Skip to content
ProPublica Donate
ProPublica Donate

Believers Academy Inc

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Educational Institutions and Related Activities / Vocational, Technical Schools (NTEE)

Donations to this organization are tax deductible.

Details

According to its June 2023 tax filing, this nonprofit:

Operated a school
Organization is a school. Details are reported on Schedule E.

Summary charts: organization finances over time

Revenue
$1.88M (2023)

Expenses
$1.8M (2023)

Total Assets
$1.51M (2023)

Total Liabilities
$458k (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,877,382
Expenses
$1,804,766
Net Income
$72,616
Net Assets
$1,052,574
Notable Sources of Revenue Percent of Total Revenue
Contributions $514,730
27.4%
Program Services $1,360,310
72.5%
Investment Income $2,342
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $974,612
54.0%
Assets/Debt
Total Assets $1,510,864
Total Liabilities $458,290
Net Assets $1,052,574
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Maggie Prince (Principal) $130,716 $0 $22,166
Lori Dyer (Ceo) $60,000 $0 $26,244
Melissa Smith (President) $0 $0 $0
Lynn Kelly (Treasurer) $0 $0 $0
Bradford Layton (Secretary) $0 $0 $0
Bruce Fowler (Vice President) $0 $0 $0
Tammy Ferguson (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,656,325
Expenses
$1,889,108
Net Income
-$232,783
Net Assets
$979,959
Notable Sources of Revenue Percent of Total Revenue
Contributions $405,843
24.5%
Program Services $1,249,500
75.4%
Investment Income $982
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $948,368
50.2%
Assets/Debt
Total Assets $1,664,864
Total Liabilities $684,905
Net Assets $979,959
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Lori Dyer (Academic Director) $158,184 $0 $19,488
Melissa Smith (President) $0 $0 $0
Lynn Kelly (Treasurer) $0 $0 $0
Bradford Layton (Secretary) $0 $0 $0
Bruce Fowler (Vice President) $0 $0 $0
Tammy Ferguson (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,105,906
Expenses
$1,525,620
Net Income
$580,286
Net Assets
$1,212,742
Notable Sources of Revenue Percent of Total Revenue
Contributions $552,441
26.2%
Program Services $1,552,542
73.7%
Investment Income $923
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $136,772
9.0%
Professional Fundraising Fees $0
Other Salaries and Wages $674,842
44.2%
Assets/Debt
Total Assets $1,332,397
Total Liabilities $119,655
Net Assets $1,212,742
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Lori Dyer (Academic Director) $167,688 $0 $19,236
Melissa Smith (President) $0 $0 $0
Lynn Kelly (Vice President) $0 $0 $0
Bradford Layton (Secretary) $0 $0 $0
Bruce Fowler (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,784,223
Expenses
$1,682,179
Net Income
$102,044
Net Assets
$632,456
Notable Sources of Revenue Percent of Total Revenue
Contributions $239,427
13.4%
Program Services $1,543,158
86.5%
Investment Income $1,982
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$344
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $146,640
8.7%
Professional Fundraising Fees $0
Other Salaries and Wages $856,384
50.9%
Assets/Debt
Total Assets $963,327
Total Liabilities $330,871
Net Assets $632,456
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Lori Dyer (Academic Director) $152,323 $0 $18,072
Melissa Smith (President) $0 $0 $0
Adam Gellis (Vice President) $0 $0 $0
Christy Stacy (Secretary) $0 $0 $0
Bruce Fowler (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,713,194
Expenses
$1,722,572
Net Income
-$9,378
Net Assets
$530,412
Notable Sources of Revenue Percent of Total Revenue
Contributions $139,833
8.2%
Program Services $1,570,093
91.6%
Investment Income $3,498
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$230
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $136,772
7.9%
Professional Fundraising Fees $0
Other Salaries and Wages $911,826
52.9%
Assets/Debt
Total Assets $633,539
Total Liabilities $103,127
Net Assets $530,412
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Lori Dyer (Academic Director) $136,772 $0 $17,160
Melissa Smith (President) $0 $0 $0
Adam Gellis (Vice President) $0 $0 $0
Christy Stacy (Secretary) $0 $0 $0
Bruce Fowler (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,605,885
Expenses
$1,607,093
Net Income
-$1,208
Net Assets
$539,790
Notable Sources of Revenue Percent of Total Revenue
Contributions $158,387
9.9%
Program Services $1,446,415
90.1%
Investment Income $3,138
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$2,055
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $244,969
15.2%
Professional Fundraising Fees $0
Other Salaries and Wages $680,543
42.3%
Assets/Debt
Total Assets $634,786
Total Liabilities $94,996
Net Assets $539,790
