CSCharityScored
52

First Academy Inc

Education · Bloomfield, Connecticut

1151 Blue Hills Ave, Bloomfield, CT 06002-2721

EIN: 061426905· Founded: Jan 2017· 9 years active· Filing Year: 2022

Annual Revenue

$575K

Total Expenses

$604K

Total Assets

$73K

Program Spending

55%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$69K

11.4% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$361K

Total Payroll

$430K

71% of total expenses

Where the Money Goes

55%
Programs: 55%
Payroll: 71%
Other overhead: 45%
Program Revenue$332K (58%)
Total Expenses$604K (100%)
Payroll$430K (71%)
Overhead (non-program)45%

Trust Score Breakdown

Program Spending Ratio

55% of expenses go to programs

40%

Revenue & Stability

$575K annual revenue

15%

Executive Compensation

$69K total officer comp (11.4% of expenses)

20%

Filing Recency

Most recent filing: 2022

15%

Asset Strength

$73K 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.