Oaks Classical Christian Academy Incorporated
EIN: 862346634 · Palm City, FL · NTEE: B20
| Metric | Value |
|---|---|
| Total Revenue | $597K |
| Total Expenses | $215K |
| Net Assets | $168K |
Is Oaks Classical Christian Academy Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Oaks Classical Christian Academy Incorporated
Oaks Classical Christian Academy Incorporated (EIN: 862346634) is a nonprofit organization based in Palm City, FL, classified under NTEE code B20. The organization reported total revenue of $597K and total assets of $405K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Oaks Classical Christian Academy Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Oaks Classical Christian Academy Incorporated is a small nonprofit that has been operating for 4 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 115.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $338K |
| Total Expenses | $215K |
| Surplus / Deficit | +$123K |
| Total Assets | $169K |
| Total Liabilities | $2K |
| Net Assets | $168K |
| Operating Margin | 36.4% |
| Debt-to-Asset Ratio | 0.9% |
| Months of Reserves | 9.4 months |
Financial Health Grade: A
In 2023, Oaks Classical Christian Academy Incorporated reported a surplus of $123K with revenue exceeding expenses, holds 9.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.9% (very low leverage).
Financial Trends
Over 2 years of filings (2022–2023), Oaks Classical Christian Academy Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 115.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +115.1% | +90.7% | +269.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Oaks Classical Christian Academy Incorporated 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 Oaks Classical Christian Academy Incorporated 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 $123K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.9%.
Frequently Asked Questions about Oaks Classical Christian Academy Incorporated
Is Oaks Classical Christian Academy Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Oaks Classical Christian Academy Incorporated (EIN: 862346634) insufficient data. 0 red flags identified, 0 strengths noted.
How does Oaks Classical Christian Academy Incorporated spend its money?
Detailed spending breakdown data is not yet available for Oaks Classical Christian Academy Incorporated. Check back for updated IRS 990 analysis.
Are donations to Oaks Classical Christian Academy Incorporated tax-deductible?
Oaks Classical Christian Academy Incorporated is registered as a tax-exempt nonprofit (EIN: 862346634). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Oaks Classical Christian Academy Incorporated located?
Oaks Classical Christian Academy Incorporated is headquartered in Palm City, Florida and files with the IRS under EIN 862346634. It is classified under NTEE code B20.
How many years of IRS 990 filings does Oaks Classical Christian Academy Incorporated have?
Oaks Classical Christian Academy Incorporated has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $597K in total revenue.
Filing History
IRS 990 filing history for Oaks Classical Christian Academy Incorporated showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Oaks Classical Christian Academy Incorporated's revenue has grown by 115.1%, moving from $157K to $338K. Total assets increased by 269.1% over the same period, from $46K to $169K. Total functional expenses rose by 90.7%, from $113K to $215K. In its most recent filing year (2023), Oaks Classical Christian Academy Incorporated reported a surplus of $123K, with revenue exceeding expenses. The organization holds $2K in liabilities against $169K in assets (debt-to-asset ratio: 0.9%), resulting in net assets of $168K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $338K | $215K | $169K | $2K | — | — |
| 2022 | $157K | $113K | $46K | $953 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Oaks Classical Christian Academy Incorporated:
Data Sources and Methodology
This transparency report for Oaks Classical Christian Academy Incorporated 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.