CLARKSVILLE ACADEMY

EIN: 620815277 501(c)(3) Education

CLARKSVILLE, TN

Total Revenue
$9,066,386
Total Expenses
$8,721,262
Total Assets
$17,087,553
Net Assets
$6,539,301
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1970
Legal Domicile
TN
Principal Officer
JENNIFER HINOTE
Phone
9316476311
Tax Period
2024-08-01 to 2025-07-31

CLARKSVILLE ACADEMY, founded in 1970, is a community nonprofit in the Education sector that reported $9.1M in total revenue in fiscal year 2024. Expenses of $8.7M left a modest 4% surplus.

Mission

EDUCATION OF CHILDREN PRE-K THROUGH GRADE 12.

Program Service Accomplishments

Program 1
Expenses: $4,426,067 Revenue: $8,203,599

EDUCATION OF CHILDREN PRE-K THROUGH GRADE 12. APPROXIMATELY 650 CHILDREN UTILIZE THE SCHOOL'S FACILITIES.

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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 $662,658
Program Service Revenue $8,203,599
Investment Income $95,754
Other Revenue $104,375
TOTAL REVENUE $9,066,386

Expense Breakdown

Grants Paid $0
Salaries & Benefits $5,265,333
Fundraising Expenses $0
Program Expenses $4,426,067
Other Expenses $3,455,929
TOTAL EXPENSES $8,721,262

Year-over-Year Comparison

2024 2023 Change
Revenue $9,066,386 $9,186,369 0.0%
Expenses $8,721,262 $7,452,255 +0.2%
Net Income $345,124 $1,734,114 -0.8%
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

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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
12
Employees
117
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
1
$0
Total Directors
11
$0
Key Employees
1
$300,474
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MIKE LICARI BOARD MEMBER 1.00
Director
$0 $0 $0
GEORGE LEE BOARD MEMBER 1.00
Director
$0 $0 $0
JOE MAYNARD BOARD MEMBER 1.00
Director
$0 $0 $0
SUZANNE NORMAN BOARD MEMBER 1.00
Officer Director
$0 $0 $0
BRAD SUITER BOARD MEMBER 1.00
Director
$0 $0 $0
JENNIFER HINOTE HEAD OF SCHO 40.00
Key Emp
$291,722 $8,752 $300,474
NATHAN HUNT BOARD MEMBER 1.00
Director
$0 $0 $0
DEBORAH HELLUMS BOARD MEMBER 1.00
Director
$0 $0 $0
JAY SMITH BOARD MEMBER 1.00
Director
$0 $0 $0
RICHARD COLLINS BOARD MEMBER 1.00
Director
$0 $0 $0
JENNIFER VENTIMIGLIA BOARD MEMBER 1.00
Director
$0 $0 $0
CASEY GRABENSTEIN BOARD MEMBER 1.00
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 $9,066,386 $8,721,262 $17,087,553 $345,124
2024 $9,186,369 $7,452,255 $15,054,511 $1,734,114
2023 $9,988,422 $7,010,109 $9,392,117 $2,978,313
2022 $7,530,666 $6,547,984 $6,902,725 $982,682
2021 $6,391,160 $5,609,636 $6,723,954 $781,524
2020 $5,979,408 $6,419,160 $5,735,158 $-439,752
2019 $6,198,641 $7,021,923 $5,759,269 $-823,282
2018 $6,961,888 $7,488,273 $5,624,905 $-526,385
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