Faith Christian Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,988,729 | 1,903,489 | 85,240 | 2.3 | 67% |
| 2012 | 2,362,700 | 2,134,945 | 227,755 | 3.3 | 63% |
| 2013 | 2,315,258 | 2,286,453 | 28,805 | 3.3 | 64% |
| 2014 | 2,687,859 | 2,543,796 | 144,063 | 3.9 | 63% |
| 2015 | 3,081,945 | 2,683,590 | 398,355 | 6.0 | 63% |
| 2016 | 3,253,834 | 2,751,511 | 502,323 | 6.9 | 68% |
| 2017 | 3,488,977 | 3,269,822 | 219,155 | 6.4 | 66% |
| 2018 | 4,183,259 | 3,873,360 | 309,899 | 6.5 | 67% |
| 2020 | 4,304,219 | 4,477,272 | −173,053 | 5.7 | 60% |
| 2021 | 6,919,500 | 4,848,803 | 2,070,697 | 10.4 | 60% |
| 2022 | 9,089,289 | 7,654,106 | 1,435,183 | 8.8 | 66% |
| 2023 | 11,537,215 | 10,205,528 | 1,331,687 | 8.2 | 68% |
| 2024 | 12,993,206 | 11,501,469 | 1,491,737 | 8.8 | 67% |
In its most recent public year (2024), this organization brought in $1,491,737 more than it spent. Its reserves stood at about 8.8 months of spending, up from 2.3 in 2011. Staff pay was 67% of spending. $554,985 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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