Carter Christian Academy Inc
EIN: 311527848 · Grayson, KY · NTEE: B24
| Metric | Value |
|---|---|
| Total Revenue | $460K |
| Total Expenses | $536K |
| Net Assets | $624K |
Is Carter 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 Carter Christian Academy Inc
Carter Christian Academy Inc (EIN: 311527848) is a nonprofit organization based in Grayson, KY, classified under NTEE code B24. The organization reported total revenue of $460K and total assets of $585K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Carter Christian Academy Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Carter Christian Academy Inc is a small nonprofit that has been operating for 13 years, with 12 years of IRS 990 filings on record (2013–2024). Revenue has grown at a compound annual rate of 5.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $448K |
| Total Expenses | $536K |
| Surplus / Deficit | $-88,450 |
| Total Assets | $624K |
| Net Assets | $624K |
| Operating Margin | -19.8% |
| Months of Reserves | 14.0 months |
Financial Health Grade: B
In 2024, Carter Christian Academy Inc reported a deficit of $88K with expenses exceeding revenue, holds 14.0 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2013–2024), Carter Christian Academy Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +228.7% | -0.7% | -12.4% |
| 2023 | -82.3% | -17.1% | -8.1% |
| 2022 | +108.3% | +89.2% | +17.6% |
| 2021 | -35.2% | -21.8% | +3.8% |
| 2020 | +2.4% | +2.0% | -18.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Carter 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 Carter 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $88K, with expenses exceeding revenue.
Frequently Asked Questions about Carter Christian Academy Inc
Is Carter Christian Academy Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Carter Christian Academy Inc (EIN: 311527848) insufficient data. 0 red flags identified, 0 strengths noted.
How does Carter Christian Academy Inc spend its money?
Detailed spending breakdown data is not yet available for Carter Christian Academy Inc. Check back for updated IRS 990 analysis.
Are donations to Carter Christian Academy Inc tax-deductible?
Carter Christian Academy Inc is registered as a tax-exempt nonprofit (EIN: 311527848). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Carter Christian Academy Inc located?
Carter Christian Academy Inc is headquartered in Grayson, Kentucky and files with the IRS under EIN 311527848. It is classified under NTEE code B24.
How many years of IRS 990 filings does Carter Christian Academy Inc have?
Carter Christian Academy Inc has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $460K in total revenue.
Filing History
IRS 990 filing history for Carter Christian Academy Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2013–2024), Carter Christian Academy Inc's revenue has grown by 71.6%, moving from $261K to $448K. Total assets increased by 320.5% over the same period, from $149K to $624K. Total functional expenses rose by 206.2%, from $175K to $536K. In its most recent filing year (2024), Carter Christian Academy Inc reported a deficit of $88K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $448K | $536K | $624K | $0 | — | — |
| 2023 | $136K | $540K | $713K | $0 | — | View 990 |
| 2022 | $768K | $652K | $776K | $0 | — | View 990 |
| 2021 | $369K | $344K | $660K | $0 | — | — |
| 2020 | $569K | $440K | $636K | $0 | — | View 990 |
| 2019 | $556K | $432K | $778K | $0 | — | View 990 |
| 2018 | $366K | $265K | $858K | $0 | — | — |
| 2017 | $570K | $281K | $766K | $0 | — | View 990 |
| 2016 | $627K | $345K | $489K | $0 | — | View 990 |
| 2015 | $324K | $229K | $369K | $0 | — | View 990 |
| 2014 | $498K | $266K | $380K | $0 | — | View 990 |
| 2013 | $261K | $175K | $149K | $0 | — | — |
Year-by-Year Financial Summary
- 2024: Revenue of $448K, expenses of $536K, and assets of $624K (revenue +228.7% year-over-year).
- 2023: Revenue of $136K, expenses of $540K, and assets of $713K (revenue -82.3% year-over-year).
- 2022: Revenue of $768K, expenses of $652K, and assets of $776K (revenue +108.3% year-over-year).
- 2021: Revenue of $369K, expenses of $344K, and assets of $660K (revenue -35.2% year-over-year).
- 2020: Revenue of $569K, expenses of $440K, and assets of $636K (revenue +2.4% year-over-year).
- 2019: Revenue of $556K, expenses of $432K, and assets of $778K (revenue +51.7% year-over-year).
- 2018: Revenue of $366K, expenses of $265K, and assets of $858K (revenue -35.8% year-over-year).
- 2017: Revenue of $570K, expenses of $281K, and assets of $766K (revenue -9.0% year-over-year).
- 2016: Revenue of $627K, expenses of $345K, and assets of $489K (revenue +93.3% year-over-year).
- 2015: Revenue of $324K, expenses of $229K, and assets of $369K (revenue -34.9% year-over-year).
- 2014: Revenue of $498K, expenses of $266K, and assets of $380K (revenue +91.1% year-over-year).
- 2013: Revenue of $261K, expenses of $175K, and assets of $149K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Carter Christian Academy Inc:
Data Sources and Methodology
This transparency report for Carter 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.