Homestead Christian Academy Inc
Nonprofit profile at a glance
- EIN
- 203615366
- IRS 990 coverage
- 2012–2025
- Forms available
- Form 990 2025
- Location
- Homestead, FL, USA
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Kindergarten, Preschool, Nursery School, Early Admissions
- Affiliation
- Christianity
Reported finances
- Revenue
- $1,323,679
- Expenses
- $1,385,321
- Assets
- $1,638,665
- Liabilities
- $1,203,173
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- DENISE VASCONCELLOS (PRESIDENT)
Highest reported compensation
- DENISE VASCONCELLOS (PRESIDENT): $69,000 total reported compensation
- NICOLE WEPPNER (SECRETARY): $69,000 total reported compensation
- MARIA LOPEZ (DIRECTOR): $21,500 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Homestead christian academy strives to achieve and to empower students today for a better tomorrow by providing them the right education, nutrition and social skills
What it reported doing in 2025
To provide students in low income areas with the knoweledge and skills to successfully compete in this constantly changing and interdependent global community.
Operating model
- Revenue model
- Earned-program. 83% of the money available for current operations came from fees and other program revenue.
- 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. Expenses are high relative to revenue and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 82
- Transparency & Controls: 100
- Accountability: 76
- Sustainability: 28
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 94.5%; rating input score 94
- Program expense ratio: 90.1%; rating input score 90
- Fundraising efficiency: Limited
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: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 75%; rating input score 75; 19th percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -4.7%; rating input score 20; 20th percentile among comparable filings
- Total-asset coverage ratio: 1.18; rating input score 48; 48th percentile among comparable filings
- Liabilities to assets ratio: 0.73; rating input score 7; 7th percentile among comparable filings
- Officer compensation ratio: 11.5%; rating input score 33; 33rd percentile among comparable filings
Growth
- Program expense growth: 8.6% per year; rating input score 100; 52nd percentile among comparable filings
- Revenue growth: 6.9% per year; rating input score 100; 48th percentile among comparable filings
- Asset growth: 20.2% per year; rating input score 100; 79th percentile among comparable filings
Details
- Where the money goes: 94.5% of revenue deployed · 90.1% of spending went to programs
- Governance: 3 of 4 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $1.2M in reported program spending
- Leadership: top reported pay $69K · 6 people listed
- Consistency: 25 of 25 current checks pass
- Schedules: 4 filed schedules
- Filing history: 14 filing years from 2012 to 2025
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 20/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 48/100.
- High — Sustainability: Liabilities to assets ratio scored 7/100.
- Moderate — Sustainability: Officer compensation ratio scored 33/100.