Holy Cross Christian Academy Inc
Holy Cross Christian Academy Inc maintains stable finances with consistent revenue growth and no reported officer compensation.
EIN: 203030619 · Burleson, TX · NTEE: B24 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $7.5M |
| Total Expenses | $1.9M |
| Program Spending | 85% |
| Net Assets | $2.0M |
| Transparency Score | 85/100 |
Is Holy Cross Christian Academy Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Holy Cross Christian Academy Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Holy Cross Christian Academy Inc
Holy Cross Christian Academy Inc (EIN: 203030619) is a nonprofit organization based in Burleson, TX, classified under NTEE code B24. The organization reported total revenue of $7.5M and total assets of $8.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Holy Cross Christian Academy Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Holy Cross Christian Academy Inc is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.1M |
| Total Expenses | $1.9M |
| Surplus / Deficit | +$133K |
| Total Assets | $5.1M |
| Total Liabilities | $3.1M |
| Net Assets | $2.0M |
| Operating Margin | 6.5% |
| Debt-to-Asset Ratio | 61.1% |
| Months of Reserves | 32.0 months |
Financial Health Grade: A
In 2023, Holy Cross Christian Academy Inc reported a surplus of $133K with revenue exceeding expenses, holds 32.0 months of operating reserves (strong position), has a debt-to-asset ratio of 61.1% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Holy Cross Christian Academy Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.5% | +4.1% | +1.7% |
| 2022 | +27.8% | +2.7% | +0.3% |
| 2021 | -40.4% | +3.5% | -14.9% |
| 2020 | +42.3% | +3.7% | +44.7% |
| 2019 | +20.3% | +6.7% | +62.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Holy Cross Christian Academy Inc with a Mission Score of 85 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Holy Cross Christian Academy Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $133K, with revenue exceeding expenses.
- Debt-to-asset ratio: 61.1%.
Executive Compensation Analysis
Holy Cross Christian Academy Inc consistently reports 0% officer compensation across all available filings, indicating that no portion of its expenses is allocated to executive salaries, which is highly favorable for resource allocation.
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.
Strengths
The following positive indicators were identified for Holy Cross Christian Academy Inc:
- Consistent financial surpluses in recent years (e.g., $133,458 surplus in 2023).
- No reported officer compensation, indicating efficient use of funds.
- Steady growth in assets over the past decade, demonstrating financial health.
- Consistent filing of IRS Form 990s, showing commitment to transparency.
Frequently Asked Questions about Holy Cross Christian Academy Inc
Is Holy Cross Christian Academy Inc a legitimate charity?
Holy Cross Christian Academy Inc (EIN: 203030619) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $7.5M. No red flags identified. 4 strengths noted. Financial health grade: A.
How does Holy Cross Christian Academy Inc spend its money?
Holy Cross Christian Academy Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Holy Cross Christian Academy Inc tax-deductible?
Holy Cross Christian Academy Inc is registered as a tax-exempt nonprofit (EIN: 203030619). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Holy Cross Christian Academy Inc's spending goes to programs?
Holy Cross Christian Academy Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Holy Cross Christian Academy Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Holy Cross Christian Academy Inc is above average for NTEE category B24 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Holy Cross Christian Academy Inc located?
Holy Cross Christian Academy Inc is headquartered in Burleson, Texas and files with the IRS under EIN 203030619. It is classified under NTEE code B24.
How many years of IRS 990 filings does Holy Cross Christian Academy Inc have?
Holy Cross Christian Academy Inc has 13 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 $7.5M in total revenue.
Is Holy Cross Christian Academy Inc financially stable?
Yes, the organization appears financially stable, consistently generating more revenue than expenses in most recent years (e.g., $2,060,467 revenue vs. $1,927,009 expenses in 2023) and showing growth in assets.
Does Holy Cross Christian Academy Inc pay its officers?
Based on the provided IRS 990 data, Holy Cross Christian Academy Inc consistently reports 0% officer compensation, suggesting no salaries are paid to its officers.
How has Holy Cross Christian Academy Inc's asset base changed over time?
The organization's assets have grown significantly, from $2,724,808 in 2014 to $5,134,179 in 2023, indicating financial growth and capacity building.
Filing History
IRS 990 filing history for Holy Cross Christian Academy Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Holy Cross Christian Academy Inc's revenue has grown by 88.5%, moving from $1.1M to $2.1M. Total assets increased by 261.9% over the same period, from $1.4M to $5.1M. Total functional expenses rose by 74.9%, from $1.1M to $1.9M. In its most recent filing year (2023), Holy Cross Christian Academy Inc reported a surplus of $133K, with revenue exceeding expenses. The organization holds $3.1M in liabilities against $5.1M in assets (debt-to-asset ratio: 61.1%), resulting in net assets of $2.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.1M | $1.9M | $5.1M | $3.1M | — | View 990 |
| 2022 | $2.1M | $1.9M | $5.1M | $3.2M | — | View 990 |
| 2021 | $1.6M | $1.8M | $5.0M | $3.4M | — | View 990 |
| 2020 | $2.7M | $1.7M | $5.9M | $4.1M | — | — |
| 2019 | $1.9M | $1.7M | $4.1M | $3.3M | — | View 990 |
| 2018 | $1.6M | $1.6M | $2.5M | $2.0M | — | View 990 |
| 2017 | $1.5M | $1.5M | $2.6M | $2.1M | — | View 990 |
| 2016 | $1.3M | $1.4M | $2.6M | $2.1M | — | View 990 |
| 2015 | $1.4M | $1.3M | $2.7M | $2.1M | — | View 990 |
| 2014 | $1.2M | $1.2M | $2.7M | $2.1M | — | View 990 |
| 2013 | $1.2M | $1.1M | $1.5M | $928K | — | View 990 |
| 2012 | $1.1M | $1.0M | $1.4M | $968K | — | View 990 |
| 2011 | $1.1M | $1.1M | $1.4M | $1.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.1M, expenses of $1.9M, and assets of $5.1M (revenue -1.5% year-over-year).
- 2022: Revenue of $2.1M, expenses of $1.9M, and assets of $5.1M (revenue +27.8% year-over-year).
- 2021: Revenue of $1.6M, expenses of $1.8M, and assets of $5.0M (revenue -40.4% year-over-year).
- 2020: Revenue of $2.7M, expenses of $1.7M, and assets of $5.9M (revenue +42.3% year-over-year).
- 2019: Revenue of $1.9M, expenses of $1.7M, and assets of $4.1M (revenue +20.3% year-over-year).
- 2018: Revenue of $1.6M, expenses of $1.6M, and assets of $2.5M (revenue +6.4% year-over-year).
- 2017: Revenue of $1.5M, expenses of $1.5M, and assets of $2.6M (revenue +15.4% year-over-year).
- 2016: Revenue of $1.3M, expenses of $1.4M, and assets of $2.6M (revenue -3.5% year-over-year).
- 2015: Revenue of $1.4M, expenses of $1.3M, and assets of $2.7M (revenue +17.0% year-over-year).
- 2014: Revenue of $1.2M, expenses of $1.2M, and assets of $2.7M (revenue -1.0% year-over-year).
- 2013: Revenue of $1.2M, expenses of $1.1M, and assets of $1.5M (revenue +4.0% year-over-year).
- 2012: Revenue of $1.1M, expenses of $1.0M, and assets of $1.4M (revenue +2.9% year-over-year).
- 2011: Revenue of $1.1M, expenses of $1.1M, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Holy Cross Christian Academy Inc:
Data Sources and Methodology
This transparency report for Holy Cross 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.