CLASSICAL BEGINNINGS INC (EIN 455506901) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

2012

Legal Domicile

Principal Officer

PETRINA H MCGARVEY

Phone

7062182847

Tax Period

2024-07-01 to 2025-06-30

CLASSICAL BEGINNINGS INC, founded in 2012, is a small nonprofit in the Education sector that reported $340K in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $303K left a modest 11% surplus.

Mission

HOMESCHOOL ASSISTANCE FOR CHILDREN IN GRADES K THROUGH 5

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $45,587

Program Service Revenue $294,819

Investment Income $0

Other Revenue $0

TOTAL REVENUE $340,406

Expense Breakdown

Grants Paid $0

Salaries & Benefits $253,091

Fundraising Expenses $0

Program Expenses $303,076

Other Expenses $49,985

TOTAL EXPENSES $303,076

Year-over-Year Comparison

	2024	2023	Change
Revenue	$340,406	$288,344	+0.2%
Expenses	$303,076	$273,630	+0.1%
Net Income	$37,330	$14,714	+1.5%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$49,229

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PETRINA H MCGARVEY	EXECUTIVE DIRECTOR	40.00	Officer	$49,229	$0	$49,229
PHILLIP HANNER	BOARD MEMBER	2.00	Director	$0	$0	$0
JED ROEBUCK	BOARD MEMBER	2.00	Director	$0	$0	$0
LESLIE CLARK	BOARD MEMBER	2.00	Director	$0	$0	$0
HANNAH SCHREINER	BOARD PRESIDENT	2.00	Officer	$0	$0	$0
ZACH WALLEY	TREASURER	2.00	Officer	$0	$0	$0
JULIA LANCASTER	SECRETARY	2.00	Officer	$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	$340,406	$303,076	$104,605	$37,330
2024	$288,344	$273,630	$68,474	$14,714
2023	$213,018	$208,529	$55,904	$4,489
2022	$218,389	$203,701	$50,799	$14,688

CLASSICAL BEGINNINGS INC