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
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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
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

A CHRIST-CENTERED SCHOOL PROVIDING CLASSICAL EDUCATION FOR STUDENTS IN GRADES K-12

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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 (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
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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
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
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