Prevailing Faith Christian Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 297,000 | 356,902 | −59,902 | -2.0 | 51% |
| 2018 | 528,411 | 519,339 | 9,072 | -1.2 | 59% |
| 2019 | 760,685 | 757,074 | 3,611 | -0.7 | 64% |
| 2020 | 676,756 | 766,419 | −89,663 | -2.1 | 68% |
| 2021 | 606,409 | 624,173 | −17,764 | -3.0 | 59% |
| 2022 | 558,581 | 642,641 | −84,060 | -4.5 | 52% |
| 2023 | 699,878 | 947,378 | −247,500 | -6.2 | 55% |
In its most recent public year (2023), this organization spent $247,500 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-6.2 months), down from -2 in 2017. Staff pay was 55% 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
Prevailing Faith Christian Academy's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works