Coastal Christian School Inc

Coastal Christian School Inc consistently operates with a surplus and zero reported officer compensation, growing assets to over $800,000.

EIN: 10373373 · Waldoboro, ME · Updated: 2026-03-28

$327KRevenue

$791KAssets

85/100Mission Score (Excellent)

About Coastal Christian School Inc

Coastal Christian School Inc (EIN: 10373373) is a nonprofit organization based in Waldoboro, ME. The organization reported total revenue of $327K and total assets of $791K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Coastal Christian School Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Coastal Christian School Inc demonstrates consistent financial operations with annual revenues hovering around $300,000-$330,000 in recent years, peaking at $489,206 in 2014. The organization consistently maintains a positive net asset position, growing from $188,399 in 2013 to $823,229 in 2022, indicating sound financial management and accumulation of resources. Their liabilities have remained relatively low, with the highest reported at $52,752 in 2020, suggesting a healthy balance sheet and minimal debt burden.

Spending efficiency appears reasonable, with expenses generally below or close to revenue, allowing for asset growth. For instance, in 2022, revenues were $324,201 against expenses of $306,328, resulting in a surplus. A notable strength is the consistent reporting of 0% officer compensation across all available filings, which suggests that leadership is either volunteer-based or compensated through other means not classified as officer compensation, contributing to lower administrative overhead. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging.

In terms of transparency, the organization has a robust filing history with 12 IRS 990 filings, indicating compliance with reporting requirements. The consistent reporting of zero officer compensation is a positive transparency indicator. However, the lack of NTEE code information and detailed expense breakdowns in the provided data limits a deeper analysis of their programmatic focus and operational efficiency. Further details on their program activities and how expenses are allocated would enhance their financial transparency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Coastal Christian School Inc with a Mission Score of 85 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, Coastal Christian School 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

Coastal Christian School Inc consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid or compensated through non-officer roles, which is highly favorable for a school of its size with revenues around $300,000.

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.

Red Flags

The following concerns were identified during AI analysis of Coastal Christian School Inc's IRS 990 filings:

Lack of detailed program vs. administrative vs. fundraising expense breakdown in provided data
NTEE code is unknown, limiting understanding of specific mission area

Strengths

The following positive indicators were identified for Coastal Christian School Inc:

Consistent positive net income, leading to asset growth (e.g., assets grew from $188,399 in 2013 to $823,229 in 2022)
Zero reported officer compensation across all filings, indicating efficient use of funds for mission
Low liabilities relative to assets (e.g., $3,715 liabilities vs. $823,229 assets in 2022)
Strong filing history with 12 IRS 990 filings, demonstrating transparency and compliance
Stable revenue stream, consistently around $300,000-$330,000 in recent years

Frequently Asked Questions about Coastal Christian School Inc

Is Coastal Christian School Inc a good charity?

Based on the available financial data, Coastal Christian School Inc appears to be a well-managed organization. It consistently operates with a surplus, has grown its assets significantly from $188,399 in 2013 to $823,229 in 2022, and reports 0% officer compensation, suggesting efficient use of funds and strong financial stewardship. However, without detailed program spending information, a full assessment of its charitable impact is limited.

How does Coastal Christian School Inc manage its finances?

The organization demonstrates sound financial management by consistently generating more revenue than expenses, leading to a steady increase in assets. For example, in 2022, revenue was $324,201 against expenses of $306,328. Liabilities are kept low, indicating a healthy balance sheet and responsible debt management.

What is the trend in Coastal Christian School Inc's assets?

Coastal Christian School Inc has shown a strong upward trend in assets, growing from $188,399 in 2013 to $823,229 in 2022. This consistent growth indicates effective financial management and accumulation of resources over time.

Filing History

IRS 990 filing history for Coastal Christian School Inc showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2011–2022), Coastal Christian School Inc's revenue has grown by 2.9%, moving from $315K to $324K. Total assets increased by 429.3% over the same period, from $156K to $823K. Total functional expenses rose by 8.8%, from $282K to $306K. In its most recent filing year (2022), Coastal Christian School Inc reported a surplus of $18K, with revenue exceeding expenses. The organization holds $4K in liabilities against $823K in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $820K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2022	$324K	$306K	$823K	$4K	—	View 990
2021	$334K	$271K	$841K	$39K	—	View 990
2020	$324K	$310K	$792K	$53K	—	View 990
2019	$327K	$285K	$727K	$2K	—	View 990
2018	$289K	$302K	$686K	$2K	—	View 990
2017	$328K	$287K	$589K	$40K	—	View 990
2016	$369K	$266K	$566K	$52K	—	View 990
2015	$340K	$298K	$424K	$13K	—	View 990
2014	$489K	$298K	$380K	$13K	—	View 990
2013	$310K	$300K	$188K	$12K	—	View 990
2012	$326K	$303K	$178K	$12K	—	View 990
2011	$315K	$282K	$156K	$12K	—	View 990

Year-by-Year Financial Summary

2022: Revenue of $324K, expenses of $306K, and assets of $823K (revenue -2.9% year-over-year).
2021: Revenue of $334K, expenses of $271K, and assets of $841K (revenue +3.2% year-over-year).
2020: Revenue of $324K, expenses of $310K, and assets of $792K (revenue -1.0% year-over-year).
2019: Revenue of $327K, expenses of $285K, and assets of $727K (revenue +13.2% year-over-year).
2018: Revenue of $289K, expenses of $302K, and assets of $686K (revenue -12.1% year-over-year).
2017: Revenue of $328K, expenses of $287K, and assets of $589K (revenue -10.9% year-over-year).
2016: Revenue of $369K, expenses of $266K, and assets of $566K (revenue +8.5% year-over-year).
2015: Revenue of $340K, expenses of $298K, and assets of $424K (revenue -30.5% year-over-year).
2014: Revenue of $489K, expenses of $298K, and assets of $380K (revenue +57.6% year-over-year).
2013: Revenue of $310K, expenses of $300K, and assets of $188K (revenue -4.7% year-over-year).
2012: Revenue of $326K, expenses of $303K, and assets of $178K (revenue +3.4% year-over-year).
2011: Revenue of $315K, expenses of $282K, and assets of $156K.

Data Sources and Methodology

This transparency report for Coastal Christian School 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.