Civic Intelligence

The Way Christian Academy

EIN 47-4856144 • 501(c)3 • Hendersonville, NC

Profile

Christ-centerd education for K4 through 12th grade.

1315 Old Spartanburg HwyHendersonville, NC 28792
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

65th percentile

0.01x

Higher debt load relative to assets than 65% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

66th percentile

0.01x

Higher debt load relative to revenue than 66% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

80th percentile

28%

Higher net margin than 80% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

93rd percentile

100%

Faster asset growth than 93% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2024

Revenue Growth

71st percentile

18%

Faster revenue growth than 71% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2024

Balance Sheet
Liabilities / Assets65th percentile

Assets

Up

$322,606

Up $83,602 (+35%) from 2023

Liabilities

Down

$2,075

Down $9,072 (-81%) from 2023

Net Assets

Up

$320,531

Up $92,674 (+41%) from 2023

Operations
Liabilities / Revenue66th percentileNet Margin80th percentile

Revenue

Up

$331,870

Up $5,715 (+1.8%) from 2023

Expenses

Up

$239,196

Up $23,288 (+11%) from 2023

Net Income

Down

$92,674

Down $17,573 (-16%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth93rd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$400K$300K$200K$100K$0Assets 2019: $68,380Liabilities 2019: $0Net Assets 2019: $68,3802019Assets 2020: $26,873Liabilities 2020: $11,174Net Assets 2020: $15,6992020Assets 2021: $40,067Liabilities 2021: $12,373Net Assets 2021: $27,6942021Assets 2023: $239,004Liabilities 2023: $11,147Net Assets 2023: $227,8572023Assets 2024: $322,606Liabilities 2024: $2,075Net Assets 2024: $320,5312024

Highlighted filing

2024

Assets$322,606
Liabilities$2,075
Net Assets$320,531
Open 2024 Filing

Operations Trend

Revenue Growth71st percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$300K$200K$100K$0-$100KRevenue 2019: $33,665Expenses 2019: $28,408Net Income 2019: $5,2572019Revenue 2020: $91,621Expenses 2020: $144,302Net Income 2020: -$52,6812020Revenue 2021: $201,983Expenses 2021: $189,990Net Income 2021: $11,9932021Revenue 2023: $326,155Expenses 2023: $215,908Net Income 2023: $110,2472023Revenue 2024: $331,870Expenses 2024: $239,196Net Income 2024: $92,6742024

Highlighted filing

2024

Revenue$331,870
Expenses$239,196
Net Income$92,674
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$322,606
Liabilities
$2,075
Net assets
$320,531
Revenue
$331,870
Expenses
$239,196
Net income
$92,674
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.23$0.02$3.21$3.32$2.39$0.93
2023Detailed filing. Detailed filing data is available for this year.$2.39$0.11$2.28$3.26$2.16$1.10
2021Detailed filing. Detailed filing data is available for this year.$0.40$0.12$0.28$2.02$1.90$0.12
2020Detailed filing. Detailed filing data is available for this year.$0.27$0.11$0.16$0.92$1.44$0.53
2019Detailed filing. Detailed filing data is available for this year.$0.68$0.00$0.68$0.34$0.28$0.05
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jan 15, 2026
Return Version
2024v5.2
Gross Receipts
$331,870
Mission and Program Overview

Mission

Christ-centerd education for K4 through 12th grade.

Crrist centered education for k4-12th grade

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$239,004$322,606▲ $83,602
Rtn Earn Endowment Incm Other Fnds$70,722$163,396▲ $92,674
Pd in Cap Srpls Land Bldg Eqp Fund$94,012$94,012→ $0
Cap Stk Tr Prin Current Funds$63,123$63,123→ $0
Total Assets$239,004$322,606▲ $83,602
Liabilities
Accounts Payable and Accrued Expenses$11,147$2,075▼ $9,072
Total Liabilities$11,147$2,075▼ $9,072
Net Assets / Fund Balance
Total Net Assets Fund Balance$227,857$320,531▲ $92,674
Total Liabilities and Net Assets / Fund Balance$239,004$322,606▲ $83,602
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Mindy GreeneAdministrator
Danielle JohnsonMember
Luz PaceMember
Debra PridmoreTreas
Revenue and Support

Revenue Composition

Contributions and Grants
$331,870
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$331,870
Change in Net Assets
$92,674
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$172,421
Other Expenses$66,775
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$159,164--$159,164
Payroll Taxes$13,257--$13,257
All Other Expenses$12,008--$12,008
Other Expenses$1,734--$1,734
Fees for Services Accounting$1,645--$1,645
Total Functional Expenses$239,196$0$0$239,196
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

“GORVERNING BODY REVIEWED”

Form 990 availability to public Part VI line 18

“AVAILABLE TO PUBLIC”

Governing documents etc available to public Part VI line 19

“AVAILABLE TO PUBLIC”

Filing and Contact Details

Filer

Filer Name
The Way Christian Academy
EIN
47-4856144
In Care Of
% MINDY GREENE
Phone
8283888846
Address
1315 OLD SPARTANBURG HWY, HENDERSONVILLE, NC 28792

Signing Officer

Name
Mindy Greene
Title
Administrator
Phone
8283888846
Signed
2026-01-15
Discuss with paid preparer
No

Organization Details

Principal Officer
Mindy Greene
Formed
2019
Legal Domicile
Nc
Voting Board Members
4
Independent Board Members
0
Employees
12

Preparer

Firm
Worsham Insurance & Tax Service Inc
Address
PO BOX 888, Hendersonville, NC 28793
Preparer
Cecil a Worsham Jr
Phone
8286934232
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Document Assets

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