Faith Preschool is located in Austin, TX. The organization was established in 2018. According to its NTEE Classification (B21) the organization is classified as: Preschools, 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 Preschool 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 12/2022, Faith Preschool generated $57.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (36.4%) each year. All expenses for the organization totaled $187.9k during the year ending 12/2022. 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
EDUCATIONOF2,3,AND4YEAROLDSNUMBER:38
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jill Varnell Director | 40 | $32,481 | |
Cheryl Smithers Secretary | 1 | $0 | |
Jen Davis Community Member | 1 | $0 | |
Debby Clarke Treasurer And Office Staff | 18 | $8,695 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $254 |
| Total Program Service Revenue | $55,268 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $2,239 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $57,761 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $123,234 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $9,466 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5,983 |
| Total expenses | $187,948 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |