Lincoln Christian School 
The information on this page was last updated 5/29/2026. If you see errors or omissions, please email: [email protected]
Summary
Lincoln Christian School is an independent PK-12 Christian school that has provided quality Christian education to Lincoln and the surrounding communities since 1951. With over 900 students, the school is fully accredited by Cognia (formerly AdvancED) and is a member of the Association of Christian Schools International (ACSI).
Contact information
Mailing address:
Lincoln Christian School
5801 S 84th St
Lincoln, NE 68516
Website: lincolnchristian.org
Phone: (402) 488-8888
Email: [email protected]
Organization details
EIN: 470460903
CEO/President: Matt Huseman
Chairman: Keith Miles
Board size: 9
Founder:
Ruling year: 1964
Tax deductible: Yes
Fiscal year end: 05/31
Member of ECFA: No
Member of ECFA since:
Purpose
Every student will experience a life-changing Christian education that intentionally builds the Truth of the Gospel into every aspect of intellectual, physical, social and spiritual life.
Mission statement
The mission of Lincoln Christian School is to teach the Truth, through learning about God's world in the light of God's Word.
Statement of faith
Articles
| 7/17/2026 | Family Life Ministries Earns Perfect Donor Confidence Score |
| 6/19/2026 | Life Action Ministries No Longer Files Form 990, Falls Into 'Exercise Caution' Category |
Donor confidence score
Show donor confidence score details
To understand our donor confidence score, click here.
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 | | 413 of 1420 | 81 of 183 |
| Fund acquisition rating | | 244 of 1420 | 57 of 183 |
| Resource allocation rating | | 550 of 1420 | 78 of 183 |
| Asset utilization rating | | 860 of 1421 | 130 of 183 |
According to the organization's Form 990, it received $476,625 in government grants in 2025.
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% | 8% | 13% | 3% | 3% | 8% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 2% | 2% | 2% | 1% | 1% | 2% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 13% | 26% | 15% | 41% | 41% | 27% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 2% | 2% | 2% | 2% | 2% | 2% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 87% | 74% | 85% | 59% | 59% | 73% |
| Operating ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Program expense ratio Program expense ratio = Program services / Total expenses | 83% | 84% | 93% | 93% | 92% | 92% |
Spending ratio Spending ratio = Total expenses / Total revenue | 93% | 101% | 85% | 58% | 57% | 86% |
Program output ratio Program output ratio = Program services / Total revenue | 75% | 85% | 79% | 53% | 53% | 79% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 7% | -1% | 15% | 42% | 43% | 14% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 7% | -1% | 7% | 27% | 32% | 10% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 14% | 14% | 5% | 5% | 5% | 6% |
| Investing ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.53 | 0.43 | 0.35 | 0.34 | 0.39 | 0.56 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 3.06 | 3.60 | 4.64 | 6.45 | 4.26 | 4.29 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.80 | 1.57 | 1.64 | 2.21 | 1.68 | 2.38 |
| Liquidity ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Current ratio Current ratio = Total current assets / Total current liabilities | 2.80 | 11.21 | 6.75 | 6.93 | 10.03 | 7.36 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.35 | 0.09 | 0.15 | 0.14 | 0.10 | 0.14 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 3.98 | 6.98 | 6.24 | 4.65 | 6.43 | 4.35 |
| Solvency ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 29% | 9% | 8% | 6% | 7% | 9% |
Debt ratio Debt ratio = Debt / Total assets | 10% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 118% | 210% | 262% | 274% | 236% | 164% |
Financials
| Balance sheet | |||||
| Assets | 2025 | 2024 | 2023 | 2022 | 2021 |
