Promised Land Christian Academy Inc
EIN: 831395447 · Kemah, TX · NTEE: P33
Is Promised Land Christian Academy Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Promised Land Christian Academy Inc
Promised Land Christian Academy Inc (EIN: 831395447) is a nonprofit organization based in Kemah, TX, classified under NTEE code P33. The organization reported total revenue of $804K and total assets of $192K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Promised Land Christian Academy Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Promised Land Christian Academy Inc is a small nonprofit that has been operating for 8 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 30.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $918K |
| Surplus / Deficit | +$149K |
| Total Assets | $290K |
| Net Assets | $290K |
| Operating Margin | 14.0% |
| Months of Reserves | 3.8 months |
Financial Health Grade: A
In 2023, Promised Land Christian Academy Inc reported a surplus of $149K with revenue exceeding expenses, holds 3.8 months of operating reserves (adequate).
Financial Trends
Over 5 years of filings (2019–2023), Promised Land Christian Academy Inc's revenue has grown at a compound annual growth rate (CAGR) of 30.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +18.4% | +5.8% | +105.5% |
| 2022 | +56.3% | +92.0% | +30.7% |
| 2021 | +75.4% | +19.0% | — |
| 2020 | -10.2% | +14.4% | -147.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1278 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Promised Land Christian Academy Inc 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 Promised Land Christian Academy Inc 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 $149K, with revenue exceeding expenses.
Frequently Asked Questions about Promised Land Christian Academy Inc
Is Promised Land Christian Academy Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Promised Land Christian Academy Inc (EIN: 831395447) insufficient data. 0 red flags identified, 0 strengths noted.
How does Promised Land Christian Academy Inc spend its money?
Detailed spending breakdown data is not yet available for Promised Land Christian Academy Inc. Check back for updated IRS 990 analysis.
Are donations to Promised Land Christian Academy Inc tax-deductible?
Promised Land Christian Academy Inc is registered as a tax-exempt nonprofit (EIN: 831395447). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Promised Land Christian Academy Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Promised Land Christian Academy Inc's revenue has grown by 191.4%, moving from $366K to $1.1M. Total assets increased by 742.3% over the same period, from $34K to $290K. Total functional expenses rose by 176.7%, from $332K to $918K. In its most recent filing year (2023), Promised Land Christian Academy Inc reported a surplus of $149K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $918K | $290K | $0 | — | — |
| 2022 | $901K | $868K | $141K | $0 | — | View 990 |
| 2021 | $577K | $452K | $108K | $0 | — | View 990 |
| 2020 | $329K | $380K | $-16,511 | $0 | — | — |
| 2019 | $366K | $332K | $34K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $918K, and assets of $290K (revenue +18.4% year-over-year).
- 2022: Revenue of $901K, expenses of $868K, and assets of $141K (revenue +56.3% year-over-year).
- 2021: Revenue of $577K, expenses of $452K, and assets of $108K (revenue +75.4% year-over-year).
- 2020: Revenue of $329K, expenses of $380K, and assets of $-16,511 (revenue -10.2% year-over-year).
- 2019: Revenue of $366K, expenses of $332K, and assets of $34K.
Data Sources and Methodology
This transparency report for Promised Land 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.