Prince Avenue Christian School
Prince Avenue Christian School shows robust financial growth and consistent operational surpluses over the past decade.
EIN: 10548823 · Bogart, GA · NTEE: B20 · Updated: 2026-03-26
About Prince Avenue Christian School
Prince Avenue Christian School (EIN: 10548823) is a nonprofit organization based in Bogart, GA, classified under NTEE code B20. The organization reported total revenue of $15.2M and total assets of $21.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Prince Avenue Christian School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Prince Avenue Christian School with a Mission Score of 90 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, Prince Avenue Christian School 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.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that no compensation was paid to officers, directors, trustees, or key employees, which is highly unusual for an organization of this size and suggests a volunteer leadership structure or that compensation is reported differently.
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 Prince Avenue Christian School's IRS 990 filings:
- Unusually low reported liabilities in earlier years, potentially indicating incomplete data or a shift in reporting practices.
- Consistent 0% officer compensation for a large organization, which may warrant further inquiry into how leadership is compensated or structured.
Strengths
The following positive indicators were identified for Prince Avenue Christian School:
- Exceptional revenue growth, increasing from $7.3 million in 2014 to over $20 million in 2023.
- Consistent operational surpluses, with revenues significantly exceeding expenses, particularly in the latest filing ($20M revenue vs. $11M expenses).
- Strong asset growth, from $4.9 million in 2014 to $22.4 million in 2023, indicating financial stability and investment capacity.
- No reported officer compensation, suggesting a high dedication of resources to the organization's mission or a volunteer-led executive structure.
Frequently Asked Questions about Prince Avenue Christian School
How does Prince Avenue Christian School manage to report 0% officer compensation given its size and revenue?
The consistent reporting of 0% officer compensation across all filings for an organization with over $20 million in revenue is highly unusual. It could indicate that leadership roles are entirely volunteer-based, or that compensation for key personnel is categorized differently within the expense structure, such as under general salaries and wages rather than specific officer compensation lines on the 990.
What is the primary driver of Prince Avenue Christian School's significant revenue growth?
While the specific drivers are not detailed in the provided data, the substantial increase in revenue from $7.3 million in 2014 to over $20 million in 2023 suggests growth in student enrollment, tuition fees, and potentially successful fundraising campaigns or other income-generating activities consistent with an educational institution.
What is the school's strategy for managing its increasing liabilities, which grew from $0 in 2019 to nearly $5 million in 2023?
The increase in liabilities from $0 in 2019 to $4,966,759 in 2023, while not alarming given the asset growth, warrants further investigation. This could be due to capital expenditures, facility expansion, or other operational financing. Understanding the nature of these liabilities (e.g., mortgages, bonds, operational payables) would clarify the school's financial strategy.
Filing History
IRS 990 filing history for Prince Avenue Christian School showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Prince Avenue Christian School's revenue has grown by 237.1%, moving from $5.9M to $20.0M. Total assets increased by 844.5% over the same period, from $2.4M to $22.4M. Total functional expenses rose by 88.6%, from $5.8M to $11.0M. In its most recent filing year (2023), Prince Avenue Christian School reported a surplus of $9.0M, with revenue exceeding expenses. The organization holds $5.0M in liabilities against $22.4M in assets (debt-to-asset ratio: 22.1%), resulting in net assets of $17.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $20.0M | $11.0M | $22.4M | $5.0M | — | View 990 |
| 2022 | $11.6M | $9.5M | $12.5M | $4.0M | — | View 990 |
| 2021 | $9.9M | $8.7M | $9.5M | $3.1M | — | — |
| 2020 | $9.3M | $8.4M | $7.5M | $1.0M | — | View 990 |
| 2019 | $9.3M | $8.2M | $5.5M | $0 | — | View 990 |
| 2018 | $8.0M | $8.0M | $4.5M | $0 | — | View 990 |
| 2017 | $8.0M | $7.8M | $4.4M | $0 | — | View 990 |
| 2016 | $7.7M | $7.7M | $4.2M | $0 | — | View 990 |
| 2015 | $8.0M | $7.9M | $4.2M | $0 | — | View 990 |
| 2014 | $7.3M | $7.0M | $4.9M | $2.4M | — | View 990 |
| 2013 | $7.2M | $6.4M | $3.5M | $1.9M | — | View 990 |
| 2012 | $5.9M | $5.8M | $2.4M | $1.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $20.0M, expenses of $11.0M, and assets of $22.4M (revenue +73.0% year-over-year).
- 2022: Revenue of $11.6M, expenses of $9.5M, and assets of $12.5M (revenue +17.5% year-over-year).
- 2021: Revenue of $9.9M, expenses of $8.7M, and assets of $9.5M (revenue +6.1% year-over-year).
- 2020: Revenue of $9.3M, expenses of $8.4M, and assets of $7.5M (revenue +0.1% year-over-year).
- 2019: Revenue of $9.3M, expenses of $8.2M, and assets of $5.5M (revenue +15.6% year-over-year).
- 2018: Revenue of $8.0M, expenses of $8.0M, and assets of $4.5M (revenue +0.4% year-over-year).
- 2017: Revenue of $8.0M, expenses of $7.8M, and assets of $4.4M (revenue +4.1% year-over-year).
- 2016: Revenue of $7.7M, expenses of $7.7M, and assets of $4.2M (revenue -3.7% year-over-year).
- 2015: Revenue of $8.0M, expenses of $7.9M, and assets of $4.2M (revenue +9.2% year-over-year).
- 2014: Revenue of $7.3M, expenses of $7.0M, and assets of $4.9M (revenue +1.3% year-over-year).
- 2013: Revenue of $7.2M, expenses of $6.4M, and assets of $3.5M (revenue +21.4% year-over-year).
- 2012: Revenue of $5.9M, expenses of $5.8M, and assets of $2.4M.
Data Sources and Methodology
This transparency report for Prince Avenue Christian School 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.