Face to Face Academy

Analysis

Face to Face Academy is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in April 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Face to Face Academy reported income of $2.2m and spending of $1.7m, leaving 21% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.5m to $2.2m (+47%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 25%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Face to Face Academy sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within MN. Charities of a similar size with the same main cause include Kansas City Girls Preparatory Academy Foundation ($2.2m), Building African American Minds Inc ($2.2m) and Tallahassee State College Foundation Inc ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $482k (28% of expenses). Other salaries and wages came to $474k. At year end it held assets of $2.4m against liabilities of $2.0m, net assets of $458k. It reported 20 employees.