Central Holmes Christian School
EIN: 640435781 · Lexington, MS · NTEE: B20
Is Central Holmes Christian School Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Central Holmes Christian School
Central Holmes Christian School (EIN: 640435781) is a nonprofit organization based in Lexington, MS, classified under NTEE code B20. The organization reported total revenue of $1.3M and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Central Holmes Christian School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Central Holmes Christian School is a mid-size nonprofit that has been operating for 26 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 2.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6M |
| Total Expenses | $1.6M |
| Surplus / Deficit | $-39,561 |
| Total Assets | $1.4M |
| Total Liabilities | $195K |
| Net Assets | $1.2M |
| Operating Margin | -2.5% |
| Debt-to-Asset Ratio | 14.2% |
| Months of Reserves | 10.1 months |
Financial Health Grade: B
In 2024, Central Holmes Christian School reported a deficit of $40K with expenses exceeding revenue, holds 10.1 months of operating reserves (strong position), has a debt-to-asset ratio of 14.2% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Central Holmes Christian School's revenue has grown at a compound annual growth rate (CAGR) of 2.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -10.1% | +8.7% | -7.1% |
| 2023 | +31.2% | +5.0% | +21.5% |
| 2022 | -36.0% | +0.5% | -2.8% |
| 2021 | +77.6% | +4.0% | +46.5% |
| 2020 | -4.9% | +4.2% | +9.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Central Holmes Christian School 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 Central Holmes Christian School 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 $40K, with expenses exceeding revenue.
- Debt-to-asset ratio: 14.2%.
Frequently Asked Questions about Central Holmes Christian School
Is Central Holmes Christian School a legitimate charity?
Based on AI analysis of IRS 990 filings, Central Holmes Christian School (EIN: 640435781) insufficient data. 0 red flags identified, 0 strengths noted.
How does Central Holmes Christian School spend its money?
Detailed spending breakdown data is not yet available for Central Holmes Christian School. Check back for updated IRS 990 analysis.
Are donations to Central Holmes Christian School tax-deductible?
Central Holmes Christian School is registered as a tax-exempt nonprofit (EIN: 640435781). 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 Central Holmes Christian School showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Central Holmes Christian School's revenue has grown by 34.2%, moving from $1.2M to $1.6M. Total assets increased by 97.2% over the same period, from $694K to $1.4M. Total functional expenses rose by 48.9%, from $1.1M to $1.6M. In its most recent filing year (2024), Central Holmes Christian School reported a deficit of $40K, with expenses exceeding revenue. The organization holds $195K in liabilities against $1.4M in assets (debt-to-asset ratio: 14.2%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $1.6M | $1.6M | $1.4M | $195K | — | — |
| 2023 | $1.8M | $1.5M | $1.5M | $260K | — | View 990 |
| 2022 | $1.3M | $1.4M | $1.2M | $268K | — | View 990 |
| 2021 | $2.1M | $1.4M | $1.2M | $224K | — | — |
| 2020 | $1.2M | $1.4M | $852K | $510K | — | View 990 |
| 2019 | $1.2M | $1.3M | $780K | $241K | — | View 990 |
| 2018 | $1.2M | $1.2M | $834K | $231K | — | View 990 |
| 2017 | $1.4M | $1.3M | $774K | $240K | — | View 990 |
| 2016 | $1.4M | $1.4M | $568K | $127K | — | View 990 |
| 2015 | $1.2M | $1.1M | $587K | $133K | — | View 990 |
| 2014 | $1.3M | $1.1M | $490K | $95K | — | View 990 |
| 2013 | $1.0M | $1.2M | $393K | $134K | — | View 990 |
| 2012 | $1.1M | $1.2M | $575K | $117K | — | View 990 |
| 2011 | $1.2M | $1.1M | $694K | $135K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.6M, expenses of $1.6M, and assets of $1.4M (revenue -10.1% year-over-year).
- 2023: Revenue of $1.8M, expenses of $1.5M, and assets of $1.5M (revenue +31.2% year-over-year).
- 2022: Revenue of $1.3M, expenses of $1.4M, and assets of $1.2M (revenue -36.0% year-over-year).
- 2021: Revenue of $2.1M, expenses of $1.4M, and assets of $1.2M (revenue +77.6% year-over-year).
- 2020: Revenue of $1.2M, expenses of $1.4M, and assets of $852K (revenue -4.9% year-over-year).
- 2019: Revenue of $1.2M, expenses of $1.3M, and assets of $780K (revenue +1.0% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.2M, and assets of $834K (revenue -11.0% year-over-year).
- 2017: Revenue of $1.4M, expenses of $1.3M, and assets of $774K (revenue +0.3% year-over-year).
- 2016: Revenue of $1.4M, expenses of $1.4M, and assets of $568K (revenue +13.8% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.1M, and assets of $587K (revenue -6.0% year-over-year).
- 2014: Revenue of $1.3M, expenses of $1.1M, and assets of $490K (revenue +24.4% year-over-year).
- 2013: Revenue of $1.0M, expenses of $1.2M, and assets of $393K (revenue -2.6% year-over-year).
- 2012: Revenue of $1.1M, expenses of $1.2M, and assets of $575K (revenue -10.0% year-over-year).
- 2011: Revenue of $1.2M, expenses of $1.1M, and assets of $694K.
Data Sources and Methodology
This transparency report for Central Holmes Christian School 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.