Lopez Island Academy
Nonprofit profile at a glance
- EIN
- 371784054
- IRS 990-EZ coverage
- 2021–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2014
- Location
- Lopez Island, WA, USA
- Phone
- 3608822462
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Elementary, Secondary Education, K - 12
- Affiliation
- Christianity
Reported finances
- Revenue
- $155,635
- Expenses
- $87,555
- Assets
- $76,191
- Liabilities
- $1,967
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- Tom Lyster (President)
People named in this filing
- Tom Lyster (President)
- Donald Langrock (Treasurer)
- Brian Krantz (Board Member)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
It is a Christian School for grade levels 1 through 12.
What it reported doing in 2024
The school was in session 5 days a week during the normal academic year consistent with normal public school school activities. Salaries and other benefits
Operating model
- Revenue model
- Donor-supported. 62% of the money available for current operations came from contributions and gifts.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
SUPPORTED - A large share of total spending goes to programs and the filed numbers largely add up. A relatively small share of available resources goes toward mission work and some filed totals do not add up.
Rating breakdown
- Financial Efficiency: 74
- Transparency & Controls: 82
- Sustainability: 71
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 58%; rating input score 58
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 43.7%; rating input score 91; 91st percentile among comparable filings
- Total-asset coverage ratio: 0.87; rating input score 55; 55th percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 35; 35th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 10.6% per year; rating input score 100; 62nd percentile among comparable filings
- Revenue growth: 24.1% per year; rating input score 100; 87th percentile among comparable filings
- Asset growth: 40.3% per year; rating input score 100; 92nd percentile among comparable filings
Details
- Where the money goes: 58% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $90K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 8 of 9 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- Filing history: 4 filing years from 2021 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Mission deployment rate scored 58/100.
- Moderate — Transparency & Controls: Part III program expenses within total did not reconcile in the filed values.
- Review — Sustainability: Total-asset coverage ratio scored 55/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 35/100.