Civic Intelligence

Faith Academy

990EZ • Fiscal year 2021 • EIN 82-3695813

Jun 01, 2020 to May 31, 2021 • Filed on Oct 15, 2021

Organization Profilewww.faithacademyiowa.org
1030 Cross Park AveIowa City, IA 52240

(319) 351-4860

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2021

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

2nd percentile

-100%

Faster asset growth than 2% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

2nd percentile

-100%

Faster revenue growth than 2% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets56th percentile

Assets

Down

$1

Down $183,632 (-100%) from 2020

Net Assets

Flat

$10,648

Flat from 2020

Liabilities

Down

$0

Down $172,985 (-100%) from 2020

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Down

$0

Down $765,986 (-100%) from 2020

Expenses

Down

$0

Down $727,329 (-100%) from 2020

Net Income

Down

$0

Down $38,657 (-100%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth2nd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0M$1.5M$1.0M$500K$0-$500KAssets 2019: $1,864Liabilities 2019: $29,873Net Assets 2019: -$28,0092019Assets 2020: $183,633Liabilities 2020: $172,985Net Assets 2020: $10,6482020Assets 2021: $1Liabilities 2021: $0Net Assets 2021: $10,6482021Assets 2022: $604,933Liabilities 2022: $0Net Assets 2022: $604,9332022Assets 2023: $1,065,863Liabilities 2023: $0Net Assets 2023: $1,065,8632023Assets 2024: $1,520,834Liabilities 2024: $2,688Net Assets 2024: $1,518,1462024

Highlighted filing

2021

Assets$1
Liabilities$0
Net Assets$10,648
Open 2021 Filing

Operations Trend

Revenue Growth2nd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2019: $327,070Expenses 2019: $355,079Net Income 2019: -$28,0092019Revenue 2020: $765,986Expenses 2020: $727,329Net Income 2020: $38,6572020Revenue 2021: $0Expenses 2021: $0Net Income 2021: $02021Revenue 2022: $1,207,307Expenses 2022: $874,919Net Income 2022: $332,3882022Revenue 2023: $1,376,055Expenses 2023: $915,125Net Income 2023: $460,9302023Revenue 2024: $1,689,001Expenses 2024: $1,236,718Net Income 2024: $452,2832024

Highlighted filing

2021

Revenue$0
Expenses$0
Net Income$0
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jun 1, 2020 to May 31, 2021
Signed
Oct 15, 2021
Return Version
2020v4.0
Mission and Program Overview

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.

Program Services

DescriptionGrantsExpenses
Faith Academy provided a quality Christ Centered-Education to over 80 K-6th grade students, helping 73 to achieve proficiency in reading. Faith Academy graduated its first 6th grade class.--
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Doug FernExecutive DirectorPT$0--
Richard HoeferTreasurer-$0--
Craig WeltSecretary-$0--
David AspreyPresident-$0--
Jill SchlottDirector-$0--
Darice KeatingDirector-$0--
Greg GroveDirector-$0--
Julie DancerVice President-$0--
Brandi RadcliffeDirector-$0--
Monique WashingtonDirector-$0--
Matt JohnsonDirector-$0--
Cynthia UkahDirector-$0--
Filing and Contact Details

Filer

Filer Name
Faith Academy
EIN
82-3695813
Phone
3193514860
Address
1030 Cross Park Ave, Iowa City, IA 52240

Signing Officer

Name
Craig Welt
Title
Secretary
Signed
2021-10-15
Discuss with paid preparer
Yes

Preparer

Firm
EHM Girvan Inc
Address
4723 Canterbury Ct, Iowa City, IA 52245
Preparer
Kyle Galloway
Phone
3195302049
Supplemental Narrative

Additional Explanations

Total Liabilities.1008

“Unsecured Notes and Loans Payable - Beginning $109900 Unsecured Notes and Loans Payable - Ending $0”

Total Liabilities.1

“Parkview Church - Beginning $63085 Parkview Church - Ending $0”

Determination of the number of volunteers reported in Part I.

“Volunteer numbers were determined via the Office Administrator's documentation of active volunteers and volunteer background checks performed.”

Raw XML Appendix166 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PersonNm0Kyle Galloway
IRS990EZ/BooksInCareOfDetail/PhoneNum03195302049
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt04723 Canterbury Ct
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Iowa City
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd052245
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0183633
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
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IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0183633
IRS990EZ/Form990TotalAssetsGrp/EOYAmt00
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt010648
IRS990EZ/NetAssetsOrFundBalancesEOYAmt010648
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt010648
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt017.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt110
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt110
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Doug Fern
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Richard Hoefer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Craig Welt
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3David Asprey
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Jill Schlott
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Darice Keating
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Greg Grove
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7Julie Dancer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8Brandi Radcliffe
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9Monique Washington
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm10Matt Johnson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm11Cynthia Ukah
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Executive Dir.
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt11Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0The 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.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Faith Academy provided a quality Christ Centered-Education to over 80 K-6th grade students, helping 73 to achieve proficiency in reading. Faith Academy graduated its first 6th grade class.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0true
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0172985
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalRevenueAmt00
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0https://www.faithacademyiowa.org/
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0A notice of non-discriminatory policy has not been published in a newspaper of general circulation or broadcast media because that is not the key way news/information is disseminated regarding Faith Academy. The non-discrimination policy is published on the homepage of the school's website www.faithacademyiowa.org
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Unsecured Notes and Loans Payable - Beginning $109900 Unsecured Notes and Loans Payable - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Parkview Church - Beginning $63085 Parkview Church - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Volunteer numbers were determined via the Office Administrator's documentation of active volunteers and volunteer background checks performed.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Total Liabilities.1008
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Total Liabilities.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Determination of the number of volunteers reported in Part I.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Craig Welt
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Secretary
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-10-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Faith Academy
ReturnHeader/Filer/BusinessNameControlTxt0FAIT
ReturnHeader/Filer/EIN0823695813
ReturnHeader/Filer/PhoneNum03193514860
ReturnHeader/Filer/USAddress/AddressLine1Txt01030 Cross Park Ave
ReturnHeader/Filer/USAddress/CityNm0Iowa City
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd052240
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0811478549
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0EHM Girvan Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04723 Canterbury Ct
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Iowa City
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd052245
ReturnHeader/PreparerPersonGrp/PhoneNum03195302049
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Kyle Galloway
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-10-15T12:35:28-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Craig
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Welt
ReturnHeader/TaxPeriodBeginDt02020-06-01
ReturnHeader/TaxPeriodEndDt02021-05-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1
Liabilities
$0
Net assets
$10,648
Revenue
$0
Expenses
$0
Net income
$0
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.52$0.00$1.52$1.69$1.24$0.45
2023Detailed filing. Detailed filing data is available for this year.$1.07$0.00$1.07$1.38$0.92$0.46
2022Detailed filing. Detailed filing data is available for this year.$0.60$0.00$0.60$1.21$0.87$0.33
2021Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.01$0.00$0.00$0.00
2020Detailed filing. Detailed filing data is available for this year.$0.18$0.17$0.01$0.77$0.73$0.04
2019Detailed filing. Detailed filing data is available for this year.$0.00$0.03$0.03$0.33$0.36$0.03