Bal Perazim Christian Academy Inc
EIN: 260820354 · Fayetteville, NC · NTEE: B25
Is Bal Perazim Christian Academy Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Bal Perazim Christian Academy Inc
Bal Perazim Christian Academy Inc (EIN: 260820354) is a nonprofit organization based in Fayetteville, NC, classified under NTEE code B25. The organization reported total revenue of $582K and total assets of $481K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bal Perazim Christian Academy Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bal Perazim Christian Academy Inc is a small nonprofit that has been operating for 5 years, with 5 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 17.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $508K |
| Total Expenses | $428K |
| Surplus / Deficit | +$79K |
| Total Assets | $387K |
| Total Liabilities | $133K |
| Net Assets | $254K |
| Operating Margin | 15.6% |
| Debt-to-Asset Ratio | 34.3% |
| Months of Reserves | 10.8 months |
Financial Health Grade: A
In 2023, Bal Perazim Christian Academy Inc reported a surplus of $79K with revenue exceeding expenses, holds 10.8 months of operating reserves (strong position), has a debt-to-asset ratio of 34.3% (moderate leverage).
Financial Trends
Over 5 years of filings (2015–2023), Bal Perazim Christian Academy Inc's revenue has grown at a compound annual growth rate (CAGR) of 17.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +47.0% | +25.3% | +19.8% |
| 2022 | +25.0% | +27.5% | +6.4% |
| 2021 | +19.8% | +21.7% | +25.0% |
| 2020 | +62.2% | +61.0% | +131.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Bal Perazim Christian Academy Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Bal Perazim Christian Academy Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $79K, with revenue exceeding expenses.
- Debt-to-asset ratio: 34.3%.
Frequently Asked Questions about Bal Perazim Christian Academy Inc
Is Bal Perazim Christian Academy Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Bal Perazim Christian Academy Inc (EIN: 260820354) insufficient data. 0 red flags identified, 0 strengths noted.
How does Bal Perazim Christian Academy Inc spend its money?
Detailed spending breakdown data is not yet available for Bal Perazim Christian Academy Inc. Check back for updated IRS 990 analysis.
Are donations to Bal Perazim Christian Academy Inc tax-deductible?
Bal Perazim Christian Academy Inc is registered as a tax-exempt nonprofit (EIN: 260820354). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Bal Perazim Christian Academy Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2015–2023), Bal Perazim Christian Academy Inc's revenue has grown by 256.9%, moving from $142K to $508K. Total assets increased by 269.5% over the same period, from $105K to $387K. Total functional expenses rose by 213.1%, from $137K to $428K. In its most recent filing year (2023), Bal Perazim Christian Academy Inc reported a surplus of $79K, with revenue exceeding expenses. The organization holds $133K in liabilities against $387K in assets (debt-to-asset ratio: 34.3%), resulting in net assets of $254K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $508K | $428K | $387K | $133K | — | — |
| 2022 | $345K | $342K | $323K | $152K | — | View 990 |
| 2021 | $276K | $268K | $304K | $136K | — | View 990 |
| 2020 | $231K | $220K | $243K | $23K | — | View 990 |
| 2015 | $142K | $137K | $105K | $33K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $508K, expenses of $428K, and assets of $387K (revenue +47.0% year-over-year).
- 2022: Revenue of $345K, expenses of $342K, and assets of $323K (revenue +25.0% year-over-year).
- 2021: Revenue of $276K, expenses of $268K, and assets of $304K (revenue +19.8% year-over-year).
- 2020: Revenue of $231K, expenses of $220K, and assets of $243K (revenue +62.2% year-over-year).
- 2015: Revenue of $142K, expenses of $137K, and assets of $105K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bal Perazim Christian Academy Inc:
Data Sources and Methodology
This transparency report for Bal Perazim Christian Academy Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.