Faith Christian Academy Of Waynesboro Incorporated
Faith Christian Academy Of Waynesboro Incorporated shows consistent financial growth and no reported officer compensation over the past decade.
EIN: 208972657 · Waynesboro, GA · NTEE: B24 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $829K |
| Total Expenses | $610K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $800,000. |
| Net Assets | $587K |
| Transparency Score | 92/100 |
Is Faith Christian Academy Of Waynesboro Incorporated Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Faith Christian Academy Of Waynesboro Incorporated directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Faith Christian Academy Of Waynesboro Incorporated
Faith Christian Academy Of Waynesboro Incorporated (EIN: 208972657) is a nonprofit organization based in Waynesboro, GA, classified under NTEE code B24. The organization reported total revenue of $829K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Faith Christian Academy Of Waynesboro Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Faith Christian Academy Of Waynesboro Incorporated is a small nonprofit that has been operating for 18 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 9.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $829K |
| Total Expenses | $610K |
| Surplus / Deficit | +$219K |
| Total Assets | $1.1M |
| Total Liabilities | $475K |
| Net Assets | $587K |
| Operating Margin | 26.4% |
| Debt-to-Asset Ratio | 44.7% |
| Months of Reserves | 20.9 months |
Financial Health Grade: A
In 2023, Faith Christian Academy Of Waynesboro Incorporated reported a surplus of $219K with revenue exceeding expenses, holds 20.9 months of operating reserves (strong position), has a debt-to-asset ratio of 44.7% (moderate leverage).
Financial Trends
Over 12 years of filings (2012–2023), Faith Christian Academy Of Waynesboro Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 9.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +30.7% | -3.2% | +22.5% |
| 2022 | -4.4% | +7.6% | -9.3% |
| 2021 | -5.4% | -21.8% | +5.2% |
| 2020 | -1.8% | +2.9% | +0.9% |
| 2019 | -1.1% | +17.6% | -5.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Faith Christian Academy Of Waynesboro Incorporated with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Faith Christian Academy Of Waynesboro Incorporated allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $219K, with revenue exceeding expenses.
- Debt-to-asset ratio: 44.7%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no compensation was paid to officers, which is highly favorable for a nonprofit of its size with annual revenues exceeding $800,000.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Faith Christian Academy Of Waynesboro Incorporated:
- Consistent revenue growth, from $515,152 in 2014 to $828,904 in 2023.
- Significant asset growth, from $695,673 in 2014 to $1,062,602 in 2023.
- Zero reported officer compensation across all 12 filings, indicating high efficiency and mission focus.
- Consistent financial surpluses in most years, demonstrating sound financial management.
- Regular IRS 990 filings over 12 periods, indicating strong transparency and compliance.
Frequently Asked Questions about Faith Christian Academy Of Waynesboro Incorporated
Is Faith Christian Academy Of Waynesboro Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Faith Christian Academy Of Waynesboro Incorporated (EIN: 208972657) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Faith Christian Academy Of Waynesboro Incorporated spend its money?
Faith Christian Academy Of Waynesboro Incorporated directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Faith Christian Academy Of Waynesboro Incorporated tax-deductible?
Faith Christian Academy Of Waynesboro Incorporated is registered as a tax-exempt nonprofit (EIN: 208972657). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Faith Christian Academy Of Waynesboro Incorporated CEO make?
Faith Christian Academy Of Waynesboro Incorporated's highest-compensated officer earns $800,000. annually. The organization reported $829K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Faith Christian Academy Of Waynesboro Incorporated compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Faith Christian Academy Of Waynesboro Incorporated is above average for NTEE category B24 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Faith Christian Academy Of Waynesboro Incorporated located?
Faith Christian Academy Of Waynesboro Incorporated is headquartered in Waynesboro, Georgia and files with the IRS under EIN 208972657. It is classified under NTEE code B24.
How many years of IRS 990 filings does Faith Christian Academy Of Waynesboro Incorporated have?
Faith Christian Academy Of Waynesboro Incorporated has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $829K in total revenue.
Is Faith Christian Academy Of Waynesboro Incorporated a good charity?
Based on the provided financial data, Faith Christian Academy Of Waynesboro Incorporated appears to be a good charity. It consistently generates surpluses, has grown its assets significantly, and reports 0% officer compensation, indicating a strong focus on its mission and efficient use of funds.
How has the organization's financial health changed over time?
The organization's financial health has steadily improved. Revenue has grown from $515,152 in 2014 to $828,904 in 2023, and assets have increased from $695,673 to $1,062,602 over the same period, demonstrating consistent growth and financial stability.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available filings, suggesting a volunteer-led executive structure or that executive roles are compensated through other means not classified as officer compensation, which is a strong positive for resource allocation to its mission.
Filing History
IRS 990 filing history for Faith Christian Academy Of Waynesboro Incorporated showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Faith Christian Academy Of Waynesboro Incorporated's revenue has grown by 176.4%, moving from $300K to $829K. Total assets increased by 132.6% over the same period, from $457K to $1.1M. Total functional expenses rose by 128%, from $268K to $610K. In its most recent filing year (2023), Faith Christian Academy Of Waynesboro Incorporated reported a surplus of $219K, with revenue exceeding expenses. The organization holds $475K in liabilities against $1.1M in assets (debt-to-asset ratio: 44.7%), resulting in net assets of $587K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $829K | $610K | $1.1M | $475K | — | View 990 |
| 2022 | $634K | $630K | $868K | $500K | — | View 990 |
| 2021 | $663K | $585K | $956K | $593K | — | View 990 |
| 2020 | $701K | $748K | $909K | $624K | — | View 990 |
| 2019 | $714K | $727K | $901K | $568K | — | View 990 |
| 2018 | $722K | $619K | $950K | $604K | — | View 990 |
| 2017 | $646K | $645K | $702K | $458K | — | View 990 |
| 2016 | $591K | $556K | $723K | $481K | — | View 990 |
| 2015 | $566K | $535K | $712K | $505K | — | View 990 |
| 2014 | $515K | $422K | $696K | $519K | — | View 990 |
| 2013 | $334K | $375K | $472K | $389K | — | View 990 |
| 2012 | $300K | $268K | $457K | $332K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $829K, expenses of $610K, and assets of $1.1M (revenue +30.7% year-over-year).
- 2022: Revenue of $634K, expenses of $630K, and assets of $868K (revenue -4.4% year-over-year).
- 2021: Revenue of $663K, expenses of $585K, and assets of $956K (revenue -5.4% year-over-year).
- 2020: Revenue of $701K, expenses of $748K, and assets of $909K (revenue -1.8% year-over-year).
- 2019: Revenue of $714K, expenses of $727K, and assets of $901K (revenue -1.1% year-over-year).
- 2018: Revenue of $722K, expenses of $619K, and assets of $950K (revenue +11.7% year-over-year).
- 2017: Revenue of $646K, expenses of $645K, and assets of $702K (revenue +9.4% year-over-year).
- 2016: Revenue of $591K, expenses of $556K, and assets of $723K (revenue +4.4% year-over-year).
- 2015: Revenue of $566K, expenses of $535K, and assets of $712K (revenue +9.8% year-over-year).
- 2014: Revenue of $515K, expenses of $422K, and assets of $696K (revenue +54.3% year-over-year).
- 2013: Revenue of $334K, expenses of $375K, and assets of $472K (revenue +11.3% year-over-year).
- 2012: Revenue of $300K, expenses of $268K, and assets of $457K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Faith Christian Academy Of Waynesboro Incorporated:
Data Sources and Methodology
This transparency report for Faith Christian Academy Of Waynesboro Incorporated is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.