RALEIGH, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)NORTH RALEIGH CHRISTIAN ACADEMY INC, founded in 1996, is a mid-sized nonprofit in the Education sector that reported $18.0M in total revenue in fiscal year 2024. Expenses of $17.5M left a modest 3% surplus.
NRCA IS A COMMUNITY CHRISTIAN SCHOOL ASSISTING FAMILIES BY PROVIDING EXCELLENCE IN ACADEMICS, FINE ARTS, AND ATHLETICS WHILE INSTILLING BIBLICAL PRINCIPLES IN STUDENTS' LIVES THAT THEY MIGHT IMPACT THEIR SOCIETY FOR CHRIST.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $18,048,566 | $18,950,710 | 0.0% |
| Expenses | $17,489,124 | $16,719,848 | +0.0% |
| Net Income | $559,442 | $2,230,862 | -0.7% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| WILLIAM DANNY COX | PRESIDENT (07/01/2024-01/31/2025) | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| BOBBY MURRAY | VICE PRESIDENT | 8.00 |
Officer
Director
|
$0 | $0 | $0 |
| GEORGE FLYTHE | PRESIDENT (02/01/2025-CURRENT) | 8.00 |
Officer
Director
|
$0 | $0 | $0 |
| RAY KIRK | TREASURER | 8.00 |
Officer
Director
|
$0 | $0 | $0 |
| ADRIAN ARBELAEZ | MEMBER | 4.00 |
Director
|
$0 | $0 | $0 |
| MIKE GARRETT | MEMBER | 4.00 |
Director
|
$0 | $0 | $0 |
| KEN MARTIN | MEMBER | 4.00 |
Director
|
$0 | $0 | $0 |
| STEVE MCKINION | MEMBER | 4.00 |
Director
|
$0 | $0 | $0 |
| DR BILL PARSONS | MEMBER | 4.00 |
Director
|
$0 | $0 | $0 |
| JAY STOTT | MEMBER | 4.00 |
Director
|
$0 | $0 | $0 |
| ADAM YOUNG | SECRETARY (02/01/2025-CURRENT) | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| SCOTT FOSTER | MEMBER | 4.00 |
Director
|
$0 | $0 | $0 |
| CRAIG JONKERS | MEMBER | 4.00 |
Director
|
$0 | $0 | $0 |
| MIKE POWERS | MEMBER | 4.00 |
Director
|
$0 | $0 | $0 |
| JARED RICHARDS | MEMBER | 4.00 |
Director
|
$0 | $0 | $0 |
| KEVIN MATHES | SUPERINTENDENT | 40.00 |
Officer
|
$174,209 | $26,241 | $200,450 |
| RICHARD COREY | DIRECTOR OF FINANCE | 40.00 |
Officer
|
$178,894 | $33,887 | $212,781 |
| THOMAS HASSERT | UPPER ELEMENTARY & MIDDLE SCHOOL PRINCIPAL | 40.00 |
Highest
|
$111,094 | $26,693 | $137,787 |
| BRUCE DIAL | HIGH SCHOOL PRINCIPAL | 40.00 |
Highest
|
$104,262 | $10,960 | $115,222 |
| CHRISTOPHER RIVERA | DEAN OF STUDENTS | 40.00 |
Highest
|
$103,568 | $28,066 | $131,634 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $18,048,566 | $17,489,124 | $52,668,700 | $559,442 |
| 2024 | $18,950,710 | $16,719,848 | $54,609,540 | $2,230,862 |
| 2023 | $16,327,968 | $15,560,642 | $51,980,854 | $767,326 |
| 2022 | $15,888,714 | $14,426,526 | $50,620,236 | $1,462,188 |
| 2021 | $15,666,768 | $13,363,098 | $49,001,622 | $2,303,670 |
| 2020 | $14,251,543 | $13,873,179 | $47,150,208 | $378,364 |
| 2019 | $14,297,109 | $13,951,373 | $45,175,101 | $345,736 |
Compare NORTH RALEIGH CHRISTIAN ACADEMY INC with other nonprofits in North Carolina and across the country.