Faith Family Academy Charter Schools 
The information on this page was last updated 2/19/2026. If you see errors or omissions, please email: [email protected]
Summary
Faith Family Academy is a free open-enrollment charter school district. We provide opportunities and experiences to challenge students to grow academically, physically, mentally, and socially.
Contact information
Mailing address:
Faith Family Academy
1608 Osprey Drive
Desoto, TX 75115
Website: www.faithfamilyacademy.org
Phone: (972) 224-4110
Email: [email protected]
Organization details
EIN: 061689571
CEO/President:
Chairman: Gene Lewis
Board size: 4
Founder:
Ruling year: 2024
Tax deductible: Yes
Fiscal year end: 08/31
Member of ECFA: No
Member of ECFA since:
Purpose
To provide an exemplary education that emphasizes positive self-esteem, high academic standards, an appreciation for the fine arts, and encourage civic responsibility. The school organizations at FFA will ultimately enable students to serve as responsible citizens in the community.
Mission statement
Faith Family Academy educates, empowers, and inspires every child for lifelong success.
Statement of faith
Articles
| 2/27/2026 | Cross International Soars in Financial Efficiency, Equipping the Persecuted Plummets |
Donor confidence score
Show donor confidence score details
To understand our donor confidence score, click here.
Transparency grade
C
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: K-12 Schools/Academies
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 20 of 1479 | 1 of 212 |
| Fund acquisition rating | | 3 of 1479 | 1 of 212 |
| Resource allocation rating | | 134 of 1479 | 14 of 212 |
| Asset utilization rating | | 201 of 1480 | 18 of 212 |
According to the organization's Form 990, it received $43,478,927 in government grants in 2025.
To understand our financial efficiency ratings, click here.
Financial ratios
| Funding ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 10% | 0% | 0% | 0% | 0% | 0% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 2% | 0% | 0% | 0% | 0% | 0% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 13% | 93% | 98% | 99% | 99% | 99% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 2% | 0% | 0% | 0% | 0% | 0% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 87% | 7% | 2% | 1% | 1% | 1% |
| Operating ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Program expense ratio Program expense ratio = Program services / Total expenses | 83% | 93% | 94% | 94% | 94% | 93% |
Spending ratio Spending ratio = Total expenses / Total revenue | 93% | 97% | 104% | 103% | 98% | 97% |
Program output ratio Program output ratio = Program services / Total revenue | 77% | 90% | 97% | 97% | 92% | 90% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 7% | 3% | -4% | -3% | 2% | 3% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 7% | 8% | -11% | -7% | 5% | 7% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 14% | 7% | 6% | 6% | 6% | 7% |
| Investing ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.55 | 1.14 | 1.24 | 1.08 | 1.00 | 0.88 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 2.96 | 4.05 | 3.92 | 3.38 | 2.96 | 2.29 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.88 | 4.63 | 4.86 | 3.64 | 2.96 | 2.01 |
| Liquidity ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Current ratio Current ratio = Total current assets / Total current liabilities | 2.79 | 2.74 | 5.97 | 8.70 | 8.42 | 8.41 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.35 | 0.36 | 0.17 | 0.11 | 0.12 | 0.12 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 3.76 | 1.64 | 2.06 | 2.92 | 3.57 | 5.26 |
| Solvency ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 30% | 57% | 58% | 55% | 54% | 56% |
Debt ratio Debt ratio = Debt / Total assets | 10% | 48% | 53% | 52% | 50% | 51% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 116% | 38% | 34% | 42% | 46% | 50% |
Financials
| Balance sheet | |||||
