Loudoun Classical School (EIN 833617782) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2020

Legal Domicile

Principal Officer

Jim Leake

Phone

5404413351

Tax Period

2022-07-01 to 2023-06-30

Loudoun Classical School, founded in 2020, is a small nonprofit in the Education sector that reported $286K in total revenue in fiscal year 2020. Revenue surged 64% from the prior year, signaling strong growth momentum. Expenses of $271K left a modest 5% surplus.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $2,747

Program Service Revenue $265,474

Investment Income $0

Other Revenue $66,022

TOTAL REVENUE $334,243

Expense Breakdown

Grants Paid $0

Salaries & Benefits $296,987

Fundraising Expenses $12,370

Program Expenses $355,134

Other Expenses $70,517

TOTAL EXPENSES $367,504

Year-over-Year Comparison

	2022	2021	Change
Revenue	$334,243	$281,511	+0.2%
Expenses	$367,504	$292,465	+0.3%
Net Income	$-33,261	$-10,954	+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

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
Jim Leake	President	5.00	Officer Director	$0	$0	$0
Ryan Elliott	Secretary	5.00	Officer Director	$0	$0	$0
Rev Charles Biggs	Board Member	1.00	Director	$0	$0	$0
Paula Reardon	Treasurer	1.00	Officer Director	$0	$0	$0
Dr Douglas Favelo	Board Member	N/A	Director	$0	$0	$0
Dr Cory Grewell	Board Member	N/A	Director	$0	$0	$0
Dr Mark Mitchell	Board Member	N/A	Director	$0	$0	$0
Kathryn Pugh	Board Member	N/A	Director	$0	$0	$0
Rick Weitz	Board Member	N/A	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
2023	$334,243	$367,504	$163,743	$-33,261
2022	$281,511	$292,465	$175,194	$-10,954
2021	$285,838	$270,861	$129,887	$14,977

Loudoun Classical School