THE WAY CHRISTIAN ACADEMY INC (EIN 300942226) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2016

Legal Domicile

Phone

8132396542

Tax Period

2023-01-01 to 2023-12-31

THE WAY CHRISTIAN ACADEMY INC, founded in 2016, is a small nonprofit in the Education sector that reported $777K in total revenue in fiscal year 2023. Revenue surged 26% from the prior year, signaling strong growth momentum.

Mission

The specific purpose for which the corporation is initially organized is to establish and maintain a child/daycare center, and operate a Christian K--12 school, also engage in activities which are necessary, suitable or convenient for the accomplishment of that purpose, or which are incidental thereto or connected therewith which are consistent with Section 501(c)(3) of the Internal Revenue Code. This corporation is organized and operated exclusively for religious purposes within the meaning of Section 501(c)(3),Internal Revenue Code.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $760,917

Program Service Revenue $15,809

Investment Income $0

Other Revenue $0

TOTAL REVENUE $776,726

Expense Breakdown

Grants Paid $0

Salaries & Benefits $301,992

Fundraising Expenses $0

Program Expenses $809,598

Other Expenses $507,606

TOTAL EXPENSES $809,598

Year-over-Year Comparison

	2023	2022	Change
Revenue	$776,726	$615,622	+0.3%
Expenses	$809,598	$567,110	+0.4%
Net Income	$-32,872	$48,512	-1.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

N/A

Employees

Volunteers

N/A

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

Total Directors

$46,800

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LUIS VEGA	President	40.00	Director	$46,800	$0	$46,800
TOM MCINTOSH	Vice President	0.00	Director	$0	$0	$0
JOEL VINCENTE	Treasurer	0.00	Director	$0	$0	$0
VICTORIA VEGA	Director	0.00	Director	$0	$0	$0

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	No data	No data	No data	No data
2023	$776,726	$809,598	$173,772	$-32,872
2022	$615,622	$567,110	$206,250	$48,512

THE WAY CHRISTIAN ACADEMY INC