everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Faith Acres Foundation

Island Lake, IL / EIN 20-5891871 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
2011212,728231,534−18,806-0.20%
2012515,961492,94123,0200.50%
2013933,772875,88057,8921.10%
2014844,677860,094−15,4170.90%
20151,297,8391,346,126−48,2870.10%
20161,677,0321,677,899−8670.10%
20171,092,3311,092,1731580.10%
20181,219,7131,198,23721,4760.30%
20191,319,0431,325,567−6,5240.20%
20202,622,4782,588,96033,5180.30%
20213,765,1233,663,329101,7940.60%
20222,937,2082,921,90015,3080.80%
20233,387,3103,389,262−1,9520.70%

In its most recent public year (2023), this organization spent $1,952 more than it brought in. Its reserves stood at about 0.7 months of spending. Staff pay was 0% of spending.

Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings

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