Seeds Of Faith Christian Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 530,390 | 507,914 | 22,476 | 6.7 | 72% |
| 2012 | 767,437 | 637,804 | 129,633 | 7.7 | 64% |
| 2013 | 776,072 | 822,564 | −46,492 | 5.7 | 54% |
| 2014 | 795,333 | 758,430 | 36,903 | 6.7 | 64% |
| 2015 | 317,589 | 365,568 | −47,979 | 10.7 | 65% |
| 2016 | 594,988 | 652,815 | −57,827 | 4.9 | 71% |
| 2017 | 581,488 | 606,998 | −25,510 | 3.5 | 64% |
| 2018 | 493,622 | 499,555 | −5,933 | 1.1 | 72% |
| 2019 | 596,798 | 492,622 | 104,176 | 3.6 | 69% |
| 2020 | 730,726 | 464,767 | 265,959 | 10.7 | 64% |
| 2021 | 593,348 | 515,108 | 78,240 | 11.5 | 52% |
| 2022 | 512,289 | 537,227 | −24,938 | 10.5 | 67% |
| 2023 | 553,858 | 609,064 | −55,206 | 8.1 | 66% |
| 2024 | 497,078 | 587,066 | −89,988 | 6.6 | 68% |
In its most recent public year (2024), this organization spent $89,988 more than it brought in. Its reserves stood at about 6.6 months of spending. Staff pay was 68% of spending. $266,344 of its net assets are donor-restricted.
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 2024. 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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