Fiafw
Fiafw reported $15.0 million in revenue and $19.0 million in expenses for the fiscal year ending June 30, 2023. Of every $100 it spent, $78.27 went to program services, $21.73 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 90.3% of the total. Government grants made up 7.9%. The highest compensation it reported for one person was $158,699 (CEO/SUPERINTENDENT). 1 person received more than $100,000 in reportable compensation. Revenue fell 7% between FY2020 and FY2023. Source: Form 990, FY2023.
Where $100 of spending went
The fiscal year ending June 30, 2023 · Form 990, Part IX, line 25 · total expenses $19MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2023 · Form 990, Part VIII · total revenue $15MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2023 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 78.3% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 21.7% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 7.9% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 7.9% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 90.3% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $158,699 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.83% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 1 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | -1.1 | 13.3 |
| Independent voting board members Part VI 1a–1b | 4 of 4 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2023 · Form 990, Part III · the three largest programs by expenseHigh point academy applied learning charter school is a kindergarten through eighth grade school with a first year enrollment (2015-2016) of 462 students. The school infuses its educational program with the fine arts to create an environment rich in relationships and strong academics. The academy began providing educational services to students in 9th and 10th grade in the 2016-2017 school year and added 11th in 2017-2018 and 12th in the 2018-2019 school year
Highest reported compensation
FY2023 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| CEO/SUPERINTENDENT Officer, 40.00 hrs/week | $146,853 | $0 | $11,846 | $158,699 |
1 people received more than $100,000 in reportable compensation from Fiafw (Part VII, line 2). Compensation of current officers, directors and key employees totaled $161K (Part IX, line 5).
4 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2023 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b4 · 4 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5284
- Volunteers Part I, line 6125
Largest outside contractors
FY2023 · Form 990, Part VII, Section B · businesses only| AIM Sped services | $516,028 |
| SCHOLASTIC SOLUTIONS LLC Back office services | $410,903 |
| EMBASSY BUILDING MAINTENANCE Custodial and maintenance services | $248,547 |
| ASHTON CONSTRUCTION Building construction services | $155,000 |
Individuals listed as contractors are left out. 4 contractors were paid more than $100,000 in all.
Correct a figure or respond
Every number above is copied from Fiafw's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Fiafw, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Fiafw spent in FY2023, $78.27 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Alianza Para LA Educacion AlternativaSan Juan, PR · revenue $15M · programs 99.1% · FY2025
- Southwest Winners FoundationSan Antonio, TX · revenue $15M · programs 94.2% · FY2025
- Bethlehem Christian Academy LlcBethlehem, GA · revenue $15M · programs 80.6% · FY2025
- Academy at the LakesLand O Lakes, FL · revenue $15M · programs 77.2% · FY2025
- Accelerate - the National Collaborative for Accelerated LearningNashville, TN · revenue $15M · programs 94.9% · FY2025
Questions people ask
How much of Fiafw's spending goes to programs?
In the fiscal year ending June 30, 2023, Fiafw reported that 78.3% of its $19.0 million in expenses went to program services, 21.7% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Fiafw pay its top executive?
The largest total compensation Fiafw reported for one person in the fiscal year ending June 30, 2023 was $158,699, for the role of CEO/SUPERINTENDENT (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Fiafw get its money?
Of $15.0 million in revenue in the fiscal year ending June 30, 2023, 7.9% came from contributions and grants (including 7.9% from government grants) and 90.3% from program service revenue (Form 990, Part VIII).
Is Fiafw a registered charity?
The IRS lists EIN 27-3936300 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202401369349310700 · read the filing · XML
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202341329349304664 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202201369349311910 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202131349349302498 · read the filing
All filings for EIN 27-3936300: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.