PINEAPPLE COVE CLASSICAL ACADEMY AT WEST MELBOURNE INC

EIN: 301006718 501(c)(3) Education

WEST MELBOURNE, FL

Total Revenue
$8,762,150
Total Expenses
$9,219,510
Total Assets
$21,605,981
Net Assets
$-2,461,301
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
FL
Principal Officer
NORDA GORDON
Phone
3214992585
Tax Period
2022-07-01 to 2023-06-30

PINEAPPLE COVE CLASSICAL ACADEMY AT WEST MELBOURNE INC, founded in 2016, is a community nonprofit in the Education sector that reported $8.8M in total revenue in fiscal year 2022.

Mission

TO DEVELOP GRADUATES IN MIND AND CHARACTER THROUGH A CLASSICAL, CONTENT- RICH CURRICULUM THAT EMPHASIZES THE PRINCIPLES OF VIRTUOUS LIVING, TRADITIONAL LEARNING, AND CIVIC RESPONSIBILITY. WE ARE BUILDING INTELLIGENT, VIRTUOUS, AMERICAN CITIZENS.

Program Service Accomplishments

Program 1
Expenses: $4,783,523

TO PROVIDE A RIGOROUS CURRICULUM THAT USES TIME-TESTED INSTRUCTIONAL APPROACHES WITH PROVEN TRACK RECORDS OF SUCCESS. THE FOUNDATION FOR PINEAPPLE COVE CLASSICAL ACADEMY'S CURRICULUM IS THE CORE...

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TO PROVIDE A RIGOROUS CURRICULUM THAT USES TIME-TESTED INSTRUCTIONAL APPROACHES WITH PROVEN TRACK RECORDS OF SUCCESS. THE FOUNDATION FOR PINEAPPLE COVE CLASSICAL ACADEMY'S CURRICULUM IS THE CORE KNOWLEDGE SEQUENCE. THE CORE KNOWLEDGE SEQUENCE IS BASED UPON E.D. HIRSH'S IDEA OF CULTURAL LITERACY, WHICH MAKES IT THE IDEAL BASIS FOR A CLASSICAL LIBERAL ARTS SCHOOL.

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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 (2022)

Revenue Breakdown

Contributions & Grants $7,902,021
Program Service Revenue $846,620
Investment Income $13,509
Other Revenue $0
TOTAL REVENUE $8,762,150

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,858,227
Fundraising Expenses $0
Program Expenses $4,783,523
Other Expenses $4,361,283
TOTAL EXPENSES $9,219,510

Year-over-Year Comparison

2022 2021 Change
Revenue $8,762,150 $8,310,748 +0.1%
Expenses $9,219,510 $8,792,796 +0.0%
Net Income $-457,360 $-482,048 -0.1%
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
6
Independent Members
6
Employees
188
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
2
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MIKE CONTRERAS BOARD MEMBER N/A
Director
$0 $0 $0
NORDA GORDON PRESIDENT N/A
Officer Director
$0 $0 $0
SHAKIRA GUICE BOARD MEMBER N/A
Director
$0 $0 $0
REBECCA NAGEL BOARD MEMBER N/A
Director
$0 $0 $0
NICOLE SILVESTRI PARENT LIAIS N/A
Director
$0 $0 $0
ANGELA STURM SECRETARY N/A
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 No data No data No data No data
2024 No data No data No data No data
2023 $8,762,150 $9,219,510 $21,605,981 $-457,360
2022 $8,310,748 $8,792,796 $22,341,962 $-482,048
2021 $6,377,842 $6,195,243 $22,494,529 $182,599
2020 $4,820,521 $5,101,302 $12,125,252 $-280,781
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