| Assets | 2025 | 2024 | 2023 | 2022 | 2021 |
| Cash | $2,890,753 | $3,847,142 | $6,058,594 | $9,172,628 | $11,516,813 |
| Receivables, inventories, prepaids | $6,845,889 | $5,570,272 | $5,433,774 | $4,646,364 | $5,943,278 |
| Short-term investments | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $9,736,642 | $9,417,414 | $11,492,368 | $13,818,992 | $17,460,091 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $29,241,525 | $26,757,385 | $26,757,522 | $27,089,143 | $22,447,792 |
| Other long-term assets | $464,844 | $768,879 | $605,727 | $0 | $0 |
| Total long-term assets | $29,706,369 | $27,526,264 | $27,363,249 | $27,089,143 | $22,447,792 |
| Total assets | $39,443,011 | $36,943,678 | $38,855,617 | $40,908,135 | $39,907,883 |
| Liabilities | 2025 | 2024 | 2023 | 2022 | 2021 |
| Payables and accrued expenses | $3,552,888 | $1,577,645 | $1,320,309 | $1,641,848 | $2,075,271 |
| Other current liabilities | $0 | $0 | $0 | $0 | $0 |
| Total current liabilities | $3,552,888 | $1,577,645 | $1,320,309 | $1,641,848 | $2,075,271 |
| Debt | $18,811,985 | $19,721,496 | $20,094,041 | $20,606,665 | $20,161,850 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $0 | $0 | $0 | $0 | $0 |
| Total long-term liabilities | $18,811,985 | $19,721,496 | $20,094,041 | $20,606,665 | $20,161,850 |
| Total liabilities | $22,364,873 | $21,299,141 | $21,414,350 | $22,248,513 | $22,237,121 |
| Net assets | 2025 | 2024 | 2023 | 2022 | 2021 |
| Without donor restrictions | $8,276,928 | $5,195,228 | $4,246,467 | $3,733,652 | $3,289,371 |
| With donor restrictions | $8,801,210 | $10,449,309 | $13,194,800 | $14,925,970 | $14,381,391 |
| Net assets | $17,078,138 | $15,644,537 | $17,441,267 | $18,659,622 | $17,670,762 |
| Revenues and expenses | |||||
| Revenue | 2025 | 2024 | 2023 | 2022 | 2021 |
| Total contributions | $43,513,927 | $43,131,590 | $40,048,579 | $41,463,046 | $36,083,647 |
| Program service revenue | $221,882 | $469,566 | $260,267 | $227,757 | $157,096 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $2,522,741 | $195,219 | ($44,834) | $22,408 | $2,745 |
| Other revenue | $302,077 | $171,274 | $297,382 | $184,116 | $143,732 |
| Total other revenue | $3,046,700 | $836,059 | $512,815 | $434,281 | $303,573 |
| Total revenue | $46,560,627 | $43,967,649 | $40,561,394 | $41,897,327 | $36,387,220 |
| Expenses | 2025 | 2024 | 2023 | 2022 | 2021 |
| Program services | $42,047,341 | $42,790,542 | $39,395,883 | $38,387,402 | $32,638,519 |
| Management and general | $3,079,685 | $2,973,837 | $2,383,866 | $2,521,065 | $2,488,795 |
| Fundraising | $0 | $0 | $0 | $0 | $0 |
| Total expenses | $45,127,026 | $45,764,379 | $41,779,749 | $40,908,467 | $35,127,314 |
| Change in net assets | 2025 | 2024 | 2023 | 2022 | 2021 |
| Surplus (deficit) | $1,433,601 | ($1,796,730) | ($1,218,355) | $988,860 | $1,259,906 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $1,433,601 | ($1,796,730) | ($1,218,355) | $988,860 | $1,259,906 |
Compensation
| Name | Title | Compensation |
| Mollie J Purcell | Superintendent | $533,922 |
| Michael Dang | Chief Academic Officer | $412,107 |
| Amanda D Subjinski | Chief Compliance Officer | $299,257 |
| Shirley Heitzman | Asst Supt of Development | $292,791 |
| Brandon Thomas | Exec Director of Athletics | $207,399 |
| Gisselle Rivera Franco | CFO | $205,239 |
| Maria Garza | Asst Supt Mktg & Communications | $190,026 |
| Ryan Harris | Asst Supt of Education | $188,316 |
| Lorie Gassert | Asst Supt of Special Progr | $185,027 |
Compensation data as of: 8/31/2025
Response from ministry
No response has been provided by this ministry.
The information below was provided to MinistryWatch by the ministry itself. It was last updated 2/19/2026. To update the information below, please email: [email protected]
History
Since 1990, Faith Family Academy has provided exceptional, tuition-free education in Dallas and Waxahachie, preparing students from Pre-K to 12th grade for success in school, career, and life.