Fountain Inn Christian School Inc

Fountain Inn Christian School Inc faces significant financial challenges with declining revenue and growing liabilities.

EIN: 203217892 · Fountain Inn, SC · NTEE: B24 · Updated: 2026-03-28

$158KRevenue

$8KAssets

45/100Mission Score (Fair)

B24

About Fountain Inn Christian School Inc

Fountain Inn Christian School Inc (EIN: 203217892) is a nonprofit organization based in Fountain Inn, SC, classified under NTEE code B24. The organization reported total revenue of $158K and total assets of $8K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fountain Inn Christian School Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Fountain Inn Christian School Inc has experienced a significant decline in revenue over the past few years, dropping from $412,289 in 2015 to $158,216 in 2024. This trend of decreasing revenue, coupled with expenses consistently exceeding revenue in recent periods (e.g., $174,579 in expenses against $158,216 in revenue in 2024), indicates a challenging financial position. The organization's assets are very low, at $7,903 in 2024, while liabilities have grown substantially to $89,523, suggesting potential solvency concerns and a reliance on debt or deferred payments.

The organization's spending efficiency is difficult to fully assess without a detailed functional expense breakdown, which is not provided in the summary data. However, the consistent operating deficits raise questions about long-term sustainability. The absence of officer compensation reported across all filings suggests that executive leadership may be volunteer-based or compensated through other means not categorized as officer compensation, which can be a positive indicator of resource allocation if true. However, the growing liabilities and declining revenue are significant concerns that overshadow this.

In terms of transparency, the organization has a consistent filing history with 13 filings, which is a positive sign of compliance. However, the financial health, particularly the negative net assets (assets minus liabilities) and the sustained operational losses, points to a need for greater financial stability and potentially a re-evaluation of its operational model to ensure long-term viability. The significant increase in liabilities from $24 in 2015 to $89,523 in 2024, while assets remain minimal, is a critical area for concern.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Fountain Inn Christian School Inc with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 20%
programs: 70%
fundraising: 10%

According to IRS 990 filings, Fountain Inn Christian School Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, suggesting that executive leadership is either unpaid or compensated through non-officer categories, which is a positive sign for resource allocation given the organization's small size and financial struggles.

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 Fountain Inn Christian School Inc's IRS 990 filings:

Consistent operating deficits, with expenses exceeding revenue in most recent years (e.g., $174,579 expenses vs. $158,216 revenue in 2024).
Significant decline in revenue over the past decade, from $412,289 in 2015 to $158,216 in 2024.
Rapid increase in liabilities from $24 in 2015 to $89,523 in 2024.
Extremely low asset base ($7,903 in 2024) relative to liabilities, indicating negative net assets and potential solvency issues.

Strengths

The following positive indicators were identified for Fountain Inn Christian School Inc:

Consistent IRS 990 filing history, demonstrating compliance.
No reported officer compensation, suggesting efficient use of funds at the executive level or volunteer leadership.

Frequently Asked Questions about Fountain Inn Christian School Inc

What is the detailed breakdown of expenses (program, administrative, fundraising) for Fountain Inn Christian School Inc?

The provided data does not offer a detailed functional expense breakdown, making it difficult to precisely determine the percentages allocated to programs, administration, and fundraising. This information would be crucial for a complete assessment of spending efficiency.

How does Fountain Inn Christian School Inc plan to address its increasing liabilities and declining revenue?

The filings show a consistent trend of liabilities increasing (from $24 in 2015 to $89,523 in 2024) and revenue decreasing (from $412,289 in 2015 to $158,216 in 2024). The organization's strategy to reverse these trends is not evident from the provided financial summaries.

What is the nature of the significant liabilities reported by Fountain Inn Christian School Inc?

With liabilities reaching $89,523 in 2024 against only $7,903 in assets, understanding the specific nature of these liabilities (e.g., loans, accounts payable, deferred revenue) is critical to assess the organization's financial risk and solvency.

Filing History

IRS 990 filing history for Fountain Inn Christian School Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2012–2024), Fountain Inn Christian School Inc's revenue has declined by 62.3%, moving from $419K to $158K. Total assets decreased by 69.7% over the same period, from $26K to $8K. Total functional expenses fell by 56.7%, from $403K to $175K. In its most recent filing year (2024), Fountain Inn Christian School Inc reported a deficit of $16K, with expenses exceeding revenue. The organization holds $90K in liabilities against $8K in assets (debt-to-asset ratio: 1132.8%), resulting in net assets of $-81,620.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2024	$158K	$175K	$8K	$90K	—	—
2023	$223K	$247K	$11K	$77K	—	—
2022	$293K	$321K	$13K	$54K	—	View 990
2021	$309K	$332K	$16K	$29K	—	View 990
2020	$262K	$246K	$28K	$18K	—	View 990
2019	$268K	$259K	$11K	$17K	—	View 990
2018	$301K	$305K	$10K	$26K	—	—
2017	$354K	$384K	$12K	$24K	—	View 990
2016	$349K	$352K	$22K	$4K	—	View 990
2015	$412K	$343K	$21K	$24	—	View 990
2014	$431K	$460K	$16K	$64K	—	View 990
2013	$425K	$430K	$45K	$65K	—	View 990
2012	$419K	$403K	$26K	$41K	—	View 990

Year-by-Year Financial Summary

2024: Revenue of $158K, expenses of $175K, and assets of $8K (revenue -29.1% year-over-year).
2023: Revenue of $223K, expenses of $247K, and assets of $11K (revenue -23.8% year-over-year).
2022: Revenue of $293K, expenses of $321K, and assets of $13K (revenue -5.1% year-over-year).
2021: Revenue of $309K, expenses of $332K, and assets of $16K (revenue +17.6% year-over-year).
2020: Revenue of $262K, expenses of $246K, and assets of $28K (revenue -1.9% year-over-year).
2019: Revenue of $268K, expenses of $259K, and assets of $11K (revenue -11.2% year-over-year).
2018: Revenue of $301K, expenses of $305K, and assets of $10K (revenue -14.9% year-over-year).
2017: Revenue of $354K, expenses of $384K, and assets of $12K (revenue +1.6% year-over-year).
2016: Revenue of $349K, expenses of $352K, and assets of $22K (revenue -15.4% year-over-year).
2015: Revenue of $412K, expenses of $343K, and assets of $21K (revenue -4.4% year-over-year).
2014: Revenue of $431K, expenses of $460K, and assets of $16K (revenue +1.4% year-over-year).
2013: Revenue of $425K, expenses of $430K, and assets of $45K (revenue +1.4% year-over-year).
2012: Revenue of $419K, expenses of $403K, and assets of $26K.

Data Sources and Methodology

This transparency report for Fountain Inn 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.