Harbor Christian Academy
EIN: 371794479 · Houston, TX · NTEE: B24
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $1.6M |
| Net Assets | $2.8M |
Is Harbor Christian Academy Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Harbor Christian Academy
Harbor Christian Academy (EIN: 371794479) is a nonprofit organization based in Houston, TX, classified under NTEE code B24. The organization reported total revenue of $1.1M and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Harbor Christian Academy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Harbor Christian Academy is a mid-size nonprofit that has been operating for 10 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 18.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $1.6M |
| Surplus / Deficit | $-496,801 |
| Total Assets | $2.8M |
| Total Liabilities | $26K |
| Net Assets | $2.8M |
| Operating Margin | -46.8% |
| Debt-to-Asset Ratio | 0.9% |
| Months of Reserves | 21.6 months |
Financial Health Grade: B
In 2023, Harbor Christian Academy reported a deficit of $497K with expenses exceeding revenue, holds 21.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.9% (very low leverage).
Financial Trends
Over 7 years of filings (2017–2023), Harbor Christian Academy's revenue has grown at a compound annual growth rate (CAGR) of 18.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.6% | +33.3% | -14.8% |
| 2022 | -65.9% | +32.3% | -3.3% |
| 2021 | +442.4% | +29.8% | +112.2% |
| 2020 | -34.6% | +30.9% | +4.7% |
| 2019 | -6.8% | +317.8% | +23.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Harbor Christian Academy 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 Harbor Christian Academy 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $497K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.9%.
Frequently Asked Questions about Harbor Christian Academy
Is Harbor Christian Academy a legitimate charity?
Harbor Christian Academy (EIN: 371794479) is a registered tax-exempt nonprofit based in Texas. It has 7 years of IRS 990 filings on record. Total revenue: $1.1M. No red flags identified. Financial health grade: B.
How does Harbor Christian Academy spend its money?
Harbor Christian Academy reported $1.1M in total revenue in IRS 990 filings. 7 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Harbor Christian Academy tax-deductible?
Harbor Christian Academy is registered as a tax-exempt nonprofit (EIN: 371794479). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Harbor Christian Academy located?
Harbor Christian Academy is headquartered in Houston, Texas and files with the IRS under EIN 371794479. It is classified under NTEE code B24.
How many years of IRS 990 filings does Harbor Christian Academy have?
Harbor Christian Academy has 7 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 $1.1M in total revenue.
Filing History
IRS 990 filing history for Harbor Christian Academy showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Harbor Christian Academy's revenue has grown by 176.2%, moving from $384K to $1.1M. Total assets increased by 660.1% over the same period, from $369K to $2.8M. Total functional expenses rose by 10339.7%, from $15K to $1.6M. In its most recent filing year (2023), Harbor Christian Academy reported a deficit of $497K, with expenses exceeding revenue. The organization holds $26K in liabilities against $2.8M in assets (debt-to-asset ratio: 0.9%), resulting in net assets of $2.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $1.6M | $2.8M | $26K | — | — |
| 2022 | $1.1M | $1.2M | $3.3M | $16K | — | View 990 |
| 2021 | $3.1M | $883K | $3.4M | $14K | — | View 990 |
| 2020 | $570K | $681K | $1.6M | $626K | — | View 990 |
| 2019 | $871K | $520K | $1.5M | $445K | — | View 990 |
| 2018 | $934K | $124K | $1.2M | $66K | — | View 990 |
| 2017 | $384K | $15K | $369K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $1.6M, and assets of $2.8M (revenue +0.6% year-over-year).
- 2022: Revenue of $1.1M, expenses of $1.2M, and assets of $3.3M (revenue -65.9% year-over-year).
- 2021: Revenue of $3.1M, expenses of $883K, and assets of $3.4M (revenue +442.4% year-over-year).
- 2020: Revenue of $570K, expenses of $681K, and assets of $1.6M (revenue -34.6% year-over-year).
- 2019: Revenue of $871K, expenses of $520K, and assets of $1.5M (revenue -6.8% year-over-year).
- 2018: Revenue of $934K, expenses of $124K, and assets of $1.2M (revenue +143.1% year-over-year).
- 2017: Revenue of $384K, expenses of $15K, and assets of $369K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Harbor Christian Academy:
Data Sources and Methodology
This transparency report for Harbor Christian Academy 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.