Soaring Eagles Christian Academy
Soaring Eagles Christian Academy faces significant financial decline with consistently low revenue and assets.
EIN: 200024602 · Pickens, SC · NTEE: B20 · Updated: 2026-03-28
About Soaring Eagles Christian Academy
Soaring Eagles Christian Academy (EIN: 200024602) is a nonprofit organization based in Pickens, SC, classified under NTEE code B20. The organization reported total revenue of $2K and total assets of $14K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Soaring Eagles Christian Academy'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 Soaring Eagles Christian Academy with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Soaring Eagles Christian Academy allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating either an entirely volunteer-run leadership or that compensation is structured in a way not reported as officer pay, which is unusual for an organization operating for over a decade.
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 Soaring Eagles Christian Academy's IRS 990 filings:
- Significant and consistent decline in revenue over the past several years, from $103,394 in 2016 to $5,110 in 2023.
- Expenses frequently exceed revenue, indicating potential operational unsustainability (e.g., 2023: $6,636 expenses vs. $5,110 revenue).
- Very low current assets ($13,559) relative to its operational history, limiting financial resilience.
- Consistent reporting of 0% officer compensation for over a decade, which, while transparent, is unusual for an established organization and might warrant further investigation into leadership structure and support.
Strengths
The following positive indicators were identified for Soaring Eagles Christian Academy:
- Consistent reporting of zero officer compensation, indicating a potentially volunteer-driven leadership or high transparency in this area.
- No reported liabilities across all available filings, suggesting a debt-free financial position.
- Long filing history (13 filings) indicates consistent compliance with IRS reporting requirements.
Frequently Asked Questions about Soaring Eagles Christian Academy
What specific educational programs does Soaring Eagles Christian Academy currently offer given its very low revenue and assets?
With latest revenue at $2,321 and assets at $13,559, the scope of educational programs would likely be extremely limited, possibly indicating a very small school, tutoring service, or a dormant organization.
How does Soaring Eagles Christian Academy sustain operations with expenses frequently exceeding revenue, such as in 2023 ($6,636 expenses vs. $5,110 revenue)?
The organization likely relies on prior year surpluses, small reserves, or informal contributions not fully captured as revenue to cover shortfalls, or it may be drawing down its modest asset base.
Why has the organization's revenue declined so drastically from $103,394 in 2016 to $5,110 in 2023?
This significant decline could be due to a loss of major funding sources, decreased enrollment, changes in community support, or a shift in operational focus and scale.
Filing History
IRS 990 filing history for Soaring Eagles Christian Academy showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Soaring Eagles Christian Academy's revenue has declined by 94.9%, moving from $100K to $5K. Total functional expenses fell by 92.3%, from $86K to $7K. In its most recent filing year (2023), Soaring Eagles Christian Academy reported a deficit of $2K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $5K | $7K | $15K | $0 | — | View 990 |
| 2022 | $11K | $6K | $16K | $0 | — | View 990 |
| 2021 | $16K | $19K | $11K | $0 | — | — |
| 2020 | $16K | $12K | $14K | $0 | — | — |
| 2019 | $11K | $15K | $6K | $0 | — | View 990 |
| 2018 | $33K | $34K | $10K | $0 | — | View 990 |
| 2017 | $64K | $64K | $5K | $119K | — | View 990 |
| 2016 | $103K | $92K | $14K | $109K | — | View 990 |
| 2015 | $87K | $87K | $10K | $117K | — | View 990 |
| 2014 | $72K | $85K | $10K | $117K | — | View 990 |
| 2013 | $122K | $117K | $1K | $108K | — | View 990 |
| 2012 | $131K | $107K | $3K | $137K | — | View 990 |
| 2011 | $100K | $86K | $-43,377 | $111K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5K, expenses of $7K, and assets of $15K (revenue -54.5% year-over-year).
- 2022: Revenue of $11K, expenses of $6K, and assets of $16K (revenue -27.5% year-over-year).
- 2021: Revenue of $16K, expenses of $19K, and assets of $11K (revenue -5.7% year-over-year).
- 2020: Revenue of $16K, expenses of $12K, and assets of $14K (revenue +46.3% year-over-year).
- 2019: Revenue of $11K, expenses of $15K, and assets of $6K (revenue -65.9% year-over-year).
- 2018: Revenue of $33K, expenses of $34K, and assets of $10K (revenue -48.4% year-over-year).
- 2017: Revenue of $64K, expenses of $64K, and assets of $5K (revenue -38.2% year-over-year).
- 2016: Revenue of $103K, expenses of $92K, and assets of $14K (revenue +19.4% year-over-year).
- 2015: Revenue of $87K, expenses of $87K, and assets of $10K (revenue +19.8% year-over-year).
- 2014: Revenue of $72K, expenses of $85K, and assets of $10K (revenue -40.9% year-over-year).
- 2013: Revenue of $122K, expenses of $117K, and assets of $1K (revenue -6.4% year-over-year).
- 2012: Revenue of $131K, expenses of $107K, and assets of $3K (revenue +31.1% year-over-year).
- 2011: Revenue of $100K, expenses of $86K, and assets of $-43,377.
Data Sources and Methodology
This transparency report for Soaring Eagles Christian Academy 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.