Christian Faith Academy Of Higher Learning Inc
EIN: 562442232 · Milwaukee, WI · NTEE: B20
| Metric | Value |
|---|---|
| Total Revenue | $360K |
| Total Expenses | $429K |
| Net Assets | $32K |
Is Christian Faith Academy Of Higher Learning Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Christian Faith Academy Of Higher Learning Inc
Christian Faith Academy Of Higher Learning Inc (EIN: 562442232) is a nonprofit organization based in Milwaukee, WI, classified under NTEE code B20. The organization reported total revenue of $360K and total assets of $45K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Christian Faith Academy Of Higher Learning Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Christian Faith Academy Of Higher Learning Inc is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -6.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $442K |
| Total Expenses | $429K |
| Surplus / Deficit | +$13K |
| Total Assets | $63K |
| Total Liabilities | $30K |
| Net Assets | $32K |
| Operating Margin | 3.0% |
| Debt-to-Asset Ratio | 48.6% |
| Months of Reserves | 1.8 months |
Financial Health Grade: A
In 2023, Christian Faith Academy Of Higher Learning Inc reported a surplus of $13K with revenue exceeding expenses, holds 1.8 months of operating reserves (limited), has a debt-to-asset ratio of 48.6% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Christian Faith Academy Of Higher Learning Inc's revenue has declined at a compound annual growth rate (CAGR) of -6.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -31.1% | -31.0% | -15.1% |
| 2022 | +27.0% | +17.0% | -0.5% |
| 2021 | -17.9% | -7.8% | -41.4% |
| 2020 | -4.5% | -2.1% | +23.9% |
| 2019 | -7.8% | -18.8% | +432.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Christian Faith Academy Of Higher Learning 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 Christian Faith Academy Of Higher Learning 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 $13K, with revenue exceeding expenses.
- Debt-to-asset ratio: 48.6%.
Frequently Asked Questions about Christian Faith Academy Of Higher Learning Inc
Is Christian Faith Academy Of Higher Learning Inc a legitimate charity?
Christian Faith Academy Of Higher Learning Inc (EIN: 562442232) is a registered tax-exempt nonprofit based in Wisconsin. It has 13 years of IRS 990 filings on record. Total revenue: $360K. No red flags identified. Financial health grade: A.
How does Christian Faith Academy Of Higher Learning Inc spend its money?
Christian Faith Academy Of Higher Learning Inc reported $360K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Christian Faith Academy Of Higher Learning Inc tax-deductible?
Christian Faith Academy Of Higher Learning Inc is registered as a tax-exempt nonprofit (EIN: 562442232). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Christian Faith Academy Of Higher Learning Inc located?
Christian Faith Academy Of Higher Learning Inc is headquartered in Milwaukee, Wisconsin and files with the IRS under EIN 562442232. It is classified under NTEE code B20.
How many years of IRS 990 filings does Christian Faith Academy Of Higher Learning Inc have?
Christian Faith Academy Of Higher Learning Inc has 13 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 $360K in total revenue.
Filing History
IRS 990 filing history for Christian Faith Academy Of Higher Learning Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Christian Faith Academy Of Higher Learning Inc's revenue has declined by 57.9%, moving from $1.0M to $442K. Total assets increased by 29.6% over the same period, from $48K to $63K. Total functional expenses fell by 60%, from $1.1M to $429K. In its most recent filing year (2023), Christian Faith Academy Of Higher Learning Inc reported a surplus of $13K, with revenue exceeding expenses. The organization holds $30K in liabilities against $63K in assets (debt-to-asset ratio: 48.6%), resulting in net assets of $32K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $442K | $429K | $63K | $30K | — | View 990 |
| 2022 | $641K | $621K | $74K | $55K | — | View 990 |
| 2021 | $505K | $531K | $74K | $74K | — | — |
| 2020 | $614K | $576K | $126K | $84K | — | View 990 |
| 2019 | $643K | $588K | $102K | $98K | — | View 990 |
| 2018 | $697K | $725K | $19K | $70K | — | View 990 |
| 2017 | $893K | $869K | $29K | $52K | — | View 990 |
| 2016 | $925K | $869K | $54K | $101K | — | View 990 |
| 2015 | $823K | $873K | $29K | $131K | — | View 990 |
| 2014 | $908K | $896K | $50K | $102K | — | View 990 |
| 2013 | $1.2M | $984K | $73K | $87K | — | View 990 |
| 2012 | $975K | $989K | $59K | $273K | — | View 990 |
| 2011 | $1.0M | $1.1M | $48K | $248K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $442K, expenses of $429K, and assets of $63K (revenue -31.1% year-over-year).
- 2022: Revenue of $641K, expenses of $621K, and assets of $74K (revenue +27.0% year-over-year).
- 2021: Revenue of $505K, expenses of $531K, and assets of $74K (revenue -17.9% year-over-year).
- 2020: Revenue of $614K, expenses of $576K, and assets of $126K (revenue -4.5% year-over-year).
- 2019: Revenue of $643K, expenses of $588K, and assets of $102K (revenue -7.8% year-over-year).
- 2018: Revenue of $697K, expenses of $725K, and assets of $19K (revenue -21.9% year-over-year).
- 2017: Revenue of $893K, expenses of $869K, and assets of $29K (revenue -3.5% year-over-year).
- 2016: Revenue of $925K, expenses of $869K, and assets of $54K (revenue +12.4% year-over-year).
- 2015: Revenue of $823K, expenses of $873K, and assets of $29K (revenue -9.4% year-over-year).
- 2014: Revenue of $908K, expenses of $896K, and assets of $50K (revenue -23.3% year-over-year).
- 2013: Revenue of $1.2M, expenses of $984K, and assets of $73K (revenue +21.5% year-over-year).
- 2012: Revenue of $975K, expenses of $989K, and assets of $59K (revenue -7.0% year-over-year).
- 2011: Revenue of $1.0M, expenses of $1.1M, and assets of $48K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Christian Faith Academy Of Higher Learning Inc:
Data Sources and Methodology
This transparency report for Christian Faith Academy Of Higher Learning 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.