Is Bluegrass Christian Academy Inc Legit?

Bluegrass Christian Academy Inc. demonstrates a consistent operational history with revenues generally exceeding or closely matching expenses in recent years, indicating stable financial management. For instance, in the 202406 period, the organization reported revenue of $490,411 against expenses of $480,848, resulting in a surplus. While the organization's assets have grown steadily from $95,185 in 201506 to $253,253 in 202406, its liabilities have also seen an increase, reaching $108,725 in 202406. This growth in liabilities warrants monitoring to ensure it remains manageable relative to assets. The organization's spending efficiency appears to be strong, particularly given the consistent reporting of 0% officer compensation across all available filings. This suggests that resources are primarily directed towards the organization's mission rather than executive salaries. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is limited. The consistent filing of IRS Form 990s over 14 periods indicates a commitment to transparency regarding its financial operations. Overall, Bluegrass Christian Academy Inc. appears to be in a reasonably healthy financial position, marked by revenue growth and responsible management of executive compensation. Continued growth in assets, coupled with a close watch on the increasing liabilities, will be key to its long-term financial sustainability. Further transparency regarding the allocation of expenses would enhance the understanding of its operational efficiency.