Overview
What is Faithacts For Education Inc?
Faithacts For Education Inc, based in Fairfield, Connecticut, is a nonprofit organization with a mission to improve education in Bridgeport. They achieve this by fostering connections with individuals of faith, leveraging their collective influence to advocate for better educational opportunities for children. With a dedicated workforce of 22 employees, Faithacts For Education Inc's primary objective is to ensure that children in their community receive the education they rightfully deserve. Their activities involve building a powerful network of faith-based supporters to influence educational policies and initiatives.
Official website here: www.faithacts.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.
Faithacts For Education Inc has received an impressive Four-Star rating, reflecting its high standards of accountability and financial health. With a remarkable Accountability & Finance Score of 96, the organization demonstrates strong governance practices, including a fully independent board and comprehensive policies on conflict of interest and whistleblower protection.
The charity allocates a significant portion of its budget to program expenses, with a Program Expense Ratio of 71.70%, which indicates a commitment to its mission. Furthermore, its low fundraising efficiency ratio of $0.06 suggests that it effectively manages fundraising costs, ensuring that a majority of donations directly support its educational initiatives.
While the organization shows robust financial health and management practices, it maintains a liabilities to assets ratio of 34.01%, which may indicate some level of financial obligation. However, this is not uncommon for nonprofit organizations and does not overshadow its positive attributes. Overall, Faithacts For Education Inc is well-regarded for its transparency and dedication to its educational mission.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Faithacts For Education Inc?
100% of the six reviews on Facebook recommend Faithacts For Education Inc., indicating a strong approval for the organization's mission and impact. Supporters express enthusiasm about building relationships and creating collective power to enhance educational opportunities for children.
Many reviewers highlight the urgency of support, especially as the school year begins, emphasizing the organization’s commitment to ensuring that children receive the education they deserve. This call to action signifies an active and engaged community rallying around the cause.
Overall, it’s clear that Faithacts For Education Inc. resonates positively with its supporters, fostering a sense of community and collaboration aimed at advancing educational support for children in need.
This AI summary has been generated from reviews found on Facebook.
Is Faithacts For Education Inc legitimate?
Faithacts For Education Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Faithacts For Education 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: $899,538
Professional Fundraising Fees: $0
Other Salaries and Wages: $615,183
For more financial information, click here
Official website here: www.faithacts.org
What is the mission statement of Faithacts For Education Inc?
Faithacts For Education Inc, as an organization, is driven by individuals of faith, aiming to amplify their voices to ensure that children receive the education they deserve. Their mission is to utilize the collective power of faith communities to advocate for improved education in their local contexts, specifically in Bridgeport. By establishing relationships with people of faith, Faithacts For Education Inc seeks to leverage their collective influence to bring about positive changes in the educational system.
Official website here: www.faithacts.org
Who is the CEO of Faithacts For Education Inc?
Pastor Jeremy Williams is the Board Chair of Faithacts For Education Inc.
Official website here: www.faithacts.org
What is the revenue of Faithacts For Education Inc?
Faithacts For Education Inc's revenue in 2022 was $2,237,538.
Official website here: www.faithacts.org
Who are the executives of Faithacts For Education Inc and what are their salaries?
The average compensation at Faithacts For Education Inc during 2022 was $68,851. There are 22 employees and 13 volunteers at Faithacts For Education Inc.
Here are 12 key members and their salaries:
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- Compensation: $243,858
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- Other: $24,033
- Compensation: $153,698
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- Other: $16,380
- Compensation: $113,731
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- Other: $13,886
- Compensation: $106,803
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- Other: $5,340
- Compensation: $186,967
- Related: $0
- Other: $34,842
Official website here: www.faithacts.org
Where can I find the form 990 for Faithacts For Education Inc?
Faithacts For Education Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.faithacts.org
Learn more at the official website: www.faithacts.org
Mission Statement of Faithacts For Education Inc
Faithacts For Education Inc is a nonprofit organization with a mission to empower individuals of faith to advocate for their children's right to a quality education. In simpler terms, this means they are harnessing the collective power of faith-based communities to drive improvements in education within Bridgeport. Their outreach efforts involve fostering relationships with these communities, aiming to leverage their voices in the quest for educational advancement.
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Impact
July, 2024
Faithacts For Education Inc's impact lies in its mission to empower people of faith to advocate for improved education in Bridgeport, CT. By building relationships with individuals and leveraging their voices, the organization works towards ensuring that children receive the quality education they deserve. Through their outreach efforts, Faithacts For Education Inc plays a crucial role in mobilizing communities and advocating for positive change in the education system.
This information is meant to be a general summary of Faithacts For Education 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $726
- Gross Receipts: $2,237,538
Assets and Liabilities:
- Total Assets: $2,450,605
- Total Liabilities: $833,563
- Net Assets: $1,617,042
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Organization Details
Founding Year
2014
Phone
(203) 868-0443Principal Officer
Pastor Jeremy Williams
Main Address
857 POST ROAD 310, FAIRFIELD, CT, 06824
Website
www.faithacts.orgNTEE Category
Code: B01 - Education
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