Richmond Christian School Inc
Richmond Christian School consistently maintains positive net income and asset growth with no reported officer compensation.
EIN: 202956397 · Chesterfield, VA · NTEE: B24 · Updated: 2026-03-28
Is Richmond Christian School Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Richmond Christian School Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Richmond Christian School Inc
Richmond Christian School Inc (EIN: 202956397) is a nonprofit organization based in Chesterfield, VA, classified under NTEE code B24. The organization reported total revenue of $3.0M and total assets of $2.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Richmond Christian School Inc'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 Richmond Christian School Inc with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Richmond Christian School Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation, which is highly unusual for an organization of this size with revenues consistently above $2 million.
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 Richmond Christian School Inc's IRS 990 filings:
- Unusually low (0%) reported officer compensation, which may warrant further investigation into how leadership is compensated or structured.
Strengths
The following positive indicators were identified for Richmond Christian School Inc:
- Consistent positive net income, with revenues generally exceeding expenses.
- Steady growth in assets over the past decade, from $1,912,553 in 201507 to $2,992,001 in 202407.
- No reported officer compensation, suggesting a strong commitment to mission-related spending.
- Stable liabilities relative to assets, indicating responsible financial management.
Frequently Asked Questions about Richmond Christian School Inc
Is Richmond Christian School Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Richmond Christian School Inc (EIN: 202956397) some concerns. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
How does Richmond Christian School Inc spend its money?
Richmond Christian School Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Richmond Christian School Inc tax-deductible?
Richmond Christian School Inc is registered as a tax-exempt nonprofit (EIN: 202956397). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Richmond Christian School Inc. manage to operate without any reported officer compensation?
The filings consistently show 0% officer compensation, which could mean officers are volunteers, compensated through other means not reported as 'officer compensation' on the 990, or that the school's leadership structure relies on non-officer employees for management.
What is the specific breakdown of program, administrative, and fundraising expenses?
The provided data does not offer a detailed breakdown of these categories. Further analysis of the full IRS 990 forms would be required to determine the exact percentages.
How does the organization's asset growth compare to its revenue growth over time?
Both assets and revenue have shown a general upward trend over the past decade. For example, revenue grew from $1,572,475 in 201507 to $2,788,138 in 202407, while assets increased from $1,912,553 to $2,992,001 in the same periods, indicating healthy financial expansion.
Filing History
IRS 990 filing history for Richmond Christian School Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Richmond Christian School Inc's revenue has grown by 41.8%, moving from $2.0M to $2.8M. Total assets increased by 49.7% over the same period, from $2.0M to $3.0M. Total functional expenses rose by 38.1%, from $1.9M to $2.7M. In its most recent filing year (2024), Richmond Christian School Inc reported a surplus of $113K, with revenue exceeding expenses. The organization holds $896K in liabilities against $3.0M in assets (debt-to-asset ratio: 30.0%), resulting in net assets of $2.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $2.8M | $2.7M | $3.0M | $896K | — | View 990 |
| 2023 | $2.8M | $2.5M | $2.9M | $895K | — | View 990 |
| 2022 | $2.9M | $2.8M | $2.7M | $985K | — | View 990 |
| 2021 | $2.8M | $2.3M | $2.5M | $949K | — | View 990 |
| 2020 | $2.3M | $2.1M | $2.3M | $1.2M | — | View 990 |
| 2019 | $2.1M | $2.2M | $1.9M | $1.1M | — | View 990 |
| 2018 | $2.1M | $2.0M | $2.1M | $1.1M | — | View 990 |
| 2017 | $1.8M | $1.8M | $1.9M | $989K | — | View 990 |
| 2016 | $1.8M | $1.7M | $1.9M | $1.0M | — | View 990 |
| 2015 | $1.6M | $1.6M | $1.9M | $1.1M | — | View 990 |
| 2014 | $1.3M | $1.3M | $2.0M | $1.2M | — | View 990 |
| 2013 | $1.4M | $1.3M | $2.1M | $1.3M | — | View 990 |
| 2012 | $2.0M | $1.9M | $2.0M | $1.3M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $2.8M, expenses of $2.7M, and assets of $3.0M (revenue -0.6% year-over-year).
- 2023: Revenue of $2.8M, expenses of $2.5M, and assets of $2.9M (revenue -4.5% year-over-year).
- 2022: Revenue of $2.9M, expenses of $2.8M, and assets of $2.7M (revenue +5.1% year-over-year).
- 2021: Revenue of $2.8M, expenses of $2.3M, and assets of $2.5M (revenue +22.1% year-over-year).
- 2020: Revenue of $2.3M, expenses of $2.1M, and assets of $2.3M (revenue +10.8% year-over-year).
- 2019: Revenue of $2.1M, expenses of $2.2M, and assets of $1.9M (revenue +0.3% year-over-year).
- 2018: Revenue of $2.1M, expenses of $2.0M, and assets of $2.1M (revenue +13.9% year-over-year).
- 2017: Revenue of $1.8M, expenses of $1.8M, and assets of $1.9M (revenue -0.6% year-over-year).
- 2016: Revenue of $1.8M, expenses of $1.7M, and assets of $1.9M (revenue +15.7% year-over-year).
- 2015: Revenue of $1.6M, expenses of $1.6M, and assets of $1.9M (revenue +18.6% year-over-year).
- 2014: Revenue of $1.3M, expenses of $1.3M, and assets of $2.0M (revenue -4.2% year-over-year).
- 2013: Revenue of $1.4M, expenses of $1.3M, and assets of $2.1M (revenue -29.6% year-over-year).
- 2012: Revenue of $2.0M, expenses of $1.9M, and assets of $2.0M.
Data Sources and Methodology
This transparency report for Richmond Christian School 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.