Vanguard Classical School Inc

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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

Principal Officer

Karen Secor

Phone

3036912384

Tax Period

2024-07-01 to 2025-06-30

Vanguard Classical School Inc, founded in 2008, is a mid-sized nonprofit in the Education sector that reported $19.3M in total revenue in fiscal year 2024. Expenses of $18.7M left a modest 3% surplus.

Mission

The mission of Vanguard Classical School is to facilitate individual academic achievement and character development through a rigorous, content-rich, inclusive learning environment.

Program Service Accomplishments

Program 1

Expenses: $15,861,124 Revenue: $17,484,235

Vanguard Classical School graduates will be literate in the classics and the ideals of Western Civilization, while valuing the diversity of ideas, abilities, and cultures in today's world, and will...

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,426,063

Program Service Revenue $17,483,733

Investment Income $434,268

Other Revenue $502

TOTAL REVENUE $19,344,566

Expense Breakdown

Grants Paid $0

Salaries & Benefits $10,880,069

Fundraising Expenses $0

Program Expenses $15,861,124

Other Expenses $7,813,804

TOTAL EXPENSES $18,693,873

Year-over-Year Comparison

	2024	2023	Change
Revenue	$19,344,566	$18,349,873	+0.1%
Expenses	$18,693,873	$17,594,555	+0.1%
Net Income	$650,693	$755,318	-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

Governance

Voting Members

Independent Members

Employees

207

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

$376,261

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Natalie Doxey	President	4.00	Officer Director	$0	$0	$0
Ousman Ba	Director	2.00	Director	$0	$0	$0
Ryan Gensler	Director	2.00	Director	$0	$0	$0
Vanessa Sanchez	Secretary	2.00	Officer Director	$0	$0	$0
Karen Secor	Executive Director	40.00	Officer	$154,180	$34,773	$188,953
Keria McCafferty	Principal	40.00	Officer	$151,549	$35,759	$187,308

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	$19,344,566	$18,693,873	$17,524,734	$650,693
2024	$18,349,873	$17,594,555	$16,701,511	$755,318
2023	$17,640,882	$16,260,327	$13,350,575	$1,380,555
2022	$15,790,045	$10,207,063	$12,495,926	$5,582,982
2021	$15,136,544	$10,080,198	$11,822,607	$5,056,346
2020	$14,378,567	$10,874,278	$5,746,171	$3,504,289
2019	$13,056,084	$12,168,391	$7,425,991	$887,693