Christian Academy Of Madison Inc

Christian Academy Of Madison Inc shows consistent revenue growth and asset accumulation with no reported officer compensation.

EIN: 205927709 · Madison, IN · NTEE: B24 · Updated: 2026-03-28

$1.4MRevenue

$472KAssets

88/100Mission Score (Excellent)

B24

About Christian Academy Of Madison Inc

Christian Academy Of Madison Inc (EIN: 205927709) is a nonprofit organization based in Madison, IN, classified under NTEE code B24. The organization reported total revenue of $1.4M and total assets of $472K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Christian Academy Of Madison Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Christian Academy Of Madison Inc has demonstrated a pattern of increasing revenue and assets over the past several years, indicating growth and improving financial health. In the 202312 period, revenue reached $1,105,846 against expenses of $966,502, resulting in a surplus that contributed to a significant increase in assets to $252,828. This positive trend is a marked improvement from earlier periods where expenses often exceeded revenue, such as in 201512 when expenses were $676,119 against revenue of $640,958.

The organization's spending efficiency appears to be strong, with a consistent focus on program delivery. The absence of reported officer compensation across all available filings suggests that leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which can contribute to lower administrative overhead. However, the liabilities in the 202312 period were $1,379, which is relatively low compared to assets, indicating good financial management. The organization's transparency is bolstered by its consistent filing of IRS Form 990s, providing a clear historical record of its financial activities.

Overall, Christian Academy Of Madison Inc appears to be a financially stable and growing organization. The consistent increase in assets and revenue, coupled with no reported officer compensation, suggests a lean operational model focused on its mission. The organization's financial health has significantly improved, moving from periods of deficit to consistent surpluses, allowing for asset accumulation.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Christian Academy Of Madison Inc with a Mission Score of 88 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, Christian Academy Of Madison Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, suggesting that executive leadership is either volunteer or compensated through non-officer roles, which contributes to lower administrative costs relative to its size and revenue.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Strengths

The following positive indicators were identified for Christian Academy Of Madison Inc:

Consistent revenue growth, from $622,327 in 201412 to $1,105,846 in 202312.
Significant asset accumulation, increasing from $53,179 in 201412 to $252,828 in 202312.
No reported officer compensation across all filings, indicating efficient use of funds.
Positive net income in recent years, contributing to asset growth.
Low liabilities relative to assets, demonstrating strong financial health.

Frequently Asked Questions about Christian Academy Of Madison Inc

Is Christian Academy Of Madison Inc financially stable?

Yes, the organization shows strong financial stability, with consistent revenue growth from $622,327 in 201412 to $1,105,846 in 202312, and a significant increase in assets from $53,179 to $252,828 over the same period.

How efficient is Christian Academy Of Madison Inc's spending?

Spending efficiency appears high, as evidenced by the consistent reporting of 0% officer compensation, which suggests a focus on directing funds towards programs rather than executive salaries.

What is the trend in the organization's assets?

The organization's assets have shown a strong upward trend, increasing from $53,179 in 201412 to $252,828 in 202312, indicating successful financial management and accumulation of resources.

Does Christian Academy Of Madison Inc have high liabilities?

No, liabilities are relatively low compared to assets. For example, in 202312, liabilities were $1,379 against assets of $252,828, indicating a healthy balance sheet.

Filing History

IRS 990 filing history for Christian Academy Of Madison Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Christian Academy Of Madison Inc's revenue has grown by 234.6%, moving from $330K to $1.1M. Total assets increased by 1375.2% over the same period, from $17K to $253K. Total functional expenses rose by 177.7%, from $348K to $967K. In its most recent filing year (2023), Christian Academy Of Madison Inc reported a surplus of $139K, with revenue exceeding expenses. The organization holds $1K in liabilities against $253K in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $251K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$1.1M	$967K	$253K	$1K	—	—
2022	$1.1M	$961K	$124K	$10K	—	View 990
2021	$788K	$808K	$44K	$27K	—	View 990
2020	$733K	$733K	$48K	$6K	—	—
2019	$808K	$736K	$48K	$6K	—	View 990
2018	$733K	$747K	$31K	$47K	—	View 990
2017	$699K	$704K	$55K	$57K	—	View 990
2016	$675K	$681K	$34K	$31K	—	View 990
2015	$641K	$676K	$33K	$20K	—	View 990
2014	$622K	$636K	$53K	$0	—	View 990
2013	$564K	$535K	$70K	$2K	—	View 990
2012	$485K	$456K	$47K	$4K	—	View 990
2011	$330K	$348K	$17K	$4K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $1.1M, expenses of $967K, and assets of $253K (revenue +4.4% year-over-year).
2022: Revenue of $1.1M, expenses of $961K, and assets of $124K (revenue +34.4% year-over-year).
2021: Revenue of $788K, expenses of $808K, and assets of $44K (revenue +7.5% year-over-year).
2020: Revenue of $733K, expenses of $733K, and assets of $48K (revenue -9.3% year-over-year).
2019: Revenue of $808K, expenses of $736K, and assets of $48K (revenue +10.3% year-over-year).
2018: Revenue of $733K, expenses of $747K, and assets of $31K (revenue +4.8% year-over-year).
2017: Revenue of $699K, expenses of $704K, and assets of $55K (revenue +3.7% year-over-year).
2016: Revenue of $675K, expenses of $681K, and assets of $34K (revenue +5.2% year-over-year).
2015: Revenue of $641K, expenses of $676K, and assets of $33K (revenue +3.0% year-over-year).
2014: Revenue of $622K, expenses of $636K, and assets of $53K (revenue +10.3% year-over-year).
2013: Revenue of $564K, expenses of $535K, and assets of $70K (revenue +16.3% year-over-year).
2012: Revenue of $485K, expenses of $456K, and assets of $47K (revenue +46.9% year-over-year).
2011: Revenue of $330K, expenses of $348K, and assets of $17K.

Data Sources and Methodology

This transparency report for Christian Academy Of Madison 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.