First Christian Academy & Learningcenter Inc

First Christian Academy & Learningcenter Inc shows consistent revenue growth and no reported officer compensation.

EIN: 203924491 · New Prt Rchy, FL · NTEE: B240 · Updated: 2026-03-28

$3.6MRevenue
$2.2MAssets
90/100Mission Score (Excellent)
B240

About First Christian Academy & Learningcenter Inc

First Christian Academy & Learningcenter Inc (EIN: 203924491) is a nonprofit organization based in New Prt Rchy, FL, classified under NTEE code B240. The organization reported total revenue of $3.6M and total assets of $2.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of First Christian Academy & Learningcenter Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

First Christian Academy & Learningcenter Inc demonstrates consistent growth in revenue and assets over the past decade, indicating a stable financial trajectory. In the latest filing period (202407), the organization reported revenues of $3,379,554 against expenses of $3,020,136, resulting in a surplus. This suggests effective management of resources. The organization's assets have also grown significantly, from $277,479 in 2015 to $1,763,531 in 2024, reflecting increasing capacity and financial strength. The organization appears to be efficient in its spending, with expenses generally tracking below revenue, allowing for asset accumulation. A notable aspect of its financial health is the consistent reporting of 0% officer compensation across all available filings, which is a strong indicator of volunteer leadership or very modest compensation not reported in this category, enhancing its transparency and public trust. The NTEE code B240 (Elementary & Secondary Schools) aligns with its name, suggesting a clear program focus. While the filings show a healthy financial position and growth, a more detailed breakdown of program, administrative, and fundraising expenses would further enhance transparency. However, the absence of reported officer compensation is a significant positive for a nonprofit of this size, suggesting a strong commitment to directing funds towards its mission.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates First Christian Academy & Learningcenter Inc with a Mission Score of 90 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

According to IRS 990 filings, First Christian Academy & Learningcenter Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, which is highly unusual for an organization with revenues exceeding $3 million. This suggests either a fully volunteer board and leadership or that compensation is structured in a way that it is not reported under 'officer compensation' on the 990 form, which could warrant further inquiry for complete transparency.

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 First Christian Academy & Learningcenter Inc's IRS 990 filings:

Strengths

The following positive indicators were identified for First Christian Academy & Learningcenter Inc:

Frequently Asked Questions about First Christian Academy & Learningcenter Inc

Is First Christian Academy & Learningcenter Inc a good charity?

Based on the available IRS 990 data, First Christian Academy & Learningcenter Inc appears to be a financially healthy and well-managed organization. It consistently generates more revenue than expenses, has growing assets, and notably reports 0% officer compensation, suggesting a strong commitment to its mission.

How has the organization's financial health changed over time?

The organization has shown significant financial growth and stability. Revenue increased from $1,015,619 in 2015 to $3,379,554 in 2024, and assets grew from $277,479 to $1,763,531 over the same period, indicating robust expansion and financial management.

What is the organization's approach to executive compensation?

The organization consistently reports 0% officer compensation in all available IRS 990 filings. This is a strong indicator that its leadership may be entirely volunteer-based or compensated through other means not categorized as officer compensation, which is highly favorable for a nonprofit.

Filing History

IRS 990 filing history for First Christian Academy & Learningcenter Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2012–2024), First Christian Academy & Learningcenter Inc's revenue has grown by 279.5%, moving from $891K to $3.4M. Total assets increased by 989.5% over the same period, from $162K to $1.8M. Total functional expenses rose by 246.8%, from $871K to $3.0M. In its most recent filing year (2024), First Christian Academy & Learningcenter Inc reported a surplus of $359K, with revenue exceeding expenses. The organization holds $222K in liabilities against $1.8M in assets (debt-to-asset ratio: 12.6%), resulting in net assets of $1.5M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp.PDF
2024 $3.4M $3.0M $1.8M $222K View 990
2023 $2.7M $2.5M $3.6M $2.8M
2022 $2.3M $2.3M $3.1M $2.5M View 990
2021 $2.0M $1.6M $2.2M $1.6M View 990
2020 $1.6M $1.6M $1.8M $1.7M View 990
2019 $1.4M $1.5M $1.3M $1.3M View 990
2018 $1.4M $1.6M $1.3M $1.2M View 990
2017 $1.5M $1.3M $669K $306K View 990
2016 $1.1M $1.1M $317K $132K View 990
2015 $1.0M $991K $277K $150K View 990
2014 $886K $822K $280K $178K View 990
2013 $752K $742K $197K $170K View 990
2012 $891K $871K $162K $154K View 990

Year-by-Year Financial Summary

Data Sources and Methodology

This transparency report for First Christian Academy & Learningcenter 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.

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