Faithacts For Education Inc
Hamden, Connecticut
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Average
How This Organization Compares
Compared to 4 peers in Education with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
10 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $2,582,845↑15% | $3,198,272 | $2,326,153↓5% | |
| 2022 | $2,237,538↓44% | $3,196,645↑33% | $2,450,605↓19% | — |
| 2021 | $3,964,948↑86% | $2,396,136↑19% | $3,023,669↑115% | — |
| 2020 | $2,131,679↑36% | $2,007,840↑61% | $1,405,235↑53% | — |
| 2019 | $1,564,882↑88% | $1,243,935↓2% | $918,141↑52% | — |
| 2018 | $833,726↓31% | $1,265,735↑48% | $605,468↓41% | — |
| 2017 | $1,202,033↑17% | $857,776↑9% | $1,029,759↑53% | — |
| 2016 | $1,025,845↑51% | $786,847↑55% | $674,903↑57% | — |
| 2015 | $678,111↑125% | $508,531↑758% | $429,120↑77% | — |
| 2014 | $301,000 | $59,275 | $242,877 | — |
Frequently Asked Questions
What does Faithacts For Education Inc do?▼
Faithacts For Education Inc is a education nonprofit organization based in Connecticut. It is classified under NTEE code B01 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Faithacts For Education Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Faithacts For Education Inc has a score of 48/100 (Grade: B-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Faithacts For Education Inc generate?▼
Faithacts For Education Inc reports $2.4M in annual revenue and holds $2.4M in total assets, based on IRS filings.
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