HAGIA SOPHIA CLASSICAL ACADEMY INC

EIN: 452877535 501(c)(3) Education

INDIANAPOLIS, IN

Total Revenue
$258,408
Total Expenses
$177,633
Total Assets
$155,328
Net Assets
$155,328
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

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
2011
Legal Domicile
IN
Principal Officer
K MARK CLEVENGER
Phone
3179972116
Tax Period
2021-01-01 to 2021-12-31

HAGIA SOPHIA CLASSICAL ACADEMY INC, founded in 2011, is a small nonprofit in the Education sector that reported $258K in total revenue in fiscal year 2021. Revenue surged 47% from the prior year, signaling strong growth momentum. The organization ran a surplus of $81K, a strong 31% operating margin.

Mission

TO PROVIDE A CURRICULUM THAT EMPHASIZES MASTERY, CONNECTION BETWEEN DISCIPLINES, KNOWLEDGE WITH PURPOSE, WISDOM AND VIRTUE. TO PREPARE STUDENTS TO APPROACH LIFE AND VOCATION WITH EXCEPTIONAL SKILL, FAITH, HUMILITY AND HONOR, HAVING AS ITS SOURCE JESUS CHRIST - THE WISDOM, WORD, AND SON OF GOD. TO EDUCATE THE WHOLE HUMAN PERSON MIND, HEART AND BODY

Program Service Accomplishments

Program 1
Expenses: $170,478 Revenue: $89,461

ENROLLED 31 FULL TIME AND PART TIME STUDENTS IN GRADES K-12. WE OFFER THE CLASSICAL CURRICULUM OF THE 7 LIBERAL ARTS AND THE 4 SCIENCES. STS CONSTANTINE AND ELENA ORTHODOX CHURCH ALLOWS RENT FREE USE...

Read more

ENROLLED 31 FULL TIME AND PART TIME STUDENTS IN GRADES K-12. WE OFFER THE CLASSICAL CURRICULUM OF THE 7 LIBERAL ARTS AND THE 4 SCIENCES. STS CONSTANTINE AND ELENA ORTHODOX CHURCH ALLOWS RENT FREE USE OF ITS FACILITIES. A FEW PARISHIONERS ALSO VOLUNTEER THEIR TIME.

🔒

Trantor Score

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

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 (2021)

Revenue Breakdown

Contributions & Grants $167,972
Program Service Revenue $89,461
Investment Income $0
Other Revenue $975
TOTAL REVENUE $258,408

Expense Breakdown

Grants Paid $7,250
Salaries & Benefits $115,714
Fundraising Expenses $278
Program Expenses $170,478
Other Expenses $54,669
TOTAL EXPENSES $177,633

Year-over-Year Comparison

2021 2020 Change
Revenue $258,408 $176,221 +0.5%
Expenses $177,633 $126,293 +0.4%
Net Income $80,775 $49,928 +0.6%
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
6
Independent Members
6
Employees
18
Volunteers
20

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
$13,050
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ZACHARY WALTZ HEADMASTER 040.00
Officer
$13,050 $0 $13,050
K MARK CLEVENGER PRESIDENT / BOARD CHAIR 001.00
Officer Director
$0 $0 $0
KATHLEEN RYERSON VICE PRESIDENT 000.50
Officer Director
$0 $0 $0
ROGER WM BENNETT SECRETARY-TREASURER 001.00
Officer Director
$0 $0 $0
FR DAVID WEY MEMBER 000.50
Director
$0 $0 $0
JANE WEINER MEMBER 000.50
Director
$0 $0 $0
BRETT ZIMMERMAN MEMBER 000.50
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
2024 No data No data No data No data
2021 $258,408 $177,633 $155,328 $80,775
Explore More Nonprofits
→Top 100 Nonprofits in Indiana →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare HAGIA SOPHIA CLASSICAL ACADEMY INC with other nonprofits in Indiana and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.