AI Transparency Report
First Christian Academy & Learningcenter Inc demonstrates consistent growth in revenue and assets over the past decade, indicating a stable financial trajectory. In the latest filing period (202407), the organization reported revenues of $3,379,554 against expenses of $3,020,136, resulting in a surplus. This suggests effective management of resources. The organization's assets have also grown significantly, from $277,479 in 2015 to $1,763,531 in 2024, reflecting increasing capacity and financial strength.
The organization appears to be efficient in its spending, with expenses generally tracking below revenue, allowing for asset accumulation. A notable aspect of its financial health is the consistent reporting of 0% officer compensation across all available filings, which is a strong indicator of volunteer leadership or very modest compensation not reported in this category, enhancing its transparency and public trust. The NTEE code B240 (Elementary & Secondary Schools) aligns with its name, suggesting a clear program focus.
While the filings show a healthy financial position and growth, a more detailed breakdown of program, administrative, and fundraising expenses would further enhance transparency. However, the absence of reported officer compensation is a significant positive for a nonprofit of this size, suggesting a strong commitment to directing funds towards its mission.