Faith Christian Academy Inc is located in Wausau, WI. The organization was established in 1993. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 06/2023, Faith Christian Academy Inc employed 112 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Faith Christian Academy Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Faith Christian Academy Inc generated $2.6m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 35.6% each year . All expenses for the organization totaled $2.5m during the year ending 06/2023. While expenses have increased by 32.8% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
K-12 ACADEMIC AND CHRISTIAN EDUCATION PROVIDED TO STUDENTS VIA ACCREDITED TEACHING STAFF WITHIN A TRADITIONAL FACE-TO-FACE CLASSROOM SETTING
Describe the Organization's Program Activity:
Part 3 - Line 4a
K12 ACADEMIC AND CHRISTIAN EDUCATION PROVIDED TO NEARLY 300 STUDENTS VIA ACCREDITED TEACHING STAFF WITHIN A TRADITIONAL FACE TO FACE CLASSROOM SETTING
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Clint Steinke Administrator | 40 | $82,011 | |
Zachery Zebro Principal | 40 | $78,199 | |
Jason Keffler President | OfficerTrustee | 0.1 | $0 |
Amanda Mcllelan Vice President | OfficerTrustee | 0.1 | $0 |
Justin Nelson Treasurer | OfficerTrustee | 0.1 | $0 |
Kelly Crockett Secretary | OfficerTrustee | 0.1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $99,723 |
All other contributions, gifts, grants, and similar amounts not included above | $181,256 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $280,979 |
Total Program Service Revenue | $2,246,074 |
Investment income | $5,110 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $69,101 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,601,930 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $160,210 |
Compensation of current officers, directors, key employees. | $82,011 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,371,594 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $41,795 |
Payroll taxes | $116,215 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $70,473 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $11,648 |
Advertising and promotion | $3,194 |
Office expenses | $27,829 |
Information technology | $66,006 |
Royalties | $0 |
Occupancy | $331,478 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $1,450 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $5,613 |
Insurance | $18,572 |
All other expenses | $0 |
Total functional expenses | $2,454,482 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $115,832 |
Savings and temporary cash investments | $827,414 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $1,409 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $14,570 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $235,825 |
Total assets | $1,195,050 |
Accounts payable and accrued expenses | $108,142 |
Grants payable | $8,722 |
Deferred revenue | $64,958 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $125,000 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $236,260 |
Total liabilities | $543,082 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $651,968 |
Total liabilities and net assets/fund balances | $1,195,050 |