Binghampton Christian Academy Inc

EIN: 621555775 501(c)(3)

MEMPHIS, TN

Total Revenue
$1,520,918
Total Expenses
$1,621,672
Total Assets
$4,867,560
Net Assets
$4,865,443
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
TN
Phone
9013234092
Tax Period
2024-07-01 to 2025-06-30

Binghampton Christian Academy Inc, founded in 1993, is a community nonprofit that reported $1.5M in total revenue in fiscal year 2024. Revenue fell 41% from the prior year — a significant decline worth monitoring. Net assets of $4.9M represent 38 months of operating reserves.

Mission

Binghampton Christian Academy is a private, Christian day and boarding school that serves the Binghampton community. Our mission is to develop students who honor and glorify God, promote spiritual and academic excellence, and encourage them to become productive, Godly leaders.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,406,899
Program Service Revenue $11,831
Investment Income $87,556
Other Revenue $14,632
TOTAL REVENUE $1,520,918

Expense Breakdown

Grants Paid $0
Salaries & Benefits $884,584
Fundraising Expenses $72,291
Program Expenses $942,913
Other Expenses $737,088
TOTAL EXPENSES $1,621,672

Year-over-Year Comparison

2024 2023 Change
Revenue $1,520,918 $2,567,131 -0.4%
Expenses $1,621,672 $1,530,742 +0.1%
Net Income $-100,754 $1,036,389 -1.1%
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

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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
Employees
30
Volunteers
300

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
1
$87,054
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Alonzo Brown Trustee 2.0
Director
$0 $0 $0
Dr Murphysteen Counts Secretary 2.0
Director
$0 $0 $0
Elizabeth Holmes Trustee 2.0
Director
$0 $0 $0
Helen Norman Trustee 2.0
Director
$0 $0 $0
Katie Dickinson Trustee 2.0
Director
$0 $0 $0
Mary Dicken Trustee 2.0
Director
$0 $0 $0
Mary Forsdick Trustee 2.0
Director
$0 $0 $0
Matthew Watkins Trustee 2.0
Director
$0 $0 $0
Pamela Hill Chairman 2.0
Director
$0 $0 $0
Paxton Ivy Treasurer 2.0
Director
$0 $0 $0
Marquita Carter School Principal 40.0
Officer
$80,185 $6,869 $87,054
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 $1,520,918 $1,621,672 $4,867,560 $-100,754
2024 $2,567,131 $1,530,742 $4,785,574 $1,036,389
2023 $1,713,327 $1,504,715 $4,339,295 $208,612
2022 $1,773,915 $1,407,389 $3,934,907 $366,526
2021 $1,794,024 $1,325,940 $4,362,336 $468,084
2020 $1,655,078 $1,387,059 $3,352,263 $268,019
2019 $2,107,140 $1,421,058 $2,685,689 $686,082
2018 $2,006,693 $1,478,981 $1,891,388 $527,712
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