Haw River Christian Academy Inc

Haw River Christian Academy Inc shows consistent revenue growth and strong asset accumulation with no reported officer compensation.

EIN: 208542860 · Pittsboro, NC · NTEE: B99 · Updated: 2026-03-28

$1.7MRevenue

$1.1MAssets

92/100Mission Score (Excellent)

B99

About Haw River Christian Academy Inc

Haw River Christian Academy Inc (EIN: 208542860) is a nonprofit organization based in Pittsboro, NC, classified under NTEE code B99. The organization reported total revenue of $1.7M and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Haw River Christian Academy Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Haw River Christian Academy Inc demonstrates a generally healthy financial trajectory, with consistent revenue growth over the past several years, culminating in $1,590,364 in the 202406 period. The organization has also shown a positive net income in most recent periods, such as the $266,112 surplus in 202406 (Revenue $1,590,364 - Expenses $1,324,252). This has contributed to a steady increase in assets, reaching $1,065,584 in 202406, while liabilities remain very low at $7,954, indicating strong financial stability. The absence of reported officer compensation across all filings suggests a commitment to directing funds towards the organization's mission, which is a positive indicator of spending efficiency and transparency.

While specific program spending percentages are not detailed in the provided data, the overall financial health and low liabilities are positive signs. The consistent growth in revenue and assets, coupled with efficient management of expenses, suggests a well-managed organization. The lack of officer compensation further enhances the perception of transparency and dedication to the mission.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Haw River Christian Academy Inc with a Mission Score of 92 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: 7%
programs: 90%
fundraising: 3%

According to IRS 990 filings, Haw River Christian Academy Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees received compensation, which is highly unusual for an organization of this size and suggests a volunteer-led or externally compensated leadership structure.

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 Haw River Christian Academy Inc's IRS 990 filings:

Lack of detailed program spending breakdown in provided data
Unusually low liabilities could indicate external support or unique operational model not fully visible

Strengths

The following positive indicators were identified for Haw River Christian Academy Inc:

Consistent and significant revenue growth over the past decade
Strong asset accumulation, reaching over $1 million in 202406
Extremely low liabilities, indicating strong financial health and minimal debt
No reported officer compensation, suggesting high dedication to mission and efficient use of funds
Positive net income in most recent periods, demonstrating financial sustainability

Frequently Asked Questions about Haw River Christian Academy Inc

Is Haw River Christian Academy Inc financially stable?

Yes, the organization appears financially stable. It has consistently grown its revenue, reaching $1,590,364 in 202406, and has accumulated significant assets of $1,065,584 while maintaining very low liabilities of $7,954 in the same period.

How has Haw River Christian Academy Inc's revenue changed over time?

Haw River Christian Academy Inc has experienced substantial revenue growth, increasing from $293,060 in 201506 to $1,590,364 in 202406, demonstrating a strong upward trend.

Does Haw River Christian Academy Inc pay its officers?

Based on the provided IRS 990 data, Haw River Christian Academy Inc has reported 0% officer compensation across all available filings, indicating no compensation was paid to officers.

What is the trend in the organization's assets?

The organization's assets have shown consistent growth, increasing from $180,189 in 201506 to $1,065,584 in 202406, reflecting strong financial accumulation.

Filing History

IRS 990 filing history for Haw River Christian Academy Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2012–2024), Haw River Christian Academy Inc's revenue has grown by 576.9%, moving from $235K to $1.6M. Total assets increased by 2036.2% over the same period, from $50K to $1.1M. Total functional expenses rose by 528.6%, from $211K to $1.3M. In its most recent filing year (2024), Haw River Christian Academy Inc reported a surplus of $266K, with revenue exceeding expenses. The organization holds $8K in liabilities against $1.1M in assets (debt-to-asset ratio: 0.7%), resulting in net assets of $1.1M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2024	$1.6M	$1.3M	$1.1M	$8K	—	View 990
2023	$987K	$1.1M	$810K	$14K	—	—
2022	$1.2M	$971K	$859K	$10K	—	View 990
2021	$1.0M	$707K	$601K	$13K	—	View 990
2020	$670K	$687K	$376K	$100K	—	View 990
2019	$648K	$535K	$303K	$8K	—	View 990
2018	$492K	$487K	$190K	$9K	—	View 990
2017	$375K	$406K	$147K	$11K	—	View 990
2016	$346K	$354K	$173K	$6K	—	View 990
2015	$293K	$301K	$180K	$5K	—	View 990
2014	$205K	$282K	$187K	$4K	—	View 990
2013	$289K	$258K	$81K	$0	—	View 990
2012	$235K	$211K	$50K	$0	—	View 990

Year-by-Year Financial Summary

2024: Revenue of $1.6M, expenses of $1.3M, and assets of $1.1M (revenue +61.2% year-over-year).
2023: Revenue of $987K, expenses of $1.1M, and assets of $810K (revenue -19.0% year-over-year).
2022: Revenue of $1.2M, expenses of $971K, and assets of $859K (revenue +19.4% year-over-year).
2021: Revenue of $1.0M, expenses of $707K, and assets of $601K (revenue +52.3% year-over-year).
2020: Revenue of $670K, expenses of $687K, and assets of $376K (revenue +3.4% year-over-year).
2019: Revenue of $648K, expenses of $535K, and assets of $303K (revenue +31.6% year-over-year).
2018: Revenue of $492K, expenses of $487K, and assets of $190K (revenue +31.3% year-over-year).
2017: Revenue of $375K, expenses of $406K, and assets of $147K (revenue +8.3% year-over-year).
2016: Revenue of $346K, expenses of $354K, and assets of $173K (revenue +18.1% year-over-year).
2015: Revenue of $293K, expenses of $301K, and assets of $180K (revenue +43.2% year-over-year).
2014: Revenue of $205K, expenses of $282K, and assets of $187K (revenue -29.2% year-over-year).
2013: Revenue of $289K, expenses of $258K, and assets of $81K (revenue +23.1% year-over-year).
2012: Revenue of $235K, expenses of $211K, and assets of $50K.

Data Sources and Methodology

This transparency report for Haw River 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.