| Cash | $5,512,781 | $4,192,369 | $2,798,251 | $2,790,561 | $1,839,684 |
| Receivables, inventories, prepaids | $112,667 | $148,452 | $71,760 | $405,428 | $378,297 |
| Short-term investments | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $5,625,448 | $4,340,821 | $2,870,011 | $3,195,989 | $2,217,981 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $13,701,557 | $14,049,694 | $13,653,684 | $9,541,703 | $6,771,630 |
| Other long-term assets | $950,000 | $1,750,000 | $2,000,000 | $875,000 | $525,000 |
| Total long-term assets | $14,651,557 | $15,799,694 | $15,653,684 | $10,416,703 | $7,296,630 |
| Total assets | $20,277,005 | $20,140,515 | $18,523,695 | $13,612,692 | $9,514,611 |
| Liabilities | 2025 | 2024 | 2023 | 2022 | 2021 |
| Payables and accrued expenses | $132,802 | $291,539 | $2,140 | $26,177 | $19,044 |
| Other current liabilities | $369,214 | $351,718 | $411,744 | $292,545 | $282,111 |
| Total current liabilities | $502,016 | $643,257 | $413,884 | $318,722 | $301,155 |
| Debt | $0 | $0 | $0 | $0 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $1,283,941 | $893,612 | $765,193 | $618,739 | $554,674 |
| Total long-term liabilities | $1,283,941 | $893,612 | $765,193 | $618,739 | $554,674 |
| Total liabilities | $1,785,957 | $1,536,869 | $1,179,077 | $937,461 | $855,829 |
| Net assets | 2025 | 2024 | 2023 | 2022 | 2021 |
| Without donor restrictions | $18,491,048 | $18,603,646 | $17,344,618 | $9,848,042 | $8,658,782 |
| With donor restrictions | $0 | $0 | $0 | $2,827,189 | $0 |
| Net assets | $18,491,048 | $18,603,646 | $17,344,618 | $12,675,231 | $8,658,782 |
| Revenues and expenses | |||||
| Revenue | 2025 | 2024 | 2023 | 2022 | 2021 |
| Total contributions | $2,245,855 | $1,247,948 | $4,491,147 | $3,849,151 | $1,664,124 |
| Program service revenue | $6,228,717 | $6,919,997 | $6,481,999 | $5,526,950 | $4,499,550 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $213,125 | $172,932 | $9,905 | $2,180 | $2,714 |
| Other revenue | $8,400 | $26,400 | $24,100 | $8,400 | $7,700 |
| Total other revenue | $6,450,242 | $7,119,329 | $6,516,004 | $5,537,530 | $4,509,964 |
| Total revenue | $8,696,097 | $8,367,277 | $11,007,151 | $9,386,681 | $6,174,088 |
| Expenses | 2025 | 2024 | 2023 | 2022 | 2021 |
| Program services | $7,412,527 | $6,584,724 | $5,871,330 | $4,951,420 | $4,866,002 |
| Management and general | $1,210,133 | $360,731 | $324,327 | $291,713 | $291,618 |
| Fundraising | $186,035 | $162,794 | $142,107 | $127,099 | $128,014 |
| Total expenses | $8,808,695 | $7,108,249 | $6,337,764 | $5,370,232 | $5,285,634 |
| Change in net assets | 2025 | 2024 | 2023 | 2022 | 2021 |
| Surplus (deficit) | ($112,598) | $1,259,028 | $4,669,387 | $4,016,449 | $888,454 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | ($112,598) | $1,259,028 | $4,669,387 | $4,016,449 | $888,454 |
Compensation
| Name | Title | Compensation |
| Zachary Kassebaum | Superintendent | $179,778 |
| Crystal Fredrick | Treasurer | $57,862 |
Compensation data as of: 5/31/2025
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 5/29/2026. To update the information below, please email: [email protected]
History
When we opened our doors in 1951 we were a school with 13 students and 1 teacher. We had a lot to prove as the first Christian school in Lincoln, but we've seen God continue to be faithful to us as we've grown over the past 70 years.
Lincoln Christian is the largest independent Christian school in the state and has earned a reputation in Lincoln for offering an academically challenging education that's rooted in Biblical truth.
From the very beginning, our goal has been to encourage students to be good stewards of their hearts and minds as we instruct them in Biblical Truth - and we love seeing this happen in our school.
Now, Lincoln Christian has over 900 students and over 90 staff members. We're thankful to serve our community and invest in the hearts and minds of students each day.