NEUSE CHRISTIAN ACADEMY INC

EIN: 611602723 501(c)(3) Education

Raleigh, NC

Total Revenue
$2,984,337
Total Expenses
$2,909,328
Total Assets
$1,374,887
Net Assets
$981,843
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
NC
Principal Officer
Dawn Mocnik
Phone
9198446496
Tax Period
2023-08-01 to 2024-07-31

NEUSE CHRISTIAN ACADEMY INC, founded in 2009, is a community nonprofit in the Education sector that reported $3.0M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

Neuse Christian Academy partners with families by providing a Christ-centered education that prepares children to chose character over career, wisdom beyond scholarship and service before self.

Program Service Accomplishments

Program 1
Expenses: $2,169,319 Revenue: $2,663,067

Providing formal instruction to enrolled students: This school year resulted in increased enrollment and a 100% graduation rate. Over 95% of Neuse Christian Academy's high school graduates continued...

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Providing formal instruction to enrolled students: This school year resulted in increased enrollment and a 100% graduation rate. Over 95% of Neuse Christian Academy's high school graduates continued their education at colleges or universities. The school's fine arts and athletic programs competed on the local and state level. Neuse Christian Academy continues to focus on it's nonprofit purpose of educating enrolled students.

Program 2
Expenses: $132,389 Revenue: $201,176

Providing student support: Neuse Christian Academy provides a cafeteria for students to purchase breakfast and lunch items during the school day. The school also provides an after school program for...

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Providing student support: Neuse Christian Academy provides a cafeteria for students to purchase breakfast and lunch items during the school day. The school also provides an after school program for the benefit of those parents who work and cannot pick up their child at the end of the school day.

Program 3
Expenses: $64,874 Revenue: $43,376

Providing student enrichment programs: Neuse Christian Academy provides opportunities for students to enrich formal instruction by participating in the fine arts and in athletics. These two programs...

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Providing student enrichment programs: Neuse Christian Academy provides opportunities for students to enrich formal instruction by participating in the fine arts and in athletics. These two programs compete locally and state wide.

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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 $65,506
Program Service Revenue $2,907,619
Investment Income $1,847
Other Revenue $9,365
TOTAL REVENUE $2,984,337

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,974,209
Fundraising Expenses $0
Program Expenses $2,366,582
Other Expenses $935,119
TOTAL EXPENSES $2,909,328

Year-over-Year Comparison

2023 2022 Change
Revenue $2,984,337 $2,702,465 +0.1%
Expenses $2,909,328 $2,675,079 +0.1%
Net Income $75,009 $27,386 +1.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
7
Independent Members
7
Employees
67
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
0
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ed Thomas President of Governance Board 2.00
Director
$0 $0 $0
Tony Wisniewski Governance Board Director 2
Director
$0 $0 $0
Shannon Scott Governance Board Director 2
Director
$0 $0 $0
Jason Tovey Governance Board Director 2
Director
$0 $0 $0
Joseph Kelvington Governance Board Director 2
Director
$0 $0 $0
Bonnie Crissman Governance Board Director 2
Director
$0 $0 $0
Sharon Sawyer Governance Board Director 2
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
2025 No data No data No data No data
2024 $2,984,337 $2,909,328 $1,374,887 $75,009
2023 $2,702,465 $2,675,079 $1,320,360 $27,386
2022 $2,423,964 $2,264,894 $1,241,862 $159,070
2021 $2,209,025 $2,175,927 $1,188,147 $33,098
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