FELLOWSHIP ACADEMY

EIN: 752888473 501(c)(3) Education

Kennedale, TX

Total Revenue
$3,980,205
Total Expenses
$4,733,616
Total Assets
$5,965,865
Net Assets
$568,937
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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
TX
Phone
8174832400
Tax Period
2024-06-01 to 2025-05-31

FELLOWSHIP ACADEMY, founded in 2000, is a community nonprofit in the Education sector that reported $4.0M in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year. Expenses of $4.7M exceeded revenue, resulting in a 19% operating deficit.

Mission

The mission of Fellowship Academy is to provide every child an opportunity for a safe, affordable, well-rounded Christ-centered educational experience and build Christian leaders to serve the community.

Program Service Accomplishments

Program 1
Expenses: $3,217,603 Revenue: $3,641,894

Academic Program - In addition to on-level curriculum, FA offers honors or AP courses in English, Algebra 1 and 2, Geometry, Pre-Calculus, Biology, Chemistry, Anatomy and physiology, Pathophysiology...

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Academic Program - In addition to on-level curriculum, FA offers honors or AP courses in English, Algebra 1 and 2, Geometry, Pre-Calculus, Biology, Chemistry, Anatomy and physiology, Pathophysiology, Physics, World Geography, World History and Art. All students in grades 9-11 participate in the PSAT onsite. All 8th and 9th graders participate in the PreACT. FA partners with Letourneau University and Tarrant County College offer dual credit courses on campus for juniors and seniors in English Composition I ; II, British Literature I ; II, US History, Economics, Government, and Environmental Science (6 students were enrolled in Dual Credit). Fine Arts courses include visual arts, theater arts, band, and choral music. We offer instruction in languages other than English including Spanish. State of Texas endorsements include Multidisciplinary Studies, Arts and Humanities, STEM, Public Service - Health Science, and Fine Arts. Fellowship Academy enrolled 354 students during the fiscal period with 18 graduates.

Program 2
Expenses: $498,080 Revenue: $65,272

Athletics & Fine Arts - 123 Fellowship Academy students participated in the following athletic programs: baseball, basketball, cheerleading, football, golf, physical education, softball, track/cross...

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Athletics & Fine Arts - 123 Fellowship Academy students participated in the following athletic programs: baseball, basketball, cheerleading, football, golf, physical education, softball, track/cross country, and volleyball. Students may also participate in a Fine Arts program, including art and drumline, choir, praise band, and theater.

Program 3
Expenses: $68,099 Revenue: $73,982

Student Activities - Students in all grade levels participate in field trips, travel, fine arts productions and competitions, and interscholastic academic competitions. Other activities include...

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Student Activities - Students in all grade levels participate in field trips, travel, fine arts productions and competitions, and interscholastic academic competitions. Other activities include community service, National Honor Society, Student Council, Yearbook, Youth & Government, Rotary Club 4-Way Test speech meet, and 4H. These programs are all designed to fulfill our mission, which is to prepare students to realize their full potential as they discover their God-given talents, gifts, and purpose and to graduate godly leaders who will impact their community by serving others.

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Trantor Score

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

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $94,234
Program Service Revenue $3,849,866
Investment Income $4,441
Other Revenue $31,664
TOTAL REVENUE $3,980,205

Expense Breakdown

Grants Paid $349,447
Salaries & Benefits $3,092,178
Fundraising Expenses $5,069
Program Expenses $3,807,212
Other Expenses $1,291,991
TOTAL EXPENSES $4,733,616

Year-over-Year Comparison

2024 2023 Change
Revenue $3,980,205 $4,466,290 -0.1%
Expenses $4,733,616 $4,968,996 0.0%
Net Income $-753,411 $-502,706 +0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
4
Independent Members
4
Employees
132
Volunteers
175

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
5
$147,877
Total Directors
4
$2,812
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
David Slight Executive Dir. 40.00
Officer
$76,410 $0 $76,410
Lee Stringham President & CEO 40.00
Officer
$68,655 $0 $68,655
Melanie Wilson Treasurer 2.00
Officer Director
$2,812 $0 $2,812
Rodney Caffey Director 1.00
Director
$0 $0 $0
Debbie Robinson Chairman 2.00
Officer Director
$0 $0 $0
Shaun Hamblin Director 2.00
Officer Director
$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
2025 $3,980,205 $4,733,616 $5,965,865 $-753,411
2024 $4,466,290 $4,968,996 $7,024,058 $-502,706
2023 $4,858,667 $4,244,954 $8,047,895 $613,713
2022 $3,360,453 $3,377,384 $7,059,246 $-16,931
2021 $3,721,527 $3,663,818 $7,032,559 $57,709
2020 $3,283,046 $3,300,526 $6,935,386 $-17,480
2019 $3,412,426 $3,359,250 $7,105,481 $53,176
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