ADDENBROOKE CLASSICAL ACADEMY INC (EIN 800719145) - Form 990 Financial Analysis & Trantor Score

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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

2016

Legal Domicile

Principal Officer

RIC NETZER

Phone

3039891336

Tax Period

2024-07-01 to 2025-06-30

ADDENBROOKE CLASSICAL ACADEMY INC, founded in 2016, is a mid-sized nonprofit in the Education sector that reported $13.4M in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $12.9M left a modest 4% surplus.

Mission

ADDENBROOKE CLASSICAL ACADEMY (ACA) IS A TUITION-FREE, PUBLIC K-12 CHARTER SCHOOL LOCATED IN LAKEWOOD, COLORADO, ACA UTILIZES AN INTERGRATED MODEL OF TRADITION AND INNOVATION TO DEVELOP FREE AND INDEPENDENT THINKERS THROUGH CLASSICAL INSTRUCTIONAL STRATEGIES.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $870,901

Program Service Revenue $12,488,182

Investment Income $70,651

Other Revenue $0

TOTAL REVENUE $13,429,734

Expense Breakdown

Grants Paid $0

Salaries & Benefits $8,112,120

Fundraising Expenses $0

Program Expenses $7,064,443

Other Expenses $4,794,797

TOTAL EXPENSES $12,906,917

Year-over-Year Comparison

	2024	2023	Change
Revenue	$13,429,734	$12,391,627	+0.1%
Expenses	$12,906,917	$12,216,153	+0.1%
Net Income	$522,817	$175,474	+2.0%

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

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PATRICK CORDOVA	PRESIDENT	N/A	Officer Director	$0	$0	$0
ED PETERSON	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
CHRISTI PALMORE	TREASURER	N/A	Officer Director	$0	$0	$0
MAGDALENE GLEMKOWSKI	BOARD MEMBER	N/A	Director	$0	$0	$0
AMANDA GOMEZ	BOARD MEMBER	N/A	Director	$0	$0	$0
CHRISSY LIU	BOARD MEMBER	N/A	Director	$0	$0	$0
MARK PINO	BOARD MEMBER	N/A	Director	$0	$0	$0
RIC NETZER	EXECUTIVE DI	N/A	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	$13,429,734	$12,906,917	$32,629,006	$522,817
2024	$12,391,627	$12,216,153	$32,975,482	$175,474
2023	$11,138,419	$8,912,145	$31,091,794	$2,226,274

ADDENBROOKE CLASSICAL ACADEMY INC