Nonprofit · EIN 74-2888658
FAITH ACADEMY OF MARBLE FALLS
Tax-exempt · MARBLE FALLS, TX 78654
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| May 31, 2025 | 990 | $4,328,700 | $3,783,197 | $545,503 | $9,284,084 | $1,735,899 | $7,548,185 |
| May 31, 2024 | 990 | $3,883,561 | $3,582,631 | $300,930 | $8,893,631 | $1,890,949 | $7,002,682 |
| May 31, 2023 | 990 | $3,444,748 | $3,220,275 | $224,473 | $8,749,965 | $2,055,902 | $6,694,063 |
Financial details: 990 for the year ended May 31, 2025
Revenue
- Contributions, gifts and grants
- $1,147,842
- Program service revenue
- $3,040,118
- Investment income
- $73,755
- Net income from fundraising events
- -$19,213
- Other revenue
- $66,985
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $2,193,195
- Salaries, compensation and benefits (total)
- $2,193,195
- Professional fundraising fees
- $0
- Accounting fees
- $46,900
- Occupancy
- $326,350
- Depreciation
- $390,312
- Program services (functional)
- $2,812,943
- Management and general (functional)
- $970,254
Balance sheet and other
- Total assets, start of year
- $8,893,631
- Total assets, end of year
- $9,284,084
- Total liabilities, end of year
- $1,735,899
- Net assets, end of year
- $7,548,185
- Land, buildings and equipment
- $6,931,975
- Gross receipts
- $4,362,913
- Employees
- 113
- Volunteers
- 110
- Year formed
- 1999
- State of legal domicile
- TX
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended May 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| AMY COZBY | HEADMASTER/DIRECTOR Trustee or director | 40 | $93,113 |
| AMY LYNN PAYNE | PRESIDENT Trustee or director, Officer | 5 | $0 |
| BAMI WOOD | BOARD MEMBER Trustee or director | 5 | $0 |
| PRESTON ROSAMOND | TREASURER Trustee or director, Officer | 5 | $0 |
| JEFF STEELE | BOARD MEMBER Trustee or director | 5 | $0 |
| STUART NUNNALLY | TRUSTEE Trustee or director | 5 | $0 |
| REBECCA NUNNALLY | TRUSTEE Trustee or director | 5 | $0 |
| TODD CUMMINGS | BOARD MEMBER Trustee or director | 5 | $0 |
| AJ PUCEK | BOARD MEMBER Trustee or director | 5 | $0 |
| HEATHER PRICE | BOARD MEMBER Trustee or director | 5 | $0 |
| LANE FREEMAN | BOARD MEMBER Trustee or director | 5 | $0 |
990 for the year ended May 31, 2024: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| AMY COZBY | HEADMASTER/DIRECTOR Trustee or director | 40 | $89,565 |
| AMY LYNN PAYNE | PRESIDENT Trustee or director, Officer | 5 | $0 |
| BAMI WOOD | BOARD MEMBER Trustee or director | 5 | $0 |
| APRIL OWENS | SECRETARY Trustee or director, Officer | 5 | $0 |
| PRESTON ROSAMOND | TREASURER Trustee or director, Officer | 5 | $0 |
| JEFF STEELE | BOARD MEMBER Trustee or director | 5 | $0 |
| TERRY BURNETT | BOARD MEMBER Trustee or director | 5 | $0 |
| STUART NUNNALLY | TRUSTEE Trustee or director | 5 | $0 |
| REBECCA NUNNALLY | TRUSTEE Trustee or director | 5 | $0 |
| TODD CUMMINGS | BOARD MEMBER Trustee or director | 5 | $0 |
| AJ PUCEK | BOARD MEMBER Trustee or director | 5 | $0 |
990 for the year ended May 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| AMY COZBY | HEADMASTER/DIRECTOR Trustee or director | 40 | $81,257 |
| AMY LYNN PAYNE | PRESIDENT/SECRETARY Trustee or director, Officer | 2 | $0 |
| BAMI WOOD | BOARD MEMBER Trustee or director | 2 | $0 |
| APRIL OWENS | BOARD MEMBER Trustee or director | 2 | $0 |
| TODD CUMMINGS | BOARD MEMBER Trustee or director, Officer | 2 | $0 |
| DEE ANNA PIATEK | TREASURER Trustee or director, Officer | 2 | $0 |
| JEFF STEELE | BOARD MEMBER Trustee or director | 2 | $0 |
| TERRY BURNETT | BOARD MEMBER Trustee or director | 2 | $0 |
| STUART NUNNALLY | TRUSTEE Trustee or director | 2 | $0 |
| REBECCA NUNNALLY | TRUSTEE Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 3151 E FM 1431, MARBLE FALLS, TX 78654-3686
- In care of
- % HOWARD L WORTHING
- Principal officer (990 for 2024)
- AMY COZBY, PO BOX 1240, MARBLE FALLS, TX 78654
- Signed the 990
- AMY COZBY, HEADMASTER / DIRECTOR
- Phone
- (830) 798-1333
- Website
- FAMF.ORG
- Return prepared by
- OLIVER RAINEY & WOJTEK LLP
Mission
PRIVATE CHRISTIAN COLLEGE PREPARATORY SCHOOL FOR ELEMENTARY AND SECONDARY STUDENTS.
