Fayette Academy

Education organization based in Somerville, TN. 118 employees. Exempt under §501(c)(3).

MissionTO PROVIDE CO-EDUCATIONAL AND EXTRACURRICULAR ACTIVITIES TO STUDENTS FROM PRE-KINDERGARTEN TO 12TH GRADE.

EIN
62-0726245
State
TN
Sector
Education
Budget band
$5M–$10M
Latest filing
TY 2023
Records
1 officers · 5 years

Financial snapshot · TY 2023

$7.0M
Total revenue
$6.5M
Total expenses
$9.9M
Net assets

Financial health · TY 2023

15
Financial health needs attention
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
8
1.5 months of expenses
Program efficiency
8
53.4% spent on programs
Revenue diversity
41
Mix of program fees, grants & contributions

Leadership compensation

Robert Akins
HEAD OF SCHOOL
$129,050
28th percentile vs. peers

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Fayette Academy Executive Compensation | 990 Data | DoubleNine