CAROLINA CHRISTIAN ACADEMY (EIN 560958163) - 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

1969

Legal Domicile

Phone

3364728950

Tax Period

2024-07-01 to 2025-06-30

CAROLINA CHRISTIAN ACADEMY, founded in 1969, is a community nonprofit that reported $2.0M in total revenue in fiscal year 2024. Revenue surged 92% from the prior year, signaling strong growth momentum. The organization ran a surplus of $839K, a strong 42% operating margin.

Mission

EDUCATIONAL INSTRUCITON FOR STUDENTS IN PREK-12TH GRADES.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $1,439,186

Program Service Revenue $318,646

Investment Income $186,601

Other Revenue $70,880

TOTAL REVENUE $2,015,313

Expense Breakdown

Grants Paid $0

Salaries & Benefits $566,092

Fundraising Expenses $0

Program Expenses $1,015,165

Other Expenses $610,146

TOTAL EXPENSES $1,176,238

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,015,313	$1,052,347	+0.9%
Expenses	$1,176,238	$1,014,025	+0.2%
Net Income	$839,075	$38,322	+20.9%

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

Employees

Volunteers

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

$92,425

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID BLACK	PRESIDENT	40.00	Officer	$49,079	$0	$49,079
CHRISTINA BLACK	ADMINISTRATOR	40.00	Officer	$43,346	$0	$43,346
MICHAEL HUFF	MEMBER AT LARGE	0.00	Director	$0	$0	$0
DAVID SHRUM	FINANCE COMMITEE CHAIR	0.00	Officer	$0	$0	$0
DAVID SMITH	SECRETARY	0.00	Officer	$0	$0	$0
TIM SMITH	VICE-CHAIRMAN	0.00	Officer	$0	$0	$0
JULIO VAZQUEZ	BOARD CHAIR	0.00	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	$2,015,313	$1,176,238	$2,589,821	$839,075
2024	$1,052,347	$1,014,025	$1,411,161	$38,322
2023	$841,213	$807,850	$521,668	$33,363
2022	$556,827	$549,327	$1,486,750	$7,500
2021	$391,524	$369,286	$1,384,953	$22,238

CAROLINA CHRISTIAN ACADEMY