RENAISSANCE CLASSICAL ACADEMY INC

EIN: 262150534 501(c)(3) Education

FAYETTEVILLE, NC

Total Revenue
$315,803
Total Expenses
$308,700
Total Assets
$19,614
Net Assets
$19,614
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
NC
Principal Officer
RAY HENRICKSON
Phone
9102210400
Tax Period
2024-08-01 to 2025-07-31

RENAISSANCE CLASSICAL ACADEMY INC, founded in 2008, is a small nonprofit in the Education sector that reported $316K in total revenue in fiscal year 2024. Revenue fell 54% from the prior year — a significant decline worth monitoring.

Mission

TO PROVIDE AN EXCELLENT CLASSICAL EDUCATION THROUGH THE LENS OF A BIBLICAL WORLDVIEW

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,774
Program Service Revenue $313,028
Investment Income $1
Other Revenue $0
TOTAL REVENUE $315,803

Expense Breakdown

Grants Paid $0
Salaries & Benefits $239,316
Fundraising Expenses $0
Program Expenses $308,700
Other Expenses $69,384
TOTAL EXPENSES $308,700

Year-over-Year Comparison

2024 2023 Change
Revenue $315,803 $681,898 -0.5%
Expenses $308,700 $718,634 -0.6%
Net Income $7,103 $-36,736 -1.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
8
Independent Members
7
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ADAM TIPPERY DIRECTOR 1.00
Director
$0 $0 $0
LARRY ANDERSON DIRECTOR 1.00
Director
$0 $0 $0
CHERYL ALLIN DIRECTOR 1.00
Director
$0 $0 $0
SREENI VADLAPATLA DIRECTOR 1.00
Director
$0 $0 $0
RAY HENRICKSON PRESIDENT 5.00
Officer Director
$0 $0 $0
JOSHUA GOODMANN VICE PRESIDENT 5.00
Officer Director
$0 $0 $0
TINA MITCHELL SECRETARY 1.00
Officer Director
$0 $0 $0
WESLEY WHITEHEAD TREASURER 5.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $315,803 $308,700 $19,614 $7,103
2024 $315,803 $308,700 $19,614 $7,103
2023 $681,898 $718,634 $12,511 $-36,736
2022 $230,093 $257,340 $49,247 $-27,247
2021 $267,369 $267,296 $77,348 $73
2020 $230,692 $214,793 $77,704 $15,899
2019 $535,100 $517,989 $66,533 $17,111
2018 $497,460 $373,286 $636,210 $124,174
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