Haywood Christian Academy
Legal name: Haywood Christian Academy Inc
Nonprofit profile at a glance
- EIN
- 260569137
- IRS 990 coverage
- 2009–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Waynesville, North Carolina, United States
- Phone
- (828) 627-0229
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Educational Services and Schools - Other
- Affiliation
- Christianity
Reported finances
- Revenue
- $1,846,810
- Expenses
- $1,579,500
- Assets
- $3,847,502
- Liabilities
- $424,501
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
People named in this filing
- Larry Siefferman
- Stephen Buys
- Nan Tritt
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To equip students to learn, serve, and lead Biblically. Today, HCA employs 31 employees, including 16 teachers, 100% holding bachelor's degrees and 19% holding master's degrees. We have approximately 160 students enrolled in the 2025-2026 school year, representing 9 neighboring towns in Western North Carolina. The families at HCA represent a diverse Christian population of 49 churches and 7 denominations. Over the past 18 years, our mission of equipping students to learn, serve, and lead Biblically has not waivered. Having opened the doors on our new campus just 6 short years ago and having completed our new gym in 2021, we anticipate more success for the school as we strive to provide this unique offering in our area. We have been blessed to see.
What it reported doing in 2024
The Mission of Haywood Christian Academy is to develop students into Christian leaders by providing an excellent educational experience on a foundation of Biblical truth.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 73
- Transparency & Controls: 92
- Accountability: 76
- Sustainability: 67
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 68.3%; rating input score 68
- Program expense ratio: 79.6%; rating input score 80
- Fundraising efficiency: $40.98 raised per $1 spent on fundraising; rating input score 74; 74th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 3 of 7 controls in place; rating input score 43
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 14.5%; rating input score 69; 69th percentile among comparable filings
- Total-asset coverage ratio: 2.44; rating input score 70; 70th percentile among comparable filings
- Liabilities to assets ratio: 0.11; rating input score 41; 41st percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings
Growth
- Program expense growth: 6.7% per year; rating input score 100; 50th percentile among comparable filings
- Revenue growth: 4.7% per year; rating input score 100; 42nd percentile among comparable filings
- Asset growth: 12.5% per year; rating input score 100; 66th percentile among comparable filings
Details
- What they do: 1 operating location identified
- Where the money goes: 68.3% of revenue deployed · 79.6% of spending went to programs
- Governance: 6 of 6 board members independent · 3 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $1.3M in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 26 of 26 current checks pass
- Schedules: 7 filed schedules · includes major donors
- Filing history: 11 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Accountability: Governance controls: 3 of 6 not reported.
- Moderate — Sustainability: Liabilities to assets ratio scored 41/100.