries and Wages: $286,421
For more financial information, click here
What is the mission statement of Living Word Christian Academy?
Living Word Christian Academy aims to serve children in the Central Texas area by offering high-quality early childhood intervention, preschool education, after-school programs, and support for at-risk latchkey youth. Their mission is achieved through Christian education, which introduces and exposes children to various educational programs. They provide daycare and educational services to support the overall development of these children, ensuring they have a strong foundation for their future.
Who is the CEO of Living Word Christian Academy?
Louise Gillum is the Waco, Tx of Living Word Christian Academy.
What is the revenue of Living Word Christian Academy?
Living Word Christian Academy's revenue in 2022 was $811,312.
Who are the executives of Living Word Christian Academy and what are their salaries?
The average compensation at Living Word Christian Academy during 2022 was $13,373. There are 25 employees at Living Word Christian Academy.
Here are 6 key members and their salaries:
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- Compensation: $47,913
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Where can I find the form 990 for Living Word Christian Academy?
Living Word Christian Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Living Word Christian Academy
Living Word Christian Academy, a non-profit organization, is dedicated to extending a helping hand to children in the Central Texas area. Their mission is centered around providing quality early childhood intervention, preschool education, after-school programs, and support for at-risk latchkey youth through the medium of Christian education. By introducing and exposing these children to various educational programs, the academy aims to foster their growth and development in a nurturing and faith-based environment.
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Impact
July, 2024
Living Word Christian Academy's impact is profound in the Central Texas area, where it reaches out to children through quality early childhood intervention, preschool education, after-school programs, and education services for at-risk latchkey youth. By introducing and exposing these children to various educational programs, Living Word Christian Academy is making a significant difference in their lives. Through its mission of providing Christian education, the academy is helping children in Waco, TX, to grow academically, socially, and spiritually.
This information is meant to be a general summary of Living Word Christian Academy. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $24,899
- Gross Receipts: $811,312
Assets and Liabilities:
- Total Assets: $405,773
- Total Liabilities: $3,780
- Net Assets: $401,993
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICES
Revenue
$24,899
Organization Details
Founding Year
2003
Phone
(254) 799-3796Principal Officer
Louise Gillum
Main Address
PO BOX 154974, WACO, TX, 76715
NTEE Category
Code: B24 - Education
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