SOUTHside Baptist Academy
Legal name: Southside Baptist Academy Inc
Nonprofit profile at a glance
- EIN
- 832394042
- IRS 990 coverage
- 2023–2023
- Official website data refreshed
- Jul 2026
- Forms available
- Form 990 2023, Form 990-EZ 2022
- Location
- Tampa, FL, USA
- Phone
- 8138373334
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Elementary, Secondary Education, K - 12
- Affiliation
- Christianity
Reported finances
- Revenue
- $305,481
- Expenses
- $258,416
- Assets
- $93,154
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- Kerry Nance (President)
People named in this filing
- Kerry Nance (President)
- Amy Nance (Trustee)
- Thomas Templer (Treasurer)
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 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
At Southside Baptist Academy we strive to equip students with skills to enter the real world and reach their full potential and preparing minds to think critically and creatively from a Biblical worldview. Abby Nance graduated from Heartland Baptist Bible College in 2018 with a degree in Christian Education. Shortly after, she earned her TESOL certification and spent a year teaching English. She then spent six months in Sri Lanka, homeschooling three children for an American family. The following year, Abby joined Kforce Inc. as an Immigration Specialist and Technical Recruiter, where she played a key role in developing a six-month intensive training program for new hires. After four years in the corporate world, she felt God calling her to a greater purpose and transitioned back into education, accepting a position at Southside Baptist Academy. []( Southside academy staff_0002_Cathy...
What it reported doing in 2023
We provide an enriched classroom experience for K-4 through 12th grade. Our classes have loving, proficient teachers who not only ensure a quality education.
Operating model
- Revenue model
- Other-operating. 100% of the money available for current operations came from other operating 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. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 76
- Transparency & Controls: 90
- Accountability: 82
- Sustainability: 55
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 79.5%; rating input score 80
- Program expense ratio: 94%; rating input score 94
- 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: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 4 of 7 controls in place; rating input score 57
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Pass
- 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: 15.4%; rating input score 69; 69th percentile among comparable filings
- Total-asset coverage ratio: 0.36; rating input score 18; 18th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 81; 81st percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 61.4% per year; rating input score 100; 98th percentile among comparable filings
- Asset growth: 42.3% per year; rating input score 100; 95th percentile among comparable filings
Details
- What they do: 1 programs and campaigns described on the official site
- Where the money goes: 79.5% of revenue deployed · 94% of spending went to programs
- Governance: 4 of 4 board members independent · 4 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $243K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 16 of 16 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- 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.
- Review — Accountability: Governance controls: 2 of 6 not reported.
- High — Sustainability: Total-asset coverage ratio scored 18/100.