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Lori Dyer (Academic Director) $131,040 $0 $17,160
Mark Manners (Operations Director) $104,904 $0 $17,160
Melissa Smith (President) $0 $0 $0
Adam Gellis (Vice President) $0 $0 $0
Christy Stacy (Secretary) $0 $0 $0
Bruce Fowler (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,592,420
Expenses
$1,526,380
Net Income
$66,040
Net Assets
$540,999
Notable Sources of Revenue Percent of Total Revenue
Contributions $180,275
11.3%
Program Services $1,400,643
88.0%
Investment Income $2,969
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $8,323
0.5%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $210
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $146,256
9.6%
Professional Fundraising Fees $0
Other Salaries and Wages $748,803
49.1%
Assets/Debt
Total Assets $661,023
Total Liabilities $120,024
Net Assets $540,999
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Lori Dyer (Academic Director) $127,212 $0 $17,160
Mark Manners (Operations Director) $104,304 $0 $17,160
Melissa Smith (President) $0 $0 $0
Adam Gellis (Vice President) $0 $0 $0
Christy Stacy (Secretary) $0 $0 $0
Bruce Fowler (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,571,275
Expenses
$1,615,264
Net Income
-$43,989
Net Assets
$474,959
Notable Sources of Revenue Percent of Total Revenue
Contributions $143,666
9.1%
Program Services $1,410,544
89.8%
Investment Income $2,917
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $8,480
0.5%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $5,668
0.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $142,488
8.8%
Professional Fundraising Fees $0
Other Salaries and Wages $789,003
48.8%
Assets/Debt
Total Assets $606,616
Total Liabilities $131,657
Net Assets $474,959
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Lori Dyer (Academic Director) $123,492 $0 $16,860
Mark Manners (Operations Director) $102,780 $0 $16,860
Melissa Smith (President) $0 $0 $0
Adam Gellis (Vice President) $0 $0 $0
Gigi English (Secretary) $0 $0 $0
Bruce Fowler (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,680,549
Expenses
$1,605,213
Net Income
$75,336
Net Assets
$518,948
Notable Sources of Revenue Percent of Total Revenue
Contributions $176,031
10.5%
Program Services $1,501,954
89.4%
Investment Income $2,564
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $138,238
8.6%
Professional Fundraising Fees $0
Other Salaries and Wages $750,769
46.8%
Assets/Debt
Total Assets $644,348
Total Liabilities $125,400
Net Assets $518,948
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Lori Dyer (Academic Director) $121,678 $0 $16,560
Melissa Smith (President) $0 $0 $0
Adam Gellis (Vice President) $0 $0 $0
Gigi English (Secretary) $0 $0 $0
Bruce Fowler (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,623,817
Expenses
$1,542,384
Net Income
$81,433
Net Assets
$443,612
Notable Sources of Revenue Percent of Total Revenue
Contributions $174,527
10.7%
Program Services $1,447,155
89.1%
Investment Income $2,135
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $894,369
58.0%
Assets/Debt
Total Assets $579,222
Total Liabilities $135,610
Net Assets $443,612
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Lori Dyer (Academic Director) $116,976 $0 $16,080
Melissa Smith (President) $0 $0 $0
Adam Gellis (Vice President) $0 $0 $0
Gigi English (Secretary) $0 $0 $0
Bruce Fowler (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,397,172
Expenses
$1,501,345
Net Income
-$104,173
Net Assets
$362,179
Notable Sources of Revenue Percent of Total Revenue
Contributions $173,556
12.4%
Program Services $1,221,113
87.4%
Investment Income $2,503
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $126,642
8.4%
Professional Fundraising Fees $0
Other Salaries and Wages $680,231
45.3%
Assets/Debt
Total Assets $509,563
Total Liabilities $147,384
Net Assets $362,179

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,355,262
Expenses
$1,358,703
Net Income
-$3,441
Net Assets
$466,352
Notable Sources of Revenue Percent of Total Revenue
Contributions $137,909
10.2%
Program Services $1,213,733
89.6%
Investment Income $3,620
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $766,218
56.4%
Assets/Debt
Total Assets $544,155
Total Liabilities $77,803
Net Assets $466,352

Document Links

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,326,933
Expenses
$1,281,399
Net Income
$45,534
Net Assets
$469,793
Notable Sources of Revenue Percent of Total Revenue
Contributions $165,024
12.4%
Program Services $1,157,468
87.2%
Investment Income $4,441
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $754,667
58.9%
Assets/Debt
Total Assets $547,447
Total Liabilities $77,654
Net Assets $469,793

Document Links

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »