Faith Home And School is located in Mitchell, SD. The organization was established in 1946. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Faith Home And School is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Faith Home And School generated $157.5k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 17.5% each year . All expenses for the organization totaled $124.5k during the year ending 06/2022. While expenses have increased by 9.9% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
FAITH HOME AND SCHOOL PROVIDES EDUCATION FOR APPROXIMATELY 20 STUDENTS. THE STUDENTS RANGE FROM KINDERGARTEN THROUGH COLLEGE. FAITH HOME & SCHOOL ALSO PROVIDES MEALS AND HOUSING FOR STUDENTS THAT ARE AWAY FROM HOME AND STAYING ON THE SCHOOL PREMISES.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Buchanan President | 30 | $18,045 | |
Paul Williams Chairman | 2 | $0 | |
Lindell Howard Vice-Chairman | 1 | $0 | |
Randall Albertson Treasurer | 3 | $0 | |
Cheryl Rothfuss Secretary | 0 | $0 | |
Earl Adair Director | 0.5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $90,048 |
| Total Program Service Revenue | $62,639 |
| Membership dues | $0 |
| Investment income | $4,801 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $157,488 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $45,872 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $34,711 |
| Printing, publications, postage, and shipping | $1,594 |
| Other expenses | $32,685 |
| Total expenses | $124,548 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $79,881 |
| Other assets | $0 |
| Total assets | $440,202 |
| Total liabilities | $1,080 |
| Net assets or fund balances | $439,122 |