Christ The King Christian Academy
EIN: 561975825 · New London, NC · NTEE: B24Z
| Metric | Value |
|---|---|
| Total Revenue | $393K |
| Total Expenses | $325K |
| Net Assets | $241K |
Is Christ The King Christian Academy Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Christ The King Christian Academy
Christ The King Christian Academy (EIN: 561975825) is a nonprofit organization based in New London, NC, classified under NTEE code B24Z. The organization reported total revenue of $393K and total assets of $662K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Christ The King Christian Academy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Christ The King Christian Academy is a small nonprofit that has been operating for 30 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 4.8%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $301K |
| Total Expenses | $325K |
| Surplus / Deficit | $-24,261 |
| Total Assets | $593K |
| Total Liabilities | $352K |
| Net Assets | $241K |
| Operating Margin | -8.1% |
| Debt-to-Asset Ratio | 59.4% |
| Months of Reserves | 21.9 months |
Financial Health Grade: C
In 2024, Christ The King Christian Academy reported a deficit of $24K with expenses exceeding revenue, holds 21.9 months of operating reserves (strong position), has a debt-to-asset ratio of 59.4% (high leverage).
Financial Trends
Over 14 years of filings (2011–2024), Christ The King Christian Academy's revenue has grown at a compound annual growth rate (CAGR) of 4.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -15.3% | +2.3% | -3.9% |
| 2023 | -7.5% | -2.3% | +3.3% |
| 2022 | +8.7% | +32.4% | +6.2% |
| 2021 | +76.4% | +26.0% | +20.5% |
| 2020 | -8.4% | +3.1% | +1.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1996 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Christ The King Christian Academy 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 Christ The King Christian Academy 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 $24K, with expenses exceeding revenue.
- Debt-to-asset ratio: 59.4%.
Frequently Asked Questions about Christ The King Christian Academy
Is Christ The King Christian Academy a legitimate charity?
Based on AI analysis of IRS 990 filings, Christ The King Christian Academy (EIN: 561975825) insufficient data. 0 red flags identified, 0 strengths noted.
How does Christ The King Christian Academy spend its money?
Detailed spending breakdown data is not yet available for Christ The King Christian Academy. Check back for updated IRS 990 analysis.
Are donations to Christ The King Christian Academy tax-deductible?
Christ The King Christian Academy is registered as a tax-exempt nonprofit (EIN: 561975825). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Christ The King Christian Academy located?
Christ The King Christian Academy is headquartered in New London, North Carolina and files with the IRS under EIN 561975825. It is classified under NTEE code B24Z.
How many years of IRS 990 filings does Christ The King Christian Academy have?
Christ The King Christian Academy has 14 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 $393K in total revenue.
Filing History
IRS 990 filing history for Christ The King Christian Academy showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Christ The King Christian Academy's revenue has grown by 84.4%, moving from $163K to $301K. Total assets increased by 32.2% over the same period, from $449K to $593K. Total functional expenses rose by 104.2%, from $159K to $325K. In its most recent filing year (2024), Christ The King Christian Academy reported a deficit of $24K, with expenses exceeding revenue. The organization holds $352K in liabilities against $593K in assets (debt-to-asset ratio: 59.4%), resulting in net assets of $241K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $301K | $325K | $593K | $352K | — | — |
| 2023 | $355K | $317K | $618K | $352K | — | View 990 |
| 2022 | $384K | $325K | $598K | $370K | — | View 990 |
| 2021 | $353K | $245K | $563K | $394K | — | — |
| 2020 | $200K | $195K | $468K | $406K | — | View 990 |
| 2019 | $218K | $189K | $462K | $406K | — | View 990 |
| 2018 | $155K | $189K | $433K | $406K | — | View 990 |
| 2017 | $220K | $205K | $473K | $413K | — | View 990 |
| 2016 | $168K | $205K | $277K | $408K | — | — |
| 2015 | $199K | $189K | $313K | $407K | — | View 990 |
| 2014 | $200K | $194K | $601K | $705K | — | View 990 |
| 2013 | $157K | $163K | $441K | $552K | — | View 990 |
| 2012 | $146K | $147K | $453K | $558K | — | View 990 |
| 2011 | $163K | $159K | $449K | $553K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $301K, expenses of $325K, and assets of $593K (revenue -15.3% year-over-year).
- 2023: Revenue of $355K, expenses of $317K, and assets of $618K (revenue -7.5% year-over-year).
- 2022: Revenue of $384K, expenses of $325K, and assets of $598K (revenue +8.7% year-over-year).
- 2021: Revenue of $353K, expenses of $245K, and assets of $563K (revenue +76.4% year-over-year).
- 2020: Revenue of $200K, expenses of $195K, and assets of $468K (revenue -8.4% year-over-year).
- 2019: Revenue of $218K, expenses of $189K, and assets of $462K (revenue +40.7% year-over-year).
- 2018: Revenue of $155K, expenses of $189K, and assets of $433K (revenue -29.5% year-over-year).
- 2017: Revenue of $220K, expenses of $205K, and assets of $473K (revenue +31.0% year-over-year).
- 2016: Revenue of $168K, expenses of $205K, and assets of $277K (revenue -15.5% year-over-year).
- 2015: Revenue of $199K, expenses of $189K, and assets of $313K (revenue -0.4% year-over-year).
- 2014: Revenue of $200K, expenses of $194K, and assets of $601K (revenue +27.0% year-over-year).
- 2013: Revenue of $157K, expenses of $163K, and assets of $441K (revenue +7.8% year-over-year).
- 2012: Revenue of $146K, expenses of $147K, and assets of $453K (revenue -10.4% year-over-year).
- 2011: Revenue of $163K, expenses of $159K, and assets of $449K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Christ The King Christian Academy:
Data Sources and Methodology
This transparency report for Christ The King Christian Academy 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.