Victory Christian Acadamy Inc
EIN: 391991171 · Milwaukee, WI · NTEE: B240
| Metric | Value |
|---|---|
| Total Revenue | $4.5M |
| Total Expenses | $3.5M |
| Net Assets | $412K |
Is Victory Christian Acadamy Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Victory Christian Acadamy Inc
Victory Christian Acadamy Inc (EIN: 391991171) is a nonprofit organization based in Milwaukee, WI, classified under NTEE code B240. The organization reported total revenue of $4.5M and total assets of $17.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Victory Christian Acadamy Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Victory Christian Acadamy Inc is a mid-size nonprofit that has been operating for 25 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.0M |
| Total Expenses | $3.5M |
| Surplus / Deficit | $-496,275 |
| Total Assets | $4.0M |
| Total Liabilities | $3.6M |
| Net Assets | $412K |
| Operating Margin | -16.3% |
| Debt-to-Asset Ratio | 89.7% |
| Months of Reserves | 13.6 months |
Financial Health Grade: C
In 2023, Victory Christian Acadamy Inc reported a deficit of $496K with expenses exceeding revenue, holds 13.6 months of operating reserves (strong position), has a debt-to-asset ratio of 89.7% (high leverage).
Financial Trends
Over 11 years of filings (2011–2023), Victory Christian Acadamy Inc's revenue has grown at a compound annual growth rate (CAGR) of 13.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.7% | +19.0% | +94.2% |
| 2022 | +3.2% | +24.6% | +9.2% |
| 2021 | -0.5% | +9.9% | +11.2% |
| 2020 | +30.7% | +11.3% | +41.9% |
| 2019 | +8.7% | +9.3% | +251.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Victory Christian Acadamy 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 Victory Christian Acadamy 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 deficit of $496K, with expenses exceeding revenue.
- Debt-to-asset ratio: 89.7%.
Frequently Asked Questions about Victory Christian Acadamy Inc
Is Victory Christian Acadamy Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Victory Christian Acadamy Inc (EIN: 391991171) insufficient data. 0 red flags identified, 0 strengths noted.
How does Victory Christian Acadamy Inc spend its money?
Detailed spending breakdown data is not yet available for Victory Christian Acadamy Inc. Check back for updated IRS 990 analysis.
Are donations to Victory Christian Acadamy Inc tax-deductible?
Victory Christian Acadamy Inc is registered as a tax-exempt nonprofit (EIN: 391991171). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Victory Christian Acadamy Inc located?
Victory Christian Acadamy Inc is headquartered in Milwaukee, Wisconsin and files with the IRS under EIN 391991171. It is classified under NTEE code B240.
How many years of IRS 990 filings does Victory Christian Acadamy Inc have?
Victory Christian Acadamy Inc has 11 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $4.5M in total revenue.
Filing History
IRS 990 filing history for Victory Christian Acadamy Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Victory Christian Acadamy Inc's revenue has grown by 368.2%, moving from $650K to $3.0M. Total assets increased by 1562.2% over the same period, from $241K to $4.0M. Total functional expenses rose by 468.2%, from $623K to $3.5M. In its most recent filing year (2023), Victory Christian Acadamy Inc reported a deficit of $496K, with expenses exceeding revenue. The organization holds $3.6M in liabilities against $4.0M in assets (debt-to-asset ratio: 89.7%), resulting in net assets of $412K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.0M | $3.5M | $4.0M | $3.6M | — | View 990 |
| 2022 | $2.7M | $3.0M | $2.1M | $1.2M | — | View 990 |
| 2021 | $2.6M | $2.4M | $1.9M | $1.0M | — | View 990 |
| 2020 | $2.6M | $2.2M | $1.7M | $1.0M | — | View 990 |
| 2019 | $2.0M | $2.0M | $1.2M | $934K | — | View 990 |
| 2018 | $1.8M | $1.8M | $341K | $109K | — | View 990 |
| 2017 | $1.6M | $1.6M | $306K | $106K | — | View 990 |
| 2014 | $981K | $944K | $150K | $102K | — | View 990 |
| 2013 | $737K | $725K | $130K | $118K | — | View 990 |
| 2012 | $703K | $711K | $170K | $170K | — | View 990 |
| 2011 | $650K | $623K | $241K | $233K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.0M, expenses of $3.5M, and assets of $4.0M (revenue +14.7% year-over-year).
- 2022: Revenue of $2.7M, expenses of $3.0M, and assets of $2.1M (revenue +3.2% year-over-year).
- 2021: Revenue of $2.6M, expenses of $2.4M, and assets of $1.9M (revenue -0.5% year-over-year).
- 2020: Revenue of $2.6M, expenses of $2.2M, and assets of $1.7M (revenue +30.7% year-over-year).
- 2019: Revenue of $2.0M, expenses of $2.0M, and assets of $1.2M (revenue +8.7% year-over-year).
- 2018: Revenue of $1.8M, expenses of $1.8M, and assets of $341K (revenue +17.4% year-over-year).
- 2017: Revenue of $1.6M, expenses of $1.6M, and assets of $306K (revenue +58.1% year-over-year).
- 2014: Revenue of $981K, expenses of $944K, and assets of $150K (revenue +33.1% year-over-year).
- 2013: Revenue of $737K, expenses of $725K, and assets of $130K (revenue +4.8% year-over-year).
- 2012: Revenue of $703K, expenses of $711K, and assets of $170K (revenue +8.1% year-over-year).
- 2011: Revenue of $650K, expenses of $623K, and assets of $241K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Victory Christian Acadamy Inc:
Data Sources and Methodology
This transparency report for Victory Christian Acadamy 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.