Heritage Christian Academy Of Lexington South Carolina
EIN: 571037894 · Lexington, SC · NTEE: B99
| Metric | Value |
|---|---|
| Total Revenue | $825K |
| Total Expenses | $888K |
| Net Assets | $648K |
Is Heritage Christian Academy Of Lexington South Carolina Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Heritage Christian Academy Of Lexington South Carolina
Heritage Christian Academy Of Lexington South Carolina (EIN: 571037894) is a nonprofit organization based in Lexington, SC, classified under NTEE code B99. The organization reported total revenue of $825K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Heritage Christian Academy Of Lexington South Carolina's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Heritage Christian Academy Of Lexington South Carolina is a small nonprofit that has been operating for 28 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 5.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $919K |
| Total Expenses | $888K |
| Surplus / Deficit | +$31K |
| Total Assets | $1.3M |
| Total Liabilities | $647K |
| Net Assets | $648K |
| Operating Margin | 3.4% |
| Debt-to-Asset Ratio | 50.0% |
| Months of Reserves | 17.5 months |
Financial Health Grade: A
In 2023, Heritage Christian Academy Of Lexington South Carolina reported a surplus of $31K with revenue exceeding expenses, holds 17.5 months of operating reserves (strong position), has a debt-to-asset ratio of 50.0% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), Heritage Christian Academy Of Lexington South Carolina's revenue has grown at a compound annual growth rate (CAGR) of 5.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.3% | +32.4% | -0.6% |
| 2022 | +26.3% | +10.7% | +23.3% |
| 2021 | +15.6% | +2.5% | +24.8% |
| 2020 | +6.5% | +11.6% | -2.1% |
| 2019 | +9.0% | +1.3% | +9.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Heritage Christian Academy Of Lexington South Carolina 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 Heritage Christian Academy Of Lexington South Carolina 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 surplus of $31K, with revenue exceeding expenses.
- Debt-to-asset ratio: 50.0%.
Frequently Asked Questions about Heritage Christian Academy Of Lexington South Carolina
Is Heritage Christian Academy Of Lexington South Carolina a legitimate charity?
Heritage Christian Academy Of Lexington South Carolina (EIN: 571037894) is a registered tax-exempt nonprofit based in South Carolina. It has 12 years of IRS 990 filings on record. Total revenue: $825K. No red flags identified. Financial health grade: A.
How does Heritage Christian Academy Of Lexington South Carolina spend its money?
Heritage Christian Academy Of Lexington South Carolina reported $825K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Heritage Christian Academy Of Lexington South Carolina tax-deductible?
Heritage Christian Academy Of Lexington South Carolina is registered as a tax-exempt nonprofit (EIN: 571037894). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Heritage Christian Academy Of Lexington South Carolina located?
Heritage Christian Academy Of Lexington South Carolina is headquartered in Lexington, South Carolina and files with the IRS under EIN 571037894. It is classified under NTEE code B99.
How many years of IRS 990 filings does Heritage Christian Academy Of Lexington South Carolina have?
Heritage Christian Academy Of Lexington South Carolina has 12 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 $825K in total revenue.
Filing History
IRS 990 filing history for Heritage Christian Academy Of Lexington South Carolina showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Heritage Christian Academy Of Lexington South Carolina's revenue has grown by 82.4%, moving from $504K to $919K. Total assets increased by 30.8% over the same period, from $990K to $1.3M. Total functional expenses rose by 62%, from $548K to $888K. In its most recent filing year (2023), Heritage Christian Academy Of Lexington South Carolina reported a surplus of $31K, with revenue exceeding expenses. The organization holds $647K in liabilities against $1.3M in assets (debt-to-asset ratio: 50.0%), resulting in net assets of $648K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $919K | $888K | $1.3M | $647K | — | View 990 |
| 2022 | $881K | $671K | $1.3M | $686K | — | View 990 |
| 2021 | $698K | $606K | $1.1M | $731K | — | — |
| 2020 | $604K | $591K | $847K | $612K | — | View 990 |
| 2019 | $567K | $530K | $866K | $643K | — | View 990 |
| 2018 | $520K | $523K | $788K | $603K | — | View 990 |
| 2017 | $500K | $591K | $805K | $617K | — | View 990 |
| 2016 | $618K | $609K | $822K | $542K | — | View 990 |
| 2015 | $657K | $606K | $908K | $637K | — | View 990 |
| 2014 | $543K | $534K | $906K | $686K | — | View 990 |
| 2013 | $479K | $493K | $927K | $715K | — | View 990 |
| 2012 | $504K | $548K | $990K | $764K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $919K, expenses of $888K, and assets of $1.3M (revenue +4.3% year-over-year).
- 2022: Revenue of $881K, expenses of $671K, and assets of $1.3M (revenue +26.3% year-over-year).
- 2021: Revenue of $698K, expenses of $606K, and assets of $1.1M (revenue +15.6% year-over-year).
- 2020: Revenue of $604K, expenses of $591K, and assets of $847K (revenue +6.5% year-over-year).
- 2019: Revenue of $567K, expenses of $530K, and assets of $866K (revenue +9.0% year-over-year).
- 2018: Revenue of $520K, expenses of $523K, and assets of $788K (revenue +4.1% year-over-year).
- 2017: Revenue of $500K, expenses of $591K, and assets of $805K (revenue -19.0% year-over-year).
- 2016: Revenue of $618K, expenses of $609K, and assets of $822K (revenue -6.0% year-over-year).
- 2015: Revenue of $657K, expenses of $606K, and assets of $908K (revenue +21.1% year-over-year).
- 2014: Revenue of $543K, expenses of $534K, and assets of $906K (revenue +13.3% year-over-year).
- 2013: Revenue of $479K, expenses of $493K, and assets of $927K (revenue -5.0% year-over-year).
- 2012: Revenue of $504K, expenses of $548K, and assets of $990K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Heritage Christian Academy Of Lexington South Carolina:
Data Sources and Methodology
This transparency report for Heritage Christian Academy Of Lexington South Carolina 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.