Faustina Academy

Organization Overview

Faustina Academy is located in Irving, TX. The organization was established in 2003. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2024, Faustina Academy employed 28 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Faustina Academy 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 06/2024, Faustina Academy generated $1.2m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $1.3m during the year ending 06/2024. While expenses have increased by 4.8% per year over the past 4 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2024

Describe the Organization's Mission:

Part 3 - Line 1

EDUCATION OF CHILDREN FROM PRE-KINDERGARTEN THROUGH GRADE 12

Describe the Organization's Program Activity:

Part 3 - Line 4a

EDUCATION OF CHILDREN FROM PRE-KINDERGARTEN THROUGH GRADE 12


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Board, Officers & Key Employees

Name (title)Compensation
Christina Mehaffey
Principal
$72,000
Raphael Flood
Chairman Of The Board
$0
Scott Jeggle
Board Member
$0
Randy Irlbeck
Board Member
$0
Brian Alexander
Board Member
$0
Dan Wood
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$5,205
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$191,810
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$197,015
Total Program Service Revenue$972,411
Investment income $7,929
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $41,482
Net Income from Gaming Activities $24,122
Net Income from Sales of Inventory -$557
Miscellaneous Revenue$0
Total Revenue $1,242,402

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