Is Seaside Christian Academy Inc Legit?

Seaside Christian Academy Inc demonstrates consistent growth in revenue and assets over the past decade, indicating a stable and expanding operation. For instance, revenue grew from $180,102 in 2015 to $1,263,072 in 2024, and assets increased from $11,903 to $311,227 in the same period. The organization consistently spends a high proportion of its expenses on program services, as evidenced by the close alignment of total expenses with revenue, suggesting efficient use of funds towards its mission. The consistent reporting of 0% officer compensation across all filings indicates a commitment to directing resources towards the organization's mission rather than executive salaries, which is a strong positive for transparency and financial health. However, the organization's asset base, while growing, remains relatively modest compared to its annual revenue. For example, in 2024, assets were $311,227 against revenues of $1,263,072. This suggests that the organization operates with a lean reserve or that a significant portion of its assets are non-liquid or directly tied to program delivery. The consistent low liabilities across all periods, such as $10,281 in 2024, indicates good financial management and a low debt burden, contributing to overall financial stability. The NTEE code B20 (Elementary & Secondary Education) aligns with the organization's name, suggesting a clear mission focus.