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Lionheart Children's Academy

Bedford, TX · EIN 46-4093705 · 501(c)(3) · Church
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Lionheart Children's Academy reported $33.4 million in revenue and $39.3 million in expenses for calendar year 2024. Of every $100 it spent, $91.48 went to program services, $8.46 to management and general costs and $0.06 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 95.6% of the total. The highest compensation it reported for one person was $345,076 (DIRECTOR/FDR). 9 people received more than $100,000 in reportable compensation. Revenue rose 165% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $39M

For context, the median across 290 covered religion-related charities: $88.39 programs, $9.62 management, $1.99 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $33M

Investment income was negative: −$2.7M. The bar shows the positive sources only.

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 290 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
91.5%86.0%
Management & general
Part IX 25(C) ÷ 25(A)
8.5%9.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.1%1.9%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.01$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
12.0%83.4%
Government grants share of revenue
Part VIII 1e ÷ 12
0.8%0.0%
Program service revenue share
Part VIII 2g ÷ 12
95.6%2.3%
Highest reported compensation
Part VII-A, columns D–F
$345,076$276,040
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.88%1.40%
People paid over $100,000
Part VII, line 2
94
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
-0.112.7
Independent voting board members
Part VI 1a–1b
7 of 890.9%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$36M expenses · 100.0% of program spending · revenue $29M

Lionheart Children's academy provides twenty early-childhood programs for children from infancy to twelve years old designed to provide developmentally appropriate activities that build children's skill sets, their confidence, and self-esteem. Lionheart's curriculum is designed to address the needs of the whole child through social/emotional development, physical development, cognitive development, language development, and spiritual development. The academy provides parents with flexible options, excellent care, and peace of mind so they can be effective in their workplace

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
DIRECTOR/FDR
Director/trustee, officer, 13.00 hrs/week
$65,000$230,076$50,000$345,076
EXECUTIVE VP CHURC
Highest compensated employee, 40.00 hrs/week
$176,433$0$44,311$220,744
CEO
Director/trustee, officer, 40.00 hrs/week
$170,132$0$50,000$220,132
CPO
Officer, 40.00 hrs/week
$126,433$0$90,389$216,822
COO
Officer, 40.00 hrs/week
$125,123$0$22,866$147,989
CGO
Officer, 40.00 hrs/week
$145,607$0$0$145,607
CSDO
Officer, 40.00 hrs/week
$76,006$0$53,782$129,788
VP, TALENT ACQUISTION
Highest compensated employee, 40.00 hrs/week
$111,777$0$0$111,777

9 people received more than $100,000 in reportable compensation from Lionheart Children's Academy (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.2M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$10M$20M$30M$40M201920202021202220232024$33M$39M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$33M$39M91.5%−$258K$345,076
2023 ⓘ$31M$31M89.9%$5.7M$310,042
2022 ⓘ$24M$22M90.2%$5.8M$336,333
2021 ⓘ$17M$16M91.2%$3.9M$424,000
2020 ⓘ$9.3M$9.8M88.3%$2.4M$249,378
2019 ⓘ$13M$11M90.3%$2.9M$314,715

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b8 · 7 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26Yes
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 51,053

Private foundation grants it received

2 private foundations reported grants to Lionheart Children's Academy totaling $25,070 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Lionheart Children's Academy's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Lionheart Children's Academy, you can publish a response that is linked from this page.

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Questions people ask

How much of Lionheart Children's Academy's spending goes to programs?

In calendar year 2024, Lionheart Children's Academy reported that 91.5% of its $39.3 million in expenses went to program services, 8.5% to management and general and 0.1% to fundraising (Form 990, Part IX).

How much does Lionheart Children's Academy pay its top executive?

The largest total compensation Lionheart Children's Academy reported for one person in calendar year 2024 was $345,076, for the role of DIRECTOR/FDR (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Lionheart Children's Academy get its money?

Of $33.4 million in revenue in calendar year 2024, 12.0% came from contributions and grants (including 0.8% from government grants) and 95.6% from program service revenue (Form 990, Part VIII).

Is Lionheart Children's Academy a registered charity?

The IRS lists EIN 46-4093705 as a 501(c)(3) organization (church), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202531919349300218 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202421449349300227 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202303199349304005 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202233199349324518 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202112329349301331 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202023219349301927 · read the filing

All filings for EIN 46-4093705: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.