Mid-atlantic Christian University Inc is a 501(c)(3) organization based in Elizabeth Cty, North Carolina, registered in 1977, with $10,172,554 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$10.2M
▲ 115.9% vs prior year
Education median: $200K
Expenses (FY2023)
$6.5M
Net assets
$7.9M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Mid-atlantic Christian University Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Mid-atlantic Christian University Inc: 15 mo reserves · +36% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Mid-atlantic Christian University Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Mid-atlantic Christian University Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $4.7M (FY2013) to $10.2M (FY2023) across 11 reported years.
Financial snapshot
Operating margin
36.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$12.4M
Total liabilities
$4.5M
Net assets
$7.9M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $10,172,554▲116% | $6,474,776▲11.7% | $7,910,015▲87.9% | $12,442,388▲28.3% | 990 |
| 2022 | $4,711,491▼26.8% | $5,796,713▲5.3% | $4,210,266▼20.4% | $9,699,641▲43.0% | 990 |
| 2021 | $6,434,173▼18.0% | $5,506,755▲10.9% | $5,291,851▲21.5% | $6,781,623▲20.7% | 990 |
| 2020 | $7,848,028▲35.3% | $4,966,469▼5.1% | $4,355,725▲198% | $5,620,599▲100% | 990 |
| 2019 | $5,799,793▲16.2% | $5,233,868▲0.1% | $1,461,715▲61.9% | $2,808,393▲3.6% | 990 |
| 2018 | $4,989,368▲3.2% | $5,228,627▲3.5% | $902,963▼20.9% | $2,709,851▲6.1% | 990 |
| 2017 | $4,835,726▼4.0% | $5,051,166▼5.1% | $1,142,147▼15.5% | $2,554,989▼16.8% | 990 |
| 2016 | $5,038,487▲8.3% | $5,319,912▼1.1% | $1,352,311▼17.3% | $3,071,883▼1.3% | 990 |
| 2015 | $4,653,114▲8.1% | $5,376,751▲11.9% | $1,635,989▼30.4% | $3,113,275▼19.9% | 990 |
| 2014 | $4,303,452▼9.3% | $4,806,689▲11.1% | $2,350,475▼17.6% | $3,888,416▼10.1% | 990 |
| 2013 | $4,742,266 | $4,328,397▲3.7% | $2,853,712▲17.0% | $4,323,146▲19.8% | 990 |
| 2012 | — | $4,175,843▲9.9% | $2,439,843▲31.4% | $3,609,824▲0.7% | 990 |
| 2011 | — | $3,801,355▲0.9% | $1,857,199▼29.2% | $3,583,376▼7.9% | 990 |
| 2010 | — | $3,767,568▼0.4% | $2,622,914▼10.8% | $3,892,565▼5.0% | 990 |
| 2009 | — | $3,780,901 | $2,939,926 | $4,096,097 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
13 grants to Mid-atlantic Christian University Inc totaling $203K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $15,988 |
| Sentara Health | New science laboratories | 2022 | $75,000 |
| American Online Giving Foundation Inc | General support | 2022 | $10,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $8,060 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $16,360 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $16,360 |
| The Blackbaud Giving Fund | Charitable | 2019 | $10,000 |
| Tulsa Community Foundation | Scholarship | 2019 | $7,500 |
| The Blackbaud Giving Fund | Charitable | 2018 | $10,000 |
| National Christian Charitable Foundation | Growth | 2017 | $10,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2017 | $10,000 |
| Network For Good Inc | Unrestricted | 2017 | $7,800 |
| Network For Good Inc | Unrestricted | 2016 | $5,925 |
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Data for Mid-atlantic Christian University Inc (EIN 56-1065978) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.