REGENTS SCHOOL OF CHARLOTTESVILLE INC

EIN: 273330373 501(c)(3) Education

CHARLOTTESVILLE, VA

Total Revenue
$4,141,993
Total Expenses
$3,941,441
Total Assets
$13,012,496
Net Assets
$4,716,369
🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
VA
Principal Officer
COURTNEY PALUMBO
Phone
4342930633
Tax Period
2024-07-01 to 2025-06-30

REGENTS SCHOOL OF CHARLOTTESVILLE INC, founded in 2009, is a community nonprofit in the Education sector that reported $1.7M in total revenue in fiscal year 2018. Revenue surged 28% from the prior year, signaling strong growth momentum. Expenses of $1.4M left a modest 13% surplus.

Mission

REGENTS' MISSION IS TO PROVIDE A CLASSICAL AND CHRISTIAN EDUCATION, FOUNDED UPON AND INFORMED BY A BIBLICAL WORLDVIEW, THAT EQUIPS OUR STUDENTS TO KNOW, LOVE, AND PRACTICE THAT WHICH IS TRUE, GOOD, AND THE BEAUTIFUL AND CHALLENGES THEM TO LIVE PURPOSEFULLY AND INTELLIGENTLY AS SERVANTS OF THE LORD JESUS CHRIST FOR THE BENEFIT OF MAN AND THE GLORY OF GOD.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,036,716
Program Service Revenue $3,090,502
Investment Income $7,108
Other Revenue $7,667
TOTAL REVENUE $4,141,993

Expense Breakdown

Grants Paid $601,440
Salaries & Benefits $2,278,783
Fundraising Expenses $84,150
Program Expenses $3,418,147
Other Expenses $1,061,218
TOTAL EXPENSES $3,941,441

Year-over-Year Comparison

2024 2023 Change
Revenue $4,141,993 $3,356,680 +0.2%
Expenses $3,941,441 $2,678,125 +0.5%
Net Income $200,552 $678,555 -0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
5
Independent Members
5
Employees
55
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
1
$124,530
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
COURTNEY PALUMBO PRESIDENT 40.00
Officer
$98,978 $25,552 $124,530
MATT BASCOM VICE CHAIRMA N/A
Director
$0 $0 $0
PHILIP DAVIS TRUSTEE N/A
Director
$0 $0 $0
JACKIE JAMISON SECRETARY/TR N/A
Director
$0 $0 $0
DR DON RICHARDSON TRUSTEE N/A
Director
$0 $0 $0
DR MICHAEL ROSE CHAIRMAN N/A
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 $4,141,993 $3,941,441 $13,012,496 $200,552
2024 No data No data No data No data
2023 $2,370,624 $2,241,560 $7,713,861 $129,064
2022 $3,192,964 $1,998,426 $6,320,787 $1,194,538
2021 $3,232,954 $1,730,562 $4,653,668 $1,502,392
2020 $1,682,842 $1,518,086 $3,349,825 $164,756
2019 $1,663,799 $1,440,492 $1,741,402 $223,307
Explore More Nonprofits
Top 100 Nonprofits in Virginia Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare REGENTS SCHOOL OF CHARLOTTESVILLE INC with other nonprofits in Virginia and across the country.