Faithful Academy Inc

Organization Overview

Faithful Academy Inc is located in Beaumont, TX. The organization was established in 2019. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 06/2021, Faithful Academy Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Faithful 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 06/2021, Faithful Academy Inc generated $380.9k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 33.2% each year . All expenses for the organization totaled $287.1k during the year ending 06/2021. While expenses have increased by 10.7% per year over the past 2 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE AN ALTERNATIVE SCHOOLING METHOD FOR HOMESCHOOLED STUDENTS

Describe the Organization's Program Activity:

Part 3 - Line 4a

TUTORING FEES INCLUDE REGISTRATION FEE, SUPPLY FEE AND MONTHLY PAYMENTS.TOTAL ENROLLMENT: 27 STUDENTS.CLASSES 8 HOURS PER DAY, 4 DAYS PER WEEK.APPROXIMATELY 152 CLASS DAYS, INCLUDING ONLINE CLASSES AFTER COVID 19 SHUT DOWN. READING PROGRAM FEES FOR WALK IN STUDENTS.TOTAL ENROLLMENT: 6 WALK IN STUDENTS.1 HOUR INDIVIDUAL SESSIONS, 2 DAYS PER WEEK. TUTORING FEES INCLUDE REGISTRAATION FEE, SUPPLY FEE AND MONTHLY PAYMENTS.TOTAL ENROLLMENT : 38 STUDENTSCLASSES8 HOURS PER DAY, 4 DAYS PER WEEK READING PROGRAM FEES FOR WALK IN STUDENTS.TOTAL ENROLLMENT: 2 WALK IN STUDENTS.1 HOUR INDIVIDUAL SESSIONS, 2 DAYS PER WEEK.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$7
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$16,712
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$16,719
Total Program Service Revenue$337,424
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $380,935

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Faithful Academy Inc has recieved totaling $1,608.

Awarding OrganizationAmount
Talley Bryan Foundation

Morganton, NC

PURPOSE: FURTHER ORGANIZATIONS CHARITABLE PURPOSE

$1,560
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$48
View Grant Recipient Profile

Create an account to unlock the data you need.

or