From public IRS filings
FAITH ACADEMY
IOWA CITY, IA · Education
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.
Financials (IRS Form 990)
Total revenue
$1.7M
Total expenses
$1.2M
Total assets
$1.5M
Program expense ratio
91%
Source: IRS Form 990, tax year 2023.
Who funds FAITH ACADEMY
$611K in foundation grants on record from 12 funders — matched from IRS 990 grant line items. Some matches may be approximate.
| Funder | Total given | Grants |
|---|---|---|
| Heart of Iowa School Tuition Organization | $233K | 3 |
| Natl Christian Charitable Fdn | $140K | 4 |
| Hawkeye Area Community Action Program | $87K | 4 |
| Community Foundation of Johnson County | $51K | 2 |
| Hills Bank Donor Advised Gift Fund | $25K | 2 |
| Fidelity Investments Charitable Gift Fund | $21K | 1 |
| Servant Foundation | $20K | 2 |
| Greenstate Credit Union | $20K | 3 |
| Us Charitable Gift Trust | $8K | 1 |
| Hills Bancorporation Foundation | $4K | 2 |
Leadership
JILL SCHLOTT — SECRETARY (Principal officer)
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