Program accomplishments
- FAITH ACADEMY IS A COLLEGE PREPARATORY SCHOOL FOR ELEMENTARY AND SECONDARY STUDENTS AND SERVES APPROXIMATELY 388 STUDENTS.Expenses $2,812,943 · revenue $3,126,316
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in May, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | May 31, 2026 | October 15, 2026 | Not on file |
| 2024 | May 31, 2025 | October 15, 2025 | 990 on file |
| 2023 | May 31, 2024 | October 15, 2024 | 990 on file |
IRS record
- EIN
- 74-2888658
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1999
- Accounting year ends
- May
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B20)
- Assets (IRS master file)
- $9,284,084
- Income (IRS master file)
- $4,362,913
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | May 2025 | $4,328,700 | $3,783,197 | $9,284,084 | XML |
| 990 | May 2024 | $3,883,561 | $3,582,631 | $8,893,631 | XML |
| 990 | May 2023 | $3,444,748 | $3,220,275 | $8,749,965 | XML |
| 990 | May 2022 | $3,362,480 | $2,761,263 | $8,450,552 | IRS |
| 990 | May 2021 | – | – | – | IRS |
| 990 | May 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 74-2888658).
Questions about FAITH ACADEMY OF MARBLE FALLS
- What is the EIN of FAITH ACADEMY OF MARBLE FALLS?
- The employer identification number (EIN) of FAITH ACADEMY OF MARBLE FALLS is 74-2888658.
- Is FAITH ACADEMY OF MARBLE FALLS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
- Are donations to FAITH ACADEMY OF MARBLE FALLS tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FAITH ACADEMY OF MARBLE FALLS file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of FAITH ACADEMY OF MARBLE FALLS due?
- The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FAITH ACADEMY OF MARBLE FALLS last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended May 2025.
- Who is the principal officer of FAITH ACADEMY OF MARBLE FALLS?
- The 990 for the year ended May 31, 2025 names AMY COZBY.
- Who are the officers and directors of FAITH ACADEMY OF MARBLE FALLS?
- The 990 for the year ended May 31, 2025 lists 11 people; 1 received compensation from the organization, the highest $93,113 (AMY COZBY, HEADMASTER/DIRECTOR).
- How much revenue does FAITH ACADEMY OF MARBLE FALLS have?
- On its 990 for the year ended May 31, 2025 it reported revenue of $4,328,700, expenses of $3,783,197 and total assets of $9,284,084 at year end.
Other nonprofits in MARBLE FALLS
- HILL COUNTRY EDUCATIONAL LEADERSHIP EIN 83-2225727 · last filed 990 for 2025
- MARBLE FALLS ISD EDUCATION FOUNDATION EIN 82-1250607 · last filed 990 for 2025
- FRIENDS OF THE MARBLE FALLS LIBRARY EIN 74-2466811 · last filed 990 for 2025
- MARBLE FALLS ATHLETIC BOOSTER CLUB EIN 26-2007050 · last filed 990 for 2025
- MARBLE FALLS KIWANIS CLUB FOUNDATIO N EIN 74-2379019 · last filed 990-EZ for 2025
- B2SB INC EIN 83-3996762 · last filed 990-N for 2025
- MARBLE FALLS HIGH SCHOOL PROJECT GRADUATION EIN 05-0609625 · last filed 990-EZ for 2024
- COLT ELEMENTRY PTO EIN 20-5755400 · last filed 990-EZ for 2025