South Bay Faith Academy Inc
Nonprofit profile at a glance
- EIN
- 330349067
- IRS 990-EZ coverage
- 2014–2024
- Forms available
- Form 990-EZ 2024
- Location
- Redondo Beach, CA, USA
- Phone
- 3234288577
- Rating
- 70
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Primary, Elementary Schools
- Affiliation
- Christianity
Reported finances
- Revenue
- $124,276
- Expenses
- $139,479
- Assets
- $50,807
- Liabilities
- $37,212
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- Ken Tachikawa (President)
People named in this filing
- Ken Tachikawa (President)
- Sandra Schneider (Secretary)
- Houston Brignano (CFO)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Christian Education for approximately 165 students.
What it reported doing in 2024
Classes for homeschool students, serving 93 families (approximately 165 students).
Operating model
- Revenue model
- Earned-program. 75% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up. A relatively small share of total spending goes to programs and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 59
- Transparency & Controls: 100
- Sustainability: 17
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 61.8%; rating input score 62
- Program expense ratio: 55.1%; rating input score 55
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -12.2%; rating input score 13; 13th percentile among comparable filings
- Total-asset coverage ratio: 0.36; rating input score 30; 30th percentile among comparable filings
- Liabilities to assets ratio: 0.73; rating input score 7; 7th percentile among comparable filings
- Officer compensation ratio: 32.1%; rating input score 10; 10th percentile among comparable filings
Growth
- Program expense growth: -0.6% per year; rating input score 0; 28th percentile among comparable filings
- Revenue growth: -0.5% per year; rating input score 0; 19th percentile among comparable filings
- Asset growth: -1.3% per year; rating input score 0; 23rd percentile among comparable filings
Details
- Where the money goes: 61.8% of revenue deployed · 55.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $77K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 4 filed schedules
- Filing history: 11 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Money network: 5 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Program expense ratio scored 55/100.
- High — Sustainability: Operating margin scored 13/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 30/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 7/100.
- High — Sustainability: Officer compensation ratio scored 10/100.