Destiny Christian Academy

EIN: 273142971 501(c)(3) Education

Saginaw, TX

Total Revenue
$416,116
Total Expenses
$413,475
Total Assets
$272,959
Net Assets
$307,806
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
TX
Principal Officer
Belinda Henson
Phone
8173822322
Tax Period
2023-08-01 to 2024-07-31

Destiny Christian Academy, founded in 2011, is a small nonprofit in the Education sector that reported $416K in total revenue in fiscal year 2023. Revenue fell 35% from the prior year — a significant decline worth monitoring.

Mission

Destiny Christian Academy exists to glorify God by assisting Christian parents in training their children to be Christ-like leaders in their homes, churches, communities and the world.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $133,533
Program Service Revenue $257,199
Investment Income $1,232
Other Revenue $24,152
TOTAL REVENUE $416,116

Expense Breakdown

Grants Paid $32,138
Salaries & Benefits $296,698
Fundraising Expenses $106
Program Expenses $338,825
Other Expenses $84,639
TOTAL EXPENSES $413,475

Year-over-Year Comparison

2023 2022 Change
Revenue $416,116 $636,910 -0.3%
Expenses $413,475 $653,378 -0.4%
Net Income $2,641 $-16,468 -1.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
2
Independent Members
N/A
Employees
46
Volunteers
12

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$68,260
Total Directors
2
$68,260
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Belinda Henson Principal 030.00
Officer Director
$36,000 $0 $36,000
Chantel King Dean of Grammar 030.00
Officer Director
$32,260 $0 $32,260
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $416,116 $413,475 $272,959 $2,641
2023 $636,910 $653,378 $285,065 $-16,468
2022 $779,063 $703,241 $336,093 $75,822
2021 $595,692 $589,265 $252,767 $6,427
2020 $492,889 $501,741 $243,831 $-8,852
2019 $449,589 $467,081 $246,354 $-17,492
2018 $442,983 $434,223 $258,862 $8,760
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