BEducationEIN: 560937179· Ruling Year: 1969

Halifax Academy A Christian School Inc

Roanoke Rapid, North Carolina

A-Health Score
82A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

How This Organization Compares

Compared to 4 peers in Education with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.13×
Peer Median20.77×
💰
$2.4M
Total Revenue
📊
$2.1M
Total Expenses
🏦
$2.4M
Net Assets
📋
$180K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+11.0%
Year-over-year change (2023 → 2024)
Net Margin
+12.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.13
Net assets divided by total expenses
Liabilities-to-Assets
6.9%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2024$2,439,45711%$2,129,7634%$2,587,90212%
2023$2,197,9216%$2,048,41510%$2,925,6199%
2022$2,348,38019%$1,865,1714%$2,691,23011%
2021$1,965,55912%$1,795,2948%$2,417,43317%
2020$1,750,1399%$1,668,8794%$2,070,45014%
2019$1,915,0121%$1,742,8484%$1,823,7394%
2018$1,902,6731%$1,813,894$1,754,4009%
2017$1,922,152$1,817,0611%$1,614,24810%
2016$1,914,2966%$1,792,4646%$1,469,0576%
2015$1,811,9013%$1,698,1645%$1,387,02313%
2014$1,862,6562%$1,782,2662%$1,225,4484%
2013$1,896,21110%$1,810,04116%$1,182,0904%
2012$2,114,2734%$2,145,9758%$1,135,5679%
2011$2,208,953$2,321,457$1,252,404

Frequently Asked Questions

What does Halifax Academy A Christian School Inc do?

Halifax Academy A Christian School Inc is a education nonprofit organization based in North Carolina. It is classified under NTEE code B20Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Halifax Academy A Christian School Inc financially healthy?

Based on our 9-metric Financial Health Score model, Halifax Academy A Christian School Inc has a score of 82/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Halifax Academy A Christian School Inc generate?

Halifax Academy A Christian School Inc reports $2.9M in annual revenue and holds $3.1M in total assets, based on IRS filings.

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