GENESIS CLASSICAL ACADEMY INC

EIN: 454494392 501(c)(3) Education

WINNEBAGO, MN

Total Revenue
$855,425
Total Expenses
$766,562
Total Assets
$607,272
Net Assets
$310,592
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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
2012
Legal Domicile
MN
Principal Officer
DAREN BARNETT
Phone
5078933600
Tax Period
2024-07-01 to 2025-06-30

GENESIS CLASSICAL ACADEMY INC, founded in 2012, is a small nonprofit in the Education sector that reported $855K in total revenue in fiscal year 2024. Expenses of $767K left a modest 10% surplus.

Mission

THE ACADEMIC AND SPIRITUAL EDUCATION OF STUDENTS USING THE CLASSICAL METHODOLOGY OF GRAMMER, LOGIC AND THETORIC AND THE SPIRITUAL GUIDANCE FOUND IN CHRISTIANITY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $316,011
Program Service Revenue $481,215
Investment Income $0
Other Revenue $58,199
TOTAL REVENUE $855,425

Expense Breakdown

Grants Paid $0
Salaries & Benefits $562,862
Fundraising Expenses $1,200
Program Expenses $656,521
Other Expenses $203,700
TOTAL EXPENSES $766,562

Year-over-Year Comparison

2024 2023 Change
Revenue $855,425 $849,118 +0.0%
Expenses $766,562 $890,590 -0.1%
Net Income $88,863 $-41,472 -3.1%
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
5
Employees
34
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
5
$14,315
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RANDY GETTIS DIRECTOR 1.00
Director
$0 $0 $0
JOSHUA STENSLAND DIRECTOR 1.00
Director
$0 $0 $0
RENEE DOYLE HEADMASTER 1.00
Director
$14,315 $0 $14,315
WILLIAM ERICKSON BOARD CHIAR 1.00
Officer Director
$0 $0 $0
LANCE SLATER SECRETARY 1.00
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 $855,425 $766,562 $607,272 $88,863
2024 $849,118 $890,590 $545,476 $-41,472
2023 $719,518 $852,157 $666,044 $-132,639
2023 $779,523 $865,082 $666,044 $-85,559
2022 $874,452 $816,775 $750,706 $57,677
2021 $613,013 $676,322 $727,563 $-63,309
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