First Baptist Christian Academy of Palm Coast 
The information on this page was last updated 8/27/2026. If you see errors or omissions, please email: [email protected]
Summary
FBCA- Provides a well-rounded, Christian Education to infants through 12th grade. Fully accredited.
Contact information
Mailing address:
First Baptist Christian Academy
1 Pine Lakes Pkwy
Palm Coast, FL 32137
Website: crusadersonline.org
Phone: (386) 446-0094
Email: [email protected]
Organization details
EIN: 260490300
CEO/President: Kevin Lautar
Chairman: Jerry Patton
Board size: 11
Founder:
Ruling year: 2017
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: No
Member of ECFA since:
Purpose
The vision of First Baptist Christian Academy is to produce champions of Jesus Christ who are spiritually, academically, and physically prepared for lifelong Christian citizenship.
Mission statement
First Baptist Christian Academy exists to glorify the Lord by serving families, educating students, and discipling champions for Jesus Christ.
Statement of faith
Donor confidence score
Show donor confidence score details
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Transparency grade
D
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: K-12 Schools/Academies
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 650 of 1485 | 117 of 216 |
| Fund acquisition rating | | 656 of 1485 | 126 of 216 |
| Resource allocation rating | | 1321 of 1485 | 197 of 216 |
| Asset utilization rating | | 119 of 1486 | 10 of 216 |
To understand our financial efficiency ratings, click here.
Financial ratios
| Funding ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 10% | 0% | 0% | 0% | 0% | 0% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 2% | 0% | 0% | 0% | 0% | 0% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 13% | 0% | 0% | 1% | 1% | 0% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 2% | 0% | 0% | 0% | 0% | 0% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 87% | 100% | 100% | 99% | 99% | 100% |
| Operating ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Program expense ratio Program expense ratio = Program services / Total expenses | 83% | 72% | 74% | 80% | 78% | 79% |
Spending ratio Spending ratio = Total expenses / Total revenue | 93% | 99% | 99% | 95% | 95% | 101% |
Program output ratio Program output ratio = Program services / Total revenue | 77% | 72% | 73% | 76% | 74% | 79% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 7% | 1% | 1% | 5% | 5% | -1% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 7% | 3% | 3% | 10% | 12% | -1% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 14% | 28% | 26% | 20% | 22% | 21% |
| Investing ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.55 | 2.79 | 2.38 | 1.86 | 2.30 | 2.40 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 2.93 | 1.74 | 1.66 | 1.53 | 1.45 | 1.64 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.88 | 4.85 | 3.96 | 2.84 | 3.33 | 3.94 |
| Liquidity ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Current ratio Current ratio = Total current assets / Total current liabilities | 2.80 | 6.11 | 11.63 | 32.22 | 15.59 | 12.59 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.35 | 0.16 | 0.09 | 0.03 | 0.06 | 0.08 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 3.76 | 2.07 | 2.77 | 4.09 | 3.37 | 2.80 |
| Solvency ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 29% | 9% | 5% | 2% | 7% | 7% |
Debt ratio Debt ratio = Debt / Total assets | 8% | 0% | 0% | 0% | 3% | 2% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 116% | 32% | 40% | 53% | 41% | 39% |
Financials
| Balance sheet | |||||
| Assets | 2025 | 2024 | 2023 | 2022 | 2021 |
| Cash | $1,109,354 | $1,115,885 | $1,243,863 | $974,599 | $778,657 |
| Receivables, inventories, prepaids | $34,472 | $0 | $54,948 | $7,757 | $15,751 |
| Short-term investments | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $1,143,826 | $1,115,885 | $1,298,811 | $982,356 | $794,408 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $835,682 | $731,124 | $374,689 | $436,478 | $504,564 |
| Other long-term assets | $7,456 | $6,380 | $315,601 | $6,380 | $6,380 |
| Total long-term assets | $843,138 | $737,504 | $690,290 | $442,858 | $510,944 |
| Total assets | $1,986,964 | $1,853,389 | $1,989,101 | $1,425,214 | $1,305,352 |
| Liabilities | 2025 | 2024 | 2023 | 2022 | 2021 |
| Payables and accrued expenses | $167,290 | $93,044 | $40,308 | $63,024 | $63,109 |
| Other current liabilities | $19,779 | $2,925 | $0 | $0 | $0 |
| Total current liabilities | $187,069 | $95,969 | $40,308 | $63,024 | $63,109 |
| Debt | $0 | $0 | $0 | $35,827 | $28,800 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $0 | $0 | $0 | $0 | $0 |
| Total long-term liabilities | $0 | $0 | $0 | $35,827 | $28,800 |
| Total liabilities | $187,069 | $95,969 | $40,308 | $98,851 | $91,909 |
| Net assets | 2025 | 2024 | 2023 | 2022 | 2021 |
| Without donor restrictions | $1,799,895 | $1,757,420 | $1,948,793 | $1,279,082 | $1,071,720 |
| With donor restrictions | $0 | $0 | $0 | $47,281 | $141,723 |
| Net assets | $1,799,895 | $1,757,420 | $1,948,793 | $1,326,363 | $1,213,443 |
| Revenues and expenses | |||||
| Revenue | 2025 | 2024 | 2023 | 2022 | 2021 |
| Total contributions | $16,689 | $17,609 | $20,765 | $22,967 | $8,633 |
| Program service revenue | $5,565,072 | $4,432,284 | $3,812,538 | $3,405,960 | $3,102,516 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $21,446 | $18,436 | $49,846 | $398 | $2,390 |
| Other revenue | $0 | $0 | $0 | $0 | $0 |
| Total other revenue | $5,586,518 | $4,450,720 | $3,862,384 | $3,406,358 | $3,104,906 |
| Total revenue | $5,603,207 | $4,468,329 | $3,883,149 | $3,429,325 | $3,113,539 |
| Expenses | 2025 | 2024 | 2023 | 2022 | 2021 |
| Program services | $4,012,560 | $3,252,156 | $2,942,820 | $2,545,494 | $2,463,715 |
| Management and general | $1,535,004 | $1,167,346 | $748,319 | $728,379 | $667,482 |
| Fundraising | $0 | $0 | $0 | $0 | $0 |
| Total expenses | $5,547,564 | $4,419,502 | $3,691,139 | $3,273,873 | $3,131,197 |
| Change in net assets | 2025 | 2024 | 2023 | 2022 | 2021 |
| Surplus (deficit) | $55,643 | $48,827 | $192,010 | $155,452 | ($17,658) |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $55,643 | $48,827 | $192,010 | $155,452 | ($17,658) |
Compensation
| Name | Title | Compensation |
| R Robinson | Mmbr At Large | $5,948 |
| Max Fernandez | Ex-Officio | $2,115 |
| Doreen Simcoe | Mmbr At Large | $742 |
| Robin Hockaday | Vice President | $324 |
Compensation data as of: 12/31/2025
Response from ministry
No response has been provided by this ministry.
The information below was provided to MinistryWatch by the ministry itself. It was last updated 8/27/2026. To update the information below, please email: [email protected]
History
First Baptist Christian Academy began in August 2008 as a small preschool serving just 13 students. As those students grew, so did the Academy-adding grade levels and expanding to meet the needs of families seeking a Christ-centered education. In 2015, FBCA relocated to the renovated Historic Flagler County Courthouse, and continued to grow across multiple campuses. In 2023, the Academy completed its campus consolidation, bringing students from infants through 12th grade together on one 23-acre campus. Today, FBCA serves more than 600 students and remains committed to academic excellence, spiritual growth, and preparing students for the future.