Is Coastal Christian School Inc Legit?

Coastal Christian School Inc demonstrates consistent financial operations with annual revenues hovering around $300,000-$330,000 in recent years, peaking at $489,206 in 2014. The organization consistently maintains a positive net asset position, growing from $188,399 in 2013 to $823,229 in 2022, indicating sound financial management and accumulation of resources. Their liabilities have remained relatively low, with the highest reported at $52,752 in 2020, suggesting a healthy balance sheet and minimal debt burden. Spending efficiency appears reasonable, with expenses generally below or close to revenue, allowing for asset growth. For instance, in 2022, revenues were $324,201 against expenses of $306,328, resulting in a surplus. A notable strength is the consistent reporting of 0% officer compensation across all available filings, which suggests that leadership is either volunteer-based or compensated through other means not classified as officer compensation, contributing to lower administrative overhead. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging. In terms of transparency, the organization has a robust filing history with 12 IRS 990 filings, indicating compliance with reporting requirements. The consistent reporting of zero officer compensation is a positive transparency indicator. However, the lack of NTEE code information and detailed expense breakdowns in the provided data limits a deeper analysis of their programmatic focus and operational efficiency. Further details on their program activities and how expenses are allocated would enhance their financial transparency.