Solid Rock Christian Academy Of Morton
EIN: 874313287 · Morton, IL · NTEE: B24
| Metric | Value |
|---|---|
| Total Revenue | $493K |
| Total Expenses | $74K |
| Net Assets | $429K |
Is Solid Rock Christian Academy Of Morton Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Solid Rock Christian Academy Of Morton
Solid Rock Christian Academy Of Morton (EIN: 874313287) is a nonprofit organization based in Morton, IL, classified under NTEE code B24. The organization reported total revenue of $493K and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Solid Rock Christian Academy Of Morton's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Solid Rock Christian Academy Of Morton 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 11.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $267K |
| Total Expenses | $74K |
| Surplus / Deficit | +$193K |
| Total Assets | $765K |
| Total Liabilities | $336K |
| Net Assets | $429K |
| Operating Margin | 72.2% |
| Debt-to-Asset Ratio | 43.9% |
| Months of Reserves | 123.7 months |
Financial Health Grade: A
In 2023, Solid Rock Christian Academy Of Morton reported a surplus of $193K with revenue exceeding expenses, holds 123.7 months of operating reserves (strong position), has a debt-to-asset ratio of 43.9% (moderate leverage).
Financial Trends
Over 2 years of filings (2022–2023), Solid Rock Christian Academy Of Morton's revenue has grown at a compound annual growth rate (CAGR) of 11.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.0% | +2068.6% | +223.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1270 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Solid Rock Christian Academy Of Morton 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 Solid Rock Christian Academy Of Morton 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 $193K, with revenue exceeding expenses.
- Debt-to-asset ratio: 43.9%.
Frequently Asked Questions about Solid Rock Christian Academy Of Morton
Is Solid Rock Christian Academy Of Morton a legitimate charity?
Based on AI analysis of IRS 990 filings, Solid Rock Christian Academy Of Morton (EIN: 874313287) insufficient data. 0 red flags identified, 0 strengths noted.
How does Solid Rock Christian Academy Of Morton spend its money?
Detailed spending breakdown data is not yet available for Solid Rock Christian Academy Of Morton. Check back for updated IRS 990 analysis.
Are donations to Solid Rock Christian Academy Of Morton tax-deductible?
Solid Rock Christian Academy Of Morton is registered as a tax-exempt nonprofit (EIN: 874313287). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Solid Rock Christian Academy Of Morton located?
Solid Rock Christian Academy Of Morton is headquartered in Morton, Illinois and files with the IRS under EIN 874313287. It is classified under NTEE code B24.
How many years of IRS 990 filings does Solid Rock Christian Academy Of Morton have?
Solid Rock Christian Academy Of Morton 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 $493K in total revenue.
Filing History
IRS 990 filing history for Solid Rock Christian Academy Of Morton showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Solid Rock Christian Academy Of Morton's revenue has grown by 11%, moving from $240K to $267K. Total assets increased by 223.1% over the same period, from $237K to $765K. Total functional expenses rose by 2068.6%, from $3K to $74K. In its most recent filing year (2023), Solid Rock Christian Academy Of Morton reported a surplus of $193K, with revenue exceeding expenses. The organization holds $336K in liabilities against $765K in assets (debt-to-asset ratio: 43.9%), resulting in net assets of $429K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $267K | $74K | $765K | $336K | — | View 990 |
| 2022 | $240K | $3K | $237K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Solid Rock Christian Academy Of Morton:
Data Sources and Methodology
This transparency report for Solid Rock Christian Academy Of Morton 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.