Faith Christian Academy Inc
- Assets
- $14.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Orange Park, FL
- Founding
- 10/2019
- Data as of
- 12/2020
- EIN
- 55-0809439
Organization Overview
Faith Christian Academy Inc is located in Orange Park, FL. The organization was established in 2019. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. 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 12/2020, Faith Christian Academy Inc generated $187.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (12.5%) each year. All expenses for the organization totaled $223.8k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (6.1%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
TO PROVIDE QUALITY EDUCATION FOR CHILDREN OF LOW INCOME FAMILIES
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PDF Copies of 990 Filings
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $187,625 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $187,625 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $43,295 |
| Professional fees and other payments to independent contractors | $6,570 |
| Occupancy, rent, utilities, and maintenance | $153,454 |
| Printing, publications, postage, and shipping | $17,222 |
| Other expenses | $3,259 |
| Total expenses | $223,800 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $14,073 |
| Other assets | $0 |
| Total assets | $14,073 |
| Total liabilities | $50,248 |
| Net assets or fund balances | -$36,175 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Florida Charter Educational Foundation Inc Ft Lauderdale, FL | $156,543,730 | $97,506,587 |
Pine Crest Preparatory School Inc Fort Lauderdale, FL | $333,237,666 | $117,032,606 |
Woodward Academy Inc College Park, GA | $297,987,009 | $85,209,091 |
Westminster Schools Inc Atlanta, GA | $596,739,021 | $99,709,851 |
Gulliver Preparatory School Inc Miami, FL | $217,883,947 | $98,038,609 |
Lovett School Atlanta, GA | $255,570,564 | $63,708,553 |
Ransom Everglades School Inc Miami, FL | $255,259,179 | $68,191,853 |
Bolles School Jacksonville, FL | $131,930,396 | $55,866,326 |
Miami Country Day School Inc Miami, FL | $132,305,093 | $52,562,056 |
Greater Atlanta Christian Schools Inc Norcross, GA | $104,910,212 | $44,897,863 |
Pace Academy Inc Atlanta, GA | $185,935,585 | $47,968,638 |
Purpose Built Schools Atlanta Inc Atlanta, GA | $15,990,097 | $34,651,857 |