CSCharityScored
69

Faith Academy Inc

Education · Lake City, Florida

810 Sw Faith Rd, Lake City, FL 32025-1374

EIN: 272493620· Founded: Feb 2015· 11 years active· Filing Year: 2022

Annual Revenue

$143K

Total Expenses

$125K

Total Assets

$55K

Program Spending

115%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$13K

10.1% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$50K

Total Payroll

$63K

50% of total expenses

Where the Money Goes

100%
Programs: 100%
Payroll: 50%
Other overhead: -15%
Program Revenue$143K (100%)
Total Expenses$125K (87%)
Payroll$63K (50%)
Overhead (non-program)-15%

Trust Score Breakdown

Program Spending Ratio

115% of expenses go to programs

40%

Revenue & Stability

$143K annual revenue

15%

Executive Compensation

$13K total officer comp (10.1% of expenses)

20%

Filing Recency

Most recent filing: 2022

15%

Asset Strength

$55K in assets

10%

Data from IRS Form 990 filing (2022). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.