Is Christian Leadership Academy Legit?

Christian Leadership Academy demonstrates a generally stable financial position, with assets consistently exceeding liabilities over the past decade. While revenue has fluctuated, it has largely kept pace with or exceeded expenses in most years, indicating sound financial management. For instance, in 202206, revenue was $2,329,442 against expenses of $1,873,381, leading to a surplus. However, the most recent filing (202306) shows expenses ($2,102,127) slightly exceeding revenue ($1,953,363), resulting in a deficit for that period. The organization's spending efficiency appears strong, as indicated by 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. The NTEE code B25 (Elementary & Secondary Education) aligns with the organization's name, suggesting a clear program focus. Without detailed expense breakdowns, it's challenging to fully assess program spending ratios, but the lack of officer compensation is a positive indicator. Transparency is high regarding executive compensation, with no reported officer compensation. The consistent filing of IRS Form 990s over 13 periods also demonstrates a commitment to public disclosure. The growth in assets from $1,672,877 in 201406 to $4,555,947 in 202306, despite some yearly variations, suggests prudent asset management and financial growth over the long term.