NonprofitsFaith Academy

Education

Faith Academy

IOWA CITY, IA

Total revenue

$1.7M

Total expenses

$1.2M

Net assets

$1.5M

Grants received

$667K

30 grants

EIN

823695813

Tax year

2023

Mission

The objective of faith academy shall be to provide a christ-centered education, in the form of formal daily instruction, to low-income students in the iowa city area.

Financials

FY 2023

Revenue

Contributions & grants$1.6M
Program service revenue$48K
Investment income$33K
Other revenue$19K
Total revenue$1.7M

Expenses

Grants paid
Salaries & benefits$914K
Fundraising$37K
Other expenses$323K
Total expenses$1.2M
Total assets$1.5M
Net assets$1.5M

People

15 listed

NameRoleCompensation

DOUG FERN LEFT 82023

EXECUTIVE DI

Board

17 hrs/wk

DAVID ASPREY

VICE PRESIDE

Board

2 hrs/wk

MATT JOHNSON LEFT 52024

VICE PRESIDE

Board

2 hrs/wk

RICHARD HOEFER

TREASURER

Board

15 hrs/wk

CRAIG WELT LEFT 52024

SECRETARY

Board

2 hrs/wk

JILL SCHLOTT

PRESIDENT

Board

2 hrs/wk

DANICE KEATING

DIRECTOR

Board

2 hrs/wk

BRANDI RADCLIFFE

DIRECTOR

Board

2 hrs/wk

MONIQUE WASHINGTON LEFT 72023

DIRECTOR

Board

2 hrs/wk

CYNTHIA UKAH LEFT 72023

DIRECTOR

Board

2 hrs/wk

BERNADINE FRANKS

EXECUTIVE DI

Board

40 hrs/wk

TONY LUNECKAS

DIRECTOR

Board

2 hrs/wk

JAMES BALMER

DIRECTOR

Board

2 hrs/wk

RICHARD WOOTONN

DIRECTOR

Board

2 hrs/wk

SHANE KELLEY

SECRETARY

Board

2 hrs/wk

Grants received

Showing 30 of 30

FromAmountPurposeYear
$89K
TO PROVIDE STUDENT SCHOLARSHIPS
2024
$10K
General support
2024
$8K
FOR RECIPIENT'S EXEMPT PURPOSE
2024
$8K
2024 Give & Grow School Match
2024
$74K
TO PROVIDE STUDENT SCHOLARSHIPS
2023
$15K
General support
2023
$5K
FEED THOSE IN NEED
2023
$300
MINISTRY WORK SUPPORT
2023
$70K
TO PROVIDE STUDENT SCHOLARSHIPS
2022
$30K
FEED THOSE IN NEED
2022
$30K
FEED THOSE IN NEED
2022
$5K
EDUCATION
2022
$22K
FEED THOSE IN NEED
2021
$15K
EDUCATION
2021
$7K
PLAYGROUND MUSICAL INSTRUMENTS CAPITAL CAMPAIGN CO-SPONSOR
2021
$20K
FEED THOSE IN NEED
2020
$4K
GENERAL OPERATING FUND
2020
$13K
FEED THOSE IN NEED
2019

Funded by

$667K from 11 funders · 30 grants · 2019–2024

Heart Of Iowa School Tuition

$233K · 3 grants · 2022–2024

Natl Christian Charitable Fdn Inc

$233K · 5 grants · 2020–2024

Hawkeye Area Community Action

$120K · 6 grants · 2019–2023

Hills Bank Donor Advised Gift Fund

$25K · 2 grants · 2023–2024

Servant Foundation

$20K · 2 grants · 2021–2022

Hills Bancorporation Foundation

$15K · 5 grants · 2020–2023

The Us Charitable Gift Trust

$8K · 1 grant · 2024

GreenState Credit Union

$8K · 1 grant · 2024

Details

EIN823695813
NTEE codeB24
Subsection03
Ruling date2018-08
Formed2017
Employees31
Volunteers65
FAITH ACADEMY — Mission, Financials & Grants Received | Grantivo