Faith Christian Academy Inc

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2002

Legal Domicile

Principal Officer

Angela Schminke

Tax Period

2024-01-01 to 2024-12-31

Faith Christian Academy Inc, founded in 2002, is a small nonprofit in the Education sector that reported $316K in total revenue in fiscal year 2024. Expenses of $288K left a modest 9% surplus.

Mission

To provide a high quality, Christian Education to students K-12

Program Service Accomplishments

Program 1

Expenses: $270,285 Revenue: $301,306

Mostly funded from the State of Florida Step up For Students Tax Credit Scholarship Program

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $301,305

Investment Income $1

Other Revenue $14,451

TOTAL REVENUE $315,757

Expense Breakdown

Grants Paid $706

Salaries & Benefits $131,760

Fundraising Expenses $0

Program Expenses $270,285

Other Expenses $155,261

TOTAL EXPENSES $287,727

Year-over-Year Comparison

	2024	2023	Change
Revenue	$315,757	N/A	N/A
Expenses	$287,727	N/A	N/A
Net Income	$28,030	N/A	N/A

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Angela Schminke	Executive Director	050.00	Officer Director Key Emp	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$315,757	$287,727	$23,992	$28,030
2023	No data	No data	No data	No data