Southport Christian School
EIN: 311475545 · Southport, NC · NTEE: B24P
Is Southport Christian School Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Southport Christian School
Southport Christian School (EIN: 311475545) is a nonprofit organization based in Southport, NC, classified under NTEE code B24P. The organization reported total revenue of $1.4M and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Southport Christian School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Southport Christian School is a mid-size nonprofit that has been operating for 29 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 4.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $1.3M |
| Surplus / Deficit | $-73,413 |
| Total Assets | $1.7M |
| Total Liabilities | $211K |
| Net Assets | $1.5M |
| Operating Margin | -5.8% |
| Debt-to-Asset Ratio | 12.6% |
| Months of Reserves | 15.1 months |
Financial Health Grade: B
In 2023, Southport Christian School reported a deficit of $73K with expenses exceeding revenue, holds 15.1 months of operating reserves (strong position), has a debt-to-asset ratio of 12.6% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Southport Christian School's revenue has grown at a compound annual growth rate (CAGR) of 4.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -9.3% | +7.1% | -2.7% |
| 2022 | -25.1% | +12.1% | +9.8% |
| 2021 | +93.0% | +8.2% | +22.2% |
| 2020 | -6.2% | +1.0% | -3.7% |
| 2019 | +14.7% | +13.9% | -3.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2700 |
| IRS Ruling Date | 1997 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Southport Christian School 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 Southport Christian School 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 deficit of $73K, with expenses exceeding revenue.
- Debt-to-asset ratio: 12.6%.
Frequently Asked Questions about Southport Christian School
Is Southport Christian School a legitimate charity?
Based on AI analysis of IRS 990 filings, Southport Christian School (EIN: 311475545) insufficient data. 0 red flags identified, 0 strengths noted.
How does Southport Christian School spend its money?
Detailed spending breakdown data is not yet available for Southport Christian School. Check back for updated IRS 990 analysis.
Are donations to Southport Christian School tax-deductible?
Southport Christian School is registered as a tax-exempt nonprofit (EIN: 311475545). 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 Southport Christian School showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Southport Christian School's revenue has grown by 75.5%, moving from $716K to $1.3M. Total assets increased by 744.1% over the same period, from $199K to $1.7M. Total functional expenses rose by 120.1%, from $604K to $1.3M. In its most recent filing year (2023), Southport Christian School reported a deficit of $73K, with expenses exceeding revenue. The organization holds $211K in liabilities against $1.7M in assets (debt-to-asset ratio: 12.6%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $1.3M | $1.7M | $211K | — | — |
| 2022 | $1.4M | $1.2M | $1.7M | $184K | — | View 990 |
| 2021 | $1.8M | $1.1M | $1.6M | $174K | — | — |
| 2020 | $959K | $1.0M | $1.3M | $631K | — | View 990 |
| 2019 | $1.0M | $1.0M | $1.3M | $616K | — | View 990 |
| 2018 | $891K | $889K | $1.4M | $679K | — | View 990 |
| 2017 | $966K | $854K | $1.4M | $674K | — | View 990 |
| 2016 | $1.0M | $866K | $1.2M | $648K | — | View 990 |
| 2015 | $855K | $883K | $1.1M | $717K | — | View 990 |
| 2014 | $788K | $779K | $1.1M | $694K | — | View 990 |
| 2013 | $941K | $652K | $530K | $86K | — | View 990 |
| 2012 | $670K | $641K | $258K | $102K | — | View 990 |
| 2011 | $634K | $598K | $215K | $89K | — | View 990 |
| 2010 | $716K | $604K | $199K | $108K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $1.3M, and assets of $1.7M (revenue -9.3% year-over-year).
- 2022: Revenue of $1.4M, expenses of $1.2M, and assets of $1.7M (revenue -25.1% year-over-year).
- 2021: Revenue of $1.8M, expenses of $1.1M, and assets of $1.6M (revenue +93.0% year-over-year).
- 2020: Revenue of $959K, expenses of $1.0M, and assets of $1.3M (revenue -6.2% year-over-year).
- 2019: Revenue of $1.0M, expenses of $1.0M, and assets of $1.3M (revenue +14.7% year-over-year).
- 2018: Revenue of $891K, expenses of $889K, and assets of $1.4M (revenue -7.7% year-over-year).
- 2017: Revenue of $966K, expenses of $854K, and assets of $1.4M (revenue -6.7% year-over-year).
- 2016: Revenue of $1.0M, expenses of $866K, and assets of $1.2M (revenue +21.1% year-over-year).
- 2015: Revenue of $855K, expenses of $883K, and assets of $1.1M (revenue +8.5% year-over-year).
- 2014: Revenue of $788K, expenses of $779K, and assets of $1.1M (revenue -16.3% year-over-year).
- 2013: Revenue of $941K, expenses of $652K, and assets of $530K (revenue +40.5% year-over-year).
- 2012: Revenue of $670K, expenses of $641K, and assets of $258K (revenue +5.8% year-over-year).
- 2011: Revenue of $634K, expenses of $598K, and assets of $215K (revenue -11.5% year-over-year).
- 2010: Revenue of $716K, expenses of $604K, and assets of $199K.
Data Sources and Methodology
This transparency report for Southport 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.