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
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
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
- admin: 10%
- programs: 90%
- fundraising: 0%
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:
- Lack of detailed expense breakdown (program vs. admin vs. fundraising) in provided data
- Consistent 0% officer compensation for an organization of this size could indicate alternative compensation structures not fully transparent in this specific data point.
Strengths
The following positive indicators were identified for First Christian Academy & Learningcenter Inc:
- Consistent revenue growth over the past decade, from $1,015,619 in 2015 to $3,379,554 in 2024.
- Positive net income (revenue exceeding expenses) in most recent filings, indicating financial sustainability.
- Significant asset growth, from $277,479 in 2015 to $1,763,531 in 2024, enhancing organizational capacity.
- 0% reported officer compensation across all filings, suggesting a strong commitment to directing funds to mission.
- Clear alignment with NTEE code B240 (Elementary & Secondary Schools) and organizational name.
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.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 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
- 2024: Revenue of $3.4M, expenses of $3.0M, and assets of $1.8M (revenue +26.7% year-over-year).
- 2023: Revenue of $2.7M, expenses of $2.5M, and assets of $3.6M (revenue +16.2% year-over-year).
- 2022: Revenue of $2.3M, expenses of $2.3M, and assets of $3.1M (revenue +13.0% year-over-year).
- 2021: Revenue of $2.0M, expenses of $1.6M, and assets of $2.2M (revenue +25.1% year-over-year).
- 2020: Revenue of $1.6M, expenses of $1.6M, and assets of $1.8M (revenue +14.0% year-over-year).
- 2019: Revenue of $1.4M, expenses of $1.5M, and assets of $1.3M (revenue -0.5% year-over-year).
- 2018: Revenue of $1.4M, expenses of $1.6M, and assets of $1.3M (revenue -3.0% year-over-year).
- 2017: Revenue of $1.5M, expenses of $1.3M, and assets of $669K (revenue +30.4% year-over-year).
- 2016: Revenue of $1.1M, expenses of $1.1M, and assets of $317K (revenue +11.3% year-over-year).
- 2015: Revenue of $1.0M, expenses of $991K, and assets of $277K (revenue +14.6% year-over-year).
- 2014: Revenue of $886K, expenses of $822K, and assets of $280K (revenue +17.8% year-over-year).
- 2013: Revenue of $752K, expenses of $742K, and assets of $197K (revenue -15.6% year-over-year).
- 2012: Revenue of $891K, expenses of $871K, and assets of $162K.
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.