Liberty Christian Academy 
The information on this page was last updated 4/15/2026. If you see errors or omissions, please email: [email protected]
Summary
Contact information
Mailing address:
Liberty Christian Academy
3701 Candlers Mountain Road
Lynchburg, VA 24502
Website: www.lcabulldogs.com
Phone: (434) 832-2000
Email: [email protected]
Organization details
EIN: 540831546
CEO/President: Jeffrey Capps
Chairman: Greg Dowell
Board size: 8
Founder: Thomas Road Baptist Church
Ruling year: 1967
Tax deductible: Yes
Fiscal year end: 06/30
Member of ECFA: No
Member of ECFA since:
Purpose
Liberty Christian Academy seeks to lead students to faith in Jesus Christ and to develop young men and women who adhere to a Christian worldview, prepared to participate as Godly members of home, church, and society.
Mission statement
Liberty Christian Academy exists to support parents and guardians in their biblical responsibility to nurture and train their children. Thus, LCA provides opportunities which allow students to realize their God-given potential and to live lives that glorify God in the spiritual, academic, social, physical and vocational realms.
Statement of faith
Donor confidence score
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Transparency grade
D
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Financial efficiency ratings
Sector: K-12 Schools/Academies
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 589 of 1435 | 70 of 191 |
| Fund acquisition rating | | 1129 of 1435 | 158 of 191 |
| Resource allocation rating | | 313 of 1435 | 40 of 191 |
| Asset utilization rating | | 515 of 1436 | 63 of 191 |
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 | 11% | 60% | 65% | 33% | 26% | 15% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 2% | 2% | 2% | 1% | 1% | 0% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 13% | 4% | 3% | 4% | 4% | 3% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 2% | 3% | 2% | 1% | 1% | 1% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 87% | 96% | 97% | 96% | 96% | 97% |
| Operating ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Program expense ratio Program expense ratio = Program services / Total expenses | 83% | 89% | 89% | 90% | 90% | 89% |
Spending ratio Spending ratio = Total expenses / Total revenue | 93% | 87% | 89% | 90% | 84% | 85% |
Program output ratio Program output ratio = Program services / Total revenue | 76% | 77% | 79% | 82% | 76% | 76% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 7% | 13% | 11% | 10% | 16% | 15% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 6% | 13% | 11% | 10% | 18% | 17% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 14% | 8% | 8% | 8% | 9% | 10% |
| Investing ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.54 | 0.77 | 0.82 | 0.85 | 0.88 | 0.77 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 2.99 | 1.11 | 1.12 | 1.55 | 1.61 | 1.36 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.80 | 0.85 | 0.91 | 1.33 | 1.43 | 1.05 |
| Liquidity ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Current ratio Current ratio = Total current assets / Total current liabilities | 2.80 | 12.10 | 10.44 | 6.99 | 6.70 | 3.35 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.35 | 0.08 | 0.10 | 0.14 | 0.15 | 0.30 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 3.98 | 12.98 | 11.89 | 7.74 | 7.15 | 8.04 |
| Solvency ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 29% | 8% | 9% | 10% | 9% | 22% |
Debt ratio Debt ratio = Debt / Total assets | 10% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 117% | 121% | 112% | 106% | 103% | 102% |
Financials
| Balance sheet | |||||
| Assets | 2025 | 2024 | 2023 | 2022 | 2021 |
| Cash | $8,033,558 | $6,971,430 | $5,901,738 | $6,236,639 | $4,771,165 |
| Receivables, inventories, prepaids | $396,538 | $406,952 | $466,465 | $437,631 | $2,563,275 |
| Short-term investments | $11,318,709 | $10,146,656 | $4,846,839 | $2,759,592 | $4,088,811 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $19,748,805 | $17,525,038 | $11,215,042 | $9,433,862 | $11,423,251 |
| Long-term investments | $0 | $0 | $4,326,331 | $3,997,455 | $2,442,082 |
| Fixed assets | $2,115,673 | $2,060,574 | $1,882,456 | $1,761,612 | $1,694,474 |
