THE WAY CHRISTIAN ACADEMY

EIN: 474856144 501(c)(3) Education

HENDERSONVILLE, NC

Total Revenue
$277,515
Total Expenses
$305,376
Total Assets
$294,745
Net Assets
$294,745
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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
2019
Legal Domicile
NC
Principal Officer
MENDY GREEN
Phone
8283888846
Tax Period
2025-01-01 to 2025-12-31

THE WAY CHRISTIAN ACADEMY, founded in 2019, is a small nonprofit in the Education sector that reported $278K in total revenue in fiscal year 2025. Expenses of $305K exceeded revenue, resulting in a 10% operating deficit.

Mission

CHRIST CENTERED EDUCATION FOR K4-12TH GRADE

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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 (2025)

Revenue Breakdown

Contributions & Grants $277,515
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $277,515

Expense Breakdown

Grants Paid $0
Salaries & Benefits $183,069
Fundraising Expenses $0
Program Expenses $305,376
Other Expenses $122,307
TOTAL EXPENSES $305,376

Year-over-Year Comparison

2025 2024 Change
Revenue $277,515 $277,515 N/A
Expenses $305,376 $139,260 +1.2%
Net Income $-27,861 $138,255 -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
4
Independent Members
N/A
Employees
11
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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MENDY GREEN ADMINISTRATOR 40.00
Officer
$0 $0 $0
DANIELLE JOHNSON MEMBER 5.00
Officer
$0 $0 $0
LUZ PACE MEMBER 20.00
Officer
$0 $0 $0
DEBRA PRIDMORE TREAS 40.00
Officer
$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
2025 $277,515 $305,376 $294,745 $-27,861
2024 $331,870 $239,196 $322,606 $92,674
2023 $326,155 $215,908 $239,004 $110,247
2021 $201,983 $189,990 $40,067 $11,993
2020 $91,621 $144,302 $26,873 $-52,681
2019 $33,665 $28,408 $68,380 $5,257
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