Future Leaders Christian Academy Inc
EIN: 300753427 · Orlando, FL · NTEE: B24
| Metric | Value |
|---|---|
| Total Revenue | $571K |
| Total Expenses | $491K |
| Net Assets | $30K |
Is Future Leaders Christian Academy Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Future Leaders Christian Academy Inc
Future Leaders Christian Academy Inc (EIN: 300753427) is a nonprofit organization based in Orlando, FL, classified under NTEE code B24. The organization reported total revenue of $571K and total assets of $95K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Future Leaders Christian Academy Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Future Leaders Christian Academy Inc is a small nonprofit that has been operating for 12 years, with 8 years of IRS 990 filings on record (2014–2022). Revenue has grown at a compound annual rate of 12.1%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $548K |
| Total Expenses | $491K |
| Surplus / Deficit | +$58K |
| Total Assets | $193K |
| Total Liabilities | $163K |
| Net Assets | $30K |
| Operating Margin | 10.5% |
| Debt-to-Asset Ratio | 84.5% |
| Months of Reserves | 4.7 months |
Financial Health Grade: A
In 2022, Future Leaders Christian Academy Inc reported a surplus of $58K with revenue exceeding expenses, holds 4.7 months of operating reserves (adequate), has a debt-to-asset ratio of 84.5% (high leverage).
Financial Trends
Over 8 years of filings (2014–2022), Future Leaders Christian Academy Inc's revenue has grown at a compound annual growth rate (CAGR) of 12.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +15.9% | +11.7% | -29.1% |
| 2021 | -9.0% | +3.3% | +17.3% |
| 2020 | +6.7% | -7.9% | +44.1% |
| 2019 | +31.3% | +56.3% | +57.5% |
| 2017 | +14.1% | -5.5% | +642.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2700 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Future Leaders Christian Academy 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 Future Leaders Christian Academy 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $58K, with revenue exceeding expenses.
- Debt-to-asset ratio: 84.5%.
Frequently Asked Questions about Future Leaders Christian Academy Inc
Is Future Leaders Christian Academy Inc a legitimate charity?
Future Leaders Christian Academy Inc (EIN: 300753427) is a registered tax-exempt nonprofit based in Florida. It has 8 years of IRS 990 filings on record. Total revenue: $571K. No red flags identified. Financial health grade: A.
How does Future Leaders Christian Academy Inc spend its money?
Future Leaders Christian Academy Inc reported $571K in total revenue in IRS 990 filings. 8 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Future Leaders Christian Academy Inc tax-deductible?
Future Leaders Christian Academy Inc is registered as a tax-exempt nonprofit (EIN: 300753427). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Future Leaders Christian Academy Inc located?
Future Leaders Christian Academy Inc is headquartered in Orlando, Florida and files with the IRS under EIN 300753427. It is classified under NTEE code B24.
How many years of IRS 990 filings does Future Leaders Christian Academy Inc have?
Future Leaders Christian Academy Inc has 8 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 $571K in total revenue.
Filing History
IRS 990 filing history for Future Leaders Christian Academy Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2014–2022), Future Leaders Christian Academy Inc's revenue has grown by 149.2%, moving from $220K to $548K. Total assets increased by 18433.9% over the same period, from $1K to $193K. Total functional expenses rose by 124%, from $219K to $491K. In its most recent filing year (2022), Future Leaders Christian Academy Inc reported a surplus of $58K, with revenue exceeding expenses. The organization holds $163K in liabilities against $193K in assets (debt-to-asset ratio: 84.5%), resulting in net assets of $30K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $548K | $491K | $193K | $163K | — | View 990 |
| 2021 | $473K | $439K | $272K | $300K | — | View 990 |
| 2020 | $520K | $425K | $232K | $150K | — | View 990 |
| 2019 | $487K | $462K | $161K | $13K | — | View 990 |
| 2017 | $371K | $295K | $102K | $27K | — | View 990 |
| 2016 | $325K | $313K | $14K | $0 | — | View 990 |
| 2015 | $304K | $302K | $1K | $0 | — | View 990 |
| 2014 | $220K | $219K | $1K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $548K, expenses of $491K, and assets of $193K (revenue +15.9% year-over-year).
- 2021: Revenue of $473K, expenses of $439K, and assets of $272K (revenue -9.0% year-over-year).
- 2020: Revenue of $520K, expenses of $425K, and assets of $232K (revenue +6.7% year-over-year).
- 2019: Revenue of $487K, expenses of $462K, and assets of $161K (revenue +31.3% year-over-year).
- 2017: Revenue of $371K, expenses of $295K, and assets of $102K (revenue +14.1% year-over-year).
- 2016: Revenue of $325K, expenses of $313K, and assets of $14K (revenue +7.1% year-over-year).
- 2015: Revenue of $304K, expenses of $302K, and assets of $1K (revenue +37.9% year-over-year).
- 2014: Revenue of $220K, expenses of $219K, and assets of $1K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Future Leaders Christian Academy Inc:
Data Sources and Methodology
This transparency report for Future Leaders Christian Academy 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.