AI Transparency Report
Cumberland Christian School Inc. demonstrates a consistent operational history with revenues generally exceeding or closely matching expenses over the past decade, indicating a stable financial footing. For instance, in 202206, revenue was $1,676,682 against expenses of $1,560,044, showing a surplus. However, the most recent filing (202306) shows expenses of $1,806,859 exceeding revenue of $1,637,154, resulting in a deficit for that period. This recent trend warrants monitoring to ensure long-term sustainability.
The organization's transparency is bolstered by its consistent filing of IRS Form 990s, with 13 filings available, providing a clear historical financial record. A notable aspect of its financial management is the reported 0% officer compensation across all available filings, which suggests a strong commitment to directing funds towards its mission rather than executive salaries. This practice significantly enhances its spending efficiency and public trust.
While the detailed breakdown of program, administrative, and fundraising expenses is not explicitly provided in the summary data, the absence of officer compensation is a strong indicator of efficient resource allocation. The organization's assets have fluctuated but remained relatively stable, with $1,433,441 currently, providing a reasonable buffer. The recent deficit in 202306, however, highlights a need for careful financial planning to avoid a sustained negative trend.