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Faith Christian Academy Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 471160970 ✦ Mcleansville, NC ✦ Designated as a 501(c)(3)

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Overview

What is Faith Christian Academy Inc?

Faith Christian Academy Inc is a nonprofit educational institution situated in an unspecified location. Its primary objective is to offer comprehensive academic instruction, nurturing students to excel in their lifelong learning journey. The school promotes an organized environment that encourages moral, social, physical, and spiritual growth in harmony with the Christian values upheld in the family setting. During the annual fiscal period, 170 students were enrolled, with 115 in grades K-12 and 55 in pre-school. Remarkably, an average of 62% of students demonstrated proficiency above their respective grade levels on standardized tests. Graduates of Faith Christian Academy are commendably well-equipped for their future endeavors.


Official website here: www.faithca.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 66% (Two-Star out of Four Star Rating)

Faith Christian Academy Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and finance management. The organization demonstrates strong governance practices, including 100% independent board members and well-defined policies for conflicts of interest and whistleblower protections. However, the absence of a tax form on their website and a low score in financial statement transparency raises concerns about their financial reporting practices.

The academy excels in its program expense ratio, which is notably high at 98.12%, suggesting that a significant portion of their funds is directed toward programmatic activities rather than administrative costs. This focus is a strength, as it reflects a commitment to delivering on their mission. Nonetheless, the liabilities to assets ratio of 70.19% indicates potential financial strain, hinting at a need for improved financial health and sustainability.

Overall, while the organization showcases strengths in governance and program spending, the gaps in financial transparency and the high level of liabilities may warrant further examination by potential donors or stakeholders. Addressing these limitations could enhance their credibility and effectiveness in the nonprofit sector.


This AI summary has been generated from information found on Charity Navigator.

Is Faith Christian Academy Inc legitimate?

Faith Christian Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Faith Christian Academy Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $782,783

For more financial information, click here


Official website here: www.faithca.com

What is the mission statement of Faith Christian Academy Inc?

Faith Christian Academy Inc's mission is centered around providing rigorous academic instruction to students, aiming to equip them with skills for a lifelong journey of learning. The academic environment at the school is structured to support not just intellectual growth but also the moral, social, physical, and spiritual development of each student. The school's mission is reflected in its orderly atmosphere that fosters personal development in a holistic manner. During the fiscal year, approximately 170 students attended Faith Christian Academy, with a significant number in the K-12 grade range. The students' performance on standardized tests was commendable, with around 62% of them scoring above their respective grade levels. Graduates of Faith Christian Academy are well-prepared for their future pursuits.


Official website here: www.faithca.com

Who is the CEO of Faith Christian Academy Inc?

Robert M Bullard Jr is the Vice Preside of Faith Christian Academy Inc.


Official website here: www.faithca.com

What is the revenue of Faith Christian Academy Inc?

Faith Christian Academy Inc's revenue in 2022 was $1,224,445.


Official website here: www.faithca.com

Who are the executives of Faith Christian Academy Inc and what are their salaries?

The average compensation at Faith Christian Academy Inc during 2022 was $13,496. There are 58 employees at Faith Christian Academy Inc.


Here are 8 key members and their salaries:


Joe Bostic (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carmen Bullard (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debbie Cabrera (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alisa Cornetto (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan C Ezekiel (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert M Bullard Jr (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rafe Martin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Thomas Wrenn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.faithca.com

Where can I find the form 990 for Faith Christian Academy Inc?

Faith Christian Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.faithca.com

Learn more at the official website: www.faithca.com

Mission Statement of Faith Christian Academy Inc

Faith Christian Academy, a nonprofit organization, is dedicated to providing students with a rigorous academic curriculum designed to foster lifelong learning skills. The institution prioritizes an orderly atmosphere that supports the simultaneous moral, social, physical, and spiritual development that occurs in a Christian home. During the fiscal year, Faith Christian Academy welcomed 170 students, of which 115 were in the K-12 grade range, and 55 were in pre-school. The students at Faith Christian Academy demonstrated their academic prowess, with an average of 62% scoring above their respective grade levels on standardized tests. Upon graduating, these students are well-equipped to tackle their future endeavors.

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Impact




July, 2024

Faith Christian Academy Inc's impact lies in providing students with rigorous academic instruction aimed at developing essential skills for a lifetime of continued learning. The school creates an orderly atmosphere that nurtures moral, social, physical, and spiritual growth concurrently with academic advancement. With 170 students enrolled during the fiscal year, including 115 in grades K-12 and 55 in preschool, Faith Christian Academy has consistently seen an average of 62% of students scoring above grade level on standardized tests. Graduates of Faith Christian Academy are well-prepared for their future endeavors, reflecting the school's commitment to fostering holistic development in its students.




This information is meant to be a general summary of Faith Christian Academy Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,224,445 (2022)
Expenses
$1,310,326 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $7
  • Program Service Revenue: $1,010,646
  • Gross Receipts: $1,251,232

Assets and Liabilities:

  • Total Assets: $83,443
  • Total Liabilities: $4,194
  • Net Assets: $79,249

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUITION & FEES

Revenue

$1,002,127

TECHNOLOGY FEES

Revenue

$18,700

DISCOUNTS

Revenue

-$10,181

Organization Details

Founding Year

2014

Principal Officer

Robert M Bullard Jr

Main Address

512 KIVETT DAIRY RD, MCLEANSVILLE, NC, 273019400

NTEE Category

Code: B20 - Education

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