New Hope Christian Academy Of Southern Illinois
EIN: 460762416 · Harrisburg, IL · NTEE: B20
| Metric | Value |
|---|---|
| Total Revenue | $809K |
| Total Expenses | $740K |
| Net Assets | $444K |
Is New Hope Christian Academy Of Southern Illinois Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About New Hope Christian Academy Of Southern Illinois
New Hope Christian Academy Of Southern Illinois (EIN: 460762416) is a nonprofit organization based in Harrisburg, IL, classified under NTEE code B20. The organization reported total revenue of $809K and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Hope Christian Academy Of Southern Illinois's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Hope Christian Academy Of Southern Illinois is a small nonprofit that has been operating for 12 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 32.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $844K |
| Total Expenses | $740K |
| Surplus / Deficit | +$104K |
| Total Assets | $1.6M |
| Total Liabilities | $1.2M |
| Net Assets | $444K |
| Operating Margin | 12.3% |
| Debt-to-Asset Ratio | 72.8% |
| Months of Reserves | 26.5 months |
Financial Health Grade: A
In 2023, New Hope Christian Academy Of Southern Illinois reported a surplus of $104K with revenue exceeding expenses, holds 26.5 months of operating reserves (strong position), has a debt-to-asset ratio of 72.8% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), New Hope Christian Academy Of Southern Illinois's revenue has grown at a compound annual growth rate (CAGR) of 32.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -14.7% | +2.9% | +26.6% |
| 2022 | +81.1% | +41.6% | +887.6% |
| 2021 | +48.9% | +31.9% | +46.0% |
| 2020 | +54.3% | +42.6% | +161.5% |
| 2019 | +35.3% | +47.3% | -47.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for New Hope Christian Academy Of Southern Illinois 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 New Hope Christian Academy Of Southern Illinois 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 $104K, with revenue exceeding expenses.
- Debt-to-asset ratio: 72.8%.
Frequently Asked Questions about New Hope Christian Academy Of Southern Illinois
Is New Hope Christian Academy Of Southern Illinois a legitimate charity?
New Hope Christian Academy Of Southern Illinois (EIN: 460762416) is a registered tax-exempt nonprofit based in Illinois. It has 12 years of IRS 990 filings on record. Total revenue: $809K. No red flags identified. Financial health grade: A.
How does New Hope Christian Academy Of Southern Illinois spend its money?
New Hope Christian Academy Of Southern Illinois reported $809K 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 New Hope Christian Academy Of Southern Illinois tax-deductible?
New Hope Christian Academy Of Southern Illinois is registered as a tax-exempt nonprofit (EIN: 460762416). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is New Hope Christian Academy Of Southern Illinois located?
New Hope Christian Academy Of Southern Illinois is headquartered in Harrisburg, Illinois and files with the IRS under EIN 460762416. It is classified under NTEE code B20.
How many years of IRS 990 filings does New Hope Christian Academy Of Southern Illinois have?
New Hope Christian Academy Of Southern Illinois 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 $809K in total revenue.
Filing History
IRS 990 filing history for New Hope Christian Academy Of Southern Illinois showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), New Hope Christian Academy Of Southern Illinois's revenue has grown by 2095.4%, moving from $38K to $844K. Total assets increased by 23551.5% over the same period, from $7K to $1.6M. Total functional expenses rose by 2174.6%, from $33K to $740K. In its most recent filing year (2023), New Hope Christian Academy Of Southern Illinois reported a surplus of $104K, with revenue exceeding expenses. The organization holds $1.2M in liabilities against $1.6M in assets (debt-to-asset ratio: 72.8%), resulting in net assets of $444K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $844K | $740K | $1.6M | $1.2M | — | — |
| 2022 | $989K | $719K | $1.3M | $950K | — | View 990 |
| 2021 | $546K | $508K | $131K | $60K | — | View 990 |
| 2020 | $367K | $385K | $89K | $79K | — | — |
| 2019 | $238K | $270K | $34K | $6K | — | View 990 |
| 2018 | $176K | $183K | $65K | $4K | — | View 990 |
| 2017 | $180K | $134K | $70K | $1K | — | View 990 |
| 2016 | $126K | $122K | $25K | $2K | — | View 990 |
| 2015 | $130K | $127K | $20K | $2K | — | View 990 |
| 2014 | $122K | $109K | $19K | $4K | — | View 990 |
| 2013 | $91K | $95K | $6K | $4K | — | View 990 |
| 2012 | $38K | $33K | $7K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $844K, expenses of $740K, and assets of $1.6M (revenue -14.7% year-over-year).
- 2022: Revenue of $989K, expenses of $719K, and assets of $1.3M (revenue +81.1% year-over-year).
- 2021: Revenue of $546K, expenses of $508K, and assets of $131K (revenue +48.9% year-over-year).
- 2020: Revenue of $367K, expenses of $385K, and assets of $89K (revenue +54.3% year-over-year).
- 2019: Revenue of $238K, expenses of $270K, and assets of $34K (revenue +35.3% year-over-year).
- 2018: Revenue of $176K, expenses of $183K, and assets of $65K (revenue -2.2% year-over-year).
- 2017: Revenue of $180K, expenses of $134K, and assets of $70K (revenue +42.4% year-over-year).
- 2016: Revenue of $126K, expenses of $122K, and assets of $25K (revenue -2.9% year-over-year).
- 2015: Revenue of $130K, expenses of $127K, and assets of $20K (revenue +6.7% year-over-year).
- 2014: Revenue of $122K, expenses of $109K, and assets of $19K (revenue +34.2% year-over-year).
- 2013: Revenue of $91K, expenses of $95K, and assets of $6K (revenue +136.3% year-over-year).
- 2012: Revenue of $38K, expenses of $33K, and assets of $7K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Hope Christian Academy Of Southern Illinois:
Data Sources and Methodology
This transparency report for New Hope Christian Academy Of Southern Illinois 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.