Faith Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 327,070 | 355,079 | −28,009 | -0.9 | 63% |
| 2020 | 765,986 | 727,329 | 38,657 | 0.2 | 70% |
| 2021 | 0 | 0 | 0 | — | — |
| 2022 | 1,207,307 | 874,919 | 332,388 | 8.3 | 73% |
| 2023 | 1,376,055 | 915,125 | 460,930 | 14.0 | 68% |
In its most recent public year (2023), this organization brought in $460,930 more than it spent. Its reserves stood at about 14 months of spending, up from -0.9 in 2019. Staff pay was 68% 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
Faith 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