| Other long-term assets | $0 | $0 | $0 | $37,610 | $18,255 |
| Total long-term assets | $2,115,673 | $2,060,574 | $6,208,787 | $5,796,677 | $4,154,811 |
| Total assets | $21,864,478 | $19,585,612 | $17,423,829 | $15,230,539 | $15,578,062 |
| Liabilities | 2025 | 2024 | 2023 | 2022 | 2021 |
| Payables and accrued expenses | $439,571 | $507,041 | $497,089 | $374,586 | $322,218 |
| Other current liabilities | $1,192,666 | $1,171,023 | $1,108,124 | $1,032,557 | $3,087,595 |
| Total current liabilities | $1,632,237 | $1,678,064 | $1,605,213 | $1,407,143 | $3,409,813 |
| Debt | $0 | $0 | $0 | $0 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $9,981 | $33,557 | $56,610 | $0 | $0 |
| Total long-term liabilities | $9,981 | $33,557 | $56,610 | $0 | $0 |
| Total liabilities | $1,642,218 | $1,711,621 | $1,661,823 | $1,407,143 | $3,409,813 |
| Net assets | 2025 | 2024 | 2023 | 2022 | 2021 |
| Without donor restrictions | $19,711,733 | $17,449,162 | $15,350,996 | $13,515,040 | $11,923,373 |
| With donor restrictions | $510,527 | $424,829 | $411,010 | $308,356 | $244,876 |
| Net assets | $20,222,260 | $17,873,991 | $15,762,006 | $13,823,396 | $12,168,249 |
| Revenues and expenses | |||||
| Revenue | 2025 | 2024 | 2023 | 2022 | 2021 |
| Total contributions | $711,861 | $601,129 | $654,331 | $683,445 | $412,455 |
| Program service revenue | $16,677,087 | $15,960,272 | $15,485,278 | $14,918,622 | $13,231,806 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $1,748,501 | $1,268,239 | $237,846 | $96,664 | $21,747 |
| Other revenue | $222,931 | $169,316 | $132,179 | $273,043 | $352,909 |
| Total other revenue | $18,648,519 | $17,397,827 | $15,855,303 | $15,288,329 | $13,606,462 |
| Total revenue | $19,360,380 | $17,998,956 | $16,509,634 | $15,971,774 | $14,018,917 |
| Expenses | 2025 | 2024 | 2023 | 2022 | 2021 |
| Program services | $14,904,173 | $14,285,872 | $13,473,018 | $12,075,520 | $10,691,557 |
| Management and general | $1,420,582 | $1,316,470 | $1,201,772 | $1,221,015 | $1,205,719 |
| Fundraising | $426,686 | $388,536 | $217,359 | $178,057 | $63,136 |
| Total expenses | $16,751,441 | $15,990,878 | $14,892,149 | $13,474,592 | $11,960,412 |
| Change in net assets | 2025 | 2024 | 2023 | 2022 | 2021 |
| Surplus (deficit) | $2,608,939 | $2,008,078 | $1,617,485 | $2,497,182 | $2,058,505 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $2,608,939 | $2,008,078 | $1,617,485 | $2,497,182 | $2,058,505 |
Compensation
| Name | Title | Compensation |
| Rev Jonathan Falwell | Director | $554,655 |
| Mrs Cindy Gaebe | Director & Treasurer | $432,539 |
| Dr Lawrence Hine | Director | $349,275 |
| Dr Deanna Keith | Director | $329,986 |
| Mr Darryll Dowell | Director, Chairman | $235,115 |
| Mr Jeffrey Capps | Head of Schools | $166,643 |
| Mr Jeffrey Alder | Director & Secretary | $118,076 |
| Mrs Bernette Beckles | Director | $38,454 |
Compensation data as of: 6/30/2025
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 4/15/2026. To update the information below, please email: [email protected]
History
Established in 1967 as Lynchburg Christian Academy, the school developed as a ministry of Thomas Road Baptist Church to provide Christian education to children in central Virginia. The Academy, founded by Dr. Jerry Falwell, became a fully accredited institution, standing as a viable educational choice for parents who desired to have their children taught a Christian worldview from a Bible-based curriculum.
LCA was originally accredited by the Southern Association of Colleges and Schools (SACS) and the Association of Christian Schools International (ACSI) in 1995. Currently recognized as an accredited institution by the Commonwealth of Virginia, regionally accredited by Cognia (formerly SACS/AdvancEd), and accredited by ACSI, LCA has an acknowledged history of academic excellence.
Lynchburg Christian Academy was housed at the original Thomas Road Baptist Church location for 38 years. Upon completion of a new campus, the school moved in August 2005 to its present site adjacent to Liberty University. With the move, the school name was changed to Liberty Christian Academy to support Dr. Falwell's dream that envisioned a total educational program under the Liberty banner for students from pre-school through a graduate university.