Is Mount Carmel Christian School Legit?

Mount Carmel Christian School has experienced a significant decline in revenue and assets over the past several years, culminating in zero reported revenue and assets in its latest filing. This suggests the organization may no longer be operational or has undergone a substantial restructuring. Historically, the school operated with revenues consistently above $800,000, but expenses frequently exceeded revenue, leading to a gradual depletion of assets and an increase in liabilities in earlier periods. The lack of reported officer compensation across all available filings indicates either a volunteer-led executive team or that compensation was not reported in a way that is easily discernible from the provided data. The financial health of Mount Carmel Christian School appears to be severely compromised, given the latest reported figures of $0 revenue and assets. While historical data shows a consistent level of activity, the trend of expenses exceeding revenue in multiple years (e.g., 201507, 201407, 201307, 201207) points to unsustainable financial practices. The absence of detailed spending breakdowns in the provided data makes it difficult to assess spending efficiency beyond the overall revenue-expense relationship. The consistent reporting of $0 officer compensation, while potentially positive for donor perception, could also indicate a lack of transparency if executive functions were indeed compensated through other means not captured in this specific data point.